Bill Gates buys $18 million horse farm in California

Bill Gates is the new owner of a magnificent estate, located only 20 minutes away from San Diego, in Rancho Santa Fe. The property has previously belonged to the famous weight-loss guru, Jenny Craig and it was acquired for $18 million.

According to Jason Barry from Barry Estates, Ms. Craig had trouble finding a buyer that would maintain the charm of the property intact.

Since Jennifer, Gates’s daughter has a deep passion for horseback-riding and enjoys visiting the San Diego area for many years with friends and family, the multi-billionaire Microsoft guru decided to purchase Rancho Paseana, Craig’s 229-acre horse farm without much fuss.



The property encompasses several barns, a threequarter-mile race track, a veterinarian compound and an olive orchard and a guest house.



Gates’s intention is to turn it into a grand prix circuit for hunters and jumpers: “I was happy that the buyer is someone who can afford to turn it into the showplace it was meant to be. It will be kept as a horse barn so the neighbours will be thrilled … the person who bought it will make it like it can and should be.”