Ladd Drummond, a name closely associated with the popular Food Network star Ree Drummond (The Pioneer Woman), has made a significant impact not just in the world of ranching but also through his successful ventures alongside his wife. As the co-owner of the Drummond Land & Cattle Co. and a key player in various businesses in Pawhuska, Oklahoma, Ladd’s wealth has grown substantially over the years. In 2024, Ladd Drummond’s net worth is estimated at $200 million.
Ladd’s wealth stems from a combination of his family’s legacy in cattle ranching, government royalties, and new business ventures that have expanded the Drummond family brand. Through his contributions, both on the ranch and in his family’s business endeavors, Ladd has accumulated a fortune. Let’s dive deeper into his life and how his fortune came to be.
Key Points:
- Ladd Drummond’s estimated net worth in 2024 is $200 million.
- He co-owns Drummond Land & Cattle Co., one of the largest landholding cattle ranching businesses in the U.S.
- His family has diversified into retail, restaurants, and tourism, with ventures like The Merc and The Boarding House
What Contributes to Ladd Drummond’s Net Worth?
Ladd Drummond’s net worth comes from various sources, but the main contributors are the family’s cattle ranching business, land holdings, government contracts, and new business ventures in Oklahoma. In this section, we’ll explore these areas in greater detail.
Cattle Ranching and Drummond Land & Cattle Co.
Drummond Land & Cattle Co. is a family-owned business that has been running for over 100 years. Ladd is the co-owner of this business, which was established by his grandfather Fred Drummond in the late 1800s. Fred emigrated from Scotland and started the company after marrying a Kansas native. Ladd and his brother Tim now manage the company, which has grown to include thousands of acres and more than 2,500 cattle.
With a revenue of $2.5 million annually, the business thrives from the sale of cattle, land rental, and farming products. Ladd also benefits from government contracts, receiving millions from the U.S. government for the preservation of wild horses and burros on their land.
Government Payments and Royalties
In addition to the income from the cattle ranching business, Ladd’s family receives royalties from the government. The Bureau of Land Management (BLM) pays the Drummond family about $2 million annually to lease their land for the protection of wild horses and burros. Since December 2006, the Drummond family has received over $24 million for these purposes. This income plays a significant role in the family’s overall net worth.
Note: Ladd’s family’s relationship with the U.S. government has allowed them to build additional wealth and support animal protection on their vast ranch.
Business Ventures in Pawhuska, Oklahoma
Aside from ranching, Ladd Drummond is involved in several business ventures, many of which are located in downtown Pawhuska, Oklahoma. These ventures include The Merc, a retail store and restaurant, and The Boarding House, a bed and breakfast. These businesses were created by Ladd and his wife Ree, expanding their reach into the tourism and retail sectors.
The Merc, opened in 2016, is a popular destination for locals and visitors alike. The restaurant offers a wide range of food and has become a cornerstone of the local economy. In 2018, the Drummonds expanded their efforts with the opening of P-Town Pizza and Charlie’s Sweet Shop. These ventures have helped increase Ladd’s wealth by attracting tourism and providing ongoing revenue.
How Much Property Does Ladd Drummond Own?
Ladd Drummond is one of the largest landowners in the United States. With more than 433,000 acres of land, the Drummond family ranks among the top 100 landowners in the country. To put this into perspective, the family owns land spread across 676 square miles. This massive landholding is not just a source of wealth for Ladd and his family; it is also a critical part of their ranching business.
Comparing Land Holdings: Drummond vs. Other Top U.S. Landowners
| Rank | Landowner | Acres Owned | State |
| 1 | John Malone | 2.2 million | Multiple |
| 2 | The Emmerson Family | 1.9 million | Multiple |
| 3 | Drummond Family | 433,000 | Oklahoma |
While the Drummond family’s 433,000 acres do not match the largest landowners, it is still an impressive amount of land that significantly contributes to their wealth. This vast estate not only supports their cattle business but also provides opportunities for other revenue streams such as leasing land for conservation purposes.
Reminder: Ladd’s wealth isn’t just from cattle farming, but also from his large landholdings, which are a significant asset for the Drummond family.
How Did Ladd Drummond Meet His Wife, Ree?
Ladd Drummond’s love story with Ree Drummond is one of the more charming aspects of his life. The couple met in the mid-1990s when Ree moved back to Oklahoma after living in Los Angeles. At the time, Ree had planned to go to law school in Chicago, but fate had other plans. The couple met in a local bar, and the rest, as they say, is history.
They married in 1996, and their love story continues to inspire fans of Ree’s blog and television show, The Pioneer Woman. Ladd and Ree have four children together, and their family continues to play an important role in the Drummond family business and brand.
Conclusion
Ladd Drummond’s net worth in 2024 is an impressive $200 million, thanks to his involvement in the family’s cattle ranching business, the large landholdings they possess, and a variety of successful business ventures. From ranching to retail, Ladd has been able to capitalize on his family legacy while diversifying into other profitable areas. His wife, Ree Drummond, has also contributed significantly to their collective wealth, with her blog and television career adding another layer to their financial success. Together, the Drummonds continue to grow their empire, cementing their place as one of the wealthiest families in Oklahoma.
FAQ’s
- What is Ladd Drummond’s net worth in 2024?
Ladd Drummond’s net worth is estimated to be $200 million in 2024, largely from his family’s cattle ranching business and land holdings.
- How much land does Ladd Drummond own?
Ladd Drummond and his family own 433,000 acres of land, making them one of the largest landowners in the United States.
- What businesses does Ladd Drummond own?
Ladd and his wife Ree Drummond own several businesses in Pawhuska, Oklahoma, including The Merc, The Boarding House, P-Town Pizza, and Charlie’s Sweet Shop.
- How does Ladd Drummond make money from the government?
The Drummond family receives government payments of about $2 million annually for their land’s use in wild horse and burro protection, bringing in over $24 million since 2006.
- How did Ladd Drummond meet Ree Drummond?
Ladd met Ree in a local bar in the mid-1990s. They married in 1996, and together they built a successful life on the Drummond family ranch in Oklahoma.