New LA Angels owner Stan Kroenke is quietly America’s largest private landowner, boasting 2.7 million acres and besting Bill Gates and Jeff Bezos

Kroenke’s purchase of nearly 1 million acres of ranchland marks a growing trend of the ultrawealthy snapping up farmland as an alternative asset.

Original reporting by Fortune · Sasha Rogelberg. GridIndex is an aggregation and intelligence layer — full credit to the original publisher.