Foreign Property News | Posted by Aye Myat Thu
Bill and Melinda Gates’ daughter, Jennifer, has recently made a major purchase - a $76 million penthouse in New York.
The 826-square-metre pad has plenty of outdoor space and even boasts a plunge pool.
The massive price tag raised some eyebrows after the Microsoft mogul previously stated he planned to leave just US$10 million ($13 million) to each of his kids - a relatively paltry inheritance.
However, it may have been Jennifer’s husband, Nayel Nassar who was able to fork out for the penthouse since he comes from his own uber-wealthy family.
(The expansive penthouse is located in New York. (Source: CetraRuddy))
(The home even comes with a plunge pool on the upper floor. (Source: Nick Gavin Properties)
Who is Nayel Nassar?
Born in 1991 in Chicago, USA, 30-year-old Nayel Nassar is an award-winning Egyptian-American professional equestrian and show-jumping competitor based in San Diego, California. He first started riding at the age of five and was jumping by age 10.
Nasser's net worth was estimated to be around US$100 million ($133 million) as of 2021.
Apart from being a professional equestrian rider, Nasser is also a successful businessman.
He established 'Nassar Stables LLC' in 2014 in the city of Encinitas in San Diego County and continues to run it profitably.
One of the most notable things about his career is that Nayel is a three-time winner of the HITS US$1 Million Grand Prix, and is the only rider to ever win the Speed Challenge and 5 Grand Prix at the same Longines Masters event.
Currently, Nayel rides as part of the Evergate Stables team. Some sources estimate his current annual salary to be around US$5 million ($6.6 million.).
Jennifer Gates herself is passionate about horse riding, has been a show jumper and even participated in the prestigious Winter Equestrian Festival in Florida, competing against 2,800 riders from 49 states.
Ref: Bill Gates’ 26-year-old daughter buys $76m home (်inance.yahoo)