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Alex Karp’s forest buy shocks local hunters

American tech mogul Alex Karp, CEO of Palantir Technologies, recently acquired a 15,000 hectare forest in Härjedalen, Sweden for $22 million. The purchase, made through his company Cladonia Skog AB, was made public when local hunters were notified of their lease cancellation for hunting the property. Swedish hunters, unaware of the transaction, received emails stating they could no longer lease the land for hunting.

The forest, located in the quiet village of Storsjö Kapell, is known for its hiking and fishing opportunities. The buyer, Cladonia, claims the land provides valuable habitat for wildlife and recreation space. European leaders are currently considering reducing their reliance on U.S. technology, a fact that may be influencing Karp's decision.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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