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Bill Gates Yacht: Everything You Want To Know

In 2020 the yachting world was abuzz with news that Bill Gates had bought as stunning and advanced yacht known as Project Aqua. The massive, 370-foot concept yacht was revealed in 2019 at the Monaco Yacht Show and news soon followed that billionaire Bill Gates, once the richest man in the world and the founder of Microsoft, had commissioned the construction of his own hydrogen-powered Aqua. But that never actually happened and, in fact, as near as anyone can tell for real, Bill Gates doesn’t own a yacht at all. 

So where did the story come from? What’s the deal with the Aqua? And hasn’t Bill Gates been pictured on a yacht before? Let’s get some answers.

How Much Did the Aqua Yacht Cost at the Monaco Yacht Show?

According to the stories online, Bill Gates paid $600 million for the hydrogen powered yacht. But that’s not true at all. According to the yacht makers, the Dutch company Sinot, the price tag is $645 million but no one bought it after it was revealed at the Monaco Yacht Show, and that includes Bill Gates. It’s expensive but definitely not the most expensive in the world.

How Fast is the Aqua Yacht?

Aqua is a unique yacht in the yachting world which is why it garnered so much attention in the first place. It’s the first mega yacht that runs on a fully operational liquid hydrogen and fuel cell system that features two hydrogen engines that can produce 1,341 horsepower. The top speed is 17 knots and  the Aqua has a cruising speed of 12 knots. The total range is 3,750 nautical miles. The liquid hydrogen is stored in two 28-ton vacuum sealed tanks where it can be held at -253 degrees C. The only exhaust is water.

What Does the Interior of  the Aqua Yacht Look Like?

The Aqua has 7 suites meant to house up to 14 guests at any given time. Two of those suites are larger VIP cabins. The ceilings throughout are 9 feet and stretch as high as 12.5 feet elsewhere thanks to the luxury Sinot yacht architecture. The vessel has room for a crew of 31 as well. The beach deck lounge aboard the boat alone looks like a luxury hotel space.

The Aqua features a bow observation room which is surrounded by windows to give a panoramic view of the ocean which has been described as the “ultimate superyacht owners lounge.” In addition, there’s a movie theater on the upper deck. It also includes a wellness center with a hydro massage room. You can also do some yoga in a workout space. There’s a fully equipped gym, a beauty salon, and even a hairdresser.

Up on the main deck there’s a luxury swimming pool that even includes a waterfall. One of the yacht’s defining features is the spiral staircase that covers all five decks and is covered by a skylight. On the way up it also offers a view of the interior of the hydrogen fuel tanks so you can see just what 56 tons of ultra cold liquid hydrogen looks like as you move between decks. 

The tender garage has an array of toys such as jet skis while the main deck features a beach club with a dining area designed for all 14 guests and a lounge that converts into the cinema space.

What Yacht Has Bill Gates Actually Been On?

Bill Gates does seem to like yachts, just not enough to spend his money owning one, and that’s fair. Yachts cost millions to maintain every year. No one got rich spending millions to maintain a boat.

That said, Bill Gates has not only vacationed on yachts – he spent his 66th birthday on one – he also got married on a yacht.

In 2021, Gates made the news when he celebrated his 66th on board a luxury yacht called the Lana alongside Jeff Bezos. He spent $2 million to charter the yacht for a week and flew 50 guests out to celebrate with him. 

The Lana is a 351 foot yacht with room for 12 guests and a cruising speed of 12 knots with a max speed of 18 knots. The master suite is 1,184 square feet. The room features his and hers walk-in dressing rooms and a private terrace.

Elsewhere on board you’ll find a piano in the lounge area as well as a full gym for working out. There’s both a sauna and a well-appointed spa as well. On deck you can head to the beach club or take a dip in the pool. 

There are three tenders in the garage alongside a bunch of toys including various jetskis, a seabob, wakeboards, WindSurfers, fishing equipment, scuba diving equipment and more. 

Back in 2014, Gates rented an even more expensive yacht, the $5 million per week Serene, to go on a vacation with his family. The Serene, once owned by  Russian vodka magnate Yuri Shelfer before being purchased by the crown prince of Saudi Arabia, clocked in at a massive 450 feet making it one of the world’s biggest and even had its own on board submarine

The Serene features 7 decks, a saltwater pool, a climbing wall, a surprisingly large library, health spa, outdoor cinema and a nightclub. This is all spread across 48,000 square feet.

It’s also been confirmed that Gates met his wife Melinda on a yacht owned by Paul Allen, the co-founder of Microsoft, all the way back in 1994. 

Why Do People Think Bill Gates Owns the Aqua?

