Rupert Murdoch and Jerry Hall attend the RHS Chelsea Flower Show press day at the Royal Hospital Chelsea on May 23, 2016 in London, England. Max Mumby | Getty Images Entertainment | Getty ImagesMedia mogul Rupert Murdoch and his wife Jerry have paid around $200 million to buy a massive Montana working cattle ranch owned by a subsidiary of Koch Industries named Matador Cattle Co. a new report revealed Thursday. The 340,000-acre Beaverhead Ranch, which has 25 homes, primarily for workers, sits near Yellowstone National Park. "This is a profound responsibility," Rupert Murdoch, 90, told The Journal through a spokesman about the purchase, which the listing agent said was the largest ranch deal in Montana history. "We feel privileged to assume ownership of this beautiful land and look forward to continually enhancing both the commercial cattle business and the conservation assets across the ranch," Murdoch said.

Source: Fox News December 09, 2021 20:02 UTC