Where farmland differs from other alt assets is that because its such a crucial human resource (food = humans), in less-than-desirable economic situations, farmland tends to appreciate even further in value, as opposed to losing value (I.E., during a dreaded stock market crash). a Reddit user asked. About 350,000 acres of the U.S. government land in Hawaii were kept for military installations and national parks. for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant. Follow him on Twitter@LucasNolanor contact via secure email at the addresslucasnolan@protonmail.com, EconomyPoliticsTechBill GatesFarmersfarmlandNorth Dakota. Also, because youre investing in the land itself, your investment not only is quite resistant to depreciation, but also provides some solid tax benefits due to be land ownership. 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. The Bill & Melinda Gates Foundation is focused partly on agricultural development to support farmers in sub-Saharan Africa and South Asia. Tue, Feb 28, 2023 LOGIN . Bill Gates Finally Explains Why He's Buying So Much U.S. Farmland Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states. The total portfolio of farmland is worth well over $700 million. 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. 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. Charlie Kirk EXPOSES Shocking, Highly Worrisome Reason Why Bill Gates 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 . 2021. Bill Gates tells Reddit why he's bought so much farmland - AFN The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. 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 his 11th appearance in an Ask Me Anything (AMA) session on Reddit. Bill Gates Becomes the Largest Farmland Owner in the United - Yahoo! Who is the largest farmer in the United States? Billionaire Bill Gates explains why he buys a lot agricultural land - Photo: BENZINGA. 309. According to a 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the United States. Thus, before we answer these questions, we are going to provide a brief summary of his financial history. 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. Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. F' off Gates! Chicken nuggets and cream cheese grow in trays in a South Side lab. Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. However, the Gates Foundation has been largely transparent at every level of their operations from their objectives, means, successes, and failures. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. BlackRock is a shareholder in both companies (here) (here). Why Is Bill Gates Buying Farmland? You'll be Surprised According to O'Keefe, Gates isn't the only one making moves on the farmland market, especially as farm real estate value s nationwide increased 7% from 2020 to $3,390 per acre. 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. He owns 242,000 acres, which is equivalent to the area of Fannin County GA. Who owns the most farm ground in the US? In addition to farmland, the Gates' portfolio includes numerous public investments, the Gates Foundation, a major stake in the Four Seasons Hotel, and much more. 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. Sign up for notifications from Insider! Age Requirements Most ordinances require, Huckleberries are small bright blue, or dark blue, or black berries which grow wild near marshes in Michigan. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. 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. Bill Gates just bought 2,100 acres of farmland in North Dakota, adding to the 270,000 acres he inexplicably owns throughout the US China also just bought 300 acres there, adding to the 192,000 . 54. 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: Der grte Eigentmer von Farmland in den USA He has been buying thousands of acres across America. 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 Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. The Michigan State University shooter is a 21-year-old man named Lynn Dee Walker. Corn production is concentrated in the Lower Peninsula with Saginaw and Lenawee counties as Michigans largest producers. 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. He recently tried to explain why, and it was a little hard to follow. Hint, It's Not Bill Gates, Bezos-Backed Startup Lets You Become A Landlord With $100, Try the tool that will help you invest smarter, faster, and better, Bill Gates Finally Explains Why He's Buying So Much U.S. Purchasing your own farm outright means that you are not diversified across many farms; just 1. Infected flocks are culled to prevent the flu from spreading. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Gates does own a lot of farmland. Bill Gates Farmland: Why Is the Billionaire Buying So Much? 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. 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. 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. Bill Gates gobbling up Florida farmland; investment arm recently paid Heres why. He said he did so to make the farms "more productive" and "create more jobs," adding that it was his investment team that made the decision. 242,000 Acres: Bill Gates Now The Largest Owner Of Farmland In America. Why doesnt everyone just invest in farmland then? Digital IDs were given to residents in East Palestine, Ohio, to track long term health problems like difficulty breathing before the Feb. 3 train derailment. Then, on Tuesday, the North Dakota attorney general's office sent a letter to the Red River Trust notifying a trustee, Peter Headley, of a Depression-era rule barring companies, LLCs, and trusts from farming and ranching activities in the state. Gates started purchasing farmland circa 2013 through his investment group, Cascade Investments. Louisiana is the top state. 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. Bill Gates Is Buying Up American Farmland. But Why? The tweet had gathered over 215,000 likes at the time of writing. Heineken accused of secretly shipping adrenochrome in kegs after Bill Why Is Bill Gates Buying So Much Farmland? Official: Michigan State gunman had note threatening 2 New Jersey schools. Bill Gates-Tied $13M Farmland Purchase Angers North Dakotans We may earn commission if you buy from a link. 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. 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. Gates and his investment team own more than 240,000 acres, as reported by OKeefe, including 2,167 acres in Michigan. 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. The. Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. Table of Contents show 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. These posts were flagged as part of Instagrams efforts to combat false news and misinformation. Gates appears to be pro-chicken farming. "Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions," the letter said. Because of this crucial factor inherent to farmland, it also tends to provide better, consistent returns during times where inflation rises another scenario where more traditional assets like stocks and real estate suffer in. How Much Land Does Bill Gates Own? | askBAMLand Bill Gates Attempts to Explain Why He Bought More Farmland - Futurism 1995 - 2023 by Snopes Media Group Inc. 2,167 acres. He has also been aproponent of chicken farming. I have invested in these farms to make them more productive and create more jobs. Prior to this in 1999, Bill sold off tons of Microsoft stock to diversify. Egg prices havent come down with inflation. By Dec. 31, 2022, the Agriculture Department reported 43 million egg-laying hens had died because of the disease or depopulation. He was right when he predicted the COVID-19 epidemic in 2015. Nebraska has the third-most Gates-owned farmland in the nation. 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. At the turn of this century, Chinese owners owned about 192,000 acres of farmland in the U.S., according to the USDA. Bill Gates does not own the majority of U.S. farmland. Climate Connection. (here). Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. Why? The Guardian, 5 Apr. 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. Their low fees and competitive returns set them apart from many of the other platforms out there. Bill Gates is buying up the majority of American farmland and BlackRock is buying the majority of single-family houses but I'm supposed to believe the biggest threat to us is Elon Musk buying Twitter? one Twitter user wrote (here). According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. Some are near cities and might end up having other uses.". The transitional land he owns in Arizona is reportedly being built into a suburb .. Is this just a regular investment move, made on a large scale? That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. Bill Gates Doesn't Own That Much Farmland | Aaron Smith Real estate investors overall have also been increasingly targeting single-family homes. Click here to view current offerings on AcreTrader! Hes the largest landowner in the United States. Gates said during a Reddit AMA: My investment group chose to do this. The Gates Foundation has focused their efforts on alleviating the aftermaths of climate change since its founding. Bill Gates gobbling up Florida farmland | News | sharonherald.com 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.