Brandon Park, the 28,100-acre former estate of William A. Rockefeller, Jr. (a co-founder of Standard Oil with his brother John D. Rockefeller) has been purchased by Alibaba co-founder Jack Ma of China for $23 million according to the Wall Street Journal. Alibaba is the world’s largest e-commerce company. The property was put on the market in 2012, and the sale was completed in May of this year.
He bought the property “principally for conservation purposes, but also plans to use [it] as an occasional personal retreat,” the Wall Street Journal reported, citing a spokesman for Ma. Brandon Park is located west of Paul Smiths and north of the St. Regis Canoe Area and includes about eight miles of the Middle Branch of the St. Regis River, nearly a dozen trout ponds, and 2,200-foot Buck Mountain. » Continue Reading.