Rupert Murdoch Buys Sprawling 340,000 Acre Montana Property, Mansion, For Reported $200 Million

Source: https://www.zerohedge.com/markets/rupert-murdoch-buys-sprawling-340000-acre-montana-property-mansion-reported-200-million
Published: Dec 12, 2021
Author: Tyler Durden
Post Date: 2021-12-12 23:55:26 by Horse
Views: 426

It is the largest ranch sale in Montana's history...

90 year old Rupert Murdoch and his wife just purchased a sprawling $200 million cattle ranch, with attached mansion, that was formerly owned by the Koch family.

The property is 340,000 acres, according to Bloomberg, and is known as "Beaverhead".

A spokesperson for Murdoch declined to comment on the price of the property, but the previous owner has been confirmed to be Matador Cattle Co., a unit of Koch Industries.

It is the largest ranch sale in Montana's history, the report says. Koch Industries bought the property about 70 years ago. It's located near Yellowstone National Park.

The property features elk, antelope and mule deer and is also located next to a 28 mile long river that's good for trout fishing, Bloomberg noted.

The price of the property pales in comparison to Murdoch's reported net worth, which stands at about $8.8 billion.

Poster Comment:

He overpaid big time. We entered Global Cooling so he will have an even shorter growing season. And the natives of Montana won't lift a finger to defend an old Jew. Though he did buy from Jews.

Post Comment   Private Reply

#1: Darkwing    To: Horse (#0)

Who gives a rats ass, what this guy buys.

Darkwing posted on 2021-12-13 05:33:30   Reply   Private Reply

#2: BTP Holdings    To: Horse (#0)

It is the largest ranch sale in Montana's history, the report says. Koch Industries bought the property about 70 years ago. It's located near Yellowstone National Park.

The property features elk, antelope and mule deer and is also located next to a 28 mile long river that's good for trout fishing,

I wonder if there are any Bison on the property? Yellowstone is the locale of the last remnant of Buffalo herds from years gone by. ;)

BTP Holdings posted on 2021-12-13 07:02:41   Reply   Private Reply

#3: Horse    To: BTP Holdings (#2)

Bison are raised commercially. Apparently not.

Horse posted on 2021-12-13 07:29:54   Reply   Private Reply

#4: Lod    To: Horse (#0)

$588/AC is not unreasonable for that many unique acres, a working cattle ranch and a mansion.

Lod posted on 2021-12-13 09:29:37   Reply   Private Reply

#5: BTP Holdings    To: Horse (#3)

Bison are raised commercially.

Then there is the cross between Bison and beef cattle called Beefalo. ;)

BTP Holdings posted on 2021-12-13 15:57:52   Reply   Private Reply