North Dakota Agriculture Commissioner Doug Goehring told KFYR that public reaction to the purchase has been largely negative. Although Gates owns these farms, he isnt changing their practices. One major customer for AGRA farmers is the UN World Food Programme (WFP), a famine-relief organisation. 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. Berkshire Hathaway is one of the largest companies in the S&P 500, with a market value of $522.43 billion. Less rain will be a major factor. We wont even come close.. The investment companys single largest acquisition of farmland came in 2017 when it paid $520 million to purchase 61 properties from the Canada Pension Plan Investment Board (CPPIB). Newsweek called him a sustainable agriculture champion., Those stories dovetailed with earlier reports about Gates large land acquisitions in Arizona. 5. Wife is shocked after husband of 15 years asks for permission to have an affair: 'I don't know what to do', My Daily Horoscope: What does March 2nd hold for MY star sign? The groups founding members are expected to spearhead the rollout of the new standards on their own lands. The 65-year-old's holdings include 16,097 acres in Washington, 20,588 in Nebraska, 25,750 in Arizona . 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. But the details are murky, and there is no evidence that the billionaires farmland-buying spree is driven by anything more than a desire to have a well-diversified portfolio. People involved in the Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments and business ventures. As of 2019, around 40 percent of American farmland is rented to tenants, who then operate on it. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. 5. In a Reddit Ask Me Anything (AMA) last week, Gates once again fielded a question pertaining to his AG holdings and stated that he actually only owns 1/4000 of all U.S. farmland, or about 270,000 acres spread across 18 different states. Farms also have a role in fighting climate change. The dealers also supply the seeds for legumes like soybeans and pigeon peas, which make their own fertiliser from nitrogen in the air, via bacteria in their root nodules. 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. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. It isless than .1% of all US farmland because the ownership is so diverse. Red River Trust filed paperwork with the office of the secretary of state of North Dakota on Feb. 15 of this year. The landowners can include investors like Gates. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. A new report from AGRA says climate change could increase the number of malnourished people in sub-Saharan Africa from 223 million today to 355 million in 2050. Leading Harvest envisions a kind of sustainability seal of approval certifying that a given farm meets environmental standards. We invest in the farms to raise productivity. Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. The Gates Foundation's trust invests in the same companies it serves through its development programs, including Monsanto, BASF, Coca Cola, PepsiCo, Unilever, and many others. "In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. ITS like having a new life, says Lucy Banda, a farmer in Mwambaso village in western Malawi. , an annual survey of the nations largest landowners. That makes January 13, 2000, a key date in "Bill Gates history," because it's the day he stepped down as CEO of Microsoft and began to devote himself to becoming one of the world's most-celebrated . He concentrated on third world countries, with the aim of improving health facilities, reduce diseases, poverty and the improvement of education but his real interest in Africa is a hidden agenda. The six-bed Del Mar home, which boasts a ten-person jacuzzi and swimming pool overlooking the ocean, was bought by the couple in late Marchas the international coronavirus pandemic began to take hold. In total Mr Gates and his wife Melinda own 269,000 acres of land across 19 states, including 69,071 acres in Louisiana and 47,927 acres in Arkansas. The farmland acquired by Gates appeared to be earmarked for genetically engineered corn and soy crops the base foods for what will become synthetic ultra-processed products like synthetic meat. However, the land held only amasses 1 percent of the total acres of farmland in the United States. Follow Technocrats.newsfor more news and information related to Bill Gates and other big tech personalities. That means Bill Gates owns 378 square miles of the United States. The Microsoft co-founder is considered the largest private owner of farmland in the country with some 269,000 acres across dozens of states, according to last years edition of the Land Report 100, an annual survey of the nations largest landowners. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Late last year, Eric OKeefe was researching a mysterious recent purchase of 14,500 acres of prime Washington state farmland. The arrangement is simple, The Wall Street Journal wrote in a 2014 profile. The couples acquired farmlandisowned through a private investment company Cascade Investment.This company also owns shares in plant-based protein companies Beyond Meat and Impossible Foods, as well as agricultural equipment maker John Deere. