America’s richest man now calls Florida his winter home. Like millions of other snowbirds, Microsoft founder Bill Gates is expected to winter here with his family now that he owns an equestrian property in Wellington, just west of Palm Beach. Gates rented houses for the past two winters for a total of $1.1 million but eventually signed off on the purchase of a four-acre property with a 7,200-square-foot crib and two barns for 20 horses. His teenage daughter, Jennifer, is training for show-jumping competition at the nearby stadium. According to Palm Beach County records, the property went for $8.7million, a relatively paltry sum for someone with $67 billion to his name. The deed is in the name of a secretive trust whose trustee is Bill McCaughan, a partner at the Miami branch of Seattle-based K&L Gates, a law firm founded by Gates’ dad. “I have no comment about this purchase,” McCaughan said. Residents include: New York Mayor Michael Bloomberg; new arrival Frank McCourt, who recently sold MLB’s Los Angeles Dodgers for $2.1 billion; and Sulhail Rizvi, a private equity banker whose firm owns the rights to The Twilight Saga.
Thanks for checking out our new site! We’ve changed a ton of stuff, and we’d love to know what you think.Email feedback
- No posts yet
4 ways to avoid a Thanksgiving dinner disaster. (One of them is eating out)
Parking in Miami on Black Friday? It’s not impossible with these useful tips.
Trump halted traffic for his Thanksgiving visit, so people started twerking
These are South Miami’s most impressive restaurants for date night
Let's make this friendship official.
Art Basel Miami Beach is usually the week after Thanksgiving. But not this year.
It’s the season to get tipsy. Here are the cocktails that make our holidays happy