So, what's the interest in farmland? An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. 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). 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. 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. 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. This material may not be reproduced without permission. 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. There were 895.3. Agriculture and the National Bureau of Agricultural Statistics, in the United States there are 362,315,055 hectares of farmland. 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. Stay up to date with what you want to know.
Bill Gates Is America's Largest Private Owner of Farmland - Breitbart Think about how much Bill Gates would have lost if he hadn't diversified in 1999. If Not for Climate, Then Why Is Bill Gates Buying so Much Farmland? AFN, 27 Aug. 2021, https://agfundernews.com/gates-if-not-for-climate-then-why-is-bill-buying-up-so-much-farmland. Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. ", Gates responded at the time, "My investment team bought the farmland. The 2,100 acre potato farm adds to his massive portfolio of farm investments. 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. Gates said during a Reddit AMA: My investment group chose to do this. Other examples can be seen (here), (here). Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. Bill Gates was right when he sold his own Microsoft stock to diversify through Cascade in 1994. F' off Gates! In their Big Bet, they recognize that the impoverished people stand to be impacted the most by these changes. Sign up for notifications from Insider! Land Values: Here's a look at the top 10 absentee landowners in central Illinois, and where they own farmland.
Bill Gates Buys Farmland in Amish Country - YouTube where is bill gates' farmland in michigan - ccecortland.org Lower-than-usual egg inventories near the end of the year, when demand is up from holiday baking, resulted in several successive weeks of record-high egg prices, the department said.
Where Does Bill Gates Own Land In Montana? - PartyShopMaine Corn production is concentrated in the Lower Peninsula with Saginaw and Lenawee counties as Michigans largest producers. 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. What Land Does Bill Gates Own In Michigan? Owning farmland is one of the most prudent financial investments to make now. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. As the Land Report notes, 24,800 acres of the land is transitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the most populous city in Arizona. The figure cited by The Land Report was subsequently reported by major news outlets including Business Insider and Forbes (here), (here). 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. Bill Gates reportedly owns more farmland than anyone else in the United States. 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. Billionaire Bill Gates explains why he buys a lot agricultural land - Photo: BENZINGA. 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. North Dakota Agriculture Commissioner Doug Goehring spoke with KFYR, stating that the public reaction to the purchase has been negative. RELATED: What Bill Gates has to do with livestock, lab-grown meat, RELATED: Eggflation? 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. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. Bill Gates is America's biggest farmer, his 269000 acres farmland grows potatoes and carrots Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. Bill Gates: Americas Top Farmland Owner | The Land Report. 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. 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. Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years.
Bill and Melinda Gates own 70,000 acres of Louisiana farmland; what "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. 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. 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. 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. And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. That purchase of Plum Creek makes Weyerhaeuser the largest private landowner in Michigan, as of now. Bill Gates just bought almost 3,000 more acres of farmland in North Dakota, a purchase that was eventually cleared by the North Dakota Attorney General even though it raised numerous questions about his intentions and why he has been buying up over a hundred thousand acres of American farmland. Gates' interest in farmland is still strong. February 27, 2023, 11:49 AM. 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . Bill Gates investments in farmland can be seen as part of this trend. Check out:How To Invest In Real Estate With $100.
Bill Gates Becomes the Largest Farmland Owner in the United - People Oct 22, 2014. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. "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 can this inform our personal investment decisions? FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. 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.
What Land Does Bill Gates Own In Michigan? - PartyShopMaine Bill Gates is America's biggest farmer, his 269000 acres farmland grows Nov 14, 2022.
Bill Gates Finally Explains Why He's Buying So Much U.S. Farmland Infected flocks are culled to prevent the flu from spreading. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. Benzinga does not provide investment advice. Access your favorite topics in a personalized feed while you're on the go. Nancy Pelosi (purchased) 10,000 shares of Amgen, manufacturer of Nplate, a drug used to treat radiation sickness.. If youve been on the fence about getting into farmland, maybe now is the time to reconsider. 242,000 Acres: Bill Gates Now The Largest Owner Of Farmland In America. The No. These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is. Returns from farmland have actually outpaced the stock market in recent years with significantly less volatility. In a world of wild talk and fake news, help us stand up for the facts. By clicking Sign up, you agree to receive marketing emails from Insider Bill GatesWith almost 269,000 acres, Bill Gates retained his ranking as Americas largest private farmland owner. These allow investors to get stared with as little as $10,000. Any why now after years of massive success? "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?" Official: Michigan State gunman had note threatening 2 New Jersey schools.
