The Land Report

FALL 2015

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.

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Page 97 of 99

BackGate 96 The LandReport | FA L L 2 0 1 5 LANDREPORT.COM Jack Ma Buys Brandon Park J ack Ma, the Chinese billionaire and cofounder of e-commerce giant Alibaba, has quietly made a new acquisition: a 28,100-acre property boasting trout streams, woodlands and a maple syrup operation in New York's Adirondacks. Mr. Ma paid $23 million for the sprawling upstate New York property, which he bought principally for conservation purposes, but also plans to use as an occasional personal retreat, according to a spokesman. The estate, known as Brandon Park, includes more than nine miles of the St. Regis River, as well as lakes, streams, ponds, forests, and a 1940s log camp behind its gated entrance. There are two homes on the property, as well as lean-tos and a horse barn. The land was originally part of neighboring Bay Pond, a private nature preserve created around the turn of the last century by William A. Rockefeller Jr., a cofounder of Standard Oil. CONTINUED ON PAGE 95 The Chinese billionaire has conservation plans for the 28,100-acre property. LANDVEST

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