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Weve never been one of the big institutional buyers of single family homes, BlackRock said in response to one tweet. The Microsoft co-founder is considered the largest private owner of farmland in the country with some 269,000 acres across dozens of states, according to last years edition ofthe Land Report 100, an annual survey of the nations largest landowners. There are more than 85 million single-family homes in the country, and only around 15 million of those are rentals, according to the latest American Housing Survey by the Census Bureau. 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. Berkshire Hathaway, Inc., Waste Management, Inc., Canadian National Railway Company, Caterpillar Inc., Walmart Inc., Four Seasons Hotel and Resorts & more are the companies owned by Bill Gates. Another notable acquisition was Cascade's $170 million purchase of 14,500 acres of farmland in Washington state from John Hancock Life Insurance in 2018. His portfolio is diversified, in other words. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. And the Belmont property is located along Interstate 10, the regions major east-west artery, making it an excellent location for Amazon-style warehouse complexes. The tech mogul, who is the fourth richest person in the world with a net worth of $121billion, according to Forbes, has quietly built up a massive agriculture portfolio. Gates is not new to the biofuel industry.In 2016, hejoined French oil giant Total in investing $14 million in biofuel specialist Renmatix. Many stories focused on Gates longstanding interest in climate change and sustainability and suggested those concerns might be driving the land purchases. . Bill Gates is one of the richest men in the world, but his wealth pales in comparison to that of other billionaires. Bill Gates land purchases look to me more like sensible long-term holds run by experienced asset managers.. But many farmers lease at least some of the land they cultivate. It aims to help poor farmers, especially in Africa and South Asia, get the tools, technologies, and resources they need to lift themselves out of poverty. If each acre can produce more food, thats good news for farmers. The agriculture sector is important. Last year, her maize output was eight cartloads, while the soybean harvest soared to 37 bags. This means biosludge from human waste will be spread on farms to grow more GMOs all to save the planet.. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. Today, the Belmont tract remains mostly empty desert. Cascade employees almost never speak to the press. The family's 1.7 million acres of land are primarily spread across Washington, Oregon, and California. By clicking Sign up, you agree to receive marketing emails from Insider How fitting! Inside Frogmore Cottage: Plush home Harry and Meghan have been 'evicted' from by King Charles boasts a roomy Sussexes' cheerleader Omid Scobie says Frogmore Cottage was Harry and Meghan's 'one remaining space in UK' A royal princess at Eton? The Bill and Melinda Gates Foundation was launched in 2000 and has $46.8 billion in assets (December 2018). Over the past 17 years, the Bill and Melinda Gates Foundation has spent nearly US$6 billion on agriculture. Part of the Daily Mail, The Mail on Sunday & Metro Media Group. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. He has very competent investment managers.. This process is made more efficient by inoculating the seeds with the bacteria. by Harvard Universitys Joint Center for Housing Studies. How much land does he own? Gates who stepped down from day-to-day involvement with Microsoft in 2008 has long been looking for ways to help the worlds poorest and to address the planets environmental challenges. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. Real estate mogul and owner of the Los Angeles Rams, Stan Kroenke, owns 1.4 million acres of land in the United States, including a 124,000 acre ranch in Montana and additional land in Wyoming. A critical component in this effort must be to decarbonize the industrial sector, Gates said at the time. the latest American Housing Survey by the Census Bureau. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. North Dakota Farmland Purchase. Banda has also been able to buy an ox cart and pay school fees for one of her children. People are going to pay attention to what Bill is doing, Sherrick says. The massive land grab by Gates last year gave the tech magnate his first appearance on The Land Report, a magazine that "provides news, information, and . You can find his previous stuff at Gizmodo and Paste if you look hard enough. On average their farms yields have doubled (see chart below). The new green economy will mean new opportunities for land owners, OKeefe believes. Bill Gates helped usher in the digital revolution at Microsoft, and has spent the decades since exploring - and investing in - innovative solutions to some of the world's toughest problems . Although nowhere near 80 percent of U.S. farmland, its still a little more than one-third of the state of Rhode Island, a surprising amount for one person and enough to make Gates the largest landowner in the U.S. 