ARSENAL and LA Rams owner Stan Kroenke is worth an incredible £11.5BILLION and has a property portfolio to match.
The American sports tycoon and his Walmart heiress wife purchased the United States’ largest ranch in 2016 and it’s so big you could fit the entire cities of New York and Los Angeles inside its borders.
The W.T Waggoner Ranch is the largest in the USA
The estate in Texas stretches over a staggering 535,000 acres
Kroenke paid £500m for the land in 2016
New York City AND Los Angeles would both fit inside its borders
At a whopping 535,000 acres, the W.T Waggoner Ranch in Texas was bought by Kroenke and his wife Ann Walton for a cool £500million.
The ranch includes thousands of cattle, hundreds of horses and oil wells, and 30,000 acres of farmland.
Due to financial difficulties at Emirates Stadium, the 75-year-old billionaire’s company, Kroenke Sports and Entertainment, which owns Arsenal, had to lay off 55 employees during the pandemic.
In addition, he owns the NBA team Denver Nuggets, the NHL team Colorado Avalanche, the MLS team Colorado Rapids, and the NFL team Los Angeles Rams, who won the Super Bowl.
Additionally, he contributed billions of dollars to the building of Inglewood, California’s SoFI Stadium, which can accommodate 70,000 people.
When he secured the ranch in 2016, Kroenke said: “This is an incredible opportunity and an even greater responsibility.
Kroenke said he was honoured to protect the American landmark when he bought the ranch in 2016.
“We are honoured to assume ownership of the Waggoner – a true Texas and American landmark – and are deeply committed to continuing the proud legacy of W.T. “Tom” Waggoner, his family and his descendants.
“Our gratitude to them and to the many parties involved in this process is immense. We will continue to preserve and protect this uniquely American treasure.”
Kroenke was a divisive figure at Arsenal and in 2019 Gunners fans issued a joint statement calling on him to reinvigorate the club.
The statement said supporters had “never felt more marginalized”. The club then sacked Unai Emery and hired Mikel Arteta.
Since then, the Gunners’ on-field success and major squad investments have made it appear as though the supporters were heard, as Arsenal is now positioned to challenge for the title.
Kroenke is wed to Ann, whose father Bud was among the first investors in Walmart, which his brother Sam founded.
The 124,000-acre Broken O Ranch in Montana is another historic property that Kroenke purchased in 2012.
He also owns ranches in Wyoming, Arizona and British Columbia.
New York City could fit inside the ranch’s border
And Los Angeles could still fit alongside NYC within the boundaries
The ranch comes with 30,000 acres of farmland
Agricultural machinery is seen across the gigantic swathes of land
Oil wells are also dotted across the property in Northern Texas
Picturesque stone outhouses also feature on the land
Kroenke’s estate stretches as far as the eye can see