A Wyoming ranch once owned by members of the Disney family has sold after hitting the market for $71 million last year.
The buyer is an entity tied to billionaire industrialist Steven Rales, according to property records and people familiar with the deal. The seller was Stephen Gordon, a former manufacturing executive who bought the ranch from the Disney family in the 1980s. The sale price of the ranch wasn’t disclosed since Wyoming is a nondisclosure state.
Known as the Diamond G Ranch, the property spans about 5,000 deeded acres and is located about 82 miles east of Jackson Hole near the town of Dubois, according to marketing materials.
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