Bill Gates is worth $95 billion and he plans to give most of it away — here's how he spends...

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  • Bill Gates, the world's second-richest person, has an estimated net worth of $94.8 billion , according to Forbes.
  • While he indulges in a few luxuries, they make up only a fraction of his fortune.
  • He mainly spends his billions on charity through the Bill and Melinda Gates Foundation, and plans to give away most of his fortune.

Bill Gates, the cofounder of Microsoft, is the world's second-richest person, sitting on an estimated net worth of about $95 billion , according to Forbes.

It's hard to imagine what to do with that amount of money, but Gates knows how to make the most of it. While he has some indulgences — like a Washington estate worth $125 million , a private airplane, and a luxury-car collection — they make up only a fraction of his massive fortune.

He and wife, Melinda,previously said it's unfair they're so rich. Instead of spending billions on themselves, they often donate it to charity through the Bill and Melinda Gates Foundation. They've also pledged to give away most of their fortune through theGiving Pledge, which they launched in 2010.

See how Gates spends his billions.

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Bill Gates, the cofounder of Microsoft, has an estimated net worth of about $95 billion, making him the world's second-richest person.

Chip Somodevilla/Getty Images

Source: Forbes

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If he spent $1 million a day, it would take him more than 245 years to spend his fortune. Here's how he spends his money.

YURI GRIPAS/Reuters

Source: Business Insider

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Gates has invested in a variety of stocks and assets and launched a $1 billion investment fund, Breakthrough Energy, with 20 others.

Jamie McCarthy/Getty Images for Bill & Melinda Gates Foundation)

Source: Forbes

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Despite his massive fortune, Gates previously told Ellen DeGeneres that when he became a billionaire at age 31 (history's youngest billionaire at the time), he didn't go on a spending spree.

Bill Gates on "Ellen."
NBC

Source:Business Insider

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But he has indulged in things over time, he said, like a private plane.

Scott Olson/Getty Images

Source:Business Insider

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It's been reported that Gates owns a Bombardier BD-700 Global Express, which costs $40 million and can seat up to 19 people.

Not Bill Gates' personal plane.
Wikipedia

Source:Business Insider

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Gates also spent a lot on his estate, Xanadu 2.0, in Medina, Washington. It took him seven years and $63 million to build. He purchased the lot for $2 million in 1988.

Reuters

Source:Business Insider

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At 66,000 square feet, his home is worth about $125 million today.

Dan Callister / Getty Images

Source:Business Insider

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In 2017, he paid $1,041,292.55 in property taxes on it, according to public filings.

AP Photo/Ted S. Warren, Pool

Source: Business Insider

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The estate has a trampoline room, which Gates told DeGeneres his three kids love.

Shutterstock Rex for EEM

Source:Business Insider

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There's roughly $80,000 worth of computer screens sitting around the house.

Lucas Jackson/AP Images

Source: Business Insider

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Devices worth $150,000 can display different paintings or photographs on the screens at a single touch.

WorldEconomicForum/Wikimedia Commons, GoogleCulturalInstitute/Wikimedia Commons

Source: Business Insider

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However, there are real paintings on the wall as well — like the Winslow Homer painting Gates purchased for $36 million in 1988.

P. S. Burton / Wikimedia Commons

Source: Business Insider

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There's also a 60-foot pool — in its own separate, 3,900 square-foot building.

jeffwilcox / Flickr

Source:Business Insider

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That's not to mention the 2,100-square-foot library, home to a 16th-century Leonardo da Vinci manuscript that Gates bought at auction for $30 million in 1994.

Image Courtesy ©bgC3

Source:Business Insider

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Gates reportedly pays to have sand imported from St. Lucia in the Caribbean to the shore surrounding his house.

Shutterstock/Jackie Smithson

Source:Business Insider

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In addition to a home theater for 20 guests, six kitchens, and 24 bathrooms, Gates' house has various garages for 23 cars.

Google Maps

Source:Business Insider

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It's perfect for Gates, an avid luxury-car collector. His first big splurge after founding Microsoft was a Porsche 911 supercar, he told DeGeneres. He later sold it, and it was auctioned for $80,000.

H&H Classics

Source: Business Insider

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But that wasn't Gates' last Porsche. He also has a Porsche 959 in his car collection.

Not Gates' personal car.
Wikimedia Commons

Source:Business Insider

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Outside of his Washington pad, Gates also has a 4.5-acre vacation ranch in Wellington, Florida, with a 12,864-square-foot mansion.

Zillow

Source: Business Insider

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He reportedly dropped $27 million to buy a whole string of properties in the area.

Knumina Studios/Shutterstock

Source: Business Insider

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The area is hotspot for wealthy equestrians. His daughter Jennifer is an accomplished equestrian, and he bought the property to support her passion.

Nati Harnik/AP Images

Source:Business Insider

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In California, he owns the 228-acre Rancho Paseana, which he purchased for $18 million. It includes a racetrack, orchard, and five barns.

Facebook, Hilton & Hyland

Source:Business Insider

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He also reportedly purchased a 492-acre Wyoming ranch, which listed for $8.9 million back in 2009.

