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Chen Tianqiao owns 198,000 acres (80,127 hectares) of Oregon timberland, making him the country’s 82nd-largest property owner, according to the Land Report’s latest ranking.

Chen, 50, acquired the acreage from Fidelity National Financial Ventures for $85 million in 2015. Oregon tax records last month disclosed the name of the beneficial owner as Shanda Asset Management, the same moniker as Chen’s Singapore-based holding group.

His Oregon property makes him one of the biggest individual owners of American land by a non-US citizen. Only the Irving family of Canada — No. 6 on the Land Report’s list with over 1.2 million acres of Maine timberland — owns more.

https://finance.yahoo.com/news/chinese-billionaire-second-biggest-foreign-172504581.html

I thought Bill Gates as the first largest?


572 posted on 01/09/2024 2:52:01 PM PST by Melian (✳✴️ Reminder: Memes are made to make you think or laugh. Verify for yourself before reposting. ✳️✴️)
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To: Melian

Gates has land, but he’s a piker in actual surface area...


575 posted on 01/09/2024 2:56:38 PM PST by Axenolith (MALITIIS HOMINUM EST OBVIANDUM)
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