who is the largest landowner in the united states

That makes Frank VanderSloot the only billionaire residing in the state of Idaho. The King Ranch was started in the mid-19th century by Richard King, a young indentured jeweler who ran away and started a steamboat company in south Texas, according to the Ranch's website. Escanaba Timber, LLC. Buying farmland hasnt been the sole way Gates has supported agriculture. The piece noted that the firm owns at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana and other states or an area seven times bigger than Manhattan.. [8] 100 slot with 75,000 acres of Maine timberland. It is safe to also bet on the value of land increasing over time. He has. Photographer: Elena Cizmaric for Turner Enterprises Inc. Here's Who Owns the Most Land in America The 100 largest private landowners in the U.S. own 40 million acresan area the size of. who has a net worth of nearly $121 billion. He launched top-selling brands such as Teleflora flower delivery services and The Franklin Mint Company. Although it allocates millions of acres to public land use and wildlife preserves, the federal government also extracts resources from the land that it owns. They own almost 100,000 acres across the state. They started out as a cattle ranching operation but have expanded into farming and bioenergy. In 1882, James D. Irving founded a sawmill, lumber business, and farms. By most estimates, Malone is the largest private landowner in the United States, possessing upwards of 2.2 million acres (3,437 square miles), more than twice the size of Rhode Island. With 711,000 acres, the Weyerhaeuser Company owns the largest amount of land in Arkansas. In 1985, VanderSloot began a multi-level marketing company called Melaleuca, Inc. that would eventually make him rich. ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . Learn more about us & read our affiliate disclosure. As an asset class that is finite, farmland is not going to be available forever. Relatively early in life, the fortunes patriarch Earl Holding would become a big player in the oil industry, forming the company Sinclair Oil. He recently added York Ranch and the Spike Box to his holdings. Some of them have truly staggering amounts of land. Thats because the Ellisons cattle kingdom in Elko and Lander Counties consists of more than 2 million acres of leased federal lands. This article uncovers the three largest landowners in Ohio and other interesting facts. Enter your email in the box below to get the most mind-blowing animal stories and videos delivered directly to your inbox every day. He even has association with the Atlanta Braves. Red Emmerson owns nearly two million acres of California and Washington forestland. John Malone is an American businessman, investor, and philanthropist, who is known for his role as chairman of Liberty Media and Liberty Global. He owns just under two million acres of. Their land lies across Washington, Oregon, and California. Qurate's exercise in cliff-jumping saw shares drop more than 20 percent. 4 with 2 million acres. Gates portfolio comprises about 242,000 acres of farmland and nearly 27,000 acres of other land across 19 states, according to The Land Report, a magazine for land investors that tracks the nations biggest landowners. On this land, he grows everything from wheat to corn to fresh vegetables. In 2006, International Paper (IP) sold 440,000 acres in the UP to the consortium of GMO Renewable Resources. Kroenke is also the owner of Kroenke Sports & Entertainment He came from humble beginnings. Donald Horton's land is primarily in the deserts of the American Southwest. The company grows tomatoes from seeds, grows them to maturity, harvest them and oversees processing. They also own 1.2 million acres in Maine. If someone puts a significant amount of money into something, they must be really convinced of its worth. John Malone owns the most land in New Hampshire, 23,000 acres, and is also the second-largest private landowner in the United States. Persons with disabilities who require alternative means of communication for program information (e.g., Braille, large print, audiotape, American Sign Language, etc.) The nation's largest private landowners are the Emmerson family in California who own over 2.4 million acres. In 2008, the Bill and Melinda Gates Foundation announced $306 million in grants to promote high-yield, sustainable agriculture among smallholder farmers in sub-Saharan Africa and South Asia. The younger Irvings are fighting for control of a commercial empire that was previously run by just one man, K.C. subscribe to the newsletter and stay informed about everything OMH. The Nature Conservancys evolving global conservation initiatives include work throughout North America, Central America, South America, Africa, the Pacific