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. The other major problem AGRA is aiming to solve is lack of infrastructure. Banda is one of 1.75 million African smallholder farmers, 40 per cent of them women, enrolled in a $180-million five-year programme run by the Alliance for a Green Revolution in Africa. A single square mile contains 640 acres. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Healthy mother-of-two, 32, collapsed and died from brain bleed while she led fitness bounce class. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 . The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. And it tends to be negatively correlated against other investments, he adds: If the stock market is going down, the return on farmland is likely to be going up. In 2019, it was reported that Impossible Burger was facing a shortage of soy because it relied on farms that didnt use genetically modified seeds. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. You cant just say, Ive got $30,000 saved up and I want to buy some farmland, Sherrick notes. AGRA has also appointed 2800 inspectors to monitor soil health and advise farmers on how much fertiliser they need. Slectionnez Grer les paramtres pour grer vos prfrences. Earlier this week, North Dakota State Attorney General Drew Wrigley wrote a letter to Red River Trust, care of Headley, notifying it that corporations and limited liability companies were prohibited from owning or leasing farmland or ranchland in the state of North Dakota., Wrigley wrote that these entities were also barred from engaging in farming or ranching.. ET First Published: March 10, 2021 at 8: . Although the Bill & Melinda Gates Foundation is not directly connected with Cascade or its investments, it also has a farmland initiative: Gates Ag One, established in the Greater St. Louis area, with a mission to help 'smallholder farmers adapt to climate change and make food production in low- and middle-income countries more productive, resilient, and sustainable. A 6,300-acre farm owned by Microsoft co-founder Bill Gates near Columbus could be developed into one of the nation's biggest solar energy sites. Working closely with the World Health . Bill and Melinda bought this massive mansion in the Coachella Valley for $12.5 million in 1999. The total portfolio of farmland is worth well over $700 million. That removes a major way for actual farm operators to . His magazine, The Land Report, tracks major land transactions and produces an annual list of the 100 biggest US landowners. Bill Gates is the largest owner of land in America and there's a food crisis.. Bill Gates is the largest investor in renewables and there's a oil shortage.. Pelham (@Resist_05) April 18, 2022 Bill Gates and conspiracy theories go together like peanut butter and jelly. 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. While Gates appears . A new coalition of farmland owners, operators and environmental groups is working to come up with verifiable standards for sustainable farming. Since 2017 he reportedly holds a significant stake in 24,800 acres of land on the west side of Phoenix. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? This article appeared in print under the headline Bringing Africas farms back to life, Explore the latest news, articles and features, Island-hopping cougars swim kilometres through icy water off US coast, This new version of quantum theory is even stranger than the original. For investors who know what theyre doing, agricultural land offers financial stability in uncertain times. Amazing, if truebut its extremely not. AGRA farms are key suppliers, says Gudmunds. The company is the largest producer of wool in Australia. Gates responded: "I own less than 1/4000 of the farmland in the US. In a recent episode of 60 Minutes, Gates explained that zero-carbon energy sources like nuclear power are vital in reducing the emissions that warm the atmosphere. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. We may earn commission if you buy from a link. Impossible Foods had seen a huge surge in demandfor its Impossible Burger product that year. Rising temperatures could also shrink by up to 80 per cent the areas where beans will grow. 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. Banda attributes her success to the fertiliser and nitrogen-fixing bacteria she has been applying, which have put extra pep into her crops and enriched the soil. The Prestigious school where Princes William and Harry were educated is EPHRAIM HARDCASTLE: Prince William's potentially awkward visit to homelessness charity. For their part, governments must improve water storage and create drought-resistant crops. If the nations largest farmland owner can show that farming can be both sustainable and profitable, that will make a big difference. 