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Fri Dec 14, 2012, 07:10 AM

 

Bill Gates spends $1 million on mansion, jets so 15 y/o daughter can compete in equestrian event [View all]

Bill Gates has indulged his teenage daughter's love of horse riding by spending $1million on a rented mansion close to an equestrian festival.

Jennifer Gates, 15, was pictured showing off her horse jumping skills at the weekend during an equestrian show in Palm Beach, Florida.

Her father, America's richest man, was said to have rented a 7,300 sq ft house with eight bedrooms and its own equestrian facilities for $600,000. The property in Wellington, Florida is worth $12.9million.

The billionaire Microsoft founder was said to have signed a six-month lease on a palatial premises so that his daughter can compete in the event over spring break.

Gates then leased four, elite jumping horses for $50,000 to $75,000 each for the girl to ride. Another $50,000 has been forked out on stables along with hiring the best trainers.

On top of this, there have been three private jet trips to ferry the family back and forth to Washington State, where their main residence sits on the edge of Lake Washington in Medina.


Read more: http://www.dailymail.co.uk/news/article-2120584/Bill-Gates-blows-1m-daughter-Jennifer-15-horseriding.html#ixzz2F1lQA0QP


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