Document shows Rebekah Jones demonstrated a violation of Floridas Whistleblower Act. Gates farmland now totals 242,000 acres. Avian flu is highly infectious, can spread rapidly from flock to flock, and can often kill chickens. Farmland, Biden Hears Oval Office Plea for Alaska Oil Project in Lobbying Frenzy, Apple tops ranking of global companies with the most 'green' revenue, UPDATE 2-North Korea says UN should demand end to S.Korea-US military drills, US Treasury puts cost of outbound investment risk program at $10 million, US Jobs Report and Powell Testimony Take Center Stage: Eco Week. 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. Bill Gates is America's biggest farmer, his 269000 acres farmland grows As per the report, the Gates have their own land in at least 18 American states. Using those figures, Gates would own about 0.027% of U.S. farmland. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. The transitional land he owns in Arizona is reportedly being built into a suburb. Amazon founder Jeff Bezos . 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. The U.S. Federal Government. The total portfolio of farmland is worth well over $700 million. Bill Gates' North Dakota Farmland Purchase Approved by the - AgWeb 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. F' off Gates! Eggs have become expensive and scarce in some parts of the country. 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. 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. The Agriculture Department has said the avian flu outbreak in the U.S. is the main contributor to low inventory and high prices. 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. 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. Why? The Guardian, 5 Apr. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 acres. What is the most profitable crop in Michigan? 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.. Gates' 242,000 acres amounts to about 0.03% of the total. Bill and Melinda Gates own 70,000 acres of Louisiana farmland; what Gates personal farmland portfolio is managed by Michael Larson and Cascade Investment. Who knows. 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). Contacted by Reuters, a BlackRock spokesperson said: BlackRock is not buying single-family homes and is not competing with individuals to purchase houses in America.. In their 2018 annual letter, 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. Water bills are soaring in some areas as infrastructure deteriorates, a recent University of Michigan study found. By clicking Sign up, you agree to receive marketing emails from Insider 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. How old do you have to be to strip? Farmland in am. Although Gates owns these farms, he isnt changing their practices. Are you ready for alternative proteins made from a volcanic microbe? The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. February 27, 2023, 11:49 AM. His idea, like many others, was to diversify his investments across different asset classes. While private companies and corporations are increasing . Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. Bill Gates: Americas Top Farmland Owner | The Land Report. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and . Mar 4, 2009. 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.. In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. 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. I have written several articles on postings related to Big Tech, Social Media and Corporations. 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. Bill Gates just bought almost 3,000 more acres of farmland in North Dakota, a purchase that was eventually cleared by the North Dakota Attorney General even though it raised numerous questions about his intentions and why he has been buying up over a hundred thousand acres of American farmland. Why Bill Gates' Purchase of Farmland Concerns Conspiracy Theorists Thus, before we answer these questions, we are going to provide a brief summary of his financial history. Gear-obsessed editors choose every product we review. 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. Thetech billionaire owns69,071 acres inLouisiana,47,927 acres inArkansas, and 20,588 acres inNebraska. It reported that as of 2022, Gates owned about 248,000 acres of farmland. So, what's the interest in farmland? 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. North Dakota Investigates Farmland Purchases by Trust Linked to Bill Gates 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. Owning farmland is one of the most prudent financial investments to make now. Hearst Magazine Media, Inc. All Rights Reserved. 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). The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. However, when you read between the lines with an objective and open mind, one can infer much. 1995 - 2023 by Snopes Media Group Inc. Either that or I had a screw loose. 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. False. Many people wonder why Bill Gates would make these moves with his investment portfolio. This is especially helpful if, say, the stock market crashed, and you had a more aggressive stock portfolio (or any large stake in stock at all). Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. The Agriculture Department estimates there are more than 895 million acres of farmland in the U.S., making Gates share 0.028%. Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. According to 2021 article from the Land Report, a magazine about land. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. Why Is Bill Gates Buying Farm Land? Michigan. We invest in the farms to raise productivity. NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money. This material may not be reproduced without permission. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. Bill Gates shops for 'hundreds of acres of sustainable farmland' from As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. 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. Over time, Gates sold personal stock in Microsoft and. Satellites are on balloons and not in space.. The major cash crops are field beans, sugar beets, corn and wheat. Another meme circulating online reads: Bill Gates is buying all the farmland. .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. Real estate investors overall have also been increasingly targeting single-family homes. 309. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. Gates does own a lot of farmland. What Asset Class Is Farmland Considered To Be? In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. 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. Why Is Bill Gates Buying So Much Farmland? St. Petersburg, FL An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. 420,000 acresBill and Melinda Gates prior to their divorce accumulated roughly 270,000 acres of farmland in less than a decade. Oversight," June 15, 2018, The Chicago Tribune, "Chicken nuggets and cream cheese grow in trays in a South Side lab. 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. In the past 20 years, the foundation has grown to hold over $48 billion. Purchasing your own farm outright means that you are not diversified across many farms; just 1. