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A Billionaire Bet $300 Million That Showjumping Was Underpriced. The Market Is Already Proving Him Right

Billionaire
International Business Times Fews App News Provider
Fews App Post Time Hace 3h

Pixabay Every so often, a niche sport stops being run like a pastime and starts being run like a business. Showjumping has just reached that moment, and it's galloping fast. Backed by McCourt Global, the investment firm of business billionaire Frank McCourt, the Premier Jumping League has launched with a guaranteed $300 million prize pot, the largest in the discipline's history.

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