Stan Kroenke, the owner of the Winecup Gamble Ranch in Nevada, is worth an estimated $20 billion and one of America's largest property owners and stakes in sports franchises such as the Denver Nuggets and Arsenal soccer club. However, he benefits from one of the federal government's bedrock subsidy programs, a program that supports ranching in the West. The public lands grazing program, formalized in the 1930s, has served operations including billionaire hobby ranchers, mining companies, utilities, and large corporate outfits. The federal government plans to make the program even more generous in the future, with plans to open more of the 240 million acres of Bureau of Land Management and Forest Service grazing land to livestock while reducing environmental damage. Subsidies benefiting public lands ranchers include disaster assistance after droughts and floods, cheap crop insurance, funding for fences and watering holes, and compensation for animals lost to predators. The Trump administration's push to further underwrite the livestock industry is seen as a key strategy to further fuel the economy and eliminate the national debt.