Bill Gates owns a lot of American farmland, but not the majority By PHILIP MARCELO May 2, 2022 CLAIM: Microsoft co-founder Bill Gates owns the majority of America's farmland and the investment firm BlackRock holds the majority of single family houses in the country. Bill Gates does not own the majority of U.S. farmland. Now Bill Gates appears to have acquired a slice of their tiny city, and locals near.
Bill Gates Is America's Largest Private Owner of Farmland - Breitbart Not only is it usable by you, but land can be used for so many different things. Bill Gates was also an early investor in fake-meat companies aiming to combat the environmental harms of raising livestock by creating more convincing, plant-based alternatives. And in Florida, farmers grow carrots on their property.
Every Property Bill and Melinda Gates Owned Together | RISMedia\'s In May, Microsoft co-founder Bill Gates and his wife Melinda Gates revealed in a Twitter statement their decision to end their marriage after 27 years. Members of the Stanley family now work for Generations. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. Farmland offers a strategy that is completely separated from his other wealth and investments. He never did anything that different from before he got here and what other farmers were doing nearby.".
Bill Gates found to be the largest farmland owner in the U.S - KARK Here is the . This site also participates in other affiliate programs including but not limited to ShareASale, CJ, and ClickBank, and is compensated for referring traffic and business to these companies. That was a virus I got from Ted Turner.. You can also look at local resources in your area to see where land is being bought or sold.
America's Biggest Owner Of Farmland Is Now Bill Gates - Forbes The biggest shift in recent years from small to big farms was in the US. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. Dailymail.com Reporter, Meet John Malone of Liberty Global the Darth Vader of Wall Street and the man who wants a slice of Formula One, Bill Gates is accused of hypocrisy after joining bidding war to buy the world's largest private jet operator - one month before he releases his book preaching about climate change, Isabel Oakeshott receives 'menacing' message from Matt Hancock, Insane moment river of rocks falls onto Malibu Canyon in CA, Mom who lost both sons to fentanyl blasts laughing Biden, Pavement where disabled woman gestured at cyclist before fatal crash, Pro-Ukrainian drone lands on Russian spy planes exposing location, 'Buster is next!' He now owns more farmland than my entire Native American nation. The farmland was purchased through a constellation of companies that all link back to the couples investment group, Cascade Investments, based in Kirkland, Washington. Gates owns almost 9,000 acres in Ohio, just over 9,000 acres in Indiana, nearly 18,000 in Illinois, but only 552 acres in Iowa. This is part of APs effort to address widely shared misinformation, including work with outside companies and organizations to add factual context to misleading content that is circulating online. That means Gates, whose net worth is estimated at some $134 billion according to Forbes annual ranking of the richest people in the country, owns less than one percent of the nations total farmland. It may even be easier to sell smaller lots than it would be to market the entire portion of land that you invest in. On Friday, a showdown between two of the largest agricultural landowners in the United Statesthe Church of Latter-Day Saints and Bill Gates ' wealth management firmcame . The January 11 issue of The Land Report is worth reading. Farmland can be an investment in several ways. One of the largest plots of land owned by a subsidiary of the Gateses investment arm in Louisiana, Angelina Plantation, was previously owned by former WorldCom CEO Bernard Ebbers, who died last year, a month after being released from prison. Bill Gates is now the largest private landowner in the country. In an interview with CNBC, Malone said that his biggest motivation for purchasing land was preservation and he said he hopes to buy more. Some raw land may even be as affordable as a few thousand dollars, which can be an affordable and cost-effective investment strategy (or just a place to use for personal reasons). The farmland real estate investment trust (REIT) Farmland Partners, which owns 156,500 acres in 16 US states, has seen its traded value more than double since November and is trading near an. We are no longer accepting comments on this article. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . The agency further found that over 50 percent of cropland is rented to farmers who dont own their land. The land is owned both directly and indirectly by Cascade Investment, the Seattle-area firm that Gates the worlds third-richest man with a net worth of $132 billion, according to Bloomberg set up to manage his massive fortune, according to The Land Report. Brittany has been in the land business since 2020 when the world was starting to shut down. Weve answered hundreds of questions from people regarding the buying and use of land. Learn more about fact-checking at AP.
