Microsoft founder Bill Gates decided to buy a home in Palm Beach County, after renting homes in Wellington for a total $1.1 million for two winter seasons. He paid $8.7 million in cash for the five acre home, complete with horse barns and show jumping training grounds.
Located in the prestigious Mallet Hill section of Wellington, the neighborhood only has 13 houses, including New York City Mayor Michael Bloomberg's home.
By Kara Franker
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