Current:Home > Scams15 million acres and counting: These tycoons, families are the largest landowners in the US -Nova Finance Academy
15 million acres and counting: These tycoons, families are the largest landowners in the US
View
Date:2025-04-16 03:24:48
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! (89423)
Related
- All That You Wanted to Know About She’s All That
- Olympics 2024: Australian Exec Defends Breaker Raygun Amid Online Trolling
- Rose Zhang ends Round 3 at Paris Olympics with an eagle, keeps gold medal contention alive
- Baby gorilla is born at Detroit Zoo, the first in its 96-year history
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Trump-endorsed Senate candidate Bernie Moreno faults rival for distancing himself from Harris
- It Ends With Us' Justin Baldoni Says Costar Blake Lively Should Direct the Sequel
- Little League Baseball World Series 2024 schedule, scores, tv channel, brackets
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Broccoli hair is here to stay: Why teenage boys are serving floret looks.
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Northern lights may be visible in US this weekend: Check the forecast in your area
- Horoscopes Today, August 8, 2024
- Meet Words Unite, an indie bookstore that started on an Army post in Texas
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- She's a Democrat. He's a Republican. Can love conquer all?
- Marathon swimmer ends his quest to cross Lake Michigan after two days
- Embattled Illinois sheriff will retire amid criticism over the killing of Sonya Massey
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
U.S. wrestler Spencer Lee appreciates French roots as he competes for gold in Paris
Needing win to extend playoffs streak, Matt Kuchar takes lead in Greensboro
The Journey of Artificial Intelligence at Monarch Capital Institute
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Federal judges allow Iowa book ban to take effect this school year
Bodycam video shows Baltimore officers opening fire on fleeing teen moments after seeing his gun
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Athletes' Parade