|Del Mar is a satellite city just north of San Diego|
Just in time for summer, the Gates' new 6k sq. ft. seaside home was last owned by Madeline Pickens, who had listed the home earlier in the year at a higher $48 million. The six-bedroom estate is on Ocean Front between 27th and 29th Streets. It was designed by San Diego area architect/designer Ken Ronchetti.
The Microsoft Foundation (Gates was co-founder of Microsoft) recently donated $250 million to fight Covid-19. Rumors are untrue that the World's richest man, Jeff Bezos of Amazon was shopping for a home in the San Diego area. Bezos has already spent millions on a Beverly Hills estate and a collection of penthouses in Manhattan.