Inside Bill and Melinda Gates’ Property Portfolio

Their US-based homes alone have a combined annual tax bill of up to about $6 million.

By Mark David 11/05/2021

After 27 years of marriage, amassing a planetary fortune and founding a namesake philanthropic enterprise with an endowment of nearly $63 billion, Bill and Melinda Gates announced this week that they’ve decided to split up in the most modern of ways, via Twitter. The split appears to be amicable, and the erstwhile couple says they will continue their roles as co-chairs and trustees of the Bill & Melinda Gates Foundation. They will, however, need to divvy up their Brobdingnagian pile of assets, a no doubt Byzantine enterprise that has people around the world wondering who will get what.

It’s often said that the Microsoft founder doesn’t like to spend his money frivolously. Frivolous, however, is in the eye of the beholder and often depends on the size of one’s bank account. And, for Gates, currently ranked by the bean counters at Forbes as the fourth richest person on earth with a net worth of around US$130 billion, not spending frivolously means maintaining a fleet of Porsches and other high-performance sports cars, travelling by private jet—reportedly a Bombardier BD-700 Global Express that costs upwards of US$40 million—and, though it’s worth but a tiny fraction of his overall wealth, presiding over a property portfolio easily valued in excess of a quarter-billion bucks.

It’s not clear exactly how many homes the Gates actually own, and some of their estates comprise numerous parcels and several houses. There are, though, at least eight houses and compounds spread across the United States that, according to tax records, have a combined annual tax bill that tallies up to about $4 million. That might be enough to give an ordinary millionaire a million sleepless nights, but for Gates, the yearly tax bills are nothing more than pecuniary child’s play, less, in fact, than he earns in a single day.

Based on how much wealth he added to his bottom line over the past year, according to Business Insider, he earned about $5900 per second. That means at a spending rate of $1.3 million per day it would take him about 400 years to spend his fortune. Business Insider went on to determine that he’s 66% richer than the entirety of the British monarchy, has more money than the richest person in Asia and the richest person in China, combined, and could give every person in the world $15 and still have $28 billion to spare.

Bill and Melinda Properties

The Gates’ primary property in Medina, Washington. Photo Courtesy: Wikimedia Commons

MEDINA, WASHINGTON.

The Gates’ primary residence has long been a custom-built mansion that overlooks Lake Washington in Medina, Washington. The Pacific Lodge-inspired contemporary extravaganza, designed in conjunction between Bohlin Cywinski Jackson and Cutler Anderson Architects, and often referred to in the press as Xanadu 2.0, after the estate of the lead character in “Citizen Kane,” measures in at about 66,000 square feet.

Some of the notable creature comforts include seven bedrooms, two dozen bathrooms, six kitchens, including one that services a 2,200-square-foot ballroom/meeting space, garaging for a couple dozen cars and a 20-seat Art Deco-style theater. There’s also a 60-foot swimming pool with an underwater sound system, 2,500 square feet of health and wellness facilities complete with gym, sauna and steam room, a trampoline room with 20-foot ceiling, and a 2,100-square-foot library with a bookcase that swings open to reveal a hidden bar. Outside, there’s a sport court, a salmon and trout-stocked stream, a boat dock and a private lakefront beach with sand imported by barge from the Caribbean island of St. Lucia.

And, of course, the tech gadgetry is next level. Occupants and guests each wear a pin with pre-set preferences for lighting, temperature and audio-visual systems. The pins communicate with sensors throughout the house, and as one moves from room to room not only with one’s music selection of choice follow but the lights and climate systems will alter themselves automatically to correlate with preset preferences.

And, because all that just isn’t enough, in addition to the main residence, which tax records show has a value of approx. $165 million and a yearly tax bill of more than $2.9 million, the Gates own at least a dozen surrounding properties that altogether span more than ten acres with at least six additional luxury homes.

Bill and Melinda Properties

The couple’s Indiana Wells home in California. Photo Courtesy: Google

INDIAN WELLS, CALIFORNIA

The Gates dropped approx. $16 million in 1999 for a deluxe desert mansion that sits alongside the manicured greens of the exclusive Vintage Club in Indian Wells, California, a private and exceedingly-posh golf and resort enclave about 30-odd kilometres southeast of Palm Springs.

Not many details about the property are publicly available, but tax records and other digital resources indicate the 1.33-acre estate includes a main residence of nearly 14,000 square feet built in 1993 with six bedrooms and 7.5 bathrooms plus a huge swimming pool shaped like a guitar and vast sweep of manicured lawn.

