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Bill Gates Wants To Invest $80M In Building A ‘Smart City’

A company owned by Gates has put down an interest in a large plot of land outside of Phoenix, Arizona.

A firm run by Microsoft co-founder Bill Gates is looking to invest over $80 million on a plot of land in Maricopa County to build a ‘tech city’, according to a recent article by the Arizona Central. The 24,800-acre space has been purchased by Belmont Partners Inc. – a real estate investment firm owned by Cascade Investments Inc. who’s significant investor is Microsoft’s Gates.