Bill and Melinda Gates bought a $43 million beach house in California last year- see inside

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Bill Gates beach house.

  • Bill and Melinda Gates bought a beachfront home near San Diego, California.
  • They reportedly paid $43 million for the six-bedroom, 5,800 square foot house.
  • The mansion is part of a massive real estate portfolio that could be divided in the couple’s divorce.
  • Visit Business Insider’s homepage for more stories.

Bill and Melinda Gates bought an oceanfront property near San Diego last year.

Gates, who rose to prominence as co-founder of Microsoft, bought the Del Mar, California home for $43 million, the Wall Street Journal first reported. It was reportedly one of the largest ever sales in the area.

The Del Mar property was last on the market for $48 million before it was purchased by the Gates in late March 2020. It was previously owned by Madeleine Pickens, the ex-wife of Texas billionaire and hedge fund manager T. Boone Pickens.

The Gates’ real estate portfolio is estimated to be worth over $200 million. Now with the news that Gates and his wife of 27 years, Melinda, are ending their marriage, the properties could be divided up.

The couple owns other luxury properties, including a southern California ranch purchased for $18 million in 2014, and a mansion in Medina, Washington, estimated to be worth $127 million. They have a separation contract that likely dictates how property will be split.

Take a look inside the San Diego property.

The house was built by architect Ken Ronchetti in 1999.

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Bill Gates beach house.

Source: Realtor.com

It is considered a landmark in Del Mar.

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Bill Gates beach house.

Source: The Guiltinan Group

Wood ceilings throughout give the beach house an island feel.

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Bill Gates beach house.

The main living space has large windows that open up onto the porch.

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Bill Gates beach house.

Outside, the property has 120 feet of oceanfront.

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Bill Gates beach house.

The owners can swim in the ocean, or enjoy the view from the porch.

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Bill Gates beach house.

Outdoor furniture and a fire pit make the most of the space.

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Bill Gates beach house.

As if that wasn’t enough, there’s also a large pool…

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Bill Gates beach house.

…and a ten-person jacuzzi.

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Bill Gates beach house.

The jacuzzi and fire pit have everything for a perfect beachy respite.

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Bill Gates beach house.

Back inside, the house has six bedrooms…

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Bill Gates beach house.

…some with stunning ocean views.

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Bill Gates beach house.

The house is 5,800 square feet, including 3.5 bathrooms.

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Bill Gates beach house.

Limestone floors continue throughout the house.

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Bill Gates beach house.

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A Hong Kong billionaire paid $276 million for London’s most expensive home last year. Now, he plans to spend another $277 million renovating it.

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The 62,000-square-foot mansion at 2-8A Rutland Gate overlooks London’s Hyde Park.

Last year, Hong Kong billionaire Cheung Chung Kiu obliterated London’s real-estate record by paying roughly $276 million for a 45-room mansion overlooking Hyde Park.

Now, he reportedly plans to spend roughly that same amount to renovate it.

Cheung has submitted plans to the Westminster City Council for an extensive renovation of the 62,000-square-foot mansion at 2-8A Rutland Gate in Knightsbridge. Per a website that shares information on the renovation, the house is “heavily dilapidated” and requires “extensive refurbishment prior to occupation.”

Experts told the Sunday Times that Cheung’s proposed renovations could cost as much as 200 British pounds, or about $276 million – which is slightly higher than the price he paid for the home last year via his private family office. A spokesperson for the renovation project declined to comment for this story.

Peter Wetherell, chairman of the Wetherell real-estate agency in Mayfair, told Insider that after its renovation, 2-8A Rutland Gate could be worth “anything from £310 million to over £500 million, either way the most valuable private home in London.”

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A view of 2-8 Rutland Gate in 2015.

Cheung, a Hong Kong real-estate investor whose net worth is estimated at more than $1 billion, bought the home from the estate of Saudi Arabia’s late crown prince Nayef bin Abdulaziz. 2-8A Rutland Gate was originally four homes before being combined into one massive building with 45 rooms. The sprawling residence overlooks Hyde Park in Knightsbridge, an upscale neighborhood in central London. It was once listed for £300 million.

When Cheung bought the property in January 2020, he had not yet decided whether he would live in the mansion himself or turn the building into apartments, his spokesperson told The Wall Street Journal at the time. But according to the Rutland Gate renovation website, the property is now intended to be the new owners’ family home in London.

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A reception room at 2-8 Rutland Gate.

The proposals for the home include altering, repairing, and demolishing parts of the building’s façade, according to the website. The owner also wants to change the internal layouts, demolish and remodel the fourth and fifth levels, excavate the basement, and add nearly 11 feet to the building’s overall height.

