LAND REPORT 100 SPECIAL ISSUE - Fay Ranches

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The 100
Largest
Land
Owners
in the
USA!
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The
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No. 1?
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We understand the joy of looking
out over land that is yours.
Knowing that through
your stewardship it is a healthier landscape
and seeing the subtle changes that
few would notice. Understanding the
rhythms of the land, which way the weather
comes in, and what it means when it comes
from the opposite direction.
We also understand the joy a ranch can bring
a child, when they land their first trout, learn
to ride a horse, or roast a marshmallow—
surrounded by those they love.
We consider ourselves very lucky here at
Fay Ranches because we can immerse ourselves
in these joys every day and help others
discover them. We are fortunate enough
to call several of those featured in
the Land Report 100 friends.
Here’s to you:
thank you for your commitment to the land,
to conserving our wild places,
and preserving our agricultural heritage.
Cheers,
FAYRANCHES.COM

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No. 1
The nation’s largest landowner,
John Malone, lays the blame for
his historic series of acquisitions
on his good friend Ted Turner,
saying Turner “first gave me
this land-buying disease.”
John Malone, the 70-year-old chairman of Liberty Media, is
famously reticent when it comes to discussing his business
life. There is, however, one subject that makes the Denver
businessman open up: his personal land holdings.
Recently, he’s had a lot more to talk about. In 2011, Malone
became the largest private landowner in the U.S., wresting the
top spot on The Land Report 100 from his friend and longtime
business partner, Ted Turner. His decades-long rise to the top
dates back to the 1990s, when Malone began acquiring land in
Colorado, New Mexico, and Wyoming. His land grab kicked
into overdrive in the summer of 2010 when he purchased
New Mexico’s historic 290,100-acre Bell Ranch. In early 2011,
he snapped up an additional 1 million acres of timberland in
Maine and New Hampshire to become America’s leading
land baron. Malone says his lust for land harkens back to his
Irish genes: “A certain land hunger comes from being denied
property ownership for so many generations.”
Why buy now? Malone says he was enticed by two trends:
a drop in land prices and a decrease in the cost of borrowing.
And though he says he operates his landholdings to break
even, he also recognizes that real estate “is a pretty decent
hedge on the devaluation of currency.”
Malone is an ardent conservationist, an ethic he shares
with Turner. While the duo’s ends are the same, their means
differ somewhat. “I tend to be more willing to admit that
human beings aren’t going away,” Malone says. His 2011
Maine and New Hampshire purchase, which was brokered
by LandVest’s Timberland Division, saw him acquire robust
sustainable forestry operations from private equity firm
GMO Renewable Resources. He intends to keep them in place.
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John Malone
2,200,000 acres
RICK WILKING / REUTERS
He applies this philosophy to his western properties, such as
the Bell, where he raises cattle and horses. Ultimately, he plans
to put all of his land in perpetual conservation easements.
So how does Malone’s good friend feel about being knocked
off the top spot on The Land Report 100? CNN’s founder
couldn’t be happier. “I consider John a good friend and
have great respect for him,” Turner says.
Malone notes that it was Turner who “first gave me this
land-buying disease” on a helicopter ride the two shared on
a Turner ranch. Malone is not done yet either. He says he is
looking at a large parcel in the Northeast and Canada that
would “double us in the forestry side.” He’s adding cropland
so that “we can go a little more vertical in cattle and produce
more of our own feed and control costs better,” he says.
But in the end, there’s more involved than economics and
conservation. “There’s the emotional and intellectual aspect of
walking the land and getting that sense of awe,” says Malone.
“I own it, sort of, for my lifetime.”
— Monte Burke
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111TH AERIAL PHOTOGRAPHY SQUADRON
2 Ted
Turner
2,000,000+ acres
Has anyone had more of an impact
on the land that we love than Ted
Turner? Who would be on that
short list — the Secretary of the Interior
or maybe the Director of the Bureau of
Land Management?
Although these appointees oversee
many times the acreage Turner owns himself,
their tenures are often quite abbreviated.
By comparison, Turner has been
buying — and bettering — farms, plantations,
and ranches since the 1970s. His
example has inspired a long list of
landowners, including fellow media
mogul John Malone (see facing page),
who blames Turner for giving him
“this land-buying disease.”
From a research standpoint, his Turner
Endangered Species Fund has endeavored
to enhance biodiversity by ensuring
No. 2
In typical Turner fashion,
the new 30 MW
Cimarron Solar
Facility ranks as one of
the nation’s largest
photovoltaic plants. It
is situated in Colfax
County, New Mexico,
adjacent to Turner’s
Vermejo Park Ranch.
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the persistence of dozens of imperiled
species such as the Aplomado falcon, the
Bolson tortoise, and the prairie dog.
Turner has singlehandedly resurrected the
fortunes of that paramount symbol of the
American West: the bison. Some 55,000
graze on different Turner properties, and
an ever-increasing number end up on the
menus of his popular eatery: Ted’s
Montana Grill. The grill’s latest
location opened for business on the
Pearl Street Mall in Boulder, Colorado.
TURNER ENTERPRISES, INC.
So what’s next for this larger-than-life
landowner? Turner’s commitment to
fostering a cleaner environment has
seen him transformed into a power
player. Literally.
In partnership with Southern
Company, Turner Renewable Energy is
now supplying electricity to some 9,000
households from its Cimarron Solar
Facility in Northern New Mexico. Of
equal importance to Turner is that the
new solar facility displaces over 45,000
tons of carbon dioxide annually. The 364acre
site is located in Colfax County adjacent
to Turner’s Vermejo Park Ranch.
More than 300 workers were required
to construct the plant (pictured at left),
which makes use of half a million thinfilm,
photovoltaic modules manufactured
by First Solar. At 30 megawatts, Cimarron
ranks among the nation’s largest solar
photovoltaic plants.
“We are very excited to see this
project completed and producing clean
solar energy to power homes and businesses
in New Mexico,” Turner said.
“Large-scale solar generation is among
the fastest-growing energy sources in the
world, and we’re pleased that we can be a
part of that growth.”
