Waggoner Ranch: Iconic Chunk of Texas for Sale at $725 Million
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- เผยแพร่เมื่อ 26 ก.ย. 2024
- The Waggoner Ranch in north Texas is slightly smaller than Rhode Island and is the largest ranch in the U.S. within a single fence. Everything about it is Texas-scale: the colorful history, the sprawl, the oil that lies beneath it, and the feud among the heirs that is forcing a court-ordered sale. This old-fashioned working ranch comes with 6,800 cattle, 500 quarter horses, more than 1,000 producing oil wells, nearly 30,000 acres of farmland and more than 150 years of history. The price tag: $725 Million. (Video by: Jeniece Pettitt, Ryo Ikegami) (Source: Bloomberg)
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I live in north Tx, and went to school with guys who worked on the Waggoner Ranch, I hate to see it sell because it is an iconic part of TX, I cant imagine someone who can pay that much money for a ranch that would have respect for the life style and what ranches like the Waggoner meant for the development of America.
I am sure a corporation will buy it
Rich fuckhead Stan Kroenke who married into Walmart money bought it. He's basically the personification of a corporation and prolly just bought it to compete in land holdings with the Ted Turners and John Malones of the world.
Kroenke bought it and has no respect
Chinese! Just like they bought the 6666 ranch.
@@keepitreal4494sad af smh I just can’t see how people can’t respect land, each other, and just life itself 😢
I like how she says "I think it's worth so much more than that. The history, the horses, ect". Mentions everything but the OIL.
Haha yup that's why they loosing the ranch because they don't know how to run it ...
To her, the ranch wasn't about the oil. Family disputes can ruin your heritage. What _typically_ happens is a few families no longer want anything to do with the ranch (either they live elsewhere or are in financial problems) and want to sell "their share," but the inheritance clause/contract stipulates it has to remain in the family or be sold all together. The family members who want to sell probably make five or low six figures a year and figure this will make them rich quickly. They can't sell "their share" to other family members, because they don't have that liquid cash on hand.
When the majority rules without respect to the minority, this is what happens.
They’ve had/wasted most of the oil there over the last 100 years.
Look, Simba. Everything the light touches is our kingdom.
$725 million dollars for 207.000 hectares of total land seems quite cheap. Thats 2/3 of the total area of Rhode Island.
That’s not a ranch it’s a state!!!!!!!!!!!!
@Ragnar Walsung if you think that's big come to Australia.
@@pauljarvis446 Na that Ranch is the biggest in the world Australia bush is just uninhabitable land
@@Islam_is_the_truth.4 Anna Creek station in South Australia is the largest cattle station in the world.
Australia's 10 biggest cattle stations are bigger than anything you have.
@@pauljarvis446 Bigger than anything you have but 90% uninhabitable lol no different to the Sahara desert
@@Islam_is_the_truth.4 where did you get that bullshit from? There are towns scattered throughout the outback.
The named deserts cover 18%, and 70% is either arid or semi arid land. 40% of the interior is considered desert because it receives so little rain fall.
Such a shame when family argues over land. My great grandfather left land to his kids and to this day the grandkids (my aunts and uncles and their cousins) are arguing over what to do with the land. It has caused a rift in the family that shouldn't have been.
This ranch has so much history and I can't see it staying a ranch unless a conservancy buys it and tries to maintain some of the old west.
NOT Money, but the LOVE OF IT is the root to all evil!!!
This is why owner should always handle it to his favorite kid before death like a monarchy..period
I came here to post just that. A true family leader and patriarch will treat his siblings, their offspring and his, equally...even if he doesn't particularly care for them. He insures a living will still be made for the family long after he is gone. THAT is what a patriarch does. And to think now a days people find that word offensive.@@Bambotb
I'm a Waggoner from Texas & would be more than happy to help run it!
This ranch per year produce oil worth around 20 to 40 million USD depend upon the market
No
More like around 15mil... pushin 20 maybe.... def not 40 though....
@@pascualgonzalez90 why not ?
Because the quantity of barrels per month multiplied by 12 and again by the current price per barrel turns out 17 mil...
@@pascualgonzalez90 when I wrote this comment it's worth 25 million
From 2008 to 2014 price go as high as 60 million so yes not only 40 million if you're lucky it can go up to 60 million
What a shame. Wish that girl owned it outright.....
