Bill Gates Bought His Daughter A $16 Million Horse Farm As A Graduation Gift — But Ex-Wife Melinda Says The Kids Were Raised Very 'Middle Class'
Bill Gates Bought His Daughter A $16 Million Horse Farm As A Graduation Gift — But Ex-Wife Melinda Says The Kids Were Raised Very 'Middle Class'
If your dad is Bill Gates, you're probably not getting a Starbucks gift card for graduating college. In 2018, Jennifer Gates walked off the Stanford stage and onto a 124-acre, $15.82 million horse farm in North Salem, New York. According to ...
If your dad is Bill Gates, you're probably not getting a Starbucks gift card for graduating college.
In 2018, Jennifer Gates walked off the Stanford stage and onto a 124-acre, $15.82 million horse farm in North Salem, New York. According to Architectural Digest, the lavish estate was a graduation gift from her billionaire parents—and came complete with rolling pastures, three parcels of land, and proximity to New York City for her future studies.
But in case that sounds too much like the plot of "Succession: Equestrian Edition," Melinda Gates would like to remind everyone: their kids were absolutely raised "middle class."
A graduation gift worth more than most people will earn over an entire career.
She's that bored.
All I got was a beer
At least he's relatively philanthropic, Mush and Bezilbub don't even try to make other peoples lives better.
Being a billionaire in a world where most people don't even early 50k annually is objectively immoral.
posting from Yahoo Finance eh
if you are seeing Yahoo Finance in your feed i bet there isn't a single word of truth in the whole scroll
In 2018, Bill Gates' net worth was approximately $90 billion. His estimated income was around $12 billion, according to estimates from Business Insider.
In 2018, the median net worth of an American household was $101,800. I chose median cause these billionaires drastically skew the mean. The median household income was $63,179.
If an average American household gave the same scale of gift in 2018, based on household income, the gift would be $83.29, and based on net worth, it'd be $17.89.
My sister and husband were confused when I said its sad Microsoft owns Xbox, one of our favorite past times. And it because of shit like this. Tax the fuckers, tax them one cent I dare u.
I worry more about the actual rent-seeking oligarchy in my part of the world running for political positions in next month's elections, purely for feudalistic reasons.
These rich people are so disconnected from the actual reality that the rest of us live in that it's not funny. And to make matters worse, a lot of these rich people see themselves as visionaries and leaders. Imagine that, blind visionaries. And to make matters even worse than that, a lot of people worship these 'visionaries' that can't even picture what life is like without billions of dollars, as if they have all the answers.
I suppose, to her, having millions of dollars is soooo far away from her life that she has to look at it with binoculars and think that it should be middle-class.
I want to be this middle class...
To be fair, out of all the billionaires they at least have made attempts to not make their kids shiteheads which is in stark contrast to most billionaires. At one point in time at least, they were only leaving $10m to each child, with plans to donate everything else.
Is that enough to live better than 99.99% of us? Absolutely. But it's also not: I can do whatever I want and buy whatever I want and never have to think about money again.
How do you raise a child “middle class in this house:
Bill Gates designed and owns a 66,000-square-foot (6,100 m2) mansion that is on Lake Washington in Medina, Washington.In 2009, property taxes were reported to be US$1.063 million on a total assessed value of US$147.5 million.
The house features an estate-wide server system, a 60-foot (18 m) swimming pool with an underwater music system, a 2,500-square-foot (230 m2) gym, and a 1,000-square-foot (93 m2) dining room. There are six kitchens and 24 bathrooms, ten of which contain bathtubs.
The problem is that the working poor and the billionaires all think they are middle class. Because poor is for non-whites.
Middle finger class.
What could a horse ranch cost? $10?
To be fair, by the time you graduate from college, you've already been raised.
Everyone in the US is middle class. You can be upper middle class or lower middle class, but you can never not be middle class.
and gates has to reinvent his image with his "charity work" he still a ruthless businessman, and countries complained about his vaccine requirements as well.
But Daaaaaaaad, all the other kids are getting a horse farm!
I only got a £2 million pony farm for my 18th, and I was raised working class so this makes sense...
$16 Million Horse Farm and middle class income. Can he drop the farm to some random person from middle class so we can compare the outcomes ?
So, Bill (after the divorce) buys the ranch as a gift, but the headline circles it back to a unsourced Melinda quote ON YAHOO FINANCE! This is another obfuscating hatchet job to whitewash billionaire behaviour by media owned by said billionaires. Please don't engage. This is non-news. Down vote this to the sewer where it belongs.
Its middle class, how much do they need to spend on graduation? 1mil? Yeah, we'll go 16mil and be the most middle class.
Akshually. Depending on which definition you use they are middle class. The original meaning of middle class is the wealthy who don’t hold a title. They sit below the aristocracy aka upperclass, and above the peasantry aka the working class. The middle class is also called the bourgeoisie.
They ate cereal for dinner one night per week. Super middle class. /s
He's such a philantropist
Why TF would you put in a pool that is 7 m shorter than Olympic sized? There's a reason they are 25 m. It makes it much easier to determine your daily workout.Ok.
She is a commoner. How else could she raise her kids?
