Who is Jennifer Katharine Gates?
Jennifer Katharine Gates was born on 25 April 1996, in Bellevue, Washington State USA, and is a professional equestrian, but probably best known for being the daughter of billionaire Bill Gates, the principal founder of the Microsoft Corporation, and currently the second richest person in the world behind Jeffrey Bezos.
The Net Worth of Jennifer Katharine Gates
How rich is Jennifer Katharine Gates? As of early-2019, sources estimate a net worth that is at $20 million, mainly through the success of her father. However, she will not be inheriting his estimated $96.6 billion wealth as he has made a promise to give away 97% of his life earnings through charities. However, as she continues her endeavors, it is expected that her wealth will also continue to increase.
Early Life, and Education
Jennifer Katharine Gates was born the eldest of three children of Bill Gates from his marriage to Melinda French. She has a younger brother and sister, and they waere raised Roman Catholic similar to her mother. She was accustomed to the wealth that she had grew up with thanks to her father’s success.
Very limited information is available about her education but it is known that she was sent to private schools, and after matriculating she enrolled at Stanford University in California, and completed a degree in biology. Since college, she began training her physique privately for equestrian endeavors, and spent her free time in her parent’s home located on the shore of Lake Washington near Seattle. Her parents did her best to move her life away from the spotlight despite the fame and prestige her father had attained.
Since she was young, Gates was already highly interested in horse riding, and loved taking care of horses. She learned how to ride when she was a child and decided that this was a path she could pursue professionally. She has participated in several competitions including the 2018 Longines Global Champions Tour, and owns her own horses. To help her train, her father bought property in Wellington, Florida, building an equestrian training ground to help develop her skills and take care of the horses. Since she entered the sport at such a young age, it was her father who took care of most of her expenses.
It was even reported at one point that her father spent around $1 million to rent a manor near the Winter Equestrian Festival to help his daughter be closer to the event in Palm Beach, Florida, and also to ensure that she had enough space to help continue practicing her skills. Her events have had her competing against people from all around the world, and as many as 2800 riders. She is ranked by the US Equestrian Federation as 19th in show jumping. When not working on upcoming equestrian events, she mostly helps out with her parents with charitable endeavors.
Father – Bill Gates
Bill Gates launched Microsoft alongside Paul Allen in 1975, not knowing that they would become the world’s largest PC software company. He served as the chief executive officer of the company for the next 25 years, stepping down in 2000, but remaining as the chairman of the company, and also creating the position of chief software architect, placing himself in the company’s structure. In 2006, he made the announcement that he would be shifting to more of a part-time role with the company, to have more time for the Bill & Melinda Gates Foundation.
Eventually he transferred his duties to other people and stepped down from his position in 2014, instead becoming the technology adviser to CEO Satya Nadella. Bill is one of the world’s best known entrepreneurs responsible for the popularity of the personal computer, although he has also been criticized for his business practices which are considered anti-competitive. Since the late 1980s, he has been on the list of the world’s wealthiest people, and was the world’s richest person from 1995 to 2017 in all but four of those years. Since leaving his company, he has focused more on philanthropic endeavors, pledging to give at least half of his wealth to charity.
For her personal life, it is known that Jennifer Katharine is in a relationship to professional equestrian and show jumper Nayel Nassar, who is of Egyptian descent; two met while studying at Stanford University, and have been together since 2017, recently celebrating their second anniversary. They kept their relationship a secret for a year before announcing to the public that they were a couple. Nasser is also an equestrian, and the pair have appeared in several competitions together.
She dedicates a lot of her time and resources to animal welfare initiatives, as she apparently loves most animals, and owns a pet dog. She is known for following her parents’ footsteps when it comes to philanthropy and sup,ported the EQUUS Foundation which aims to keep working horses safe. She participated in the event “Ride for Our Lives” with the aim of ending gun violence in schools. She also supports other organizations that cater to horses, donkeys and mules around the world. In 2018, she participated in the Sunset Polo and White event in Wellington, Florida, raising funds and awareness for Brooke USA. Similar to other philanthropists and equestrians, she is active online through several social media accounts.