Priceless, 66 year old cowboy! ❤️
I totally agree with the young lady about the history that you cannot buy. It will Break her heart when it Sales. I personally hope it's another ranching outfit that will appreciate the land, cattle and history, and use it accordingly!!
And to think I thought 510 acres was a nice size.
Its about 1000x nicer
It is.
bro its 510000 acres
Well, I guess it's what you do with that land that matters.
No way I would ever sell that place not even if there was a fire! Id have to find a way to at least keep it in the family.
That’s not the only thing you’re keeping in the family billy bob ((;
i think 725million is too low for what the ranch includes.
Yup I wish I had that money ... It has a oil like that's good with me
Maybe because no one that wanted it had that a billion dollars lol. It seems like a low price even at the 725. It's hard for a normal person like me to wrap my around. I could not imagine owning that much land.
Make ur money back just in the oil over the years, over 30 year mortgage u would make over 100 million just in oil
Im extremly surprised that the ranch has not been designated as a registered historic landmark.
If I had the money I would definitely but it and let the respectful family members visit it just to retain its history
Tell me, just how can you "lose" history?
I doubt that. If you had that amount of money plus more then why won't you build your OWN history?
I would simply let them stay there and manage the property for me.
My understanding is they laid off alot of Cowboys and they all had to move off ranch most to Seymour
So sad the end of a cattle ranch.
What a shame, that family members are willing to give up such a legacy.
Dutton’s ranch still going strong
Lol
Glad it worked for them...
You should be putting this up for about 100 billion
can i buy this ranch... i can pay by a money order?
This is about 797 square miles of land, you could drive 60mph for 13 hrs and still not be out of the property, if your in the center of the property it takes about 7 hours to get to the outside, the size of this is insane
Running lotus 797 mile is around 90 multiple 90 miles dude. So it’s one hour drive side to side .
What r u talking about lol, 640 acres in 1 square mile, if you drive 60 mph it takes 1 minute so that means if it’s 797 square miles in a perfect square, it would take over 13 hours to drive across, its massive
@@runninglotus66 You might want to retake geometry. That would be true if all the square miles were side by side in a straight line, but they aren't. The property is sort of a large rectangle. It is 60 miles from Bull Run Pasture on the northeast corner to the David Camp on the southwest corner. Fyi, a 28 mile by 28 mile square = 784 square miles.
@@runninglotus66 I suggest you retake high school maths, you don't quite understand the concept of square miles.
I am going to buy Waggoner Ranch.
must take lots of hands to keep it clean & not rundown.
I pray it was sold to someone that keep it going as it is and to developers that will destroy it.
They obviously have there reasons for selling but it's just really sad too!!!been with a family for so long and now it's going.
Makes Over 2 million a month just in oil, that’s over 30million a year
I'll take it
I need $725 million dollars
If it comes with mineral rights that means you get some oil money that's a bargain 35,000 barrels per month × 40 to 70dlrs per barrel monthly.
True
Till it runs dry
more than 5000000 acres that is bigger than the so many country
why the horses you have no idea if they will be taken care of
O , what I wouldn't give to have even a few hundred acres ....
Liquidation time.
I’d have sworn Elizabeth Holmes was narrating this at the beginning....
What about people in ranch with purchase
With how much the USA government spends on military they should buy ranches like this.
Hope it's bought by Texans rather than foreigners...🇺🇲🇺🇲🇺🇲🙏🙏
Did it ever sell and for how much?
Stan kroneke, 725m.
Is it still for sale willing to offer 760 million dollars I like it plus it's very cheap
Just so it is purchased by an American citizen…no foreign money!
Was it sold?
Just to let y’all know yes it did sell to a billionaire
Bills finna be the one buying it
is it sold?
Soon some Chinese or Arab will own it....
FDSeoul San Diego
then what the fuck are you doing with the last 10 that you filtered out? why they are waiting on your fucking cows to finish their pregnancy before they can buy this shit dump property? fuck you loser, you dont find guys to buy your fucking property...
FDSeoul San Diego$ 725 million divided by 510 thousand acres is $1421/ acre. Big difference....Mind you i bet they would love to get 725 billion for it!!
+BlueTaurianBull ki
Kimberly Benjamin
pu
+FDSeoul San Diego you are as dumb as they come
Did anyone buy this ranch 🤔
About 525,000 acres for $725,000,000 works out to $1,381 per acre - this place is a bargain!! Wish I had the money to buy it! Someone like Bill Gates should buy the property and preserve it. I would hate to see it subdivided and ruined.
