Latest news with #ranch
Daily Mail
19 hours ago
- Business
- Daily Mail
New Mexico ranch sells for nine-figure sum
Published: | Updated: A New Mexico ranch more than half the size of the state of Rhode Island has sold after being listed for a staggering, nine-figure sum. The 540,000-acre Great Western Ranch was put on the market for $142 million in 2024 by the Horton family, the development dynasty that spent the last decade building the mammoth property. Featuring 134 acres of pastureland, 1,900 calf pairs and 900 cows, it supports one of the largest livestock operations in the country. It boasts eight homes, including a primary lodge for guests and a ranch manager's house. Also located on the land is an equipment shop, wells, barns and corrals for livestock, according to the Wall Street Journal. Sitting outside the rural community of Quemado near the Arizona state line, the ranch's headquarters is located about 150 miles from Albuquerque, according to listing agent Jeff Buerger of Hall and Hall. Buerger said the ranch has stayed true to its origins and includes a Native American settlement that features stone dwellings, petroglyphs, projectile points, flint chips and thousands of pottery shards. 'The sale represents a significant event in the world of large land holdings,' Buerger, who listed the property, told Mansion Global . 'This ranch is more than just land - it's a living testament to generations of thoughtful management.' Buerger himself spent time living at the ranch and told the Wall Street Journal that the lack of light pollution at night makes 'you feel like you're on another planet when you look at the stars.' The seller was the family behind DR Horton, the Texas-based home construction company that has been the largest homebuilder by volume in the US since 2002. The Horton family built the sprawling property by acquiring three adjacent ranches over the last decade and connecting them, according to Jason Saulan, the regional manager of the family's ranch portfolio. 'I don't know what the opposite of claustrophobia is, but that's the feeling you get,' Saulan told the Wall Street Journal of the massive ranch. Buerger said the Horton family's stunning property is rare because it is also home to large-scale beef production and trophy hunting. The Horton family has made headlines in the past over its homebuilding practices. The National Labor Relations Board brought a case against DR Horton, claiming the company had violated the National Labor Relations Act by requiring employees to sign an agreement that banned them from pursuing claims in a collective or class action.
Yahoo
a day ago
- Entertainment
- Yahoo
Kanye West Lists His Burned Down Church And Calabasas Ranch As He's Allegedly 'Desperate For Money'
Kanye West has listed his fire-damaged church and his crumbling Calabasas ranch amid rumors he's cash-strapped. The rapper and his wife, Bianca Censori, took out a $35 million loan to complete the purchase of their Beverly Hills mansion late last year, but have been living in and out of luxury hotels. Kanye West has seen his fortune plummet deeply following a string of unhinged, antisemitic, and misogynistic rants, as major brands severed ties with him. Kanye West Is Selling Two Of His Properties Amid Rumored Money Problems West has reportedly placed his burned-down church building in the San Fernando Valley and his worn-out ranch in Calabasas on the market. According to The Sun, the "Vultures 1" rapper is "desperate for money" and has listed the rundown church for $1.5 million, the same price it was bought for in 2023. The church building, which went up in flames in October 2024 and is now a shadow of itself, is described online as a "rare opportunity to purchase a 29,364 square foot flat lot" in a prime area of the valley. Buyers are "encouraged to explore the development potential, which could allow for multi-family use." West's derelict ranch, which once hosted his failed Christian private school Donda Academy, was also placed on the market. The listing notes that the property features a workshop barn and is accessed via a private bridge that leads to a 1.2-acre parcel of land with oak trees. The main house boasts four bedrooms and three and a half bathrooms, but recent photos show that its old glory lies in ruins, as some parts of it have been demolished, while a large chunk of the property requires restoration work. The Rapper Previously Listed His Calabasas Ranch It comes after West placed his Calabasas condo for sale last month, with an asking price of $2.95 million. Reports making the rounds suggest the father-of-four is currently experiencing money problems and faces over $60,000 in unpaid property taxes tied to his Calabasas home, which was given to him following the conclusion of his divorce from Kim Kardashian in 2022. According to The Sun, he and his wife, Censori, took $35 million loan to buy their new home last year, but have hardly stayed in it as they continued to globetrot multiple times after the purchase. The property has a 20,000-square-foot space and sits on 6.5 acres of land. The rapper also owns an abandoned ranch in Wyoming and a dilapidated $6.7 million Yeezy HQ in West Hollywood, which he had razed and the roof torn down himself. Kanye West Is Allegedly Running Out Of Money The sale of his properties has sparked rumors that the "Carnival" rapper is facing financial difficulties and is seeking to keep his affairs in order. According to the news outlet, West was recently seen queuing up to be checked in by security for a commercial flight at LAX, after his past usage of private jets. The former billionaire has seen his net worth take a nosedive after he made several antisemitic remarks that led to major brands like Adidas and Gap severing ties with him. West's Yeezy brand has also come to a halt, with his other business hard to