Former New York City mayor Michael Bloomberg has his sights set on greener pastures. The billionaire businessman recently paid $44.79 million for a Colorado ranch located about an hour’s drive from Aspen, the Wall Street Journal reports. The roughly 4,600-acre ranch, known as Westlands, previously belonged to Henry Kravis, the cofounder of private equity firm KKR & Co. Inc.
Public records indicate that the deal closed in the middle of April, about six weeks after Bloomberg announced he would be dropping out of the presidential race. Westlands features a main lodge that measures approximately 19,000 square feet and boasts five bedrooms (including a master suite with two bathrooms), a home theater, a wine cellar, indoor hot tub, and commercial kitchen. Photos of the interior reveal chandeliers made of antlers hanging from cathedral-style high ceilings and floor-to-ceiling stone fireplaces in the living room.
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In addition to the main lodge, there are two large guest cabins with four private suites, a carriage house, and a historic log home that can be used for employee housing. The ranch also has a swimming pool, a four-hole golf course, a tennis court, a private helipad, and equestrian facilities. According to the Denver Business Journal, the land itself is prime for both fishing and hunting, and the ranch has hosted high-profile guests ranging from CEOs to dignitaries to celebrities over the years. Kravis initially bought the property for about $5.5 million in 1991 and built the main house, pouring many more millions into developing the rest of the land over the last three decades.
An initial listing of the property in January 2019 offered the estate for $46 million, with most of the homes’ furniture included. Many of the pieces were made on-site by French craftsmen. It is unclear whether or not Bloomberg purchased the furniture along with the property.
