We also have many types of obsolete textured glass and antique pattern glass. It was what gave meaning to his life. Since his death in 1885, there has always been a family member in charge of the "home ranches," the four massive divisions of land in South Texas. Getting these cattle to market was a real challenge, though, as some one thousand miles of dangerous wilderness stretched out between Captain Kings cattle and the midwestern railheads where they could be sold. But they are not sure how long they will stay. John Armstrong, an esteemed family member who became president of the ranch after Jim Clement retired, said in a 1980 interview, If the next generation is content to live off their income, then weve lost it. Although a handful of new heirs used their dividends to buy smaller ranches for themselves, the vast majority never visited the King Ranch except for hunting trips in the winter and for the familys Summer Camp reunion and annual business meeting, where, according to one family member, everybody got to play cowboy for a week before returning to their real lives. In their group photograph taken at Summer Camp, they seemed to embody the best of the American aristocracy, with pointed noses and high cheekbones and graceful smiles. A board member went so far as to tell Johnson, One dictator in this family is enough. The brothers announced they were walking away from the ranch forever. :322.12KS21 :S :W:24H:16.5D:10.5 : :115cm: :KBeAl S. But what really made money for the company was its Florida sod farm, which in a good year brought in a whopping $16 million. Waggoner Estate Ranch in Texas earlier this year, we can get a sense of King Ranchs value. Scattered nearby are tidy white frame homes that house the Kineos, the King people, the Mexican American workers and cowboys and their families who have spent their lives at the ranch, and only three miles away lies the town of Kingsville, which was created at the turn of the twentieth century just to serve the ranch. The Reed family is estimated to have a net worth of $1.7 billion by Forbes. Jeff Bezos, John Malone are among the major landowners in - USA TODAY The family had a long history of fights over money, going back to Johnson's own lawsuit against other King Ranch heirs after he sold his stake for $70 million. King Ranch had also become recognized as the birthplace of the American ranching industry. johnson, an heir to texas' legendary king ranch, lived large. The companys only significant purchase was a 5 percent interest in a small bio-tech firm in California that makes environmentally friendly pesticides.
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