The mogul's holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. 242,000 Acres: Bill Gates Now The Largest Owner Of Farmland In America. 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.
Bill Gates owns massive parcels of farmland. It's not part of his plans It isless than .1% of all US farmland because the ownership is so diverse. Farmland Riches, LLC and the owners may have investments in companies represented on the AcreTrader platform.
Why Is Bill Gates Buying So Much Farmland? - Farmland Riches Talk about big bets. 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. 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. Bill Gates does not own the majority of U.S. farmland. Real estate investors overall have also been increasingly targeting single-family homes. Pates wrote that while "nobody involved in the deal seems eager to talk about it," public records connected Gates and the buyer, Red River Trust. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. Click here to view current offerings on AcreTrader! Oversight. 2 min read Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all. The tide began to shift in the early 2000s, when institutional investors began to give farmland a closer look. 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/.
North Dakota Investigates Farmland Purchases by Trust Linked to Bill Gates Read next:Bezos-Backed Startup Lets You Become A Landlord With $100. From the beginning, Cascade Investments focused on blue chip defensive stocks, including Four Seasons, Berkshire Hathaway, Coca Cola, and more. Why? The Guardian, 5 Apr. Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. How Many Hours Is It From Detroit To Michigan? He had accumulated more than 269,000 acres of farmland across 18 states in less than a decade. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. The Gates Foundation isnt the entity utilizing the land, but rather just Bills family office. See MCL 436.1701., Michigan taxpayers are allowed to take a number of exemptions, depending on the number of people in the taxpayers household, their ages, and other factors, If the defendant is held for more than 24 hours without being brought before the court under subsection (2), the officer in charge of the, An ORV or off-road vehicle is a motor-driven, recreational vehicle capable of driving on a range of terrains not limited to roadways and, Michigan leads the nation in tart cherry production. 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. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. Over time, Gates sold personal stock in Microsoft and. Try the tool that will help you invest smarter, faster, and better. We invest in the farms to raise productivity. Representatives for Gates did not immediately respond to messages from Insider requesting comment. Bill Gates is well-known for building Microsoft, but it's a lesser-known fact that he's also the biggest private landowner in the US. Perhaps Bill Gates is looking to test out his GMO seeds. Bill Gates (AP Images) Bill Gates is buying up America's farmland. Invitation Homes, for example, has approximately 80,000 homes for lease across the country and is the largest landlord for single-family homes in the United States (here) (here). 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. Access your favorite topics in a personalized feed while you're on the go. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of 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. Oversight," June 15, 2018, The Chicago Tribune, "Chicken nuggets and cream cheese grow in trays in a South Side lab. He recently tried to explain why, and it was a little hard to follow. There were 895.3. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Other noteworthy farmland investors include Ted Turner and Thomas Peterffy. How can this inform our personal investment decisions? Sign up for notifications from Insider! Bill is now the biggest owner of farmland in 2022 a great hedge asset against rising inflation. 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. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states.
Bill Gates, Sustainable Agriculture Champion, Is America's Biggest These posts were flagged as part of Instagrams efforts to combat false news and misinformation. The No. According to a January 2021 article by The Land Report, Gates owned 242,000 acres of farmland through two investment management firms - Cottonwood Ag Management and Cascade Investment (here). 41 on The Land Report's 2022 list of Americans who own the most land.
Does Bill Gates Own the Majority of US Farmland? - Snopes Download free guide with advice for beginners. Why doesnt everyone just invest in farmland then? Gates owns less than 1% of the nations farmland. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. Owning farmland is one of the most prudent financial investments to make now. Stay up to date with what you want to know. We need your help. You're looking into Bill Gates' Red River Trust purchase of . Estes, Nick. 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. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. 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. . Bill Gates investments in farmland can be seen as part of this trend. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. The Bill & Melinda Gates Foundation is focused partly on agricultural development to support farmers in sub-Saharan Africa and South Asia. This article will go into detail about how much land Bill Gates owns and why he owns so much. Your membership is the foundation of our sustainability and resilience. "It is not connected to climate. However, the Gates Foundation has been largely transparent at every level of their operations from their objectives, means, successes, and failures. Similar to private equity firms destabilizing the housing market, millionaires and billionaires investing in farmland are also creating their own set of issues, as they are now pricing out young farmers looking to buy land. Another main feature of the Big Bet is the implementation of the culmination of the Gates Foundations research: specialized GMO seeds for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant. The tweet had gathered over 215,000 likes at the time of writing. 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. In their 2018 annual letter, 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. Amazon founder Jeff Bezos . Hearst Magazine Media, Inc. All Rights Reserved. Does Michigan Allow Personal Tax Exemptions? These subsistence farmers can order equipment and seeds they need, paying what they can over a longer period of time. Climate Connection. The North Dakota attorney general's office recently inquired into a 2,100-acre farmland purchase by Red River Trust, an entity affiliated with Bill Gates. Recently, Bill Gates has purchased 300,000 acres of farmland, you would think that buying all of the farmland would be bigger news than Elon Musk buying all of Twitter (here). That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for. The state is investigating the purchase of potato farmland by the Gates-linked trust, with the states Attorney General writing in a letter that it wasprohibited from owning or leasing farmland or ranchland in the state of North Dakota.. Should we be worried about a tech giant like Bill Gates amassing this wild amount of land?
Bill and Melinda Gates own 70,000 acres of Louisiana farmland; what 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. stated on February 13, 2023 in a Facebook post, Gates investments in plant-based meat and farmland. Gates appears to be pro-chicken farming.