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. Digital IDs were given to residents in East Palestine, Ohio, to track long term health problems like difficulty breathing before the Feb. 3 train derailment. In fact, he reportedly owns more farmland than any other individual in America. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for. By clicking Sign up, you agree to receive marketing emails from Insider There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. Now Chinese companies and businessmen are planning to make their home in the United States. As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. The Bureau of Labor Statistics latest update shows egg prices rose 60% over the last year. Partnering with Monsanto to create these super seeds is also part of the plan. 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. 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. 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. Table of Contents show 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. By clicking Sign up, you agree to receive marketing emails from Insider 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. Bill Gates (AP Images) Bill Gates is buying up America's farmland. It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks. Is this just a regular investment move, made on a large scale? 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. "It is not connected to climate. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states. Gates has been asked about his farmland purchases before. According to 2021 article from the Land Report, a magazine about land. That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. 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. The U.S. Federal Government. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? February 27, 2023, 11:49 AM. Pregnancy tests include a hidden Plan B pill. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Tue, Feb 28, 2023 LOGIN . 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. 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. researchers warned about the potential risk of a global food shortage, currently no nationwide food shortages in the United States, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal, 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, you'd cover an area about a quarter the size of Rhode Island, Gates was putting microchips into vaccines, Gates had input tracking devices into vaccines, vaccinations as a way to depopulate the planet. There were 895.3. In January 2021, Bill Gates became the largest owner of farmland in the United States. Prior to this in 1999, Bill sold off tons of Microsoft stock to diversify. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Or, have more control over the resources we all use and need. These claims are not true. Investors from the Netherlands own 33% of that land with Canadians owning 25%. Bill and Melinda Gates also cracked the Land Report's Top 100 Landowners for the first time coming in at number 49. 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. Bill Gates reportedly owns more farmland than anyone else in the United States. 1800 I Street NW The figure cited by The Land Report was subsequently reported by major news outlets including Business Insider and Forbes (here), (here). While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. Starting in 2013, Gates began investing his billions (through the firm Cascade Investment) in agriculture because of its steady increase in value and low volatility. 54. 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. Gates is just using farmland to make Agri-Tech and financial investments. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. Bill and Melinda released their latest initiative, Bill Gates Big Bet, where the Foundation states theyre betting on the major success of developing nations within the next 15 years, hoping to see more improvement than at any time in history. He owns 242,000 acres, which is equivalent to the area of Fannin County GA. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. Why did he decide to buy in Amish Country? 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 . The No. 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. Farmland has some natural built-in drawbacks for all of the built-in benefits: Just 20 years ago, it was difficult to invest in farmland if you werent already independently wealthy. 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. But these land holdings account for only a tiny share of the countrys total farmland. What Land Does Bill Gates Own In Michigan? But unlike those men, Gilbert has plans to redevelop his properties and not just sit on them. 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. No one but Bill Gates knows that answer. 2,167 acres. Who owns the most land in the world 2021? So while Dan Gilbert owns the most property downtown, his 30-odd buildings seem small compared to what Kelly, Tatarian, Moroun, and others own. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. (Read more about our partnership with Meta, which owns Facebook and Instagram.). Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? 2023 Benzinga.com. Benzinga does not provide investment advice. 22. 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. Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. Across the nation, Gates' affiliates . AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. Bill Gates is Americas biggest farmer, his 269000 acres farmland grows potatoes and carrots. Climate Connection. Today, Bill Gates owns 242,000 acres of farmland in 19 states. 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. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. It's not part of his plans to save the planet. You're looking into Bill Gates' Red River Trust purchase of . Microsoft co-founder Bill Gates is America's top private farmland owner. 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). Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. Thus, in Gates mind, its extremely important to help empower these developing peoples before that year comes to fruition. 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. This, combined with holiday demand and continued coronavirus pandemic-related supply-chain pressures, have affected the market. Land Values: Here's a look at the top 10 absentee landowners in central Illinois, and where they own farmland. Former Microsoft CEO Bill Gates owns a majority of America's farmland. . The counties with the most total acres of foreign-owned ag land are Keweenaw, Baraga and Alger. Either that or I had a screw loose. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. He responded that it was a decision his investment group made. As of October 2021, the Asian nation owns $1.065 trillion, or about 3.68%, of the $28.9 trillion U.S. national debt, which is more than any other foreign country except Japan. The tide began to shift in the early 2000s, when institutional investors began to give farmland a closer look. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? Access your favorite topics in a personalized feed while you're on the go. 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? Any why now after years of massive success? In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. The agriculture sector is important," Gates wrote. We invest in the farms to raise productivity. 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. One answer might surprise you: While trying to track down who recently purchased 14,500 acres of choice farmland in Washington state's Columbia River Basin, researchers at The Land Report discovered the new owner was Microsoft co-founder Bill Gates. 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' achievement, according to the report, is that he's largest private owner of farmland in the US. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. He has been buying thousands of acres across America. 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). How Many Hours Is It From Detroit To Michigan? In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. 242,000 Acres: Bill Gates Now The Largest Owner Of Farmland In America. While Gates has spent billions investing in agricultural properties to make them more productive, a growing number of retail investors are getting a piece of the real estate market with as little as $100 through companies backed by high-profile investors like Jeff Bezos. Data gathered by The Land Report and NBC News show that their land holdings range from 70,000 acres in north Louisiana, where their farmland grows soybeans, corn, cotton and rice, to 20,000 acres . In Washington, the duo owns more than 14,000 acres of farmland that includes potato . Infected flocks are culled to prevent the flu from spreading. 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). 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. Satellites are on balloons and not in space.. Breitbart News previously reported that Gates is Americas largest private owner of farmland. Interestingly enough, though the Bill and Melinda Gates Foundation is working on this agriculture initiative. Using those figures, Gates would own about 0.027% of U.S. farmland. 420,000 acresBill and Melinda Gates prior to their divorce accumulated roughly 270,000 acres of farmland in less than a decade. In their Big Bet, they recognize that the impoverished people stand to be impacted the most by these changes. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. - Farmland Riches where is bill gates' farmland in michigan. Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. The Justice Department has been calling parents that are concerned about what their kids are being taught, they are labeling them terrorists., Sen. Marco Rubio signed a 2021 letter that supports waivers that would reduce visual track inspections.. What is the most profitable crop in Michigan? The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. 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. Social media post scrambles the facts on high egg prices, Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage, Bill Gates is About to Change the Way America Farms, What the plow and lab-grown meat tell us about innovation, Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022, 2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks, Bill Gates owns a lot of American farmland, but not the majority, The controversy over Bill Gates becoming the largest private farmland owner in the US, McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland, Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses, Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future, Bill Gates bets on growing demand for sustainable foods, Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. 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. Thus, before we answer these questions, we are going to provide a brief summary of his financial history. Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. 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.. With all of this recent farmland accumulation, one might think Gates is using this land to research these gene edited super seeds. However, Microsoft wasn't Bill Gates' only successful venture. The. 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). "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?" 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 . 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. Our Standards: The Thomson Reuters Trust Principles. Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Who is the largest landowner in the world? According to Redfin, single-family housing represented over 70% of the properties purchased by investors in the third quarter of 2021 (here). And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. State law prohibits corporations, LLCs, and trusts from farming or ranching activities. 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. Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. But there is no evidence these investments are linked to a nationwide shortage in chicken and egg products. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. His idea, like many others, was to diversify his investments across different asset classes. Bill Gates and conspiracy theories go together like peanut butter and jelly. As per the report, the Gates have their own land in at least 18 American states. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. Our state produces about 75 percent of the nations tart cherry crop. Perhaps history is repeating itself? Recently, an article in Land Report stated that Bill Gates owns more American farmland than anyone else. Some of the links on this site are affiliate links. 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. BlackRock is a shareholder in both companies (here) (here).

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