Waggoner Ranch estate entrance
Waggoner Ranch, the largest ranch in the US, was sold to Stan Kroenke.

VERNON, Texas - American businessman, principal owner of the Los Angeles Rams and rancher, Stan Kroenke is the owner of the historic Waggoner Ranch after it was approved by the Texas Court on Feb. 9. The property was listed for $725 million.

This ranch, which stretches 535,000 acres, will be sold for the first time since its establishment in 1849. Currently, it is the largest ranch under one fence in the US and includes thousands of cattle, hundreds of horses and oil wells, and 30,000 acres of farmland.

“This is an incredible opportunity and an even greater responsibility,” said Kroenke in a statement. “We are honored to assume ownership of the Waggoner – a true Texas and American landmark – and are deeply committed to continuing the proud legacy of W.T. “Tom” Waggoner, his family and his descendants. Our gratitude to them and to the many parties involved in this process is immense. We will continue to preserve and protect this uniquely American treasure.”

Waggoner Ranch is located 13 miles south of Vernon, Texas, and about three hours northwest of Dallas.

With properties in the western and southwestern United States and Canada, Kroenke Ranches is one of the largest conglomerates of working ranches in the world.