It’s easy to see why people may have thought Gates owned the Aqua when you consider a handful of factors. First, as mentioned, we have lots of evidence that Bill Gates really does enjoy luxury yachts. The extremely high price tag was something that only a few people in the world are going to be able to afford and Gates, who doesn’t own a yacht, seems like a likely candidate for those reasons. 

In addition, Gates has spent several years now as a climate activist and has supported a number of green technologies. A yacht that runs on hydrogen seems like something he would support as well. So, with no real evidence, the circumstantial evidence was enough to easily convince people. Once it’s presented as fact on the internet, and it was in many articles and videos, few people had reason to question it. 

The Bottom Line

The mega yacht known as the Aqua has a price tag of $645 million and it runs on clan burning hydrogen fuel. The only byproduct of its operation is water, making it a very environmentally friendly yacht. It made waves, so to speak, when it debuted at the Monaco Yacht Show in 2019. Rumors soon began to spread that billionaire and known climate activist Bill Gates had ordered one for $600 million. However, despite many videos and articles that refer to him as the owner, the truth is no one bought the Aqua at the yacht show and, as of 2023, Bill Gates does not own a yacht at all. He is know to charter extremely luxurious yachts for vacations and parties, such as the Lana and the Serene, but he does not own any just now.

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Bill gates reportedly orders $644m hydrogen-powered superyacht with gym, helipad, infinity pool.

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Bill Gates reportedly has his eye on the world’s first hydrogen-powered superyacht — a $644 million, environmentally friendly oasis on the sea with its own infinity pool, helipad, spa and gym.

The billionaire Microsoft co-founder was initially rumored to have already commissioned the 370-foot luxury Aqua yacht in a report Sunday in the UK paper The Telegraph.

However, the Dutch design firm Sinot insisted Monday that Aqua had yet to be sold to Gates, stressing it did not yet have a “business relationship” with the second-richest person in the world.

“We invite any visionary client to show their interest,” insisted the company — clearly aiming at eco-warrior billionaires just like him, with designer Sander Sinot saying the inspiration was “the lifestyle of a discerning, forward-looking owner.”

The vessel is powered by two 28-ton vacuum-sealed tanks cooled to minus-423 degrees Fahrenheit and filled with liquid hydrogen — with the only emission being water, according to the report. It will reach a top speed of 17 knots (19.5 mph) and be able to cross the Atlantic, the report says.

While far from the world’s largest yacht, plans show extreme luxury for the 14 guests and 31 crew members who can be accommodated.

It includes its own fully equipped gym, yoga studio, beauty room, massage parlor and a stunning outdoor infinity pool.

Along with luxurious bedrooms, there are numerous outdoor lounges, a giant spiral staircase and an amazing observation room at the front.

Gates’ main motivation in wanting to commission the yacht would be to signal his backing for new, clean technology to cut carbon emissions, the Telegraph said.

He regularly takes superyacht vacations — but usually rents yachts rather than owning his own.

Whoever buys it will not be able to enjoy it for a few more years, however, with the report saying Aqua will not be ready until 2024.

The Gates Foundation and Gates Ventures declined to comment to the Telegraph for its report.

“Aqua is a concept under development and has not been sold to Mr Gates,” Sinoit insisted.

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Billionaire Bill Gates buys hydrogen-fuelled superyacht for $500 million

By Rebecca Cope

Microsoft billionaire Bill Gates is currently celebrating the engagement of his daughter, Jennifer, to Egyptian showjumper Nayel Nassar, but he's also got another reason to be happy - a brand new superyacht.

The 112-metre luxury vessel is the world's first hydrogen-powered super yacht, and will feature all the usual billionaire mod-cons, including an infinity pool, helipad, spa and gym. There are five decks, with accommodation for 14 guests and 31 crew members - more than two per person.

By Isaac Zamet

By Evie Delaney

By Isaac Bickerstaff

As well as being powered by liquid hydrogen, another eco-feature are the fire pits, which are actually gel-fuelled fire bowls, designed to keep guests warm outdoors without burning wood or coal.

Costing in the region of $500 million, the Aqua ship was first publicised at the Monaco Yacht Show in 2019 by Dutch design firm Sinot. Speaking then, the company's eponymous designer said, 'For the development of Aqua we took inspiration from the lifestyle of a discerning, forward-looking owner, the fluid versatility of water and cutting-edge technology, to combine this in a superyacht with truly innovative features.'

He went on to explain how the hydrogen fuel works, saying: 'AQUA is fuelled by hydrogen, a unique concept which represents a significant progression towards achieving a new balance between nature and technology. The system is based on the use of liquified hydrogen, stored at -253°C in two 28-ton vacuum isolated tanks. The liquified hydrogen is converted into electrical energy by proton exchange membrane (PEM) fuel cells, with water being the only by-product.'

