who is the largest landowner in the united states

Before the ink was barely dry on the contract, the family farms output exploded as it became the #1 supplier of one of Americas go-to snacks. Meanwhile, crowdfunding platforms and farmland REITs are making it easier than ever to scoop up farmland. Boswell Tomato Company that follows the fresh farm-to-table preparation. To see all exchange delays and terms of use, please see https://www.barchart.com/solutions/terms. Cottonwood Ag Management, a subsidiary of Cascade, is a member of Leading Harvest, a nonprofit that promotes sustainable agriculture standards that prioritize protections of crops, soil and water resources. Under Emmersons leadership, the company grew into Sierra Pacific Industries (SPI), the second-largest lumber producer in the United States. The Emmerson Family is the largest landowner with 2.3 million acres of land across California, Washington state, and Oregon. In addition, Turner ranches promote and support many forward-thinking environmental projects battling climate change. 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. Otherwise, No. 100 slot with 75,000 acres of Maine timberland. Dan and Farris Wilks made a fortune in the oil industry, founding and later selling their shares in Texas-based oil services company Frac Tech. Kroenke is the fifth-largest landowner in the United States, with a total of 1.6 million acres. The forest products company owns land across eight US states, according to the company website. 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. Behind the state of Hawaii and the U.S. Government, Kamehameha Schools is the single largest landowner in Hawaii, with 362,000 acres on the island of Hawaii, Oahu, and Maui. He founded a tobacco company in 1990 and sold it in 2001 for $1 billion. Additionally, although it stretches past the Idaho border, Yellowstone National Park takes up part of this federal land as well. This is why some of Americas wealthiest individuals have made huge investments in landed property. Stan Kroenke owns. Eric OKeefeis the editor of The Land Report, the magazine of the American landowner. At a bankruptcy court auction, Farmland Reserve paid $209 million, outbidding an investment company owned by Gates by $1 million. The company is privately-owned and operated and deals primarily in the extraction and refinement of oil and gas. Contact the AZ Animals editorial team. Red Emmerson is president of Sierra Pacific Industries, a family-run lumber manufacturing business that ranks as California's largest private landowner. A 2021 USDA report revealed foreign companies owned 1.4 million acres of Louisiana's total agricultural land by the end of that year. After passing away in 2008, Jack Simplots family now manages a $2.5 billion agricultural company that dominates the farming world. The 11th largest state in the country when ranked by total land area, the state is also the 38th in terms of population. Learn more about us & read our affiliate disclosure. Why Is Bill Gates Buying So Much Farmland? They invested a chunk of that money in land. Instead, he was CEO of Tele-Communication Inc, TCI, which was sold to AT&T for $50 billion. All Rights Reserved. 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. The fourth largest landowner in the United States is Ted Turner. We do not know exactly how Gates is using his farmland, whether its for actively growing crops or whether any of the land is being set aside for conservation. The last one in this top 5 of the largest landowners is once again a large Australian farmer. Gaylon Lawrence JR His children continue to operate the ranches, according to the Singleton Ranches website. Paul Fireman is the largest landowner in Nevada, owning the Winecup Gamble Ranch that encompasses roughly 247,000 acres. Stan Kroenke, nicknamed Silent Stan for his desire to stay out of the spotlight, is an American billionaire. Kroenke is also the owner of Kroenke Sports & Entertainment. All https://www.barchart.com/solutions/ is provided by Barchart Solutions. [6] [7] His father was Daniel L. Malone, an engineer. Thanks for contacting us. The younger Irvings are fighting for control of a commercial empire that was previously run by just one man, K.C. Though the name may draw some blank faces, the billionaire is one of the most powerful men in cable .. because of their participation.. Thomas O'Connor was a late 19th-century rancher in Texas. Along with farming, the family owns ranching and cattle production, food processing, phosphate mining, fertilizer manufacturing, and other staples. Like many in this list, his fortune was not only amassed from farmland. In 1998 Gap co-founders Donald and Doris Fisher established the ecofriendly timber production company Mendocino Redwood Company. 