LEOCHEN66/Shutterstock

Source:Business Insider

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But Gates' real-estate portfolio doesn't end there.

Scott Olson / Getty Images

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He's made numerous investments through his personal investment firm, Cascade, including partial ownership of Charles Hotel in Cambridge, Massachusetts.

Facebook.com/CharlesHotel

Source:Business Insider

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He reportedly owns nearly half of the Four Season Holding's hotel chain through Cascade, including hotels in Atlanta and Houston.

Facebook.com/FourSeasonsHotelAtlanta

Source: Wall Street Journal

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Gates shares 95% ownership with Prince Alwaleed bin Talal of Saudi Arabia.

KEVORK DJANSEZIAN/AP Images

Source: Wall Street Journal

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In 2013, Gates and several unnamed buyers paid $161 million for the Ritz-Carlton in San Francisco. As of 2014, it was reportedly worth $200 million.

Facebook.com/ritzcarltonsanfrancisco

Source: Wall Street Journal

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When he's not busy buying real estate or working, Gates needs a vacation or two to unwind.

Bill Gates/Facebook

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He's traveled to Australia and Croatia....

Dreamer4787/Shutterstock

Source: Travel + Leisure , Forbes

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....and Belize and the Amazon in Brazil.

Aleksandar Todorovic/Shutterstock

Source: Travel + Leisure , Forbes

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He's also treated his family to a Mediterranean vacation on board the 439-foot superyacht Serene, which he chartered for $5 million a week. It included a helicopter.

The superyacht Serene is pictured at Auckland's Wynyard Wharf in Auckland, New Zealand.
Phil Walter/Getty Images

Source: The Daily Mail

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He previously said that he likes to play tennis and go skiing. He's also been spotted spectating at tennis matches.

Bill Gates/Facebook

Source: The Telegraph

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But Gates' downtime isn't always so adventurous. He's an avid reader, having indulged in quite the book collection.

Bill Gates/Facebook

Source: Business Insider

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He's also an "avid bridge player," as he once told Reddit.

Carlos Barria/Reuters

Source: Business Insider

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Gates hates to shop for himself, but did admit that he likes to "buy nice things" for his wife, Melinda.

Justin Sullivan/Getty Images

Source: CNBC

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However, he once told Reddit that he doesn't like overspending on clothes and jewelry.

Afolabi Sotunde / Reuters

Source: CNBC

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But Gates' splurges are only a fraction of his massive fortune. He previously told The Telegraph, "I have no use for money." Instead, he often donates to or invests his money in good causes.

John Lamparski/Getty Images

Source: The Telegraph

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Gates previously invested in Amyris, a synthetic-biology company that originally produced precursors to malaria drugs and hydrocarbon-based biofuel. Today, it focuses on health through fragrances, skincare, and sweetener.

Yana Paskova/Getty Images

Source: Business Insider

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In November 2017, Gates invested $50 million into Alzheimer's research.

Yana Paskova/Getty Images

Source:Business Insider

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He continued these efforts by recently investing $30 million with a group of investors into the Diagnostics Accelerator, a "venture philanthropy" fund to diagnose Alzheimer's earlier.

REUTERS/Brendan McDermid

Source:Business Insider

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Gates and Melinda are huge on philanthropy. They were recently named the most generous philanthropists in the US by The Chronicle of Philanthropy, having donated more than $36 billion to charitable causes through the Bill and Melinda Gates Foundation.

Jamie McCarthy/Getty Images

Source:Business Insider

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Gates agreed to give away most of his fortune through the Giving Pledge, which he launched in 2010.

Bill Gates/Facebook

Source:Business Insider

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The Gateses spent money traveling to Tanzania and other countries for charity work.

Bill Gates/Facebook

Source: Travel + Leisure

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In 2017, they donated $4.78 billion, mostly to projects run by the Bill and Melinda Gates Foundation.

Bill Gates/Facebook

Source:Business Insider

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They donated more than $2 billion in 2016 to causes related to global health and development and US education.

Bill Gates/Facebook

Source:Business Insider

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They've pledged about $2 billion to defeat malaria, donated more than $50 million to fight Ebola, and pledged $38 million to a Japanese pharmaceutical company working to create a low-cost polio vaccine.

Bill Gates/Facebook

Source:Business Insider

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The Gates Foundation has also committed at least $2.5 billion to the GAVI Alliance, which works to improve access to vaccines in poor countries.

Bill Gates/Facebook

Source:Business Insider

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Bill and Melinda also prioritize education. The Gates Foundation established the Gates Millennium Scholars Program, which has received $1.6 billion.

Justin Sullivan/Getty Images

Source:Business Insider

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It also partnered with the Dangote Foundation in 2016 to spend $100 million on eliminating malnutrition in Nigeria.

Bill Gates/Facebook

Source:Business Insider

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When it comes to the future of his fortune, Gates is leaving $10 million to each of his children, a fraction of his net worth.

Bill Gates/Facebook

Source:Business Insider

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