Billionaire Stan Kroenke buys Broken O Ranch
December 06, 2012 - Montana
Billionaire Stan Kroenke has bought a roughly 124,000-acre ranch near Augusta, Montana, owned by the estate of William and Desiree Moore, the late co-founders of Kelly-Moore Paints.
The ranch was put on the market for $132.5 million last December, after Mrs. Moore died in 2010. Mr. Moore died six years earlier.
Called the Broken O Ranch, the property lies about 35 miles northwest of Great Falls. The ranch has a 10,000-square-foot main home, an indoor swimming pool and about 25 guest and staff houses. It is also home to roughly 4,500 cattle and the largest irrigated farm in the state.
Mr. Kroenke was ranked 10th in this year's Land Report 100, a ranking of the 100 largest landowners in the U.S.
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