4. Babbitt Ranches is the largest landowner in Arizona, with 750,000 acres and 270,000 acres owned by the family business. If we have to appoint 1 person who has the most land in the world, we will end up with Gina Rinehart. Some are more recent entries, with successful businesspeople in industries like telecommunications or fast food investing their wealth in the world's oldest asset. He is president of Sierra Pacific Industries, a family run lumber manufacturing business that is California's largest private landowner. While farmland makes up a large chunk of his net worth, he has truly had his hand in a number of business ventures over the years. who has a net worth of nearly $121 billion. In 1882, James D. Irving founded a sawmill, lumber business, and farms. Their land is in Idaho. At the young age of 29, Boswells uncle passed away and left 50,000 acres in the San Joaquin Valley to James. Real estate is an excellent investment opportunity, particularly if you want to diversify your portfolio for security. Washingtons Reed Family ranked No. Bill Gates may no longer be the world's richest man, but he can claim a new title: America's farmland king. The largest landowners in the United States are John Malone, the Emmerson Family, Ted Turner, the Reed Family, and Stan Kroenke. The Ford family owns Roseburg Forest Products, a timber and wood company that holds forest land in Oregon, Virginia, and North Carolina. Idaho is a pretty big state, encompassing nearly 83,000 square miles, equating to over 50,000,000 total acres. They left Cuba and relocated to South Florida where Alfonso and Pepe Fanjul worked hard to start a new company producing sugarcane and other row crops. Mr. Shapiro is a leading financier and developer in Michigan, with stakes in various real estate companies across the country. The Molpus Woodlands Group is the largest landowner in Minnesota, with 286,000 acres. The Lawrence Group is involved with a huge list of money-makers, from commercial real estate to banking to agriculture. Out of all the states in the U.S., Idaho ranks third on the list of states with the most land owned by the federal government. . He launched top-selling brands such as Teleflora flower delivery services and The Franklin Mint Company. Liberty Media Chairman John Malone ranked No. Learn more about this A++ (Superior) Ranked Insurer. Discover Northern Michigans Deepest Lakes, The 10 Best Fishing Spots in Michigan This Summer, The 5 Best Places to Camp in Michigan this Summer. Today, Ron's daughter, Christi, is company Chair, and Ron is Chairman Emeritus, while his son-in-law, Keith McGovern, serves as President of the company. Learn more about us & read our affiliate disclosure. It pre-dates the Civil War. Farris and Dan Wilks started out as bricklayers but made their fortune in fracking. Revealed. However, by 2016, they would fall off the list. Pioneer Forest is the largest private landowner in Missouri, with 146,000 acres. The largest agricultural landowner is the Chinese dairy farm 'Mudanjiang City Mega Farm', which is owned by Russian and Chinese owners. Editor's note: Eric O'Keefe unveiled the Land Report 100 at the 2022 Land Expo in Des Moines, Iowa on January 11, 2022. 8. The largest agricultural landowner is the Chinese dairy farm 'Mudanjiang City Mega Farm', which is owned by Russian and Chinese owners. Have some feedback for us? When I'm not working, I enjoy playing video games with friends. His companies own and operate apartment complexes and mobile home communities throughout the United States and Canada, as well as provide full property management services. Cowls, Inc. has successfully purchased and conserved over 5,500 acres of forest. This site uses cookies for analytical purposes, but only if you agree. California family becomes the nation's largest private land owner, Bill Gates is about to change the way America farms, USDA launches $3.1 billion climate-smart initiative, Ag leaders lobby for better risk management programs at U.S. House farm bill hearing, Iowa board votes to reinstate grain fee for farmers, Online therapy could be a tool to prevent farmer suicide, experts say. Farmland is an asset that has held value for thousands of years. 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 report's estimates are based on information from other published reports, online databases, tax records and information provided by various landowners, and include only rural land holdings. Relatively early in life, the fortunes patriarch Earl Holding would become a big player in the oil industry, forming the company Sinclair Oil. In 2015, Weyerhaeuser paid more than $8 billion to acquire Plum Creek! Red Emmerson owns nearly two million acres of California and Washington forestland. John Malone is the largest private landowner in the United States. He has. 1. The largest landowners in the United States are the Emmerson Family, John Malone, the Reed Family, Ted Turner, and the Kroenke Ranch. 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. Escanaba Timber, LLC. 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. 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. It is not just about agricultural land, but also about land in the most expensive locations in London, Paris and New York. Her agricultural land portfolio has expanded considerably in recent years. But because they hold title to 156,000 acres, that is how they ranked. The Singleton family's holdings are concentrated in California and New Mexico. 