A recent report has revealed that only a handful of people own most of the land in Texas and around the country. The report has sparked a heated discussion about who owns the most land in Texas.
According to Texas Monthly, the largest holders of rural lands fall into three groups: government, timber companies, and a few ranching families that have held their property into the fourth or fifth generation. Of these, the first two are more or less steadily expanding their holdings, while the third is barely holding its own.
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The report also states that the largest landowner in Texas is King Ranch, which is privately owned by around 60 people who are the descendants of Richard King. The ranch in Kingsville covers portions of six different Texas counties and is larger than the entire state of Rhode Island. The ranch mainly raises cattle and has 825,000 acres split into four separate sections called Home Ranches.
The second-largest landowner in Texas is the state government, which owns approximately 2.5 million acres of land. The third-largest landowner is the federal government, which owns approximately 2.4 million acres of land.
The report also highlights the fact that around 95% of the State of Texas is privately owned. This means that the majority of the land in Texas is owned by individuals or companies.
In conclusion, the largest landowner in Texas is King Ranch, which is privately owned by around 60 people who are the descendants of Richard King. The second and third-largest landowners in Texas are the state and federal governments, respectively. The majority of the land in Texas is privately owned by individuals or companies.
