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- The Paradise Valley Ranch is made up of 40 separate lots that span a combined 9,300 acres.
- The billionaire Home Depot cofounder says he bought the ranch for conservation purposes.
- Livingston is a town of about 7,700 people that has attracted the attention of Hollywood celebrities.
The 77-year-old billionaire says he bought the 9,300-acre ranch for conservation purposes and to "respect the tradition of ranching." Menu icon A vertical stack of three evenly spaced horizontal lines. The Home Depot is the world's largest home improvement specialty retailer, with stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces, and Mexico.
"It's a purchase they can certainly be proud of, and one that we Montanans can be thankful for." "There are no major improvements on the land, only a small house and shop," Tim Murphy of Hall and Hall, who represented blank in the sale, told Business Insider. Montana is a state that's particularly concerned with land conservation, especially as billionaires continue to buy up huge swaths of land in the Western US. Blank's new property, the Paradise Valley Ranch, is located about nine miles south of Livingston in southwestern Montana.
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"What's most important for our neighbors to know is that this purchase is about conservation, not development," Blank said in a statement. "We will respect the tradition of ranching while keeping our lands in their original, intact state for the sake of beauty and wildlife." Arthur Blank, billionaire cofounder of Home Depot and owner of the NFL's Atlanta Falcons, just bought a $20 million Montana ranch. Yellowstone, which is mostly in Wyoming but has sections in Montana and Idaho, was the first US national park and gets around four million visitors each year. While the ranch is mostly undeveloped, some farms and ranches already operate on parts of the land and will continue to do so as lessees, according to Hall and Hall. An estimated 600 to 2,000 elk are passing through the ranch at any given time, according to the listing.
The ranch, which is about a 30-minute drive from Bozeman and an hour from Yellowstone National Park, is mostly undeveloped. All other marks contained herein are the property of their respective owners.
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YP - The Real Yellow PagesSM - helps you find the right local businesses to meet your specific needs. Search results are sorted by a combination of factors to give you a set of choices in response to your search criteria. “Preferred” listings, or those with featured website buttons, indicate YP advertisers who directly provide information about their businesses to help consumers make more informed buying decisions. YP advertisers receive higher placement in the default ordering of search results and may appear in sponsored listings on the top, side, or bottom of the search results page. Arthur Blank, the billionaire cofounder of Home Depot and owner of the Atlanta Falcon's NFL team, just bought a $20 million ranch in Montana, Business Insider learned from real-estate brokerage Hall and Hall.
The ranch is a 30-minute drive from Bozeman, an outdoorsy college town with a population of about 48,000. According to the listing, the ranch "offers a multitude of wonderful homesites," and some of the land parcels have private road access as well as buried utilities already in place. Approximately 1,700 acres are prime irrigated cropland, and the ranch controls an abundance of senior water rights, according to Hall and Hall.
The Paradise Valley Ranch is made up of 40 separate lots that span a combined 9,300 acres.
The thousands of acres of land serve as critical habitat for a giant herd of wintering elk, according to the brokerage. It's near two other ranches he already owns, the Mountain Sky Guest Ranch and West Creek Ranch, according to Hall and Hall. Arthur Blank, the billionaire cofounder of Home Depot and owner of the Atlanta Falcon's NFL team, just bought a $20 million ranch in Montana. Arthur Blank, who owns the NFL's Atlanta Falcons, owns two other ranches nearby. Blank is worth an estimated $5.3 billion, according to Forbes. The Paradise Valley Ranch is near Livingston, a town of 7,700 people that's attracted Hollywood stars including Jeff Bridges, Meg Ryan, Dennis Quaid, and Michael Keaton.

Thrillist named Bozeman one of the best small cities in America, and it's the most popular metro area in the country for new business startups, according to recent census data in a report published by ShivarWeb. The ranch offers stunning views of the Absaroka mountain range. "With The Blank [family's] strong conservation ethic and incredible generosity, the ranch will soon become permanently protected," Murphy said.