F' off Gates! 22. Who owns the most land in the world 2021? Partnering with Monsanto to create these super seeds is also part of the plan. Age Requirements Most ordinances require, Huckleberries are small bright blue, or dark blue, or black berries which grow wild near marshes in Michigan. However, Microsoft wasn't Bill Gates' only successful venture. 2 min read Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all. 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. "Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions," the letter said. The REAL reason Bill Gates is buying US land. He has invested in multiple companies developing artificial or plant-based alternatives to meat, but he supports chicken farming and agricultural development. 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. According to a January 2021 article by The Land Report, Gates owned 242,000 acres of farmland through two investment management firms - Cottonwood Ag Management and Cascade Investment (here). KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. 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. What Asset Class Is Farmland Considered To Be? Eggs have become expensive and scarce in some parts of the country. 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. I have invested in these farms to make them more productive and create more jobs. The tweet had gathered over 215,000 likes at the time of writing. Suggests virologists death is linked to COVID-19 vaccines. How can this inform our personal investment decisions? Bill Gates-Linked Trust Probed For Buying Up Farmland In North Dakota The North Dakota purchase would put those total holdings at more than 270,000 acres, though it's not clear how the property is being divided following Gates and French Gates' divorce last year. How long is it from Michigan to Detroit? From the beginning, Cascade Investments focused on blue chip defensive stocks, including Four Seasons, Berkshire Hathaway, Coca Cola, and more. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. 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. Avian flu is highly infectious, can spread rapidly from flock to flock, and can often kill chickens. The Gates Foundation isnt the entity utilizing the land, but rather just Bills family office. 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. By Dec. 31, 2022, the Agriculture Department reported 43 million egg-laying hens had died because of the disease or depopulation. Farmland REITs have a high degree of correlation with the overall stock market, and returns tend to be lower than less liquid farmland investments. Why am I just learning about this NOW?. In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. Bill Gates does not own the majority of U.S. farmland. Either that or I had a screw loose. Why Bill Gates is now the US' biggest farmland owner - New York Post Bill Gates was right when he sold his own Microsoft stock to diversify through Cascade in 1994. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for. The Agriculture Department estimates there are more than 895 million acres of farmland in the U.S., making Gates share 0.028%. Satellites are on balloons and not in space.. Farmland originally appeared on Benzinga.com. This article was produced by the Reuters Fact Check team. Neither of these are a perfect option. In this short period of time, there was a proliferation in funds that were specifically focused on farmland investing. 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 does not own the majority of U.S. farmland. Accessed 28 Apr. While the Gates' own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. By Jenna Hoffman July 5, 2022. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. The total portfolio of farmland is worth well over $700 million. Amazing, if truebut its extremely not. Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. Follow him on Twitter@LucasNolanor contact via secure email at the addresslucasnolan@protonmail.com, EconomyPoliticsTechBill GatesFarmersfarmlandNorth Dakota. 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. This article Bill Gates Finally Explains Why He's Buying So Much U.S. 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). Charlie Kirk EXPOSES Shocking, Highly Worrisome Reason Why Bill Gates "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?" As reported by Bloomberg . Breitbart News reporter Alana Mastrangelo wrote: Gates is now America's largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according to the Land Report. Zu den grten Gates-Unternehmen zhlen etwa Betriebe mit 27.952 Hektar in Louisiana, 19.395 Hektar in Arkansas, 10.420 Hektar in Arizona, 8.331 Hektar in Nebraska und 6.514 Hektar im Bundesstaat. The portion of land that isn't owned by farmers varies widely regionally; in some areas, almost 80 percent of agricultural land is held by non-operators. In Washington, the duo owns more than 14,000 acres of farmland that includes potato . He has also been aproponent of chicken farming. With the Washington state acreage and other recent additions to his portfolio,. A $13.5 million purchase of a North Dakota potato farm is drawing outrage and legal scrutiny. That purchase of Plum Creek makes Weyerhaeuser the largest private landowner in Michigan, as of now. According to Redfin, single-family housing represented over 70% of the properties purchased by investors in the third quarter of 2021 (here). I have written several articles on postings related to Big Tech, Social Media and Corporations. Why Bill Gates Is Investing Big Time In Farmland Across Washington And The Country - Northwest Public Broadcasting About Contact Us Coverage Area Our Staff Work With Us Report an Outage Station News Latest Station News Connect Archives Our Stories Download NWPB App TV Schedules Channel Guide Online Schedules Download Schedules Local Programs How Old Do I Have To Be To Go To A Strip Club In Michigan? 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. 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. Louisiana is the top state. 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). 