Microsoft mogul Bill Gates is saddling up in Palm Beach County.
According to a report, the second richest man in the world recently shelled out $8.7 million on a waterfront equestrian estate in the affluent village of Wellington, FL. Gates purchased the Mediterranean-style horse ranch after he and his family rented the property last year.
The estate offers four bedrooms, four baths and 7,234 square feet – quite a difference from the Microsoft founder’s high-tech, ultra-modern, 50,000-square-foot spread on Lake Washington. In addition to its living accommodations, Gates’ latest real estate purchase boasts horse-friendly amenities ranging from a 1.78-acre riding field to 20-stall barn to a show-jumping arena.
QUICK INFO ABOUT BILL GATES
William Henry “Bill” Gates III (born October 28, 1955) s an American business magnate, investor, programmer, inventor and philanthropist. Gates is the former chief executive and current chairman of Microsoft, the world’s largest personal-computer software company, which he co-founded with Paul Allen. According to the Bloomberg Billionaires List, Gates is the world’s richest person in 2013, a position that he last held on the list in 2007. Gates stepped down as chief executive officer of Microsoft in January 2000. He remained as chairman and created the position of chief software architect. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work, and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief software architect, and Craig Mundie, chief research and strategy officer.