Rim, the Caribbean, and Asia. Have some feedback for us? Thank you for reading! He is the fourth-largest private landowner in the United States, with roughly 2 million acres. He owns 2.2 million acres of land in the USA. All https://www.barchart.com/solutions/ is provided by Barchart Solutions. In 1949, Emmerson began his career in the wood products industry when he teamed up with his father to run a leased mill in northern California that had been sitting idle. The Pingree family's fortune in timber began in the mid 1800s and has conserved more than of a million acres of Maine forestland. (2 million acres of land) The Reed Family. The fourth largest landowner in the United States is Ted Turner. Heartwood Forest Land Fund is one of several Timberland Investment Management Organizations (TIMOs) among the top ten landowners in West Virginia. Some of them, like Amazon's Jeff Bezos, The Gap's Doris Fisher, and the Pioneer Woman's Ree Drummond are familiar names. In the mid-1970s, Stewart took a chance and followed a hunch to buy 2,500 acres of oranges and lemons in California that had gone bankrupt and were being sold quickly and cheaply. The Lawrence Groups agriculture department includes 15,000 acres, from California to Florida, and a variety of other locations, particularly in the southern Delta where crops flourish. If we have to appoint 1 person who has the most land in the world, we will end up with Gina Rinehart. Gaylon Lawrence JR The porbeagle is one of the few sharks that jumps out of the water. In this article, we review the largest farmland owners in the US. ProAg is an equal opportunity provider and employer. Download free guide with advice for beginners. According to lovemoney.com, the church owns more than 70 million hectares. Red has continued to fund the foundation over the years to meet its philanthropic promise to worthwhile organizations, community initiatives, youth activities, and student scholarships in the companys communities. However, there are also many actors outside the agricultural sector for whom land is important, but there are quite a few farmers in the list of largest landowners. Not only does it help diversify your portfolio, but also protects against inflation as it's a physical asset. The 25 Largest Landowners In The U.S.: #25.Jeff Bezos 290,000 Acres Amazon founder and CEO Jeff Bezos bought a 290,000 acre ranch in Texas in 2004. The extensive operations in eastern Washington were at the center of a megamillion-dollar scam that defrauded Tyson Foods, among others. The J.R. Simplot Company started off in potatoes but over the years has diversified. In 2013, Earl Holding died due to complications associated with a previous stroke. Producers Agriculture Insurance Company, 5601 Interstate 40 West, Suite 204, Amarillo, TX 79106 (800) 366-2767. Plum Creek Timber Inc, which recently merged with Weyerhaeuser Company, owns 765,000 acres. Cowls, Inc. has successfully purchased and conserved over 5,500 acres of forest. Also, the Anschutz Entertainment Group is the world's biggest owner and operator of sports and entertainment venues. Lawrence's land is primarily found in Illinois, Arkansas, Mississippi, and Missouri. Malone, the 74-year-old chairman Liberty Media , is worth $7.4 billion. Have some feedback for us? (Cascade did not return Forbes request for comment.) 8. The largest private landowners in Pennsylvania are the Collins Family, who inherited 118,000 acres of land from Truman Collins, the largest landholder in the state before his passing in 1914. 6. In 2021, the rock-bottom figure to join this club was more than double that amount: 156,000 acres. 2023 NYP Holdings, Inc. All Rights Reserved, Bill and Melinda Gates gush over new grandbaby in separate photos, Bill Gates says AI-powered ChatGPT as important as PC, internet, mobile phones, BillGatesbuys nearly $1B Heineken stake despite not being a big beer drinker, Bill Gates daughter living in $51M NYC home as she welcomes first baby. For the next 50 years, Boswell dominated land in Californias Central Valley, tripling his familys holdings. The 11th largest state in the country when ranked by total land area, the state is also the 38th in terms of population. Billionaire John Malone has the title of the largest private land owner in the United States. Weyerhaeuser owns 12.4 million acres of land, with 900,000 in Washington. Like others in this list, John Malone did not necessarily earn his fortune from farmland. Paul Fireman is the largest landowner in Nevada, owning the Winecup Gamble Ranch that encompasses roughly 247,000 acres. 