The Real Cost of Owning a Show Horse

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

Photograph by YM/epa/Corbis

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Horses, like people, can be "high maintenance" (remember TV's "Mister Ed"?). Ann Romney made sure her horses were well taken care of by floating a loan of $250,000 to $500,000 to the horse's co-owner for a farm where her horses stay, according to the New York Times. Horses need everything from water bucket refills to anti-fly treatment and dewormers. The Pavillion Farm in North Salem, New York, provides a trainer to deal with tack (such as the bridle, saddle and halters), turnout (letting the horse out of the stall and into a pasture), feeding, training the horse and even giving lessons.

$42,000: One-year fee to look after your horse -- Pavillion Farm

Running Tally: $123,550