Billionaire brothers buy another Idaho ranch

2013-01-13T08:00:00Z 2013-01-13T20:57:05Z Billionaire brothers buy another Idaho ranchThe Associated Press The Associated Press
January 13, 2013 8:00 am  • 

GRANGEVILLE, Idaho — Officials in northern Idaho say two Texas billionaire brothers are now the second-largest landowner in Idaho County after buying another ranch.

Sixty-year-old Farris Wilks and 56-year-old Dan Wilks in December bought the 17,947-acre Delos Robbins Ranch to add to the similar-sized Hitchcock Ranch they bought in the same area in January 2011. Prices weren't disclosed.

Idaho County Assessor James Zehner says the 36,000 acres the brothers own in the county ranks them second behind the 38,000 acres owned by Western Pacific.

The brothers also own about 177,000 acres of ranchland in Montana they've bought in the last two years.

The brothers started in masonry but eventually founded a hydraulic fracturing company called Frac Tech they sold in 2011 for more than $3 billion.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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