Bill Gates is about to change the way America farms Bill Gates uses farmland as an investment outlet buying up - NBC News Michigan - 2,167 acres; Mississippi - 16,963 acres; Nebraska - 20,588 acres; New Mexico - 1 acre; North Carolina - 874 . His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). The timeline of events leading to the shortages, claim multiple Instagram posts, goes like this: "2013: Bill Gates invests (in) plant-based eggs, poultry, and meat", "2021: Bill Gates becomes the largest private farmland owner in the U.S.", "2021-2023: Mass chicken and egg shortages hit American farms", The Gateway Pundit, a conservative website, shared a similar claim. 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. This isn't the first time Gates has called for higher taxes on the wealthy. as well as other partner offers and accept our. Since 2020, Gates has held the title of the nations largest private farmland owner, per The Land Report. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. 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). How much land does Russia own in the United States? Check out current deals on AcreTrader now! 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. KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. Bill Gates Uses Farmland as Investment Vehicle, Owning 269,000 Acres of Land. NBC News, https://www.nbcnews.com/now/video/bill-gates-is-nation-s-largest-farmland-owner-114566213692. 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 $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. as well as other partner offers and accept our. Follow him on Twitter@LucasNolanor contact via secure email at the addresslucasnolan@protonmail.com, EconomyPoliticsTechBill GatesFarmersfarmlandNorth Dakota. 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. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. Read more about our work to fact-check social media posts here . Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . The U.S. Federal Government.
Bill Gates' North Dakota Farmland Purchase Approved by the - AgWeb But the fact remains, as the Daily Mail notes, Gates computer "nerd" and . What does Weyerhaeuser have to do with Michigan? Gates is No. But unlike those men, Gilbert has plans to redevelop his properties and not just sit on them. On social media, we found people claiming, for example, that Gates owns the "majority" of U.S. farmland -- 80%, they claimed -- and that Gates is trying to buy up "all" of the farmland.
Farmland REITs have a high degree of correlation with the overall stock market, and returns tend to be lower than less liquid farmland investments. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.". Why Is Bill Gates Buying So Much Farmland? 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. 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. Why Bill Gates Keeps Buying Up So Much Farmland, 60 Scientists Are Trying to Block the Sun, Your Privacy Choices: Opt Out of Sale/Targeted Ads. Donald Trump is back on Twitter, thanks to Elon Musk. Don't miss real-time alerts on your stocks - join Benzinga Pro for free! 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. The current chicken and egg shortages trace mainly to an avian flu outbreak in the U.S. that began in early 2022 and was exacerbated by holiday demand and supply chain problems, the Agriculture Department reported. stated on February 26, 2023 a video on Facebook: stated on February 15, 2023 a photo on Facebook: stated on January 29, 2023 a video on Facebook: stated on February 5, 2023 an Instagram post: stated on January 27, 2023 a video on Facebook: stated on January 22, 2023 an Instagram post: stated on January 16, 2023 a photo on Facebook: stated on January 12, 2023 a photo on Facebook: stated on November 6, 2022 an Instagram post: stated on October 26, 2022 a post on Instagram: stated on October 12, 2022 an Instagram post: stated on October 9, 2022 a Facebook post: stated on March 3, 2023 in a Conservative Political Action Conference speech: stated on February 19, 2023 in a Facebook post: stated on February 24, 2023 in an Instagram post: stated on March 2, 2023 in a speech at CPAC: stated on February 25, 2023 in a Facebook post: stated on February 22, 2023 in a Facebook post: stated on February 26, 2023 in an Instagram post: stated on February 27, 2023 in a Facebook post: All Rights Reserved Poynter Institute 2020, a 501(c)(3) nonprofit organization. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Bill and Melinda Gates also cracked the Land Report's Top 100 Landowners for the first time coming in at number 49.
Why Farmers Are Worried About Bill Gates (And Other Non-Farming Land Over time, Gates sold personal stock in Microsoft and. 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. In that same Reddit AMA from 2021, the one where Gates separated his land investments from his sustainability initiatives, he also mentioned the importance of productive seeds to avoid deforestation as well as the production of biofuels, which relies heavily on corn, in the very same answer. Well, as with everything in life, there is always a trade-off especially in finance. Why did he decide to buy in Amish Country? 2023 Benzinga.com. The . Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. Roman Catholic Church: 70 million hectares The largest landowner in the world is not a major oil magnate or a real estate investor.
