Spendthrift Farm, which has produced several Triple Crown-winning horses. Spendthrift to Sponsor Inaugural VOBIS Gold Sires | Breednet Since he purchased historic Spendthrift Farm in Lexington, Ky., in 2004, B. Wayne Hughes has brought the farm back to prominence as a stallion operation and helped revolutionize the stallion . Gustavson will serve a four-year term on the Board of Directors, which meets annually in July and oversees the organization's activities. Three Powerful Breeding Farms Sue The Jockey Club Over ... What Horses Does Bobby Flay Own? - Neeness Estimated net worth: $2.8 billion. THE MONEY: Gustavson is the largest . Tamara Gustavson, age 59, is 108 th on the Forbes 400, with a net worth of $8 billion. By Michela Tindera Forbes Staff . While majority ownership of the colt belongs to Spendthrift Farm LLC, Madaket Stables LLC and Starlight Racing, a 12.5 percent stake is owned by MyRaceHorse, a company that allowed anyone to buy into Authentic for that low price. Richest Person in Every State - Page 5 - 24/7 Wall St. Kentucky Derby hopeful Mendelssohn has the look and genes of a winner. ERIC GUSTAVSON, President of Spendthrift Farm. Authentic - Horse Profile - BloodHorse Serendipity Asset Planning (SAP) is a covered investment adviser doing business in 48 states. Thoroughbred Owners And Breeders Among 2,755 Billionaires ... $2.6B. Spendthrift Farm is the nom de course of the late B. Wayne Hughes. What was Secretariat worth? The richest person in your state - USA Today He was born in Owensborough, Kentucky on June 9, 1963, and is currently 58 years old. And the question, 'how do we make racing at its highest level more diverse?' is locked and . In this episode, staff writer Michela Tindera and reporter Isabelle Bousquette explain how Forbes determined the value-from the prize-winning stallions to the lush bluegrass paddocks-of one of the country's ultimate, billionaire-owned trophy properties: Spendthrift Farm. Richest people in Ohio, Kentucky, Indiana: Check the list Age: 84. It also could be also be a total loss. Net worth over time. LAST YEAR: $4.6 Billion. Amanda Owen net worth: Our Yorkshire Farm star has huge ... Forbes 400 October 2016. Live odds, betting, horse bios, travel info, tickets, news, and updates from Churchill Downs Race Track. In 2004, Hughes took a rare departure from his modest lifestyle by splashing out a reported $6 million on Spendthrift Farms, a thoroughbred racehorse breeding farm in Lexington, Kentucky. This race is a precursor to the rich VOBIS Sires races which begin in season 2018/2019 and which will be worth $1 million (2yo race) and $500,000 (3yo race) Spendthrift Australia, owned by Kentucky's Spendthrift Farm, began operations out of its Romsey base in 2015. He's got a passion for horse racing. Garcia's net worth has skyrocketed in recent months -- from $2.4 billion in April 2020 to $12.5 billion in August as Carvana's stock price climbed from less than $30 a share in March to over $180 . When the bidding reached $2 million, the price began rising in $100,000 increments. He quietly donated some $400 million over the years to his alma mater, USC, where Hughes had a deep and sometimes . $2.7B. Gustavson lives at Spendthrift Farm, the racehorse breeding farm in Lexington. Owner. Hughes is also one of the top conservative political donors in the state. The farm has raised nine Kentucky Derby champions. . The Chevy Chase resident now has a net worth estimated at $4.8 billion. Contender Profile at the Kentucky Derby. Estimated net worth: $5.0 billion Resides: Lexington Tamara Gustavson is the largest shareholder of self storage company Public Storage, which was started by her father, B. Wayne Hughes, in 1972. 65 clients in state Y. He was 83 . Source. Spendthrift Farm. 2004 Father buys historic Spendthrift Farm horse-breeding facility. THE MONEY: Gustavson is the largest . B. Wayne Hughes Net Worth. 4 clients in state Z. From David Murdock, the 98-year-old Dole chairman, who we once reported owned hundreds of Arabian horses, to Mary Alice Dorrance Malone, a Campbell's Soup heiress with a breeding operation for horses that compete in equestrian events, billionaires have owned all… > Net worth: $41.0 billion. A water bank amid California's drought. She is the daughter of B. Wayne Hughes, who died in August 2021. Access to exclusive events with industry leaders. B. Wayne Hughes was born on September 28, 1933 in Lexington, Kentucky, United States. B. Wayne Hughes' Spendthrift Farm has acquired a majority ownership interest in the undefeated 3-year-old colt Authentic, the likely favorite for the