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. 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. Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. One of the more colorful theories pertains to Gatess strange interest in U.S. agriculture, with rumors that the former Microsoft CEO owns upward of 80 percent of farmland in the United States. Bill Gates just bought 2,100 acres of farmland in North Dakota, adding to the 270,000 acres he inexplicably owns throughout the US China also just bought 300 acres there, adding to the 192,000 . 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. The figure is far below the total area of U.S. farmland. 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . Since it works as an investment for him, it also includes the benefits of using land as an . Bill Gates If youve been on the fence about getting into farmland, maybe now is the time to reconsider. He had accumulated more than 269,000 acres of farmland across 18 states in less than a decade. 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. Supreme Court just voted to ban condoms., Says Ukrainian President Volodymyr Zelenskyy said he wants Americas sons and daughters to go die in Ukraine., In Ohio, there are 75,000 acres of farmland, fertile farmland, that are all now being poured down with acid rain., Muslims by the millions are converting to Christianity.. Gates believes that subsistence farmers and impoverished peoples will be among the most affected by climate change. The Gates Foundation has focused their efforts on alleviating the aftermaths of climate change since its founding. 801 3rd St. S 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. Costs are expected to fall in the coming weeks as egg-laying flocks are restored. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Bill Gates owns massive parcels of 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. Why Bill Gates Is Investing Big Time In Farmland Across Washington And Bill Gates investments in farmland can be seen as part of this trend. Cascade Investment began purchasing farmland in significant strides in 2013. FPI is internally managed and the company owns farms in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi,. Sign up for notifications from Insider! He has also been aproponent of chicken farming. Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. 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. 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. There are 94.6 million single-family houses in the United States, according to the latest data available from the U.S. Census Bureau American Housing Survey (2019) (bit.ly/3seI7kV). Bill Gates uses farmland as an investment outlet buying up - NBC News China has steadily accumulated U.S. Treasury securities over the last few decades. Bill Gates Asked Why He's Buying So Much US Farmland: Here's His - MSN What Part Of Michigan Is Considered The Upper Peninsula? Microsoft co-founder Bill Gates is America's top private farmland owner. He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. The counties with the most total acres of foreign-owned ag land are Keweenaw, Baraga and Alger. According to the Tri-City Herald, a 14,500-acre swath of choice eastern Washington farmland in the Horse Heaven Hills of Benton County had just traded hands for almost $171 million. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. Gates appears to be pro-chicken farming. Bill Gates owns a lot of American farmland, but not the majority Bill Gates' North Dakota Land Purchase Sparks Questions Online - Newsweek Who is the largest farmer in the United States? Over the last decade, Bill Gates has invested in multiple companies, including Beyond Meat and Impossible Foods, that develop plant-based meat alternatives. Louisiana is the top state. Bill and Melinda Gates also cracked the Land Report's Top 100 Landowners for the first time coming in at number 49. 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. 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 . Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. The Michigan State University shooter is a 21-year-old man named Lynn Dee Walker. as well as other partner offers and accept our. AcreTrader has carved out a niche for themselves that has led to rapid market dominance. The mainland Chinese company Sino-Michigan Properties LLC has paid $1.9 million for 200 acres of undeveloped land in Milan, Michigan. Bill Gates, Sustainable Agriculture Champion, Is America's Biggest 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. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. Talk about big bets. Should we be worried about a tech giant like Bill Gates amassing this wild amount of land? Gates started purchasing farmland circa 2013 through his investment group, Cascade Investments. But that's just a portion of the vast holdings Gates and his ex-wife, Melinda French Gates, own from sea to shining sea. This is a sponsored promotion for the AcreTrader platform. Bill Gates is America's biggest farmer with 269000 acres farmland which Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. North Dakota Agriculture Commissioner Doug Goehring spoke with KFYR, stating that the public reaction to the purchase has been negative. He has also written on his personal blog about the future of food, the increasing demand for meat as the global population rises and the environmental effects of livestock farming. As unfounded rumors related to the cause of a yet-to-happen food crisis circulated online, many people started to point fingers at a favorite target of conspiracy theorists, former Microsoft CEO Bill Gates. 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. 2,167 acres. Farmland Riches, LLC and the owners may have investments in companies represented on the AcreTrader platform. 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. Bill Gates is about to change the way America farms Bill Gates (AP Images) Bill Gates is buying up America's farmland. You can find his previous stuff at Gizmodo and Paste if you look hard enough. Bill Gates' farmland purchase raises red flags In their Big Bet, they recognize that the impoverished people stand to be impacted the most by these changes. And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. To put that into perspective, if you put all of the land that Gates owns into one place (his holdings are spread throughout the country), you'd cover an area about a quarter the size of Rhode Island. These claims are not true. Bill Gates Is Buying Up American Farmland. But Why? The land was purchased from the owners of Campbell Farms, a potato farming group headquartered in Grafton, North Dakota, approximately 50 miles from the Canadian border. As we learned above, in most farmland investment situations, the farmland owner leases their land to tenant farmers, who usually live on and work the land. Why Bill Gates is now the US' biggest farmland owner - New York Post 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. 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.
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