Tags: Bill | Gates | Florida | rental

Bill Gates Drops $600K On Florida Rental

By Ted Goldenberg   |   Monday, 10 Oct 2011 07:07 PM

America’s richest man, Bill Gates, has agreed to rent a house in South Florida for $600,000. The Microsoft boss plans to spend the winter with his wife, Melinda, and their three children in the equestrian community of Wellington, reports Gossipextra.com.

Gates’ eldest daughter, Jennifer, is an avid horse jumper. The 15-year old is on the junior circuit and is expected to compete in a local equestrian festival.

According to Palm Beach County records, the home sits on about five acres and features a barn, a horse training area and a massive wine cellar. It’s also right around the corner from the Palm Beach International Equestrian Center and International Polo Club.

Gates will live just down the street from a home owned by New York Mayor Michael Bloomberg. Gates’ rental is currently owned by a local developer who’s been trying to unload the property for years. It is currently listed for just under $13 million.

Madonna flirted with the property last year, but bought a farm in New York instead. Bruce Springsteen has also owned property in the area.

The Gates family will occupy the 7,300, eight-bedroom home from December through May.

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