The Daily Telegraph reports that the ship will be in service from 2024, and will reach speeds of 17 knots. It will be able to travel for 3,750 miles before refuelling but will also have a diesel back-up due to the lack of hydrogen refuelling stations available.

This will be the world's second richest man's first yacht. He has previously rented them for holidays, most recently including the $330m yacht Serene, which he borrowed from Stolichnaya vodka magnate, Yuri Scheffler, to sail around the coast of Sardinia.

By Hope Coke

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A Closer Look at Serene: The $330 Million Yacht Bill Gates Chartered

While many people must scrimp and save to afford a family holiday, that is not the case for the rich and famous, who have the financial means to go wherever they want whenever they want. You will not find them in budget motels or trying out a destination’s free attractions. Instead, wealthy people can choose the most luxurious accommodation and unique experiences possible for their vacation. One such person who can afford these luxuries is Bill Gates who, with a personal net worth of $95.4 billion, is the second richest person in the world. He has even chartered a yacht worth $330 million to enjoy a vacation with his family.

According to Boat International , Gates chartered a yacht called ‘Serene’ for an estimated $5 million per week. He did this to enjoy a break away with his wife and three children. The family enjoyed a week together on the yacht just off the coast of Porto Cervo, Sardinia, in August 2014.

The 133-foot yacht is one of the largest in the world, and it is owned by Yuri Scheffler, the Stolichnaya vodka magnet. This yacht was delivered to him in 2011, and he has had it on the charter market ever since. Built by the Italian shipyard Fincantieri, it has a rather impressive crew of 53 to take care of the needs of those who charter the yacht. So, what is on the inside of this ship to make it such an amazing experience that is worthy of the high price tag?

The Yacht Charter Fleet has ways for its travelers to enjoy activities both off and onboard. The helipad is available so that guests can take trips to the mainland to enjoy a little sightseeing, a meal in a restaurant, or a local activity. There are also jet-skis available for some fun one the waves around the boat or to travel back to the mainland to enjoy some time away from the yacht. Furthermore, the yacht has its very own submarine. However, you might wonder why anyone would want to get away from the yacht when there is so much to enjoy onboard, including activities for children. Just some of the activities and amenities on board for entertainment include a climbing wall, a trans-deck waterslide, a snow room, a playroom, multiple pools, and a cinema. This means that there are plenty of things onboard to keep the children entertained.

This yacht is not all about the kids having fun, as there are plenty of things for the adults, too. In fact, Serene has a myriad of amenities spread over its six decks that make this a unique way to vacation. From the outside, one of the ship’s most impressive features is its supersized bathtub on the sun deck. The award-winning Serene has a private beach club that has a secluded sunbathing area and a sauna. There are also two Jacuzzis and a sundeck dance floor. Opposite the relaxing hot tun tucked underneath the ship’s observational deck is a fully stocked wet bar with extra sun loungers.

Two of the indoor living and entertaining spaces include a cocktail lounge and a piano bar, while outdoor there are various al fresco dining areas, such as a wet bar, a barbeque, a Teppanyaki grill, and a pizza oven. An unusual space in this yacht is the underwater observation lounge, which many people would find a relaxing area as they watch marine life existing in tranquility around them. Serene also has rather impressive accommodation and it can accommodate up to 24 guests. There are 12 luxurious staterooms, include a master suite, a VIP suite, seven double suites, and three twin cabins. The interior design is the work of Espen Oeino with styling by Reymond Langton. The duo has created living spaces that are stylish and opulent while also being comfortable and versatile.

One of the most impressive areas in terms of styling is the sky lounge. This room is decorated in shades of cream that is accented by darker colors and finished with wooden fixtures. It is equipped with sofas, chairs, and coffee tables for relaxing, and boasts some of the most impressive views from the ship which you can view from almost any vantage point. Another fantastic space is the main lounge, which is a more formal area for entertaining. The main color used is white, which gives the room a bright and airy feel, and some warmth is added with darker tones. Central to the room is a piano, which is surrounded by cocktail tables. An unusual feature of this room is its chandelier. The lounge is located directly above the main dining area, and the chandelier drops between the two rooms.

A double staircase leads down to the chic dining area below. It is set to accommodate a maximum of 24 guests and features two 12-seater tables. However, there is the possibility of entertaining even more people as the tables are extendable and there is plenty of space. This means you can host a banquet in this room. Floor-to-ceiling windows on both sides of the rooms give spectacular panoramic ocean views.

