Bill Gates bought land in Arizona to build a "smart city" and compete with Silicon Valley
Belmont Partners, one of the investment companies of the founder of Microsoft Bill Gates, invested $ 80 million in the purchase of 10 thousand hectares of land in Arizona, west of Phoenix. There, Gates is going to build a "smart city" called Belmont. According to Sky , a total of 3800 acres will be occupied by offices and retail space, and another 470 acres will be placed educational institutions, and 80 thousand acres will be given for residential development.