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Inside A $22.9 million equestrian estate that is being sold by the former CEO of FedEx

Feb 24, 2015, 01:51 IST

Former FedEx President and CEO Ted Weise is selling his gigantic 50-acre equestrian ranch in South Florida for $22.9 million, according to the Wall Street Journal.

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The massive home spreads out in Jupiter, Florida, roughly half an hour from Palm Beach. Weise and his wife bought the land back in 2004 for $2.7 million, four years after he had retired from FedEx.

The gated ranch comes with horseback riding trails, a guest house, a four-acre lake, eight hours paddocks as well as a 12,000-square-foot mansion.

Inside the mansion - which Weise and his wife had custom built - is a 1,000 bottle wine cellar, five bedrooms, and a vault that doubles as a panic room.

Todd Peter of Sotheby's International Realty has the listing.

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