Word: pumalin
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Dates: during 2002-2002
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...stock markets of the 1990s and the billionaires they created. One of the most spectacular deals was the 750,000-acre acquisition of temperate rain forest in southern Chile by Doug Tompkins, who has headed the North Face and Esprit clothing companies. Tompkins spent some $15 million to acquire Pumalin Park, which stretches from the Chilean coast to Argentina. He is now buying land on the coast of Patagonia in southern Argentina to establish a reserve there. Other big private purchasers include Alan Weeden of New York City's Weeden Foundation, who has bought some 200,000 acres in South...
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