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This Week In Things We Cannot Afford…

It’s the weekend! Maybe you’ll do a bit of shopping—pick up that lightweight Baker you’ve been eyeing for your horse or maybe splurge on a twinset for yourself. Or, if like Bill Gates and Mark Bellissimo you’ve got a few million burning a hole in your pocket, perhaps it’s time to pick up a new property or five.

Here’s the latest in the Wellington edition of Monopoly.

Bill Gates is buying a house street 

Neighbours getting on your nerves? Bill Gates has a solution for that. Gossip Extra reports that America’s richest man is in the process of buying an entire street in Wellington, Florida. The Microsoft founder, who has spent the last three winters at his ranch on Mallet Hill Court, is said to be closing on two of his neighbours’ properties this month and negotiating for three vacant lots across the street. Traffic problem solved.

Mark Bellissimo adds a Polo Club to his real estate portfolio

Wellington Equestrian Partners, of which Mark Bellissimo is CEO, has reached an agreement to buy the International Polo Club in Wellington—all 248 acres of it. It’s the latest property offloaded by a trust affiliated with imprisoned polo mogul John Goodman and the second purchased by Bellissimo. Earlier this year, the equestrian entrepreneur dropped $6.8 million on The Wanderers Club, an 18-hole golf course previously owned by Goodman.

Wellington Equestrian Partners pick up a new lawsuit

It’s not property, but it’s expensive! Wellington Equestrian Partners filed suitFriday against Stadium Jumping and members of the Jacobs family for alleged violations of a non-compete clause signed by both parties in a 2007 settlement. The lawsuit stems from the show jumping event held at the Jacobs’ Deeridge Farm in Wellington last month. Wellington Equestrian Partners owns and operates Palm Beach International Equestrian Center, host of the 12-week Winter Equestrian Festival that runs during the same period.

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