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Friday, October 4, 2024
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Did You Know? Chinese Billionaire Jack Ma Buys 28K Acres of American Forest to Preserve It

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The Chinese billionaire behind online shopping giant Alibaba has placed an order for 28,000 acres of pristine, American wilderness. It is a $28 million dollar bid to preserve the wildlife, fish, and forests in these rugged mountains of the Northeastern United States.

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Jack Ma, China’s richest man and a noted conservationist, plans to turn the Brandon Reserve in New York’s Adirondack Mountains into a wildlife sanctuary and protect its timber and water from logging and mining operations in the region. His first action as owner is to stop the logging operations already going on there.

Jack Ma buys Brandon Reserve New York screenshot LandVest Vimeo

Ma’s purchase includes land along nine miles of the Saint Regis River, a trout fishery, multiple homes and barns, and even its own maple syrup operation.

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