Some are near cities and might end up having other uses.". From the beginning, Cascade Investments focused on blue chip defensive stocks, including Four Seasons, Berkshire Hathaway, Coca Cola, and more. 2,167 acres. Check out current deals on AcreTrader now! This article will go into detail about how much land Bill Gates owns and why he owns so much. 28. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. It is not connected to climate. The Gates Foundation has seen steady success and growth since their launch, funding science, research, agriculture and education. One main benefit to alt assets especially for those whore heavily invested in the stock market is you can diversify your overall investment portfolio outside the NYSE/NASDAQ. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . Who is the largest farmer in the United States? 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. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. In fact, Gates is the owner of over. Bill Gates Is Buying Up American Farmland. But Why? Bill Gates Top Farmland Owner in US | Newsmax.com 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. Thus, in Gates mind, its extremely important to help empower these developing peoples before that year comes to fruition. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. He has invested in multiple companies developing artificial or plant-based alternatives to meat, but he supports chicken farming and agricultural development. Why? Bill Gates Doesn't Own That Much Farmland | Aaron Smith 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). 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. Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years. 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. Real estate investors overall have also been increasingly targeting single-family homes. By 2019, the USDA says foreign ownership of U.S. acres exceeded 35.2 million acres, a 60 percent increase from the decade prior. Microsoft co-founder Bill Gates is America's top private farmland owner. Using those figures, Gates would own about 0.027% of U.S. farmland. #1. Oftentimes, those fingers get pointed at Gates. Bill Gates explains why he buys so much farmland Investors from the Netherlands own 33% of that land with Canadians owning 25%. In a statement to Reuters, editor of The Land Report and author of the article published by the outlet on farmland owned by Gates, Eric O Keefe, called the claim absurd.. 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). Some of the biggest critics of Gates have deemed his philanthropy as a budding technocracy a tyranny of experts that both centralizes power into a private corporations interests. As of 2022, he owned 248,000 acres of farmland across more than a dozen states, but this accounts for less than 1% of the total farmland in the U.S. 54. Bill Gates is America's biggest farmer, his 269000 acres farmland grows The Gates Foundation has focused their efforts on alleviating the aftermaths of climate change since its founding. where is bill gates' farmland in michigan - ccecortland.org Just over 70% of these were owned by individual investors. 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. According to the Harvard Joint Center for Housing Studies (JCHS) (here), using data of the Rental Housing Finance Survey, between 2001 and 2018 the proportion of rental properties owned by non-individual investors, which include partnerships, trustees for estate, real estate corporations, real estate investment trusts, and other entities, increased from 18% to 26%. The tweet had gathered over 215,000 likes at the time of writing. Thetech billionaire owns69,071 acres inLouisiana,47,927 acres inArkansas, and 20,588 acres inNebraska. The transitional land he owns in Arizona is reportedly being built into a suburb. Bill Gates is America's biggest farmer with 269000 acres farmland which Is Farmland Partners (FPI) A Good Investment? So while Dan Gilbert owns the most property downtown, his 30-odd buildings seem small compared to what Kelly, Tatarian, Moroun, and others own. 20006, Florida 242,000 Acres: Bill Gates Now The Largest Owner Of Farmland In America. 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. Cascade Investment began purchasing farmland in significant strides in 2013. Well, as with everything in life, there is always a trade-off especially in finance. Age Requirements Most ordinances require, Huckleberries are small bright blue, or dark blue, or black berries which grow wild near marshes in Michigan. Hes also written about the need for more ways to produce meat without depleting environmental resources. The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. The. Does Michigan Allow Personal Tax Exemptions? Bill Gates does not own the majority of U.S. farmland. Why Is Bill Gates Buying So Much Farmland? - Farmland Riches According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. Louisiana is the top state. Our Standards: The Thomson Reuters Trust Principles. Why Bill Gates is now the US' biggest farmland owner - New York Post Snopes and the Snopes.com logo are registered service marks of Snopes.com. Report: Bill Gates is largest owner of private farmland in U.S., with Weyerhaeuser purchase Plum Creek in 2015 for over $8 Billion! As the Land Report notes, 24,800 acres of the land istransitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the mostpopulous city in Arizona. Who knows. North Dakota officials have questions and residents are furious about a major land grab by a trust linked to billionaire and anti-meat zealot Bill Gates, the nation's biggest owner of farmland. Amazon founder Jeff Bezos . Chicken nuggets and cream cheese grow in trays in a South Side lab. One answer might surprise you: While trying to track down who recently purchased 14,500 acres of choice farmland in Washington state's Columbia River Basin, researchers at The Land Report discovered the new owner was Microsoft co-founder Bill Gates. 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. Are you ready for alternative proteins made from a volcanic microbe? 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. Bill Gates Is Buying Up American Farmland. But Why? In this short period of time, there was a proliferation in funds that were specifically focused on farmland investing. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. The Land Reportmagazine reported in January that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the U.S. A $171 million purchase of 14,500 acres of prime eastern Washington farmland in 2018 gave the power couple an estimated 242,000 acres of farmland, which is nearly the size of Hong Kong. In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. Social media post scrambles the facts on high egg prices," Jan. 13, 2023, Various searches on Google and Nexis, accessed Jan. 24, 2023, The Land Report, "Farmer Bill," Jan. 11, 2021, The Land Report, "Bill Gates is About to Change the Way America Farms," Winter 2020 magazine issue, The Land Report 100, Winter 2021 magazine issue, The Land Report 100, Winter 2022 magazine issue, Email exchange, Eric OKeefe, editor, The Land Report, Jan. 23, 2023, Email exchange, Gates Ventures, Jan. 24, 2023, GatesNotes, "Future of food," March 18, 2013, GatesNotes, "What the plow and lab-grown meat tell us about innovation," Feb. 27, 2019, GatesNotes, "Is there enough meat for everyone?," April 21, 2015, GatesNotes, "Why I would raise chickens," June 7, 2016, U.S. Bureau of Labor Statistics, "Consumer Price Index," Jan. 12, 2023, U.S. Department of Agriculture, "Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022," Jan. 11, 2023, U.S. Department of Agriculture, "2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks," Jan. 18, 2023, U.S. Department of Agriculture, "Avian Influenza," Jan. 18, 2023, U.S. Department of Agriculture, "Farms and Land in Farms, 2021 Summary," February 2022, Reddit, Bill Gates Ask Me Anything, March 19, 2021, Bill & Melinda Gates Foundation, "Agricultural Development," accessed Jan. 24, 2023, Associated Press, "Bill Gates owns a lot of American farmland, but not the majority," May 2, 2022, Vox, "The controversy over Bill Gates becoming the largest private farmland owner in the US," June 11, 2021, NBC News, "McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland," June 8, 2021, Reuters, "Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses," May 5, 2022, CNBC, "Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future," March 23, 2018, CNBC, "Bill Gates bets on growing demand for sustainable foods," May 14, 2015, Bloomberg News, "Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. Contacted by Reuters, a BlackRock spokesperson said: BlackRock is not buying single-family homes and is not competing with individuals to purchase houses in America.. Farmland Riches, LLC and the owners may have investments in companies represented on the AcreTrader platform. 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. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report.
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