Why this $24 million apartment could be donated to charity
As the fourth richest person in the world, Jeff Bezos has an impressive collection of properties, much of which could possibly be given away.
The Amazon founder recently presented Dolly Parton with a $100 million ($150 million) grant as part of the Bezos Courage and Civility Award, where leaders who “seek solutions with courage and civility” can choose to which charities to donate to.
Bezos, who has a net worth of $124 billion ($185 billion) according to Bloomberg’s Billionaires IndexTold CNN this week that he vows to donate most of his wealth to charity.
So exactly how much of his wealth comes from property?
Bezos owns vast properties of New York at beverly hillscoming to a combined total of what the New York Post estimated to be around $500 million ($746 million). Here, New real estate team reviews immovable wallet.
According Real estate agentBezos spent $16 million ($23.8 million) on a three-bedroom condominium at 212 Fifth Avenue overlooking Madison Square Park in April 2020.
Located on the 20th floor, the property is sleek and luxurious in its design with wooden floors, pendant lights, plush curtains and a chic, neutral color palette.
The businessman shelled out cash to live in the building in June 2019, shelling out $80 million ($119.3 million) in apartments on the 21st, 22nd, 23rd and 24th floors.
Bezos claimed the former textile museum in upmarket Kalorama in 2016 for a whopping $23 million ($34.3 million), according to The Washington Post.
Located at 2320-2330 S Street, it is understood Bezos paid an additional $12 million ($17.9 million) to renovate the property, according to a report by the Washingtonian.
Plans would have included 11 bedrooms, 25 bathrooms, five living rooms, two elevators and a solarium.
It is understood that Bezos also bought a house directly across the street in January 2020 for $5 million ($7.4 million).
In true Hollywood style, Bezos paid a staggering $165 million ($246.2 million) to own the Harry Warner estate in Los Angeles, according to Real estate agent.
Located near Sunset Boulevard, the estate has eight bedrooms, 10 bathrooms, a swimming pool, koi pond, tennis court and waterfalls. There is also a guest house on the property.
According Real estate agentBezos spent $10 million ($14.9 million) in 1998 on a five-bedroom, four-bathroom property in uptown Seattle.
He then reportedly paid an additional $50 million ($74.6 million) in 2005 on a nearby property, containing five bedrooms and four bathrooms.
In 2020, Bezos reportedly shelled out an additional $28 million ($41.7 million) for renovations to the entire estate.
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