See here for a complete list of exchanges and delays. According to a 2022 report from the U.S. Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the U.S. Gates owns roughly 242,000 acres, about 0.03% of the total. Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. Avian flu is highly infectious, can spread rapidly from flock to flock, and can often kill chickens. 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. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. 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. Billionaire Bill Gates explains why he buys a lot agricultural land - Photo: BENZINGA. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Social media post scrambles the facts on high egg prices, Gateway Pundit, "Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage," Jan. 24, 2023, PolitiFact, "What Bill Gates has to do with livestock, lab-grown meat," May 18, 2020, PolitiFact, "Eggflation? Gates does own a lot of farmland. Where Does Bill Gates Own Farmland in the US. AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. stated on February 13, 2023 in a Facebook post, Gates investments in plant-based meat and farmland. The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. Your membership is the foundation of our sustainability and resilience. AcreTrader has carved out a niche for themselves that has led to rapid market dominance. Corn production is concentrated in the Lower Peninsula with Saginaw and Lenawee counties as Michigans largest producers. "It is not connected to climate. Bill Gates and conspiracy theories go together like peanut butter and jelly. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . Who is the largest farmer in the United States? The explanation offered by conspiracy theorists for this untrue claim was that these fires were being intentionally set in order to create a food crisis. No, its the Roman Catholic Church. In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. 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. Gates farmland now totals 242,000 acres. 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). Table of Contents show Does Michigan Allow Personal Tax Exemptions? 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. 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. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. Cascade Investment began purchasing farmland in significant strides in 2013. While private companies and corporations are increasing their ownership of U.S. homes, BlackRock, through its investments, does not own a majority of single-family homes. Recently, an article in Land Report stated that Bill Gates owns more American farmland than anyone else. Gates started purchasing farmland circa 2013 through his investment group, Cascade Investments. The U.S. Federal Government. The publication named Gates the countrys largest private farmland owner in 2020, 2021 and 2022. In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. The transitional land he owns in Arizona is reportedly being built into a suburb .. Gates owns less than 1% of the nations farmland. Eggs have become expensive and scarce in some parts of the country. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. Document shows Rebekah Jones demonstrated a violation of Floridas Whistleblower Act. North Dakota officials have questions and residents are furious about a major land grab by a trust linked to billionaire and anti-meat zealot Bill Gates, the nation's biggest owner of farmland. Microsoft co-founder Bill Gates is America's top private farmland owner. One main benefit to alt assets especially for those whore heavily invested in the stock market is, another scenario where more traditional assets like stocks and, Also, because youre investing in the land itself, your investment not only is quite resistant to depreciation, but also provides some, Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that, American farmland produces a lot of exports, exposing you to political risks, Its a little harder to break into farmland than other assets, though this is changing, In the same way you can invest into ETFs (Exchange Traded Funds) in the stock market, there exist similar products for farmland called, Bill and Melinda released their latest initiative, , While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. By clicking Sign up, you agree to receive marketing emails from Insider Louisiana is the top state. Not all of these owners are American; in fact, the portion of farmland that is foreign-owned has grown about 60 percent in the last decade, from 22 million acres in 2009 to 35.2 million . The agriculture sector is important. 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. 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 . Featured in the agricultural side of their plan is a strategy for subsistence farmers and other small-acre farms in Africa and the developing world education, resources, and layaway payment plans which can be used through smartphones. Oct 22, 2014. Perhaps Bill Gates is looking to test out his GMO seeds. In Washington, the duo owns more than 14,000 acres of farmland that includes potato . 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. Gates and his investment team own more than 240,000 acres, as reported by OKeefe, including 2,167 acres in Michigan. It isless than .1% of all US farmland because the ownership is so diverse. Is this just a regular investment move, made on a large scale? The agriculture sector is important," Gates wrote. Stay up to date with what you want to know. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. While much of this land was transferred to the new state of Hawaii in 1959, the federal government did keep some. The old saying about land is they aren't making any more of it. Supply and demand? The . Bill Gates, and the Chinese, are not just buying up farm land for that purpose. China has steadily accumulated U.S. Treasury securities over the last few decades. Bill Gates (AP Images) Bill Gates is buying up America's farmland. 