Bill Gates Buys Farmland in Amish Country - YouTube Bill Gates gobbling up Florida farmland; investment arm recently paid $28M for 4,500-acre tract. There were 895.3. False. Bill Gates, and the Chinese, are not just buying up farm land for that purpose. Today, Bill Gates owns 242,000 acres of farmland in 19 states. KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. Many people wonder why Bill Gates would make these moves with his investment portfolio. No, its the Roman Catholic Church. While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. Water bills are soaring in some areas as infrastructure deteriorates, a recent University of Michigan study found. By Dec. 31, 2022, the Agriculture Department reported 43 million egg-laying hens had died because of the disease or depopulation. Bill Gates Top Farmland Owner in US | Newsmax.com 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.. 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. He recently tried to explain why, and it was a little hard to follow. Bill Gates Defends Farmland Purchases: 'There Isn't Some Grand Scheme' A $13.5 million purchase of a North Dakota potato farm is drawing outrage and legal scrutiny. 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. Michigan. Is Gladstone Land Corp (LAND) A Good Investment? Reuters traced the figure cited by social media posts as the number of acres owned by Bill Gates to The Land Report, which reports on major land ownership in the United States. Why am I just learning about this NOW?. An entity linked to billionaire Bill Gates has reportedly purchased 2,100 acres of potato farmland in northern North Dakota angering local residents. Your membership is the foundation of our sustainability and resilience. His . Climate Connection. In a world of wild talk and fake news, help us stand up for the facts. 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. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions. 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. 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). Bill Gates owns massive parcels of farmland. 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 . In fact, Gates is the owner of over. Other examples can be seen (here), (here). As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. The 2,100 acre potato farm adds to his massive portfolio of farm investments. 801 3rd St. S Benzinga does not provide investment advice. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . The controversy over Bill Gates becoming the largest private farmland owner in the US People are drawing connections between Gates's vast farmlands and climate change advocacy. Roman Catholic Church: 70 million hectares The largest landowner in the world is not a major oil magnate or a real estate investor. Partnering with Monsanto to create these super seeds is also part of the plan. Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. .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. The Bill & Melinda Gates Foundation is focused partly on agricultural development to support farmers in sub-Saharan Africa and South Asia. Breitbart News previously reported that Gates is Americas largest private owner of farmland. Thus, in Gates mind, its extremely important to help empower these developing peoples before that year comes to fruition. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. The agriculture sector is important," Gates wrote. 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. These states include: Arizona - 25,750 acres; Arkansas - 47,927 acres . as well as other partner offers and accept our. How Much Land Does Bill Gates Own? | askBAMLand Download free guide with advice for beginners. In April 2022, conspiracy theorists insinuated that billionaire Bill Gates was buying up "the majority" of American farmland as part of a diabolical plot to cause widespread food shortages. The Gates Foundation has focused their efforts on alleviating the aftermaths of climate change since its founding. "Those people are upset, but there are others that are just livid about this.". In January 2021, Bill Gates became the largest owner of farmland in the United States. Because of this crucial factor inherent to farmland, it also tends to provide better, consistent returns during times where inflation rises another scenario where more traditional assets like stocks and real estate suffer in. Heres why. Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. Here in Michigan, roughly 1.35 million acres of ag land is held by foreign investors and nearly 90% of this land is in forests. 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. Is Farmland Partners (FPI) A Good Investment? 20006, Florida 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. AcreTrader has carved out a niche for themselves that has led to rapid market dominance. Farmland REITs have a high degree of correlation with the overall stock market, and returns tend to be lower than less liquid farmland investments. 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. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. In reality, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal. 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. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". The transitional land he owns in Arizona is reportedly being built into a suburb. Bill Gates Uses Farmland as Investment Vehicle, Owning 269,000 Acres of Land. NBC News, https://www.nbcnews.com/now/video/bill-gates-is-nation-s-largest-farmland-owner-114566213692. This is because of more intense seasons of drought and rain. The transitional land he owns in Arizona is reportedly being built into a suburb .. 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. Bill Gates is the biggest private owner of farmland in the United But unlike those men, Gilbert has plans to redevelop his properties and not just sit on them. Louisiana is the top state. Gates private office, Gates Ventures, told PolitiFact this claim is false. . 727-821-9494. stated on January 22, 2023 in an Instagram post: The U.S. chicken and egg shortage is linked to Bill Gates. See here for a complete list of exchanges and delays. St. Petersburg, FL The figure is far below the total area of U.S. farmland. These allow investors to get stared with as little as $10,000. By Rebecca . In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. 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. In addition to farmland, the Gates' portfolio includes numerous public investments, the Gates Foundation, a major stake in the Four Seasons Hotel, and much more. 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. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. You're looking into Bill Gates' Red River Trust purchase of . Bill Gates now the biggest owner of farmland in the US Bill Gates is well-known for building Microsoft, but it's a lesser-known fact that he's also the biggest private landowner in the US. Farmland is what is known as an alternative asset an investment that can grow wealth outside of the stock market. Access your favorite topics in a personalized feed while you're on the go. It's not part of his plans to save the planet. Oversight. However, Microsoft wasn't Bill Gates' only successful venture. 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. In 2018, Michigan produced 297 million bushels of corn grain, worth $1 billion. Other factors are pandemic-related supply chain issues andholiday demand. China has steadily accumulated U.S. Treasury securities over the last few decades. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. (Read more about our partnership with Meta, which owns Facebook and Instagram.). The Agriculture Department has said the avian flu outbreak in the U.S. is the main contributor to low inventory and high prices. Why Is Bill Gates Buying Farmland? How Much Does He Own? - Farmfolio In fact, he reportedly owns more farmland than any other individual in America. 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 . Snopes and the Snopes.com logo are registered service marks of Snopes.com. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. With her 6.6 billion acres, Elizabeth II is far and away the worlds largest landowner, with the closest runner-up (King Abdullah) holding control over a mere 547 million, or about 12% of the lands owned by Her Majesty, The Queen. Who are the biggest absentee landowners in Illinois? Bill Gates gobbling up Florida farmland | News | sharonherald.com Gates responded: "I own less than 1/4000 of the farmland in the US. 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. One of the most prevalent claims related to Gates and the potential for food shortages is that the billionaire owns a suspicious amount of farmland in the United States. Gates' interest in farmland is still strong. Other noteworthy farmland investors include Ted Turner and Thomas Peterffy. Gates owns almost 9,000 acres in Ohio, just over 9,000 acres in Indiana, nearly 18,000 in Illinois, but only 552 acres in Iowa.
Pga Tour Latin America Qualifying: 2022 Results,
Examples Of Independent And Dependent Variables In Healthcare,
Louis Spaghetti Sauce Recipe Knoxville Tn,
Princecraft Boats For Sale,
Ronald Borge Biography,
Articles W