a Reddit user asked. This is a sponsored promotion for the AcreTrader platform. LIVE OAK, Fla. -- The investment company that manages the wealth of the world's richest man, Bill Gates, has been acquiring gobs of farmland in north Florida the past two years . to not use their land, is working towards their real agenda. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and . 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. Who owns the most property in Detroit Michigan? Bill Gates Is America's Largest Private Owner of Farmland - Breitbart Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. The total portfolio of farmland is worth well over $700 million. The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. as well as other partner offers and accept our. Hearst Magazine Media, Inc. All Rights Reserved. FPI is internally managed and the company owns farms in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi,. In their Big Bet, they recognize that the impoverished people stand to be impacted the most by these changes. Bill Gates is America's biggest farmer, his 269000 acres farmland grows By divesting his personal wealth from his own thriving tech company, and diversifying into myriads of other non-tech based businesses, he was not only exceptionally protected against the tech crash of 2000, but made out like a bandit. Follow him on Twitter@LucasNolanor contact via secure email at the addresslucasnolan@protonmail.com, EconomyPoliticsTechBill GatesFarmersfarmlandNorth Dakota. The explanation offered by conspiracy theorists for this untrue claim was that these fires were being intentionally set in order to create a food crisis. Gear-obsessed editors choose every product we review. 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. The Agriculture Department estimates there are more than 895 million acres of farmland in the U.S., making Gates share 0.028%. Heineken accused of secretly shipping adrenochrome in kegs after Bill How many farms Does Bill Gates Own? The land was purchased from the owners of Campbell Farms, a potato farming group headquartered in Grafton, North Dakota, approximately 50 miles from the Canadian border. 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. The transitional land he owns in Arizona is reportedly being built into a suburb .. Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. #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 . While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. The 2,100 acre potato farm adds to his massive portfolio of farm investments. Microsoft founder Bill Gates and his wife Melinda have amassed the largest portfolio of private farmland in the US, according to The Land Report. Gates personal farmland portfolio is managed by Michael Larson and Cascade Investment. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. 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. These subsistence farmers can order equipment and seeds they need, paying what they can over a longer period of time. Bill Gates gobbling up Florida farmland; investment arm recently paid $28M for 4,500-acre tract. Top editors give you the stories you want delivered right to your inbox each weekday. But that's just a portion of the vast holdings Gates and his ex-wife, Melinda French Gates, own from sea to shining sea. Bill Gates Asked Why He's Buying So Much US Farmland: Here's His - MSN 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. Who is the largest farmer in the United States? Infected flocks are culled to prevent the flu from spreading. Some are near cities and might end up having other uses.". Michigan - 2,167 acres; Mississippi - 16,963 acres; Nebraska - 20,588 acres; New Mexico - 1 acre; North Carolina - 874 . 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. The Gates Foundation has focused their efforts on alleviating the aftermaths of climate change since its founding. Farm Gates - Ohio Ag Net | Ohio's Country Journal In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Now Chinese companies and businessmen are planning to make their home in the United States. Since its IPO in 1985, Microsoft has seen continual success. Avian flu is highly infectious, can spread rapidly from flock to flock, and can often kill chickens. The tweet had gathered over 215,000 likes at the time of writing. 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. Using those figures, Gates would own about 0.027% of U.S. farmland. The mogul's holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. Oversight. Gates' farmland purchases, which have mostly been made in the last five years, started in 2017 when he bought $520 million of farmland spread over five dozen properties from the Canada. Deals are highly vetted with around a 1% acceptance rate, You pick and choose what specific farms you want to invest in, Investors do not have access to a secondary market yet, so you should be familiar with the time horizon. The North Dakota purchase would put those total holdings at more than 270,000 acres, though it's not clear how the property is being divided following Gates and French Gates' divorce last year. If youve been on the fence about getting into farmland, maybe now is the time to reconsider. According to 2021 article from the Land Report, a magazine about land. In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. An entity linked to billionaire Bill Gates has reportedly purchased 2,100 acres of potato farmland in northern North Dakota angering local residents. