Palantir founder purchases large swath of forest in Sweden

(arctictoday.com)

63 points | by davidja 1 hour ago

15 comments

  • Jabbles 48 minutes ago
    Note that the red area on the map in the article is Härjedalen, which has an area of 11,405 km^2, 1.1M hectares, 2.8M acres.

    The purchased forest (15k hectares, 37k acres) is therefore ~1.3% of the region.

    https://en.wikipedia.org/wiki/H%C3%A4rjedalen

  • robin_reala 48 minutes ago
    That’s a strange map in the article. It makes it looks like he’s bought all of Härjedalen, rather than two orders of magnitude less. It’s still a chunky piece of land, but it’s definitely not that big.
  • sorenjan 16 minutes ago
    I don't know exactly where the land is, but according to media it's south of Storsjö kapell [0]. There's plenty of fell there, and he can't just build whatever he wants even if he owns the land. When a billionaire says he spent $22 million to by it for recreation, I don't see a big reason to not believe him, there's not much else he can use it for.

    It's not far from Funäsdalen which is a relatively popular ski resort [1], there are also hiking trails and similar [2].

    The seller SCA is Europe's biggest private forest owner and owns 2.7 million hectares by the way.

    [0] https://maps.app.goo.gl/hQp2Rw9tM6kWTuTdA

    [1] https://funasdalen.se/en/winter/skiing/cross-country-skiing/

    [2] https://funasdalen.se/en/summer/hiking/

  • conorcleary 8 minutes ago
    Probably as retaliation to SAAB.
  • dylanz 41 minutes ago
    He's a huge cross country skier so he probably wants his own little playground
  • LucaFromAlpha 39 minutes ago
    what's that meme about rich people just doing really rich stuff and not worrying about being some BS worldly image? yeah that.
  • theropost 49 minutes ago
    Why does it quote 37,000 acres, then show a picture with a large swath of Sweden highlighted as if that is the area purchased - though Sweden is approximately 111 million acres of land, so this would be 0.003% of the land, so nowhere near the representation in this picture - seem disingenuous to me.
  • bpodgursky 54 minutes ago
    $600/acre for timber forest???

    I had no idea Sweden was this cheap. Why wouldn't he drop $22mm on this...

    • sorenjan 13 minutes ago
      Considering where it is it might be protected from logging, so the economic value of the land might be low. The seller is a paper manufacturer, so if they could get more value from it they would have charged more.
    • Ekaros 38 minutes ago
      It is somewhat north. So I would expect potential income to be in line. Thus price can be relatively low and there still is not much profit.
    • mahboi 50 minutes ago
      Guessing it's more expensive if you're buying less, otherwise I kinda want to buy 4 acres.
    • nazgulsenpai 45 minutes ago
      Perhaps there's a reason Sweden wants him to have all of this land.
      • Hikikomori 33 minutes ago
        No he can fuck off please
    • khat 47 minutes ago
      [dead]
    • moralestapia 44 minutes ago
      Nothing to see here. There's no corruption in the civilized world, even less in Nordic countries which are maximally developed culturally and socially.
  • silverFork 35 minutes ago
    Ai farm to be.. I suspect.
    • david_shaw 33 minutes ago
      > Ai farm to be.. I suspect.

      I suspect the opposite: a billionaire's escape from a potentially turbulent society.

      • silverFork 23 minutes ago
        Could be.. zillionaires usually like mountains; I hear he can't drive; driving the boonies far from civilization is not that easy in the winter. He needs to buy a big shovel for the winter.
        • john_strinlai 18 minutes ago
          >I hear he can't drive; driving the boonies far from civilization is not that easy in the winter. He needs to buy a big shovel for the winter.

          that's what helicopters are for.

          -zillionaires, probably

          • silverFork 9 minutes ago
            He needs a landing strip for an aircraft. Helicopters are dangerous at night. No uber eats delivery there. We will see. It will take a decade to set it up.
      • ZYbCRq22HbJ2y7 12 minutes ago
        or... just plain old land speculation?
  • nalekberov 45 minutes ago
    > Alex Karp, CEO of Palantir Technologies, purchased 15,000 hectares (37,000 acres) of forest in Härjedalen, Sweden, for 235 million kronor ($22 million).

    Seems like he could buy all of Sweden's forests if he wanted to.