— Eric O’Keefe
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Archie Aldis Emmerson
1,870,000 acres
Emmerson’s Sierra Pacific Industries
(SPI) added to its holdings in 2011.
The third-generation, family-owned
forest products company is the secondlargest
lumber producer in the U.S. and
is committed to managing its lands in a
sustainable manner. SPI prides itself
on protecting the environment while
providing quality wood products and
renewable power. Sierra Pacific collaborated
with the U.S. Fish and Wildlife
Service and California Department of
Fish and Game in helping the Pacific
fisher flourish in the Sierra Nevada,
where it has been largely absent for 100
years. In addition, Emmerson’s company
donated over 10 miles of the historical
Amador Foothills Railroad to the
Amador County Historical Society and
the RRC Historical Society to ensure the
preservation of this piece of history.
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Brad Kelley
1,700,000 acres
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No. 3
An interesting aspect to the rise of
this Kentucky land baron is that
few people truly understand the
way he made his fortune. Like many horse
traders, Kelley’s business model is to buy
right, and then when the market moves
in his direction to take a profit. In
between the buy and the sell, Kelley
manages his assets on a shoestring
budget. That’s precisely the way he oversees
his land holdings today, and that’s
exactly what he was doing in his home
state when he took title to a building that
had some cigarette machines inside.
Instead of selling off the machines, he
began rolling his own. It turns out being
a latecomer in the tobacco industry was
not a liability. In fact, it was a huge asset,
particularly when his competition began
making multi-billion-dollar settlements
with states from coast to coast.
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Irving Family
1,200,000 acres
A Pacific fisher is released by
California Fish and Game per-
sonnel onto forestland owned
by the Emmerson family in
the Sierra Nevada. This reintroduction
of the species was
the culmination of a multiyear
collaboration between the
State of California, U.S. Fish
and Wildlife, and Sierra Pacific
Industries.
SIERRA PACIFIC INDUSTRIES
I1882, J.D. Irving began a business
that now employs 15,000 throughout
Eastern Canada and the U.S. J.D.
Irving, Limited has invested in biomass
energy, a clean, renewable natural
resource, at one of its paper mills. It’s
also moved to replace heavy oil with natural
gas on its Cavendish Farms, and
even to reduce greenhouse emissions at
its headquarters. The family’s Irving
Woodlands company is all about
forestry. Since its founding in Maine
over 60 years ago, this division has
made great strides in stewardship and
in reducing its carbon footprint. In
addition, the family company continues
its tradition of planting trees. Over
the past 50 years, it has planted over
827 million of them. This year alone,
J.D. Irving will plant some 28 million
seedlings in its forests.
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No. 19
Although potatoes
were the root of the
Simplot family’s
fortune, its holdings
have diversified into
many different crops,
including the corn field
shown here, near
Pasco, Washington.
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Singleton Family
1,110,000 acres
Although the family’s ranching
tradition dates back just 25 years,
Singleton Ranches has become
one of the country’s top five cow-calf
operations. New Mexico’s famed San
Cristobal Ranch, located just outside of
Santa Fe, is the hub of this empire, which
was founded by Dr. Henry Singleton,
who acquired 29 ranches in New Mexico
including 1 million deeded acres and
165,000 acres of state leases. His five
children also own and operate ranches
in California, including the historic
Peachtree and Top ranches in Salinas
Valley and the River Island Ranch at
the foothills of the Sierra Mountains.
The Salinas Valley ranches were once
part of the San Lorenzo Land Grant of
1842, and cowboys working those ranches
still use the traditional riatas, bits,
spurs, and tack of the legendary vaquero.
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King Ranch Heirs
911,215 acres
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On October 27 and 28, ranch
owners and operators from
across North America will
make the trek to the King Ranch
Institute for Ranch Management
(KRI) at Texas A&M Kingsville to learn
lessons in the Business Management of
Hunting Enterprises on Working
Ranches. KRI is one of many examples
of leadership that has been provided
by the descendants of Captain Richard
King. In the last century alone, King
Ranch has produced the first registered
American Quarter Horse as well as
Assault, the 1946 Triple Crown winner.
The first recognized breed of cattle
developed in the U.S., the Santa
Gertrudis, was bred on King Ranch
when the family set out to systematically
crossbreed its Shorthorn and Hereford
cattle with Brahman.
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Pingree Heirs
830,000 acres
J.R. SIMPLOT COMPANY
The Pingree family has tended its
Maine timberlands for almost two
centuries. The family’s patriarch,
David Pingree, made his first fortune in
New England’s booming shipping trade.
Pingree correctly forecast the demise of
the whaling industry and hedged his bets
by purchasing large tracts in the District
of Maine as early as 1820, the year it
became the country’s 23rd state. Today,
the family’s Seven Islands Land Co.
oversees forest land management on
much of the acreage that was not placed
in a historically large conservation easement.
The family’s focus is to grow and
manage natural resources with a view
toward a stable, continuing forestry
business. The family’s lands have been
certified as an American Tree Farm by
the Forest Stewardship Council and
the Sustainable Forestry Initiative.
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Reed Family
Ford Family
770,000 acres
625,000 acres
The descendants of founder Sol Simpson Roseburg Forest Products is the private,
own and operate Simpson Investment Ford family-owned company that owns and
Company and Green Diamond Resource operates its sustainable forestland
Company. The timberlands formerly in Oregon and California. Current President
owned by Simpson are now owned by and CEO Allyn Ford, son of founder
Green Diamond. In 1890, Sol Simpson Kenneth, oversees the company’s com-
started his company, and today Simpson mendable efforts. For years, Roseburg has
and Green Diamond are among the oldest utilized biomass cogeneration and recycled
continuously operating forest products tons of reclaimed wood into panels that
companies in the Pacific Northwest. sequester carbon. The company also plants
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Stan Kroenke
740,000 acres
millions of trees each year, has reduced its
carbon footprint through vertical integration,
and offers a wide selection of certifi-
Stan Kroenke is perhaps most famous for his ably green building products. Over 175,00
extensive ownership interests in various pro- acres of Roseburg timberland is certified by
fessional sports franchises: the NFL’s St. the Forest Stewardship Council.