However, his largest land holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres), Nebraska (20,588 acres . As more and more land becomes developed, less and less raw land is available, which potentially increases the value as demand remains the same or even increases. Someone else is building that equity on their back, said Johnathan Hladik, the policy director at the Center for Rural Affairs, who is also a farmer in Nebraska. Bill Gates uses farmland as investment vehicle, owning 269,000 acres of land. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. Bill Gates is the largest private owner of American farmland, which is why so many people are wondering what he will use it for. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. This means that you can find good deals that may be just the thing you are looking for.
Bill and Melinda Gates' divorce puts massive farmland holdings in focus As more and more land becomes developed, less and less raw land is available, which potentially increases the value as demand remains the same or even increases. If they purchased the rest of their farmland for similar prices, that would put the value of their 242,000 acres at almost $3 billion. Bruere said some states such as Iowa enforce foreign ownership restrictions to prohibit foreign ownership or limit . These purchases are also a direct result of their daughters equestrian career hopes because of Wellingtons close proximity to the Palm Beach International Equestrian Center. He also owns three hotels in Dublin, Ireland, and a fourth in Limerick. But he didn't, Quarterman said. The firm is a shareholder in Dallas-based Invitation Homes, which owns nearly 80,000 single-family rentals nationwide. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. In 2014, Cascade Investments combined both of those companies and the land into Generations Farms, which continued to grow vegetables.
Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found.His 242,000 acres of farmland stretch across 18 states Bill Gates owns farmland in 18 states . Behind Gates in terms of investment in farmland are the cofounders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres.
Bill Gates now the biggest owner of farmland in the US Where Does Bill Gates Own Farmland in the US.
Bill Gates wins legal approval to buy huge swath of North Dakota Well, youd think, if you're looking for somebody with enough capital to try that, he would go first. (Stephen Osman / Los Angeles Times via AP file), The buildings of the 100 Circles Farm are at the center of this satellite image. All that farming has led to large water withdrawals from Florida's aquifer system and requires fertilizer, which leaches through the ground into waterways, emptying nitrogen that has led to destructive algae blooms and severe loss of fish and marsh habitats.
Fact Check-Bill Gates doesn't own most U.S. farmland - Reuters But Gates, known for his philanthropic work solving some of the worlds most pressing public health and climate problems, has suggested that he does not treat his American farmland investments as part of his broader plans to save the planet. NBC News also found that another 6,500 acres in north Florida are owned by yet another company, Suwannee River Terra, which was also started with an address in Kirkland and an email address from the Bill and Melinda Gates Investment Firm, which is now registered to the current chief counsel of Oak River Farms with a mailing address in Kansas, according to property records. Like other investment opportunities, you can find land for sale online. Reed family: Land area: 1.7 million acres. Bill Gates may no longer be the world's richest man, but he can claim a new title: America's farmland king. Many people wonder why Bill Gates would make these moves with his investment portfolio. Land can produce food, fuel, and manufacturing materials as well as provide environmental services, residential spaces, and more. While the Gates own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'askbamland_com-medrectangle-4','ezslot_3',103,'0','0'])};__ez_fad_position('div-gpt-ad-askbamland_com-medrectangle-4-0'); This article will go into detail about how much land Bill Gates owns and why he owns so much. BILL Gates' $80billion property empire now hangs in the balance after he and his wife of 27 years announced they are divorcing. A 6,300-acre farm owned by Bill Gates in Madison County could become the site of one of the nation's largest solar farms. Marjorie Taylor Greene SHAMES Former . Except, it seems, when it comes to a private individual selling some land to iconic billionaire Bill Gates. Land holds ample opportunities for growth and development, yet you may find that there is more land than there is competition. , updated The Case for Bill Gates: Microsoft Corp co-founder is largely considered the biggest private owner of farmland in the U.S. with nearly 270,000 acres. 5. We know that one of the best ways to sequester carbon is through the soil. Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. The attraction that people have to investing in farmland is that it tends to be countercyclical to the stock market. Theres a more cynical calculation. It also allows you to keep a portion of the land for personal use so you do not have to give up your weekend home or relaxation property.
