You can find his previous stuff at Gizmodo and Paste if you look hard enough. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Youre not investing in a building that will decay over time, but the rich farmland itself. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. While BlackRock does not directly own single-family houses, as the worlds largest asset manager (here), it owns stock in companies that do. Our Standards: The Thomson Reuters Trust Principles. Climate Connection. Purchasing your own farm outright means that you are not diversified across many farms; just 1. The billionaire is one of the founders of the Giving Pledge, which asks the world's wealthiest people to give away most of their fortunes to charitable causes. Are you ready for alternative proteins made from a volcanic microbe?," March 24, 2020, NPR, "Why Bill Gates Is Investing In Chicken-Less Eggs," June 13, 2013, CNN, "Memphis Meats raised $161 million to grow meat from cells," Jan. 22, 2020, Insider, "Bill Gates and Richard Branson backed a food startup which grows meat in labs," Aug. 23, 2017, CNBC, "How Beyond Meat became a $550 million brand, winning over meat-eaters with a vegan burger that bleeds'," Jan. 21, 2019, Quartz, "Bill Gates headlines an all-star list of investors pumping $75 million into meatless burgers," Aug. 2, 2017, CNBC, "How Impossible Burgers simple vision won hundreds of millions in funding and backing from Bill Gates," March 7, 2019, The Washington Post, "Egg prices havent come down with inflation. Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that farmland returns historically out performs most other investment vehicles, and is also comparatively the least volatile asset among the bunch. Gates farmland now totals 242,000 acres. AcreTrader is one of the most well-established farmland crowdfunding platforms out there. Who knows. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. However, Microsoft wasn't Bill Gates' only successful venture. 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. to not use their land, is working towards their real agenda. The tide began to shift in the early 2000s, when institutional investors began to give farmland a closer look. Drinking or using tap water treated with chlorine is dangerous because chlorine is a poison., Obama imposed stricter rules on trains carrying toxins. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. The publication named Gates the countrys largest private farmland owner in 2020, 2021 and 2022. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. Hint, It's Not Bill Gates. It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks. 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. 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. In fact, Gates is the owner of over 270,000 acres of farmland, which is worth over $700 million! How Many Hours Is It From Detroit To Michigan? Gates does not own the majority of U.S. farmland. It reported that as of 2022, Gates owned about 248,000 acres of farmland. 1995 - 2023 by Snopes Media Group Inc. Invitation Homes, for example, has approximately 80,000 homes for lease across the country and is the largest landlord for single-family homes in the United States (here) (here). 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. 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. 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. 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. During the COVID-19 pandemic, vaccine-hesitant Americans were inundated with false rumors claiming that Gates was putting microchips into vaccines, that he was working on a mind-altering vaccine, that Gates had input tracking devices into vaccines, and that he once called for vaccinations as a way to depopulate the planet. Gates does own a lot of farmland. The other major crops oats and forages are mostly fed to livestock on farms in the area. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? Recently, an article in Land Report stated that Bill Gates owns more American farmland than anyone else. State law prohibits corporations, LLCs, and trusts from farming or ranching activities. 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. He was right when he predicted the COVID-19 epidemic in 2015. as well as other partner offers and accept our. The . The state is investigating the purchase of potato farmland by the Gates-linked trust, with the states Attorney General writing in a letter that it wasprohibited from owning or leasing farmland or ranchland in the state of North Dakota.. An archived version of the tweet can be found (archive.ph/8Tq36). The Michigan State University shooter is a 21-year-old man named Lynn Dee Walker. Farmland as an investment offers low volatility. Perhaps history is repeating itself? China has steadily accumulated U.S. Treasury securities over the last few decades. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Breitbart News previously reported that Gates is Americas largest private owner of farmland. Thetech billionaire owns69,071 acres inLouisiana,47,927 acres inArkansas, and 20,588 acres inNebraska. The biggest chunks of Gates' holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlet's research found. 2023 Benzinga.com. 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. 28. Read next:Bezos-Backed Startup Lets You Become A Landlord With $100. If youve been on the fence about getting into farmland, maybe now is the time to reconsider. How old do you have to be to strip? "I've gotten a big earful on this from clear across the state, it's not even from that neighborhood," Doug Goehring, the state's agricultural commissioner, told a local NBC affiliate this week. District of Columbia Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. . #1. But unlike those men, Gilbert has plans to redevelop his properties and not just sit on them. Mar 4, 2009. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. 2022. Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. 22. Accessed 28 Apr. Microsoft co-founder Bill Gates is America's top private farmland owner. According to 2021 article from the Land Report, a magazine about land. The total portfolio of farmland is worth well over $700 million. According to a January 2021 article by The Land Report, Gates owned 242,000 acres of farmland through two investment management firms - Cottonwood Ag Management and Cascade Investment (here). 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. 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. 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. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. What they are doing locking up land, not just private land, but in Wilderness Areas, National anything to do with land, Conservation programs that literally pay farmers, dairymen, etc. 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. 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. Is Gladstone Land Corp (LAND) A Good Investment? The transitional land he owns in Arizona is reportedly being built into a suburb .. Gates' interest in farmland is still strong. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. False. The main factor driving the nationwide price hikes and supply shortages, according to the U.S. Department of Agriculture, is a U.S. avian influenza, or bird flu, outbreak. The $13.5 million sale in November of roughly 2,100 acres in the northeast corner of the state was first sleuthed and reported by AgWeek's Mikkel Pates earlier this month. Please let us know if you're having issues with commenting. Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. Billionaire philanthropist and Microsoft Corp. co-founder Bill Gates has found himself at the center of yet another online conspiracy theory. According to lovemoney.com, the church owns more than 70 million hectares. Amazon founder Jeff Bezos . How much land does Russia own in the United States? 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. Social media posts blame Gates investments in plant-based meat alternatives and his status as the nations largest private farmland owner for triggering the countrys current chicken and egg shortages. Nancy Pelosi (purchased) 10,000 shares of Amgen, manufacturer of Nplate, a drug used to treat radiation sickness.. 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. These posts were flagged as part of Instagrams efforts to combat false news and misinformation. This informational is by no means a promotion, solicitation, or recommendation of any specific investment. Bill left most of his professional work at Microsoft at this time to work with Melinda and the foundation. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. Avian flu is highly infectious, can spread rapidly from flock to flock, and can often kill chickens. 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. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn . These states include: Arizona - 25,750 acres; Arkansas - 47,927 acres . By Rebecca . Either that or I had a screw loose. In this short period of time, there was a proliferation in funds that were specifically focused on farmland investing. This material may not be reproduced without permission. 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 . Chinas American agricultural land holdings have increased over tenfold in the last decade, and at the beginning of 2020, investments from China held $2 billion of American agricultural land. Washington, DC There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. This, combined with holiday demand and continued coronavirus pandemic-related supply-chain pressures, have affected the market. He responded that it was a decision his investment group made. He owns 242,000 acres, which is equivalent to the area of Fannin County GA. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. He recently tried to explain why, and it was a little hard to follow. 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). Michigan. Gates and his investment team own more than 240,000 acres, as reported by OKeefe, including 2,167 acres in Michigan. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. The U.S. Federal Government. When it comes to alternative assets, there are a few options investors can look at such as real estate, fine art, foreign stocks, cryptocurrencies, even NFTs (verdict still out on them).