Bill Gates’ time on the yacht with his family is part of his plan to take a more relaxed approach to life and to spend some time away from the office. He has said that he doesn’t have the energy he had when he was younger and plans to balance running his Microsoft Empire and enjoying time with his family better now that he is older. This includes taking vacations away with his loved one. Serene and other chartered yachts are the perfect way for this billionaire businessman to relax and have some fun in comfort and privacy.

Since Gates’ vacation on the yacht, Scheffler has sold the superyacht to Mohammed bin Salman, the deputy crown prince of Saudi Arabia says Yacht Harbor . The Saudi Arabian royal paid a whopping $458 million for the yacht in July 2015. The yacht was once the ninth largest in the world, but it has now dropped into the 15th place because even more impressive superyachts have been built since.

Written by  Liz Flynn

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The World's First Hydrogen-Powered Superyacht Has a $644 Million Price Tag

By Nick Mafi

Superyachts seemed to be among the last modes of (luxe) transportation to bend toward the growing consumer demand for eco-friendly engine designs. But if news from last week’s Monaco Yacht Show served as a bellwether, the industry meant to cater to the wealthiest among us made a progressive splash with the unveiling of Aqua, the world's first hydrogen-powered superyacht.

Designed by the Dutch firm Sinot Yacht & Architecture Design, Aqua is a nearly 400-foot-long vessel that's run entirely by a renewable energy source. "Water is the eternal fuel of life, the life-sustaining force that makes planet Earth habitable," says Sander Sinot, founder of the firm that bears his name. "Water is soft, yet at the same time it cuts through hard rocks." It was this appreciation of water that helped the firm find balance between the natural world and the technological. The propulsion system is made up of two 28-ton vacuumed tanks that each contain liquified hydrogen which are stored at -423 degrees Fahrenheit. Along with being eco-friendly, hydrogen-based energy means for a quieter experience aboard the ship in comparison to traditional engines. That said, there will be backup diesel generators handy should the captain ever need them.

The infinity pool aboard AQUA. 

There was much confusion on Monday if there was already a buyer who had paid the hefty $644 million price tag. Reports spread throughout the internet that billionaire Bill Gates had purchased the superyacht, rumors that proved to be false. Yet readers couldn't be blamed for believing such reports, as images show Aqua to include its own infinity pool, helipad, spa, and gym—amenities meant to attract billionaires such as Gates.

An aerial view of the superyacht shows how close passengers can get to the water, as well as the cascading design of the infinity pool.

Sinot and his team designed the vessel to safely bring passengers as close to the water as possible. "Water is relaxation; it makes us calmer and more creative," Sinot comments. "We wanted to provide those on board with the closest possible proximity to the water. The aft deck features an innovative series of platforms cascading down towards the sea, while a large swim platform allows all passengers to enjoy the optimal experience of accessing the water at sea level."

One of the bedrooms inside of Aqua shows a minimalist aesthetic. 

Aqua can reach speeds of up to 19.5 mph and features enough room for 14 guests and 31 crew members. The firm plans to complete the vessel by 2024.

By Charlotte Collins

By Katie Schultz

By Vaishnavi Nayel Talawadekar

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Bill Gates Enjoys Sardinia Charter on board Superyacht SERENE

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By Editorial Team   8 August 2014

The 133m/436ft superyacht SERENE has welcomed aboard the world’s wealthiest man, Bill Gates and his family for a charter vacation in the beautiful cruising grounds of Sardinia .

The Microsoft founder and philanthropist along with his wife and three children have been enjoying the Mediterranean summer in style this week during their annual vacation off the coast of Porto Cervo. As one of the largest superyachts in the world and equipped with every conceivable amenity in addition to an in impressive crew of 52, the 2011 Fincantieri-built motor yacht SERENE was the perfect choice for this ultra-luxurious vacation.

According to reports in the Daily Mail, the on board helipad was put to good use with trips to the mainland for some tennis lessons followed by an afternoon out on the jet-skis to entertain the kids. If that wasn’t enough, there is also a submarine, snowroom, cinema, playroom, multiple pools, a climbing wall and a trans-deck waterslide on offer to keep them entertained for hours. 

In between running his Microsoft Empire and extensive charity commitments, luxury charter vacations have provided the perfect platform for him and his family to enjoy time together in comfort and privacy.

The grown-ups aren’t left out of the fun however during a charter on the award-winning SERENE, with an exhaustive array of facilities. For total relaxation, the private beach club features a sauna and secluded sunbathing area, there is also a sundeck dance floor, two Jacuzzi’s and numerous al fresco dining areas to choose from. For entertaining meanwhile, SERENE provides luxurious interior living spaces to include a chic piano lounge with cocktail bar while outside a wet bar, barbeque, pizza oven and Teppanyaki grill ensure fantastic Mediterranean soirees. 

