The United States is the third largest country on Earth by landmass (behind Russia and Canada,) covering nearly 2.3 billion acres. About 60% (1.4 billion acres) is privately owned, while the rest is owned by federal, state, and local governments, and tribal reservations. While urban areas make up only 3% of the U.S. land base, most of the country is rural – with the majority being used for agriculture (including cropland and livestock pasture) and forestry.
If the nation’s private land was divided amongst the current population of the United States, each person would own about 4.19. Of course, not everyone has the money or desire to invest in rural landholdings. While over 44 million households rent – rather than own – their homes, other individuals, families, and heirs own hundreds of thousands of acres.
To determine the 50 largest landowners in the United States, 24/7 Wall St. reviewed data from The Land Report magazine’s 2021 Land Report 100. The report’s estimates are based on information from other published reports, online databases, tax records, and information provided by various landowners, and include only rural land holdings. Ownership must be deeded, not leased, but note that some of these landowners also lease significant tracts of pastureland from the federal government.
Much of the holdings are ranch or timberland in the Southwest and on the West Coast. Accordingly, many of the landowners are in the ranching or forestry business, while some are also oil company owners or media or entertainment moguls. Almost no land in the Midwest or Northeast belongs to America’s major landowners, with the notable exception of forests in northern Maine.
The 50 individuals, families, and heirs on the list own at least 261,000 acres apiece and nearly 32 million acres combined – or about 1.4% of the country’s total landmass. Nine families or individuals own over 1 million acres each, while the top four own at least 2 million acres each. (This is the city in every state with the most billionaires.)
The largest landholders in America are the Emmerson Family, owners of the California-based lumber company Sierra Pacific Industries. In 2021, they acquired 175,000 acres in Oregon from Seneca Jones Timber, which raised the family’s holdings to 2.33 million acres. No. 2 on the list is Liberty Media Chairman John Malone, who owns 2.2 million acres of ranch and timber holdings, while third is the Reed family, who own a Washington-based forest products company with land holdings in California, Oregon, and Washington.
Big-name billionaires like Jeff Bezos and Bill Gates also rank among the top 50 landowners. Bill Gates made headlines in 2020 for becoming the largest owner of private farmland in the U.S. Over the past decade, the Microsoft co-founder has accumulated about 269,000 acres of active farmland in 18 states. Other billionaire business magnates on the list include L.A. Rams owner Stan Kroenke and CNN founder Ted Turner. Here are the richest Americans of all time.
Click here to see which people own the most land in America
50. D.K. Boyd
> Land area owned: 261,937 acres
[in-text-ad]
49. Galt Family
> Land area owned: 262,000 acres
24/7 Wall St.
48. Four Sixes Ranch
> Land area owned: 266,255 acres
47. Bill Gates
> Land area owned: 268,984 acres
[in-text-ad-2]
46. True Family
> Land area owned: 272,000 acres
45. Malone Mitchell 3rd
> Land area owned: 273,000 acres
[in-text-ad]
42. Babbitt Heirs
> Land area owned: 275,000 acres
42. Jones Family
> Land area owned: 275,000 acres
42. Lee Family
> Land area owned: 275,000 acres
[in-text-ad-2]
41. Killam Family
> Land area owned: 277,000 acres
40. Kokernot Heirs
> Land area owned: 278,000 acres
[in-text-ad]
39. Collier Family
> Land area owned: 280,000 acres
38. Fasken Family
> Land area owned: 280,648 acres
37. Walker Heirs
> Land area owned: 284,000 acres
[in-text-ad-2]
36. Llano Partners
> Land area owned: 284,000 acres
35. Bass Family
> Land area owned: 285,000 acres
[in-text-ad]
34. Barta Family
> Land area owned: 286,000 acres
33. Collins Family
> Land area owned: 311,380 acres
32. Robinson & Freed Families
> Land area owned: 329,000 acres
[in-text-ad-2]
31. Mike Smith
> Land area owned: 339,000 acres
30. Cullen Heirs
> Land area owned: 388,000 acres
[in-text-ad]
29. Hughes Family
> Land area owned: 395,000 acres
24/7 Wall St.
28. Holding Family
> Land area owned: 395,030 acres
27. Shannon Kizer
> Land area owned: 397,000 acres
[in-text-ad-2]
26. Stefan Soloviev
> Land area owned: 398,000 acres
25. Zane & Tanya Kiehne
> Land area owned: 400,000 acres
[in-text-ad]
24. Jeff Bezos
> Land area owned: 420,000 acres
23. Fisher Family
> Land area owned: 440,000 acres
22. Simplot Family
> Land area owned: 443,091 acres
[in-text-ad-2]
21. Don Horton
> Land area owned: 508,410 acres
20. Westervelt Heirs
> Land area owned: 518,000 acres
[in-text-ad]
19. Martin Family
> Land area owned: 550,000 acres
24/7 Wall St.
18. Stimson Family
> Land area owned: 552,000 acres
17. Thomas Peterffy
> Land area owned: 581,000 acres
[in-text-ad-2]
16. O’Connor Heirs
> Land area owned: 587,800 acres
15. Ford Family
> Land area owned: 600,000 acres
[in-text-ad]
14. Lykes Heirs
> Land area owned: 615,000 acres
24/7 Wall St.
13. Wilks Brothers
> Land area owned: 675,000 acres
12. Briscoe Family
> Land area owned: 686,000 acres
[in-text-ad-2]
11. Pingree Heirs
> Land area owned: 830,000 acres
10. King Ranch Heirs
> Land area owned: 911,215 acres
[in-text-ad]
9. Singleton Family
> Land area owned: 1,100,000 acres
8. Brad Kelly
> Land area owned: 1,139,984 acres
7. Peter Buck
> Land area owned: 1,236,000 acres
[in-text-ad-2]
6. Irving Family
> Land area owned: 1,267,792 acres
5. Kroenke Ranches
> Land area owned: 1,627,500 acres
[in-text-ad]
4. Ted Turner
> Land area owned: 2,000,000 acres
3. Reed Family
> Land area owned: 2,100,000 acres
2. John Malone
> Land area owned: 2,200,000 acres
[in-text-ad-2]
1. Emerson Family
> Land area owned: 2,330,000 acres
The #1 Thing to Do Before You Claim Social Security (Sponsor)
Choosing the right (or wrong) time to claim Social Security can dramatically change your retirement. So, before making one of the biggest decisions of your financial life, it’s a smart idea to get an extra set of eyes on your complete financial situation.
A financial advisor can help you decide the right Social Security option for you and your family. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.
Click here to match with up to 3 financial pros who would be excited to help you optimize your Social Security outcomes.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.