I worked at Epic Games for two years. This is real, and the strategy behind it is smarter than most people realize.
Tim Sweeney has spent nearly two decades buying North Carolina forest land. 50,000+ acres across 15 counties. He’s now one of the largest private landowners in the state. The purchases started in 2008, right after the real estate collapse wiped out developers who had been planning golf resorts and luxury communities on biodiverse wilderness.
Sweeney paid $15 million for Box Creek Wilderness, a 7,000-acre stretch in the Blue Ridge foothills containing 130+ rare and threatened species. Developers had owned 5,000 of those acres before the crash. He bought them for conservation prices when nobody else was bidding.
He runs the acquisitions through an LLC called “130 of Chatham.” He buys the land, holds it for years, then either donates it to the U.S. Fish and Wildlife Service, sells it at a discount to state parks, or hands it to land trusts. In 2021, he donated 7,500 acres in the Roan Highlands to the Southern Appalachian Highlands Conservancy. Largest private land donation in North Carolina history.
The part people miss: he told the News & Observer that since 2021, land got too expensive to keep buying. So he shifted focus to converting his existing 50,000 acres into permanent conservation status. He’s locking the land into legal structures that make development impossible regardless of who owns it in the future.
A billionaire worth roughly $6 billion is spending tens of millions acquiring wilderness specifically during economic downturns, then giving it away or placing it under permanent legal protection. The land will outlast him, Epic Games, and Fortnite.
That’s the part that separates Sweeney from billionaires who write checks to get their name on a building. The building depreciates. The forest compounds.
this is actually insane
> be tech guy in australia
> adopt cancer riddled rescue dog, months to live
> not_going_to_give_you_up.mp4
> pay $3,000 to sequence her tumor DNA
> feed it to ChatGPT and AlphaFold
> zero background in biology
> identify mutated proteins, match them to drug targets
> design a custom mRNA cancer vaccine from scratch
> genomics professor is “gobsmacked” that some puppy lover did this on his own
> need ethics approval to administer it
> red tape takes longer than designing the vaccine
> 3 months, finally approved
> drive 10 hours to get rosie her first injection
> tumor halves
> coat gets glossy again
> dog is alive and happy
> professor: “if we can do this for a dog, why aren’t we rolling this out to humans?”
one man with a chatbot, and $3,000 just outperformed the entire pharmaceutical discovery pipeline.
we are going to cure so many diseases.
I dont think people realize how good things are going to get
@MrAnderson055@charlieboardman@Bitcoin_Teddy you have an invention specifically designed for heating purposes, and some asshat thought there’s money to be made replacing a water heater with heat made from GPU’s. like using an engine to cook my steak.
wild
@aakashgupta another reason the future of these companies with insane capex are going to be tits up and overpriced garbage when they can’t produce an ROI for tbe billions raised
@Jason______A haven’t heard anything about FRT being an issue in florida, are you referring to Florida Statute 790.222 being used due to its broad language?
Yeah, I'm something of a first principles guy myself.
That's why I so often cite Jevons paradox, Baumol’s cost disease, Metcalfe’s law, Reed's law, Wright’s law, Goodhart’s law, survivorship bias, the principal–agent problem, the narrative fallacy, prisoners dilemmas, comparative advantage, Gall’s law, Chesterton’s fence, the cobra effect, Lindy, Moloch, fat tails, black swans, Pareto efficiency, and Occam's razor.