    • NewJazz 44 minutes ago
      But would he still have Palantir? Also a large portion of thr forests are likely in public trust, and they'd be hesitant to sell all of it I'd think. Especially to one person with no track record of land management.
  • Noe2097 7 minutes ago
    Wow, that would make such a nice area to train (military) drones & robots, and in the middle of a country concerned by "noisy neighbors"

    ... Wait

  • blondie9x 31 minutes ago
    Do we know what the goal was? Was this to protect forest land? Similar to something like this? https://www.nicfi.no/2024/12/10/norway-strengthens-support-o...
  • bigbuppo 33 minutes ago
    I mean, the first thing I did when I came into money was buy a couple thousand acres of land.
  • mertleee 55 minutes ago
    Assuming this is for conservation, it's hard to find reasons this is a bad thing.
    • fnordpiglet 53 minutes ago
      This is where he will build 50 silos
      • elias_t 49 minutes ago
        They probably already have nano technology
      • xhevahir 51 minutes ago
        He's probably buying it so that he can ski through miles of virgin forest with his Norwegian bodyguards. I hate this weirdo but he's probably not going to do much to the landscape.
        • eckelhesten 42 minutes ago
          Weak reason given that Sweden has something called Allemansrätten.
          • gizajob 5 minutes ago
            What about fences? I see that people have the right to roam but how are fenced-off areas dealt with?
          • Hikikomori 22 minutes ago
            Let's hope people will use it and invade his land whenever he visits.
    • subscribed 40 minutes ago
      This is a quite far fetched assumption.

      I can't recall anything he said or did in the last few years that would make me assume he's done something good for the general public (or the humanity), and not for himself first and foremost.

    • mahboi 52 minutes ago
      Why would Alex Karp randomly buy Swedish forest for conservation?
      • xhevahir 50 minutes ago
        Skiing. He arranges his life around Nordic skiing to an incredible degree.
        • fragmede 1 minute ago
          Couldn't let the Netflix guy buy up the one in Utah and have bragging rights.
        • fhdkweig 47 minutes ago
          I don't really know anything about skiing, but can you do that in a virgin old-growth forest?
          • raddan 39 minutes ago
            Yes. All you really need are paths. This is a bit of an overgeneralization since forests in different places have different growth habits, but many old growth forests have less underbrush. During the winter, these forests are pretty easy to navigate on Nordic skis. If he wants to skate instead of doing the classic stride, I’m sure he can afford to groom the paths. Grooming really just requires a fancy snowmobile.
          • sorenjan 11 minutes ago
          • germinalphrase 39 minutes ago
            Potentially. Depending on the style of skiing, you may only need a 2-3 ft wide pathway. That said, ski paths tend to be cleared of trees/large rocks and span about 10-15 feet wide.
          • rafram 41 minutes ago
            Who said it's a virgin old-growth forest?
            • Ekaros 29 minutes ago
              I too doubt it is actually old-growth. Probably industrial forest. Which means that there is plenty of space around most of the trees.
          • daneel_w 39 minutes ago
            It might not get to remain a virgin old-growth forest. If the Swedish logging companies can get away with it, he probably can, too.
        • cryptolobster 43 minutes ago
          It still seems a bit strange
        • mahboi 49 minutes ago
          Ok that makes a lot more sense
      • fhdkweig 49 minutes ago
        Trying to buy himself back into heaven, like Bill Gates did. We only have the article's quotation for evidence, but it does say:

        > Karp made the purchase through his newly registered company Cladonia Skog AB. The chairman of Cladonia told the Swedish newspaper that the land provides valuable habitat for wildlife and space for recreation.

        • colordrops 47 minutes ago
          He plans to create a ground for hunting humans, a la "The Most Dangerous Game".
          • moralestapia 43 minutes ago
            I wouldn't be surprised.

            Karp strikes me as the type of person that would do this "for fun".

      • unreal6 50 minutes ago
    • Naillik 42 minutes ago
      What are your reasons for assuming that would be the motive of the Palantir founder?
    • jacquesm 45 minutes ago
      Why would you assume that?
    • popalchemist 42 minutes ago
      why the hell would you assume altruism of the man who takes pride in killing people with automations
    • mcarper826 53 minutes ago
      agreed
  • eichin 29 minutes ago
    Maybe he wants his own version of Nathan's estate in Ex Machina (redditor calculations from in-movie clues put it at 7 million hectares, though, so this isn't even close :-)