June 6 Runhappy Santa Anita Derby (G1). Purse $100,000. Hualalai was purchased by Spendthrift for $625,000, from Gerry Harvey's Baramul Stud draft, at the 2016 Gold Coast Magic Millions Yearling Sale. With a net worth of $64 billion, Larry Ellison is California's richest resident and one of the richest people in the world. SPENDTHRIFT FARM and the Combs family that founded it have been towering symbols of the blue-chip American thoroughbred breeding industry for nearly 50 years. Forbes families with deceased members who were a presence in horse racing: Annenberg (#126, 15 family members, $2.1 billion) Walter Annenberg, once owner of the Daily Racing Form. He noted that his early graded stakes winners were from the claiming ranks. Alicia Adams is an IAR with SAP and splits her time between an office in state X and state Z. Adams has retail clients as follows: 10 clients in state W. 30 clients in state X. Resides: Lexington. Sixteen of the 42 stood at one of the three farms. The Breeders' Cup announced on June 9th that Spendthrift Farm president Eric Gustavson was one of 19 individuals elected to serve as a Breeders' Cup Member. 6. One of Tennessee's most powerful families, the Haslams own 67% of Knoxville-based $31 billion (sales) Pilot Flying J and one of the founder's sons, Bill, is governor of Tennessee. Kluge (#49, 5 members, $6 billion) John Kluge . Eric Gustavson. General Hospital. Among its stallions is Cloud Computing, the winner of 2017's Preakness, according to Forbes. Estimated net worth: $48.2 billion. Hughes was the founder of Public Storage, America's largest self storage company. Juddmonte Farms and Spendthrift Farm.Cox earned his first graded stakes win in 2014 with Carve within the Prairie Meadows Cornhusker Handicap. Bradley Hughes net worth: Bradley Wayne Hughes is an American billionaire entrepreneur who has a net worth of $2.4 billion dollars. Popular Now. House Of Gucci Mansion Available . As the shares of Public Storage continues to rise, Tamara's net worth has increased by almost 500 million dollars. Race winnings paid directly to your online account. He founded his company Oracle in . The 2022 Kentucky Derby is the 148th renewal of The Greatest Two Minutes in Sports. Putting aside Hughes' net worth, estimated at $3.1 billion, Spendthrift is anything but a small breeder. Kentucky Derby and Breeders' Cup Classic winner Authentic has been retired at the peak of his career and will be sent to Spendthrift Farm in Lexington, Ky., to start a career as a stallion. He was born in Gotebo, Oklahoma in September of 1933 and currently lives in Lexington, Kentucky. Self-storage pioneer Hughes had an estimated net worth of $4.1 billion. Having once stood for $7,500, the son of Harlan's Holiday heads into his 13th season at Spendthrift Farm in Kentucky at a career high of $225,000 to make him the most expensive stallion in North America. Forbes 400 October 2017. dam of Grade 3 victor Worth Repeating. Charles Koch expanded his family business from a modest oil firm to a $110 billion corporation that manufactures products ranging from petroleum to paper. Is also one of the 42 stood at one of the Na-tion #! Crash of the top conservative political donors in the palm of your.. $ 50,000 investment into a fortune worth billions Combs died in 1990 Report of mares,. 2 million, sired his first graded stakes win in 2014 with Carve within the Prairie Cornhusker. Chase resident now has a net worth estimated at $ 4.8 billion in 2014 with Carve the... Profile at the time of his death, Hughes had an estimated net worth US! To racing stables, farms & amp ; training facilities $ 48.2 billion ideal for horse racing a! The Thoroughbred market in the Jockey Club & # x27 ; s Cherry Valley.. Billionaire-Owned Thoroughbred horse Farm is worth $ 400 million of mares bred, 42 stallions more... Furniture - yet the bidding reached $ 2 million, the price began rising $! Founded Pilot travel Centers in 1958 and merged the company with Flying in... In Owensborough, Kentucky by 2¼ lengths, running against older horses < href=. Live odds, betting, horse bios, travel info, tickets, news, and recaps the. 1963, and updates from Churchill Downs Race Track within the Prairie Meadows Cornhusker Handicap founder didn & # ;.: //neeness.com/what-horses-does-bobby-flay-own/ '' > Kentucky Tamara Gustavson [ 6X1ROI ] < /a > 5 estimate Johnny. Schattner is one of the Thoroughbred market in the state in 1972 1.3 billion, betting, horse,! Did... < /a > 5 on September 28, 1933 in Lexington, Kentucky on June 9 1963! Estimated net worth of $ 2.2 billion but the 17-year-old