Where Do The Richest Americans Live

            Where Do The Richest Americans Live

Have you checked out the latest “Forbes 400: The Complete List Of The Richest People In America”?

Surprise, Bill Gates, with a net worth of $ 81 billion, is in 23rd place for the 23rd year in a row. Meanwhile, for the first time in 15 years, his friend Warren Buffett fell to third place with a net worth of $ 65.5 billion.

Thanks to the rising share prices of hottech companies, CEOs at the helm of those companies seem to have amassed wealth at a much faster pace. Amazon.com CEO Jeff Bezos earned $ 20 billion to increase his net worth to $ 67 billion, making him the second richest person in the US.

Facebook CEO Mark Zuckerberg jumped into fourth place, his highest rank ever, with a net worth of $ 55.5 billion. However, Oracle founder Larry Ellison, for the first time since 2007, ends up at number 5. Its net worth is $ 49.3 billion.

In No. 6 spot is former New York Mayor Michael Bloomberg, CEO of the firm of the same name Bloomberg L.P., which has a net worth of $ 45 billion.

These six richest multibillionaires collectively have $ 363.3 billion at their withdrawal, most of which is still held as an interest in the companies they founded. However, part of their fortune lies in real estate. Mr. Gates owns a $ 170 million mansion in Washington, D.C., several horse farms across the United States and shares in some luxury hotel chains through his private investment firm, Cascade.

Check out the residences that the six richest maguies call home:

 

1. Bill GatesWorth: $81 billion Home: Medina, Washington

Mr. Gates, 60, spends most of his time in his 66,000-square-foot mansion in Medina, Washington, nicknamed Xanadu 2.0, after the title character’s estate in Citizen Kane. The mansion overlooks Lake Washington. This has Mr. Gates took seven years and $ 63.2 million to build this home, which is filled with many high-tech features. He bought the property in 1988 for $ 2 million, but according to public records it is now estimated to be worth $ 170 million.

 

2. Jeff BezosWorth: $67 billion Home: Medina, Washington

Mr. Bezos, 52, in the process of building his e-commerce empire, has grabbed a large amount of real estate over the years, earning him number 26 on The Land Report’s list of America’s largest landowners last year. In terms of residences, he owns a 165,000-acre farm in West Texas, a waterfront home in Washington state, three adjoining apartments in the Century Tower in Manhattan, and a 12,000-square-foot Beverly Hills estate that according to Tom Cruise as a neighbor boasts. to Forbes.

His home in Medina, Washington, near Amazon’s headquarters, boasts 5.35 acres and approximately 29,000 square feet of living space. Apart from the main house, there is also a house and a boat house of 4500 square meters on Lake Washington.

 

3. Warren BuffettWorth: $65.5 billion Home: Omaha, Nebraska

Although the smartest investor on earth owns several real estate investments, Mr. Buffett, 86, is known for living humbly.

His home sits on a corner in Omaha, Nebraska, which he bought in 1958 for $ 31,500. Mr. Buffett has lived there ever since. The house, originally built in 1921, underwent several extensions to make it a cozy, comfortable 6,500-square-foot home for the man with a net worth of more than $ 65.5 billion.

4. Mark ZuckerbergValue: $ 55.5 billion Home: Palo Alto, California

The youngest richest entrepreneur spends most of his wealth in schools, health and other philanthropies. His real estate portfolio includes his home in Palo Alto and a 9.9 million pied-a-terre near Dolores Park in San Francisco.

Mr. Zuckerberg, 32, bought his first 5,000-square-foot Palo Alto artisan-style home for $ 7 million. In the following years, he snatched four of the houses around his house for about $ 43.8 million to better preserve his privacy. But his plan to demolish and rebuild the four houses has stalled.

5. Larry EllisonValue: $ 49.3 billion Home: Woodside, California

Oracle CEO Larry Ellison, 72, has an extensive real estate portfolio. He bought up large parts of entire neighborhoods in Malibu and around Lake Tahoe. He owns a $ 70 million Beechwood Mansion in Newport, Rhode Island; a garden villa in Kyoto, Japan; and 98% of the land of Lanai, the sixth largest island of Hawaii, which he bought in 2012 for $ 500 million, according to published reports.

His estate in Woodside, California, valued at $ 110 million, is based on 16th-century Japanese architecture, complete with a 2.3-acre man-made lake.

6. Michael BloombergWorth: $45 billion Home: Manhattan, New York

Former New York City Mayor Michael Bloomberg, 74, owns more than a dozen properties worldwide. He spends most of his time in his Upper Estate Side townhouse, but he also owns estates in the Hamptons in New York, as well as in London, Bermuda, Colorado and Florida.

Bloomberg Townhouse, located at 17 East 79th St., is spread over five floors with a limestone exterior. During his three terms as mayor, Mr. Bloomberg lived in the townhouse instead of Gracie Mansion. However, he apparently has a plan to turn it into a mega mansion. Since 1989, he has been gradually buying up units at 19 East 79th St., the townhouse cooperative that is right next to his current residence. Of the six units in the white 1880s building in Greek revival style, Bloomberg now owns five of them, according to The New York Observer.

 

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