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Despite Bill Gates’ $130B Net Worth, Equestrian Daughter Had Limited Access To His Wealth: “Not Ours”

Published 03/21/2024, 9:15 AM EDT

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Bill Gates once said that his kids will have to “find their own way,” and that is exactly what his daughter Jennifer is doing. She has excelled in the equestrian realm and was recently accepted into a pediatrics research program at Mount Sinai Hospital. Despite being the daughter of a billionaire philanthropist she has forged her own path, and it has a lot to do with her upbringing.

Growing up as the eldest of the Gates children in a household of immense wealth, Jenn opened up about how her parents taught the children about their privilege and how it shaped her.

Jennifer Gates opens up about how Bill Gates and Melinda French Gates raised her

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Jennifer Gates was invited to The PedsDocTalk Podcast, in the episode titled, Finding Joy, where she discussed the topic of paving her own path with host Dr. Mona Amin, a board-certified pediatrician. In the 32-minute episode, she delved into topics such as the role her parents played in her upbringing, her search for personal identity and purpose, and her aspirations for her daughter’s upbringing. One moment stood out when Jenn Gates discussed how, despite growing up with privilege, her parents kept their family grounded and humbled.

Dr. Amin asked her, “You’ve grown up amongst the success and wealth, how do you stay grounded?” On this, Jennifer opened up and said, “I really honestly have imposter syndrome, that I am in this position almost every day. Both in terms of medical school, that I am about to graduate and that I came from the family, that I did. And a lot of that starts with my parents. Growing up, it was always very clear that the environment you lived in and the wealth that you’re surrounded by was not ours; it wasn’t something that was our God-given privilege; it was a place we were lucky to be in.”

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She said even though it would make a child feel like the environment where they grow up isn’t for them Jennifer added, “It prevented us from feeling like that it was something that was our right. To have a nice house, to fly in these planes.”Jennifer Gates further revealed how she was grateful for her parents instilling this thought process in her.

She continued, “I’m grateful that they instilled those values in us. We had a weekly allowance we were kinda told that we’ll be on our own when we grew up, so lots of things like that.” Bill Gates had previously stated how his children will inherit a small portion of his $130.5 billion wealth.

In 2011, in an interview with Daily Mail, the founder of Microsoft said his kids would each get a “minuscule portion” of his wealth, and “it will mean they have to find their own way.” Indeed, Jennifer has found her own way with her educational and career pursuits.

Her educational and career pursuits

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Jennifer Gates has made remarkable strides in both the equestrian world and her education. She developed a passion for horses at a young age, becoming a professional show jumper and achieving notable success. Beyond her equestrian career, she is also a co-owner of Evergate Stables, an international show jumping facility that she runs alongside her husband, Nayel Nassar.

In terms of education, Jenn earned a Bachelor of Arts degree in Human Biology from Stanford University. Following her undergraduate studies, she pursued further education at the Columbia University Mailman School of Public Health, where she obtained a Master of Public Health (MPH) degree. Additionally, she pursued a Doctor of Medicine (MD) degree at the Icahn School of Medicine at Mount Sinai.

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Throughout her academic journey, Jenn was involved in volunteer work, notably at the Crisis Clinic from April 2011 to January 2014. Reflecting on Jennifer Gates’s journey, particularly her recent acceptance into the residency program at Mount Sinai Hospital and choosing a career different from her parents, it’s clear that she is forging her path despite her family’s wealthy background.

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Written by:

Christaline Meyers

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Christaline Meyers is a senior Olympics writer at EssentiallySports who specializes in gymnastics and alpine skiing. Christaline is one of the acclaimed authorities in the coverage of 6x All-Around champion, Simone Biles. She has written extensively, covering every detail of Biles’s life stories as well as providing her perspective on Simone Biles’ Yurchenko Double Pike controversy.
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Edited by:

Suman Varandani