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His . 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 speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. Estes, Nick. The transitional land he owns in Arizona is reportedly being built into a suburb. How Much U.S. Farmland Does China Really Own? More Than Bill GatesAnd 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. 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. Report: Bill Gates is largest owner of private farmland in U.S., with Essentially, by year 2030, the estimated results of what carbon emissions (and their effect on the environment) will look like in 2050 will be decided in full. Does Michigan Allow Personal Tax Exemptions? 3. With all of this recent farmland accumulation, one might think Gates is using this land to research these gene edited super seeds. Does Bill Gates Own the Majority of US Farmland? - Snopes Agfundernews.com, a website about agricultural investments, reported in 2021 that Gates' investments were part of a broader trend that started after the financial crisis of 2008, as investors looked for reliable returns. Bill Gates reportedly owns more farmland than anyone else in the United States. State law prohibits corporations, LLCs, and trusts from farming or ranching activities. Bill Gates Is the Biggest Private Owner of Farmland in the United States. Bill Gates is the biggest private owner of farmland in the United 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. Youre not investing in a building that will decay over time, but the rich farmland itself. Gates said during a Reddit AMA: My investment group chose to do this. Gates responded: "I own less than 1/4000 of the farmland in the US. Some are near cities and might end up having other uses.". A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley. (here). In 2018, Michigan produced 297 million bushels of corn grain, worth $1 billion. Bill Gates Finds Farmland To Be One Hot Commodity 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. Now Chinese companies and businessmen are planning to make their home in the United States. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . Read more about our work to fact-check social media posts here . The . Bill Gates Finally Explains Why He's Buying So Much U.S. Farmland Sign up for notifications from Insider! 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. He has been buying thousands of acres across America. Recently, an article in Land Report stated that Bill Gates owns more American farmland than anyone else. 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. In the past, Gates has invested in companies developing artificial or plant-based alternatives to meat, and he is currently the countrys largest private farmland owner, according to The Land Report, a magazine that surveys the countrys largest landowners annually. Is Gladstone Land Corp (LAND) A Good Investment? But unlike those men, Gilbert has plans to redevelop his properties and not just sit on them. Bill Gates explains why he buys so much farmland Download free guide with advice for beginners. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. The tide began to shift in the early 2000s, when institutional investors began to give farmland a closer look. Where Does Bill Gates Own Farmland in the US. Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. Gates appears to be pro-chicken farming. 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 . Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. Those people are upset, but there are others that are just livid about this.. That purchase of Plum Creek makes Weyerhaeuser the largest private landowner in Michigan, as of now. "It is not connected to climate. Bill Gates owns massive parcels of farmland. Earlier this week,North Dakota State Attorney General Drew Wrigley wrote a letter to Red River Trust, stating that its corporations and LLCs were prohibited from owning or leasing farmland or ranchland in the state of North Dakota. Wrigley added that these entities were banned from engaging in farming or ranching.. 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). 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. 727-821-9494. stated on January 22, 2023 in an Instagram post: The U.S. chicken and egg shortage is linked to Bill Gates. The old saying about land is they aren't making any more of it. Supply and demand? Owning farmland is one of the most prudent financial investments to make now. 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 . False. Thus, before we answer these questions, we are going to provide a brief summary of his financial history. Why am I just learning about this NOW?. - Farmland Riches where is bill gates' farmland in michigan. According to a 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the United States. Who is the largest farmer in the United States? Farmland originally appeared on Benzinga.com. Bill Gates Becomes the Largest Farmland Owner in the United - People The publication named Gates the countrys largest private farmland owner in 2020, 2021 and 2022. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. 2022. 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. How long is it from Michigan to Detroit? Nebraska has the third-most Gates-owned farmland in the nation. #1. Billionaire philanthropist and Microsoft Corp. co-founder Bill Gates has found himself at the center of yet another online conspiracy theory. Bill Gates: Americas Top Farmland Owner | The Land Report. Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. Bill Gates Is America's Largest Private Owner of Farmland - Breitbart What Land Does Bill Gates Own In Michigan? - PartyShopMaine Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. During his 11th appearance in the "Ask Me Anything" . Farmland is what is known as an alternative asset an investment that can grow wealth outside of the stock market. Bill Gates gobbling up Florida farmland | News | sharonherald.com While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. It reported that as of 2022, Gates owned about 248,000 acres of farmland. Bill Gates is about to change the way America farms 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. The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. 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. Costs are expected to fall in the coming weeks as egg-laying flocks are restored. What Part Of Michigan Is Considered The Upper Peninsula? Gates' interest in farmland is still strong. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. Top editors give you the stories you want delivered right to your inbox each weekday. Another meme circulating online reads: Bill Gates is buying all the farmland. Gates has a big vision for all that land, but unfortunately it doesn't involve organic, biodynamic or regenerative farming methods, which are needed to heal ecosystems and produce truly sustainable, nourishing food for future generations Hint, It's Not Bill Gates, Bezos-Backed Startup Lets You Become A Landlord With $100, Try the tool that will help you invest smarter, faster, and better, Bill Gates Finally Explains Why He's Buying So Much U.S. 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. Water bills are soaring in some areas as infrastructure deteriorates, a recent University of Michigan study found. 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 isless than .1% of all US farmland because the ownership is so diverse. Accessed 28 Apr. An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. 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). 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. As more investors look to buy land, those who got in earlier are poised to benefit from the appreciation of the land value. Bill Gates buys farmland in Amish Country. These allow investors to get stared with as little as $10,000. How can this inform our personal investment decisions? By clicking Sign up, you agree to receive marketing emails from Insider How Many Hours Is It From Detroit To Michigan? Why Bill Gates is the largest private farmland owner in the United Social media users are falsely claiming that Gates owns the majority of U.S. farmland. 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). 28. Bill Gates owns a lot of farmland. | Iowa Hawkeyes fan forums - Go Iowa Bill Gates-Linked Trust Probed For Buying Up Farmland In North Dakota 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . Follow him on Twitter@LucasNolanor contact via secure email at the addresslucasnolan@protonmail.com, EconomyPoliticsTechBill GatesFarmersfarmlandNorth Dakota. Just over 70% of these were owned by individual investors. 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). The Gates Foundation has seen steady success and growth since their launch, funding science, research, agriculture and education. In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. Since it works as an investment for him, it also includes the benefits of using land as an . Gates private office, Gates Ventures, told PolitiFact this claim is false. Farm Gates - Ohio Ag Net | Ohio's Country Journal 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. 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. Why Is Bill Gates Buying Farmland? You'll be Surprised I have written several articles on postings related to Big Tech, Social Media and Corporations. 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. The 2,100 acre potato farm adds to his massive portfolio of farm investments. One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. Gates owns less than 1% of the nations farmland. As per the report, the Gates have their own land in at least 18 American states. 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. He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. Try the tool that will help you invest smarter, faster, and better. 801 3rd St. S Returns from farmland have actually outpaced the stock market in recent years with significantly less volatility. This informational is by no means a promotion, solicitation, or recommendation of any specific investment. The timeline of events leading to the shortages, claim multiple Instagram posts, goes like this: "2013: Bill Gates invests (in) plant-based eggs, poultry, and meat", "2021: Bill Gates becomes the largest private farmland owner in the U.S.", "2021-2023: Mass chicken and egg shortages hit American farms", The Gateway Pundit, a conservative website, shared a similar claim. However, Microsoft wasn't Bill Gates' only successful venture. Who is the largest landowner in the world? That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. Neither of these are a perfect option. Bill Gates gobbling up Florida farmland; investment arm recently paid $28M for 4,500-acre tract. 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. Bill Gates' farmland purchase raises red flags Gates-affiliated ownership covers vast swaths of farm and timberland, estimated to be 69,071 acres in all by niche land ownership publication The Land Report. Oversight," June 15, 2018, The Chicago Tribune, "Chicken nuggets and cream cheese grow in trays in a South Side lab. A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is. Farmland in am. 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.. Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. Bill and Melinda Gates own 70,000 acres of Louisiana farmland; what Here's why the ultra-wealthy like Bill Gates and Thomas Peterffy are 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. stated on February 26, 2023 a video on Facebook: stated on February 15, 2023 a photo on Facebook: stated on January 29, 2023 a video on Facebook: stated on February 5, 2023 an Instagram post: stated on January 27, 2023 a video on Facebook: stated on January 22, 2023 an Instagram post: stated on January 16, 2023 a photo on Facebook: stated on January 12, 2023 a photo on Facebook: stated on November 6, 2022 an Instagram post: stated on October 26, 2022 a post on Instagram: stated on October 12, 2022 an Instagram post: stated on October 9, 2022 a Facebook post: stated on March 3, 2023 in a Conservative Political Action Conference speech: stated on February 19, 2023 in a Facebook post: stated on February 24, 2023 in an Instagram post: stated on March 2, 2023 in a speech at CPAC: stated on February 25, 2023 in a Facebook post: stated on February 22, 2023 in a Facebook post: stated on February 26, 2023 in an Instagram post: stated on February 27, 2023 in a Facebook post: All Rights Reserved Poynter Institute 2020, a 501(c)(3) nonprofit organization. St. Petersburg, FL Officially, the general public doesnt know exactly what Bill Gates growing farmland estate is being used for. 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.

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