The Vintage Club’s other homeowners include a bevy of billionaires, Charles Koch, Bill Gross, Dennis Washington and Ingrid Flick among them.

Bill and Melinda Properties

One of the Gates’ Rancho Sante Fe properties. Photo Courtesy: Realtor.com

RANCHO SANTA FE, CALIFORNIA.

In 2014, after it had been on the market for a few years at declining prices that started at a wildly optimistic $38.2 million and dropped to about $31.9 million, the Gates swooped into ritzy Rancho Santa Fe, Calif, a Beverly Hills-style suburb about 30 kilometres north of San Diego, and scooped up diet guru Jenny Craig’s 228-acre horse farm in an off-market deal for a discounted price of $23 million.

Then known as Rancho Paseana, and now known as Evergate Stables, the thoroughbred training and competitive hunting-jumping facility has been upgraded over the last handful of years. However, at the time of its 2014 sale, the farm includes four 30-stall barns, plus a fifth that will hold another 21 horses, an office and veterinarian suite, a guesthouse, a couple of 30-acre pastures and a 1200-metre racetrack.

Bill and Melinda Properties

The couples Rancho Paseana property. Photo Courtesy: Google

RANCHO SANTA FE, CALIFORNIA.

At the time the Gates bought Rancho Paseana in 2014, they already owned — and still own — a four-plus-acre estate at the tony Del Mar Country Club. Perched on a low ridge at the end of a palm tree-lined drive with panoramic views over Rancho Paseana, which is now called Evergate Stables, the nearly 11,000-square-foot Mediterranean villa was acquired, per tax records, in 1999 for $6.5 million.

Bill and Melinda Gates Properties

The Gates’s oceanfront compound in Del Mar, California. Photo Courtesy: Realtor.com

DEL MAR, CALIFORNIA.

After two decades bunking periodically in Rancho Santa Fe, the Gates decided last year they’d like a place to hunker down at the ocean and, just as the Covid-19 lockdowns began to sweep across the nation, sealed the deal on the much-publicised  approx. $54.8 million purchase of an oceanfront compound along one of the most exclusive streets in the affluent seaside community of Del Mar, about six miles west of their holdings in Rancho Santa Fe.

Designed by renowned local architect Ken Ronchetti, the single-level home presides over about 120-feet of beach frontage and measures in at a comfortably large but well short of humongous 5,800 square feet with six bedrooms and 3.5 bathrooms, plus a pair of guesthouses. Marketing materials from the time of the sale indicate the unconventionally bifurcated estate —the main house sits on one side of the street and a secondary structure is on the other — offers a plethora of leisure and recreation options including a home theatre, a glass-tiled swimming pool, a 10-person hot tub, a health and fitness suite and, of course, a huge terrace with unparalleled views up and down the sugary sand.

Bill and Melinda Properties

A private Cody, Wyoming mansion owned by the duo. Photo Courtesy: Google

CODY, WYOMING

Back in 2009 it was widely reported Gates shelled out somewhere in the neighbourhood of $11.5 million for a sublimely beautiful ranch of almost 500 acres nestled into the foothills of Carter Mountain about 30km outside of Cody, Wyoming.

At the time of the transaction, marketing materials for the property indicated the fairly remote ranch is approached down an 11km drive with a 15,000-square-foot main residence known as Irma Lake Lodge. Additionally, there’s a five-bedroom guesthouse, a caretaker’s house, and a three-room cottage built by American Old West legend Buffalo Bill Cody who settled the land sometime around the turn of the 20th century. It was Cody, in fact, who gave the four small and pristine lakes that dot the ranch their names: Irma, Lilly, Arta and Natalie.

Bill and Melinda Properties

The massive Rocky Mountain getaway, Yellowstone Club. Photo Courtesy: Google

YELLOWSTONE CLUB, MONTANA,

The Gates family maintains a substantial Rocky Mountain getaway in the ultra-prestigious Yellowstone Club, a 13,600-acre members-only ski and golf resort community just west of Big Sky, Montana, where some of the other high net worth members are reported to include Justin Timberlake and Jessica Biel, TV producer Burt Sugarman and entertainment news journalist Mary Hart, Frank McCourt, former owner of the L.A Dodgers, Peter Chernin, former president of News Corp., and billionaire hotelier Barry Sternlicht.

