WHERE DO THE RICHEST AMERICANS LIVE?
Have you checked the newest “Forbes 400: The Full List of The Richest People in America” yet?
Surprise, Bill Gates, with a net worth of $81 billion, is ranked No. 1 for the 23rd year running. Meanwhile, his friend Warren Buffett fell to third place for the first time in 15 years with a net worth of $65.5 billion.
Thanks to soaring stock prices of hot tech firms, CEOs at the helm of those companies seem to have been accumulating wealth at a much faster pace than others. Amazon.com CEO Jeff Bezos gained $20 billion to boost his net worth to $67 billion, making him the second-richest person in the U.S.
Facebook CEO Mark Zuckerberg jumped into fourth place, his highest rank ever, with a net worth of $55.5 billion. However, Oracle founder Larry Ellison landed at No. 5 for the first time since 2007. His net worth is $49.3 billion.
Standing on the No. 6 spot is former New York City Mayor Michael Bloomberg, CEO of the eponymous firm Bloomberg L.P., who has a net worth of $45 billion.
Here, take a look at the residences the six richest moguls call home:
1. Bill Gates Worth: $81 billion Home: Medina, Washington
Mr. Gates, 60, spends most of his time at his 66,000-square-foot Medina, Washington, mansion, nicknamed Xanadu 2.0 after the title character’s estate in Citizen Kane. The mansion overlooks Lake Washington. It took Mr. Gates seven years and $63.2 million to build this house, which is filled with lots of high-tech features. He purchased the lot for $2 million in 1988, but it’s now worth an estimated $170 million, according to public records.
2. Jeff Bezos Worth: $67 billion Home: Medina, Washington
His home at Medina, Washington, close to Amazon’s headquarters, boasts 5.35 acres and about 29,000 square-foot of living space. Aside from the main home, there’s also a caretaker’s cottage and a 4,500-square-foot boathouse on Lake Washington.
3. Warren Buffett Worth: $65.5 billion Home: Omaha, Nebraska
Although the shrewdest investor on earth holds multiple real estate investments, Mr. Buffett, 86, is known for living humbly.
His home sits on a corner in Omaha, Nebraska, which he bought in 1958 for $31,500. Mr. Buffett has lived there ever since. The house, originally built in 1921, underwent several expansions to make it a cozy and comfortable 6,500-square-foot home for the man who has a net worth of over $65.5 billion.
4. Mark Zuckerberg Worth: $55.5 billion Home: Palo Alto, California
Mr. Zuckerberg, 32, purchased his first Craftsman-style 5,000-square-foot home in Palo Alto in 2011 for $7 million. He snapped up four of the houses surrounding his home in the following years for about $43.8 million to better keep his privacy. But his plan to tear down and rebuild those four homes has been stalled.
5. Larry Ellison Worth: $49.3 billion Home: Woodside, California
Oracle executive chairman Larry Ellison, 72, has an extensive real estate portfolio. He has bought up large parts of whole neighborhoods in Malibu and around Lake Tahoe. He owns a $70-million Beechwood Mansion in Newport, Rhode Island; a garden villa in Kyoto, Japan; and 98% of the land of Lanai, Hawaii’s sixth-largest island, which he purchased in 2012 for $500 million, according to published reports.
His estate in Woodside, California, with an estimated value of $110 million, is modeled after 16th-century Japanese architecture, complete with a man-made 2.3-acre lake.
6. Michael Bloomberg Worth: $45 billion Home: Manhattan, New York
Mr. Bloomberg’s townhouse, located at 17 East 79th St., spans five stories with a limestone exterior. During his three terms as mayor, Mr. Bloomberg lived in the townhouse instead of Gracie Mansion. However, he apparently has a plan to turn it into a mega-mansion. Since 1989, he has been gradually buying up units at 19 East 79th St., the townhouse co-op that’s right next door to his current residence. Out of the six units in the white 1880 Greek-revival-style building, Bloomberg now owns five of them, according to The New York Observer.