Bill Gates is now the king of his very own castle.
The Microsoft co-founder purchased the famous Castello di San Giorgio in Italy’s Liguria region for approximately $60 million, Il Secolo XIX first reported. According to the local newspaper, Gates bought the historic property through his Four Seasons real estate company, meaning there’s a chance that the tech billionaire turned hotelier could turn the building into a luxury resort.
The fortress-like structure was used for military defense during the Roman Times because of its elevated position; however, it was later abandoned, The Daily Mail reported. After a British diplomat scooped the place up some decades later, it was converted into the luxury villa seen today. Also known as Portofino Castle, the ancient European spread measures 12,917 square feet, and it even sports an elevator that will bring you directly down to the beach.
Portofino, which is perched on Italy’s northwest coast, has long been a popular hideaway for jet setters, entrepreneurs, and celebs. Fashion designers Domenico Dolce and Stefano Gabbana famously have villas there, while Leonardo DiCaprio, Jeff Bezos, and Jennifer Lopez have all visited the colorful fishing village, not to mention it’s where Kourtney Kardashian and Travis Barker got married at Villa Olivetta.
This isn’t the first time that Gates has added an Italian property to his impressive $170 million real estate portfolio. In 2021, Gates’s private equity firm, Cascade Investment, bought a majority stake in the Four Seasons Hotel chain from Saudi Prince al-Waleed bin Talal in a $2.2 billion deal. Four Seasons was subsequently awarded a contract for a new resort in Rome, located within a 17th-century palazzo right by St. Peter’s Basilica and the Spanish Steps, which will become the city’s first six-star hotel.
Source: Luxury - robbreport.com