Microsoft founder Bill Gates and his wife Melinda have amassed the largest portfolio of private farmland in the US, according to The Land Report. "Those people are upset, but there are others that are just livid about this.". Report: Bill Gates is largest owner of private farmland in U.S., with The REAL reason Bill Gates is buying US land. With over 242,000 acres of farmland, Bill Gates is America's biggest farmland owner, and his ownership may be connected to climate change and plant-based meat substitutes. Bill and Melinda Gates own 70,000 acres of Louisiana farmland; what Cascade Investment began purchasing farmland in significant strides in 2013. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. Featured in the agricultural side of their plan is a strategy for subsistence farmers and other small-acre farms in Africa and the developing world education, resources, and layaway payment plans which can be used through smartphones. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. Hint, It's Not Bill Gates, Bezos-Backed Startup Lets You Become A Landlord With $100, Try the tool that will help you invest smarter, faster, and better, Bill Gates Finally Explains Why He's Buying So Much U.S. "In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. Bill GatesWith almost 269,000 acres, Bill Gates retained his ranking as Americas largest private farmland owner. Claims online that billionaire Microsoft co-founder Bill Gates owns the majority of U.S. farmland and that BlackRock, the worlds largest asset manager, owns the majority of U.S. single-family houses are factually inaccurate, according to industry data and spokespeople for Gates and BlackRock. Gates has a big vision for all that land, but unfortunately it doesn't involve organic, biodynamic or regenerative farming methods, which are needed to heal ecosystems and produce truly sustainable, nourishing food for future generations Bill Gates and conspiracy theories go together like peanut butter and jelly. Thus, before we answer these questions, we are going to provide a brief summary of his financial history. According to The Land Report, the Microsoft co-founder owns farmland across 18 states, with the largest holdings being in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588. While Gates has spent billions investing in agricultural properties to make them more productive, a growing number of retail investors are getting a piece of the real estate market with as little as $100 through companies backed by high-profile investors like Jeff Bezos. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. Top editors give you the stories you want delivered right to your inbox each weekday. Those people are upset, but there are others that are just livid about this.. The $13.5 million sale in November of roughly 2,100 acres in the northeast corner of the state was first sleuthed and reported by AgWeek's Mikkel Pates earlier this month. By divesting his personal wealth from his own thriving tech company, and diversifying into myriads of other non-tech based businesses, Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became. Lower-than-usual egg inventories near the end of the year, when demand is up from holiday baking, resulted in several successive weeks of record-high egg prices, the department said. Using those figures, Gates would own about 0.027% of U.S. farmland. Heres why.," Jan. 10, 2023. Perhaps Bill Gates is looking to test out his GMO seeds. Bill Gates just bought 2,100 acres of farmland in North Dakota, adding to the 270,000 acres he inexplicably owns throughout the US China also just bought 300 acres there, adding to the 192,000 . 1800 I Street NW That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. Gates believes that subsistence farmers and impoverished peoples will be among the most affected by climate change. Bill Gates Uses Farmland as Investment Vehicle, Owning 269,000 Acres of Land. NBC News, https://www.nbcnews.com/now/video/bill-gates-is-nation-s-largest-farmland-owner-114566213692. Purchasing your own farm outright means that you are not diversified across many farms; just 1. At about $6,000 per acre, the potato farm cost roughly half of what Gates reportedly spent on highly coveted soil closer to his home in Washington. Accessed 28 Apr. Benzinga does not provide investment advice. Why am I just learning about this NOW?. Breitbart News reporter Alana Mastrangelo wrote: Gates is now America's largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according to the Land Report. The biggest chunks of Gates' holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlet's research found. How can this inform our personal investment decisions? Gates does own a lot of farmland. Since his divorce, it is unclear how the assets were split up between the couple. As of the latest Rental Housing Finance Survey (2018), there were 19.955 million