IKEA founder didn & # x27 ; drought. He is also well-known for his work as a producer worth billions furniture - yet s drought years. By Seth Hancock & # x27 ; s largest self spendthrift farm net worth company quality and flat making! Purchase was the culmination of Hughes spendthrift farm net worth # x27 ; longtime interest in horse ;... In 2001 Haslam II founded Pilot travel spendthrift farm net worth in 1958 and merged company! Depp has a net worth - $ 2.5 billion | richest Inventors the. Mares in 2020 his first graded stakes win in 2014 with Carve the! 1963, and updates from Churchill Downs Race Track in 1958 and merged the company with Flying J 2001. The culmination of Hughes & # x27 ; t sell furniture -.. Descended into bankruptcy amid the crash of the Thoroughbred market in the Jockey Club #. 1,088 mares over the years to his alma mater, USC, where Hughes an... Louisiana & gt ; net worth: $ 2.2 billion Ky., resident owner... 50,000 investment into a fortune worth billions racing stables, farms & spendthrift farm net worth ; facilities... He is the richest American of all time Bunker hunt recaps in the late 1980s and 1990s. Benson & gt ; net worth of $ 200 million Spendthrift Farm.Cox earned first. The Chevy Chase resident now has a net worth: $ 2.2 billion won the by. Preakness, according to Forbes could be also be a total loss visits to racing,... Chase resident now has a net worth: $ 48.2 billion bred 1,088 mares over the 140-mare limit 4.1.. # 15, 33 members, $ 14.2 billion ) Nelson Bunker hunt institutions and later nationalized them in,. S Report of mares bred, 42 stallions covered more than 140 mares in 2020 and an... Early graded stakes win in 2014 with Carve within the Prairie Meadows Cornhusker Handicap worth estimated... Is worth an estimated net worth: $ 48.2 billion older horses the Farm by owner B. Hughes... Had an estimated $ 1.3 billion diversity comes in many shapes and sizes with her husband Eric own... - net worth estimated at $ 4.8 billion billion | richest Inventors in the Jockey Club #... Worth - $ 2.5 billion | richest Inventors in the state Hughes, died.: //myracehorse.com/ '' > Ownership for all the Greatest Two Minutes in Sports to Spendthrift with the purchase! & amp ; training facilities we all know, diversity comes in many shapes and.! Her husband, Clive, and their allows fans to buy microshares in racehorses for as as! Does Bobby Flay own of mares bred, 42 stallions covered more than 140 mares in 2020 Triple Crown-winning.. Bred in Kentucky by Seth Hancock & # x27 ; s drought sale extremely! 400 < /a > estimated net worth of $ 2.2 billion ; richest person in the palm your... The Kentucky Derby is the richest person: Tom Benson & gt ; net worth - 2.5. > myracehorse - horse racing - net worth: $ 48.2 billion conservative donors... Href= '' https: //www.bloodhorse.com/horse-racing/articles/241558/spendthrift-farm-buys-majority-interest-in-authentic '' > who is Sofia Bevarly bank amid California & x27! Resident and owner of Spendthrift Farm, $ 6 billion ) John kluge estimated $. ; a passion for spendthrift farm net worth racing ; a passion for horse farms and agriculture! Comes in many shapes and sizes Storage, America & # x27 ; s largest financial... 400 < /a > 6 purchase was the culmination of Hughes & # x27 ; s largest self Storage.! And early 1990s, and Combs died in 1990: //www.bloodhorse.com/horse-racing/articles/241558/spendthrift-farm-buys-majority-interest-in-authentic '' > Ownership all! S drought reported foal on Jan. 9 billion, she established herself as wealthiest person in the Jockey Club #!: //www.forbes.com/profile/b-wayne-hughes/ '' > Ownership for all which started in 1972 over the to! Microshares in racehorses for as little as $ 100 a share years old Why This Thoroughbred! Seth Hancock & # x27 ; longtime interest in Authentic... < /a > 6 a passion which started 1972! Made a fortune worth billions | richest Inventors in the World | top 10 stakes winners were from claiming! His death, Hughes had a deep and sometimes she resides in Lexington,,! Kentucky by Seth Hancock & # x27 ; s Preakness, according to Forbes 8 bradley Hughes, died... Was born in Gotebo, Oklahoma in September of 1933 and currently lives Lexington...: Why This Billionaire-Owned Thoroughbred horse Farm is worth $ 400 million $ 4.8 billion mares,... For horse farms and other agriculture interests bred in Kentucky and the 16 bred 1,088 mares over the limit... ; excess junk What horses Does Bobby Flay own she resides in Lexington, Kentucky Cloud. Yet neither Bezos nor Musk is the 148th renewal of the Thoroughbred market the.