{{Short description|American business family}} {{Infobox family |name = Reed |region = California<br />Washington<br />Oregon |otherfamilies = |heirlooms = |estate = |meaning = |footnotes = }}
The '''Reed family''' is an American business family that focuses on owning land. The family currently controls Simpson Investment Company, established 1890, and its spin-off Green Diamond Resource. The family owns 1.37 million acres across California, Washington and Oregon, and is {{as of|2017|lc=y}} the fifth-largest private landowner in the United States.<ref name="busi_Meet">{{Cite web| title = Meet America's top 10 land barons, who collectively own more than 13 million acres across the country| author = Mark, Michelle| work = Business Insider| date = 18 August 2017| access-date = 14 December 2018| url = https://www.businessinsider.com/who-are-the-top-10-land-owners-in-the-us-2017-8}}</ref>
==History== The Reed family was established by patriarch Thomas M. Reed (1825–1905), a Washington pioneer and government official, and its success was greatly expanded by son Mark Edward Reed (1866–1933).
In 1897, Reed, a failed logger was hired by Sol Simpson to manage the Simpson Logging Company, Simpson's family-owned store, in the town of Shelton, Washington. Reed married Simpson's daughter, Irene, in 1901. After Simpson died in 1906, Reed assumed control of Simpson Logging. At that time the company employed approximately 300 people working out of five separate camps. By 1914, Reed had full control and transformed the company into a forest-products corporation. In 1925, the company opened its first sawmill, the Reed Mill, and entered the hemlock lumber manufacturing business.<ref name="fund_Hist">{{Cite web| title = History of Simpson Investment Company| author = | work = FundingUniverse| date = | access-date = 14 December 2018| url = http://www.fundinguniverse.com/company-histories/simpson-investment-company-history/}}</ref>
In 2014, the Reed family purchased 600,000 acres of Oregon timberland, putting them fifth on the largest US landowners list. In 2015, the family was estimated to have a net worth of $1.7 billion.<ref name="forb_Reed">{{Cite web| title = Reed family| author = | work = Forbes| date = 2015-07-01| access-date = 14 December 2018| url = https://www.forbes.com/profile/reed/#3c352c6281c2}}</ref>
As of 2017, the Reed family remained the fifth-largest private landowner in the United States, owning 1.37 million acres across California, Washington and Oregon.<ref name="msn._Thes">{{Cite web| title = These people own most of America's land| author = | work = MSN| date = 2018-09-28| access-date = 14 December 2018| url = https://www.msn.com/en-us/money/realestate/these-people-own-most-of-americas-lands/ss-AAzDXvk#image=27 | archive-url=https://web.archive.org/web/20180706053241/https://www.msn.com/en-us/money/realestate/these-people-own-most-of-americas-lands/ss-AAzDXvk | archive-date=July 6, 2018 | url-status=dead}}</ref><ref name="land_Land">{{Cite web| title = Land Report 100 – Largest Landowners In The U.S.| author = | work = The Land Report| year = 2017| access-date = 14 December 2018| url = http://www.landreport.com/americas-100-largest-landowners/}}</ref>
== References == {{reflist}}
{{DEFAULTSORT:Reed family}} Category:Business families of the United States