From Bloomberg via Yahoo Finance, January 8:
A Chinese national who made his fortune from online gaming has emerged as one of the most significant non-American holders of land in the US.
Chen Tianqiao owns 198,000 acres (80,127 hectares) of Oregon timberland, making him the country’s 82nd-largest property owner, according to the Land Report’s latest ranking.
Chen, 50, acquired the acreage from Fidelity National Financial Ventures for $85 million in 2015. Oregon tax records last month disclosed the name of the beneficial owner as Shanda Asset Management, the same moniker as Chen’s Singapore-based holding group.
His Oregon property makes him one of the biggest individual owners of American land by a non-US citizen. Only the Irving family of Canada — No. 6 on the Land Report’s list with over 1.2 million acres of Maine timberland — owns more....
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From The Land Report the ten largest owners of American land:
1 | ![]() | Emmerson Family | 2,411,000 | ||
2 | ![]() | John Malone | 2,200,000 | ||
3 | ![]() | Ted Turner | 2,000,000 | ||
4 | ![]() | Stan Kroenke | 1,700,000 | ↑72,500 | |
5 | ![]() | Reed Family | 1,661,000 | ||
6 | ![]() | Irving Family | 1,267,792 | ||
7 | ![]() | Buck Family | 1,236,000 | ||
8 | ![]() | Singleton Family | 1,100,000 | ||
9 | ![]() | Brad Kelley | 1,000,000 | ||
10 | ![]() | King Ranch Heirs | 911,215 |
....MUCH MORE