1. We use cookies to provide you with the best experience and functionality on our website. John C. Malone, the single largest owner of land in the United States, sustained a devastating portfolio hit portfolio Thursday. Farmland investments feature steady and consistent returns that actually outpace the S&P 500. What Asset Class Is Farmland Considered To Be? He currently owns 17 ranches 14 in the western U.S. and three in Argentina. Here are the biggest landowners in the U.S., according to Land Report: Stan Kroenke Kroenkeis a real estatemogul and the owner of the Los Angeles Rams. The billionaire Microsoft co-founder has become the largest owner of farmland in the. Amazon founder and CEO Jeff Bezos bought a 290,000 acre ranch in Texas in 2004. He is also the owner of multiple international real estate holding like the Humewood Castle in Ireland. In addition to the well-established oil company, the Holding family owns and operates two famous ski resorts: Snowbasin Resort in Utah, and Sun Valley Resort in Idaho. Henry Singleton cofounded the industrial conglomerate Teledyne in 1960, and begin acquiring ranch land in New Mexico and California starting in 1986 and continuing through his death in 1999. Mickey Shapiro is Michigans fifth largest private land owner, with more than 2,000 acres of raw land. In fact, his 30,000 acres of citrus farms made him one of the top producers of fruit in Florida. (2,078,032 acres of land) Ted Turner. Weyerhauser, founded in Washington, in 1900, currently manages all of those acres and some Canadian land. Landowners in the US also have a huge amount of land; think of media magnate John Malone, who owns nearly 1 million hectares. The family has sugar and rice mills and a sugar refinery. In 2018 he bought 14,500 acres in Washington for $171 million, according to The Guardian, and has since bolstered his estate by over 250,000 acres.Gates now has a total of 268,984 acres of farmland across more than a dozen states, including Louisiana, Iowa, Illinois, and . WATCH: Sharks biting alligators, the most epic lion battles, and MUCH more. Farris and Dan Wilks started out as bricklayers but made their fortune in fracking. Stewart Resnick was always in the right place at the right time. The Briscoe Family owns ranch land and oil fields throughout Texas. Their farmland produces the goods for their brands including POM Wonderful, Wonderful Pistachios and Wonderful Halos mandarins. The provided information does not amend, or otherwise affect, the terms and conditions of any insurance policy issued by ProAg or any of its subsidiaries; always refer to the policy provisions. Many of the biggest landowners are families with deep, inter-generational roots, holding vast swathes of ranch or timberland across the country for decades. Farmland is an asset that has held value for thousands of years. He owns several large ranches, including the 560,000 acre Q Creek Ranch in Wyoming. ProAg is a subsidiary of Producers Ag Insurance Group, Inc. and a member of the Tokio Marine HCC group of companies. Specialty Insurance Company. However, they also own and run North Americas largest biomass power plant. And some Americans own quite a lot of that asset. USDA is an equal opportunity provider, employer, and lender. However, it should be noted that they were excluded from the 2021 Land Report, which could indicate a change in ownership. Her agricultural land portfolio has expanded considerably in recent years. That transaction, which was announced on October 1, raised the familys holdings to more than 2.33 million deeded acres. The largest landowners in the United States are John Malone, the Emmerson Family, Ted Turner, the Reed Family, and Stan Kroenke. Thanks for contacting us. 100 on the list Nevadas Ellison Family would be in the top 10. King went on to begin purchasing land in south Texas, founding the ranch. Primarily, tomatoes and cotton are grown. In accordance with Federal law and U.S. Department of Agriculture (USDA) civil rights regulations and policies, the USDA, its Agencies, offices, and employees, and institutions participating in or administering USDA programs are prohibited from discriminating on the basis of race, color, national origin, religion, sex, gender identity (including gender expression), sexual orientation, disability, age, marital status, family/parental status, income derived from a public assistance program, political beliefs, or reprisal or retaliation for prior civil rights activity, in any program or activity conducted or funded by USDA (not all bases apply to all programs). Ted Turner owns the most land in South Dakota, with a Bad River Ranch and Standing Butte Ranch spanning over 186,000 acres. Idaho is a pretty big state, encompassing nearly 83,000 square miles, equating to over 50,000,000 total acres. Although the Holdings have a net worth well above a billion dollars, they no longer base their operations in the state of Idaho. What Returns Should You Expect From Farmland Investing? Based in Tuscaloosa, the company operates in Alabama, Florida, Georgia, Mississippi, and