Aerial view the Rancho Santa Fe ranch owned by Jenny Craig, now being sold to Bill Gates. The property includes ...

From the utsandiego.com:

Microsoft founder Bill Gates has purchased weight-loss icon Jenny Craig’s 229-acre thoroughbred training center in Rancho Santa Fe, which he plans to turn into a grand prix circuit for hunters and jumpers.

Gates, whose teenage daughter jumps horses competitively, paid $18 million for the facility in a deal that closed Sept. 12. It’s one of the highest prices secured for a property this year in San Diego County, where Gates also owns a home in the Del Mar Country Club.

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