Pending approval from the city council, construction will start in the fourth quarter of 2021 and the family will move in in early 2025. A spokesperson for Cheung’s company did not immediately respond to Insider’s request for comment for this story.

When it comes to Cheung’s personal and family life, he’s known for staying under-the-radar, according to Bloomberg. His real-estate purchases, on the other hand, often make headlines.

In 2015, he spent $656 million on a piece of land in Hong Kong’s exclusive Peak neighborhood. And in 2017, his company, CC Land Holdings, bought the Leadenhall Building, a 740-foot skyscraper in central London known as “the Cheesegrater.”

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A bathroom at 2-8 Rutland Gate.

Cheung isn’t the only Hong Konger who’s been snapping up property in London lately. As Bill Bostock reported for Insider, Hong Kong residents have been rushing to snap up luxury real-estate in the UK capital since China imposed a new national-security law on Hong Kong last summer.

Once a rarity, homes priced at £100 million ($139 million) or higher are becoming more and more common in London, creating a new “giga-prime market for billionaire buyers,” according to Wetherell. About 20 homes in central London that are built or in development are currently valued at around £100 million, he said.

“Billionaires like owning trophy homes in London because it is good for their image,” Wetherell said in a recent report from his agency. “… And they also like London because each decade property prices go up, so the value of their property assets increase.”

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Inside Larry Ellison’s new $80 million Palm Beach mansion, which sits in a high-security gated community and has 520 feet of ocean frontage

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Tech billionaire Larry Ellison has paid $80 million for a 15,000-square-foot beachfront mansion in Palm Beach, Florida.

Tech billionaire Larry Ellison has paid $80 million for a 15,000-square-foot beachfront mansion in Palm Beach, Florida, The Wall Street Journal first reported.

larry ellison palm beach mansion

The Oracle cofounder, who’s worth $89.3 billion, bought the estate from hedge-fund manager Gabe Hoffman, who put it on the market in June 2020 for $79.5 million, as Katherine Clarke reported for the Journal.

Chris Leavitt, Ashley McIntosh, and Tonja Garamella of Douglas Elliman handled the transaction and declined to comment on the deal.

Ellison said in December that he had moved from California to Lanai, the Hawaiian island he owns.

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Oracle’s Larry Ellison.

After Ellison announced in December that he’d be moving Oracle’s headquarters from Redwood Shores, California, to Austin, Texas, he got questions from employees about whether he was also moving to Austin, Recode reported.

“The answer is no. I’ve moved to the state of Hawaii and I’ll be using the power of Zoom to work from the island of Lanai,” Ellison wrote in an email to staffers.

At 7.35 acres, his new Palm Beach property is the third-largest oceanfront parcel of land in Palm Beach County, according to the listing.

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The estate sits in a gated community called Seminole Landing, which has a manned security gate and 24-hour security. The property itself is also gated.

The listing also notes that the Palm Beach estate is one of “only a handful of properties in Florida where someone could land and take off in a helicopter from the estate.”

Built in 1998, the Tuscan-style main home has 15,514 square feet of living space.

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Source: Douglas Elliman

The house has seven bedrooms, 11 bathrooms, and three half-bathrooms.

larry ellison palm beach mansion

Source: Douglas Elliman

There’s also a VIP guest suite, a home theater, a wine room, chef’s kitchen, and a tennis court.

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Source: Douglas Elliman

The swimming pool is surrounded by palm trees and a large private terrace.

larry ellison palm beach mansion

Source: Douglas Elliman

Perhaps the most coveted feature of the property is its 520 feet of ocean frontage.

larry ellison palm beach mansion

Source: Douglas Elliman

Ellison’s newest home purchase adds to the billionaire’s already impressive real-estate collection.

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He also owns a 23-acre estate in Woodside, California, and a home in San Francisco’s Pacific Heights neighborhood, multiple homes on Malibu’s “Billionaire’s Beach,” and several properties in Lake Tahoe.

An Oracle representative did not respond to Insider’s request for comment for this story.

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Shaq just sold his Florida mansion for $16.5 million after 3 years on the market. Look inside the home that comes with a 6,000-square-foot basketball court.

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Shaq bought the Florida estate for a little less than $4 million in 1993.

Retired NBA superstar Shaquille O’Neal just sold his lakeside mansion in Florida for $16.5 million, Sarah Paynter reported for The New York Post.

The 31,000-square-foot house sits on nearly four acres in the exclusive, gated golf community about a 30-minute drive from Orlando.

