Bill and Melinda Gates' daughter, Jennifer, is living in $51 MILLION Manhattan penthouse once owned by F1 star Lewis Hamilton - despite billionaire vowing to give away his wealth to avoid 'distorting' his kids

Bill and Melinda Gates' 26-year-old daughter has moved into a $51million six-bedroom penthouse in Manhattan with her new husband - despite her dad pledging to give away his wealth to avoid 'distorting' his children.

Jennifer Gates, the eldest daughter of Bill and his ex-wife Melinda, is living in the Tribeca home after it was purchased last month by a Seattle-based trust linked to Gates, the New York Post reported.

The 8,900-square-foot apartment, which has 3,400 square feet of outdoor space, was previously owned by Lewis Hamilton and is the largest in a starry luxury apartment building at 443 Greenwich Street. Hamilton sold it in 2021 after four years of ownership but never even moved in. It sold for slightly more than its $49.5 million list price.

The three-level penthouse has six bedrooms, six baths, two powder rooms, 20-foot-high ceilings, multiple terraces and two parking spaces.

It has its own elevator and on the top level dual terraces flank an additional penthouse living room with floor to ceiling windows, according to an old property listing.

Jennifer moved into her ritzy new pad despite previous proclamations from her parents about giving the vast majority of their billions away, to avoid spoiling their children and ensure they have a good worth ethic.

(Earlier in February it was reported that Jennifer Lawrence sold her apartment in 443 Greenwich for $9.75million)

(Gates (left) married Olympic Egyptian equestrian Nayel Nassar (right), 32, in October 2021 at her $16million horse farm)

(The 8,900-square-foot apartment has a 3,400 square foot terrace which includes an outdoor bar and a plunge pool)

Bill previously announced that he was more interested in getting his children an education so they can make their own way in life. He vowed to give each of them a small amount of cash, before passing the rest onto his eponymous foundation.

Gates said: 'Our kids will receive a great education and some money, so they are never going to be poorly off, but they'll go out and have their own career.

'It's not a favor to kids to have them have huge sums of wealth. It distorts anything they might do, creating their own path.'

The apartment's main terrace overlooks northwest Tribeca and the Hudson River and has its own outdoor swimming pool. Other celebrities to have lived in the building include Jennifer Lawrence, Justin Timberlake, Ryan Reynolds, Harry Styles, Jake Gyllenhaal and the Weeknd.

(The apartment was previously owned by Lewis Hamilton and is the largest in a luxury apartment building at 443 Greenwich St)

(The three-level penthouse has six bedrooms, six baths, two powder rooms and 20-foot-high ceilings)

The building on 443 Greenwich Street includes a 70-foot indoor swimming pool and Turkish baths as well as a 5,000 square-foot communal roof terrace, in case Gates gets bored of her own.

Her move into the new penthouse coincides with her $5million Fifth Avenue apartment going up for sale via the same Seattle trust and comes after she married Olympic Egyptian equestrian Nayel Nassar, 32, in October 2021.

The wedding took place at her $16million horse farm in Westchester, which she received as a gift after graduating from Stanford University.

Racing star Lewis Hamilton sold the apartment in December 2021 for $49.5million, the Post reported at the time. It was the biggest downtown apartment sale of the year.

It was purchased from Hamilton by a different Seattle trust. It is not known if there is any connection between that trust and the Seattle trust linked to Gates that recently acquired the property.

The apartment was the British F1 legend's second downtown penthouse, as he also owned one at nearby 70 Vestry Street, which he bought in 2019 for $40.7million.

Earlier in February it was reported that Jennifer Lawrence sold her apartment in 443 Greenwich for $9.75million, the Real Deal reported.

The seven-story building was built between 1883 and 1884 and was originally a warehouse.

Developer Metro Loft converted the building into luxury condos and launched sales in 2017.

(The apartment's main terrace overlooks northwest Tribeca and the Hudson River and has its own outdoor swimming pool)

(Clebrities to have lived in the building include Jennifer Lawrence, Justin Timberlake, Ryan Reynolds and Jake Gyllenhaal)

(The building on 443 Greenwich Street includes a 70-foot indoor swimming pool and Turkish baths with locker rooms)

(Gates' move into the new penthouse coincides with her $5million Fifth Avenue going up for sale)

(The top floor of the three-level penthouse has nearly 3,500 of outdoor space and floor to ceiling windows)

(Jennifer Gates, 26, the eldest daughter of Bill and his ex-wife Melinda, is living in a $51million Manhattan penthouse)

(Gates and Nayel Nassar married there in 2021. It was attended by both Bill and Melinda, who had divorced shortly prior)

(A $16million horse farm in North Salem was gifted to Gates after she graduated from Stanford University)

Ref: Bill and Melinda Gates' daughter, Jennifer, is living in $51 MILLION Manhattan penthouse once owned by F1 star Lewis Hamilton - despite billionaire vowing to give away his wealth to avoid 'distorting' his kids (dailymail)