Media Mogul Rupert Murdoch Pays $200 Million for Montana Cattle Ranch in Record-Breaking Deal

[mahatmakanejeeves]

Media Mogul Rupert Murdoch Pays Roughly $200 Million for Montana Cattle Ranch in Record-Breaking Deal

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The roughly $200 million deal is the largest ranch sale in Montana history.

The ranch spans two separate counties and has 25 houses on it. https://wsj.com/articles/rupert-murdoch-buys-200-million-montana-ranch-from-the-koch-family-11639065752

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The media mogul and his wife, Jerry Murdoch, purchased a cattle ranch spanning about 340,000 acres next to Yellowstone National Park.

The seller was Koch Industries, led by Charles Koch. Charles and his late brother David are known for backing Republican politicians and conservative causes. https://wsj.com/articles/rupert-murdoch-buys-200-million-montana-ranch-from-the-koch-family-11639065752

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[czarjak]

1. Getting back to his Cornpone Zone Roots? Just a good ol' boy fittin' in!

[old guy]

2. Just another rural farmer we're supposed reach out to, no problem.

[2naSalit]

3. These are some of the people...

Who perpetuate the bullshit bison management in this state and they probably will be pushing for some ind of development when there shouldn't be any more development or cattle ranches within 100 miles of the park.

[2naSalit]

4. Do they mention the name of the ranch?

I could only see a couple paragraphs.

[mahatmakanejeeves]

6. Beaverhead Ranch

I copied as much from the paper as I could.

[2naSalit]

7. Thanks, I want to look it up...

It's in my back yard so I want to know where it is.

[mahatmakanejeeves]

9. I didn't see anything in the Bozeman Chronicle.

TWSJ. says this is an exclusive story.

[mahatmakanejeeves]

5. Rupert Murdoch Buys $200 Million Montana Ranch From the Koch Family

WSJ NEWS EXCLUSIVE | PRIVATE PROPERTIES

Rupert Murdoch Buys $200 Million Montana Ranch From the Koch Family

The media mogul and his wife, Jerry Murdoch, purchased a cattle ranch spanning about 340,000 acres near Yellowstone National Park

By E.B. Solomont and Candace Taylor
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https://twitter.com/CandaceETaylor
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Dec. 9, 2021 11:02 am ET

Media mogul Rupert Murdoch and his wife, Jerry Murdoch, have purchased a Montana cattle ranch spanning about 340,000 acres from Matador Cattle Co., a subsidiary of Koch Industries. The price was roughly $200 million, making it the largest ranch sale in Montana history, according to people with knowledge of the deal.

Known as Beaverhead Ranch, the property is located in southwest Montana near Yellowstone National Park. It was originally purchased more than seven decades ago by Fred Koch, who founded the crude-oil-gathering business that grew into Koch Industries, according to Matador’s website. Koch Industries is now led by one of his sons, Charles Koch, who, with his late brother, David Koch, is known for backing Republican politicians and conservative causes. Koch Industries didn’t respond to requests for comment.

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[2naSalit]

8. Thanks.

That's near the NE corner of the park between Red Lodge and Nye, there's a huge platinum mine nearby.