LA Rams owner Stan Kroenke buys nearly a million acres in New Mexico

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LA Rams owner Stan Kroenke buys nearly a million acres in New Mexico

Vic Kolenc, El Paso Times

Fri, February 6, 2026 at 8:33 PM UTC

3 min read

Stan Kroenke, a billionaire real estate mogul best known as the owner of the Los Angeles Rams and Denver Nuggets, now owns a huge chunk of New Mexico.

Kroenke's companies in December bought six big cattle ranches, spanning several counties in the eastern half of New Mexico, deed filings with three New Mexico counties show.

The purchase of 937,000 acres of New Mexico ranchland makes Kroenke, 78, the largest private landowner in the United States, according to the latest annual listing of the nation’s 100 largest landowners by The Land Report magazine.

Stan Kroenke, owner of the Los Angeles Rams, looks on before the game against the Chicago Bears in the NFC Divisional Playoffs at Soldier Field on January 18, 2026 in Chicago, Illinois.

Kroenke now owns 2.7 million acres of land in New Mexico, Nevada, Wyoming and Texas, including the 535,000-acre Waggoner Ranch, his largest ranch, near Vernon in North Texas, according to The Land Report.

The Kroenke ranches are used to raise cattle, for hunting and to produce renewable energy, the magazine reported.

Wealthy entrepreneurs buying ranches has become a trend in recent years, the Robb Report, an online publication focusing on luxury lifestyles, reported in 2025.

“These buyers aren’t ranchers by trade — they’re founders, financiers, and heirs who view acreage as a solid, long-term store of value," it reported.

The six New Mexico ranches were acquired in December 2025 from the Henry Singleton family.

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The late Singleton was a founder and chief executive officer of Teledyne Technologies, a manufacturer of sophisticated electronic components, instruments and communications products for various industries with sales of more than $6 billion in 2025.

No financial details of the sale were publicly released. Kroenke has no comment about the deal, a spokesperson for The Kroenke Group, his real estate company, said in an email.

Cattle are prepared for shipment on the Singleton Bojax Ranch near Elida, New Mexico, north of Roswell, in September 2023. Real estate and sports mogul Stan Kroenke purchased this ranch and five others in New Mexico from the Henry Singleton family in December 2025.

Property deeds for the sale of the Lobo and Pecos ranches were filed in Guadalupe County; deeds for the sale of the Agua Verde, Conchas, and Trigg ranches were filed in San Miguel County; and a deed for the sale of the Bojax Ranch was filed in Chaves County.

The Pecos and Conchas ranches are near Santa Rosa in East-Central New Mexico; the Lobo Ranch is near Vaughn, south of both Santa Rosa and Clines Corners; the Agua Verde Ranch is near Clines Corners, which is about 50 miles south of Santa Fe; the Trigg Ranch is near Logan, just north of Tumcucari; and the Bojax Ranch is near Elida, north of Roswell.

The Singleton ranches were not Kroenke's first big ranchland acquisition in New Mexico. He previously bought the Canon Blanco Ranch, an 80,892-acre cattle ranch located 14 miles southeast of Santa Fe, according to The Land Report. The ranch sold in June 2023 for $60 million, according to the Alamosa Citizen online newspaper.

Billionaire real estate and sports mogul Stan Kroenke at a Los Angeles Rams game in this undated photo. He owns the Rams, the NBA's Denver Nuggets and other pro sports teams.

The Canon Blanco at one time was owned by El Paso millionaire William "Bill" Sanders, the father-in-law of former U.S. Congressman Beto O'Rourke, who lost bids for U.S. Senate and Texas governor. The Wall Street Journal reported in 1999 that Sanders put the ranch on the market for $72 million. However, he apparently didn't sell the ranch until 2019, according to a report in El Paso Inc., which did not report a sale's price.

Besides ranchland, Kroenke also owns millions of square feet of retail space, much of it shopping plazas next to Walmart stores, Forbes Magazine reported. His wife is the daughter of Bud Walton, who helped his brother, Sam, build the Walmart chain. She inherited part of her father's stake in Walmart when he died in 1995, Forbes reported.

Stan Kroenke's wealth is estimated at $21.3 billion by Forbes, and $26.8 billion by Bloomberg News.

Besides the highly successful Los Angeles Rams in the NFL and the successful Denver Nuggets in the NBA, Kroenke also owns the Colorado Avalanche in the NHL, the Colorado Rapids in Major League Soccer, the Colorado Mammoth in the National Lacrosse League, and the Arsenal soccer club in England's Premier League.

Vic Kolenc may be reached at 915-546-6421; vkolenc@elpasotimes.com; @vickolenc on X.

This article originally appeared on El Paso Times: LA Rams, Denver Nuggets owner buys big New Mexico ranches

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