She is one of a handful of yachts able to charter with more than 12 guests, boasting 12 stunning staterooms to accommodate up to 24 guests, comprising a master suite, VIP, seven doubles and three twin cabins. With design from Espen Oeino and interior styling by Reymond Langton, SERENE has been meticulously design to offer charter vacations of the highest calibre while ensuring stylish, comfortable and versatile living spaces. 

In an interview earlier this year, Mr Gates said he doesn't plan to stay at the office for days at a time as he did in his younger days when he had 'energy and naiveté' on his side. In between running his Microsoft Empire and extensive charity commitments, luxury charter vacations have provided the perfect platform for him and his family to enjoy time together in comfort and privacy.  Since its founding, the Bill and Melinda Gates Foundation has raised and donated billions towards research and development to tackle problems throughout the world to help the world’s poorest people lift themselves out of hunger and poverty. 

Whether it’s a classic sailing yacht or magnificent luxury vessel such as SERENE, charter yacht vacations offer the world’s most high profile names the freedom to experience private time with loved ones away from the spotlight. Charter rates for SERENE start at €1,600,000 per week to €2,800,000 plus expenses, for further information contact your yacht charter broker . Alternatively take a look at the full selection of motor yachts available for charter . 

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Bill Gates chartering superyacht Lana – price and location revealed

Bill Gates is currently chartering the renowned superyacht Lana and is currently cruising the west coast of the Turkey.

Bill Gates who is the Microsoft billionaire and philanthropist, decided to extend his summer months by chartering the 107-metre superyacht Lana through industry giants Imperial Yachts.

The superyacht, which was chartered by Beyonce and Jay-Z just last summer, has spent the last week cruising along the southwestern coast of Turkey where the summer months are still as hot as ever. The region hasn’t just attracted the likes of Lana, but also some of the world’s greatest superyachts like Flying Fox.

The charter for Bill Gates has been carried out by the Monaco based Imperial Yachts, whom have been accredited with some of the biggest charters over recent years after securing the management of some of the most prestigious yachts built in recent years.

Built in 2020 by Benetti, Lana is custom-built for world-class luxury yacht chartering, offering a  spacious living areas and top-of-the-class amenities. With features including a spa, elevator, beach club and gym, you’ll be in for a treat from the moment you step onboard.

Lana offers guest accommodation for up to 12 guests in 8 suites comprising a master suite and seven VIP cabins, with a crew of 33 ready to provide the service you’d expect from one of the most expensive charter yachts available.

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Chartering the yacht for a week will set you back €1,800,000, approximately $2,100,000.  

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Simple Flying

Inside bill gates' private jet collection.

The philanthropist and author has at least three jets, two helicopters, and an amphibious prop plane.

Bill Gates has caused quite a bit of debate with his private jet travel. The Microsoft founder turned climate activist owns no less than four business jets, which he calls his 'guilty pleasure.' His collection is worth nearly $200 million and features a top-of-the-line Gulfstream G650. What's more, he has a private aviation management firm and has invested billions of dollars in the world's largest business jet service provider.

Controversial convenience

Billionaire Bill Gates has written a book called How To Avoid Climate Disaster. In it, he confesses to being an 'imperfect messenger' as he lives in large houses and travels by private jet. Last year, Gates reportedly took 392 flights on private jets, an average of more than one per day.

Want answers to more key questions in aviation? Check out the rest of our guides here .

Gates has defended his use of the exclusive means of transportation, most recently in an interview with the BBC earlier this year. He argued that he fully offsets his carbon emissions by buying clean aviation fuel (SAF) and funding carbon capture .

Which jets does he have today?

Since his first Bombardier BD-700 Global Express in 1997, Gates has owned a succession of aircraft, including a helicopter. According to the most recent publicly available information, the Microsoft founder owns four private jets. His collection is made up partly of not one but two Gulfstream G650ERs, which tally in at close to $70 million each.

The other two are Bombardier Challenger 350s, which come at a comparatively low $27 million apiece.

Going big with Gulfstream

The highlight of Gates' fleet is his Gulfstream G650ER . He flew two of the type for many years, with one based on each side of the country. The two aircraft were built in 2018 and replaced his previous two Bombardier 700 Global Express jets.

One is registered as N887WM and the other as N194WM with a company called MENTE LLC in Washinton State. The WM in the aircraft registration most likely stands for William and Melinda. The couple met in 1987 and were married for 27 years beginning in 1994.

The G650 can fit 11 to 18 passengers, and the extra range edition has a maximum range of 7,500 NM or 13,890 km. It burns about 450 gallons of fuel per hour and can hit top speeds of Mach 0.925. The jet holds the fastest and farthest record for a business jet, flying between Singapore and Tucson, Arizona, in 15 hours and 23 minutes in 2019.