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. It's not part of his plans to save the planet. Bill Gates reportedly owns more farmland than anyone else in the United States. The transitional land he owns in Arizona is reportedly being built into a suburb. 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. 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. Where does Bill Gates own farmland in Illinois? - 2023 Washington, DC In January 2021, Bill Gates became the largest owner of farmland in the United States. In fact, he reportedly owns more farmland than any other individual in America. By divesting his personal wealth from his own thriving tech company, and diversifying into myriads of other non-tech based businesses, Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. Perhaps history is repeating itself? 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. Cascade Investment began purchasing farmland in significant strides in 2013. Weyerhaeuser purchase Plum Creek in 2015 for over $8 Billion! But these land holdings account for only a tiny share of the countrys total farmland. Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. As the Land Report notes, 24,800 acres of the land istransitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the mostpopulous city in Arizona. Bill left most of his professional work at Microsoft at this time to work with Melinda and the foundation. Other noteworthy farmland investors include Ted Turner and Thomas Peterffy. Bill Gates 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. Gates owns less than 1% of the nations farmland. According to Mother Jones, the average price of farmland increased six times from 1940 to 2015, and the trend is likely to continue as the amount of arable land in the U.S. continues to shrink from climate-related pressures. Across the nation, Gates' affiliates . 54. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. Heres why. In a statement to Reuters, editor of The Land Report and author of the article published by the outlet on farmland owned by Gates, Eric O Keefe, called the claim absurd.. One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. 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. Oct 22, 2014. In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. 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. His . I have invested in these farms to make them more productive and create more jobs. 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. #1. 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. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . Claims online that billionaire Microsoft co-founder Bill Gates owns the majority of U.S. farmland and that BlackRock, the worlds largest asset manager, owns the majority of U.S. single-family houses are factually inaccurate, according to industry data and spokespeople for Gates and BlackRock. Who are the biggest absentee landowners in Illinois? The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Gates' 242,000 acres amounts to about 0.03% of the total. Who owns the most farmland in the world? While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. However, the Gates Foundation has been largely transparent at every level of their operations from their objectives, means, successes, and failures. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. How many farms Does Bill Gates Own? Should we be worried about a tech giant like Bill Gates amassing this wild amount of land? While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. The 2,100 acre potato farm adds to his massive portfolio of farm investments. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. The Detroit Land Bank Authority (DLBA) is a public authority that owns and manages approximately 100,000 parcels of property in the City of Detroit making it the citys largest landowner.Detroit Land Bank Authority. Read also:Which Billionaire Owns The Most Land In The U.S.? Official govt docs expose Michelle Obamas 14 year history as a man., "Woody Harrelsons 60 seconds in the middle of his monologue was cut out of the edits released after the show., BREAKING Trump preps Marines to stop presidential coup.. Bill Gates Asked Why He's Buying So Much US Farmland: Here's His - MSN In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. Nebraska has the third-most Gates-owned farmland in the nation. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Microsoft founder Bill Gates and his wife Melinda have amassed the largest portfolio of private farmland in the US, according to The Land Report. Bill Gates gobbling up Florida farmland; investment arm recently paid 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. 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.. 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. With over 242,000 acres of farmland, Bill Gates is America's biggest farmland owner, and his ownership may be connected to climate change and plant-based meat substitutes. Land Values: Here's a look at the top 10 absentee landowners in central Illinois, and where they own farmland. Where did Gates buy farmland? | Dependable Recently, Bill Gates has purchased 300,000 acres of farmland, you would think that buying all of the farmland would be bigger news than Elon Musk buying all of Twitter (here). Bill Gates tells Reddit why he's bought so much farmland - AFN This, combined with holiday demand and continued coronavirus pandemic-related supply-chain pressures, have affected the market. 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. Click here to view current offerings on AcreTrader! Billionaire philanthropist and Microsoft Corp. co-founder Bill Gates has found himself at the center of yet another online conspiracy theory. Other factors are pandemic-related supply chain issues andholiday demand. How Long Can You Be Held Without Bond In Michigan? February 27, 2023, 11:49 AM. In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. Try the tool that will help you invest smarter, faster, and better. In 2018, Michigan produced 297 million bushels of corn grain, worth $1 billion. Accessed 28 Apr. What is the most profitable crop in Michigan? Social media post scrambles the facts on high egg prices, Gateway Pundit, "Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage," Jan. 24, 2023, PolitiFact, "What Bill Gates has to do with livestock, lab-grown meat," May 18, 2020, PolitiFact, "Eggflation? FPI is internally managed and the company owns farms in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi,. