3 Ways to Invest in U.S. Land Just Like This Chinese Billionaire
Farmland Partners(FPI) InvestorPlace·2024-01-16 19:48
Investing in U.S. land is an asset class that has grown in popularity in recent years. And, it’s not just for Americans. Recently, Bloomberg reported Chinese billionaire Chen Tianqiao, founder and CEO of Shanda Interactive, is one of the largest non-American U.S. land owners. Including Americans, Tianqiao is the 82nd-largest U.S. landowner. Specifically, he attained that status by acquiring 198,000 acres of Oregon timberland in 2015 for $85 million. According to the Bloomberg article, only Canada’s Irving ...