By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: LA Rams, Denver Nuggets owner Stan Kroenke becomes largest private landowner in the U.S.
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Business > LA Rams, Denver Nuggets owner Stan Kroenke becomes largest private landowner in the U.S.
Business

LA Rams, Denver Nuggets owner Stan Kroenke becomes largest private landowner in the U.S.

By Viral Trending Content 3 Min Read
Share
SHARE

Stan Kroenke, the rancher and billionaire owner of the Los Angeles Rams, Denver Nuggets and other major sports teams, is now the largest private landowner in the United States, according to The Land Report, which tracks private land holdings.

In December, the billionaire purchased 937,000 acres of noncontiguous land in New Mexico, according to the Land Report, making it the largest single land purchase in the U.S. since 2011 and nudging his total holdings to more than 2.7 million acres dotted across the American West and Canada.

Kroenke owns roughly 60 million square feet of commercial space, including huge sports venues in Inglewood, California, and Denver. He also owns the teams that play there — the LA Rams, Colorado Avalanche, Denver Nuggets and Colorado Mammoth — as well as the Colorado Rapids and Arsenal’s men’s and women’s soccer teams in Britain. His wife, Ann Walton Kroenke, is an heir to the Walmart fortune.

Stan Kroenke’s new ranch land was previously owned by the heirs of Henry Singleton, founder of the tech company Teledyne. Neither the seller’s brokers nor the buyer’s brokers disclosed details of the transaction. The Land Report had been tracking Singleton Ranches for several years and confirmed the sale via public databases in four of the counties the property spans.

Kroenke’s representatives did not respond to a request for comment.

Before the purchase of Singleton Ranches, Kroenke made headlines in 2016 with his purchase of Texas’ 535,000-acre Waggoner Ranch, which hadn’t changed ownership since its founding in 1849 and is the largest contiguous ranch in the state. Kroenke’s other high-profile purchases include the 124,000-acre Broken O Ranch in Montana in 2012 and the Winecup Gamble Ranch in Nevada, which he bought from former Reebok Chair Paul Fireman in 2019.

“Capital is moving into American land for a variety of reasons,” said Eric O’Keefe, editor of The Land Report. Among them, “It’s a proven return on investment in terms of the slow, steady appreciation.” The publication released its list of top 100 private landowners for 2026 at the annual Land Investment Expo in Des Moines, Iowa.

Land has always been an appealing investment to the ultrarich, but recent years have seen billionaires gobbling up ever larger quantities of it. According to The Land Report, the average quantity held by the top 100 landowners 10 years ago was 378,000 acres; today it is 430,000 acres.

The entire land mass of Delaware is 1.2 million acres. Kroenke’s holdings are over twice that size.

This article originally appeared in The New York Times.

Get more real estate and business news by signing up for our weekly newsletter, On the Block.

You Might Also Like

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

White House warned staff against betting on futures markets amid Iran war, official says

Only five ships crossed the Strait of Hormuz Thursday, far below Iran’s pledge as negotiations begin

TReDS tweak to ease MSME credit flow amid global pressure

1 FTSE 250 stock I like and 1 I’ll avoid after the stock market correction

TAGGED: bbc business, Business, business ideas, business insider, Business News, business plan, google my business, income, money, opportunity, small business, small business idea
Share This Article
Facebook Twitter Copy Link
Previous Article Bitcoin On-Chain Alert: 2021 Cycle Coins Just Moved
Next Article We choose Denmark over US, Greenland's PM says
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
Business
Apple AI Pin Specs Leak: Dual Cameras, No Screen & More
Tech News
A ‘glass-like’ battlefield: German Army chief on the future of warfare
World News
Polymarket Sees Record $153M Daily Volume After Chainlink Integration
Crypto
Natasha Lyonne Then & Now: See Before & After Photos of the Actress Here
Celebrity
Cult Hit Doki Doki Literature Club Fights Removal From Google Play Store Over ‘Depiction Of Sensitive Themes’
Gaming News
Dead as Disco Launches Into Early Access on May 5th, Groovy New Gameplay Released
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
April 10, 2026
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?