Michael Bloomberg Spends $45 Million On Huge Colorado Ranch

Now that he is no longer running for president, billionaire Michael Bloomberg has a little more time to relax, which could explain why he decided to add another property to his extensive real estate portfolio – and this one is quite large on its own. Wall Street newspaper reports Bloomberg bought 4,600-acre ranch from private equity firm co-founder (and billionaire colleague) Henry Kravis for almost $ 45 million.

Bloomberg will have plenty of space to expand on the property, located in northwest Colorado, but adjacent, via about an hour’s drive, to Aspen. He will also be able to enjoy a main house with 19,000 square feet of living space and five bedrooms, as well as amenities like a hot tub, a wine cellar and a home theater. Being a ranch, there are also many other recreational facilities located on the property, including a swimming pool, tennis court and even a four-hole golf course. There are also two guesthouses, plus staff accommodation, a helipad, and a hangar specifically for helicopters – in other words, Bloomberg won’t sacrifice much in terms of convenience for seclusion than represents the ranch.

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Of course, if Bloomberg decides to spend a lot of time here, he may want to redecorate a rustic Rocky Mountain style decor, with wall woods that he is probably not used to seeing in New York.

CBS Denver introduced the property, known as Westlands, when Kravis put it up for sale last year. Looked:

Bloomberg has several luxurious properties inside and outside of New York, including houses in Bermuda, London, a condo elsewhere in Colorado, a horse farm in Florida, a 50-acre estate in County Westchester and a house in the Hamptons. It is also well established in Manhattan, with a sumptuous townhouse on the Upper East Side and a plum compound just off Central Park.

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