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. Accessed 28 Apr. In fact, Gates is the owner of over 270,000 acres of farmland, which is worth over $700 million! 54. These posts were flagged as part of Instagrams efforts to combat false news and misinformation. Pregnancy tests include a hidden Plan B pill. (here). It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. Gates and his investment team own more than 240,000 acres, as reported by OKeefe, including 2,167 acres in Michigan. Youre not investing in a building that will decay over time, but the rich farmland itself. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? In the past 20 years, the foundation has grown to hold over $48 billion. Oversight," June 15, 2018, The Chicago Tribune, "Chicken nuggets and cream cheese grow in trays in a South Side lab. Over time, Gates sold personal stock in Microsoft and. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . 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. Please let us know if you're having issues with commenting. Hes also written about the need for more ways to produce meat without depleting environmental resources. How long is it from Michigan to Detroit? Interestingly enough, though the Bill and Melinda Gates Foundation is working on this agriculture initiative. 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. The mainland Chinese company Sino-Michigan Properties LLC has paid $1.9 million for 200 acres of undeveloped land in Milan, Michigan. False. Any why now after years of massive success? Gates does own a lot of farmland. Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became the largest private foundation in history. Why Is Bill Gates Buying Farm Land? Bill Gates' farmland purchase raises red flags State law prohibits corporations, LLCs, and trusts from farming or ranching activities. He was right when he predicted the COVID-19 epidemic in 2015. Gates responded: "I own less than 1/4000 of the farmland in the US. Bill Gates-Linked Trust Probed For Buying Up Farmland In North Dakota 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. 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. What Happened: Gates answered dozens of questions over the course of a few hours during the AMA, including: Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire?, He responded, I own less than 1/4000 of the farmland in the US. Is Gladstone Land Corp (LAND) A Good Investment? Bill Gates Attempts to Explain Why He Bought More Farmland - Futurism Bill Gates' North Dakota Farmland Purchase Approved by the - AgWeb According to OKeefe, Gates isnt the only one making moves on the farmland market, especially as farm real estate values nationwide increased 7% from 2020 to $3,390 per acre. Michigan. 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. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. I have invested in these farms to make them more productive and create more jobs. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Where does Bill Gates own farmland in Illinois? - 2023 Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. American Homes 4 Rent holds around 57,024 single-family properties (here). Farmland originally appeared on Benzinga.com. Prior to this in 1999, Bill sold off tons of Microsoft stock to diversify. 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. Satellites are on balloons and not in space.. The U.S. Federal Government. Oct 22, 2014. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. 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. There were 895.3. The counties with the most total acres of foreign-owned ag land are Keweenaw, Baraga and Alger. The total portfolio of farmland is worth well over $700 million. Who owns the most land in the world 2021? And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. It reported that as of 2022, Gates owned about 248,000 acres of farmland. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. 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. 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. According to Mother Jones, the average price of farmland increased six times from 1940 to 2015, and the trend is likely to continue as the amount of arable land in the U.S. continues to shrink from climate-related pressures. How Old Do I Have To Be To Go To A Strip Club In Michigan? Bill Gates shops for 'hundreds of acres of sustainable farmland' from In Washington, the duo owns more than 14,000 acres of farmland that includes potato . The REAL reason Bill Gates is buying US land. Here's why the ultra-wealthy like Bill Gates and Thomas Peterffy are Mar 4, 2009. Bill and Melinda Gates own 70,000 acres of Louisiana farmland; what There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. So while Dan Gilbert owns the most property downtown, his 30-odd buildings seem small compared to what Kelly, Tatarian, Moroun, and others own. Why Bill Gates Is Investing Big Time In Farmland Across Washington And The Country - Northwest Public Broadcasting About Contact Us Coverage Area Our Staff Work With Us Report an Outage Station News Latest Station News Connect Archives Our Stories Download NWPB App TV Schedules Channel Guide Online Schedules Download Schedules Local Programs It is not connected to climate. The tech billionaire owns 69,071 acres in Louisiana, 47,927 acres in Arkansas, and 20,588 acres in Nebraska. 