Why it matters: His latest land purchase lifts his total holdings to 2.7 million acres, mostly in the American West and in Canada — making him the largest private land owner in the country.
State of play: The Colorado Avalanche, Colorado Rapids and Denver Nuggets owner last month purchased 937,000 acres in New Mexico.
The intrigue: His vast land holdings invite comparisons to iconic Colorado landmarks, a state where Kroenke's connections run deep.
By the numbers: Kroenke's portfolio is roughly equivalent to:
8,181 City Parks (Denver's largest park)
79 Denver International Airports
10 Rocky Mountain National Parks
The third-largest county in Colorado, just ahead of Weld County
What we're watching: Whether the move will prompt fellow billionaireandColorado residentJohn Malone — aka "the Cable Cowboy" — to expand his own real estate holdings
Malone spent 10 years as the country's largest private landowner. He now sits in third place with a mere 2.2 million acres, per The Land Report.