The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.
Issue link: http://landreport.epubxp.com/i/582499
84 The LandReport | W I N T E R 2 0 1 5 LANDREPORT.COM The L and Report 100 Brad Kelley 1,500,000+ acres C alumet Farm ranks as perhaps the most celebrated acquisition by this Kentucky native. Established in 1924, the Bluegrass landmark produced a record number of Kentucky Derby and Triple Crown winners under the leadership of the Wright family. But in the early 1990s, J.T. Lundy ran Calumet into the ground. Lundy was convicted of fraud and sent to prison, and Calumet filed for bankruptcy. In 1992, Henryk de Kwiatkowski saved the farm from liquidation; in 2012 Brad Kelley set out to return it to its former heights. The very next year, Kelley's runner, Oxbow, won the 2013 Preakness Stakes. The colt's one-and-three- quarters-length victory marked Calumet's first win in a Triple Crown race since 1968. 4 Erin Kelley hoists the Preakness Stakes trophy after Oxbow won the 138th running of the middle leg of the Triple Crown in 2013. KEVIN LAMARQUE/REUTERS