South Carolina. While corporations can always offer more stock, and governments can always issue more bonds, there is one asset that has had a pretty fixed supply on earth for the last several million years: Land. According to The Land Reports research, the land is held directly and through third-party entities by Cascade Investments, Gates personal investment vehicle. Kroenke is known as being a real estate mogul who owns more than a million acres of land across the US, including a Montana ranch spanning 124,000 acres. With such irresistible beauty, someone had to possess them. Boswell Tomato Company that follows the fresh farm-to-table preparation. In addition to CNN, he also found WTBS and purchased World Champion Wrestling. Want to join the club? Turner (who founded television channels TNT, TBS, and CNN) has an estimated net worth of $2.4 billion and owns 2 million acres of land in the United States. This is a piece of land that is larger than Portugal and 100,000 cows are kept on the farm and around 800 million liters of milk are produced annually. The Australian Agricultural Company, Australia's oldest agricultural company, owns no less than 7 million hectares of land. His largest holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588 acres). Anschutz's company is in energy exploration, telecommunications, and agribusiness. Cowls, Inc. is the largest private landowner in Massachusetts. The Nature Conservancy is a worldwide environmental organization based in Arlington, VA. As of 2021, it operates through affiliates or branches in 79 countries and territories and in every state in the United States. Stan Kroenkes landholdings in the state of Wyoming include Q Creek Ranch and W.T Waggoner Ranch to a sum of 550,000 acres. He went on to acquire large amounts of timberland in Maine. * Doing business as Pro Ag Insurance Services, Inc. in California, CA Entity License #0F34212. In 1998 Gap co-founders Donald and Doris Fisher established the ecofriendly timber production company Mendocino Redwood Company. Tom Farms owns 20,000 acres in Indiana and Argentina. Family patriarch J. D. Irving founded a lumber business in 1882, and his descendants have become some of the largest landowners in Canada and the US since that time. Millions of acres of farmlands changed hands in 2022 despite record-high sale prices. China is one of the largest foreign landholders in the United States, owning an estimated 3.2 million acres across 19 states. Phillip Anschutz owns Baughman Farms in Kansas, which is 250,000 acres as well as the 149,493 acre Overland Trail Cattle Company and Ranch in Wyoming, and 35,000 acres in Colorado. In its list of 100 top American landowners, The Land Report gives the top spot. 4. Learn more about us & read our affiliate disclosure. Property rights can: The McDonald Family owns about 100,000 acres in Alabama. DoD thus administers approximately . Cascade did not immediately respond to a phone message Friday, and the company declined to comment to The Land Report other than to say that Cascade is very supportive of sustainable farming, the outlet said. He came from humble beginnings. The family shares its country-wide rank of 28 with Amazon CEO Jeff Bezos. In 1968 luck and smart thinking came together when he signed a contract with McDonalds owner Ray Kroc to be their source for frozen French fries. GMO Renewable Resources, LLC (GMORR) is Grantham, Mayo, Van Otterloo & Co.s forest and farmland investment arm. However, by 2016, they would fall off the list. 2023 All rights reserved. And they included Canadian investors (31%) specializing in timber production, such as Telko, Teal Jones, and Interfor. The Fanjuls launched their farming business back in the mid 1800s and produced sugarcane for over a century in their homeland of Cuba. Only domestic holdings can be counted, and ownership must be deeded, not leased. According to the Land Report, his descendants continue to maintain a large ranch southeast of San Antonio. The Land Report publishes an annual ranking of the biggest private landowners in the US, as measured by total acreage. Is Farmland Partners (FPI) A Good Investment? That crown belongs to Liberty Media chairman John Malone, who has 2.2 million acres, according to The Land Report. Irving is the largest landowner in Maine and is the only industrial landowner with roughly 1.25 million acres. He also reportedly owns about 16,000 acres in his home state of Washington, including a 14,500-acre tract in the Horse Heaven Hills region that was purchased for nearly $171 million. Full Privacy & Non-Discrimination Statements. The 3 Largest Land Owners in Ohio 1. This makes them the 11th largest owner of US land by acreage - just behind Saudi Arabia and ahead of Canada, who both own around 2.7 million acres each. Whether they live