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 105 of 131

D.R. Horton 503,000 acres Donald Horton founded and chairs the country's largest new home builder, D.R. Horton, which is based in Fort Worth. In his spare time, Horton acquires ranches in the desert Southwest. Most recently, Horton added the Spike Box and the York Ranch to his holdings, which already included the Double V Ranch, the Great Western Ranch, and Camp Horton. McDonald Family 474,000 acres up 64,000 acres Based in the Birmingham suburb of Moun- tain Brook, this Alabama family concentrates the vast majority of their holdings (some 300,000-plus acres) in Maine via Great Northwoods LLC. The McDonalds also own 92,000 acres in Alabama as well as additional properties in Florida. The McDonalds have diversified interests in timber, sand and gravel, oil and gas, commercial real estate, and the hospitality industry. Holland Ware 534,000 acres BACK ON LIST In 2010, the Georgia native confirmed to us that he owned more than 500,000 acres, "from Virginia to Texas." Two years later, we were informed that Mr. Ware's landholdings had decreased below the threshold for in- clusion. Now we know why: They were deeded to a charitable trust he controls. Welcome back, Holland Ware. Westervelt Heirs 518,000 acres up 41,000 acres Founded in 1884 as Prairie States Paper Company by Herbert Westervelt, the family-owned company is based in Tuscaloosa and currently operates in Alabama, Florida, Georgia, Mississippi, and South Carolina. Business divisions include Westervelt Lumber, Westervelt Renewable Energy, Westervelt Wildlife Services, Westervelt Natural Resources, Westervelt Communities, and Westervelt Ecological Services. Thomas Peterffy 561,000 acres NEW TO LIST When Foley Timber and Land was first listed in 2015, the "vast swath of forest in northern Florida" made national news, in part because of its size – almost as big as Rhode Island – and in part because of its owners, which included Henry Kissinger and Home Depot founder Ken Langone. Then the story just went away. Or did it? Our waiting and watch- ing paid off when Four Rivers Land and Timber registered as the new owner. Better yet, the registered address was the same as the corporate office of Interactive Brokers Group chairman Thomas Peterffy. Stimson Family 552,000 acres up 52,000 acres One of the nation's oldest forest products companies, Stimson Lumber Company pre-dates the Civil War. The Stimson family owns significant fir, pine, and cedar operations in Idaho, Montana, Oregon, and Eastern Washington. 20 | 21 | 22 | 23 | 24 | The L and Report 100 104 The LandReport | W I N T E R 2 0 1 7 LANDREPORT.COM Interactive Brokers Group chairman Thomas Peterffy quietly snapped up half a million acres of Florida timberland once owned by Procter & Gamble. 19 | REUTERS/MIKE SEGAR No. 19

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