With, Not for, Money: Ranch Management Trajectories of the Super-Rich in Greater Yellowstone

Kathleen Epstein, Julia H. Haggerty and Hannah Gosnell

Annals of the American Association of Geographers, 2022, vol. 112, issue 2, 432-448

Abstract: Despite the increasing concentration of wealth among high net worth (HNW) individuals and their rising influence as proprietors of natural resources worldwide, the discipline of geography has only recently begun to consider the interactions between the contemporary global super-rich and systems of environmental management. This article addresses a gap in the literature related to the social and ecological implications of ranches owned by the very wealthy. Drawing from a life course perspective, we complicate static representations of landowners and examine HNW ranchland ownership dynamics in the Greater Yellowstone ecosystem, an iconic conservation area in the U.S. West. Four stories about HNW ranches, compiled through a composite narrative approach, describe how ranch management practices and strategies play out over time and space. The result is a set of management trajectories linked to broader geographies of the super-rich where social–ecological outcomes related to an ability to ranch with, as opposed to for, money reinforces the connections between systems of wealth, elite interests, and land control. Our findings underscore a need for future scholarly efforts attuned to HNW ranch management trajectories as consequential drivers of change in rural areas and critical conservation areas.

Date: 2022
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DOI: 10.1080/24694452.2021.1930512

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