THE AUCTION OF THE CENTURY

The announcement of the Australian family Kidman, who raises cattle for over 100 years, to auction their land holding in Australia, as large as the Bulgheria or Portugal and over a third of Italy has attracted a large interest in the world. It is the largest landed estate in the world owned by a private individual. Usually land of such great extent belong to a state. Obviously many have expressed interest in acquiring this huge property, such as Chinese and Japanese, but requests for purchase involvement were received from the United States, Sweden and Switzerland. The citizens of Australia disagreed and asked the government for a national pride, to find the money to buy this property, so as not to go into foreign hands 2% of the entire continent. It is a land that until now has been used for the breeding of livestock that only to inspect it takes with the plane more than 10 days. Even today, the Kidman family produces 1.3% of exports of Australian beef. The company’s founder Mr. Sidney Kidman at the time was called the “KING OF CATTLE” died in 1935 he left everything to his four sons and the property has remained firmly in the hands of the family for five generations without ever accumulating debts. The size of the territory is very functional for the company as it allows to bring the cattle from the North and South of the continent following the course of rivers with increasing availability of water and forage along the way. The starting price is set at only $ 325 million for many, it is considered a bargain, considering that in the huge territory of 101 thousand square kilometers are also included 500 thousand heads of cows and sheep, and that the price of meat has continuous increase in the international market. Whatever happens it will be remembered in time as an exceptional sale bearing in mind the extent of the territory also easily identifiable on a map at the same strequa of a medium-sized nation.