Surprise Bidder At Annual State Fair Livestock Sale

Aug 5, 2013

The Ohio State Fair is over for another year, ending with some money records in the annual Sale of Champions.

Ohio Public Radio's Karen Kasler reports this year’s auction of the fair’s top livestock included not just big money, but a big name.

The top names in politics aren’t necessarily the leading names in agriculture…
“And here is our buyer, Mark Kvamme, as I get that right? Mark, you’re from where?”
“I’m from Sunbury, Ohio.”
“And what do you do?”
“I’m in the investment business.”
Kvamme is the billionaire California tech investor who moved to Ohio to be the first head Gov. John Kasich’s controversial job creating entity JobsOhio. Kvamme set a record bid for the grand champion goat. He also bought the champion barrow and reserve grand champion steer, spending 97,500 on those three auctions. Kvamme, who left JobsOhio last year, said he and his wife Megan recently bought a farm in central Ohio. Overall, the sale brought in $344,700, with $265,000 of that going to support youth agriculture programs.