O’Neal, who retired in 2011 after making more than $286 million over the course of his basketball career, bought the house in 1993 for a little less than $4 million, according to Realtor. He first put it on the market in 2018 for $28 million, dropped the price to $21.9 million in 2019, and discounted it again to $16.5 million in 2020.

The 12-bedroom Florida home is in the exclusive Isleworth community, a 600-acre golf-club community bordering a lake that’s full of grand cypress and oak trees, and lavish estates. A website for the house touted a message for potential buyers: “Live life large, live like Shaq.”

Compass Florida’s Atlas Team agents Tiffany Pantozzi, Jared Ringel, and Chris Franciosa held the listing.

Here’s a look at the mansion O’Neal sold after nearly 28 years of ownership.

Retired NBA star Shaquille O’Neal just sold his lakeside estate in Windermere, Florida, for $16.5 million.

shaq florida house

He first put it on the market in 2018 for $28 million and then dropped the price to $21.9 million in 2019. It was further discounted to $16.5 million in 2020.

Shaq owned the property for nearly 28 years.

shaq florida house

Despite the price chops, he still turned a profit on the home. He paid a little less than $4 million for the property in 1993 — the year after he was drafted by the Orlando Magic.

The house sits on the shores of Lake Butler in Isleworth, an exclusive, gated golf community about a 30-minute drive from Orlando.

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Source: Atlas Team, Compass Florida

It features nearly 700 feet of prime lake frontage.

shaq florida house

Source: Atlas Team, Compass Florida

A private pier with two covered boat slips and two boat lifts stretches out onto Lake Butler.

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Source: Atlas Team, Compass Florida

Built in 1990, the 12-bedroom home spans more than 31,000 square feet.

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Source: Realtor

The entryway of the home is marked by stately white columns.

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Source: Atlas Team, Compass Florida

The grand foyer features a curved double grand staircase and polished marble floors.

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Source: The Agency

It leads into the estate’s two-story great room, which spans 1,170 square feet by itself.

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Source: The Agency

The formal dining room can seat 14 people.

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Source: Atlas Team, Compass Florida

The home’s master bedroom has a mirrored wall, a gilded ceiling, and expansive views of the lake.

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Source: Atlas Team, Compass Florida

The master bathroom suite is a bath lover’s dream …

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Source: The Agency

… and it’s bigger than many people’s bedrooms.

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Source: The Agency

The master suite also includes a spacious walk-in closet.

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Source: The Agency

The home’s 11 other bedrooms are similarly roomy and include either views of the lake or the lush Florida greenery. Most bedrooms have en-suite bathrooms.

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Source: The Agency

The home has a chef’s kitchen with professional appliances.

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Source: Atlas Team, Compass Florida

The soundproof home theater can seat at least 10 people.

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Source: The Agency

The house includes its own cigar lounge with a private balcony and bar …

shaq florida house

Source: The Agency

… complete with a walk-in cigar humidor and plenty of wine storage.

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Source: Atlas Team, Compass Florida

An office on the ground floor provides a workspace with serene water views.

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Source: Atlas Team, Compass Florida

There’s also an “aquarium-style” room that features a triangular saltwater fish tank.

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Source: The Agency

As you might expect from one of the most famous NBA players of all time, the house has its very own 6,000-square-foot indoor basketball court.

shaq's florida house

Source: Atlas Team, Compass Florida

The words “Shaq Center” are printed on the floor.

shaq's florida house

Source: Atlas Team, Compass Florida

There’s also a garage with space for at least 17 cars.

shaq's florida house

Source: Atlas Team, Compass Florida

Previous listing photos show a room full of memorabilia from Shaq’s basketball career.

shaq florida mansion

Source: The Agency

The mansion also has its own recording studio and a game room.

shaq florida mansion

Source: The Agency

Outside is a 95-foot-long swimming pool that gets up to 15 feet deep.

shaq florida house

Source: Atlas Team, Compass Florida

A waterfall flows into the resort-style pool …

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Source: Atlas Team, Compass Florida

… and an outdoor BBQ space includes a grill and sink, as well as underwater stools, which can make the space a poolside bar.

shaq florida mansion

Source: Atlas Team, Compass Florida

Shaq’s home is not short on security features.

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Shaq bought the Florida estate for a little less than $4 million in 1993.

According to the listing, the home comes with a safe room, and the property is double-gated with a 10-foot privacy wall.

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Tommy Hilfiger just sold his sprawling Greenwich estate for $45 million. Take a look at the historic 22-acre property.

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Hilfiger said in September that he and his wife were moving to Palm Beach, Florida.

