Technically, he isn’t Arsenal’s owner but the club’s biggest shareholder. He also owns clubs in other sports through his Kroenke Sports Entreprises.
Stan Kroenke, estimated to be worth $7.7 billion by Forbes in 2015, bought the ranch 535,000-acre W.T Waggoner Ranch in Texas, United States, for over £500 million.
Going by the current parallel market rate of N420 to £1, it amounts to over N210 billion.
The ranch, the biggest in the United States, is the bigger than the size of Los Angeles and New York City combined.
Kroenke, 68, is married to a billionaire heiress to the Wal-mart fortune, Ann Walton, who is worth $4.9 billion (Forbes 2015).
The ranch includes thousands of cattle, hundreds of horses and oil wells and 30,000 acres of farmland.
View pictures of the ranch in Gallery…