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Fortune
Fortune
Sasha Rogelberg

Palantir CEO Alex Karp quietly purchased 37,000 acres of forests in Sweden—and locals found out when hunters lost leases to use the property

Alex Karp, wearing a suit, looks forward. (Credit: Matt RAMEY—AFP/Getty Images)

Palantir cofounder and CEO Alex Karp is best known in the U.S. for his controversial $450 billion AI defense company, but in Sweden, he’s ruffled feathers for another reason: snapping up thousands of acres of land that’s disrupted local hunting.

Karp has purchased 15,000 hectares (37,000 acres) of forest in Härjedalen, Sweden, through his newly registered company Cladonia Skog AB, of which he is the beneficial owner. The sale was reportedly for 235 million kronor, or $22 million. Swedish newspaper Tidningen Härjedalen first reported the deal.

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