Gates' Gulfstream jets have four areas for work, entertainment, and relaxation. Hand-crafted leather seats turn into beds, and the plane can sleep up to ten people. There are over 500 Gulfstream G650s in service globally, and the type has now set over 125 world speed records.

Have you heard the Simple Flying podcast recently?

His second G650, registered N194WM, appears to have been sold last year. Research by Simple Flying found the aircraft is now registered to TVPX Aircraft Solutions in Utah. The company provides trust services to enable US-based aircraft registrations for purchasers not eligible to register an airplane in the United States, so it remains unclear who the current end user of the aircraft is.

Other owners of this top-tier jet include Amazon founder Jeff Bezos , Oprah Winfrey , and Kim Kardashian .

Bombardiers through NetJets

Gates' Bombardier Challenger 350s are owned through his partnership with NetJets , a company that sells fractional ownership shares in private business jets. They are registered as N769QS and N754QS and were manufactured in 2015 and 2018, respectively. The Challenger 350 claims the largest and quietest cabin in its class and can carry up to ten passengers. It has a maximum range of 3,200 NM or 5,900 km and a top speed of 0.83 Mach.

He most recently upgraded his small propeller plane at the end of last year. A Cessna 208 Amphibian Caravan seaplane, registered N897WM, was acquired to replace an existing floatplane of the same type.

His own heliport

Gates famously owns a floating heliport, the Hale Manu, which is moored near Seattle. According to FAA filings, Gates's Mente LLC owns two helicopters. The first is a 2007 Eurocopter EC 135 with registration N608WM, which he uses to travel around Lake Washington. The second is a 2021 Airbus Helicopters MBB-BK117, registered N-621WM.

Love aviation history ? Discover more of our stories here.

Meanwhile, Gates' company Cascade Investment agreed to team up with Blackstone and private equity firm Global Infrastructure Partners in a $4.7 billion deal for the world's largest private jet service company, Signature Aviation. While primarily using his own jets for work with the Bill and Melinda Gates Foundation, investing in business jet maintenance might be more difficult when justifying overall CO2 contribution.

What do you make of Bill Gates' private jet collection? Guilty pleasure or unnecessary emission excess? Leave a comment below and let us know.

Source: Private Jet Charter

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Private planes, mansions and superyachts: What gives billionaires like Musk and Abramovich such a massive carbon footprint

Distinguished Professor and Provost's Professor of Anthropology; Director of the Open Anthropology Institute, Indiana University

Ph.D. Candidate in Anthropology, Indiana University

Disclosure statement

The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

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• Bahasa Indonesia

Tesla’s Elon Musk and Amazon’s Jeff Bezos have been vying for the world’s richest person ranking all year after the former’s wealth soared a staggering US$160 billion in 2020, putting him briefly in the top spot .

Musk isn’t alone in seeing a significant increase in wealth during a year of pandemic, recession and death. Altogether, the world’s billionaires saw their wealth surge over $1.9 trillion in 2020, according to Forbes.

Those are astronomical numbers, and it’s hard to get one’s head around them without some context. As anthropologists who study energy and consumer culture, we wanted to examine how all that wealth translated into consumption and the resulting carbon footprint.

Walking in a billionaire’s shoes

We found that billionaires have carbon footprints that can be thousands of times higher than those of average Americans.

The wealthy own yachts, planes and multiple mansions, all of which contribute greenhouse gases to the atmosphere. For example, a superyacht with a permanent crew, helicopter pad, submarines and pools emits about 7,020 tons of CO2 a year, according to our calculations, making it by the far worst asset to own from an environmental standpoint. Transportation and real estate make up the lion’s share of most people’s carbon footprint, so we focused on calculating those categories for each billionaire.

To pick a sample of billionaires, we started with the 2020 Forbes List of 2,095 billionaires. A random or representatives sample of billionaire carbon footprints is impossible because most wealthy people shy away from publicity , so we had to focus on those whose consumption is public knowledge. This excluded most of the superrich in Asia and the Middle East .

We combed 82 databases of public records to document billionaires’ houses, vehicles, aircraft and yachts. After an exhaustive search, we started with 20 well-known billionaires whose possessions we were able to ascertain, while trying to include some diversity in gender and geography. We have submitted our paper for peer review but plan to continue adding to our list.

We then used a wide range of sources, such as the U.S. Energy Information Administration and Carbon Footprint , to estimate the annual CO2 emissions of each house, aircraft, vehicle and yacht. In some cases we had to estimate the size of houses from satellite images or photos and the use of private aircraft and yachts by searching the popular press and drawing on other studies . Our results are based on analyzing typical use of each asset given its size and everything else we could learn.

