Or, have more control over the resources we all use and need. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. 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. AcreTrader has carved out a niche for themselves that has led to rapid market dominance. Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Gates and his wife own 269,000 acres of farmland. Who owns the most land in the world 2021? Donald Trump is back on Twitter, thanks to Elon Musk. to not use their land, is working towards their real agenda. Some of the links on this site are affiliate links. Mar 4, 2009. Although nowhere near 80 percent of U.S. farmland, its still a little more than one-third of the state of Rhode Island, a surprising amount for one person and enough to make Gates the largest landowner in the U.S. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. 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). Bill Gates's Plan to Destroy Animal Agriculture | National Review 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). 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. Gates started purchasing farmland circa 2013 through his investment group, Cascade Investments. as well as other partner offers and accept our. 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. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). "I've gotten a big earful on this from clear across the state, it's not even from that neighborhood," Doug Goehring, the state's agricultural commissioner, told a local NBC affiliate this week. .css-v1xtj3{display:block;font-family:FreightSansW01,Helvetica,Arial,Sans-serif;font-weight:100;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-v1xtj3:hover{color:link-hover;}}@media(max-width: 48rem){.css-v1xtj3{font-size:1.1387rem;line-height:1.2;margin-bottom:1rem;margin-top:0.625rem;}}@media(min-width: 40.625rem){.css-v1xtj3{line-height:1.2;}}@media(min-width: 48rem){.css-v1xtj3{font-size:1.18581rem;line-height:1.2;margin-bottom:0.5rem;margin-top:0rem;}}@media(min-width: 64rem){.css-v1xtj3{font-size:1.23488rem;line-height:1.2;margin-top:0.9375rem;}}60 Scientists Are Trying to Block the Sun, Particle Accelerator Reveals Beginning of Time, Earth's Inner Core Has Another Inner Core, 8 Questions About Turkey With an Earthquake Expert, Conspiracy: Blaming Weather Weapons for Earthquake, Scientists Just Discovered a Literal Hell, How the NFL Grew the Field for Super Bowl LVII, The Doomsday Clock Is at 90 Seconds to Midnight, Uh, Earth's Inner Core Just Stopped Spinning, Supercomputer: 27% of Earth's Life Dead by 2100, 20 Weird Facts About Our Lovable Planet Earth. Microsoft founder Bill Gates and his wife Melinda have amassed the largest portfolio of private farmland in the US, according to The Land Report. 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. Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions, such as the business purpose exception, so that we may close this case and file it in our inactive files, the letter added. A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . In the wake of this uncertainty, unfounded rumors began to spread that attempted to lay the blame for any coming food shortages on nefarious forces. 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.. Does Bill Gates Own the Majority of US Farmland? - Snopes 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. Bill Gates now the biggest owner of farmland in the US Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. By clicking Sign up, you agree to receive marketing emails 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 explanation offered by conspiracy theorists for this untrue claim was that these fires were being intentionally set in order to create a food crisis. Investors from the Netherlands own 33% of that land with Canadians owning 25%. KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. The Michigan State University shooter is a 21-year-old man named Lynn Dee Walker. Owning farmland is one of the most prudent financial investments to make now. Why? The Guardian, 5 Apr. In a world of wild talk and fake news, help us stand up for the facts. 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. Agriculture and the National Bureau of Agricultural Statistics, in the United States there are 362,315,055 hectares of farmland. In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. Gates is just using farmland to make Agri-Tech and financial investments. Those people are upset, but there are others that are just livid about this.. Benzinga does not provide investment advice. Many people wonder why Bill Gates would make these moves with his investment portfolio. Who is the largest landowner in the world? Think about how much Bill Gates would have lost if he hadn't diversified in 1999. Why Is Bill Gates Buying Farmland? You'll be Surprised Recently, an article in Land Report stated that Bill Gates owns more American farmland than anyone else. Bill Gates is about to change the way America farms How much land does Russia own in the United States? Read next:Bezos-Backed Startup Lets You Become A Landlord With $100. 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. (here). The cost of chicken has also gone up, although not as drastically. Oct 22, 2014. Report: Bill Gates is largest owner of private farmland in U.S., with where is bill gates' farmland in michigan - ccecortland.org 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. According to 2021 article from the Land Report, a magazine about land. Charlie Kirk EXPOSES Shocking, Highly Worrisome Reason Why Bill Gates 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. . The Guardian, https://www.theguardian.com/commentisfree/2021/apr/05/bill-gates-climate-crisis-farmland. The Future of Farming According to Bill Gates - NutriTruth Farmland as an investment offers low volatility. 801 3rd St. S stated on February 13, 2023 in a Facebook post, Gates investments in plant-based meat and farmland. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Since it works as an investment for him, it also includes the benefits of using land as an . Click here to view current offerings on AcreTrader! The total portfolio of farmland is worth well over $700 million. Water bills are soaring in some areas as infrastructure deteriorates, a recent University of Michigan study found. How Old Do I Have To Be To Go To A Strip Club In Michigan? Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. Talk about big bets. Bill Gates investments in farmland can be seen as part of this trend. 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). His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. 2,167 acres. Northern Kansas land sale averages $3,500 per acre. #1. Bill Gates-Tied $13M Farmland Purchase Angers North Dakotans Toxic chemicals known as PFAS, or per- and, 2 hours, 2 minutes. So, what's the interest in farmland? What Land Does Bill Gates Own In Michigan? - PartyShopMaine As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. 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. Bill Gates gobbling up Florida farmland | News | sharonherald.com Essentially, by year 2030, the estimated results of what carbon emissions (and their, Eradicate major diseases such as polio, malaria, and HIV, Reduce child death by half across the developing countries in Africa, Educate and empower small-holder farmers through mobile banking, Featured in the agricultural side of their plan is a strategy for. 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. In their Big Bet, they recognize that the impoverished people stand to be impacted the most by these changes. I have invested in these farms to make them more productive and create more jobs. Why Farmers Are Worried About Bill Gates (And Other Non-Farming Land Bill Gates owns a lot of American farmland, but not the majority How Much U.S. Farmland Does China Really Own? More Than Bill GatesAnd 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. Farmland Riches, LLC and the owners may have investments in companies represented on the AcreTrader platform. 2023 Benzinga.com. Accessed 28 Apr. Costs are expected to fall in the coming weeks as egg-laying flocks are restored. Where Does Bill Gates Own Farmland in the US. In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. Bill Gates owns a lot of farmland. | Iowa Hawkeyes fan forums - Go Iowa No, its the Roman Catholic Church. Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. He was right when he predicted the COVID-19 epidemic in 2015. ", Gates responded at the time, "My investment team bought the farmland. Gates' interest in farmland is still strong. The Gates Foundation isnt the entity utilizing the land, but rather just Bills family office. AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. All rights reserved. Sign up for notifications from Insider! 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. Breitbart News reporter Alana Mastrangelo wrote: Gates is now Americas largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according tothe Land Report. 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. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. North Dakotans are outraged as Bill Gates, the largest private farmland owner in the US, apparently buys a $13.5 million potato farm Dominick Reuter Jun 24, 2022, 8:13 AM Leon Neal/Getty. Bill Gates' farmland purchase raises red flags 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: Americas Top Farmland Owner | The Land Report. 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. Hes also written about the need for more ways to produce meat without depleting environmental resources. Neither of these are a perfect option. 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. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. The state is investigating the purchase of potato farmland by the Gates-linked trust, with the states Attorney General writing in a letter that it wasprohibited from owning or leasing farmland or ranchland in the state of North Dakota.. 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. About 350,000 acres of the U.S. government land in Hawaii were kept for military installations and national parks. 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. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Accessed 28 Apr. Does Michigan Allow Personal Tax Exemptions? Another meme circulating online reads: Bill Gates is buying all the farmland. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and vaccination enthusiast "has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18 states.". Stay up to date with what you want to know. Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. 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). The. 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. It reported that as of 2022, Gates owned about 248,000 acres of farmland. Gates does own a lot of farmland. Download free guide with advice for beginners. 1800 I Street NW Reuters traced the figure cited by social media posts as the number of acres owned by Bill Gates to The Land Report, which reports on major land ownership in the United States. According to Redfin, single-family housing represented over 70% of the properties purchased by investors in the third quarter of 2021 (here). In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. Washington, DC Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. 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. Agfundernews.com, a website about agricultural investments, reported in 2021 that Gates' investments were part of a broader trend that started after the financial crisis of 2008, as investors looked for reliable returns. Perhaps Bill Gates is looking to test out his GMO seeds. Gates said during a Reddit AMA: My investment group chose to do this. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Why Is Bill Gates Buying Farm Land? Bill Gates (AP Images) Bill Gates is buying up America's farmland. An entity linked to billionaire Bill Gates has reportedly purchased 2,100 acres of potato farmland in northern North Dakota angering local residents. Who owns the most property in Detroit Michigan? Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Farmland REITs have a high degree of correlation with the overall stock market, and returns tend to be lower than less liquid farmland investments. Stay up to date with what you want to know. Since 2020, Gates has held the title of the nations largest private farmland owner, per The Land Report. Bill Gates owns almost as much U.S. agricultural land as China at 248,000 acres, . 41 on The Land Report's 2022 list of Americans who own the most land.
