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.”
Arizona State baseball will host a four-game homestand, beginning with New Mexico State on Wednesday, April 22.
The Sun Devils and Aggies faced each other in late March, with ASU winning 10-4. The two teams will meet for the final time at 6:35 p.m. at Phoenix Municipal Stadium.
ASU will then welcome Baylor on Friday, April 24, for a three-game series. The Sun Devils have yet to face the Bears this season, but ASU has been doing well so far and has been in the top 25 for four weeks.
Sophomore center fielder Landon Hairston earned Big 12 player of the week honors on April 13, after delivering five home runs in five games. His 10 runs in that stretch were tied for the second-most nationally and his 14 runs batted in were tied for third-most nationally. All nine of his hits went for extra bases, three more than any other player.
ASU’s series against Baylor will start at 6:35 p.m. for the first two games, followed by a 1:05 p.m. start on Sunday, April 26.
April 19
Softball at Houston, Cougar Softball Stadium, noon.
April 22
Baseball vs New Mexico State, Phoenix Municipal Stadium, 6:35 p.m.
April 23
Women’s golf at Big 12 Championship, Dallas Athletic Club, TBA.
Track and field at Penn Relays, Franklin Field, 1:22 p.m.
Beach volleyball at Big 12 Championship, Bear Down Beach, all day.
April 24
Baseball vs Baylor, Phoenix Municipal Stadium, 6:35 p.m.
Softball vs Texas Tech, Farrington Stadium, 7 p.m.
April 25
Lacrosse at Colorado, Prentup Field, 11 a.m.
Softball vs Texas Tech, Farrington Stadium, 3 p.m.
Baseball vs Baylor, Phoenix Municipal Stadium, 6:35 p.m.
Reach the reporter or send tips for stories at jenna.ortiz@arizonarepublic.com, as well as @jennarortiz on X.
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Josh’s Saturday Night Forecast
NEW MEXICO (KRQE) – Calmer weather has moved back into the state this afternoon. Temperatures are slightly warmer across northwestern New Mexico, while southeastern areas are cooler thanks to the backdoor cold fronts that moved in on Friday. Breezier winds will return Sunday and will help kick off a warming trend across the state, along with an elevated fire threat in eastern New Mexico.
Warmer weather will continue building in across the state throughout the upcoming week. A few isolated rain chances will return Monday in parts of New Mexico, but some of that rain may evaporate before reaching the ground.
Good morning!
Heading out the door this morning? Bundle up! Cold air has settled into the Land of Enchantment after two cold fronts passed through New Mexico within the last 24 hours. Temperatures have fallen to the teens, 20s and 30s throughout northern New Mexico. The metro area is just as cold with Moriarty falling to the teens and several other cities bottoming out near the freezing point. The National Weather Service (NWS) has Freeze Warnings in place until 9 a.m. for several locations in northern and central New Mexico. However, one of the aforementioned cold fronts is still moving through eastern New Mexico this morning. That back door cold front has brought 30-45 mph wind gusts, or more, in southeastern New Mexico. The front will push west further west this morning bringing breezy winds to far south and southwestern New Mexico this afternoon. Otherwise, much calmer weather will be on tap for the state compared to the majority of this week.
The colder air this morning will bring cooler and seasonable weather to the Land of Enchantment later on Saturday. Afternoon highs will range from the high 50s, in sections of the northern mountains, to the 70s in southern New Mexico. Throughout the weekend into early next week a warming trend is expected as a ridge of high pressure builds on Sunday, which is forecasted to last through at least Tuesday. By next Tuesday, high temperatures will be 5 to 15 degrees above normal, and even warmer for some locations by next Wednesday with breezy conditions returning to the state.
Moisture does stream back into the state early next week across New Mexico. Tomorrow’s forecast is expected to have cloud coverage increase with warmer weather. On Monday sufficient moisture in the mid to upper levels of the atmosphere will bring the chance for showers; however, moisture levels toward the surface will be lower. That will also bring the chance for dry showers and thunderstorms throughout the state. Have a great weekend and stay warm this morning!
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