New Mexico
A 900K-acre land sale just made LA Rams owner Stan Kroenke the nation’s largest private landowner
The purchase of a New Mexico ranch nearing 1 million acres tipped the scales for Stan Kroenke, who is now the largest private landowner in America.
Kroenke, 78, topped Land Report’s annual list of the country’s 100 largest landowners, leading a pack of billionaires eager to beef up their rural portfolios.
Kroenke is worth an estimated $26.8 billion, according to Bloomberg, largely thanks to his ownership of sport franchises like the Los Angeles Rams, the Denver Nuggets and the UK’s Arsenal Football Club — as well as several of the teams’ sports arenas.
Kroenke, a Missouri native, is married to Walmart heiress Ann Walton Kroenke.
Kroenke recently acquired more than 937,000 acres of noncontiguous New Mexico ranchland, rounding out his total land holdings to more than 2.7 million acres across the American West and Canada.
Land Report confirmed the December deal, which spans four New Mexico counties. The off-market transaction is the largest single land purchase in the US since 2011.
The price of Kroenke’s New Mexico purchase remains under wraps, but Land Report estimated the former value of his ranch holdings at $3.9 billion.
Kroenke made headlines in 2016 when he snapped up Texas’ historic Waggoner Ranch — the 535,000-acre property is largest piece of unbroken ranchland in the Lone Star State. Other acquisitions include massive ranches in Montana and Nevada.
In addition to rolling rural plains, Kroenke owns an estimated 60 million square feet of commercial holdings, the New York Times reported, including sports venues in California and Denver.
The investor’s busy two decades of ranch acquisitions has set him far above other high-profile billionaires like Jeff Bezos and Bill Gates.
Bezos’ holdings ranked 21st in Land Report’s report, spanning close to half a million acres largely concentrated in Texas. Gates trailed behind in 44th place, whose prolific farmland purchases span roughly 275,000 acres.
An uptick in rural land grabs among billionaires over the past decade was hastened along in recent years by the lockdowns of the COVID-19 pandemic and the so-called “Yellowstone Effect.”
New Mexico
Four New Mexico companies nominated for ‘Best Hot Air Balloon Ride’ by USA Today
NEW MEXICO (KRQE) — Four companies in New Mexico have been nominated for USA Today’s “Best Hot Air Balloon Ride” list for 2026. Voting is open now through June 1.
Here’s a look at the New Mexico nominees:
- Four Corners Balloon Rides (Albuquerque)
- “Four Corners Balloon Rides will get you soaring above Albuquerque in a hot air balloon. They fly smaller balloons with a capacity of up to 12 passengers, and you can opt between shared flights or a private charter, with flights running for about 45 minutes to an hour. You’ll see beautiful views of the Rio Grande Valley, the Sandia Mountains, and all of Albuquerque some 2,000 feet below you. The pilot, Daniel, has over 3,000 hours of flight time, so you’re ensured to be in good, safe hands. “
- Rainbow Ryders (Albuquerque)
- “As home to the International Balloon Fiesta, Albuquerque is one of the world’s most popular spots for hot air ballooning. Rainbow Ryders offers daily flights throughout the year, which have you floating above the high desert landscape of New Mexico, as well as the Phoenix-Scottsdale area. The company is also the official hot air balloon ride operator at the Albuquerque International Balloon Fiesta.“
- World Balloon (Albuquerque)
- “World Balloon in Albuquerque, New Mexico, offers both group and private hot air balloon flights throughout the year. On flights that usually last an hour, passengers can enjoy unmatched views of the Rio Grande River and Bosque or watch the sunrise over the city.”
- X-Treme-Lee Fun Balloon Adventures (Gallup)
- “X-Treme-Lee Fun Balloon Adventures provides a beautiful sunrise hot air balloon tour near Gallup, New Mexico. On journeys that typically last about an hour, passengers can enjoy views of scenic Red Rock Park’s canyons and spires.”
A total of 20 companies were nominated overall. Multiple companies in neighboring states were also nominated. Those include Above It All in Aspen, Colorado, Adventures Out West in Colorado Springs, Firebird Balloons in Phoenix, Grand Adventure Balloon Tours in Winter Park, Colorado, Hot Air Expeditions in Phoenix, and Red Rock Balloons in Sedona, Arizona.
The winner will be determined by readers’ votes. You can vote online.
New Mexico
Future of free childcare for all families in New Mexico remains uncertain
Gov. Michelle Lujan Grisham has no regrets about universal childcare.
As she approaches the end of her second term in New Mexico’s top office, she acknowledges there are some things she would have done differently. In a recent interview, she called 20/20 hindsight a “very powerful tool” that not enough politicians put to good use.
Moving the state toward a free childcare system — open to all New Mexico families regardless of income — isn’t on that list, however. The issue has turned into one of the defining public policy issues of Lujan Grisham’s tenure — which will come to an end later this year. The state’s heavily Democratic Legislature, initially wary of the program, has since voiced support and created a funding stream to continue the initiative for the next five years.
‘You have to start there’
Childcare costs, benefits
‘We have to get it right’
GOP might ‘peel back’ scope
New Mexico
Opinion: Applauding Heinrich for bi-partisan permitting reform work – New Mexico Political Report
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