Microsoft billionaire Bill Gates has reportedly purchased a 228-acre horse farm in Rancho Santa Fe, California, the Wall Street Journal reports. According to property records, the purchase price was a cool $US18 million.
The estate formerly belonged to weight-loss expert Jenny Craig, who initially listed the property for $US30 million several years ago.
The property, known as the Rancho Paseana, includes a 3/4-mile racetrack, guesthouse, office, veterinarian’s suite, orchard, and five barns.
Gates’ daughter Jennifer regularly participates in equestrian competitions, and the family owns another horse farm in Wellington, Florida.
Rancho Paseana is located about 20 minutes north of San Diego, in a valley in Rancho Sante Fe, California.
Business Insider Emails & Alerts
Site highlights each day to your inbox.