Bill Gates Buys Home for $8.7 Million in Palm Beach County
After spending their second winter in South Florida's horse country, Bill and Melinda Gates paid cash for their new home located in the small village of Wellington, a town known for attracting wealthy horse enthusiasts.
Located in the exclusive Mallet Hill section of Wellington, the four-bedroom home is one of only 13 homes in the subdivision. The sprawling estate is near the Equestrian Preserve, a 9,200-acre area with 60 miles of bridle paths designed especially for horses.
The Gates' teenage daughter, Jennifer, has competed in the Winter Equestrian Festival and the new property, complete with training grounds and horse barns, will provide the perfect place for her to train to become a world-class show-jumping rider.