account for. Amid his alleged money problems, West has also seen his career take a tumble. Back in July, The Blast reported that fans demanded a refund for his performance at the Shanghai Stadium after the show was affected by technical problems and bad weather. The Rapper Is Struggling To Secure Bookings To stay afloat, the "Jesus Is King" rapper is understood to have reached out to show promoters all over in a bid to secure a booking. However, West has been blacklisted from several shows and venues because of his controversial rants on social media and his public support for Adolf Hitler, including a "Heil Hitler" song. As reported by The Blast, the rapper is "under financial pressure" and has been told to "stay away" from Germany, France, the U.K., Spain, Italy, Scandinavia, and Australia due to his pro-Nazi views. Wembley Stadium and the London Stadium in the U.K. are also said to have blacklisted West. Kanye West Is 'Banned Pretty Much Everywhere In Europe,' Source Claims In a chat with the Daily Mail, a source close revealed how hard it has become for West to book a gig in Europe after his anti-Semitic rants. "He's getting his team to phone around desperately asking for gigs, and he is said to be asking for $7 million a night. No one will touch him with a barge pole," the source said. "Wembley and London Stadium both said: 'No chance, we don't need the protests,' and that was before the single came out," they continued, referencing West's "Heil Hitler" song, which was released in May. The insider added, "It's the same story everywhere they have asked. He is banned pretty much everywhere in Europe – either the venues won't touch him or he isn't able to travel there as he cannot get a visa." Solve the daily Crossword
Daily Mail
2 days ago
- Business
- Daily Mail
America's largest ranch that is almost as big as Rhode Island sells after listing for nine-figure sum
A New Mexico ranch more than half the size of the state of Rhode Island has sold after being listed for a staggering, nine-figure sum. The 540,000-acre Great Western Ranch was put on the market for $142 million in 2024 by the Horton family, the development dynasty that spent the last decade building the mammoth property. At the time of the sale, on July 30, the asking price had dropped to $115 million, but the actual selling price remains unclear. The huge cattle ranch is one of the largest in the United States. Featuring 134 acres of pastureland, 1,900 calf pairs and 900 cows, it supports one of the largest livestock operations in the country. It boasts eight homes, including a primary lodge for guests and a ranch manager's house. Also located on the land is an equipment shop, wells, barns and corrals for livestock, according to the Wall Street Journal. Sitting outside the rural community of Quemado near the Arizona state line, the ranch's headquarters is located about 150 miles from Albuquerque, according to listing agent Jeff Buerger of Hall and Hall. Buerger said the ranch has stayed true to its origins and includes a Native American settlement that features stone dwellings, petroglyphs, projectile points, flint chips and thousands of pottery shards. 'The sale represents a significant event in the world of large land holdings,' Buerger, who listed the property, told Mansion Global. 'This ranch is more than just land - it's a living testament to generations of thoughtful management.' Buerger himself spent time living at the ranch and told the Wall Street Journal that the lack of light pollution at night makes 'you feel like you're on another planet when you look at the stars.' The seller was the family behind DR Horton, the Texas-based home construction company that has been the largest homebuilder by volume in the US since 2002. The Horton family built the sprawling property by acquiring three adjacent ranches over the last decade and connecting them, according to Jason Saulan, the regional manager of the family's ranch portfolio. 'I don't know what the opposite of claustrophobia is, but that's the feeling you get,' Saulan told the Wall Street Journal of the massive ranch. Buerger said the Horton family's stunning property is rare because it is also home to large-scale beef production and trophy hunting. The ranch has stayed true to its origins and includes a Native American settlement that features stone dwellings, petroglyphs, projectile points, flint chips and thousands of pottery shards The Horton family has made headlines in the past over its homebuilding practices. The National Labor Relations Board brought a case against DR Horton, claiming the company had violated the National Labor Relations Act by requiring employees to sign an agreement that banned them from pursuing claims in a collective or class action. The case went all the way to the Supreme Court, which ruled in favor of DR Horton in 2018, finding the company's actions did not violate the NLRA.
Fox News
3 days ago
- Entertainment
- Fox News
Iowa State Fair food winner returns to defend title
Steve Doocy samples a bacon chicken ranch egg roll created by Winn & Sara's Kitchen, hoping to repeat their title of best new food at the event.
Bloomberg
3 days ago
- Business
- Bloomberg
Record Meat Prices Fuel Fresh Worries for Food Inflation
Welcome to the new Business of Food newsletter, covering how the world feeds itself in a changing economy and climate, from farming to supply chains to consumer trends. This week, Ben Westcott and Hallie Gu look at why burgers are getting so expensive. Any tips or feedback? Email food czar Agnieszka de Sousa. And if you aren't yet signed up to receive this newsletter, please do so here. Justin Boshammer runs 2,000 head of cattle on his 15,000-acre Australian ranch. The herd has nearly tripled in just five years — part of an upturn across the world's No. 2 beef exporter — but it's far from sating global demand.
