The 25 Biggest Landowners In America
Janill Gilbert stashed this in Interesting
Liberty Media Corp. chairman (and #1 landowner) John Malone arrives at the annual Allen and Co. conference at the Sun Valley, Idaho Resort July 12, 2013.
He nabbed the top spot from his friend and business partner Ted Turner in 2011 when he purchased a million acres of woods in Maine and New Hampshire. This year he added an Irish castle outside Dublin and two properties in Florida's equestrian country to his holdings.
Land remains a hot investment, and America's wealthiest individuals are snapping up property at breakneck speed.
The 100 biggest private landowners in the U.S. added 700,000 acres to their holdings in the past year, according to CNBC's Robert Frank. That means they now control more than 30 million acres, or 2% of America's land mass.
The Land Report has just released its list of America's biggest private landowners for 2013.
Media tycoon John Malone, who owns 2.2 million acres — more than twice as much land as the state of Delaware — tops the list for the third year running. We're taking a closer look at the top 25 landowners. You can download the full report at The Land Report.
Owning two Delawares is obscene.
Depends on what their intent for the land is? If they are preserving it, so it doesn't get developed, it's a good thing. I think Ted Turner uses much of his for his bison herds, but some of the top land owners are oil tycoons, so I assume they are using the land for drilling.
That's a good point but it's hard to ascertain intent.
Even ownership to preserve the land seems obscene -- shouldn't those lands be publicly preserved?
Yes, ideally the public should own choice lands, so all can enjoy them, but until the government gets to that point, maybe some of these owners will be the caretakers of the land, because without them there is a good chance the land would get developed, and then would most likely lose it's desirability to be preserved.
I see. I guess it would be easier to trust their intentions if they bought it into a nonprofit organization.