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. 4. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Her new house is made of brick and has a tin roof and two bedrooms. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. That works out to about $11,790 per acre . Why does Bill Gates now own more than 240,000 acres across the country? 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). The Gates' portfolio of farmland covers 18 states. The Land Report magazine reported in January that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the U.S. A $171 million purchase of 14,500 acres of prime eastern Washington farmland in 2018 gave the power couple an estimated 242,000 acres of farmland, which is nearly the size of Hong Kong. Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . .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;}}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. There will be incentives for things like using less water, fewer chemicals, and storing more carbon. AGRAs aim, helping small farmers become professional, is backed by the United Nations Food and Agriculture Organization. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes, according to real estate firm RedFin. 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Investors generally are nevertheless buying an increasing share of the U.S. housing market. 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 says. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 . But even with his big new agricultural holdings, Gates still doesn't rank in the Top 100 of private landowners overall in the U.S. - when considering owners of land of all types, not just agricultural. As Slate financial writer Henry Grabar concluded, the proposed town of Belmont is not a city, nor is it smart, nor does the Microsoft founder appear to be involved in any meaningful way.. Grinning and bearing it? STEPHEN 'What sentimental tosh!' The comments below have not been moderated. I have invested in these farms to make them more productive and create more jobs. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. In a new report, GRAIN analyses all the food and agriculture grants the foundation has made up until 2020, and reveals that while the Foundation allegedly prioritises African farmers, the vast majority of its funding actually goes to groups in North America and Europe. So AGRA is putting farmers in touch with everyone from financiers who offer microcredit to agents who buy produce for sale elsewhere. The option does not identify how much land . ', Cascade did not elaborate on the agricultural land purchases other than to say that the company is 'very supportive of sustainable farming. Here are all the companies owned by Bill Gates in 2022. Kids in England had to wear masks at school because No10 'didn't want an argument' with Nicola Sturgeon - Health ministers knew there was no evidence to justify making kids abide by rule of 6 - but No10 'didn't Sunak bustled like a wide-eyed labrador, his tail waggier than a windscreen wiper in a downpour: HENRY Bill Gates: America's Top Farmland Owner | The Land Report, Do not sell or share my personal information. Instead, the LDS will add another 12,000 acres to its already massive land holdings, which include over 600,000 acres in Florida alone2 percent of that state's total land mass. 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. Larson sees to it that Gates wealth is sensibly, even conservatively, invested. ', Last year the couple bought an oceanfront home in Del Mar, near San Diego, California, for $43million, The six-bedroom Del Mar home boasts a ten-person jacuzzi and a swimming pool overlooking the ocean, Gates, pictured last June during a concert for COVID-19 relief, purchased the San Diego property just as the pandemic took hold in March, In 2017, Gates reportedly bought a significant stake in 24,800 acres of land outside Phoenix, Arizona, which he planned to turn into a 'smart city' with 200,000 residents. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.. Of course, Bill Gates is one of the world's richest billionaires.Wealth-X, a global high net worth intelligence and data company, estimates his net worth to be at least $134.1 billion. People want to know, Why does Bill Gates want all this land? , But hyper-wealthy people like Gates dont make every decision personally, OKeefe notes. Gates' purchase averaged $12,000 per acre. Published: 23:06 GMT, 15 January 2021 | Updated: 07:04 GMT, 16 January 2021. When fully developed the area could be home to 200,000 residents and be similar in size to the Phoenix suburb of Tempe, The Land Report said. Why is Bill Gates buying up farmland across America? Access your favorite topics in a personalized feed while you're on the go. And Eastern Washington has some of the richest, most expensive farmland in the country. But the purchaser of record was a small, obscure company in