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Archie "Red" Emmerson
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How'd he get so rich? Emmerson, who has an estimated net worth of $1.9 billion, is the largest landowner in California and either he or Ted Turner is thought to be the largest landowner in the U.S. Emmerson's father owned a local lumber mill and the high school-educated Red grew it into privately held Sierra Pacific Industries, the nation's largest lumber producer by volume.
Learn more about Sierra Pacific Industries.