22. Bill Gates-Tied $13M Farmland Purchase Angers North Dakotans 2022. Why Farmers Are Worried About Bill Gates (And Other Non-Farming Land There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". Why? It's hard to visualize just how much land 242,000 acres amounts to unless . As of 2020, industry reports show he owned about 0.027% of U.S. farmland. 309. Why Bill Gates Is Investing Big Time In Farmland Across Washington And The Country - Northwest Public Broadcasting About Contact Us Coverage Area Our Staff Work With Us Report an Outage Station News Latest Station News Connect Archives Our Stories Download NWPB App TV Schedules Channel Guide Online Schedules Download Schedules Local Programs "Those people are upset, but there are others that are just livid about this.". But the fact remains, as the Daily Mail notes, Gates computer "nerd" and vaccination enthusiast "has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18 states.". 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. Gates does own a lot of farmland. In January 2021, Bill Gates became the largest owner of farmland in the United States. 2,167 acres. While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. Since 2020, Gates has held the title of the nations largest private farmland owner, per The Land Report. Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. Bill Gates' North Dakota Farmland Purchase Approved by the - AgWeb 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. Breitbart News reporter Alana Mastrangelo wrote: Gates is now America's largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according to the Land Report. Officially, the general public doesnt know exactly what Bill Gates growing farmland estate is being used for. Why doesnt everyone just invest in farmland then? A spokesperson for Gates also told Reuters the claim that Gates owns the majority of U.S. farmland was false, pointing to the USDA figures. Bill left most of his professional work at Microsoft at this time to work with Melinda and the foundation. Bill Gates Finds Farmland To Be One Hot Commodity He also reportedly owns about 16,000. AcreTrader has carved out a niche for themselves that has led to rapid market dominance. Gates has been asked about his farmland purchases before. The Gates Foundation has focused their efforts on alleviating the aftermaths of climate change since its founding. Bill Gates is the biggest private owner of farmland in the United He owns significantly more farmland than Minnesota's Offutt family and California's Resnick family, which each own 190,000 acres and rank second equal on the list. Bill Gates: Americas Top Farmland Owner | The Land Report. The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. 727-821-9494. stated on January 22, 2023 in an Instagram post: The U.S. chicken and egg shortage is linked to Bill Gates. Louisiana is the top state. Farmland originally appeared on Benzinga.com. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions. Who owns the most farmland in the world? With the Washington state acreage and other recent additions to his portfolio,. How much land does Russia own in the United States? Donald Trump is back on Twitter, thanks to Elon Musk. Benzinga does not provide investment advice. Farmland, Biden Hears Oval Office Plea for Alaska Oil Project in Lobbying Frenzy, Apple tops ranking of global companies with the most 'green' revenue, UPDATE 2-North Korea says UN should demand end to S.Korea-US military drills, US Treasury puts cost of outbound investment risk program at $10 million, US Jobs Report and Powell Testimony Take Center Stage: Eco Week. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. a Reddit user asked. Conservatives are vowing to never drink Heineken again after it was recently revealed that billionaire Bill Gates acquired a minority stake in the popular brewing company. The transitional land he owns in Arizona is reportedly being built into a suburb. What Returns Should You Expect From Farmland Investing? Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. Northern Kansas land sale averages $3,500 per acre. Follow him on Twitter@LucasNolanor contact via secure email at the addresslucasnolan@protonmail.com, EconomyPoliticsTechBill GatesFarmersfarmlandNorth Dakota. Amazon founder Jeff Bezos . Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Satellites are on balloons and not in space.. 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. 54. He has invested in multiple companies developing artificial or plant-based alternatives to meat, but he supports chicken farming and agricultural development. Why Bill Gates Is Investing In Chicken-Less Eggs, Memphis Meats raised $161 million to grow meat from cells, Bill Gates and Richard Branson backed a food startup which grows meat in labs, How Beyond Meat became a $550 million brand, winning over meat-eaters with a vegan burger that bleeds', Bill Gates headlines an all-star list of investors pumping $75 million into meatless burgers, How Impossible Burgers simple vision won hundreds of millions in funding and backing from Bill Gates. Also, because youre investing in the land itself, your investment not only is quite resistant to depreciation, but also provides some solid tax benefits due to be land ownership. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Why Bill Gates' Purchase of Farmland Concerns Conspiracy Theorists It has been very fulfilling for me and is my full time job," Gates continued. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. Using those figures, Gates would own about 0.027% of U.S. farmland. Distance from Michigan to Detroit The shortest route between Michigan and Detroit is, Michigan law is absolutely clear that an adult over the age of 21 shall not sell or furnish alcohol to a minor. Deals are highly vetted with around a 1% acceptance rate, You pick and choose what specific farms you want to invest in, Investors do not have access to a secondary market yet, so you should be familiar with the time horizon. Momentum accelerated during the 2008-2009 Great Financial Crisis, when investors grew desperate for alternatives to traditional safe haven investments like bonds and gold. Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . Is Farmland Partners (FPI) A Good Investment? 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 added. What Land Does Bill Gates Own In Michigan? - PartyShopMaine 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. The REAL reason Bill Gates is buying US land. (here). As of the latest Rental Housing Finance Survey (2018), there were 19.955 million rental properties in the United States (bit.ly/3FdPtKZ), 17.16 million of them single unit rental properties (bit.ly/3KLCjWH). 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. No one but Bill Gates knows that answer. Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. Youre not investing in a building that will decay over time, but the rich farmland itself. I have written several articles on postings related to Big Tech, Social Media and Corporations. Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. According to Mother Jones, the average price of farmland increased six times from 1940 to 2015, and the trend is likely to continue as the amount of arable land in the U.S. continues to shrink from climate-related pressures. 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. Supreme Court just voted to ban condoms., Says Ukrainian President Volodymyr Zelenskyy said he wants Americas sons and daughters to go die in Ukraine., In Ohio, there are 75,000 acres of farmland, fertile farmland, that are all now being poured down with acid rain., Muslims by the millions are converting to Christianity.. 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . 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. America's Biggest Owner Of Farmland Is Now Bill Gates - Forbes .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. "Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire?" His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). 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. It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks. The land was purchased from the owners of Campbell Farms, a potato farming group headquartered in Grafton, North Dakota, approximately 50 miles from the Canadian border. 33701 One main benefit to alt assets especially for those whore heavily invested in the stock market is you can diversify your overall investment portfolio outside the NYSE/NASDAQ. Farm Gates - Ohio Ag Net | Ohio's Country Journal The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. Now Chinese companies and businessmen are planning to make their home in the United States. North Dakota Agriculture Commissioner Doug Goehring spoke with KFYR, stating that the public reaction to the purchase has been negative. Another meme circulating online reads: Bill Gates is buying all the farmland. In fact, Gates is the owner of over 270,000 acres of farmland, which is worth over $700 million! 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. He has also written on his personal blog about the future of food, the increasing demand for meat as the global population rises and the environmental effects of livestock farming. With all of this recent farmland accumulation, one might think Gates is using this land to research these gene edited super seeds. They ripen in late July and early. - Farmland Riches where is bill gates' farmland in michigan. The North Dakota attorney general's office recently inquired into a 2,100-acre farmland purchase by Red River Trust, an entity affiliated with Bill Gates. An archived version of the tweet can be found (archive.ph/8Tq36). 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.
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