Forest industry company SCA has sold around 15,000 hectares of land in Härjedalen for SEK 235 million. The buyer is Alex Karp, CEO and co-founder of the US AI company Palantir.
The newly established company Cladonia Skog is behind the purchase. The US tech billionaire is the beneficial owner of the company, Tidningen Härjedalen reports, which has since been reported by several media outlets.
The land is located south of Storsjö chapel and, according to the newspaper, corresponds to more than 20,000 football pitches.
Alex Karp is estimated to have a fortune of USD 20.3 billion, according to business magazine Forbes.
Palantir’s stock has been a stellar performer, rising 1,900 percent over the past ten years.
