Bill Gates owns massive parcels of farmland. It's not part of his plans Gates' interest in farmland is still strong. Bill Gates now the biggest owner of farmland in the US Our state produces about 75 percent of the nations tart cherry crop. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Either that or I had a screw loose. He has also been aproponent of chicken farming. Why did he decide to buy in Amish Country? His . Their low fees and competitive returns set them apart from many of the other platforms out there. Why? The Guardian, 5 Apr. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. 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. Thetech billionaire owns69,071 acres inLouisiana,47,927 acres inArkansas, and 20,588 acres inNebraska. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". Bill Gates' 242,000 Acres of Farmland Could Be Split in Divorce Gates personal farmland portfolio is managed by Michael Larson and Cascade Investment. 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.. All rights reserved. One main benefit to alt assets especially for those whore heavily invested in the stock market is you can diversify your overall investment portfolio outside the NYSE/NASDAQ. (AP). Gates does own a lot of farmland. And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. However, when you read between the lines with an objective and open mind, one can infer much. 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. Bill Gates is the largest farmland owner in America: report - New York Post But these land holdings account for only a tiny share of the countrys total farmland. Does this investment say anything about the state of the. Farmland is what is known as an alternative asset an investment that can grow wealth outside of the stock market. His idea, like many others, was to diversify his investments across different asset classes. Farmland as an investment offers low volatility. I have written several articles on postings related to Big Tech, Social Media and Corporations. The figure is far below the total area of U.S. farmland. 2022. TheNew York Post reportsthat public records recently cited by AgWeek reveal that an entity called Red River Trust with links to billionaire Bill Gates recently purchased 2,100 acres of potato farmland in northern North Dakota, prompting state officials to intervene after complaints from local residents. Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. Thus, before we answer these questions, we are going to provide a brief summary of his financial history. Land Values: Here's a look at the top 10 absentee landowners in central Illinois, and where they own farmland. 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 . 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. St. Petersburg, FL 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. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. While BlackRock does not directly own single-family houses, as the worlds largest asset manager (here), it owns stock in companies that do. I had heard this in the past, but didn't give it much thought. 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. 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. Former Microsoft CEO Bill Gates owns a majority of America's farmland. Bill Gates gobbling up Florida farmland; investment arm recently paid Over time, Gates sold personal stock in Microsoft and. Now Chinese companies and businessmen are planning to make their home in the United States. Bill Gates Attempts to Explain Why He Bought More Farmland - Futurism 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. 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. The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. The Gates Foundation isnt the entity utilizing the land, but rather just Bills family office. Bill Gates Defends Farmland Purchases: 'There Isn't Some Grand Scheme' Business entities have, however, been increasing their presence as owners of rental properties. The No. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. February 27, 2023, 11:49 AM. 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. A 2021 report published by the U.S. Department of Agriculture (USDA) said there were 895,300,000 acres of farmland in the United States. "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?" These allow investors to get stared with as little as $10,000. 41 on The Land Report's 2022 list of Americans who own the most land. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? Social media users are falsely claiming that Gates owns the majority of U.S. farmland. The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. Investors from the Netherlands own 33% of that land with Canadians owning 25%. With all of this recent farmland accumulation, one might think Gates is using this land to research these gene edited super seeds. But unlike those men, Gilbert has plans to redevelop his properties and not just sit on them. The other major crops oats and forages are mostly fed to livestock on farms in the area. 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). With the Washington state acreage and other recent additions to his portfolio,. The . Many people wonder why Bill Gates would make these moves with his investment portfolio. Does Bill Gates Own the Majority of US Farmland? - Snopes The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. By divesting his personal wealth from his own thriving tech company, and diversifying into myriads of other non-tech based businesses, he was not only exceptionally protected against the tech crash of 2000, but made out like a bandit. Farmland originally appeared on Benzinga.com. The Gates Foundation has seen steady success and growth since their launch, funding science, research, agriculture and education. Over the last decade, Bill Gates has invested in multiple companies, including Beyond Meat and Impossible Foods, that develop plant-based meat alternatives. 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. 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. According to 2021 article from the Land Report, a magazine about land. In fact, he reportedly owns more farmland than any other individual in America. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. 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). There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. What Asset Class Is Farmland Considered To Be? 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. 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. Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. 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. These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. 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.. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for. Bill Gates tells Reddit why he's bought so much farmland - AFN The counties with the most total acres of foreign-owned ag land are Keweenaw, Baraga and Alger. 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. Top editors give you the stories you want delivered right to your inbox each weekday. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. Conspiracy theorists claimed last year that the Microsoft founder was buying up farmland in the U.S. in order to starve Americans for an unknown reason, Snopes said, after researchers said in. 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. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley. Any why now after years of massive success? The REAL reason Bill Gates is buying US land. It is reported that Bill Gates owns over 269,000 acres of farmland in over a dozen states, making him the largest farmland owner in America. Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? Bill Gates-Tied $13M Farmland Purchase Angers North Dakotans Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that farmland returns historically out performs most other investment vehicles, and is also comparatively the least volatile asset among the bunch. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. Bill and Melinda Gates own 70,000 acres of Louisiana farmland; what Prior to this in 1999, Bill sold off tons of Microsoft stock to diversify. Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. The North Dakota attorney general's office recently inquired into a 2,100-acre farmland purchase by Red River Trust, an entity affiliated with Bill Gates. He has invested in multiple companies developing artificial or plant-based alternatives to meat, but he supports chicken farming and agricultural development. Gates does own a lot of farmland. 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. Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Gates said during a Reddit AMA: My investment group chose to do this. About 350,000 acres of the U.S. government land in Hawaii were kept for military installations and national parks. The Agriculture Department estimates there are more than 895 million acres of farmland in the U.S., making Gates share 0.028%. We invest in the farms to raise productivity. While there are currently no nationwide food shortages in the United States, nor widespread disruptions in the supply chain, the potential of such shortages caused many people to feel that their food security was suddenly uncertain. Michigan. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. The old saying about land is they aren't making any more of it. Supply and demand? The Michigan State University shooter is a 21-year-old man named Lynn Dee Walker. Download free guide with advice for beginners. 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. The agriculture sector is important," Gates wrote. as well as other partner offers and accept our. 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. He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. 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. As per the report, the Gates have their own land in at least 18 American states. Officially, the general public doesnt know exactly what Bill Gates growing farmland estate is being used for. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and . stated on February 13, 2023 in a Facebook post, Gates investments in plant-based meat and farmland. . As more investors look to buy land, those who got in earlier are poised to benefit from the appreciation of the land value. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. 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.