I'm curious why the resident ranchers don't have more influence rather than "out of state ranch owners". Is the Jackson Hole and Kanye West crowd running the show?
Most of the local ranches are homesteads and are 3rd, 4th generation. Over the years, kids grew less interested in carrying on the ranch, and the little ranches get bought up by big money. They pay over listing and their offers are usually accepted. They buy the neighbors, then the next one and so on. Just keep taking down fences.
Most of the places were initially acquired for free, on the cheap, or in land grants originally. The only investment is blood, sweat and tears. Most of the small ranches struggle to get by and go up and down in good years and bad.
If someone approached you and said they will give you 4.5 million dollars for your ranch, you take it and retire.
The new owners bulldoze the buildings, cut down the fences, and restore it to prairie. The property value goes way down with no buildings or improvements. You then have it re-accessed and a new tax value is applied.
Then they create a land preservation trust, which means it can never be parceled, developed or improved on, and get a huge tax break from the state. They still get to use it, hunt on it and graze their cattle on it, they just can’t build anything. It stays in the family until no inheritors remain, and then it would go back to the State. As long as there is a surviving heir, it will always be in that owners family in perpetuity.
With huge tax credits, from “donating their land” to the trust, they offset their cowboys salaries, operation expenses etc. They buy land next to national forest, BLM, state land, etc, and control access and create choke points, or get grazing permits/leases and let the cows tromp all over the timber and high country all summer on BLM land.
Then they move the cows down in the fall.
It forces the elk down onto the ranches and foothills because it’s dry and grazed down in the actual public areas. The elk have been competing with cattle for most of the summer up in the hills.
That’s where the outfitters come in. They guide NRs on these huge ranches for elk. I have seen herds of 100s across a valley standing on private land. The forest I’m standing in is dry and chewed down, and full of cow shit, instead of elk droppings.
I may have said too much already. I work on one of those very same ranches. I have witnessed this land growth phenomenon first hand. The place I live has grown considerably, since I arrived six years ago.
Most of these ranches aren’t celebrity owned. More like individual land barons that operate under corporate LLC type structures, but usually just one big owner behind each of these big mega ranches.
Small ranches don’t have the capitol, liquid expenses or attorneys to pull off this type of acquisition. It’s a losing game for the original and small ranch families.