Bill Gates Reportedly Dropped $18 Million On This Southern California Horse Ranch
WorldEconomicForum/Wikimedia Commons, Facebook.com/hiltonhyland
The estate formerly belonged to weight-loss expert Jenny Craig, who initially listed the property for $30 million several years ago.
The property, known as the Rancho Paseana, includes a 3/4-mile racetrack, guesthouse, office, veterinarian's suite, orchard, and five barns.
Gates' daughter Jennifer regularly participates in equestrian competitions, and the family owns another horse farm in Wellington, Florida.
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