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re: How much is the King Ranch worth?

Posted on 12/27/16 at 10:11 am to
Posted by prostyleoffensetime
Mississippi
Member since Aug 2009
12724 posts
Posted on 12/27/16 at 10:11 am to
quote:

It would take a while to even begin to appraise the ranch, there are some huge homes and lodges on several of the sections, there are 100's of miles of paved roads through the different sections, then the crops, royalties, and millions in livestock and wildlife and exotics, etc


Yeah, I was speaking in terms of land value only. When you start factoring in all other assets such as livestock, farm equipment, grain holding facilities, I'm sure they have an impressive gin, then I'm sure it starts getting pretty steep.

I don't know what the value of the place is if you wanted to buy land + all other assets, but some guy somewhere has a pretty incredible spreadsheet somewhere that tells you... These bastards aren't sitting on 800,000 acres + all other assets/liabilities and not having a ballpark figure on what it would take to buy them out.
Posted by MyNameIsNobody
Member since Dec 2013
1231 posts
Posted on 12/27/16 at 11:22 am to
quote:

I don't know what the value of the place is if you wanted to buy land + all other assets, but some guy somewhere has a pretty incredible spreadsheet somewhere that tells you... These bastards aren't sitting on 800,000 acres + all other assets/liabilities and not having a ballpark figure on what it would take to buy them out.



it you go by what is for sale close by...



you have 23.7 (33777 acre ranches at $250,000,000) in 800,000 so the price for 800,000 would be 23.7 X $250,000,000 = $5,925,000,000.

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