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Published by: Amanda Cifone
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Billionaire Buys Wyoming Ranch With Ties To The Disney Family

Published by: Amanda Cifone
Published on:

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.

Read the full story on The Wall Street Journal here.