Fox News’ Murdoch buys Montana ranch from Koch Industries

Published December 13, 2021 10:46 AM

DILLON, Mont. (AP) — Fox News founder Rupert Murdoch has bought a large cattle ranch in southwest Montana from a subsidiary of Koch Industries. The Beaverhead Ranch is spread across more than 500 square miles of private and leased land west of Yellowstone National Park. It has about 7,000 cattle and is home to 15 families who are employed on the ranch. The ranch was founded in 1865 and acquired in the 1951 by a company run by the founder of Wichita, Kansas-based Koch Industries. The purchase was confirmed by a Murdoch spokesperson after being first reported by the Wall Street Journal, which is owned by Murdoch’s News Corp.

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.