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6:29
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Oct 05, 2021, 06:03AM EDT

Why This Billionaire-Owned Thoroughbred Horse Farm Is Worth $400 Million

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Reporters Michela Tindera and Isabelle Bousquette explain how Forbes determines 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.