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Billy Joel has purchased a five-acre horse ranch in Wellington, Florida, becoming the latest celebrity to settle down in the equestrian town, DailyMail.com has learned.

When EQUILINE rider Laura Kraut receives an exciting new prospect, she knows she has the perfect rider to develop it. Julie Welles is Kraut’s main rider, developing the two-time Olympic gold medalist’s horses in both America and in Europe.

The Adequan Global Dressage Festival, the world’s largest international and national dressage circuit, starts Jan. 3 with para dressage week for physically disabled athletes and runs through April 1 at The Stadium at the Palm Beach International Equestrian Center, 13500 South Shore Blvd.