Louis Rams, the NBA’s Denver Nuggets, the
NHL’s Colorado Rapids, and MLS’s
Colorado Rapids, along with a controlling
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12| Lykes Bros. Heirs
615,000 acres
stake in the English Premier League’s Arsenal The family holds 275,000 acres in Texas
FC. But he’s also made a name for himself in and 337,000 acres in Florida, and they’re
the West with his Cedar Creek Ranch, PV serious about the stewardship of every
Ranch, and Q Creek Land & Livestock square inch. The cattle operation is one
Company. If you find yourself at Kroenke’s of the largest in the country with equal
Pepsi Center in Denver to watch his Nuggets emphasis on forage quality and nutri-
play, try a buffalo burger at his Blue Sky Grill, tional value. The forestry division has
supplied by his herd at Q Creek.
worked with universities to develop a
No. 10
In addition to his
extensive ranching
operations, Stan
Kroenke (left) owns a
long list of sports
teams. Here he chats
with NBA
Commissioner David
Stern.
RICH WILKING / REUTERS
high-yielding eucalyptus as a future
bioenergy feedstock. Its 52,000 acres of
native pines in South Florida are pristine
areas exclusively managed for wildlife
habitat. Lykes Bros. also has a significant
sugar cane operation, and the company
is hard at work on a groundbreaking
cellulosic ethanol facility that will
convert renewable grasses to fuel.
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Briscoe Family
560,000 acres
The heirs of Dolph Briscoe Jr. are continuing
the legacy of the late two-time Texas
governor. The family’s Briscoe Ranch is
headquartered outside Uvalde, but it
spreads across nine counties in the Lone
Star State. Dolph Briscoe Sr., a cattle
rancher, began the family’s love affair with
the land, but it was his son who greatly
expanded the Briscoes’ holdings. Today,
the third generation of the family guides
the ranching operations.
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W.T. Waggoner Estate
535,000 acres
In a state as big at Texas, it’s quite an
honor to be the largest ranch under one
fence. Dan Waggoner was a pioneering
cattleman who established the ranch in
1849. His son, W.T., expanded it even
more. Today, the W.T. Waggoner Estate,
which is managed by A.B. Wharton and
Gene Willingham, oversees the ranch’s
massive cattle operation, horse breeding
program, and crop production.
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Holland Ware
500,000 acres
With holdings throughout the South
and as far afield as East Texas, Holland
Ware makes it a point to be personally
involved in the management of his
lands, most of which are timberland.
The Georgia native is also focused on
animal rescue philanthropy. He most
famously helped curb dogfighting in
the Southeast, but his efforts span the
country and he is a major supporter
of humane societies nationwide.
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D.M. O’Connor Heirs
500,000 acres
Dennis Martin O’Connor was reportedly
disappointed to strike oil instead of
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No. 13
water when he and his father began
drilling artesian wells to water their cattle.
Eventually, the Tom O’Connor Field
(named for D.M.’s father, the original
Texas Cattle King) became one of the
world’s most productive oil fields. Today,
D.M.’s descendants share ownership of
the family’s ranches in South Texas.
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Drummond Family
440,076 acres
The Drummond family has been ranching
in Oklahoma for over a century. Back then,
brothers Cecil, Gentner, and A.A. partnered
in a jointly-owned operation. Today,
their descendants are still farming and
ranching, working the land much like the
Drummonds did 100 years ago.
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Phillip Anschutz
434,493 acres
Although fiercely private, Phillip
Anschutz has made his name known in a
wide variety of industries thanks to his
unerring business acumen. In addition to
owning sizable and successful ranching
operations such as the Overland Trail
Cattle Company in Wyoming, his
Anschutz Corporation has worldwide
investments in energy exploration and
production, real estate, ranching and
LANDREPORT.COM
agriculture, telecommunications, newspapers,
and Internet publishing. And
his Anschutz Entertainment Group,
the world’s largest owner and operator
of sports and entertainment venues,
recently made news by announcing a new
NFL stadium deal in Los Angeles.
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J.R. Simplot Heirs
408,663 acres
J.R. Simplot first found success in the
potato business. Today, the company he
founded operates more three dozen
farms and over a dozen ranches in Idaho,
Nevada, Oregon, and Utah. Its efforts
in conservation and sustainability were
recognized by the U.S. Department of
Energy, which invited the company to
help develop a new voluntary energy
management system as a road map
for other industrial facilities.
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Fishing pals: Dolph
Briscoe Jr. (left), Sam
Rayburn (center), and
Jack Brooks (right).
THE BRISCOE CENTER FOR AMERICAN HISTORY
Robert Earl Holding
400,000 acres
In addition to ranches in Wyoming and
posh ski resorts in Idaho (Sun Valley)
and Utah (Snowbasin), Robert Earl
Holding of Sinclair Oil fame also owns
several luxury hotels, most notably the
Grand America Hotel in Salt Lake City.
In fact, Holding owns more real estate in
Salt Lake City than any other individual,
and he’s second overall to the Mormon
Church, which is based in Salt Lake.
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Anne Marion
365,000 acres
The president of Burnett Ranches
Ltd., Anne Marion owns the Four Sixes
Ranches in the Texas Panhandle and
Montana. The great-granddaughter of
the ranch’s founder, Captain Samuel
“Burk” Burnett, takes an active role in
managing the operations. The 6666 is
known for its Quarter Horse stallions
and its Angus cattle.
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East Family Foundation
350,000 acres
Robert East, the last East to run the
historic San Antonio Viejo Ranch, was
a great-grandson of Captain Richard
King (see No. 7 King Ranch Heirs).
Today, the nonprofit Robert East
Wildlife Foundation manages the ranch
and upholds the East family’s legacy.
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Hughes Family
325,000 acres
In the late 1960s, Dan Allen Hughes Sr.
discovered that land was a good place to
invest the earnings from his oil and gas
business. Today, the family’s holdings
stretch throughout their home state of
Texas. Primarily used for recreational
pursuits, the Hughes family also uses
some of its acreage to run cattle and for
commercial hunting. “Land is a good
investment, but it’s also something to
enjoy with your family and hopefully
pass on to future generations,” says
Dan Allen Hughes Jr.
