Read more about the article Illinois billionaire Shahid Khan investing in thousands of acres of the state’s farmland
Farm acreage at the 1831 2500N, Thomasboro, IL belonging to Baloo Enterprises LLC on Saturday, March 13, 2021. photo by Darrell Hoemann/C-U Citizen Access

Illinois billionaire Shahid Khan investing in thousands of acres of the state’s farmland

In recent years, Urbana billionaire Shahid Khan has added to investments by quietly purchasing farmland through a company he owns called Baloo Enterprises LLC. A spokesperson for Khan confirmed earlier this month that Khan has purchased roughly 24,000 acres of farmland in central Illinois.

Continue ReadingIllinois billionaire Shahid Khan investing in thousands of acres of the state’s farmland