Seattle-based Microsoft founder Bill Gates — and second richest man in the world — remarkably, doesn’t own an excess of properties. Not any longer. According to property records as well as South Florida’s Gossip Extra, Gates now owns a place in Wellington, FL, paying $8.7 million in cash. Hit the jump for more details.
The Mediterranean-style residence is vastly different and much smaller than Gates’ high-tech and modern compound spanning over 5 acres with 50,050 square feet of living space on Lake Washington, about 8 miles east of Seattle.
The home Gates just purchased in Wellington is reportedly a residence he and his family rented last year in January while his teenage daughter competed in the Winter Equestrian Festival. Built in 2010, the estate has 4 beds and 4 baths with a 7,234-square-foot, open floor plan. Horse-friendly features like a 20-stall barn and show-jumping arena were likely part of Gates’ decision to buy the home.