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. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. Bill Gates buys farmland in Amish Country. The North Dakota purchase would put those total holdings at more than 270,000 acres, though it's not clear how the property is being divided following Gates and French Gates' divorce last year. 2022. The mogul's holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. Access your favorite topics in a personalized feed while you're on the go. "Those people are upset, but there are others that are just livid about this.". 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . 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. Now Chinese companies and businessmen are planning to make their home in the United States. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? Farmland Riches, LLC and the owners may have investments in companies represented on the AcreTrader platform. However, there are also countless farmland investing platforms gaining traction now too. 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 his 11th appearance in an Ask Me Anything (AMA) session on Reddit. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. In fact, Gates is the owner of over 270,000 acres of farmland, which is worth over $700 million! In 1994, Bill Gates opened up his family office, Cascade Investment LLC, with trusted wealth manager Michael Larson. In January 2021, Bill Gates became the largest owner of farmland in the United States. Farmland as an investment offers low volatility. 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. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions. 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. Bill Gates owns almost as much U.S. agricultural land as China at 248,000 acres, . Any why now after years of massive success? Roman Catholic Church: 70 million hectares The largest landowner in the world is not a major oil magnate or a real estate investor. 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. BlackRock is a shareholder in both companies (here) (here). According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. 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. Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became the largest private foundation in history. 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. Zu den grten Gates-Unternehmen zhlen etwa Betriebe mit 27.952 Hektar in Louisiana, 19.395 Hektar in Arkansas, 10.420 Hektar in Arizona, 8.331 Hektar in Nebraska und 6.514 Hektar im Bundesstaat. The figure is far below the total area of U.S. farmland. 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. According to 2021 article from the Land Report, a magazine about land. Microsoft founder Bill Gates and his wife Melinda have amassed the largest portfolio of private farmland in the US, according to The Land Report. The buyer, Red River Trust, is tied to Bill Gates, the largest farmland owner in the US. We may earn commission if you buy from a link. It's hard to visualize just how much land 242,000 acres amounts to unless . Gates' farmland purchases, which have mostly been made in the last five years, started in 2017 when he bought $520 million of farmland spread over five dozen properties from the Canada. How Long Can You Be Held Without Bond In Michigan? Our Standards: The Thomson Reuters Trust Principles. It was a cold January day in 2021 when Eric O'Keefe, editor and founder of The Land Report, walked up to the podium at the Land Expo in Iowa and announced Bill Gates as America's largest individual farmland owner.He learned this after investigating Gates' purchase of the 100 . Oftentimes, those fingers get pointed at Gates. Interestingly enough, though the Bill and Melinda Gates Foundation is working on this agriculture initiative. 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. Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? In January 2021, Bill Gates became the largest owner of farmland in the United States. Bill Gates: Americas Top Farmland Owner | The Land Report. The 2,100 acre potato farm adds to his massive portfolio of farm investments. (here). . Neither of these are a perfect option. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. Age Requirements Most ordinances require, Huckleberries are small bright blue, or dark blue, or black berries which grow wild near marshes in Michigan. However, this practice of buying up agricultural land predates Bill Gates and has been a popular investment for the super-rich since at least the early 2000s. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. How Old Do I Have To Be To Go To A Strip Club In Michigan? "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. 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. (here). (here) (here). Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. Think about how much Bill Gates would have lost if he hadn't diversified in 1999. (AP). If youve been on the fence about getting into farmland, maybe now is the time to reconsider. Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 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. These claims are not true. Starting in 2013, Gates began investing his billions (through the firm Cascade Investment) in agriculture because of its steady increase in value and low volatility. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Estes, Nick. Since 2020, Gates has held the title of the nations largest private farmland owner, per The Land Report. The Bureau of Labor Statistics latest update shows egg prices rose 60% over the last year. 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. This, combined with holiday demand and continued coronavirus pandemic-related supply-chain pressures, have affected the market. Gates and his wife own 269,000 acres of farmland. - Farmland Riches where is bill gates' farmland in michigan.
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