As usual someone builds something and the relatives and kids sell it off for money, in the end nothing will be left of the ranch or the money.
I want to buy it.
You are selling a states worth of land to the highest bidder. Make sure it’s another American ranching family and make it part of the agreement that it must go to another ranching family after that.
That ranch could have it own zip code
What a waste. It should be kept in the family. And since they are selling it, 725 million is way to cheap. Atleast 2-3 billion is what i would ask, given the fact of what is being bought and given when purchased.
Sell your heritage, i am just jealous
If i could buy it I'd turn it into a rainforest.
You've obviously never been to that part of Texas, ha ha!!
Time for a bit of trivia, so here goes. Are the Waggoners of Swiss-German descent or German?
I'm a direct descendent of Dan Waggoner, My GGGrandfather, Johann Jacob Wagner was the brother of Dan Wagner. Johann Jacob Wagner left The Rhine Valley of Germany in the early 1700's and first settled in Davidson County, N. Carolina. We're all German!
I think there is issue with wild hog much so much work to be done
I want that my Grand Amo AND Amo
Young lady what do you mean, you can’t buy this or that. Sure you can thanks why it for sale.
And to think a piece of Texas history ended up in the hands of some Yankee that’s never rode a horse... such a shame
Even worse a Chinese company
Yo lo voy air a comprar de mi se acuerdan humanos
Just sale to an American please. Can’t have China owning a state size area of land.
You can buy the same amount of acres in russia for less than 300m$
Was it sold? if yes, when?
It sold in Feb 2016 to Stan Kroenke.
@The Lion Exact selling price wasn't disclosed but it must have been in the ballpark of the asking price since the families agreed to sell.
but it has no mountains
Wagoneer Rancher using a King Ranch pick up truck 🤔
Property taxes of upwards of 800,000 a year.
family ruined something great
So why are they selling it?
Long interesting story. There were two heirs from two branches of the family and it was in a trust. Neither side could afford to buy the other out and they couldn't decide whether to sell it off in bits or divide it down the middle. A judge ordered it to be sold.
If its priceless why the you sell it for 725 million?
Why would they sell it? Their family would have work for generations their family will never be hungry
Long interesting story. There were two heirs from two branches of the family and it was in a trust. Neither side could afford to buy the other out and they couldn't decide whether to sell it off in bits or divide it down the middle. A judge ordered it to be sold.
I bought it
I'll grab it for 500 million.
I wouldn’t sell or develop a single acre
Mark my words. Someone will come soon, get it back from this Kroenke and make Brooke the CEO and give her back her home. It is so sad. This someone will come unexpected and out of nowhere.
You might be hitting the nail on the head...
Kroenke closed Lake Diversion and told everyone living there to get out and some of those people lost everything, lost their homes, everything. Some people were retired and living on a meager income. One man killed himself. Kroenke assured the family he would continue to lease the property at the lake but he's a liar.
I feel so bad for you, especially because it’s getting sold all because of Family in fighting. The outcome will only destroy peoples life’s all because of Greed.
👍
The famliy might just become billionaires!
tear it down and build a golf course and condos
Hundreds of people loosing there jobs due to money hungry people
You mean your great-great-great Grandfather came out and took (stole) the land from the entire native Indian population that existed there for thousands of years before your grandfather, and you all get rich. Don't want to talk about that.
acourtneyification Exactly.
You read my mind, They came from Europe to steal the lands of the Indians, then claim they inherited her grand grandparents. What a joke ⛵️🙅🏻♂️😱
Betcha sing a different tune when the Chinese WIN it from US............er...excuse me, I mean y'all.
acourtneyification get over it. If you are so concerned about stuff like that go back to where your family originated 3000 years ago. Ever country in the world has been taken over by someone else at some point. Even your precious American Indians invaded and stole land occupied by other American Indian Nations. Stop looking backwards in time live for now and tomorrow.
im sorry but you act like america was under control by one group of people... hundreds of different indians tribes savagely killed each other over land all the time. there was no organization that controlled land. indian tribes have been fighting for land control for thousands of years.. we just came and did it better and won. get over it
why selll it ??????????…˚……………………………… wtf. destroy your heritage ☹️
Long interesting story. There were two heirs from two branches of the family and it was in a trust. Neither side could afford to buy the other out and they couldn't decide whether to sell it off in bits or divide it down the middle. A judge ordered it to be sold.
It's alright. The technology was developed too fast