Michigan - 2,167 acres; Mississippi - 16,963 acres; Nebraska - 20,588 acres; New Mexico - 1 acre; North Carolina - 874 . Where Does Bill Gates Own Farmland in the US. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. The transitional land he owns in Arizona is reportedly being built into a suburb .. 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. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. Neither of these are a perfect option. All rights reserved. While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. They ripen in late July and early. While many have also speculated that Gates' land purchases were in some way related to his efforts to curb climate change, Gates has said that the two are unrelated. Talk about big bets. Oct 22, 2014. Donald Trump is back on Twitter, thanks to Elon Musk. Representatives for Gates did not immediately respond to messages from Insider requesting comment. These allow investors to get stared with as little as $10,000. In reality, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal. Farmland REITs have a high degree of correlation with the overall stock market, and returns tend to be lower than less liquid farmland investments. There were 895.3. Although Gates owns these farms, he isnt changing their practices. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. Officially, the general public doesnt know exactly what Bill Gates growing farmland estate is being used for. 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. And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. I have invested in these farms to make them more productive and create more jobs. While private companies and corporations are increasing . Bill Gates owns a lot of American farmland, but not the majority 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. 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). In a world of wild talk and fake news, help us stand up for the facts. to not use their land, is working towards their real agenda. No one but Bill Gates knows that answer. Those people are upset, but there are others that are just livid about this.. Bill Gates now the biggest owner of farmland in the US During his 11th appearance in the "Ask Me Anything" . The agriculture sector is important," Gates wrote. When it comes to alternative assets, there are a few options investors can look at such as real estate, fine art, foreign stocks, cryptocurrencies, even NFTs (verdict still out on them). Hearst Magazine Media, Inc. All Rights Reserved. Investors from the Netherlands own 33% of that land with Canadians owning 25%. In fact, Gates is the owner of over 270,000 acres of farmland, which is worth over $700 million! Well, as with everything in life, there is always a trade-off especially in finance. Why Farmers Are Worried About Bill Gates (And Other Non-Farming Land (here). AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. Nov 14, 2022. In January 2021, Bill Gates became the largest owner of farmland in the United States. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. Bill Gates Finds Farmland To Be One Hot Commodity Social media posts blame Gates investments in plant-based meat alternatives and his status as the nations largest private farmland owner for triggering the countrys current chicken and egg shortages. What Land Does Bill Gates Own In Michigan? - PartyShopMaine This is because of more intense seasons of drought and rain. Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. 2023 Benzinga.com. Bill Gates and conspiracy theories go together like peanut butter and jelly. Who are the biggest absentee landowners in Illinois? This article Bill Gates Finally Explains Why He's Buying So Much U.S. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). Perhaps Bill Gates is looking to test out his GMO seeds. Prior to this in 1999, Bill sold off tons of Microsoft stock to diversify. He has also been aproponent of chicken farming. He also reportedly owns about 16,000. Oversight. Microsoft co-founder Bill Gates is America's top private farmland owner. The Bureau of Labor Statistics latest update shows egg prices rose 60% over the last year. With her 6.6 billion acres, Elizabeth II is far and away the worlds largest landowner, with the closest runner-up (King Abdullah) holding control over a mere 547 million, or about 12% of the lands owned by Her Majesty, The Queen. You're looking into Bill Gates' Red River Trust purchase of . Estes, Nick. 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. "Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions," the letter said. How Much Land Does Bill Gates Own? | askBAMLand Why am I just learning about this NOW?. 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. 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. 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. Bill Gates Buys Farmland in Amish Country - YouTube For context, Invitation Homes and American Homes 4 Rents combined homes would be less than 1% of the 17.16 million homes, if total housing numbers stayed the same in the last three years. No, its the Roman Catholic Church. Momentum accelerated during the 2008-2009 Great Financial Crisis, when investors grew desperate for alternatives to traditional safe haven investments like bonds and gold. Bill Gates is about to change the way America farms 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. The figure cited by The Land Report was subsequently reported by major news outlets including Business Insider and Forbes (here), (here). 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. Distance from Michigan to Detroit The shortest route between Michigan and Detroit is, Michigan law is absolutely clear that an adult over the age of 21 shall not sell or furnish alcohol to a minor. Bill Gates buys farmland in Amish Country. as well as other partner offers and accept our. Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. 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. Bill Gates' farmland purchase raises red flags Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. Since his divorce, it is unclear how the assets were split up between the couple. A spokesperson for Gates also told Reuters the claim that Gates owns the majority of U.S. farmland was false, pointing to the USDA figures. Infected flocks are culled to prevent the flu from spreading. Gates does not own anywhere close to the majority of America's farmland. Bill Gates-Linked Trust Probed For Buying Up Farmland In North Dakota Does Michigan Allow Personal Tax Exemptions? 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.
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