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. No, its the Roman Catholic Church. F' off Gates! Gates started purchasing farmland circa 2013 through his investment group, Cascade Investments. The other major crops oats and forages are mostly fed to livestock on farms in the area. Just over 70% of these were owned by individual investors. stated on February 13, 2023 in a Facebook post, Gates investments in plant-based meat and farmland. Why did he decide to buy in Amish Country? There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. Bill Gates tells Reddit why he's bought so much farmland - AFN Sign up for notifications from Insider! 2022. Hint, It's Not Bill Gates. Cascade Investment began purchasing farmland in significant strides in 2013. Bill Gates Becomes the Largest Farmland Owner in the United - People Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. Why Farmers Are Worried About Bill Gates (And Other Non-Farming Land Microsoft co-founder Bill Gates is America's top private farmland owner. Farmland is what is known as an alternative asset an investment that can grow wealth outside of the stock market. Which Billionaire Owns The Most Land In The U.S.? Read also:Which Billionaire Owns The Most Land In The U.S.? The Detroit Land Bank Authority (DLBA) is a public authority that owns and manages approximately 100,000 parcels of property in the City of Detroit making it the citys largest landowner.Detroit Land Bank Authority. We invest in the farms to raise productivity. 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.. Bill Gates is America's biggest farmer with 269000 acres farmland which 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. This informational is by no means a promotion, solicitation, or recommendation of any specific investment. 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. Recently, NBC News reported that Bill Gates along with his estranged wife Melinda Gates had acquired more than 269,000 acres of farm in the United States in the past 10 years. 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. Another meme circulating online reads: Bill Gates is buying all the farmland. 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). 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. How old do you have to be to strip? ", Gates responded at the time, "My investment team bought the farmland. The transitional land he owns in Arizona is reportedly being built into a suburb. Bill Gates Defends Farmland Purchases: 'There Isn't Some Grand Scheme' While Microsoft took a major hit in the tech crash of 2000, Bill Gates portfolio with Cascade would gain around 40% return in that same year. Donald Trump is back on Twitter, thanks to Elon Musk. While private companies and corporations are increasing . You can find his previous stuff at Gizmodo and Paste if you look hard enough. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Bill Gates Finally Explains Why He's Buying So Much U.S. Farmland Why? NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money, his close friend and Berkshire Hathaway CEO, Warren Buffett, he'll sell what he owns as money goes towards the foundation. 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). Estes, Nick. Over the last decade, Bill Gates has invested in multiple companies, including Beyond Meat and Impossible Foods, that develop plant-based meat alternatives. In fact, he reportedly owns more farmland than any other individual in America. AcreTrader is one of the most well-established farmland crowdfunding platforms out there. Former Microsoft CEO Bill Gates owns a majority of America's farmland. In April 2022, researchers warned about the potential risk of a global food shortage, spurred on in part by Russia's ongoing attacks on Ukraine. As we learned above, in most farmland investment situations, the farmland owner leases their land to tenant farmers, who usually live on and work the land. Gates is No. He has been buying thousands of acres across America. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that farmland returns historically out performs most other investment vehicles, and is also comparatively the least volatile asset among the bunch. BlackRock is a shareholder in both companies (here) (here). It reported that as of 2022, Gates owned about 248,000 acres of farmland. The Guardian, https://www.theguardian.com/commentisfree/2021/apr/05/bill-gates-climate-crisis-farmland. The old saying about land is they aren't making any more of it. Supply and demand? 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. In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. But there is no evidence these investments are linked to a nationwide shortage in chicken and egg products. Tue, Feb 28, 2023 LOGIN . The Bureau of Labor Statistics latest update shows egg prices rose 60% over the last year. 801 3rd St. S Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. Bill Gates Top Farmland Owner in US | Newsmax.com While there are currently no nationwide food shortages in the United States, nor widespread disruptions in the supply chain, the potential of such shortages caused many people to feel that their food security was suddenly uncertain. Charlie Kirk EXPOSES Shocking, Highly Worrisome Reason Why Bill Gates At the turn of this century, Chinese owners owned about 192,000 acres of farmland in the U.S., according to the USDA. Today, Bill Gates owns 242,000 acres of farmland in 19 states. 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%.