TEXAS SIZED MYSTERY: WHO OWNS THIS $725 MILLION RANCH?

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The iconic Waggoner Ranch of Texas fame has been up for sale for the past 2 years and bidding closed on it just a few days ago. As of the writing of this article, the new owner(s) still hasn’t come forward.

And that’s causing some apprehension among the 125 or so ranch employees.

Is it a Chinese or Saudi corporation? Is it a Texan? Will they break up the land and parcel it out? What will happen to our jobs?

From The Guardian:

The sales brochure calls it “a giant piece of Texas history” – with a price tag to match. The Waggoner was listed at $725m. It is thought to be the country’s largest ranch behind one fence, as well as the most expensive ever to be placed on the market. It was founded in 1849 and has remained in the Waggoner family, but heirs spent decades quarreling over its future before a judge finally approved a plan to sell it.

The staff are anxiously waiting for news about the new owner’s intentions, fearing that the estate could be broken up and jobs lost. Uechtritz said that the contenders are “all good people who want to, as far as I understand it, protect and preserve the ranch and would like to own a significant piece of Texan and American history.

 

Here’s the sales video put together by the real estate company:

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How would you like to be the new owner?

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