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Collins Family
312,188 acres
The fourth generation oversees the
family’s Collins Companies, which
includes timber operations and Forest
Stewardship Council-certified forests.
Since 2010, the family added around
11,000 acres in Pennsylvania and just
over 6,000 acres along the California-
Oregon state line. As it has done since it
was founded in 1943, the family firm
focuses on sustainability and biodiversity
in its forests.
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Patrick Broe
310,000 acres
The Broe Group founder Patrick Broe
champions sustainability and conservation
efforts on his ranches. At his Notch
Peak Ranch in Wyoming, the focus is an
ongoing reforestation project as well as
initiatives to protect wild game. The
ranch is home to one of the area’s largest
herds of bighorn sheep. At his Great
Western Ranch in New Mexico, Broe
works to preserve the spirit of the true
Western ranch complete with a large,
well-managed herd of cattle and an abundance
of big game.
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Nunley Family
301,500 acres
Representing the third generation of a
respected ranching family, Richard and
Bob Nunley founded their Nunley Bros.
Ranches in 1972. Today, their holdings
are located throughout Texas and New
Mexico, and include a large-scale
cow-calf operation noted for its Santa
Gertrudis herd. The family’s Running N
Hunting Group offers trophy whitetail
deer, pronghorn, mule deer, and dove
hunts on properties in South Texas
and West Texas.
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Fasken Family
300,000 acres
David Fasken purchased the C Ranch in
Texas in 1912, which marked the beginning
of the family’s fondness for land.
After finding success in the oil and gas
industry, his heirs expanded their holdings.
This summer, the family’s Fasken
Oil & Ranch Ltd. broke ground on a
new corporate headquarters at that
very same C Ranch.
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Jeff Bezos
290,000 acres
The billionaire behind Amazon.com
owns property in Far West Texas that is
used primarily for his space exploration
venture, Blue Origin. Bezos’s Corn
Ranch is the site of test flights, most
notably for the New Shepard reusable
launch vehicle. This past spring, NASA
agreed to further fund the company’s
development of a manned space vehicle
and launch escape technology.
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Justin Granberg prepares for an
early morning roundup on the
La Escalera Ranch.
No. 32
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Collier Family
280,000 acres
Collier County takes its name from this
family’s patriarch, which gives you an
idea of the family’s landowning history.
Barron Gift Collier purchased his first
citrus grove in 1922. Today, the Colliers’
holdings reach across Florida. The
family’s Collier Enterprises emphasizes
responsible stewardship of its lands. The
company has helped establish a number
of wildlife preserves and sanctuaries in
Southwest Florida.
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H.L. Kokernot Heirs
278,000 acres
The Kokernots’ ties to Texas date back
to the Revolution. According to the
Texas State Historical Society, the
family’s o6 brand was first registered in
Calhoun County in 1837. Today, the
heirs of H.L. Kokernot Jr. tend to his
beloved Davis Mountains ranchlands
much as he would.
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Babbitt Ranches
270,000 acres
Established in 1886, Babbitt Ranches has
a long history of producing top-notch
Quarter Horses and exceptional cattle.
Billy Cordasco, a fourth-generation
family member, oversees operations. The
family’s ranches span much of Arizona,
including the Coconino Plateau Natural
Reserve Lands. Babbitt Ranches are
home to a diverse array of wildlife, which
may be partly due to the fact that cowboys
work the cattle today just as they
did over a century ago: on horseback.
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TREY LYDA
Lyda Family
260,000 acres
The Fort Stockton Division in the wilds
of West Texas forms the bulk of the
Lyda family’s holdings. After selling New
Mexico’s Ladder Ranch to Ted Turner,
family patriarch Gerald Lyda acquired
the sprawling cattle operation, which
extends across Pecos and Brewster
counties. Christened La Escalera Ranch,
the ranch runs Black Angus cattle and
boasts abundant wildlife, including
desert mule deer, pronghorn, elk,
Barbary sheep, coyotes, bobcats,
Rio Grande turkey, and blue quail.
Today, La Escalera is owned and
operated by siblings Gerald D. Lyda,
Gene Lyda, and Jo Lyda Granberg.
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Jones Heirs
Reynolds Family
33| 255,000 acres 35| 250,000 acres 37|
The Jones family’s holdings include the
Alta Vista Ranch, Alta Colorado Ranch,
and Borregos Ranch. A fourth-generation
descendant of patriarch William
Whitby Jones, A.C. Jones IV manages
the family’s land, most of which is
located near Corpus Christi, Texas.
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True Family
255,000 acres
In 1957, True Ranches LLC was
established in Wyoming. Like a lot of
ranch operators, there was a successful
oilfield company covering the bills.
Today, the True family still operates
multiple petroleum firms. But the
ranching division, True Ranches, has
also taken off and now includes seven
ranches, two farms, and two feedlots
in Wyoming, including the family’s
first holding, the Double Four, near
Laramie Peak.
The Reynolds Cattle Company dates
back to the era immediately following
the end of the Civil War. In 1895, the
company acquired 380,000 acres in
the Davis Mountains. In the 1920s, the
64,000-acre Rita Blanca Division of the
XIT Ranch was added to their tally.
Today, the family’s ranches spread across
Far West Texas and into New Mexico,
Arizona, Montana, and North Dakota.
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Mike Smith
248,500 acres
Slowly but steadily, Mike Smith of
Amarillo has added to his landholdings
over the years with the majority of his
acquisitions throughout Texas. A large
percentage of Smith’s holdings are
concentrated in the Panhandle region.
They include farmland and grassland
that is used for commercial
cattle and recreational pursuits.
Paul Fireman
247,000 acres
Former Reebok chairman and CEO (and
current Fireman Capital Partners chairman)
Paul Fireman owns one of the
largest ranching operations in the West.
The Winecup-Gamble Ranch in Nevada
has permitted grazing access to almost
750,000 acres. Add to that the ranch’s
deeded acreage and the total is just
under 1 million acres. In addition to
cattle, the Winecup-Gamble also has
geothermal hot springs and renowned
elk hunting. Previous owners of the
Winecup-Gamble include actor James
Stewart and former Nevada Governor
John Sparks.
