Bill Gates buys Portofino Castle

(ANSA) - ROME, OCT 4 - Bill Gates has bought Portofino Castle, a famed landmark in the chic Ligurian Riviera resort, local newspaper Il Secolo XIX reported Wednesday.
    Gates, 67, the world's fourth-richest man, bought the property, whose original name is Vila San Giorgio, through his Four Seasons real-estate company, which he bought from Saudi Prince Alwaleed bin Talal for $2.2 billion in 2021.
    The 1,200 sq m property is split today into 12 mini-apartments with a private lift that goes down to the beach below the castle.
    The Microsoft founder is said to have bought it to turn it into a luxury hotel for his Four Seasons chain.
    The villa is said to have cost Gates 50-60 million dollars.
    He bought it from a Genoese insurance company. (ANSA).