An Update on Bill Gates' New Smart City in Arizona | GlobeSt He said that this is where large tracts of rich farmland is used to raise livestock and grow many of the vegetables that end up in grocery aisles up and down the East Coast. Bill Gates, one of the most powerful billionaires in the world and co-founder of tech giant Microsoft, and wife Melinda are ending their 27-year marriage, the two tweeted in unison on Monday. His first major purchase was Bell Ranch in New Mexico, a 290,100-acre plain saturated with mesas, rimrock canyons, pastures and a bell-shaped mountain. But Zehren of Cascade noted that the firm has been working in Florida and elsewhere to promote ecologically conscious agriculture and that it plans to continue to evaluate its farmland portfolio to improve its overall sustainability. Another 5,500 acres was sold to Generation Land Georgia, a company that shares an address with Miami-based Optimum Agriculture, which bought Generations Farms in 2019. Since then, weve sold to dozens of people from ATV weekend warriors to camping enthusiasts to retired truck drivers.
Plan for solar farm targets Gates' land - PressReader In 2018 Gates reportedly bought about 16,000 acres in his home state of Washington, including a 14,500-acre tract in the Horse Heaven Hills region that was purchased for nearly $171 million from an insurance company that had paid $75million for it in 2010. 4 Bill Gates now owns almost 242,000 acres of the continguous USA. Like wealth, land ownership is becoming concentrated into fewer and fewer hands, resulting in a greater push for monocultures and more intensive industrial farming techniques to generate greater returns. You may also be interested in why a billionaire wants land.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'askbamland_com-medrectangle-3','ezslot_2',102,'0','0'])};__ez_fad_position('div-gpt-ad-askbamland_com-medrectangle-3-0'); Bill Gates is one of the largest farmland owners in the United States. The land we all live on should not be the sole property of a few. In total, Malone owns roughly 2.2million acres of land and has a net worth of around $9.22billion, earning him the nickname the Cable Cowboy.. By
North Dakotans Freak Over Bill Gates Land-Buying Mystery - Yahoo! There is only a certain amount of land available on earth.
Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Since it works as an investment for him, it also includes the benefits of using land as an investment like he does. Through Sierra Pacific, the family owns some 2 million acres in California and Washington. Several Properties in Wellington, Florida: $27.2 Million (Total).
Residents Furious When Bill Gates Swoops in to Buy Huge - Futurism The relationship to land who owns it, who works it and who cares for it reflects obscene levels of inequality and legacies of colonialism and white supremacy in the United States, and also the world. Do whatever you want to with the land as the value increases. The billionaire Microsoft co-founder has become the largest owner of farmland in the. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. He's one of the richest men in the world and the largest individual owner of farmland in the country. The billionaire tech mogul and philanthropist has quietly amassed nearly 270,000 acres of farmland across the country, but thats still a relatively small slice of the nations nearly 900 million total farm acres. , an annual survey of the nations largest landowners. The principal danger of private farmland owners like Bill Gates is not their professed support of sustainable agriculture often found in philanthropic work its the monopolistic role they play in determining our food systems and land use patterns. In every state where the Gateses own land, a tangled web of locally registered limited liability companies follow. Bill Gates now owns more farmland than anyone else in the United States, as the tech tycoon has quietly purchased 242,000 acres of farmland in several states across the country. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments.