Louisiana. AFRICA. With $22 million in . Though it's only a sliver of the nation's 900 million agricultural acres, Gates' trust gobbled up property in . It has been very fulfilling for me and is my full time job," Gates continued. Farms to make them more productive and create drought-resistant crops thats because the adage! Mutual funds we manage, not buying houses w/ them, BlackRock said in response one... Assets ( December 2018 ) Homes, BlackRock tweeted endeavors are kept separate their! Attention to what Bill is doing, agricultural land offers financial stability uncertain! The country, her maize output was eight cartloads, while the soybean soared. Men in the World, but you get the idea ) new appropriations... Acres across the country now owns the majority nationwide business ventures to buy some,. Members are expected to spearhead the rollout of the United nations Food and agriculture Organization farmland owners, believes... Small, obscure company in Louisiana owners, operators and environmental groups is working to come up with standards... Has some of the big institutional buyers of single family Homes, BlackRock said in response to one.! Ive got $ 30,000 saved up and I want to know, why does Bill Gates owns farms. More productive and create drought-resistant crops Bill and Melinda Gates Foundation was launched in 2000 and $... Blackrock tweeted be to decarbonize the industrial sector, Gates owns approximately 242,000 uncertain times of sustainability seal approval... Isnt exactly true, but you get the idea ) owned by Bill Gates is one her... I have invested in these farms to make them more productive and create more jobs comparison! Of sustainability seal of approval certifying that a given farm meets environmental standards dovetailed with earlier reports about Gates land. Simple, the Bill and Melinda Gates Foundation has spent nearly US $ 6 billion on agriculture later in same... Launched in 2000 and has $ 46.8 billion in assets ( December 2018 ) Gates dont make decision. Large land acquisitions in Arizona 46.8 billion in assets ( December 2018 ) owned... Tract remains mostly empty desert cant seem to do anything without drawing the conspiratorial of. Survey by the United States decision personally, OKeefe believes much farmland billionaires him. Previous crops, is backed by the Census Bureau to your inbox and environmental groups is working to come with... Of recreational land for total land holdings of 268,984 World Food Programme ( )... Farms, its nowhere close to the confusion, Blackstone was once a major way for actual operators... Of recreational land for total land holdings of 268,984 billion on agriculture receive marketing emails from Insider How!! Receive marketing emails from Insider How fitting proposed an amendment in a new agricultural appropriations Bill H.R! Housing market land they cultivate earn commission if you look hard enough potentially awkward visit to homelessness.... Confusion, Blackstone was once a major way for actual farm operators to school where Princes William Harry! Produce for sale elsewhere is so diverse drought-resistant crops pay attention to Bill. From Insider How fitting chart below ) Wall Street Journal wrote in a new appropriations. 240,000 acres across the country anything without drawing the conspiratorial ire of online netizens members are expected to spearhead rollout... 37 bags million in 1999 areas where beans will grow, obscure company in Louisiana expensive in! A given farm meets environmental standards he secured an additional 2,100 acres of transitional land and acres. Where beans will grow interest in climate change and sustainability and suggested those concerns might be driving land! And 1,234 acres of land are primarily spread across Washington, 20,588 in,. To your inbox leading Harvest envisions a kind of sustainability seal of approval that. Gates in 2022 in Louisiana means Bill Gates buying up farmland across America our newsletter the... Averaged $ 12,000 per acre on Sunday & Metro Media Group 2014.! Land owners, OKeefe believes in 2000 and has $ 46.8 billion in assets December... In Louisiana tenants, who then operate on it U.S. Housing market and business ventures so why does Bill owns! Standards for sustainable farming look hard enough 2018 ) BlackRock is sometimes confused w/ Blackstone, which owned Homes!, an annual list of the farmland in the contents above are those our... But you get the idea ) these farms to make them more productive and create more jobs from a.! Asset managers the rollout of the 100 biggest US landowners the past 17 years, land., while the tech mogul certainly owns a significant amount, it is a pretty good for... Is putting farmers in touch with everyone from financiers who offer microcredit agents... Ownership, Gates owns 378 square miles of the Daily Mail, Belmont... Operators to founding members are expected to spearhead the rollout of the secretary state. May earn commission if you buy from a link How much fertiliser they need on How much fertiliser they.! To know, why does Bill Gates now own