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D.K. Boyd
243,664 acres
Texan D.K. Boyd learned about ranching
from the ground up, and he lists among
his mentors the legendary rancher Ted
Gray. Boyd and wife T.J. have holdings
No. 41
LAURENCE PARENT
The 55,374-acre Rockpile
Ranch is the crown jewel of
the Davis Mountains. Once a
part of the historic X Ranch, it
is now owned by McCoy
Remme Ranches and is being
offered for $985 per acre for a
total price of $54.5 million by
King Land & Water.

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that include the historic Frying Pan
Ranch and the LE Ranch, which are
still working cattle operations. The
West Texas native (and successful
oilman) shares his expertise on property
rights with fellow landowners —
in the grand cowboy tradition.
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The Koch Family
239,000 acres
The Kochs have vast holdings in Texas,
Kansas, and Montana. The family company
that oversees the ranches added
9,000 acres to its portfolio over the past
year. All of the ranches run Akaushi cattle
(a Japanese Wagyu breed) and work
the land with an emphasis on responsible
stewardship. In fact, the family’s historic
Matador Ranch in Texas has earned
awards from Texas Parks & Wildlife,
the Society for Range Management,
Texas & Southwestern Cattle Raisers
Association, and the Texas Commission
on Environmental Quality for its outstanding
land management programs.
40|
David Murdock
238,138 acres
Self-made billionaire David Murdock’s
privately owned Castle & Cooke owns 98
percent the Hawaiian island of Lanai,
and his Dole Food Company owns significant
acreage on the island of Oahu. He
has additional farms, orchards, and a
ranch in California to round out his
portfolio. The 88-year-old reportedly
does an hour of exercise daily and maintains
a strict diet. He has donated more
than $500 million to fund scientific
research on diet, nutrition, and health.
41|
McCoy & Remme Families
230,000 acres
This family-owned company acquired
its first ranch in Central Texas in
1961 and has gradually expanded its
holdings to include highly productive
tracts in the Davis Mountains of Far
West Texas. Management combines
traditional cow-calf ranching methods
with progressive rangeland monitoring
and stewardship. In 2010, the families’
historic 55,374-acre Rockpile Ranch
was listed by King Land & Water for
$54.5 million.
12 The Land Report | FA L L 20 1 1
No. 51
42|
Scott Family
220,000 acres
The Padlock Ranch dates back to 1943
when Homer and Mildred Scott ran
just 300 cows on 3,000 acres. In the
decades since then, the Padlock has
expanded substantially and now covers
almost half a million acres in Wyoming
and Montana; some 220,000 of those are
deeded. In addition to being a working
cattle ranch that raises 11,000 calves
annually, the Padlock also produces hay,
corn, and barley. It also offers ranch
vacations, drawing guests from as far
as Switzerland and Italy.
43|
Roxana Hayne & Joan Kelleher
213,370 acres
In the late 19th century, Vermont
native Alfred S. Gage founded what
would become known as the A. S. Gage
Ranches in Texas. Operations once covered
half a million acres. Today, Gage’s
granddaughters Roxana (Catto) Hayne
and Joan (Negley) Kelleher own the
largest remaining portion of this
historic ranch.
44|
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TheLand Report
Cassidy Heirs
212,985 acres
John Cassidy arrived in Bangor, Maine,
from Nova Scotia in 1859, and a decade
45|
HOODOO LAND & CATTLE COMPANY
Ever heard of a cow whisperer? This
is how they’re schooled at the Hunt’s
Hoodoo Land & Cattle Company.
later he had begun acquiring timberland
in the area. Over the years he continued
to add to his holdings, making a name
for himself and helping shape Bangor
along the way. Today, the family’s
Cassidy Timberlands has forestland
throughout the Pine Tree State.
Louis Moore Bacon
212,000 acres
The bulk of this hedge fund manager’s
holdings can be found in Southern
Colorado, where his 171,000-acre
Trinchera Ranch abuts Great Sand
Dunes National Park in the San Luis
Valley. Trinchera is also home to the
fifth-highest peak in the lower 48. A
noted conservationist, Bacon is battling
to prevent Xcel Energy and Tri-State
Generation from erecting a $180 million
power line that will run some 136
miles over La Veta Pass and into the
San Luis Valley.
46|
Killam Family
210,000 acres
Since O.W. Killam pioneered oil drilling
in South Texas in 1921, the family’s
Killam Companies has continued to find
oil in various locations at a steady clip.
Today the firm is led by David Killam,
who holds a professional degree in ranch
LANDREPORT.COM

No. 55
An Express Ranches cowboy eats dust on New
Mexico’s famed UU Bar Ranch, which was once
part of Waite Phillips’s Philmont Ranch.
management from Texas Christian
University. The family’s ranching operations
include the Ortiz Ranch and the
Duval County Ranch. Both offer hunting
and feature an ongoing management
program headed by a wildlife biologist.
46|
Irwin Heirs
210,000 acres
John Irwin II purchased the historic O
RO Ranch in the early 1970s, and today
the land is owned by his heirs. The O RO
is the only ranch in Northern Arizona
with a Spanish land grant in its chain of
title. Its horses can also be traced back to
Mexico’s Cananea Cattle Company.
48|
Langdale Family
200,000 acres
The family’s Langdale Company began
in 1894 with a crop of turpentine timber,
and today it’s evolved into a diversified
enterprise that includes forestry, forest
products, and land development. The
Langdales made sustainability a focus
decades before it became a buzzword;
since the 1930s, the company has
planted more trees than it’s harvested.
LANDREPORT.COM
48|
Eugene Gabrych
200,000 acres
California businessman Eugene
Gabrych, a self-made millionaire, has
ranches in California and Nevada that
are home to a variety of farming and
ranching activities. His 18,000-acre Rock
Springs Ranch is one of the best hunting
ranches in the Golden State, and offers
impressive views of the San Joaquin
Valley and the Sierra Nevadas.
50|
Bogle Family
192,000 acres
Family patriarch Hal Bogle assembled
an impressive collection of farms and
ranches in the Southwest, and his family
has continued his legacy through parent
company Bogle Ltd. In addition to farming
cropland, there is a respected cattle ranching
operation and Quarter Horse program.
