That’s a strange map in the article. It makes it looks like he’s bought all of Härjedalen, rather than two orders of magnitude less. It’s still a chunky piece of land, but it’s definitely not that big.
I don't know exactly where the land is, but according to media it's south of Storsjö kapell [0]. There's plenty of fell there, and he can't just build whatever he wants even if he owns the land. When a billionaire says he spent $22 million to by it for recreation, I don't see a big reason to not believe him, there's not much else he can use it for.
It's not far from Funäsdalen which is a relatively popular ski resort [1], there are also hiking trails and similar [2].
The seller SCA is Europe's biggest private forest owner and owns 2.7 million hectares by the way.
Why does it quote 37,000 acres, then show a picture with a large swath of Sweden highlighted as if that is the area purchased - though Sweden is approximately 111 million acres of land, so this would be 0.003% of the land, so nowhere near the representation in this picture - seem disingenuous to me.
Considering where it is it might be protected from logging, so the economic value of the land might be low. The seller is a paper manufacturer, so if they could get more value from it they would have charged more.
Nothing to see here. There's no corruption in the civilized world, even less in Nordic countries which are maximally developed culturally and socially.
Could be.. zillionaires usually like mountains; I hear he can't drive; driving the boonies far from civilization is not that easy in the winter. He needs to buy a big shovel for the winter.
He needs a landing strip for an aircraft. Helicopters are dangerous at night. No uber eats delivery there. We will see. It will take a decade to set it up.
Yup it could be but speculation needs a cause.. Hard assets are the rage right now anyways for AI zillionaires. He has apparently bought a monastery in Colorado for $120M; Miami beach house for $55M; 500 acre land in New Hampshire. His net worth is about $20B, $22M is like buying a toy to him and it is not a major investment.
> Alex Karp, CEO of Palantir Technologies, purchased 15,000 hectares (37,000 acres) of forest in Härjedalen, Sweden, for 235 million kronor ($22 million).
Seems like he could buy all of Sweden's forests if he wanted to.
But would he still have Palantir? Also a large portion of thr forests are likely in public trust, and they'd be hesitant to sell all of it I'd think. Especially to one person with no track record of land management.
He's probably buying it so that he can ski through miles of virgin forest with his Norwegian bodyguards. I hate this weirdo but he's probably not going to do much to the landscape.
I can't recall anything he said or did in the last few years that would make me assume he's done something good for the general public (or the humanity), and not for himself first and foremost.
Yes. All you really need are paths. This is a bit of an overgeneralization since forests in different places have different growth habits, but many old growth forests have less underbrush. During the winter, these forests are pretty easy to navigate on Nordic skis. If he wants to skate instead of doing the classic stride, I’m sure he can afford to groom the paths. Grooming really just requires a fancy snowmobile.
Potentially. Depending on the style of skiing, you may only need a 2-3 ft wide pathway. That said, ski paths tend to be cleared of trees/large rocks and span about 10-15 feet wide.
Trying to buy himself back into heaven, like Bill Gates did. We only have the article's quotation for evidence, but it does say:
> Karp made the purchase through his newly registered company Cladonia Skog AB. The chairman of Cladonia told the Swedish newspaper that the land provides valuable habitat for wildlife and space for recreation.
Maybe he wants his own version of Nathan's estate in Ex Machina (redditor calculations from in-movie clues put it at 7 million hectares, though, so this isn't even close :-)
The purchased forest (15k hectares, 37k acres) is therefore ~1.3% of the region.
https://en.wikipedia.org/wiki/H%C3%A4rjedalen
It's not far from Funäsdalen which is a relatively popular ski resort [1], there are also hiking trails and similar [2].
The seller SCA is Europe's biggest private forest owner and owns 2.7 million hectares by the way.
[0] https://maps.app.goo.gl/hQp2Rw9tM6kWTuTdA
[1] https://funasdalen.se/en/winter/skiing/cross-country-skiing/
[2] https://funasdalen.se/en/summer/hiking/
Billionaires associated with that company especially.
I had no idea Sweden was this cheap. Why wouldn't he drop $22mm on this...
Quite cheap tho!
I suspect the opposite: a billionaire's escape from a potentially turbulent society.
that's what helicopters are for.
-zillionaires, probably
Seems like he could buy all of Sweden's forests if he wanted to.
... Wait
I can't recall anything he said or did in the last few years that would make me assume he's done something good for the general public (or the humanity), and not for himself first and foremost.
https://funasdalen.se/en/winter/skiing/cross-country-skiing/
> Karp made the purchase through his newly registered company Cladonia Skog AB. The chairman of Cladonia told the Swedish newspaper that the land provides valuable habitat for wildlife and space for recreation.
Karp strikes me as the type of person that would do this "for fun".
https://fortune.com/well/2023/02/03/billionaire-palantir-ceo...