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You are here: Home / American Pharoah owner paved path of bold bets

American Pharoah owner paved path of bold bets

NEW YORK (AP) Ahmed Zayat spends big money buying and betting on horses, and brags about how successful he’s been at everything he’s set out to accomplish.From buildings to beer to breeding, when Zayat becomes involved in business, he’s going for the gusto. No glass half empty for him. He’s all in, all the time, consumed at being the best.Up next? A chance at racing history with American Pharoah in the Belmont Stakes on Saturday. The Kentucky Derby and Preakness winner he owns will attempt to become the 12th Triple Crown champion and first to sweep the races since Affirmed in 1978.”I’m a driven guy, a competitive guy,” says the 52-year-old Zayat, who was born in Egypt and lives in New Jersey. ”I’m result oriented. I work hard and have been very successful, and we’ve made a lot of money over the years.”And if he wins the Triple Crown?”This would be a Cinderella story,” he said.Along the way, there have been a few cracked slippers, particularly as he rose to prominence in racing. His Zayat Stables filed for bankruptcy in 2010 when his bank said there were $34 million in unpaid loans. In the filing, he disclosed he had made… Read full this story

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