51|
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TheLand Report
Hunt Family
190,000 acres
H.L. Hunt founded Hunt Oil Company
in 1934. Today, the family’s interests
go well beyond energy. Through the
Hoodoo Land & Cattle Company, the
Hunts own in Arizona, New Mexico,
Montana, Wyoming, Utah, and Texas.
The Hunt family is holding the land for
future development or mineral exploration,
but, until then, its farms and
ranches raise cattle and horses and produce
hay, corn, citrus, grains, and sugar.
52|
Tim Blixseth
189,000 acres
Blixseth found success as an entrepreneur
and timberland investor. He built
his fortune buying and selling timber
and timberland in the West and Pacific
Northwest, and today focuses on highend
real estate transactions through his
Nevada-based Desert Ranch partnership.
53|
Bidegain Family
180,000 acres
The T4 Cattle Company in Montoya,
New Mexico, has been in the family since
1902, when it was much smaller and originally
known as the Kohn Ranch. Phil
Bidegain, the founder’s great-grandson,
manages the sizable ranch, which
includes a cow-calf operation, Quarter
Horse program, and farming division.
GUSTAV SCHMIEGE III
FA L L 20 1 1 | The Land Report 13

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Williams Family
180,000 acres
The family’s Pitchfork Land & Cattle
Company, with a home ranch that
covers 165,000 acres in Texas, includes
a cow-calf operation, a hunting program,
and a horse program that is known
for its signature Pitchfork Gray. The
Pitchfork is also the site of successful
oil and gas exploration. It’s produced
millions of barrels of oil since the first
well was drilled over 30 years ago.
55|
Robert A. Funk
175,000 acres
Turn to page 36 to learn more about
Bob Funk’s Express Ranches, which are
headquartered on the Chisolm Trail in
Yukon, Oklahoma. Express is the
largest seedstock operation in the
country, and its annual production sale
— the Big Event — always draws the
country’s top cattlemen. In addition to
his Oklahoma holdings, Funk also
enjoys a considerable presence in
Northern New Mexico, where he owns
two legendary ranches: the UU Bar and
the Atmore.
56|
Russell Gordy
170,129 acres
Gordy, who found success in oil and gas
exploration, has sizable spreads in three
states. The Houstonian owns Rock Creek
Ranch in Southwest Texas, Lone Star
Land & Cattle Company in Wyoming,
and multiple ranches in Montana.
57|
Broadbent Family
170,000 acres
The family traces its holdings back to
the 1930s, when Joseph Ray “J.R.”
Broadbent began a lamb-feeding business
on the West Coast. Today his sons
Joseph S. Broadbent and Ray S.
Broadbent oversee Broadbent Grazing
Association and its operations in
California, Utah, and Wyoming.
58|
Sugg Family
166,655 acres
Brothers Cal H. Sugg Jr. and Joel Sugg
operate cattle ranches in the Lone Star
State, some of which have also proven
valuable for their oil production.
14 The LandReport | FA L L 20 1 1
59|
Benjamin W. Griffith III
161,093 acres
Southern Pine Plantations founder
Benjy Griffith has holdings in Georgia,
South Carolina, Florida, Virginia,
Tennessee, Texas, and Montana. He
emphasizes clean air and water along
with maximizing wildlife habitats on
each property. Griffith recently donated
$2.5 million to endow a scholarship at
Georgia’s Mercer University, and the
first recipient was named this summer.
Griffith is a graduate of the private
college. In addition, his father served
as a longtime member of its faculty.
In January 2011, Griffith acquired the
8,400-acre Senah Plantation, whose
name is derived from the backwards
spelling of a previous owner. Griffith
intends to turn Senah into one of
the finest wild bird plantations in
southern Georgia.
60|
Cogdell Family
160,000 acres
D.M. Cogdell Sr. began ranching in
Texas in the early 1900s, and his sons
D.M. Junior and Billy continued his
legacy. Today the best-known portion of
the empire they created is the 160,000acre
Tule Ranch in the Texas Panhandle,
which belongs to Billy’s children.
60|
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TheLand Report
Leo Drey Foundation
160,000 acres
St. Louis businessman and conservationist
Leo Drey accumulated large swaths
of forestland in Missouri in an effort to
protect and preserve them from clearcutting.
Today much of that land owned
by the not-for-profit L-A-D Foundation,
after Drey donated the fee titles.
62|
Fanjul Family
155,000 acres
The Fanjul family owns the largest
organic farm in Florida. Its privately
owned Florida Crystals practices the
highest standards of sustainable agriculture
in growing its crops of sugar cane,
rice, and corn in rotation. “Sustainable
farming is of the utmost importance,
because the cornerstone of successful
farming is protecting the land,” says
Chairman and CEO Alfonso Fanjul.
63|
Hearst Family
153,000 acres
The Hearst family’s ranches include the
Piedra Blanca Rancho (upon which sits
the famous Hearst Castle) and the Jack
Ranch, both in California. The ranches
have become known for exclusively
grass-fed beef, and practice wellmanaged
grazing in order to preserve the
condition of the coastal prairie and
native grasslands.
64|
Ellison Family
152,000 acres
Ellison Ranching Company was established
in 1910 and celebrated its centennial
last year. The family’s holdings include a
number of Nevada ranches, including the
Spanish Ranch, where headquarters are
located, and the 71 Ranch.
65|
Bass Family
150,000 acres
Family patriarch Sid Richardson was
a larger-than-life character whose
immense fortune earned him the
nickname “The Billionaire Bachelor.”
Richardson’s great-nephews — Bob,
Ed, Lee, and Sid — are similarly talented.
Although they are based in Fort
Worth, their holdings are far-flung.
65|
Emily Garvey Bonavia
150,000 acres
Emily Garvey Bonavia and the family’s
Nevada First Corporation have ranching
and timber operations in Nevada and
Oregon. Conservation of the land is
always top of mind, says Nevada First
President Gary Bengochea.
65|
Boswell Family
150,000 acres
The family’s J.G. Boswell Company
has vast cropland in California, most
of which is used to grow cotton and
tomatoes. Smaller crops include wheat,
sunflowers, and safflowers. CEO James
W. Boswell represents the third generation
of family leadership.
