Stan Kroenke Buys $133 Million Montana Ranch

Stan Kroenke/ Photo Courtesy of St.Louis Business Journal

The St. Louis Rams, Denver Nuggets,Colorado Rapids, Colorado Avalanche, Colorado Mammoth — add nearly 5,000 cows and 124,000 acres of farmland to that growing list.

Rams owner Stan Kroenke has purchased a 124,000-acre farm in Montana, and it’s one of the biggest agricultural operations in the Rocky Mountain West.

The ranch was listed for $132.5 million, and Kroenke closed on the deal Tuesday for an undisclosed price that is believed to be in the nine figures, Forbes reports.

Kroenke, 65, who ranked No. 358 on Forbes’ 2012 list of the world’s billionaireswith a net worth of $3.2 billion, ranked as the 10th largest landowner in America and owned an estimated 740,000 acres of real estate in the United States before Tuesday’s purchase, according to a 2012 report by LandReport, which bills itself as the “magazine of the American landowner.” Read more on St. Louis Business Journal.


Tags:, , , , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students