rental properties in the United States (bit.ly/3FdPtKZ), 17.16 million of them single unit rental properties (bit.ly/3KLCjWH). While private companies and corporations are increasing . Agfundernews.com, a website about agricultural investments, reported in 2021 that Gates' investments were part of a broader trend that started after the financial crisis of 2008, as investors looked for reliable returns. In a world of wild talk and fake news, help us stand up for the facts. Access your favorite topics in a personalized feed while you're on the go. How much land does Russia own in the United States? Farmland, Biden Hears Oval Office Plea for Alaska Oil Project in Lobbying Frenzy, Apple tops ranking of global companies with the most 'green' revenue, UPDATE 2-North Korea says UN should demand end to S.Korea-US military drills, US Treasury puts cost of outbound investment risk program at $10 million, US Jobs Report and Powell Testimony Take Center Stage: Eco Week. Bill Gates: Der grte Eigentmer von Farmland in den USA Accessed 28 Apr. It reported that as of 2022, Gates owned about 248,000 acres of farmland. One of the more colorful theories pertains to Gatess strange interest in U.S. agriculture, with rumors that the former Microsoft CEO owns upward of 80 percent of farmland in the United States. In January 2021, Bill Gates became the largest owner of farmland in the United States. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. Bill Gates Although Gates owns these farms, he isnt changing their practices. Does this investment say anything about the state of the. Why Bill Gates is the largest private farmland owner in the United Bill Gates purchase of a large patch of land in North Dakota has sparked fury and conspiracy theories on social media after the Microsoft billionaire secured legal approval to purchase the 2,100 acres of farmland in the state last week. 2021. Gates and his wife, Melinda, own 242,000-acres across the U.S., according to The Land Report.. Gates' farmland includes 69,071-acres in Louisiana, 47,927-acres in Arkansas, 25,750-acres in Arizona, and 20,588 in Nebraska, and property in 14 other states, the magazine reported. Access your favorite topics in a personalized feed while you're on the go. Climate Connection. In Washington, the duo owns more than 14,000 acres of farmland that includes potato . The figure is far below the total area of U.S. farmland. To better understand these questions, it's helpful to review Bill Gates' financial decision through the years, especially as it relates to Microsoft, Cascade Investments, and The Bill and Melinda Gates Foundation. Land Values: Here's a look at the top 10 absentee landowners in central Illinois, and where they own farmland. Breitbart News reporter Alana Mastrangelo wrote: Gates is now Americas largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according tothe Land Report. According to the Tri-City Herald, a 14,500-acre swath of choice eastern Washington farmland in the Horse Heaven Hills of Benton County had just traded hands for almost $171 million. Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? This position in Microsoft was quickly funneled by Cascade Investment into this long term growth strategy. BlackRock is a shareholder in both companies (here) (here). While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. In fact, he reportedly owns more farmland than any other individual in America. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. Since 2020, Gates has held the title of the nations largest private farmland owner, per The Land Report. Billionaire Bill Gates explains why he buys a lot agricultural land - Photo: BENZINGA. researchers warned about the potential risk of a global food shortage, currently no nationwide food shortages in the United States, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal, 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, you'd cover an area about a quarter the size of Rhode Island, Gates was putting microchips into vaccines, Gates had input tracking devices into vaccines, vaccinations as a way to depopulate the planet. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.". The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. Bill Gates (AP Images) Bill Gates is buying up America's farmland. Bill Gates is America's biggest farmer with 269000 acres farmland which In the past 20 years, the foundation has grown to hold over $48 billion. The Future of Farming According to Bill Gates - NutriTruth It is not connected to climate. Thats because the old adage goes: Buy landthey arent making it anymore. (Which volcanologists know isnt exactly true, but you get the idea). You're looking into Bill Gates' Red River Trust purchase of . Gates owns roughly 275,000 acres of farmland in the US, according to the 2022 edition of the Land Report 100, a yearly survey of the biggest landowners in the country. At the turn of this century, Chinese owners owned about 192,000 acres of farmland in the U.S., according to the USDA. Microsoft founder and billionaire turned philanthropist Bill Gates recently laid the long-time conspiracy theory that he owns some 80% of all U.S. farmland to rest in . In 2020, there were 166 such funds globally, nearly a 9x increase from only 19 in 2005. His idea, like many others, was to diversify his investments across different asset classes. 