Bill Gates, the billionaire turned philanthropist and co-founder of Microsoft Corp,still ranks in the top ten worlds richest people, despite saying last year that he will eventually drop down and eventually off of the prestigious list altogether so he may not mind losing $250,000 here and there.
In fact, it seems like he doesnt mind losing that chunk of change.
What Happened: Gates recently put a New York City apartment on the market for $4.75 million, down from the $5 million in cash the billionaire paid when he bought it for his daughter, Jennifer Gates.
The 1212 Fifth Ave. apartment, which overlooks the world-famous Central Park, has been on the market for 106 days, according to its listing at StreetEasy.
It was reported that Gates purchased the home for his daughterfollowing her graduation from Stanford University though Jennifer and her husband, professional equestrian Nayel Nassar, now live in a $51 million Tribeca triplex penthouse with its own plunge pool.
The Seattle-based trust connected to Gates which purchased the Fifth Ave apartment for $5 million is the same trust that bought the Tribeca penthouse for $49.5 million in November 2021.
While it seems Gates doesnt mind shelling out millions on real estate, you can earnmoney from it right now.
New companies have innovated ways for individual investors to enter the real estate market for as little as $100 (or more, depending on your appetite). Heres how to buy shares of rental properties to earn passive income and build long-term wealth.
The new penthouse Gates daughter lives in has six bedrooms, six baths, two powder rooms, 20-foot-high ceilings, multiple terraces and two parking spaces if you live in New York City, you know how valuable parking spots are.
Read next:Bezos-Backed Startup Lets You Become A Landlord With $100
Senator Tim Scott, the chairman of the US Senate Committee on Banking, Housing, and Urban Affairs, recently said that he expects a crypto market bill to be passed into law by August 2025.
The chairman also noted the Senate Banking Committee’s advancement of the GENIUS Act, a comprehensive stablecoin regulatory bill, in March 2025, as evidence that the committee prioritizes crypto policy. In a statement to Fox News, Scott said:
“We must innovate before we regulate — allowing innovation in the digital asset space to happen here at home is critical to American economic dominance across the globe.”
Scott’s timeline for a crypto market structure bill lines up with expectations from Kristin Smith, CEO of the crypto industry advocacy group Blockchain Association, of market structure and stablecoin legislation being passed into law by August.
Support for comprehensive crypto regulations is bipartisan
US lawmakers and officials expect clear crypto policies to be established and signed into law sometime in 2025 with bipartisan support from Congress.
Speaking at the Digital Assets Summit in New York City, on March 18, Democrat Representative Ro Khanna said he expects both the market structure and stablecoin bills to pass this year.
The Democrat lawmaker added that there are about 70-80 other representatives in the party who understand the importance of passing clear digital asset regulations in the United States.
Treasury Secretary Scott Bessent, pictured left, President Donald Trump in the center, and crypto czar David Sacks, pictured right, at the White House Crypto Summit. Source: The White House
Khanna emphasized that fellow Democrats support dollar-pegged stablecoins due to the role of dollar tokens in expanding demand for the US dollar worldwide through the internet.
Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, also spoke at the conference and predicted that stablecoin legislation would be passed into law within 60 days.
Hines highlighted that establishing US dominance in the digital asset space is a goal with widespread bipartisan support in Washington DC.
COLUMBUS, Ohio — Ohio State‘s national championship football team will have some extra jewelry to show off on its visit to the White House on Monday.
The Buckeyes received three rings between the first and second quarter of Saturday’s spring game at Ohio Stadium.
“It’s a surreal moment. I love this place,” said defensive lineman Jack Sawyer, one of the team captains.
Players and coaches from the 2024 championship team received a ring for making the College Football Playoff, one from the CFP for winning it, and a championship ring from Ohio State.
Ohio State’s seniors — many of whom are preparing for the NFL draft in less than two weeks — showed off their rings during a ceremony at the 50-yard line.
“They’re champions. So yeah, it puts a smile on your face when you see it,” coach Ryan Day said after the spring game.
The top of the national championship ring opens and shows the scores of Ohio State’s four CFP games, with the 34-23 victory over Notre Dame at the top. Enclosed inside the ring are pieces of the confetti that dropped at Mercedes-Benz Stadium in Atlanta after Ohio State won the game. The confetti is floating over a replica of the field.
All three rings also have Day’s mantra from the season of “Leave no doubt.” On the inside of the rings is a cross, signifying the team’s message and relying on its faith during the season.
“It makes it feel real. Been a long time coming for these rings but a combination of a lot of hard work, sacrifice and love when I see them,” quarterback Will Howard said.
Day originally planned not to have a spring game, considering the Buckeyes were only two months removed from playing 16 games. He originally planned on having an open practice with limited game action, but with the opener being against Texas on Aug. 30, Day reversed course.
“I’m glad we did the spring game. I wish we could have stayed out there for another four hours and get these reps and get these guys some work,” Day said. “We know who our first opponent is, so we know we have to hit the ground running. There isn’t much margin for error.”
Based on the excellent Hyundai IONIQ 5 N platform, Vanwall gives its Vandervell H-GT a high-performance aesthetic makeover inspired by the classic Lancia Delta HF Integrale. But what makes this body kit a genuine “high-performance” upgrade isn’t the way it makes the car look: it’s the 500 lb. weight savings!
Developed by Austrian racing team ByKOLLES Racing and invoking the name of a 1950s Formula 1 team, the Vandervell H-GT is essentially a new Hyundai IONIQ 5 N in aggressive, Lancia Delta-inspired carbon-fiber bodywork that the company claims gives the car an, “unprecedented weight optimization in this vehicle category.”
The H-GT’s new “thin wall” carbon fiber body slashes the car’s weight by over 230 kg (507 lbs.), which means ByKOLLES’ new Vandervell can do anything that Hyundai’s “special” IONIQ 5 N hot hatch can do. Only faster.
The car was first announced in 2023 (along with the renderings shown, below), when ByKOLLES was competing in the World Endurance Championship (WEC) with what used to be called an LMP car – but they keep changing the names of these things so it could be a Daytona Prototype, Hypercar, or even a 24 Hour LeMans Wonkavator by now.
The important part, however, is that a few of these cars have now broken cover, with ex-Formula 1 supremo, Bernie Ecclestone, having been seen trying the new-age Lancia on for size.
The Vanwall Vandervell website still shows the same €128,000 ($145,405, as I type this) price tag and specs it did in 2023, which either means they haven’t updated it in a while, were really, really good at pricing the thing in the first place, or both.
That’s presumably on top of the IONIQ N’s already hefty $66,100 price tag.