Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Shreya Biswas

Alex Karp bought 37,000 acres of Swedish forest for $22 million and local hunters could no longer lease the land - why wealthy buyers are looking beyond traditional assets

Alex Karp SCA Fortune Sweden

Alex Karp is one of the technology industry’s most recognizable executives, but one of his latest purchases has nothing to do with artificial intelligence.

The Palantir cofounder and CEO has acquired 15,000 hectares, or about 37,000 acres, of forest in Härjedalen, Sweden, for a reported 235 million Swedish kronor, or $22 million. The purchase was made through Cladonia Skog AB, a newly registered company of which Karp is the beneficial owner, according to Fortune.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Khloé Kardashian's 'Watch Until the End' Message Targets Criticism of the Family's AI Season Opener
Khloé Kardashian has defended The Kardashians' unusual season-eight opening, urging critics to watch the full AI-themed sequence before judging its satire about technology and authenticity.
International Business Times UK
International Business Times UK
Kelly Clarkson Slams Brooklyn Store Clerk Who Allegedly Used a 'Condescending Tone' Over $15,000 Item
Kelly Clarkson and Brooklyn boutique Art of Play have offered conflicting accounts of a disputed encounter involving a $15,000 mechanical singing bird and claims of rude treatment.
International Business Times UK
International Business Times UK
Dan Levy hits out at Shane Gillis over ‘misogynist’ comments in SNL monologue
Stand-up Gillis, who was fired from the comedy show in 2019, branded women at the gym ‘wh***s’
The Independent UK
The Independent UK
TV Star Breaks Silence On Social Media Frenzy After He Accidentally Exposed Himself To Fans
‘Smallville’ star Tom Welling meant to share a view of the New York City skyline, but accidentally exposed much more than he intended.
Bored Panda
Bored Panda
‘We’re in a brotherhood now’: the Bill Pickett rodeo – photo essay
For several years, Chloe Kerleroux has been photographing African American cowboy communities in the southern US. Her work has mainly focused on trail rides: large gatherings where horses, music, dancing, family and community life come together. This year, she explored rodeo culture including at the Bill Pickett invitational in Atlanta
The Guardian - UK
The Guardian - UK
Is your name still common? What Canadian baby names reveal about how we’ve changed
A given name holds the spark of identity. It is ours — we wear it — yet it is also the primary label by which others know us. Names are inherently both personal and public.
The Conversation
The Conversation
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play