Why Bill Gates' Purchase of Farmland Concerns Conspiracy Theorists PolitiFact | The Bill Gates egg shortage conspiracy isn't all it's You're looking into Bill Gates' Red River Trust purchase of . Mr. Gates owns about 97,934 hectares, accounting for about 0.03% of . False. The transitional land he owns in Arizona is reportedly being built into a suburb. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions. This article Bill Gates Finally Explains Why He's Buying So Much U.S. Read next:Bezos-Backed Startup Lets You Become A Landlord With $100. 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. You can find his previous stuff at Gizmodo and Paste if you look hard enough. Read also:Which Billionaire Owns The Most Land In The U.S.? Gates' 242,000 acres amounts to about 0.03% of the total. How many farms Does Bill Gates Own?
Bill Gates gobbling up Florida farmland; investment arm recently paid In January 2021, Bill Gates became the largest owner of farmland in the United States. In their 2018 annual letter, 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.
Bill Gates' North Dakota Land Purchase Sparks Questions Online - Newsweek It is not connected to climate. 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. It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks.
Bill Gates explains why he buys so much farmland These claims are not true. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions." Back in January, US magazine The Land Report revealed that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the US, comprising an estimated 242,000 acres. 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).
Bill Gates tells Reddit why he's bought so much farmland - AFN But there is no evidence these investments are linked to a nationwide shortage in chicken and egg products. I had heard this in the past, but didn't give it much thought. Pregnancy tests include a hidden Plan B pill. Not only was he no longer reliant on his own companys success for his own personal wealth, but he set himself up to make even bigger moves in the decades to come.
Bill Gates shops for 'hundreds of acres of sustainable farmland' from 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.
Bill Gates owns massive parcels of farmland. It's not part of his plans In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland.
Bill Gates, Sustainable Agriculture Champion, Is America's Biggest The agriculture sector is important," Gates wrote. 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 reveals reasons behind massive farmland purchases He has invested in multiple companies developing artificial or plant-based alternatives to meat, but he supports chicken farming and agricultural development. To better understand these questions, it's helpful to review Bill Gates' financial decision through the years, especially as it relates to Microsoft, Cascade Investments, and The Bill and Melinda Gates Foundation. Those people are upset, but there are others that are just livid about this.. 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. Who owns the most farmland in the world? Cascade Investment began purchasing farmland in significant strides in 2013.
Charlie Kirk EXPOSES Shocking, Highly Worrisome Reason Why Bill Gates 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). Business entities have, however, been increasing their presence as owners of rental properties. In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. This is a sponsored promotion for the AcreTrader platform. Costs are expected to fall in the coming weeks as egg-laying flocks are restored. What Part Of Michigan Is Considered The Upper Peninsula? 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. In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. See MCL 436.1701., Michigan taxpayers are allowed to take a number of exemptions, depending on the number of people in the taxpayers household, their ages, and other factors, If the defendant is held for more than 24 hours without being brought before the court under subsection (2), the officer in charge of the, An ORV or off-road vehicle is a motor-driven, recreational vehicle capable of driving on a range of terrains not limited to roadways and, Michigan leads the nation in tart cherry production. Gates personal farmland portfolio is managed by Michael Larson and Cascade Investment. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states. We may earn commission if you buy from a link. The old saying about land is they aren't making any more of it. Supply and demand? Mar 4, 2009. Not all of these owners are American; in fact, the portion of farmland that is foreign-owned has grown about 60 percent in the last decade, from 22 million acres in 2009 to 35.2 million . 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. His idea, like many others, was to diversify his investments across different asset classes. Amazing, if truebut its extremely not. Partnering with Monsanto to create these super seeds is also part of the plan. 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. Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. Real estate investors overall have also been increasingly targeting single-family homes. Michigan Muslim Group Warns State That LGBTQ Bill Might Be Unconstitutional CAIR has objected to the Michigan Senate's passage of an expanded version of a state human-rights law protecting LGBTQ . 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. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . Bill Gates, the billionaire founder of Microsoft, has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18-states.