Tuesday, July 7, 2009

Bill Gates Buys Historic Wyoming Ranch

Bill Gates, the world’s richest man, has reportedly purchased Irma Lake Lodge, a famous Wyoming ranch once owned by William “Buffalo Bill” Cody, who may have been one of the earliest successful entrepreneurs. After serving in the U.S. Army, Cody was hired to hunt bison and scout Indians and then he started his famous “Buffalo Bill’s Wild West” show where Annie Oakley and Sitting Bull performed among other notable characters of the Old West.

Cody established Irma Lake Lodge as his own personal hunting retreat. It is a 492-acre property named after Cody’s youngest daughter, Irma, and is located about 20 miles outside of Cody, WY. The lodge is virtually secluded and surrounded by wilderness and forest lands since it sits next to Shoshone National Forest and nearby Washakie Wilderness. It is approximately 50 miles from Yellowstone National Park.

The final purchase price is unknown at this time, although it was originally listed at $12 million several years ago and has received several price cuts — coming all the way down to a listing price of $8.9 million before Gates bought the ranch.

Only two people have owned the ranch since Cody: the William R. Coe family, who purchased it from Cody in 1911 and owned it for 75 years, and then Minnesota’s Roger Hollander. And now, another famous Bill takes over.






(Article by Diane Tuman from www.zillow.com)

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