5. Part of an analysis of multi-level marketing companies by the Consumer Awareness Institute, hosted on the FTC website, claims that in the case of Melaleuca approximately 99% of all participants lose money. Malone, the 74-year-old chairman Liberty Media , is worth $7.4 billion. Irving Family - 1,247,880 Acres This family owns land specifically in the state of Maine. I agree 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. Brad Kelley is the owner of Calumet Farm, which had three starters in the 2017 Kentucky Derby and Lonely Planet. Finally, one of the nations most innovative agricultural operations was the subject of an in-depth profile in the 2021 Land Report 100. The Nature Conservancy, founded in 1951, has over one million members worldwide and has conserved over 119,000,000 acres of land throughout its existence. The Reed family has owned the Green Diamond Resources Company for five generations. The Stimson Lumber Company is one of the oldest forest products companies in the U.S. DoD thus administers approximately . What is the largest piece of privately owned land in the United States? They started out as a cattle ranching operation but have expanded into farming and bioenergy. The 9 Best Books About National Parks for Travelers, See a Gator Bite an Electric Eel With 860 Volts, See Dominator The Largest Crocodile In The World, And As Big As A Rhino, Discover the Largest Sea-Dwelling Crocodile Ever Found (Bigger than a Great White!). [8] The pima cotton is used by high-end apparel companies such as Lands End for super soft clothing. Get started withAcreTrader! According to The Land Report, Briscoe was the largest landowner in Texas, and his heirs continue to own and operate the Catarina Ranch in south Texas, along with several other ranching properties. The family shares its country-wide rank of 28 with Amazon CEO Jeff Bezos. Land is a sought-after property, and very important for farmers. ProAg is an equal opportunity provider and employer. After years of reports that he was purchasing agricultural land in places like Florida and Washington, The Land Report revealed that Gates, who has a net worth of nearly $121 billion according to Forbes, has built up a massive farmland portfolio spanning 18 states. The company is a subsidiary of the family's equity investment firm, Martin Sustainable Resources. Persons with Disabilities. The 3 Largest Land Owners in Ohio 1. The largest private landowner in Oregon is the Reed family, owners of the Green Diamond Resource Company, which owns 600,000 acres in Oregon. GMO Renewable Resources, LLC (GMORR) is Grantham, Mayo, Van Otterloo & Co.s forest and farmland investment arm. The Largest Farm in the Entire World Is Bigger Than 11 U.S. States! Eldon Farms is the largest private landowner in Virginia, with 7,100 acres. He owns over 2.2 million acres of land in the US, stretching across 14 states. Additionally, program information may be made available in languages other than English. His daughter, Carolyn Dietz, runs the familys Sierra Pacific Foundation, which has distributed almost $34 million to community programs and scholarships. The Holding family is verified as owning 400,000 acres of land in the state of Idaho. Roy O. Martin III is the largest private landowner in Louisiana, with 550,000 acres. It is not entirely clear how Gates farmland is being used, or whether any of the land is being set aside for conservation. But the most headline-worthy transaction of 2022 was the Four Sixes Ranch in Texas. The billionaire Microsoft co-founder has become the largest owner of farmland in the United States by quietly buying up massive plots across the county, a new report says. The McDonald Famly is based in Alabama. Today, his fifth-, sixth-, and seventh-generation descendants continue to own and maintain large holdings, mostly in Maine. In 2006, International Paper (IP) sold 440,000 acres in the UP to the consortium of GMO Renewable Resources. The Holding family once ranked 109 on the list of Americas Wealthiest families, boasting an absurd net worth of more than $2.7 billion. The report listed the top ten largest private landowners and can be viewed here. Buying farmland hasnt been the sole way Gates has supported agriculture. 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. John Malone is an American businessman, investor, and philanthropist, who is known for his role as chairman of Liberty Media and Liberty Global. According to The Land Report's annual list of the top private landowners in the US, the 20 biggest individual and family landowners in the country own over a half-million acres each. 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. As time has proven, this ownership figure is a moving target and it keeps moving up. The company manufactures and sells hundreds of home and personal care products as well as nutritional supplements. The family shares its country-wide rank of 28 with Amazon CEO Jeff Bezos. The company grows tomatoes from seeds, grows them to maturity, harvest them and oversees processing. There are many national monuments and historic sites as well as reserves and preserves on this federal land. Now in its 15th edition, this landmark study tracks the diverse array of farmers, ranchers, forest owners, entrepreneurs, and investors who own at a minimum 243.75 square miles. Pro Ag Management, Inc.* (collectively with its corporate affiliates, ProAg) is a managing general agency representing several risk bearing insurance companies, including Producers Agriculture Insurance Company and U.S. They also have land in Alabama. 