While corporations can always offer more stock, and governments can always issue more bonds, there is one asset that has had a pretty fixed supply on earth for the last several million years: Land. And some Americans own quite a lot of that asset.
The Land Report publishes an annual ranking of the biggest private landowners in the US, as measured by total acreage. According to their most recent list, each of the 20 individuals and families that own the most land hold over a half-million acres each.
Many of the biggest landowners are families with deep, inter-generational roots, holding vast swathes of ranch or timberland across the country for decades. Some are more recent entries, with successful businesspeople in industries like telecommunications or fast food investing their wealth in the world’s oldest asset.
Check out the 20 biggest private landowners in the US, according to The Land Report!