Stan Kroenke: Arsenal shareholder spends £500m on Texan ranch

Stan Kroenke
Stan Kroenke is also the owner of the Los Angeles Rams

Arsenal fans have long complained about the club's lack of spending.

But the Gunners' largest shareholder Stan Kroenke has certainly splashed some cash - on a Texas ranch worth about £500m.

The property is spread over six counties and Kroenke, who is worth about £5bn, now owns more than 865,000 acres of land in the United States - an area three times the size of Los Angeles, or four-and-a-half times the size of New York.

Only eight people own more land than Kroenke in the United States.

Stan Kroenke's ranch in Texas
Stan Kroenke's new Texas ranch spans 510,527 acres
Piers Morgan tweet
TV host and Arsenal fan Piers Morgan wasn't best pleased with Stan Kroenke's recent purchase

But the American entrepreneur - who now owns 11 ranches - isn't the only sports owner who's enjoying the finer things in life....

The billion dollar build

Mukesh Ambani
Mukesh Ambani built a 27-floor home for his wife and three children

Ever dreamed of building your own house? India's richest man Mukesh Ambani has done it, and he's done it in style.

The 58-year-old founder of cricket franchise Mumbai Indians, who is worth $14bn, constructed a 27-floor, 400,000 square-foot skyscraper in Mumbai.

Valued at a billion dollars (£687m), the Antilla building is thought to be the most expensive private home in the world.external-link

Who doesn't need six storeys of underground parking, three helicopter pads, and a staff of 600 people?

Whatever floats your boat

Eclipse yacht
Give us a lift, Roman

Why have one yacht when you can have five mega yachts?

Chelsea's Russian owner Roman Abramovic has built up quite a fleet thanks to his £5.2bn fortune, and is the proud owner of the largest super yacht in the world - the Eclipse.

The £1.5bn vessel boasts a 16 metre swimming pool, space for three helicopters and, of course, a dance floor.

And just in case Abramovic needs a speedier form of transport, he's also got a customised Boeing 767 private jet.external-link

Can he park that at Stamford Bridge?

Buy your own team

Steve Ballmer
Show me the money!

In 2014, ex-Microsoft chief executive Steve Ballmer fancied a new toy, so he had a root behind the back of the sofa and found £1.3bn to buy the LA Clippers basketball team.

It is the highest price ever paid for an NBA team, but a mere drop in the ocean for a man worth £16bn.

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