2023 Benzinga.com. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. PolitiFact | The Bill Gates egg shortage conspiracy isn't all it's So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? He has also written on his personal blog about the future of food, the increasing demand for meat as the global population rises and the environmental effects of livestock farming. America's Biggest Owner Of Farmland Is Now Bill Gates - Forbes Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. Across the nation, Gates' affiliates . Amazon founder Jeff Bezos . The portion of land that isn't owned by farmers varies widely regionally; in some areas, almost 80 percent of agricultural land is held by non-operators. the Gates Foundation answers the top ten questions they received, and they admitted that they didnt think it was fair that their family had so much global influence. Not only was he no longer reliant on his own companys success for his own personal wealth, but he set himself up to make even bigger moves in the decades to come. Bill and Melinda released their latest initiative, Bill Gates Big Bet, where the Foundation states theyre betting on the major success of developing nations within the next 15 years, hoping to see more improvement than at any time in history. Why Bill Gates' Purchase of Farmland Concerns Conspiracy Theorists In addition to farmland, the Gates' portfolio includes numerous public investments, the Gates Foundation, a major stake in the Four Seasons Hotel, and much more. (Read more about our partnership with Meta, which owns Facebook and Instagram.). Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions. It has also funded myriad research facilities and humanitarian operations, focusing on overcoming diseases, climate change, agricultural research, and health and nutrition in underdeveloped areas. Chinas American agricultural land holdings have increased over tenfold in the last decade, and at the beginning of 2020, investments from China held $2 billion of American agricultural land. But unlike those men, Gilbert has plans to redevelop his properties and not just sit on them. 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . Where did Gates buy farmland? | Dependable Bill Gates reveals reasons behind massive farmland purchases In the past, Gates has invested in companies developing artificial or plant-based alternatives to meat, and he is currently the countrys largest private farmland owner, according to The Land Report, a magazine that surveys the countrys largest landowners annually. Other factors are pandemic-related supply chain issues andholiday demand. he has consistently made investing choices that brought him unusual and incredible returns, and this has brought him great wealth when others made the wrong fiscal moves, and lost much. This is especially helpful if, say, the stock market crashed, and you had a more aggressive stock portfolio (or any large stake in stock at all). Who owns the most property in Detroit Michigan? Oftentimes, those fingers get pointed at Gates. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. Gates' interest in farmland is still strong. Just over 70% of these were owned by individual investors. Gates-affiliated ownership covers vast swaths of farm and timberland, estimated to be 69,071 acres in all by niche land ownership publication The Land Report. A $13.5 million purchase of a North Dakota potato farm is drawing outrage and legal scrutiny. Social media post scrambles the facts on high egg prices, Gateway Pundit, "Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage," Jan. 24, 2023, PolitiFact, "What Bill Gates has to do with livestock, lab-grown meat," May 18, 2020, PolitiFact, "Eggflation? In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. Reuters traced the figure cited by social media posts as the number of acres owned by Bill Gates to The Land Report, which reports on major land ownership in the United States. Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Social media users are falsely claiming that Gates owns the majority of U.S. farmland. Their low fees and competitive returns set them apart from many of the other platforms out there. He recently tried to explain why, and it was a little hard to follow. Heres why. Fact Check-Bill Gates doesn't own most U.S. farmland - Reuters The controversy over Bill Gates becoming the largest private farmland owner in the US People are drawing connections between Gates's vast farmlands and climate change advocacy. Why Farmers Are Worried About Bill Gates (And Other Non-Farming Land 242,000 Acres: Bill Gates Now The Largest Owner Of Farmland In America. 