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Bill Gates has amassed an extensive — and high value — real estate portfolio. Last year, the homes owned by Gates and his former wife, Melinda French Gates, racked up a $2.7 million property tax bill last year. That's more than 700 times as much as the average American pays in property taxes each year. Gates' highest property tax bill is in Washington state, where he has a 10.5-acre property in the tony Seattle suburb of Medina along Lake Washington. While high by most standards, Gates' property tax bill represents less than 0.01% of his $148 billion net worth — and a fraction of his total tax bill.
Persons: Bill Gates, Gates, , Melinda French Gates, French Gates, ProPublica Organizations: Service, Yellowstone Club Locations: French, Seattle, Washington, tony Seattle, Medina, Lake Washington, California, Del Mar, Florida, Wellington, Montana
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