A Swedish billionaire has bought 400,000 acres of the Amazon jungle just to protect it. He purchased a logging company that owned the land and shut it down to prevent further commercial destruction.
The man is Johan Eliasch, a Swedish-British billionaire and environmentalist who made global headlines for taking an unusual stand against deforestation. In 2005, Eliasch purchased 400,000 acres (about 625 square miles) of Amazon rainforest in Brazil—not for profit, but to protect it. The land was previously under the control of a logging company, but instead of exploiting it, he shut the operations down entirely to halt commercial logging.
Eliasch’s purchase was both bold and controversial. Supporters hailed it as a visionary act of private conservation, demonstrating how wealth could be used to shield fragile ecosystems. Critics, however, raised questions about foreign ownership of Brazilian land and whether such actions undermined local sovereignty. Still, Eliasch’s move drew worldwide attention to the desperate need to protect the Amazon, often called the “lungs of the Earth,” which produces 20% of the planet’s oxygen.
Eliasch wasn’t just a businessman—he was also a former special representative on deforestation to the UK government and an advocate for climate action in international forums. His story illustrates the power (and complexity) of individuals stepping in where governments and corporations often fail. One man’s decision quite literally saved a piece of the Amazon rainforest.