The Land Report

Winter 2017

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 103 of 131

Peter Buck 800,000 acres NEW TO LIST Next time someone asks you to lend them a thousand dollars, remember Peter Buck. The nuclear physicist loaned family friend Fred DeLuca $1,000 to open a sandwich shop. The first Pete's Super Submarines didn't make it; Subway, however, did, to the tune of 45,000 locations. Buck has vast investments in Maine timberland. Ford Family 783,000 acres up 158,000 acres Kenneth Ford (1908–1997) started out with a single sawmill cobbled together with salvaged equipment near Roseburg, Oregon. This year, his heirs acquired their first land outside of the Pacific Northwest when they purchased 158,000 acres of timberland in North Carolina and Virginia. Wilks Brothers 702,000 acres up 30,000 acres In 2011, Farris and Dan Wilks sold their 70 percent stake in Frac Tech Holdings for $3.5 billion to a group that included South Korea's sovereign wealth fund. In addition to significant holdings in their native Texas, the Wilkses have established themselves as the largest private landown- ers in Montana, snapping up properties such as the 62,000-acre N Bar Ranch from former Land Report 100er Tom Siebel. Briscoe Family 640,000 acres Three generations of the Briscoe family have stewarded the 100,000-acre Catarina Ranch in South Texas, the epicenter of the family's thriving cow-calf operation and the linchpin of Briscoe Ranch Company. Lykes Heirs 615,000 acres In the decade following the Civil War, Dr. Howell Lykes shuttered his medical prac- tice to oversee the family farm in Florida's Hernando County. In 1900, Lykes and his seven sons incorporated Lykes Bros. Inc. A century later, the family's holdings have grown from 500 acres to encompass large- scale cattle, sugarcane, and citrus opera- tions in Texas and in Florida, where the 337,000-acre Lykes Ranch in Glades and Highland Counties ranks as one of the largest contiguous tracts in Florida. Hamer Family 600,000 acres NEW TO LIST Starting with just one sawmill in 1976, West Virginia native Jim Hamer (1937–2011) grew his timber holdings exponentially and was a pioneer in converting sawdust into densified fuel pellets. O'Connor Heirs 587,000 acres up 7,000 acres Irish immigrant Thomas O'Connor, a.k.a. "The Texas Cattle King," was awarded a 4,428-acre land grant in 1834 near present- day Victoria, and the family never looked back. The O'Connors still run cattle on the Coastal Plains, and the O'Connor Field is considered one of Texas's most prolific. Martin Family 570,000 acres Descendants of Roy Martin Sr. (1890–1973) still lead the family business, which operates in 32 parishes and owns 150,000 acres of bottomland hardwoods in addition to pine and hardwood forest. 12 | 13 | 15 | 16 | 17 | 18 | 11 | The L and Report 100 LANDREPORT.COM 102 The LandReport | W I N T E R 2 0 1 7 14 | IS IT POSSIBLE TO TURN A SANDWICH INTO A FOREST? If you happen to be a cofounder of Subway, the answer is "Yes, please." See No. 11 Peter Buck. SHUTTERSTOCK No. 11

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