Current:Home > Finance15 million acres and counting: These tycoons, families are the largest landowners in the US -GlobalInvest
15 million acres and counting: These tycoons, families are the largest landowners in the US
View
Date:2025-04-14 02:29:32
Each year, The Land Report documents the biggest landowners in America. To make it into the top 10 for the most recent year, you'd have to own nearly 1 million acres. No. 1 on the list, the Emmerson family, accumulated their wealth through the lumber business. Family owned and run Sierra Pacific Industries is the largest private lumber production firm in the nation, according to Forbes.
American Billionaire John Malone, follows on the list. He built a fortune in the media business and owns a reported 2.2 million acres.
More than half of the individuals and families on the top 10 list own sprawling ranches in places like Wyoming, New Mexico, and Texas.
Stan Kroenke — owner of the Los Angeles Rams, Denver Nuggets, and other sports franchises — bought the 535,000-acre Waggoner Ranch in 2016, which spans six Texas counties.
These individuals and families own the most private land, here's how they accumulated their wealth:
1. Emmerson family
• Land area: 2,411,000 acres
• Roughly equal to: Twice the size of Grand Canyon National Park
The Emmerson family owns and operates Sierra Pacific Industries, a company that logs usable lumber after forest fires and sells it to lumber retailers. Through Sierra Pacific, the family owns some 2.4 million acres in California, Oregon and Washington.
2. John Malone
• Land area: 2,200,000 acres
• Roughly equal to: About the size of Yellowstone National Park
John Malone is the largest private landowner in the United States. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999. Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches.
3. Ted Turner
• Land area: 2,000,000 acres
• Roughly equal to: About a third of Vermont
CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. Much of Turner's land is used as grazing land for over 50,000 head of buffalo – the largest private bison herd in the world.
4. Stan Kroenke
• Land area: 1,700,000 acres
• Roughly equal to: About half the size of Connecticut
Real estate mogul and owner of the Los Angeles Rams, Stan Kroenke, owns 1.7 million acres of land in the United States, including a 124,000-acre ranch in Montana and additional land in Wyoming. Kroenke is married to Ann Walton Kroenke, an heiress to the Walmart fortune.
5. Reed family
• Land area: 1,661,000 acres
• Roughly equal to: More than twice the size of Yosemite National Park
For five generations, the Reed family has owned and operated the logging company Green Diamond Resource Co. The family's 1.6 million acres of land are primarily spread across Washington, Oregon, and California.
For the top 100 landowners in the U.S., see the 2024 Land Report.
What is the smallest state in the US?These are the 10 smallest states across America.
What is the world’s most populous city?:Top 10 most populous cities in the world, US ranked.
24/7 Wall Street contributed to this reporting
veryGood! (4853)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- ‘This Is Not Normal.’ New Air Monitoring Reveals Hazards in This Maine City.
- Warming Trends: Battling Beetles, Climate Change Blues and a Tool That Helps You Take Action
- California library uses robots to help kids with autism learn and connect with the world around them
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- This week on Sunday Morning (July 2)
- Migrant workers said to be leaving Florida over new immigration law
- The US Wants the EU to Delay Imposing Trade Penalties on Carbon-Intensive Imports, But Is Considering Imposing Its Own
- A South Texas lawmaker’s 15
- The Ultimatum: Queer Love Relationship Status Check: Who's Still Together?
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Massachusetts Sues Exxon Over Climate Change, Accusing the Oil Giant of Fraud
- California library uses robots to help kids with autism learn and connect with the world around them
- Gigi Hadid Spotted at Same London Restaurant as Leonardo DiCaprio and His Parents
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Dismissing Trump’s EPA Science Advisors, Regan Says the Agency Will Return to a ‘Fair and Transparent Process’
- Mom influencer Katie Sorensen sentenced to jail for falsely claiming couple tried to kidnap her kids at a crafts store
- What is the Higher Education Act —and could it still lead to student loan forgiveness?
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Why Tom Holland Is Taking a Year-Long Break From Acting
Cuba Gooding Jr. Settles Civil Sexual Abuse Case
Interactive: Superfund Sites Vulnerable to Climate Change
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Pete Davidson Speaks Out After Heated Voicemail to PETA About New Dog Is Leaked Online
What is the Higher Education Act —and could it still lead to student loan forgiveness?
Atlanta Charts a Path to 100 Percent Renewable Electricity