(Photo : Alexandra Beier/Getty Images)
Munich Security Conference 2022 Convenes During Ukraine Crisis
MUNICH, GERMANY - FEBRUARY 18: Bill Gates, co-chair of the Bill & Melinda Gates Foundation, speaks during a panel discussion at the 2022 Munich Security Conference on February 18, 2022 in Munich, Germany. The conference, which brings together security experts, politicians and people of influence from across the globe, is taking place as Russian troops stand amassed on the Russian, Belarusian and Crimean borders to Ukraine, causing international fears of an imminent military invasion. (Photo by Alexandra Beier/Getty Images)
Construction of a huge oceanfront home in Southern California thought to be owned by 66-year-old Microsoft billionaire Bill Gates for use as his summer bachelor pad has begun for months.
Gates paid $43 million for the six-bedroom, three-bathroom 5,800 square-foot mansion in affluent Del Mar, north of San Diego, in March 2020, but remodeling work has just recently begun.
Bill Gates' Beachfront Palace Upsets Neighbors
It was one of the most costly home purchase in San Diego County history, but Bill Gates is now gutting the house in order to effectively create a completely new property for himself, which would eventually span four plots of land and encompass more than 6,000 square feet.
However, the construction work is starting to upset the neighbors, who have now had to put up with weeks of construction work. Local realtors were also perplexed by the construction activities. "The house he bought was in great condition, so I'm not sure why he'd want to demolish it," one said, as per Daily Mail.
Bill Gates, whose 27-year marriage to Melinda, 57, ended in May, has been spotted in the area twice in recent months, inspecting the construction, with a potential completion date of August for the property. Six times a month, Bill Gates flies into Carlsbad before driving the 30 minutes to Del Mar.
A number of factors contributed to the couple's highly public breakup, not the least of which was Bill's affair in 2000. The Gates are projected to be worth $130 billion, making them the fourth richest people on earth, behind Jeff Bezos, Elon Musk, and Bernard Arnault, the French luxury goods tycoon.
With a net worth of $130.5 billion dollars, the sky's the limit for Gates' renovation. The house had 5,800 square feet, six bedrooms, and three and a half baths before it was demolished.
Bill Gates' Other Properties
A $130 million estate in Medina, Washington; a $18 million property in Rancho Paseana, California; a $8.7 million home in Wellington, Florida; and a $8.9 million ranch in Wyoming are among Gates' properties.
Bill Gates' San Diego home is causing a commotion, due to the loud and continuing construction, The Sun reported. According to sources, his frequent excursions to the area, which are accompanied by a large security detail and bulletproof cars, are also disturbing.
The New York Post said that construction workers are "working around the clock to get it done," but it's unknown how long Bill Gates intended to keep working on the property or what sort of bachelor pad he intends to build.
Melinda Gates bought her own $1.2 million villa in Seattle three weeks before they announced their divorce in April 2021. As Bill Gates delves into his beachfront building site, the four-bedroom, two-bathroom home has apparently become Melinda's "bachelorette" pad. Apart from the Seattle and San Diego residences, it's unknown who would maintain the other properties during the couple's split.
Related Article: Bill Gates Warns About New Pandemic Amid Weakening of COVID-19: "It Will Be a Different Pathogen"
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