Paul Solomon, the stepson of billionaire toy entrepreneur and Rich Lister Manny Stul, has struck a deal to buy one of the country’s premier equestrian event centres, Boneo Park on the Mornington Peninsula south of Melbourne.

Mr Solomon, the chief executive of Moose Toys, which makes Shopkins figurines and Bluey merchandise (and other toys), will acquire the 318-hectare property at Boneo with his equestrian-loving wife Georgia through their family office Duncraig Capital.