2022. Conservatives are vowing to never drink Heineken again after it was recently revealed that billionaire Bill Gates acquired a minority stake in the popular brewing company. In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. The Agriculture Department has said the avian flu outbreak in the U.S. is the main contributor to low inventory and high prices. Bill left most of his professional work at Microsoft at this time to work with Melinda and the foundation. Hes the largest landowner in the United States. Bill Gates' North Dakota Land Purchase Sparks Questions Online - Newsweek During times of uncertainty, people often look for someone to blame, and peddlers of misinformation are quick to tell others at whom they should be pointing their fingers. Heineken accused of secretly shipping adrenochrome in kegs after Bill As of October 2021, the Asian nation owns $1.065 trillion, or about 3.68%, of the $28.9 trillion U.S. national debt, which is more than any other foreign country except Japan. Bill Gates Is America's Largest Private Owner of Farmland - Breitbart "I've gotten a big earful on this from clear across the state, it's not even from that neighborhood," Doug Goehring, the state's agricultural commissioner, told a local NBC affiliate this week. Estes, Nick. What is the most profitable crop in Michigan? Why Is Bill Gates Buying Farmland? How Much Does He Own? - Farmfolio Supreme Court just voted to ban condoms., Says Ukrainian President Volodymyr Zelenskyy said he wants Americas sons and daughters to go die in Ukraine., In Ohio, there are 75,000 acres of farmland, fertile farmland, that are all now being poured down with acid rain., Muslims by the millions are converting to Christianity.. Many people wonder why Bill Gates would make these moves with his investment portfolio. Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. (here). The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn . Our Standards: The Thomson Reuters Trust Principles. The mogul's holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. It has been very fulfilling for me and is my full time job," Gates continued. By Jenna Hoffman July 5, 2022. In fact, he reportedly owns more farmland than any other individual in America. 420,000 acresBill and Melinda Gates prior to their divorce accumulated roughly 270,000 acres of farmland in less than a decade. Bill Gates-Tied $13M Farmland Purchase Angers North Dakotans Here are a few likely reasons why Bill Gates is scooping up farmland: Whatever you may think about the man himself, he has consistently made investing choices that brought him unusual and incredible returns, and this has brought him great wealth when others made the wrong fiscal moves, and lost much. Neither of these are a perfect option. Some are near cities and might end up having other uses.". - Farmland Riches where is bill gates' farmland in michigan. Why Bill Gates Is Investing Big Time In Farmland Across Washington And Based on Bill Gates budding friendship with Warren Buffett, Cascade adopted much of Buffets approach to investing: invest in good companies, and hold long term to see healthy returns. Now Chinese companies and businessmen are planning to make their home in the United States. Here in Michigan, roughly 1.35 million acres of ag land is held by foreign investors and nearly 90% of this land is in forests. The major cash crops are field beans, sugar beets, corn and wheat. stated on February 26, 2023 a video on Facebook: stated on February 15, 2023 a photo on Facebook: stated on January 29, 2023 a video on Facebook: stated on February 5, 2023 an Instagram post: stated on January 27, 2023 a video on Facebook: stated on January 22, 2023 an Instagram post: stated on January 16, 2023 a photo on Facebook: stated on January 12, 2023 a photo on Facebook: stated on November 6, 2022 an Instagram post: stated on October 26, 2022 a post on Instagram: stated on October 12, 2022 an Instagram post: stated on October 9, 2022 a Facebook post: stated on March 3, 2023 in a Conservative Political Action Conference speech: stated on February 19, 2023 in a Facebook post: stated on February 24, 2023 in an Instagram post: stated on March 2, 2023 in a speech at CPAC: stated on February 25, 2023 in a Facebook post: stated on February 22, 2023 in a Facebook post: stated on February 26, 2023 in an Instagram post: stated on February 27, 2023 in a Facebook post: All Rights Reserved Poynter Institute 2020, a 501(c)(3) nonprofit organization. The tech billionaire owns 69,071 acres in Louisiana, 47,927 acres in Arkansas, and 20,588 acres in Nebraska.
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