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. More than 9 million hectares belong to the company. His fortune was made in the media space, where he still today owns many media assets we all consume today. CNN founder Ted Turner ranked number three with 2 million acres of ranch land across eight states. That makes Frank VanderSloot the only billionaire residing in the state of Idaho. The Irvings hold around 2 million acres in Canada. In 2021, the Land Report revealed that Microsoft founder Bill Gates was the largest private farmland owner in America. These large portions of the state are owned by only a few firms and individuals. Media mogul Ted Turner owns 2 million acres in 12 states (as well as land in Argentina). The 2022 Top Landowners in the Land Report 100: The Emmerson Family - 2.33 million acres John Malone - 2.2 million acres Reed Family - 2.1 million acres Ted Turner - 2.0 million acres Stan Kroenke - 1.627 million acres Photo credit: Courtesy of Florida Crystals The Nature Conservancy made it to the fourth spot by purchasing 6,275 acres of land on the Keweenaw Peninsula. This family story begins when James Boswell II. He also owns the Double V Ranch, the Great Western Ranch, and Camp Horton. He currently owns 17 ranches 14 in the western U.S. and three in Argentina. as well as other partner offers and accept our, Ted Thai/The LIFE Picture Collection/Getty Images, White House/Wikimedia Commons/Public Domain, Fort Worth Star-Telegram/Paul Moseley via Getty Images. While Gates may be the countrys biggest farmland owner, he by no means is the largest individual landowner. He also owns Kroenke Sports & Entertainment which is a holding company for a number of sports teams included the Denver Nuggets and the Los Angeles Rams. And on the other hand, some 600 bird boxes house the barn owls the company relies on to curb losses to rats whose fondness for sugarcane can have a considerable impact on harvest. 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. 2023 Celebrity Net Worth / All Rights Reserved. He owns 2.2 million acres of land in the USA. However, there is some indication that the land could be used in a way that aligns with the foundations values. Oil was discovered on their Southern and West Texas cattle ranches. Futures: at least 10 minute delayed. In the studys first year, 2007, the founder of Burts Bees, Roxanne Quimby, qualified for the No. With almost 269,000 acres, Bill Gates retained his ranking as Americas largest private farmland owner. 2.2 million acres. The family has sugar and rice mills and a sugar refinery. With such irresistible beauty, someone had to possess them. What Returns Should You Expect From Farmland Investing? The Emmerson family owns the forest products company Sierra Pacific Industries. Insurance policies are obligations of the issuing insurance company, are not obligations or deposits of or guaranteed by any bank and are not insured by the Federal Deposit Insurance Corporation. 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. Approximately 60% of land in the United States is privately owned, and just a few individuals and families control a significant proportion of this land. The Land Report publishes an annual ranking of the biggest private landowners in the US, as measured by total acreage. Who Is the Largest Land Owner in the United States? This allowed the farm to grow an enormous crop of cotton, for which they remain a key producer even now. However, it is the poor comfort for farmers in the Netherlands that the land price is nowhere higher than in the Netherlands. The areas of the largest arable farms in the Netherlands do not exceed 2,000 hectares. 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. According to The Land Report, the family and company have been closely involved in efforts to protect California's forest lands and mitigate damage from recent wildfires. John Malone - 2,200,000 Acres. In fact, his 30,000 acres of citrus farms made him one of the top producers of fruit in Florida. Thank you for reading! Thats one of the many takeaways from the 2021 Land Report 100, which is compiled each year by Land Report magazine. After that, the largest private landowners in the US are: John Malone. 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.. O'Connor's heirs inherited the land originally awarded to their family in the Battle of San Jacinto. Her husband, Keith McGovern currently serves as President of the company. He also owns the historic Sierra Grande Lodge and Spa in Truth or Consequences, New Mexico. 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. The Holding family is verified as owning 400,000 acres of land in the state of Idaho. This article uncovers the three largest landowners in Ohio and other interesting facts. Brad Kelley and the Wilks brothers are believed to be the largest private landowners in Tennessee. Ted Turner owns the most land in South Dakota, with a Bad River Ranch and Standing Butte Ranch spanning over 186,000 acres. In 2008, they bought Pacific Lumber and renamed it Humboldt Redwood. John Malone actually owns nearly 2.2 million acres of land across the US. Farmland investments feature steady and consistent returns that actually outpace the S&P 500. In 2013, Earl Holding died due to complications associated with a previous stroke. After that, he found other land in fast-sell situations with owners eager to sell at rock bottom prices. How Deep is Torch Lake? Millions of acres of farmlands changed hands in 2022 despite record-high sale prices. Stewart Resnick was always in the right place at the right time. 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. However, he is also an avid investor in a number of asset classes. Private land plays a significant role in conservation. The Reed Family operated the privately owned Simpson Investment Company, one of the oldest Pacific Northwest based forest products companies. They also own 1.2 million acres in Maine. Gates is not the only billionaire on The Land Reports list of top private farmland owners.

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who is the largest landowner in the united states

who is the largest landowner in the united states