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Title : Amassing Acres In The Far West -- July 23, 2017
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Amassing Acres In The Far West -- July 23, 2017

Pretty funny. I have a reader who suggests that Mark Zuckerberg's visit to the midwest was to look at opportunities to buy Montana, ND, and SD land at fire-sale prices. That may or may not be the reason for Zuckerberg's visit to DAPL-Ground-Zero. Be that as it may, there is already someone who has been there, done that.

From The Wall Street Journal, oilman Russell Gordy has a $96 million collection—of ranches He has amassed 155,000 acres of land for hunting, fishing and raising cattle. He sometimes loses track of how many ranches he owns.

From the article: “If we were to throw you out here, they’d never find you,” said Russell Gordy, as he piloted his helicopter over the Absaroka mountains, flying from his sprawling Montana ranch to his even bigger ranch in Wyoming.

Mr. Gordy, a 66-year-old Texan with a deadpan sense of humor who made his fortune in the oil-and-gas industry, has two private planes. But the helicopter comes in handy for short hops around his domain: 155,000 or so acres of mountains, rivers, buttes and forest spread patchwork across the West, amassed for his personal enjoyment at a cost of roughly $96 million.

“I’ve always liked land. Every time I sold an oil and gas property, I would take some of the money and buy ranches,” said Mr. Gordy, whose closets are full of camouflage clothing, grouped by season.

Of course, as usual, much more at the link.

Disclaimer: this is not a real estate site. Do not make any real estate investment decisions based on what you read here or think you may have read here. 

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