Bill Gates has rented a $600,000 per month home in Wellington, Florida so that his eldest daughter can be close to the Winter Equestrian Festival and for the entire family to stay over the winter, reports say.
Gates' daughter Jennifer is apparently an equestrienne on the junior circuit and plans to compete in show jumping at the Winter Equestrian Festival in West Palm Beach, which runs January to April, according to SFGate, home of the San Francisco Chronicle.
Last edited by Mike Matson; Oct. 14, 2011 at 12:21 PM.
"No matter how well you perform there's always somebody of intelligent opinion who thinks it's lousy." - Laurence Olivier
Pretty cool how much the gates foundation gives back. I'm glad he's stimulating the horse economy
Sidelines had an interesting blog post last week or earlier this week, can't remember now. Here it is! It was about Bill Gates moving into the neighborhood, and how much his foundation was funded on his own pocket change.
He made the money. He can spend it as he likes. It's very close to the show grounds, his daughter can probably hack there easily on the days she competes. That's worth $$.
Who puts such a large house, barn, and arena on five acres of land? The property itself must be worth a fortune; but where is the privacy on five acres?
Believe it or not, in that part of Wellington, five acres is a relatively large piece of property. Many places there have a house, barn, ring, etc. on even less land. If they want privacy, they plant tall hedges.
Maybe it's their first time at WEF, and they want to see if they like it before they think about buying property. Who knows?
As others have said, they can spend their money as they see fit. It will help the local economy, anyway. Hopefully they will enjoy themselves and come back the next year!
NO beef at all with the Gates, they made their fortune , they give back in so many ways so they can spend it as they please! I hope they enjoy their winter!! And if they need any barn help they can call me !! I would have happy to muck their stalls LOL!!