Gates does not own the majority of U.S. farmland. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. The Land Report found in 2021 that the Gateses had 242,000 acres of farmland, 1,234 acres of recreational land, and 25,750 acres of land in transition from farmland to residential and commercial use (think suburban development). 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. Well, as with everything in life, there is always a trade-off especially in finance. Earlier this week,North Dakota State Attorney General Drew Wrigley wrote a letter to Red River Trust, stating that its corporations and LLCs were prohibited from owning or leasing farmland or ranchland in the state of North Dakota. Wrigley added that these entities were banned from engaging in farming or ranching.. 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 While viral conspiracy theories baselessly conjecture that Gates is buying up farmland in order to starve Americans for some unknown reason, there's likely a simpler explanation: Gates makes money off this land. Who owns the most land in the world 2021? 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. What they are doing locking up land, not just private land, but in Wilderness Areas, National anything to do with land, Conservation programs that literally pay farmers, dairymen, etc. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. Heineken accused of secretly shipping adrenochrome in kegs after Bill Bill Gates Finds Farmland To Be One Hot Commodity This is a sponsored promotion for the AcreTrader platform. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. Bill Gates owns massive parcels of farmland. Top editors give you the stories you want delivered right to your inbox each weekday. Conspiracy theorists claimed last year that the Microsoft founder was buying up farmland in the U.S. in order to starve Americans for an unknown reason, Snopes said, after researchers said in. 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 explains why he buys so much farmland 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. The billionaire is one of the founders of the Giving Pledge, which asks the world's wealthiest people to give away most of their fortunes to charitable causes. The transitional land he owns in Arizona is reportedly being built into a suburb .. Satellites are on balloons and not in space.. The agriculture sector is important," Gates wrote. Bill Gates: Americas Top Farmland Owner | The Land Report. 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). Why Farmers Are Worried About Bill Gates (And Other Non-Farming Land According to a 2022 report from the U.S. Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the U.S. Gates owns roughly 242,000 acres, about 0.03% of the total. Why? The Guardian, 5 Apr. More than 58 million birds in hundreds of commercial and backyard flocks have been affected since the bird flu outbreak began in February 2022, the Agriculture Department estimated. I have written several articles on postings related to Big Tech, Social Media and Corporations. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. Gates is No. 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. The . How can this inform our personal investment decisions? Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . 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). 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. Conspiracy Theorists claimed last year that the Microsoft founder was buying up farmland in the U.S. to starve Americans for some unknown reason, Snopes said, after researchers said in April that the world was facing a potential food shortage due to Russias invasion of Ukraine. In the wake of this uncertainty, unfounded rumors began to spread that attempted to lay the blame for any coming food shortages on nefarious forces. Bill Gates Buys Farmland in Amish Country - YouTube In this short period of time, there was a proliferation in funds that were specifically focused on farmland investing. Access your favorite topics in a personalized feed while you're on the go. He also reportedly owns about 16,000. So, what's the interest in farmland? Gates also owns land in Arizona (25,750 acres), Illinois (17,940),Mississippi (16,963),Washington (16,097), Florida (14,828), Idaho (9,233), Indiana (9,136), Ohio (8,915), California (4,509), Colorado (2,270), Michigan (2,167), Wisconsin (1,188), Wyoming (975), North Carolina (874), Iowa (552), and New Mexico (1). Data gathered by The Land Report and NBC News show that their land holdings range from 70,000 acres in north Louisiana, where their farmland grows soybeans, corn, cotton and rice, to 20,000 acres . Bill Gates Is Buying Up American Farmland. But Why? In a world of wild talk and fake news, help us stand up for the facts. 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . Bill Gates does not own the majority of U.S. farmland. While private companies and corporations are increasing their ownership of U.S. homes, BlackRock, through its investments, does not own a majority of single-family homes. All rights reserved. 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. By Rebecca . Hint, It's Not Bill Gates. . The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. Using those figures, Gates would own about 0.027% of U.S. farmland. 28. Why? Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Check out:How To Invest In Real Estate With $100. as well as other partner offers and accept our. Thus, before we answer these questions, we are going to provide a brief summary of his financial history. 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. During his 11th appearance in the "Ask Me Anything" . Billionaire Bill Gates explains why he buys a lot agricultural land - Photo: BENZINGA. Estes, Nick. How Much U.S. Farmland Does China Really Own? More Than Bill GatesAnd Zu den grten Gates-Unternehmen zhlen etwa Betriebe mit 27.952 Hektar in Louisiana, 19.395 Hektar in Arkansas, 10.420 Hektar in Arizona, 8.331 Hektar in Nebraska und 6.514 Hektar im Bundesstaat. This article will go into detail about how much land Bill Gates owns and why he owns so much. Infected flocks are culled to prevent the flu from spreading. Corn production is concentrated in the Lower Peninsula with Saginaw and Lenawee counties as Michigans largest producers. While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. Bill Gates-Linked Trust Probed For Buying Up Farmland In North Dakota Bill Gates is the biggest private owner of farmland in the United Some experts have pointed to Gatess well-known sustainability and green tech initiatives as a possible reason, but during an earlier Reddit AMA in 2021, Gates said, my investment group chose to do this. According to Redfin, single-family housing represented over 70% of the properties purchased by investors in the third quarter of 2021 (here). The Agriculture Department has said the avian flu outbreak in the U.S. is the main contributor to low inventory and high prices. How many farms Does Bill Gates Own? We need your help. See here for a complete list of exchanges and delays. America's Biggest Owner Of Farmland Is Now Bill Gates - Forbes 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. In the past 20 years, the foundation has grown to hold over $48 billion. You either had to directly buy the land, pony up millions to participate in a fund or purchase farmland via a REIT. In 2018, Michigan produced 297 million bushels of corn grain, worth $1 billion. 