Of the world's wealthiest people, the majority hail from the world's economic superpower - The United States. There are a number of US billionaires who are ranked as the richest people on the earth.
The newest version of 'Forbes 400: The full list of the Richest People in America' describes the place where the richest people of US live.
The two of richest people in America are Bill Gates and Warren Buffet. After them, Jeff Bezos of Amazon and Mark Zuckerberg of Facebook are among the top five on the list. They have added billions of dollars to their net worth each year as their companies continued to grow in value and influence. They are accumulating wealth at a much faster pace than others. These multi-billionaires have invested their fortune in real estate.
Take a look at the residences of the richest people in US. It will give you a glimpse about how lavishly they spend.
Bill Gates is the co-founder of Microsoft and an American business magnate, investor, author and philanthropist. Gates spends most of his time at his 66,000 square feet Medina Washington Mansion, worth $81 billion. It is named Xanadu 2.0. It is named after the title character in the movie, Citizen Kane (1941). The mansion overlooks Lake Washington.
Warren Buffet, who is known as "Oracle of Omaha" and an investment guru, is one of the oldest amongst the richest Americans, with a net worth of over $65.5 billion. His residence, located in Omaha, Nebraska, which he bought in 1958 is worth $31,500. Buffet resides there ever since and the house has an area of 6,500 square feet.
Jeff Bezos, the owner of Amazon and who is in the process of building his e-commerce empire, has amassed vast lands over the years. He owns a 165,000 square feet ranch in West Texas and a waterfront house in Washington state. Jeff also has three linked apartments in Manhattan's Century Tower and a 12,000 square feet Beverly Hills estate worth $67 billion.
Mark Zuckerberg, the owner and co-founder of Facebook is the youngest and richest entrepreneur who has put most of his wealth in schools, hospitals and other charities. His real estate portfolio includes his house of 5,000 square feet in Palo Alto, California, US.
Larry Ellison, the Executive Chairman of Oracle, has an extensive real estate portfolio. He has bought large parts of real estate in Malibu and around Lake Tahoe. Larry owns a $70 million Beechwood Mansion in Newport, Rhode Island.
Jim Walton is the youngest son of Walmart founder, Sam Walton and runs family's Arvest Bank. He boasts of assets of more than $16 billion and owns a 5,800 square feet mansion in Bentonville, Arkansas, US which was built in 1958.
Charles Koch is the billionaire co-owner and CEO of Koch Industries, the second-largest privately held company in the US with a net worth of $ 41 billion. Charles resides in Wichita, Kansas, US.
David Koch, the brother of Charles Koch, is also the co-owner and Executive Vice President of Koch Industries. He is known as the wealthiest resident of the New York metropolitan area, and his house is located in Southampton, NY, America.
Larry Page is the co-founder of the search engines, "Google" and is currently serving as its Chief Executive Officer. He owns a historical piece of property, which is spread over 10,000 square feet at Palo Alto in the heart of Silicon Valley, US.
Sergey Brin, who, along with Larry Page, is the co-founder of "Google," owns a 30,000 square feet mansion located in Alpine, New Jersey, that costs $48.88 million.