It’s not clear how much the Gates paid for the multi-acre estate property that sits on a wooded ridge with magical wrap-around mountain views, but becoming a member of the club is not for mere financial mortals. Membership reportedly requires a roughly $450,000 initiation fee, the purchase of a home, which typically start at more than $7.5 million, and close to $51,000 in annual fees.

Though there’s a tradition of members not talking about each other, an unnamed member recalls in a 2009 New York Times article that one of the attractions to Yellowstone Club for the Gates is the high level of privacy and security that allows the family to take to the slopes without bodyguards.

Bill and Melinda Properties

The multiacre spread in Wellington, Florida owned by the Gates. Photo Courtesy: Realtor.com

WELLINGTON, FLORIDA.

The Gates have had a foot in the South Florida real estate trenches since at least 2009 when they paid approx. $7.2 million for a waterfront estate in low-key Hobe Sound. That property was sold in 2018 — at a million-dollar loss — but some years ago, no doubt because their daughter Jennifer is an award-winning equestrian, the Gates shifted their property focus to the affluent equestrian-oriented village of Wellington, about 28km west of Palm Beach at the swampy edge of The Everglades.

The Gates didn’t just buy a small training facility, however. Between 2013 and 2019, they ponied up close to $59 million for no fewer than five properties that comprise more than 25 contiguous acres within the exclusive and guard-gated Mallet Hill enclave. Their most recent acquisition in the horsey community came in 2019 when they splashed out approx. $26 million in an off-market deal for a 7.7-acre spread with a recently built mansion. 

This article was originally published on Dirt.

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Omega Just Unveiled 9 Watches in Its New Constellation Observatory Collection

The line-up shows up a bevy of metals and colours, too, as well as two new calibres.

By Nicole Hoey 31/03/2026

Omega’s latest watch is in a universe of its own.

The Swiss watchmaker just unveiled its new Constellation Observatory Collection today, the next step in its Constellation lineage and the first two-hand hour and minute timepieces to ever earn Master Chronometer certification. And if you were paying attention to any of the dazzling watches spotted at the Oscars this year, you would’ve caught a glimpse of the new line already: Sinners star Delroy Lindo rocked one of the models on the Academy Awards red carpet, giving us a pre-release preview of the collection.

Developed at Omega’s new Laboratoire de Précision (its chronometer testing lab open to all brands), the collection houses a set of nine 39.4 mm watches. The watches underwent 25 days of scrutiny there, analysed via a new acoustic testing method that recorded every sound emitted from the timepiece to track irregularities, temperature sensitivities, and more in the name of all things precision. (Details such as water resistance and power reserve are also thoroughly examined.) This meticulous process is all in the name of snagging that Master Chronometer label, meaning that the timepiece is highly accurate and surpasses the threshold for ultra-high performance. The Constellation Observatory Collection has now changed the game, though, thanks to its lack of a seconds hand.

A watch from the Constellation Observatory Collection, with the Observatory dome on display. Omega

“Until now, precision certification has required a seconds hand,” Raynald Aeschlimann, president and CEO of OMEGA, said in a press statement. “The development of a new acoustic testing methodology has made that requirement obsolete. It is this breakthrough that has enabled us to present the Constellation Observatory, the first two-hand watch to achieve Master Chronometer certification.”

In addition to notching its place in history, the collection also debuted a new pair of movements: the Calibre 8915 and the Calibre 8914, each perched on a skeletonised rotor base. The former’s Grand Luxe iteration will appear on the 950 Platinum-Gold model in the collection, which offers up that base in 18-karat Sedna Gold alongside a Constellation medallion in 18-karat white gold with an Observatory dome done in white opal enamel surrounded by stars. The second Calibre 8915, the Luxe, will find its home on the other precious-metal models in the line, either made with the brand’s 18-karat Sedna, Moonshine, or Canopus gold seen across the case, the hand-guilloché dial, and, of course, the movement itself. (Lindo chose to rock the Moonshine Gold on Moonshine Gold iteration, priced at approximately $86,000, for Sinners‘s big night at the Oscars.) As for the Calibre 8914, it can be found in the collection’s four steel models.

 

Omega Constellation Observatory Collection
A look at a gold case-back from the collection. Omega

Each model is a callback to myriad design features on past Omega models. That two-hand dial, for one, comes from the 1948 Centenary (the brand’s first chronometer-certified automatic wristwatch), while the pie-pan dial (seen in various blue, green, and golden hues throughout the line) and that Constellation medallion caseback both appear on watches from 1952. The star adorning the space above 6 o’clock also harks back to 1950s timepieces from Omega. And to finish off the look, you can opt for alligator straps in a variety of colours, or perhaps a gold iteration to match the precious-metal models; the brick-like pattern on the 18-karat Moonshine bracelet was also inspired by Omega watches from the ’50s.

