May
2012
Monday, October 17, 2011
Robert Frank, Wealth Report
Submitted by: Kevin Zirulo

John Malone Biggest Landowner in the U.S.

The 2011 Land Report 100, anointed cable pioneer John Malone America's number one land baron with over 2.2 million acres.

[Wealth Report] The 70-year-old cable pioneer and chairman of Liberty Media now owns 2.2 million acres, after purchasing more than 1 million acres of timberland in Maine and New Hampshire earlier this year.

A depressed market is helping fuel a surge in land buying among the richest Americans. Malone claims to be purchasing the land to safeguard it's natural heritage, other a fearful he is simply helping fuel an era of "Kingdom Buyers".

Posted by Editor on 10/17/11 at 06:52 AM •  (0) Comments

Tags:  wealth, land,

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