Real Estate Investor Magazine South Africa September/ October 2019 | Page 13

BILL GATES
IMAGE: BILL GATES Washington mansion.
Gates, together with a group of other undisclosed investors,
paid $161 million to acquire the Ritz-Carlton hotel in San
Francisco. As of 2018 the hotel had gained value to reach $200
million, according to the Wall Street Journal. Besides the hotel
business, Mr. Gates, together with 20 other investors, launched
a $1 billion fund dubbed Breakthrough Energy.
Gates, together with a group of other undisclosed investors,
paid $161 million to acquire the Ritz-Carlton hotel in San
Francisco. As of 2018 the hotel had gained value to reach $200
million, according to the Wall Street Journal. Besides the hotel
business, Mr. Gates, together with 20 other investors, launched
a $1 billion fund dubbed Breakthrough Energy.
SOURCES Business Insider; Investopedia; Microsoft;
nreionline
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SA Real Estate Investor Magazine SEPTEMBER/OCTOBER 2019
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