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The Economic Times
The Economic Times

Palantir CEO Alex Karp quietly bought 37,000 acres in Sweden for $22 million; locals found out only after hunters got an unexpected email

Alex Karp, CEO of Palantir Technologies, purchased 15,000 hectares (37,000 acres) of forest in Härjedalen, Sweden, for 235 million kronor ($22 million). But local hunters in Härjedalen, Sweden, were not aware about it. They did not receive an announcement as local authorities were not given any advance information about the transaction. The purchase from paper company SCA AB became public when local hunters received cancellation of their lease to hunt on the property, according to Tidningen Härjedalen.

Palantir cofounder and CEO Alex Karp is best known in the United States for his controversial $450 billion AI defense company. Swedish defense and police use services from Palatir, as does NATO. The purchase comes at a time when European leaders are considering reducing their reliance on U.S. technology.

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