After billionaire Bill Gates recently put his daughter’s New York City condo up for sale and said he was willing to take the losses, some on social media raised an eyebrow. In order to provide his daughter, Jennifer Gates, with housing after graduating from Stanford University, the co-founder of Microsoft purchased the property.
The condo at 1212 Fifth Avenue cost the millionaire $5 million in 2018. It is currently for sale, with a $4.75 million asking price. His daughter is getting ready to give birth to the first kid she will have with Nayel Nassar. It seems reasonable that Gates chose to sell the property since she no longer resides there.
The home of Bill Gates’ daughter is being sold.
For his daughter Jennifer Gates, the multibillionaire Bill Gates paid $5 million in May 2018 to purchase a luxurious condo in New York City. She simply needed somewhere to stay after graduating from Stanford University, and that was the only reason for the house.
However, since his daughter wed Nayel Nassar in October 2021 and the two are currently expecting their first child, it appears that the house is insufficient for her family. Her father is not too concerned about the loss as the house is now offered for $4.75 million.
The apartment is in New York City.
The residence at 1212 Fifth Ave. is over 2,400 square feet. The property has three bedrooms, vaulted ceilings, and enormous windows that let in a lot of natural light. The view, which views out over Central Park, is extremely lovely.
The building has a number of amenities, including a lobby that is always handled by a concierge, a live-in resident manager, a fitness facility that is 2,600 square feet in size, a residents’ lounge, and even a kids’ playground. It’s pretty shocking that the co-founder of Microsoft chose to sell off this opulent home in the middle of New York City.
Bill Gates is about to retire.
Bill Gates announced this week that he will ultimately retire from his blog. He clarified that he doesn’t particularly care about his position on the list of the world’s richest people and even has plans to “get off” of it. He noted:
“In October, I turned 67. In America, the majority of individuals my age are in retirement, so it’s hard to think I’m that old! However, I don’t care where I come from on the list of richest individuals in the world. I am aware that as I become successful in donating, I will go off the list completely.
The tech magnate said that he was thrilled to become a grandfather. Added he,
I just began viewing the world through a new perspective after learning that I will become a grandfather next year from my elder daughter.
I get emotional just penning the words “I’ll become a grandfather next year.” And the idea provides my work with a fresh perspective. I’m more motivated than ever to do all in my power to ensure that everyone’s children and grandkids have a chance to live and flourish when I consider the world that my granddaughter will be born into.
In October 2021, his daughter wed Nayel Nassar; she is due to give birth to a girl in a few weeks.
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