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 . What Land Does Bill Gates Own In Michigan? Chicken nuggets and cream cheese grow in trays in a South Side lab. AcreTrader is one of the most well-established farmland crowdfunding platforms out there. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. The transitional land he owns in Arizona is reportedly being built into a suburb. Report: Bill Gates is largest owner of private farmland in U.S., with St. Petersburg, FL It reported that as of 2022, Gates owned about 248,000 acres of farmland. Gates believes that subsistence farmers and impoverished peoples will be among the most affected by climate change. Gates has been asked about his farmland purchases before. Bill Gates Top Farmland Owner in US | Newsmax.com Document shows Rebekah Jones demonstrated a violation of Floridas Whistleblower Act. 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. He recently tried to explain why, and it was a little hard to follow. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? News reports from the last several years suggest that Gates has at different times invested in start-ups focused on developing artificial or plant-based alternatives to meat, such as Natures Fynd, Hampton Creek, Memphis Meats, Beyond Meat and Impossible Foods. 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. Bill GatesWith almost 269,000 acres, Bill Gates retained his ranking as Americas largest private farmland owner. #1. False. The tech billionaire owns 69,071 acres in Louisiana, 47,927 acres in Arkansas, and 20,588 acres in Nebraska. Click here to view current offerings on AcreTrader! It's not part of his plans to save the planet. Real estate investors overall have also been increasingly targeting single-family homes. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). Bill Gates is America's biggest farmer with 269000 acres farmland which Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. 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. Bill Gates: Der grte Eigentmer von Farmland in den USA Talk about big bets. Today, Bill Gates owns 242,000 acres of farmland in 19 states. With the Washington state acreage and other recent additions to his portfolio,. Is Farmland Partners (FPI) A Good Investment? Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. 33701 Investors from the Netherlands own 33% of that land with Canadians owning 25%. The billionaire philanthropist Bill Gates, America's largest farmland owner, apparently bought a potato farm in North Dakota, and local residents aren't too happy about it. Here's why the ultra-wealthy like Bill Gates and Thomas Peterffy are As per the report, the Gates have their own land in at least 18 American states. 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. 3. It is reported that Bill Gates owns over 269,000 acres of farmland in over a dozen states, making him the largest farmland owner in America. Over the last decade, Bill Gates has invested in multiple companies, including Beyond Meat and Impossible Foods, that develop plant-based meat alternatives. Try the tool that will help you invest smarter, faster, and better. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. Bill and Melinda Gates also cracked the Land Report's Top 100 Landowners for the first time coming in at number 49. 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. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. 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. Why Is Bill Gates Buying So Much Farmland? - Farmland Riches One main benefit to alt assets especially for those whore heavily invested in the stock market is, another scenario where more traditional assets like stocks and, Also, because youre investing in the land itself, your investment not only is quite resistant to depreciation, but also provides some, Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that, American farmland produces a lot of exports, exposing you to political risks, Its a little harder to break into farmland than other assets, though this is changing, In the same way you can invest into ETFs (Exchange Traded Funds) in the stock market, there exist similar products for farmland called, Bill and Melinda released their latest initiative, , While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. Heres why. Other noteworthy farmland investors include Ted Turner and Thomas Peterffy. Or, have more control over the resources we all use and need. However, there are also countless farmland investing platforms gaining traction now too. Billionaire Bill Gates reportedly shopped for 'hundreds of acres of farmland' in Turkey while vacationing aboard a superyacht that emits an estimated 19 tons of CO2 a day before heading to the . Why Bill Gates is the largest private farmland owner in the United Bill Gates Asked Why He's Buying So Much US Farmland: Here's His Answer Gates also owned up to the various failures in their initiatives, and admitted that they try their best to leverage the expertise and wisdom from the community leaders present in the areas they aid. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. Stay up to date with what you want to know. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. For now, Gatess ever-expanding farmland ownership is really just rich guy doing rich guy things, and while concerning in a late-stage capitalism sort of way, it isnt as cartoonishly nefarious as some conspiratorial corners of the internet want to believe. District of Columbia In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. 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? 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. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. He responded that it was a decision his investment group made. Those people are upset, but there are others that are just livid about this.. Though the Gates Foundation has spent so much time and resources on helping humanity more than any other private entity in history the sheer power their enterprise wields has drawn the attention and fear of many. Essentially, by year 2030, the estimated results of what carbon emissions (and their effect on the environment) will look like in 2050 will be decided in full. a Reddit user asked. 242,000 Acres: Bill Gates Now The Largest Owner Of Farmland In America. He's the new MacDonald: Bill Gates owns hundreds of thousands of acres across the United States including 242,000 acres of farmland making him the country's top agricultural landholder, according to Eric O'Keefe's The Land Report. In 2020, there were 166 such funds globally, nearly a 9x increase from only 19 in 2005. During the COVID-19 pandemic, vaccine-hesitant Americans were inundated with false rumors claiming that Gates was putting microchips into vaccines, that he was working on a mind-altering vaccine, that Gates had input tracking devices into vaccines, and that he once called for vaccinations as a way to depopulate the planet. He had accumulated more than 269,000 acres of farmland across 18 states in less than a decade. Farm Gates - Ohio Ag Net | Ohio's Country Journal Toxic chemicals known as PFAS, or per- and, 2 hours, 2 minutes. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. Bill Gates owns a lot of farmland. | Iowa Hawkeyes fan forums - Go Iowa However, this practice of buying up agricultural land predates Bill Gates and has been a popular investment for the super-rich since at least the early 2000s.