65|
Eddy Family
150,000 acres
The family-owned Port Blakely
Companies owns and manages opera-
LANDREPORT.COM

No. 59
Noted conservationist Benjy
Griffith maximizes wildlife
habitat on his timberlands.
tions in forestry, real estate, and forest
products exports. The Pacific Northwest
firm’s history reaches back over a century.
In the past year, a new generation
assumed leadership. Fourth-generation
family member René Ancinas became
CEO and is eager and committed to
carrying forward the company’s legacy
for future generations.
65|
William Henry Green Heirs
150,000 acres
The family’s historic Green Ranch, headquartered
in Albany, Texas, is a working
cattle ranch still run by descendants of
founder William Henry Green. The
Green Ranch is known for its outstanding
remuda as well as its cow-calf and
stocker cattle operations.
70|
Wells Family
149,000 acres
The Rush Creek Land & Livestock
Company, established by Thomas E.
Wells in 1890, is still a family-owned,
working cattle ranch. Spread out over
eight counties in Nebraska, Rush
Creek Land & Livestock has bred
and raised its own line of purebred
Arabian horses, which are used for
LANDREPORT.COM
working the cattle as well as for
endurance competitions.
71|
Gerald J. Ford
144,580 acres
New Mexico’s Diamond A Ranch once
belonged to Robert O. Anderson, the
nation’s largest landowner in the middle
of the last century. Today, it belongs to
SMU alumnus Gerald Ford, who also
owns 815 acres in Kentucky that was
once the site of Allen and Madeleine
Paulson’s Brookside Farm.
72|
Mike Mechenbier
142,000 acres
New Mexico rancher and philanthropist
Mechenbier has adjoining ranches,
including the Dockery-Collins, the Pie
Ranch, and the Four Daughters, named
in honor of his four girls. Mechenbier
also founded an orphanage that serves
as an alternative to foster care with a
focus on keeping siblings together.
73|
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TheLand Report
Harrison Family
140,000 acres
The Harrison Quarter Horse Ranch
traces its tradition of exceptional horses
to 1941, when D.J. Harrison first regis-
SOUTHERN PINE PLANTATIONS
tered his horses with the AQHA. Ranch
Manager Rosemary Harrison helps keep
this legacy alive.
73|
Thomas Lane Family
140,000 acres
Respected Montana rancher Thomas
Lane built his family’s cattle and ranch
business from half a section into seven
ranches throughout the state. Lane
passed away this past winter, and his
four sons and two daughters continue
the family’s ranching tradition and
legacy of stewardship.
75|
Isaac Ellwood Heirs
130,000 acres
The Renderbrook Spade Ranch was
established in 1889 in Texas by Isaac
Ellwood, who invented barbed wire.
Today, in addition to the original spread,
there are five more ranches in West
Texas that are collectively known as
Spade Ranches.
75|
JA Ranch Heirs
130,000 acres
The oldest privately-owned ranch in the
Texas Panhandle, the JA Ranch takes its
name and its brand from John Adair,
FA L L 20 1 1 | The LandReport 15

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GUSTAV SCHMIEGE III
who, along with his wife, Cornelia
Wadsworth Ritchie Adair, established
operations in 1876 in a partnership with
Charles Goodnight. Today, the JA is
managed in a partnership between
Cornelia’s great-granddaughter Cornelia
“Ninia” Ritchie, great-great-grandson
Andrew Montgomery Bivins, Jay
O’Brien, and Dale Smith.
75|
Monahan Family
130,000 acres
J.H. Monahan began the Monahan Cattle
Co. in Nebraska as a 160-acre homestead
in 1893. The ranch today spreads across
three counties and supports a substantial
commercial cattle operation, along with
a Hereford breeding program. Members
of the third generation of Monahans
oversee operations jointly.
78|
Les Davis Heirs
127,500 acres
In the New Mexico Territory, few could
rival Frank Springer. A brilliant attorney
and newspaperman for the Maxwell
Land Grant company, he played a crucial
role in the founding of many of the
future state’s leading cultural institutions,
including the Museum of New
Mexico. Learn more about his CS Ranch,
which he founded in 1873, by reading
the profile of Linda Davis on page 72.
No. 78
Although Frank Springer
founded the CS, it takes
its name from his brother
Charlie’s initials.
16 The LandReport | FA L L 20 1 1
79|
Booth Family
125,000 acres
The family’s Booth Land and Livestock
Ranch in Wyoming is a cow-calf operation
that has also been managed to
facilitate movement of wildlife such
as elk, pronghorn, and mule deer.
79|
Brite Ranch Heirs
125,000 acres
The Brite Ranch, founded in 1885 by
Luke Brite, is overseen today by the
fourth generation of the family. Jim
White III manages the ranch, located in
the Capote Mountains of Far West Texas.
81|
Reese Family
117,000 acres
Since last year, the Reese family added
12,000 acres to its Rockin’ 7 Ranch in
Wyoming, where the game includes
antelope, buffalo, mule and whitetail
deer, and pheasant. “Good people,
good country, good hunting — what else
could you ask for except maybe a little
less wind?” says fourth-generation
owner Brad Reese.
82|
Moursund Family
115,000 acres
With working ranchland in Oklahoma,
Texas, Nebraska, and South Dakota, the
Moursund family continues a tradition
that began generations ago on both
sides of the family. Today, siblings Will
Stribling Moursund and Mary
Moursund Reagor oversee operations.
83|
Scharbauer Family
113,532 acres
This pioneering family moved to West
Texas in the 1880s to run cattle. Then
they discovered oil on their ranchland.
Today, operations spread across several
counties in West Texas as well as the
Panhandle. In Denton County, the
Scharbauers raise Thoroughbreds at
Valor Farms. Their best, Alysheba,
won the Kentucky Derby in 1987.
84|
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TheLand Report
Clayton and Modesta Williams Jr.
112,042 acres
Clayton Williams Jr. is a legend in the oil
and gas industry, but he and his wife
Modesta are also dedicated ranchers.
