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.