Sierra Pacific Industries founder Archie “Red” Emerson has moved down a few notches on Forbes Magazine’s list of America’s richest people. California’s largest private land owner, with nearly 2 Million Acres of timberland in California and Washington, Emmerson is tied with 5 other billionaires at a ranking of 184th in the United States, with 3.5 Billion Dollars. On Forbes’ list released in March he was at 154th with 3.7 Billion Dollars. The 87-year-old Emerson and his father Curly established Sierra Pacific in 1949 and took it public in 1969. Four years later he bought it all back. In 1988 his company took out a loan of 460-Million Dollars to buy 522-Thousand Acres from Santa Fe Southern Pacific Railroad. Most of that land had been granted to the railroad by the federal government as they expanded through the west in the 19th century, and the purchase gave Sierra-Pacific a virtually endless bank of timber holdings. Emerson is married and has 3 children. He lives off of Smith Road on the bank of the Sacramento River between Redding and Anderson.
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