I challenge you to refuse your heirs their inheritance in your will. I challenge you to make a living as a rancher without being a "multimillionaire". And if you live in a city, I challenge you to stop using the subsidy that your local government provides to steal water from other people and their lands. As usual, most "principled" libertarians are just as hypocritical as the people they criticize.
I have no problem with inheritance, or think worse of people who do so or of people who have money or do not. However in this case, its not just that he has wealth, its that he refuses to pay the already subsidized rate to graze his cattle, use water, shit on lands, claiming in his argument "he doesn't recognize the federal government," when in fact he is a multimillionaire rancher who has profited from federal subsidies greatly (any farmer or livestock ranchers do so in America). Its something like $1.50 per mother/calf pair per month, which is insanely cheap, and I guarantee he does not work 14 hours days, he most likely has illegal immigrants doing most of the heavy/hard work for him. He lost 2 court cases in federal court (assuming at this point when he fought the cases legally he did recognize the federal government), then loses the case and all of a sudden "doesn't recognize the federal government," and hes gunna use their property on the barrel of his gun. This is libertarianism at its worst, someone who fails in his channels the peaceful way then resorts to violence.
I'm gunna bring my cows over to you all your yards who disagree with me, and graze in your backyards, eat your vegetation, drink you water, shit on your land, then if you claim "property rights/trespassing" I will simply claim to not recognize your property. Sound pretty douchy? He is violating the laws of the will of the people.
Ronald Reagan put into law this about grazing fees:
Executive Order 12548 -- Grazing Fees
February 14, 1986
So these laws that Bundy are fighting (or he simply is at the point of not even acknowledging them or the federal government) were put into place by "conservative hero" Ronald Reagan. So my point is, it is not a Libertarian position to have to support Clive Bundy
at all, some will choose to and these will be the extremists who don't recognize the federal government at all. Wouldn't it be convenient if any time someone was violating a federal law they could simply say "I don't recognize your authority!!1" and be off scott free? This is nothing even close to resembling the American Revolution either, since Cliven and his "militia" crew are about 500 strong who claim to not recognize the federal government, they would absolutely be crushed if they wanted to take this to a trade of force as the feds really did consider them a "foreign invader/terrorist." The feds could literally blow up his entire ranch with not even leaving their computer with drone strikes, so its a pretty stupid fight if he wants to take it to force, like a real revolution in 1776, so basically his only strategy is to try to "garner sympathy" with the American public, I guess that's what the whole "women and children" strategy was - a PR move, and thats what this whole thing is, which is why it is despicable to put the lives of these innocent Oathkeepers, and people helping him using their lives as a way to get public attention. On the sympathy note, which is all this is, there are plenty of other Americans more deserving of sympathy, like people who literally are in poverty, living 6 to an apartment, who have lost their homes, and the eroding middle class. The graduate with 100k in student loans with no jobs, the list goes on and on ... thats why I think it is ridiculous for this multimillionaire inheritee thousand acre land owner to by crying like a baby over not wanting to pay a few dollars a month to graze his cattle on other peoples land.
So basically if he doesn't recognize the feds as legitimate, that makes him an illegal immigrant and we should deport him with ICE

Or maybe give his land back to the native americans/mexicans who were there before him?
That being said, I do disagree with the BLM show of force as well, it was very heavy handed, even if they were legally in the right, they didn't grasp the situation well as it is not worth losing human lives over. The Government can simply sit back and take him apart piecemeal by attacking his IRS refund, attaching liens on his bank accounts etc and waiting till he brings the cattle to market and placing a lien on the funds at that time.