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Luxury

How does newly single Bill Gates spend his US$130 billion fortune? As divorce from Melinda is announced, here’s a look at the frugal Microsoft founder’s biggest splurges

STORYBusiness Insider
Bill Gates is going it alone after announcing his divorce from wife Melinda, so what next for the Microsoft billionaire? Photo: AFP
Bill Gates is going it alone after announcing his divorce from wife Melinda, so what next for the Microsoft billionaire? Photo: AFP
Millionaires and billionaires

  • Unlike Jeff Bezos and Elon Musk, Gates is a philanthropist who has invested millions in developing a Covid-19 vaccine and billions in education
  • From his Citizen Kane-inspired Washington mansion Xanadu 2.0 to his first Porsche 911, the tech billionaire hasn’t been afraid to treat himself over the years

ICYMI: Bill and Melinda Gates are ending their 27-year marriage.

The couple announced the news in a statement posted to Twitter on Monday, saying that while they plan to continue working together at the Bill & Melinda Gates Foundation, they no longer believe they can continue growing as a couple. 

Bill Gates might have more time alone to read, following the announcement of his divorce. Photo: @thisisbillgates/Instagram
Bill Gates might have more time alone to read, following the announcement of his divorce. Photo: @thisisbillgates/Instagram
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Gates, who co-founded Microsoft with Paul Allen in 1975, is today worth US$130.5 billion, according to Forbes. He’s one of only eight moguls worth over US$100 billion and is currently the fourth-richest person in the world
Despite a reputation for philanthropy and frugality, Gates, 65, has made some lavish purchases over the years: he owns a Washington estate worth US$127 million, a private aeroplane and a luxury car collection. More recently, he dropped US$43 million on a 5,800 sq ft home in Del Mar, California. But these indulgences make up only a fraction of his massive fortune, and Gates isn’t known to throw his money around.
Bill and Melinda Gates just announced the end of their marriage after 27 years. Photo: @thisisbillgates/Instagram
Bill and Melinda Gates just announced the end of their marriage after 27 years. Photo: @thisisbillgates/Instagram
In fact, the couple previously said it’s unfair that they’re so rich. Instead of spending billions on themselves, they often donate it to charity through the Bill & Melinda Gates Foundation. They’ve also pledged to give away most of their fortune through the Giving Pledge, which they launched in 2010.

Keep reading for a look at how the newly single Bill Gates spends his billions.

He was recently demoted down the wealth rankings

Happier days? Bill Gates smiles while being interviewed. Photo: AP
Happier days? Bill Gates smiles while being interviewed. Photo: AP
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