on, in, or plan to sell it off in chunks, one thing is for certain all 25 of these landowners have made wise investments. The three-counties-wide property was listed for $341 million and was purchased within 90 days by the screenwriter of the hit television series Yellowstone. The family's land includes 193,000 acres of bottom land hardwood as well as pine/hardwood forests. In 2021, the Land Report revealed that Microsoft founder Bill Gates was the largest private farmland owner in America. The Drummonds own 433,000 acres. The following is a list of the biggest landowners in the United States. The Drummond family is the largest landowner in Oklahoma and the 23rd-largest landowner in the United States. Send your completed complaint form or letter by mail to the U.S. Department of Agriculture, Director, Center for Civil Rights Enforcement, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410 or email at program.intake@usda.gov. The biggest chunks of Gates holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlets research found. The fifth largest federal landowner is the United States Department of Defense, which owns, leases, or possessed 26.1 million acres (0.106 million km 2) worldwide, of which 8.8 million acres (0.036 million km 2) are located in the United States (this figure excluded United States Army Corps of Engineers land). There are many national monuments and historic sites as well as reserves and preserves on this federal land. Sierra Pacific Industries is the largest private landowner in California. In 2020, the FTC contacted the company with regard to inaccurate or misleading claims made by independent representatives of the company about potential incomes. He owns about 1.4 million acres of land in the U.S., including a 124,000-acre ranch in Montana. (1,726,295 acres of land) Stan Kroenke . According to their most recent list, each of the 20 individuals and families that own the most land hold over a half-million acres each. On the one hand, GPS technology is used to enhance laser leveling and the creation of furrows on the familys 190,000 acres in South Florida. In addition to founding Melaleuca, Inc., Frank VanderSloot controls other large ventures, including several radio stations, a landholding company, and multiple cattle farming ventures. The Offutts also own RDO Equipment, which sells and services agriculture, construction, environmental, positioning, surveying, and irrigation equipment from well-known manufacturers such as John Deere. Although the agencies discuss these issues in the projects environmental impact statement, pollution risk still exists. Brad Kelley is the largest landowner in Kentucky and is also the eighth-largest private landowner in the United States, with a total of 1.13 million acres. The company produces a long list of high-quality, healthy products such as Wonderful Halos Mandarins, Wonderful Pistachios, Wonderful Almonds, Fiji water and POM Wonderful 100% Pomegranate Juice on their acreage. Plum Creek, a company that merged with the Weyerhaeuser Company, is Georgia's largest private landowner, with a total of 750,000 acres in timberland. After that, he found other land in fast-sell situations with owners eager to sell at rock bottom prices. The Singleton family's holdings are concentrated in California and New Mexico. Private land plays a significant role in conservation. After passing, his son Gaylon Lawrence Jr. took over operations. Brad Kelley uses his land to breed rare species of animals in Texas, New Mexico, and Florida. The forest products company owns land across eight US states, according to the company website. Land is a sought-after property, and very important for farmers. Agriculture is also a key focus area for the Bill & Melinda Gates Foundation, the massive charity run by Gates and his wife. The Molpus Woodlands Group is the largest landowner in Minnesota, with 286,000 acres. In recent years, Kroenke Ranches has become a major player in the renewable energy sector and is on track to be able to power more than 1 million households. His children continue to operate the ranches, according to the Singleton Ranches website. - 150,000 Acres Ohio's largest private landowner is Escanaba Timber, LLC. Its called Baughman Farms. Always on the lookout for sustaining the environment, the family works with research teams at North Dakota and Minnesotas leading colleges to plan, build and develop earth-friendly crops that hold on to their high quality. But their massive land holding isn't limited to just the gem state the Holding family ranks in the top 30 list of largest landowners in the entire United States. While it may be surprising that a tech billionaire would also be the biggest farmland owner in the country, this is not Gates only foray into agriculture.

Mears Housing Complaints, Articles W