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Palantir founder purchases large swath of forest in Sweden

58 pointsby 59m agoarctictoday.com
51 comments
46m agoHN ↗

Assuming this is for conservation, it's hard to find reasons this is a bad thing.

42m agoHN ↗

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.

33m agoHN ↗

Weak reason given that Sweden has something called Allemansrätten.

13m agoHN ↗

Let's hope people will use it and invade his land whenever he visits.

44m agoHN ↗

Why would Alex Karp randomly buy Swedish forest for conservation?

41m agoHN ↗

Skiing. He arranges his life around Nordic skiing to an incredible degree.

39m agoHN ↗

I don't really know anything about skiing, but can you do that in a virgin old-growth forest?

20m agoHN ↗

I too doubt it is actually old-growth. Probably industrial forest. Which means that there is plenty of space around most of the trees.

31m agoHN ↗

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.

31m agoHN ↗

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.

31m agoHN ↗

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.

41m agoHN ↗

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.

39m agoHN ↗

He plans to create a ground for hunting humans, a la "The Most Dangerous Game".

34m agoHN ↗

I wouldn't be surprised.

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

33m agoHN ↗

why the hell would you assume altruism of the man who takes pride in killing people with automations

33m agoHN ↗

What are your reasons for assuming that would be the motive of the Palantir founder?

32m agoHN ↗

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.

46m agoHN ↗

$600/acre for timber forest???

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

42m agoHN ↗

Guessing it's more expensive if you're buying less, otherwise I kinda want to buy 4 acres.

37m agoHN ↗

Perhaps there's a reason Sweden wants him to have all of this land.

36m agoHN ↗

Nothing to see here. There's no corruption in the civilized world, even less in Nordic countries which are maximally developed culturally and socially.

29m agoHN ↗

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.

5m agoHN ↗

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.

40m agoHN ↗

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.

40m agoHN ↗

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.

37m agoHN ↗

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.

35m agoHN ↗

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.

33m agoHN ↗

He's a huge cross country skier so he probably wants his own little playground

31m agoHN ↗

what's that meme about rich people just doing really rich stuff and not worrying about being some BS worldly image? yeah that.

25m agoHN ↗

Ai farm to be.. I suspect.

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

15m agoHN ↗

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.

9m agoHN ↗

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

4m agoHN ↗

or... just plain old land speculation?

25m agoHN ↗

I mean, the first thing I did when I came into money was buy a couple thousand acres of land.

20m agoHN ↗

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 :-)

8m agoHN ↗

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/