Rupert Murdoch takes on ranching

Jan 04, 2022

Media mogul Rupert Murdoch buys cattle ranch in Montana in the largest such deal in the state’s history.

From media mogul to farmer, billionaire continues his climb upwards.
In the largest ranch deal in Montana history. Rupert Murdoch, 90, and his wife, Jerry, purchased a 340,000 acre ranch in southwest Montana, near Yellowstone National Park.

The deal—which happened this past December—is for the property known as Beaverhead Ranch, and was purchased from Matador Cattle Co., a subsidiary of Koch Industries for about US$200-million (~CDN$255-million).

Koch Industries was founded by Fred Koch, who founded the crude-oil-gathering business that grew into Koch Industries. He purchased the ranch about seven decades previous.

Murdoch—owner of HarperCollins, the Wall Street Journal, and hundreds of other well-known media enterprises—said he had been looking for a ranch property for over a year.

He added that he was “privileged to assume ownership of this beautiful land” and that along with anticipating spending time at the ranch, will enhance the commercial cattle business and its conservation assets.

Video: Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game

Volatile markets. Unpredictable weather. Tight margins. Farming has never carried more risk—but now, you have smarter ways to protect your operation.
In this interview, Chris Corbett, Sales Manager at AGi3, breaks down a new generation of insurance solutions built specifically for today’s farm businesses: ForwardProtect — Protect your grain operation from the double hit of yield shortfalls and rising prices when forward contracts can’t be filled.
AgriEnhance — Take control of your crop risk plan with flexible yield coverage and whole-farm revenue protection tailored to your operation.
FarmElevate — A modern approach to farm insurance, combining deep ag expertise with advanced technology to protect your property, equipment, and liability.
These aren’t traditional policies—they’re strategic tools designed to protect your margins, stabilize cash flow, and give you confidence in uncertain markets.
If you’re serious about managing risk and protecting your bottom line, this is a must-watch.