Never heard that rumor before...so I took a moment to source it.
Purportedly, it's 98,400 A. -- not a million acres.
The report came from something called "Russian Intelligence" in 2007 -- which claimed that Jenna fronted the deal. And it was picked up by the likes of a.) The Guardian, b.) Counterpunch, c.) Pimpinturtle, d.) Wonkette and e.) something called "The Power Hour".
And it has been denied by Paraguay, the U.S. State Department and Bush spokespersons.
So, why would a FReeper repeat such a spurious story...from such unreliable sources?
Got the decimal point wrong, but there are plenty of sources online w/ information about a ranch, although I hadn’t read the denial, which you cite. Must be similar to the Palins buying a house in Scottsdale, which as far as I know, hasn’t been confirmed either. Personally, since the euro and Europe seems to be headed down the tubes, a nice South American ranch might be a really good idea.
I think that particular canard was spun to counter the fact that Turner and other big progressives have purchased hundreds of thousands of acres, including entire lakes in Ushia (sp?).
IIRC, that began back in the 90s, when someone did a study showing that a nuclear blast in the Northern Hemisphere would spare the extreme southern hemisphere land areas.
The various deals in Paraguay were also in support of the Argentine fascists. The land was owned by the K’s, who were the modern Peronist dictators of Argentina. It was a win-win for totalitarians.
OTOH, I seem to recall that the Bush family might have donated something for a nature preserve in Paraguay, which got spun into buying a private enclave. No time right now to search that.