We did not try to calculate each asset’s “ embodied carbon ” emissions – that is, how much CO2 is burned throughout the supply chain in making the product – or the emissions produced by their family, household employees or entourage. We also didn’t include the emissions of companies of which they own part or all, because that would have added another significant degree of complexity. For example, we didn’t calculate the emissions of Tesla or Amazon when calculating Musk’s or Bezos’ footprints.

In other words, these are all likely conservative estimates of how much they emit.

Your carbon footprint

To get a sense of perspective, let’s start with the carbon footprint of the average person.

Residents of the U.S., including billionaires, emitted about 15 tons of CO2 per person in 2018. The global average footprint is smaller, at just about 5 tons per person.

In contrast, the 20 people in our sample contributed an average of about 8,190 tons of CO2 in 2018. But some produced far more greenhouse gases than others.

The jet-setting billionaire

Roman Abramovich, who made most of his $19 billion fortune trading oil and gas, was the biggest polluter on our list. Outside of Russia, he is probably best known as the headline-grabbing owner of London’s Chelsea Football Club.

Abramovich cruises the Mediterranean in his superyacht, named the Eclipse , which at 162.5 meters bow to stern is the second-biggest in the world, rivaling some cruise ships. And he hops the globe on a custom-designed Boeing 767 , which boasts a 30-seat dining room. He takes shorter trips in his Gulfstream G650 jet, one of his two helicopters or the submarine on his yacht.

He maintains homes in many countries, including a mansion in London’s Kensington Park Gardens, a chateau in Cap D’Antibes in France and a 28-hectare estate in St. Barts that once belonged to David Rockefeller . In 2018, he left the U.K. and settled in Israel , where he became a dual citizen and bought a home in 2020 for $64.5 million.

We estimate that he was responsible for at least 33,859 metric tons of CO2 emissions in 2018 – more than two-thirds from his yacht, which is always ready to use at a moment’s notice year-round.

Massive mansions and private jets

Bill Gates, currently the world’s fourth-richest person with $124 billion, is a “modest” polluter – by billionaire standards – and is typical of those who may not own a giant yacht but make up for it with private jets.

Co-founder of Microsoft, he retired in 2020 to manage the Bill and Melinda Gates Foundation, the world’s largest charity, with an endowment of $50 billion.

In the 1990s, Gates built Xanadu – named after the vast fictional estate in Orson Welles’ “Citizen Kane” – at a cost of $127 million in Medina, Washington. The giant home covers 6,131 square meters, with a 23-car garage, a 20-person cinema and 24 bathrooms. He also owns at least five other dwellings in Southern California, the San Juan Islands in Washington state, North Salem, New York, and New York City, as well as a horse farm , four private jets, a seaplane and “a collection” of helicopters .

We estimated his annual footprint at 7,493 metric tons of carbon, mostly from a lot of flying.

The environmentally minded tech CEO

South African-born Elon Musk, CEO of Tesla Motors and SpaceX, has a surprisingly low carbon footprint despite being the world’s second-richest person, with $177 billion – and he seems intent on setting an example for other billionaires .

He doesn’t own a superyacht and says he doesn’t even take vacations .

We calculated a relatively modest carbon footprint for him in 2018, thanks to his eight houses and one private jet. This year, his carbon footprint would be even lower because in 2020 he sold all of his houses and promised to divest the rest of his worldly possessions .

While his personal carbon footprint is still hundreds of times higher than that of an average person, he demonstrates that the superrich still have choices to make and can indeed lower their environmental impact if they so choose.

His estimated footprint from the assets we looked at was 2,084 tons in 2018.

The value of naming and shaming

The aim of our ongoing research is to get people to think about the environmental burden of wealth.

While plenty of research has shown that rich countries and wealthy people produce far more than their share of greenhouse gas emissions, these studies can feel abstract and academic, making it harder to change this behavior.

[ Like what you’ve read? Want more? Sign up for The Conversation’s daily newsletter .]

We believe “shaming” – for lack of a better word – superrich people for their energy-intensive spending habits can have an important impact, revealing them as models of overconsumption that people shouldn’t emulate.

Newspapers, cities and local residents made an impact during the California droughts of 2014 and 2015 by “drought shaming” celebrities and others who were wasting water, seen in their continually green lawns . And the Swedes came up with a new term – “ flygskam ” or flying shame – to raise awareness about the climate impact of air travel.

Climate experts say that to have any hope of limiting global warming to 1.5 degrees Celsius above preindustrial levels, countries must cut their emissions in half by 2030 and eliminate them by 2050.

Asking average Americans to adopt less carbon-intensive lifestyles to achieve this goal can be galling and ineffective when it would take about 550 of their lifetimes to equal the carbon footprint of the average billionaire on our list.

