Top 100 Land Owners

[HDRider]

They ain't making any more of it.

The top 100 landowners of America, who collectively own about the same amount of acreage as the state of Connecticut.

America's Top 100 Land Owners - Modern Farmer

Between 2012 and 2013, the top 100 added 700,000 acres to their collective portfolios, just about tying the total area of Connecticut.

modernfarmer.com

 

[HDRider]

As of January 1, 2013, it was illegal for foreign entities to purchase farmland in Missouri. But in mid-2013 a bipartisan group of state legislators succeeded in softening the rule—even overcoming a governor's veto to do so.

Critics allege that the change helped to ease the takeover of Virginia-based meat processor Smithfield Foods by WH Group, then known as Shuanghui Group, a Chinese food processing conglomerate. Smithfield owns at least 40,000 acres of farmland in the state, according to a 2020 Post-Dispatch report, and the deal couldn't go through as written without the rule change.

"The new law was sponsored by a legislator who has received more than $30,000 in campaign contributions to date from Smithfield Foods," wrote St. Louis Post-Dispatch reporter Kevin McDermott, in a 2015 investigation. "And it was advanced by a state Senate committee of which every single member had previously received money from the company."

Foreign ownership of U.S. farmland is growing. A Missouri lawmaker wants to ban it in the state.

The bill brings up questions about who is really driving up land prices in farm country: foreign entities or domestic investors?

thecounter.org

 

[sim.-ang.king]

Looks like I didn't make the list, this year.

 

[HDRider]

It makes you think owning land is a smart idea

 

[shaz]

You can have a high net worth and nothing in your checking account.

Nattie Light anyone?

 

[J+ Cattle]

That article is several years old. The Waggoner Ranch sold over 5 years ago to Stan Kroenke, owner of the LA Rams.

Sold! Texas's legendary Waggoner ranch bought by Arsenal owner Stan Kroenke

Private transaction between Waggoner estate and Kroenke – a rancher who also owns NFL’s Los Angeles Rams – marks first time ranch has ever been sold

www.theguardian.com

It seems that when you have more money than you know what to do with it all you buy land. The super rich don't need the income from the ranching operation to live off of, it's just a way to protect the money from inflation.

 

[BFE]

Looks like I didn't make the list, this year.

You're at #101. Don't blow smoke up our butts.

 

[Ky hills]

You can have a high net worth and nothing in your checking account.

Nattie Light anyone?

Yes that sums up the story of my life.
Don't know any Nattie Lights, maybe a beer reference. Either way I'll pass on that.

 

[MurraysMutts]

Is there a current list?

 

[TCRanch]

You can have a high net worth and nothing in your checking account.

Nattie Light anyone?

True. But you can also have both & still prefer Natty.

 

[Brute 23]

Is there a current list?

No. None of those articles are really accurate but that one is especially out dated.

 

[greybeard]

who has received more than $30,000 in campaign contributions to date from Smithfield Foods

That's not a really huge amount for a campaign contribution. You would think Smithfield would have been able to cough up more than 6 bits for every acre it enabled the Chinese to get their hands on.....

 

[Brute 23]

It makes you think owning land is a smart idea

It is if you have other businesses dang near printing money and you are looking for a place to put it.