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New LA Angels owner Stan Kroenke is quietly America’s largest private landowner, boasting 2.7 million acres and besting Bill Gates and Jeff Bezos

Reported by Fortune
Sep 2, 2026· 3 min read
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Key Takeaways
  • • Stan Kroenke controls 2.7 million acres of U.S. land—approximately the size of Yosemite National Park—making him America's largest private landowner as of the 2025 Land Report, surpassing billionaires including Bill Gates and Jeff Bezos.
  • • Kroenke's landholdings surged dramatically following his December purchase of 937,000 acres of ranchland from the Singleton family (Teledyne Technologies), representing the largest U.S. land acquisition in over a decade and propelling him from the No. 4 position to No. 1 on the Land Report rankings.
  • • The LA Angels acquisition, announced for finalization in Q1 2027, expands Kroenke's sports portfolio to include controlling interests in the LA Rams, Denver Nuggets, Colorado Avalanche, Arsenal FC, and the Angels, creating one of the most concentrated sports-asset holdings among individual investors.
  • • Kroenke's real estate empire originated through commercial development—primarily shopping centers anchored by Walmart—and has been substantially enhanced through his marriage to Walmart heiress Ann Walton Kroenke since 1974, establishing a generational wealth platform.
  • • The acquisition signals an accelerating trend among ultra-high-net-worth individuals deploying capital into farmland and ranchland as alternative assets, reflecting broader institutional interest in agricultural real estate as an inflation hedge and diversification vehicle.
Summary
Stan Kroenke, the Colorado-based billionaire and owner of a portfolio of world-class sports franchises, has consolidated his position as America's largest private landowner with 2.7 million acres—a landmass larger than Yosemite National Park and equivalent to approximately 2 million football fields. According to the 2025 Land Report, Kroenke has climbed from the No. 4 position to the top of the rankings, surpassing fellow billionaires including John Malone and others in total acreage controlled.

The dramatic ascent in Kroenke's land rankings was driven primarily by a December acquisition of 937,000 acres of ranchland from the Singleton family, principal shareholders of industrial conglomerate Teledyne Technologies. This transaction marked the largest land purchase in the United States in more than a decade, substantially augmenting Kroenke's existing holdings and illustrating the scale of capital deployment by ultra-wealthy investors into agricultural and ranch assets.

Kroenke's diversified portfolio now extends across multiple asset classes. On the sports side, he announced the acquisition of the Los Angeles Angels from Arte Moreno, with the transaction expected to close in the first quarter of 2027. Upon completion, Kroenke will control a constellation of elite franchises: the LA Rams and Denver Nuggets (NFL and NBA respectively), the Colorado Avalanche (NHL), Arsenal Football Club (Premier League), and the Angels (MLB). This concentration of sports assets is uncommon among individual investors and underscores Kroenke's positioning as a significant player in global sports ownership.

The foundation of Kroenke's wealth originates from commercial real estate development, particularly shopping centers anchored by Walmart and other major retailers. His financial position has been substantially augmented through his 1974 marriage to Ann Walton Kroenke, a Walmart heiress, providing access to generational wealth derived from the retail giant's dominance. The convergence of self-made commercial real estate success and family wealth positioning has enabled Kroenke to deploy capital across distinct alternative asset classes—sports franchises, ranch and farmland, and commercial real estate—at scale typically unavailable to individual investors.

The broader market context reveals a pronounced trend: ultra-high-net-worth individuals are increasingly allocating capital to farmland and ranchland as alternative investments, driven by perceived inflation protection, portfolio diversification benefits, and steady cash flows from agricultural operations. Kroenke's position as the largest private landowner exemplifies this institutional-grade capital deployment strategy among the ultra-wealthy, positioning him at the forefront of alternative asset accumulation beyond traditional equities and fixed income.

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Fortune New LA Angels owner Stan Kroenke is quietly America’s largest private landowner, boasting 2.7 million acres and besting Bill Gates and Jeff Bezos