• Climate change
• Carbon emissions
• Carbon footprint
• Paris Agreement
• Billionaires
• Roman Abramovich

Associate Professor, Occupational Therapy

GRAINS RESEARCH AND DEVELOPMENT CORPORATION CHAIRPERSON

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Faculty of Law - Academic Appointment Opportunities

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An open letter to Melinda French Gates

Editor’s Note: This article is purely satirical and fictitious. All attributions in this article are not genuine, and this story should be read in the context of pure entertainment only.

To Ms. Melinda French Gates,

As a proud member of the Stanford community, I am respectfully shocked by the University’s decision to appoint you as the Commencement Day speaker for the Class of 2024. The decision, and your acquiescence, reflects not only an unwillingness to measure the opinions of the student body but also an eagerness to endorse the systems of wealth that established your public position.

By speaking at Commencement, you will demonstrate to our graduating class that success in America is determined not by hard labor or entrepreneurial spirit, but by proximity to enormous wealth. After all, Ms. Gates, your philanthropic platform, although ostensibly committed to “giving charitably,” benefits directly from investment assets accrued mercilessly in the private sector. You pursue noble humanitarian causes, often in lower-income and Third World countries, although your wealth is generated on the backs of cheap labor employed in those countries. You are speaking at the graduation of your own daughter, yet you do not recognize the incredulity of that situation, nor that you profit from a culture of sustained privilege and institutional elitism.

Ms. Gates, you are the epitome of unearned affluence. Even your maiden name, “French,” contains Eurocentric and colonial undertones that have no place in the modern world. It is a disgrace that you will soon speak to aspiring self-made entrepreneurs about how to navigate life after graduation, when your own lifestyle was not in any way earned by your merits. Ms. Gates, it is time you acknowledged that your immense wealth was bestowed upon you by none other than Bill Gates, your husband. Er … I mean … ex-husband.

Wait a minute. Can we try this again?

To the newly single Melinda French Gates, 

As a proud member of the Stanford community, I am respectfully thrilled by the decision to elect you Commencement speaker for the Class of 2024. The decision, and your acquiescence, has made me pee a little from excitement. In fact, I volunteer to personally show you around campus.

Please do not assume that I am pining after you in a pathetic attempt to marry into your immense wealth. Rather, I am expressing my deep approval of the decades of experience that you will bestow upon our graduating class as they embark on … oh, who cares. Did you know I’ve been working out? Yeah, I’m not like those software engineers that you’re used to, ‘cause I lift free weights. I’m talking tens, or even hundreds of pounds. Have you ever seen someone bicep curl an entire 2003 Windows Vista Computer Companion Keyboard? Do you wanna?

It’s great that you’ve directed your considerable power toward humanitarian causes, because I, too, care about improving people’s lives. Specifically, my own. Do you have any idea how much street cred a guy gets for marrying Melinda French Gates? I’ve been needing the clout ever since I posted an Instagram story listing my least favorite songs from “Hamilton” and ended up getting blacklisted from several law schools in the process. But you and I, we’d be a power couple. Between us, we’ve got hundreds of millions of dollars, a platform for transformative social impact, global respect and prestige and a starter coupon from P.F. Chang’s that I found in my dorm’s common room a few weeks ago. We’d be unstoppable!

Some have pointed out that you’re speaking at the graduation of your own daughter, a member of the Class of 2024. Now, she might be initially taken aback by our situation. Over time, however, I’m sure she will come to view me as a cool, mysterious stepfather who is only a few years younger than her. I could even take her out to bonding activities, like mini-golf, or speculative birding, or other things that cost less than $40 per person. But, y’know, if you have any spare yachts lying around, that would work too.

I can’t wait to hear your speech, because I really can’t stop thinking about you. Even your maiden name, “French,” contains irresistibly romantic European undertones. After your speech, maybe we could fly to Paris for a candlelit dinner by the Seine. I’ll pay, as long as you reimburse me afterward, because I really can’t afford that kind of thing. Does your Foundation happen to budget for passionate transatlantic getaways?

Ms. Gates, I believe you are the ideal candidate to be our Commencement speaker for the Class of 2024. More importantly, however, I believe you are the ideal life partner. And I know I’m not the perfect guy — but what I lack in riches, I make up for in sheer desperation. So in no uncertain terms, I beg you: This Commencement, open your mind to the possibility of commencing something new. Something beautiful, and sweetly romantic. Something … like a charity … of love.

If not, I’m off to flirt with Bill.

Sachin Singh is the Vol. 265 Managing Editor for Humor. He is from Santa Clara, CA and Bangalore, India, and enjoys reading and going outside.

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