Bill Gates Drops $8.7 Million on Florida Estate

Bill Gates, the mastermind behind tech giant 'Microsoft,' has reportedly dropped $8.7 million on a plush residence in Wellington, Florida. Gates always lived in rented homes whenever he and his family went on vacation there. However, he has now become a landlord there, according to gossipextra.com.

Gates and his family rented the house for two winters, shelling out a total estimated rent of $1.1 million. Apparently, Gates' daughter is training to be a horse-rider and considering the amount of time they will spend in the equestrian village, they had to buy a house there, reports the Real Estalker.

Listing records of the home state that the residence is a 7234 square feet spread, sitting on a five acre lot. The main home has four bedrooms and four bathrooms. Interiors of the home feature an open-floor plan.

Living spaces include a foyer featuring a grand staircase, a formal drawing room, a dining area, a reception hall, an office, a library and a recreation room. Outside, the home has a large infinity pool, a barn and a built-in barbecue on the patio. It also has a Y-shaped canal dotted with trees along its banks.

Check out the photos of the home, here.

Gates will now be neighbors with NYC Mayor Michael Bloomberg, Frank McCourt and banker, Sulhail Rizvi.

The philanthropic tech magnate doesn't own too many properties. His primary residence is in Seattle, which is a pretty massive estate. That home is fitted with high tech and modern fixtures with state-of-the-art amenities. Check the estate, here.

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