We’ll have to keep our eyes peeled for any other Constellation Observatory timepieces (or any other unreleased models from the brand) at the rest of the star-studded events headed our way this year—perhaps the Met Gala?

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Best Combustion Supercar: Ferrari 12Cilindri Spider

A modern classic in the making, combining naturally aspirated power with elegant restraint to deliver performance that feels as refined as it is visceral.

By Vince Jackson 20/04/2026

In a year when carmakers of all persuasions sheepishly extended hyperbolic electric targets, it’s fitting that the monastic puritans of Maranello—who, lest we forget, won’t finally yield to the sin of battery power until October with the Elettrica—opted to make combustion their major power play.

As an uncertain future of AI omnipresence barrels towards us, the 12Cilindri—an analogue, open-topped tribute to Ferrari’s late-’60s/early-’70s grand tourer, the Daytona—represents a defiant fade into the past, a pause for breath, a fleeting return to The Good Times when nascent technology provoked excitement rather than existential dread.

Guiding this automotive nostalgia trip is, as the nomenclature suggests, a naturally aspirated 6.5-litre V12 engine, generating an unceasing wave of power as it sears towards the 9,500 rpm redline with relative nonchalance. That’s because the 12Cilindri is not a mouth-foaming attack-dog. It scales performance heights with the refinement of the finest Italian works of art; its “Bumpy Road” mode facilitates comfy al fresco GT cruising, and even the imperious powerplant is mannerly at most speeds.

For all the yesteryear romance, progressive technologies and engineering, such as a world-class 8-speed transmission, advanced electronic aids and independent four-wheel steering, are baked into the deal. The 12Cilindri’s clean, stark design somehow toggles between retro and modern; and while vaguely polarising, one can’t ignore its magnetic road presence.

In terms of aesthetics, Ferrari describes the 12Cilindri as being “ready for space”; in many ways, a fantasy vehicle that transports users to another dimension is probably what the world needs right now.

The Numbers

Engine: 6.5-litre V12

Power: 610kW

Torque: 678 Nm

Transmission: 8-speed dual-clutch auto

0-100 km/h: 2.95 seconds

Top speed: 340 km/h

Price: From $886,800

Photography by SONDR.
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Inside Loro Piana’s First Sydney Boutique

A first Australian address brings the Italian house’s textile-led approach to retail full circle.

By Horacio Silva 26/03/2026

On the fourth floor of Westfield Sydney, near the Castlereagh and Market Street entrance—in the space formerly occupied by Chanel—Loro Piana has opened its first Australian boutique. It is a significant address change for that corner of the mall, and a meaningful one for the Italian house, which has sourced Australian merino wool for decades but until now had no retail presence here.

The facade is understated—creamy, tactile, more about texture than theatre. Inside, the store unfolds across a single, expansive level divided into distinct men’s and women’s wings. The separation is clear without being heavy-handed: womenswear leads from soft accessories and leather goods into ready-to-wear, while menswear occupies its own assured territory, with tailoring and outerwear given proper breathing room. Footwear (supple loafers, luxurious slides, pared-back sneakers) is particularly strong, and the sunglasses are a quiet standout: mineral-toned frames with a disciplined elegance that feels entirely of the house.

That same restraint carries into the interiors, where the surfaces do much of the talking. Walls are wrapped in the company’s own linen and cashmere; carpets are custom, dense underfoot, softening the acoustics and the pace. Oak and carabottino wood add warmth without fuss; marble accents introduce a cool counterpoint. The effect is a composed space calibrated around material, proportion and restraint.

The Spring 2026 collection now in store underscores that sensibility. Silhouettes are elongated and fluid; cashmere, silk and featherweight merino move in sandy neutrals, creams and muddied earth tones, with flashes of marigold and pale turquoise breaking the calm. Tailoring is softly structured and projects confidence without aggression. Leather goods arrive in buttery skins that feel almost pre-lived, as though time has already worked its magic.

What distinguishes Loro Piana, particularly in a market that has grown noisier by the season, is its refusal to perform luxury in an obvious register. There are no oversized insignias telegraphing allegiance. Instead, the status is encoded in fibre count, in hand-feel, in how a coat hangs from the shoulder. It assumes the wearer knows and, crucially, does not need to announce it.

