Bill Gates's House
Wellington, FL
The Story
Bill Gates co-founded Microsoft in 1975 and was its chief executive until 2000. He has worked since mainly through the philanthropic foundation he and Melinda French Gates set up that same year.
Everglades wetland until 1951, when the accountant Charles Oliver Wellington began assembling about 18,000 acres. Florida chartered a drainage district in 1953, and the dried muck grew citrus and strawberries by the thousand acres.
Polo money arrived in 1977 and never left. More than 580 farms now work the drained ground, and over 100 miles of public bridle trails run between them.
The Palm Beach County Property Appraiser assesses this as 3 platted lots run together, with the house dated to 2010. The parcel carries Florida's agricultural classification for equestrian use, so it is taxed as a farm.
Gates bought the place in 2013, after the family had rented this same house for a season while his daughter competed. Jennifer Gates was a teenage show jumper then.
He did not stop there. Benzinga counted about 18 acres and roughly $38M by 2016, leaving a single owner holding every lot on a dead-end street.
Wellington's council wrote the horses into law in 2003 with an equestrian overlay district, covering a 9,000-acre preserve across the village's western and southern ends.
The Facts
- Bedrooms
- 4
- Bathrooms
- 5
- Interior
- 4,470 ft²
- Est. value
- $7,200,000
- Last sold
- $8,700,000in 2013
Address
Wellington, FL
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Sources
- Wikipedia
- Acme Improvement District, Village of Wellington, District History
- Village of Wellington, About the Equestrian Community
- Village of Wellington, Equestrian Overlay Zoning District FAQ
- Palm Beach County Property Appraiser, property record
- Horse Nation
- Benzinga, via Yahoo Finance
- World Property Journal