Latest news with #Xanadu2.0
India.com
7 hours ago
- Business
- India.com
Price Rs 11239254000, this luxurious home situated near lake is very close to billionaire Bill Gates heart due to..., its name is...
Rs 11239254000: Cost of Bill Gates' lake shore mansion, it is in... Former Microsoft co founder Bill Gates is known for his philanthropic style of living. Larger than life is the philosophy which Gates believe in. Hence, even at age 70, Bill Gates isn't the least bit interested in downsizing or renovating his famous Lake Washington mansion, Xanadu 2.0. Despite being divorced and without kids at home, the Microsoft co-founder says he feels a deep emotional connection to the home he spent years building. Bill Gates does not consider this lake mansion as just a royal house, but sees it as a private place filled with old memories, technological innovations of that time and family heritage. That is why he does not want to make even the slightest change in this mansion. Leave alone reducing its size, he is not even interested in changing its interiors. What is the valuation of the mansion? Valued at over $130 million, the 66,000 square foot luxury housing property perfectly reflects Gates' lifestyle, his values and his desire for a relaxed and comfortable life combined with his love, affection and love for nature and some privacy. In an interview with The Times UK, he revealed that her children still return often, making this place their central family space. His choice reflects her inclination towards minimalism, offering a different vision of modern luxury. How much has Bill Gates spent on transforming the house? Purchased in 1988 for just $2 million, Gates spent an estimated $63 million over seven years transforming the house into a technological and architectural marvel. Today, Xanadu 2.0 is worth more than $130 million. Spread across 66,000 square feet, this sprawling home is not just huge; it is an ultimate experience of peace, tranquility and seamless digital integration. Built on a hill, this estate is a stunning design made for the elite on earth. The mansion also features a swimming pool and a 2,500 square foot fitness center with a sauna, steam room and a 20-foot trampoline room. A 2,300-square-foot reception hall that seats 200 guests, including a 22-foot video screen. A 2,100-square-foot private library that houses the $30.8 million Codex Leicester by Leonardo da Vinci.
India.com
2 days ago
- Business
- India.com
Rs 11239254000 mansion situated near Lake Washington is most precious for Microsoft founder Bill Gates due to...
(File) Microsoft founder Bill Gates, one of the richest men in the world, is known for his charity and simplistic lifestyle, and has donated a major portion of his wealth to charitable causes. However, there is one property he cherishes more than anything– Xanadu 2.0, Bill Gates' lakefront mansion home on Lake Washington– which he refuses to sell or downsize under any circumstances. Here's why. Why Bill Gates cherishes Xanadu 2.0? In multiple interviews, Bill Gates has revealed that he doesn't consider lakefront mansion as a just a house, but a private space full of old memories, technological innovations of that time and family heritage. The 69-year-old Microsoft co-founder says he feels a deep emotional connection to the house he spent years building, even though he is divorced and does not have any kids at home. Gates revealed that he isn't the least bit interested in downsizing or renovating the Xanadu 2.0 mansion, and even upgrading its interiors, because of what the famous mansion means to him at a personal level. The tech billionaire also revealed that his kids would often visit the lakefront mansion, making it a central family space. How much the Xanadu 2.0 worth? According to details, Bill Gates purchased the property for $2 million in 1988, and spent about $63 million over seven years to transform the house into a technological and architectural marvel. Currently, the Xanadu 2.0 is estimated to be worth over $130 million. The ultra luxurious estate, built on a hill, is spread over 66,000 square feet, and exemplifies Gates' lifestyle, values. and desire for privacy in a relaxed atmosphere surrounded by family and nature. The sprawling mansion features a swimming pool and a 2,500 square foot fitness center with a sauna, steam room and a 20-foot trampoline room.
Yahoo
20-03-2025
- Business
- Yahoo
Bill Gates reveals why he can't bear to part with his sprawling $130 million mansion: 'That is a luxury'
In a surprising statement, Bill Gates stated that he doesn't intend to part with his 66,000-square-foot mansion, despite living alone. Gates named his mansion "Xanadu 2.0" in reference to the movie Citizen Kane. With six kitchens, a 60-foot pool, and 24 bathrooms, it's the definition of excess. He originally bought it for $2 million in 1988, and then spent about $63 million on its unique amenities. Today, the property is worth over $130 million. "My house in Seattle, I admit, is gigantic," the billionaire told The Times in an interview shared by the New York Post. However, he has made no plans to move. According to him, while his sisters have downsized, he can't because he "likes the houses that [he has]." His decision to keep the mansion may not be all for investment reasons. Gates' kids like to visit, of which he said, "That is a luxury." Gates is one of the richest people in the world. But his fame extends to his advocacy for sustainability, combating rising global temperatures, and promoting environmental responsibility. Some of his notable work includes Breakthrough Energy Ventures, TerraPower, WASH Program, and Gates Ag One. Breakthrough Energy Ventures funds startups working on reducing planet-warming gas emissions across industries. TerraPower focuses on nuclear energy as a clean energy solution. The Water, Sanitation & Hygiene (WASH) program creates sanitation solutions in low-income countries. Gates Ag One, meanwhile, helps farmers adapt to a warming climate. Through Breakthrough Energy Ventures alone, Gates has helped grant $2 billion to at least 100 companies, while his Gates Foundation has invested over $5 billion since 2006. Due to his dedication to pushing forward sustainability efforts, his choice to keep his massive abode is surprising. Due to their tedious upkeep, luxury houses like Gates' Washington home generate 25% more planet-warming gases than the average low-income households, according to a study published in the Proceedings of the National Academy of Sciences, shared by CNN. Do you think billionaires spend their money wisely? Definitely No way Some do Most do Click your choice to see results and speak your mind. And wealth correlates with higher household energy consumption. The town of Atherton in California, known for its luxury residences, has an annual energy consumption triple the state average, as the San Francisco Chronicle reported. While Gates has invested billions in sustainability, his own lifestyle (which includes a massive estate and multiple private jets) seems to contradict his message. This contrast raises discussions on whether sustainability efforts should extend to personal lifestyle choices. Join our free newsletter for easy tips to save more and waste less, and don't miss this cool list of easy ways to help yourself while helping the planet.