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. 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. Trump killed them., The Kansas City Chiefs Super Bowl win has been put on hold as NFL plans to launch an investigation on possible (performance-enhancing drug) use by Patrick Mahomes during halftime.. The. Gates started purchasing farmland circa 2013 through his investment group, Cascade Investments. Pregnancy tests include a hidden Plan B pill. 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. Farm Gates - Ohio Ag Net | Ohio's Country Journal Hint, It's Not Bill Gates. "It is not connected to climate. As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. 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. According to the Harvard Joint Center for Housing Studies (JCHS) (here), using data of the Rental Housing Finance Survey, between 2001 and 2018 the proportion of rental properties owned by non-individual investors, which include partnerships, trustees for estate, real estate corporations, real estate investment trusts, and other entities, increased from 18% to 26%. Michigan - 2,167 acres; Mississippi - 16,963 acres; Nebraska - 20,588 acres; New Mexico - 1 acre; North Carolina - 874 . 2022. That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. This isn't the first time Gates has called for higher taxes on the wealthy. Bill Gates and conspiracy theories go together like peanut butter and jelly. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. He responded that it was a decision his investment group made. In April 2022, conspiracy theorists insinuated that billionaire Bill Gates was buying up "the majority" of American farmland as part of a diabolical plot to cause widespread food shortages. Chicken nuggets and cream cheese grow in trays in a South Side lab. Why? The Guardian, 5 Apr. While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. Interestingly enough, though the Bill and Melinda Gates Foundation is working on this agriculture initiative. 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 . Why Bill Gates Is Investing In Chicken-Less Eggs, Memphis Meats raised $161 million to grow meat from cells, Bill Gates and Richard Branson backed a food startup which grows meat in labs, How Beyond Meat became a $550 million brand, winning over meat-eaters with a vegan burger that bleeds', Bill Gates headlines an all-star list of investors pumping $75 million into meatless burgers, How Impossible Burgers simple vision won hundreds of millions in funding and backing from Bill Gates. Bill Gates' 20,000 acres in Nebraska help make him the top farmland 33701 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. 2023 Benzinga.com. Bill Gates Uses Farmland as an Investment Outlet Buying up Potato, Carrot and Onion Farms. NBC News, https://www.nbcnews.com/tech/tech-news/mcdonald-s-french-fries-carrots-onions-all-foods-come-bill-n1270033. Youre not investing in a building that will decay over time, but the rich farmland itself. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. Who owns the most farm ground in the US? 20006, Florida The cost of chicken has also gone up, although not as drastically. Bill is now the biggest owner of farmland in 2022 a great hedge asset against rising inflation. 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. Here's why the ultra-wealthy like Bill Gates and Thomas Peterffy are 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. Bill Gates Is Buying Up American Farmland. But Why? He was right when he predicted the COVID-19 epidemic in 2015. 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. 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. Why doesnt everyone just invest in farmland then? In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. 2022. 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. It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks. 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. According to The Land Report, the Microsoft co-founder owns farmland across 18 states, with the largest holdings being in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588. Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. 242,000 Acres: Bill Gates Now The Largest Owner Of Farmland In America. Bill Gates is America's biggest farmer, his 269000 acres farmland grows Snopes and the Snopes.com logo are registered service marks of Snopes.com. North Dakota Agriculture Commissioner Doug Goehring spoke with KFYR, stating that the public reaction to the purchase has been negative. It is not connected to climate. Thats because the old adage goes: Buy landthey arent making it anymore. (Which volcanologists know isnt exactly true, but you get the idea). Prior to this in 1999, Bill sold off tons of Microsoft stock to diversify. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. Infected flocks are culled to prevent the flu from spreading. Bill Gates Defends Farmland Purchases: 'There Isn't Some Grand Scheme' to not use their land, is working towards their real agenda. 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 buyer, Red River Trust, is tied to Bill Gates, the largest farmland owner in the US. Breitbart News previously reported that Gates is Americas largest private owner of farmland. 727-821-9494. stated on January 22, 2023 in an Instagram post: The U.S. chicken and egg shortage is linked to Bill Gates. Bill Gates' farmland purchase raises red flags Perhaps Bill Gates is looking to test out his GMO seeds. Is Gladstone Land Corp (LAND) A Good Investment? Bill Gates owns massive parcels of farmland. It's not part of his plans He owns significantly more farmland than Minnesota's Offutt family and California's Resnick family, which each own 190,000 acres and rank second equal on the list. 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.
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