Alex Karp, CEO of Palantir Technologies, has purchased 15,000 hectares (37,000 acres) of forest in Härjedalen, Sweden, for 235 million kronor ($22 million). For context, Liechtenstein covers an area of approximately 16,000 hectares. The acquisition from paper company SCA AB was made public when local hunters received cancellation notices for their hunting leases on the property, as reported by Tidningen Härjedalen. Local authorities were not informed in advance about the transaction. Karp's purchase was made through his newly registered company, Cladonia Skog AB. The chairman of Cladonia stated that the land offers valuable habitat for wildlife and recreational space. Palantir provides services to Swedish defense and police, as well as NATO. This acquisition occurs amid discussions among European leaders about decreasing reliance on U.S. technology.
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Palantir CEO Alex Karp Acquires 15,000 Hectares of Forest in Sweden
Alex Karp, CEO of Palantir Technologies, has acquired 15,000 hectares of forest in Härjedalen, Sweden, for 235 million kronor ($22 million). The purchase was made through his company Cladonia Skog AB and was revealed when local hunters were notified of lease cancellations. The land is noted for its wildlife habitat and recreational potential.
Companies
Palantir Technologies
SCA AB
Cladonia Skog AB
People
Alex Karp
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Palantir founder purchases large swath of forest in Sweden
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Palantir CEO Alex Karp Acquires 15,000 Hectares of Forest in Sweden