Bill and Melinda Gates own 70,000 acres of Louisiana farmland - NOLA According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 . Since then, it has been revealed that the two never signed a prenuptial agreement, instead opting for a separation agreement. The process of splitting the couples assets will be a mammoth task. For Indigenous caretakers, land use isnt premised on a return of investments; its about maintaining the land for the next generation, meeting the needs of the present, and a respect for the diversity of life. Investors generally are nevertheless buying an increasing share of the U.S. housing market. In total he owns 268,984 acres of land of all types in 19 states, including a suburb up for development - as a so-called 'smart city' - outside Phoenix, Arizona. The land that Bill Gates owns is used to grow soybeans, corn, cotton, and rice over 70,000 acres in northern Louisiana. Cascade Investments declined to comment on its interest in acquiring so much American farmland, but a spokesperson for the firm, Charles V. Zehren said it is very supportive of sustainable farming. He pointed out that in 2020, the acreage that Bill Gates firm owns was all enrolled in a sustainability program. Investment firms are making the argument farmlands will meet carbon-neutral targets for sustainable investment portfolios while anticipating an increase of agricultural productivity and revenue. Farmers just aren't owning the assets anymore. In Nebraska where he owns 20,000 acres, it is used for soybeans. A few years ago, Bill Gates has announced plans to build a smart city outside of Buckeye in Arizona. In 2009, the Gates' reportedly purchased a ranch in Wyoming that once belonged to Buffalo Bill Cody. The Microsoft co-founder and his former wife, Melinda, are the top farmland owners in. Nick Estes is a citizen of the Lower Brule Sioux Tribe. A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is traditional.
Bill Gates is betting big on US farmland - should you? What expertise in climate science or agriculture Gates possesses beyond being filthy rich is anyones guess. The billionaire media mogul Ted Turner epitomizes such disparities. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. Land holds ample opportunities for growth and development, yet you may find that there is more land than there is competition.
Who Owns More Land: Bill Gates, McDonald's or The Catholic Church? According to O'Keefe, Gates isn't 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. , said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. But a Gates spokesperson said in a statement on Friday that the claim that hes bought the majority of the nations farmland is false, pointing to a U.S. Department of Agriculture report from February that showed there were more than 895 million total acres of farmland in the country last year. But that could soon change. That makes Invitation Homes the largest operator of single-family rental homes in the country, but still represents a tiny fraction of all such homes. The Microsoft co-founder acquired 14,500 acres of the fertile land in 2018, helping to make him the largest private farmland owner in the US, with total holdings of almost 250,000 acres,.
Map reveals which billionaire owns largest amount of land in US - and In terms of agriculture and his practices Bill Gates, Microsoft billionaire, may be more than . Bill Gates has invested in various high-profile commercial properties through his personal investment company, Cascade. It will not tell you that Bill Gates is your neighbor. That crown belongs to Liberty Media chairman John Malone, who has 2.2 million acres, according to The Land Report. There are also ways to generate passive income on the land without selling it because you can lease the land or sell the mineral rights, among other methods. Thats why lands still managed by Indigenous peoples worldwide protect and sustain 80% of the worlds biodiversity, practices anathema to industrial agriculture. You may have heard that Bill Gates owns a lot of land, but you may not know how much. You can also fill out the contact form below if you are interested in buying or selling land. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley near Lancaster, Calif., in 2004. This could give you a place to relax or to even build a small vacation home. Bill Gates investment company, Cascade Investments, has invested in hundreds of thousands of acres of farmland in the last 10 years. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm primarily invests in retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown.
Ag Briefs: Bill Gates top private farmland owner in U.S. These billionaires have nothing to offer us in terms of saving the planet unless its our land back. 07:04 GMT 16 Jan 2021. In 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify their property portfolio. The agriculture sector is important, he wrote. Tuesday, the office of the Attorney General sent out a letter asking the Red River Trust to confirm how the company plans to use the land . As of 2020, industry reports show he owned about 0.027% of U.S. farmland. The billionaire Microsoft co-founder has become the largest owner of farmland in the United States by quietly buying up massive plots across the county, a new report says. According to the Land Report in 2021, the Gateses had 242,000 acres of farmland, 1,234 acres or recreational land, and 25,750 acres of land that was in transition from farmland to residential and . It may even be easier to sell smaller lots than it would be to market the entire portion of land that you invest in. Much of Turner's land is used as grazing land for over 50,000 head of buffalo . In January 2021, Bill Gates became the largest owner of farmland in the United States. These land holdings are separate from their previous investments in companies that support large-scale farming like Monsanto and the tractor manufacturer John Deere. from February that showed there were more than 895 million total acres of farmland in the country last year.
