The billionaire owner of English Premier League club, Arsenal and NFL team, Los Angeles Rams, Stan Kroenke and his billionaire wife, Ann Walton have bought the biggest ranch in the United States, the 535,000-acre W.T. Waggoner Ranch in Texas. The ranch had been placed for sale at $725 million but it has not been stated whether Kroenke paid that amount for the property. Kroenke is reportedly worth $6.3 billion while his wife is worth $4.9 billion.
Cattle baron, Dan Waggoner established the estate in 1849 – and it has operated with its backwards ‘D’ logo ever since. The estate includes the 510,000-acre ranch spread over six North Texas counties, with two main compounds, hundreds of homes, about 20 cowboy camps, 500 quarter-horses, 7,500 cattle, and 30,000 acres of cultivated land. Oil was discovered on the property in 1902 and there are now more than a thousand wells spread across the property. It’s been called the ‘Statue of Liberty’ of cowboy culture. W.T. Waggoner built the Arlington Downs racetrack that operated in Arlington during the 1930s. His granddaughter Electra Waggoner Biggs was a noted sculptress after whom Buick named a luxury car and Lockheed named a plane.