Billionaire David Steward’s son pays $17M for Wellington horse farm

by Eman Elshahawy

David Steward II, the son of billionaire tech entrepreneur David Steward, dropped $17 million for a horse farm in Wellington’s Grand Prix Farms community, according to property records.  The younger Steward, CEO of Lion Forge Entertainment, purchased the 7.82-acre double lot at 3351 Grand Prix Farms Drive from a company tied to Darin S. Goldstein, who owned the property for decades.  Records show Goldstein paid $480,000 for the property in 1999, and the sale represents a 3,442 percent gain in value. The last asking price was just under $18 million. Ryan Beckett with BitRealty represented the seller, and Robert Scott […]

This article originally appeared on The Real Deal. Click here to read the full story.

Eric Reikenis
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