Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

The Real Cost of Owning a Show Horse

By Bloomberg Rankings - 2012-08-01T15:09:13Z

Photograph by Brian Cahn/Zumapress.com

Company Symbol % Change
1 of 16

A High-Profile Sport

For Ann Romney, wife of presidential hopeful Mitt Romney, her partial share in Olympic dressage contender, Rafalca, is an actual business -- one that produced $77,000 in losses in 2010, although they were only able to write off $50 on their taxes. For most people, though, owning a show horse is a less formal hobby, albeit an expensive one. While there are about 9 million horses in the U.S., according to the American Horse Council Foundation, nearly 4 million of them are bought for the purpose of participating in show events such as competitive Western riding, jumping and dressage.

Advertisement