Mike Mechenbier
No. 72
They decreased their West Texas holdings
over the past year, but they remain
passionate about their land.
85|
Stan Harper
111,877 acres
New Mexico native Stan Harper has
land and cattle operations in Texas and
New Mexico, with the majority of his
holdings in the Land of Enchantment.
In addition to his Angus and Hereford
herds, he also raises bison and has a
Quarter Horse program.
86|
Frank Leonard VanderSloot
110,448 acres
Melaleuca founder and CEO Frank
VanderSloot applied his entrepreneurial
spirit to ranching. His Riverbend Ranch,
headquartered in Idaho Falls, is among
the top 20 commercial cattle operations
and the top 20 seedstock operations in
the country. It’s known for its purebred
Black Angus. Additionally, his Fort
Ranch in Utah has built a reputation for
its pedigreed Quarter Horse program.
87|
Richard and Victoria Evans
110,000 acres
The couple’s expansive Double V Ranch
in New Mexico is located about 25 miles
south of Fort Sumner. Their considerable
domestic holdings, however, are a
drop in the bucket compared to their
500,000 acres in South America.
RANDY SINER / NEW MEXICO BUSINESS WEEKLY
LANDREPORT.COM

The JA Ranch is the oldest
privately-owned ranch in
the Texas Panhandle.
87|
Linnebur Family
110,000 acres
The family has a proud history of landholding
in Colorado. Gene Linnebur
and descendants of his late brothers
Emmett and Lloyd continue the tradition
in a variety of farming and ranching
endeavors, including Linnebur
Grain & Buffalo.
89|
Moore Family
105,000 acres
The family’s Broken O Ranch in
Montana continues as a working cattle
ranch under the heirs of William and
Desiree Moore. Ranch Manager Dan
Freeman, who guided the Broken O
alongside the Moores, still oversees
operations.
90|
Robinson Family
103,000 acres
The family owns the Hawaiian island of
Ni’ihau in addition to acreage on Kauai.
Brothers Bruce and Keith Robinson
have made extraordinary efforts to preserve
the native Ni’ihau way of life and
protect rare flora and fauna, such as the
endangered Hawaiian monk seal.
91|
Beggs Family
100,000 acres
The Beggs Cattle Company, established
in 1876, comprises three ranches that
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JA RANCH
No. 75
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TheLand Report
extend across seven counties in Texas.
Today the fourth generation of the family
oversees the cow-calf operations and
Quarter Horse program.
91|
Milliken Family
100,000 acres
The family’s Baskahegan Company
owns and manages timberland in Maine,
and its forest is certified by the Forest
Stewardship Council. The firm is led
by Roger Milliken, Jr., who is also the
chairman of The Nature Conservancy.
91|
Powell Heirs
100,000 acres
At the family’s Six Mile Ranch near
Fort McKavett, Texas, the Powells have
been breeding Herefords for 57 years.
Respected third-generation rancher
James L. “Jimmie” Powell oversees
Powell Ranches today.
No. 99
Hampton Affiliates got its
start in 1935 when Bud
Hampton began operating
a Tacoma lumberyard.
91|
Walter Umphrey
100,000 acres
The famed Beaumont attorney has ranches
throughout South Texas, and once owned
an additional 3.2 million acres in Australia.
91|
Yates Family
100,000 acres
The family owns Yates Petroleum, one
of the largest producers of oil and gas in
New Mexico, where their holdings also
include the historic Ojo Feliz Ranch.
96|
Butler Heirs
97,389 acres
The family’s Fort Union Ranch, which
has been under their ownership for
well over a century, is a working cowcalf
operation. In 1954, the Butlers
donated the Fort Union National
Monument and surrounding land to
the National Park Service.
FA L L 20 1 1 | The LandReport 17

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Eshleman-Vogt Family
93,812 acres
The Eshleman-Vogt Ranch, a working cattle
ranch with whitetail deer hunting near
Hebbronville, Texas, has been in the family
since the late 1880s.
98|
J. Luther King Jr. & Frank King
93,037 acres
The King brothers have holdings in the heart
of Texas that they operate independently,
including 4K Land and Cattle Co. Luther is
the founder and president of Luther King
Capital Management in Fort Worth.
99|
Hampton Family
92,041 acres
Family-owned Hampton Affiliates is a forest
products business with headquarters in
Portland. Its timberland is managed sustainable
and is certified through the Sustainable
Forestry Initiative.
100|
Aubrey McClendon
90,574 acres
McClendon loves land. It was an essential
aspect of his childhood growing up in the
Sooner State; it’s been an integral element
of his career as the chairman and CEO of
Chesapeake Energy Corporation, which
he founded in 1989 with just 10 employees
and $50,000 paid-in capital. More
than two decades later, Chesapeake has
staked its claim as an industry leader and
is now the most active driller of new
wells in the U.S. So how did his company
begin its rocket-like ascent in the energy
industry? Land, of course, specifically,
high-quality leases the company secured
in McClendon’s home state of Oklahoma.
As the Duke alumnus often says, “No
lease, no grease.”
Today, Chesapeake has amassed a leading
portfolio of some of the best leases in
the country’s most prolific unconventional
liquid plays, hidden fields with intriguing
names like Bone Spring, Granite
Wash, and Wolfberry. And then there are
the Barnett, the Haynesville, the Bossier,
the Marcellus, and the Pearsall.
McClendon believes these natural gas
plays are not just his company’s future.
He sees this clean fossil fuel as the keystone
of America’s future. In the mind of
this energy executive, natural gas has the
18 The LandReport | FA L L 20 1 1
No. 100
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potential to revive the sluggish U.S. economy
while helping to put an end to the
“insane” transfer of some $400 billion,
hard-earned American dollars annually to
oil-exporting countries, many of whose
leaders are sworn enemies of the U.S.
With this in mind, Chesapeake
announced a $1 billion investment fund
this summer. Its goal is a simple one: to
break OPEC’s stranglehold on our economy
while creating much-needed American
jobs. (See www.chk.com/independence.)
Says this Land Report 100er, “We
believe the long-term solution to
America’s economic and energy challenges
will come from American natural
resources, American ingenuity, and
American innovation.”
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