
Four years ago, Joel Funk walked into his first yearling sale at Keeneland and saw nearly $400 million change hands in less than two weeks. Billionaires, celebrities, and global power brokers gathered in Lexington, Ky., bidding on bloodstock. When others were talking recession, Funk was talking opportunity.
“I was just blown away,” Funk said. “You want to get the wealthiest people in the world in a room, have a horse sale.”