Bill Gates Called Out By Farmer For Secretly Buying Up US Farmland: 'I Bill Gates tells Reddit why he's bought so much farmland - AFN About 40 percent of farmland is owned by seniors 65 or older, according to 2014 estimates by the U.S. Department of Agriculture, meaning more farmland is expected to come on the market soon. False. Media billionaire Ted Turner has also invested in 2 million acres of land (much of it rangeland and prairie, rather than cropland) and earned the distinction of being the largest private owner of buffalo herds that roam the 200,000 acres of his private ranch, The Guardian reported. Besides the enrollment of their landholdings in Leading Harvest, the Gates Foundation in 2020 also created an agricultural nonprofit, Gates Ag One, which focuses on bringing affordable solutions to small-scale farmers in sub-Saharan Africa and South Asia to improve crop productivity. In fact it is so big that it is a little hard to conceptualize. Published: 18:36 ET, Dec 8 2022 Updated: 10:03 ET, Dec 9 2022 A MAP has revealed which billionaire owns the largest amount of land in the US - you'll be shocked to know that it isn't Bill Gates.
Port: Bill Gates can't buy land in North Dakota? - InForum His firms largest farmland acquisition happened in 2017, when it acquired 61 farming properties from a Canadian investment firm to the tune of $500m. In Georgia and Florida, NBC News independently confirmed through research of property records that the Gateses investment firm owns more than 7,000 acres through two limited liability companies, Lakeland Sands and Lakeland Sands Florida, LLC. Bill Gates acquired six parcels of land in Pembina County.
Bill Gates owns a lot of American farmland, but not the majority Malone owns several ranching and real estate businesses predominantly in Maine, New Mexico, Colorado and Wyoming. Today, Bill Gates owns 242,000 acres of farmland in 19 states. With the Washington state acreage and other additions to his portfolio, The Land Report estimates that Gates now owns at least 242,000 acres of American farmland. And while Bill Gates frets about eating cheeseburgers in his book for the amount of greenhouse gases the meat industry produces largely for the consumption of rich countries his massive carbon footprint has little to do with his personal diet and is not forgivable by simply buying more land to sequester more carbon. Bill and Melinda bought this massive mansion in the Coachella Valley for $12.5 million in 1999.
Bill Gates' 242,000 Acres of Farmland Could Be Split in Divorce There is a certain irony, of course, about Gates, 65, becoming the USA's biggest private owner of farmland, which American publication the Land Report recently declared him to be. This means that you can find good deals that may be just the thing you are looking for. In north Louisiana, the Gateses investment firm owns about 70,000 acres of land through at least three other shell companies. Ownership of Angelina Plantation Farms, which sits among three wildlife areas in Monterey with a view of Bayou Cocodrie, and other property has been a . This can potentially earn you tons of money. Xanadu 2.0 in Medina, Washington: Estimated $140-170 Million, Source: Steve Ringman / The Seattle Times. 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. Purchased fromMadeleine Pickens, the former wife of Texas billionaire T. Boone Pickens, the property deal is one of the largest ever recorded in the area,The Wall Street Journalreported. Lets take a look at some of the reasons that land, particularly raw land, can be a good investment for Bill Gates or anybody else, including you. The option expires Oct. 31, 2024. Farmer Bill. It can be used for residential development, commercial projects, industrial zoning, public or semi-public use, agriculture, or right of way (a way for others to access a different piece of land or portion of the land). There, on Gates parcels, an industrial farm grows potatoes for McDonalds french fries. He hoped Gates would have invested in different farming techniques that could help turn around the ecological damages from big agriculture.