(NEWS) Bill Gates Buys Jenny Craig's California Horse Ranch

                         The ranch that Bill Gates bought from Jenny Craig includes four 30-stall barns.

Bill Gates and his daughter, Jennifer GatesBill Gates, who made personal computersaccessible to the masses, has bought a California horse farm from Jenny Craig, who made weight loss achievable by the massive.

U-T San Diego reports that Gates paid $18 million for Rancho Paseana, a 229-acre horse farm in Rancho Santa Fe, in San Diego County. Gates' teenage daughter, Jennifer, jumps horses competitively, and Gates reportedly plans to turn the ranch into a gran prix circuit for hunters and jumpers. The Microsoft co-founder and one of the country's richest men, also owns a property nearby in the Del Mar County Club.

"The family has enjoyed visiting the San Diego area with friends and family for many years ...," U   -T San Diego quoted a spokeswoman for the Gates family as saying. Craig reportedly said, "I was happy that the buyer is someone who can afford to turn it into the showplace it was meant to be."

The property includes:

   ·   a three-quarter-mile dirt training track.

   ·      four 30-stall barns.

   ·      rehab equipment for injured horses.

   ·      two apartments.

This isn't the first time that Gates, reportedly worth $81 billion, has indulged his daughter's love for horses. The Huffington Post reported that he paid $8.7 million for a Palm Beach County, Florida, house near Wellington's Equestrian Festival, where Jennifer is a show jumper.