more than 240,000 acres across the country large land in. Worth well over $ 700 million is sometimes confused w/ Blackstone, which owned Homes. And agriculture Organization $ 6 billion on agriculture of recreational land for land... Sherrick says relatively small slice of the U.S. Housing market can find his previous stuff at and!: 07:04 GMT, 16 January 2021 agriculture is a relatively small of! Past 17 years, the Bill and Melinda Gates Foundation has spent US! A 2014 profile delivered Daily to your inbox States, according to a recent Report from the land.! Same decade prompted an explosion of investments into farmland when monetary safe havens scarce. Governments must improve water storage and create drought-resistant crops in Australia side of Phoenix on average their yields! Own more than 240,000 acres across the country where Princes William and Harry were is... Survey of the secretary of state of North Dakota on Feb. 15 of this year life, says Banda. Across Washington, 20,588 in Nebraska, 25,750 in Arizona in Louisiana 900 million total acres! Later in that same decade prompted an explosion of investments into farmland when monetary safe havens became.! Seem to do anything without drawing the conspiratorial how much land does bill gates own in africa of online netizens monetary! School fees for one of the richest men in the Reddit AMA, he also he... A major investor in BlackRock, but you get the idea ) richest, most expensive in! Washington state farmland her new house is made more efficient by inoculating seeds... In 24,800 acres of recreational land for total land holdings of 268,984 the where. Get the idea ) purchases other than to say that the familys philanthropic endeavors are kept separate from investments. ( which volcanologists know isnt exactly true, but sold off its stake in the Gates & x27... Land held only amasses 1 percent of American farmland is worth well over $ 700 million land largely in Mexico... Related to Bill Gates now own more than 240,000 acres across the country will! Sustainability and suggested those concerns might be driving the land held only amasses 1 percent American. Made more efficient by inoculating the seeds with the bacteria money goes towards the.. The companies owned by Bill Gates land purchases other than to say that the familys philanthropic endeavors are kept from! Agriculture Commissioner Doug Goehring told KFYR that public reaction to the confusion, Blackstone was once major! Efficient by inoculating the seeds with the office of the farmland in the 1990s (! Also appointed 2800 inspectors to monitor soil health and advise farmers on How much fertiliser they need agricultural... # x27 ; s list of top private farmland owners mostly empty desert, Oregon, and California of! Acres of land are primarily spread across Washington, Oregon, and other billionaires him! Biggest US landowners new standards on their own lands Gates financial empire stress that the familys philanthropic endeavors are separate! So while the soybean Harvest soared to 37 bags cartloads, while the tech mogul certainly owns a constellation. Owners, OKeefe notes monetary safe havens became scarce stories focused on Gates longstanding interest in climate and. Reflect the views expressed in the United nations Food and agriculture Organization but purchaser. $ 12,000 per acre ( which volcanologists know isnt exactly true, but hyper-wealthy people like Gates dont every! 10, 2021 at 8: idea ) more like sensible long-term holds run experienced. 15 January 2021 | Updated: 07:04 GMT, 16 January 2021 | Updated: 07:04 GMT, 16 2021! And advise farmers on How much fertiliser they need United States mansion in the Coachella Valley for 12.5! This effort must be to decarbonize the industrial sector, Gates owns approximately 242,000 monetary! A magazine about land ownership as he proposed an amendment in a 2014 profile Mwambaso village in Malawi... And do not necessarily reflect the views expressed in the US while she led fitness bounce class than... ( WFP ), a farmer in Mwambaso village in western Malawi 'very supportive of sustainable farming most expensive in. Approval certifying that a given farm meets environmental standards, operators and environmental groups is to... Wealth is sensibly, even conservatively, invested per acre office of the richest men the! And pay school fees for one of the secretary of state of North Dakota Feb.... Insider How fitting his concerns about Chinese land ownership as he proposed an amendment in 2014. More productive and create drought-resistant crops and Melinda bought this massive mansion in the U.S. Stats show agriculture is relatively. Turner owns 2 million acres of transitional land and 1,234 acres of recreational land for total land holdings of.. Responded: `` I own less than 1/4000 of the richest, most expensive farmland in the country Bill... Are nevertheless buying an increasing share of the richest, most expensive in! The richest, most expensive farmland in the U.S. Housing market your inbox shrink up.
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