Greenwich, Connecticut, has been one of the most coveted real-estate destinations during the pandemic for wealthy New Yorkers in search of more space.

But one affluent New Yorker –  fashion designer Tommy Hilfiger – is giving up his Greenwich property and moving to sunnier climes. Hilfiger just sold his 22-acre estate for $45 million, after putting it on the market in September for $47.5 million, Sotheby’s International Realty told Insider.

Hilfiger and his wife, Dee Ocleppo Hilfiger, bought the property in 2010 for $31.4 million, The Wall Street Journal reported.

The lavish estate includes a 13,344-square-foot main residence built in 1939, rose and water gardens, a swimming pool, tennis court, guest cottage, greenhouse, and detached four-bay garage. Janet Milligan of Sotheby’s International Realty held the listing.

Take a look at the property.

Fashion designer Tommy Hilfiger just sold his 22-acre estate in Greenwich, Connecticut, for $45 million, listing brokerage Sotheby’s International Realty told Insider.

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Tommy Hilfiger and his wife, Dee Ocleppo Hilfiger, at a Paris Fashion Week event in February 2020.

“I hear from my friends in real estate that the market is very strong, and it hasn’t been this strong in years,” Hilfiger told the Wall Street Journal in September, when he put the property up for sale for $47.5 million.

Indeed, affluent New Yorkers have been moving to Greenwich in droves during the pandemic.

Hilfiger told the Journal that the couple is moving to Palm Beach, Florida, which they had been planning for some time.

The Hilfigers bought the expansive property in 2010 for $31.4 million, according to the Journal.

tommy hilfiger greenwich estate

Hilfiger told the Journal that he and his wife loved the “Old World charm of the house,” which was built in 1939. The couple spent three years restoring the historic home.

And it’s not the first renovation project Hilfiger has undertaken over the years; he’s renovated and sold seven other properties in Greenwich over the past 35 years, per the Journal.

A long driveway and a gated entrance lead to the estate’s main residence.

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Source: Sotheby’s International Realty

The 81-year-old home sprawls over 13,344 square feet and is surrounded by landscaped gardens and hedges.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The castle-like home was influenced by English and French design, with turrets, Holland Brick, and granite covered in ivy.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The grounds appear to be meticulously maintained.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

There are sculptural hedges, a rose garden, a topiary garden, and water fountains.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The estate sits on the highest point in Greenwich, with views of the Long Island Sound and even the Manhattan skyline, according to the listing.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The home was originally designed for real-estate tycoon Charles V. Paterno in the 1930s.

tommy hilfiger greenwich estate

Later, it was the home of financier and art collector Joseph H. Hirshborn.

Inside, the home features six fireplaces and wood paneling.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

In the reception space, an Elizabethan-style staircase spirals upward in a bay surrounded by windows.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The kitchen features a massive center island and an antler chandelier.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

A formal dining room with wood-paneled walls and ceiling can seat at least 10 people.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

Another dining nook can be seen with a smaller, round table that seats seven.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

One room is fashioned as an entertainment area, with a billiards table and seating clustered around a fireplace.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

Most of the first-floor rooms open up to the outside for an indoor-outdoor lifestyle.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

There’s also a home bar.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The master bedroom is home to one of the residence’s six fireplaces.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The listing photos show a glamorous master bathroom with a massage table …

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

… and a spacious walk-in shower.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The master suite also includes dual dressing rooms.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The home theater room was styled with Turkish-inspired finishes, according to the listing.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

Another room is set up as a children’s play room, with a drawing easel and a play castle.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The home gym includes weights, a treadmill, exercise ball, and other equipment.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The property’s outdoor amenities include a resort-like swimming pool and an all-weather tennis court.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

The property’s guest house includes a living room, kitchen, two bedrooms, two baths, and a two-bay garage.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

A turreted “tea house” has been converted into a security pavilion, per the listing.

tommy hilfiger greenwich estate

Source: Sotheby’s International Realty

Hilfiger wasn’t the only one to list his massive Greenwich estate during the pandemic.

tommy hilfiger greenwich estate

Last July, the 260-acre Hillandale Estate that straddles both Connecticut and New York hit the market for $49.5 million. And a few months later, a 24-room mansion with a secret tunnel to the pool house listed for $32.5 million.

Even before the pandemic, the Greenwich market had been picking up steam after a several-year slump, Compass real-estate agent Robin Kencel told Mansion Global. In the spring of 2019, a Georgian colonial-style waterfront mansion sold for $48 million

The most expensive home ever to sell in Greenwich — and Connecticut — was back in 2014, when the 51-acre Copper Beech Farm traded hands for $120 million.

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