Sydney’s luxury landscape has matured in recent years; global houses no longer test the waters but commit to them. Yet Loro Piana’s arrival feels different. It is not trend-driven expansion but material logic. For a country whose sheep stations have long contributed to the house’s fabric story, this boutique reads almost as a thank-you note written in cashmere.

 

Photography: Courtesy of Loro Piana.

 

 

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This Stylish, Water-Resistant Dopp Kit Might Be the Last One You Ever Buy

Patricks’s limited-edition wash bag is designed to keep liquids in and out, so it can come along wherever your travels take you.

By Justin Fenner 11/03/2026

If all you’re going to do is look at it, a leather Dopp kit from a fashion house is a fine choice. But if you take travelling seriously—and do it often, for business, pleasure, or both—such a bag will inevitably end up blemished with droplets of water or stained by errant flecks of toothpaste. Get stuck with a cavalier team of baggage handlers, and it can even get soaked in your favourite fragrance or anti-ageing serum.

But Patricks, the high-performance Australian grooming brand stocked in Harrods and Bergdorf Goodman, has a solution. Its limited-edition bathroom bag, called BB1, is purpose-built to protect everything inside and out. Conceived by industrial designer George Cunningham with brand founder Patrick Kidd, the cuboid design is executed in a water-resistant recycled nylon you can rinse clean. It’s lined with a thin layer of shock-absorbing foam to safeguard your products, but if a bottle somehow gets cracked in transit, the two-way water-resistant zippers and sealed seams (which keep liquids from seeping in or out) ensure that whatever leaks won’t ruin your cashmere. Inside, two dual-sided zippered compartments are ideally sized to fit toothbrushes, razors, and other small essentials.

And though its clean lines and rugged construction make it undeniably masculine, its greatest feature is borrowed from women’s makeup bags. Like the best of these, BB1 unzips to lie flat, giving you unobstructed access to everything inside. Well, you and the 999 other gentlemen who move fast enough to snag one. $289

Courtesy of Patricks

1. Hanging Loop 

The G-hook system isn’t just a stylish handle: You can also use it to hang the bag from a hook or secure it to your carry-on.

2. Two-Way Zipper

The closures are water-resistant in both directions, meaning liquids won’t get in or out.

3. Fold-flat Construction

BB1 opens to 180 degrees, letting you scan its 4.2-litre capacity at a quick glance.

4. Technical-Fabric Shell

The durable recycled-nylon is easy to maintain and woven to survive splashes and leaks from your go-to products.

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You Can Now Place Bets on the Future Prices of Rolex Models

And which models will get discontinued next, thanks to a new collaboration between Kalshi and Bezel.

By Nicole Hoey 11/03/2026

You can bet on pretty much anything these days, from when Taylor Swift and Travis Kelce will get married to who will be the next James Bond—and now that includes the Rollies on your wrist, or on your wishlist.

Prediction market platform Kalshi, regulated in the U.S., and luxe watch marketplace Bezel have teamed up on a new platform called Watch Futures that allows users to splash down cash on where they think the prices of a particular luxe timepiece are going, whether that’s a Rolex Submariner or a coveted Patek Philippe, Time & Tide reported.

You can also place a wager on which models might be discontinued, as well as any future launches from the top watchmakers on the new platform; with Watches and Wonders coming up, it’s certainly a well-timed launch that could see a lot of activity as a slew of new releases are announced at the event.

Watch Futures is all based on Beztimate, Bezel’s system (once used only internally) to help it accurately calculate the market price of a timepiece. It draws data from real-time transactions, live bids, verified sales, and other market offers to spawn its own series of independent valuation models to establish a watch’s value. From there, it’s up to bettors to place their wagers, and then the platform will showcase any price fluctuations or other updates as time goes on.

This new platform could have some pretty large implications for the watch industry.  As any horological savant would know, the internet and collectors alike are constantly chattering about which models are on the way out or when a certain timepiece of the moment’s time in the limelight will fade, of course, having a large impact on the prices of said model. And now, a Watch Futures user can have a direct stake in where a model is headed—and if they own said timepiece, it can be a protection from dwindling values on the marketplace, say, if a user places a bet on their model losing value and that actually comes to fruition.

To see Watch Futures in real time (and scope out how some pieces in your collection are faring), you can use the Kalshi app or its website.

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