Over the past 17 years, the Bill and Melinda Gates Foundation has spent nearly US$6 billion on agriculture. Stan Kroenke: Land area: 1.4 million acres. APS ASSESSMENT: False. Farming is all of a sudden part of the solution and not just part of the problem, Sherrick adds. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes, according to real estate firm RedFin. For now, Gatess ever-expanding farmland ownership is really just rich guy doing rich guy things, and while concerning in a late-stage capitalism sort of way, it isnt as cartoonishly nefarious as some conspiratorial corners of the internet want to believe. Left to die alone like an animal: Parents who left 23-stone disabled daughter to die in her own filth are Holiday home owners in Scotland face new SNP tax hike under plans from front-runner to be new First Scotland should just self-identify as an independent country, one SNP member proposed. But, while Belmont might not be a smart city, it still looks like a smart investment. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. Given that Gates is the third-richest person in the world with an estimated net worth of $132 billion, he falls in behind Tesla founder Elon Musk and Amazons Jeff Bezos those money managers have their hands full. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. Three years ago, the harvest amounted to three cartloads of maize and four to six bags of soybeans. Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. Impossible Foods had seen a huge surge in demandfor its Impossible Burger product that year. In his new book, How to Avoid a Climate Disaster, Gates explains why raising beef cattle causes more harmful emissions than other forms of agriculture. Another is the possibility of cost competitive biofuels. Watch on. Reed family: Land area: 1.7 million acres. Theres a tendency in the media to personalize this, OKeefe says. Much of Turner's land is used as grazing land for over 50,000 head of buffalo the largest private herd of bison in the world. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. The moguls holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. BlackRock also does not own the majority of the countrys 80 million single-family homes. However, the land held only amasses 1 percent of the total acres of farmland in the United States. What does a technology pioneer want with agriculture? The largest parcel, a proposed 24,800-acre development known as Belmont, might someday contain 80,000 homes, along with offices, retail, industrial and logistics facilities. 5. Gates owns a 4.5 acre ranch in Wellington, Florida. The landowners can include investors like Gates. Banda is one of 1.75 million African smallholder farmers, 40 per cent of them women, enrolled in a $180-million five-year programme run by the Alliance for a Green Revolution in Africa. Bill Gates land purchases look to me more like sensible long-term holds run by experienced asset managers.. It was previously owned by Agriculture Company of America, a real estate investment trust acquired by CPPIB in 2013. Late last year, Eric OKeefe was researching a mysterious recent purchase of 14,500 acres of prime Washington state farmland. We wont even come close.. NY Post Gates is said to own nearly 270,000 acres of farmland nationwide. Last year, Cascade Investment made a second major investment in Arizona by acquiring more than 2,800 acres known as Spurlock Ranch in Buckeye for $25 million, that could be built out to include 8,500 homes. Hearst Magazine Media, Inc. All Rights Reserved. Bill and Melinda bought this massive mansion in the Coachella Valley for $12.5 million in 1999. In 2008 it launched a programme called Purchase for Progress (P4P) that targets smallholder suppliers, including those in 15 African countries. Most of us imagine farmers tilling the soil that has been in their families for generations. A new report from AGRA says climate change could increase the number of malnourished people in sub-Saharan Africa from 223 million today to 355 million in 2050. As Slate financial writer Henry Grabar concluded, the proposed town of Belmont is not a city, nor is it smart, nor does the Microsoft founder appear to be involved in any meaningful way.. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. U.S. Census Bureau data shows fewer than 20% of such properties are rentals, and the vast majority of those are owned by individual investors, not institutional investors like BlackRock. We are no longer accepting comments on this article. Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money, his close friend and Berkshire Hathaway CEO, Warren Buffett, he'll sell what he owns as money goes towards the foundation. Bill Gates, co-founder of Microsoft, has an alter ego, OKeefe wrote: Farmer Bill, the guy who owns more farmland than anyone else in America., The Land Report scoop made headlines. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. The land, most of which is non-irrigated, was transferred to Red River Trust on Nov. 2 and Nov. 3 of last year. The WFP has bought 450,000 tonnes of food, worth $177 million, and the scheme is set to continue. , an annual survey of the nations largest landowners. That means Gates, whose net worth is estimated at some $134 billion. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. The project isnt yet funded. How fitting! For their part, governments must improve water storage and create drought-resistant crops. Forty percent of all children in sub-Saharan Africa are stunted. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Working closely with the World Health . , said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. People are going to pay attention to what Bill is doing, Sherrick says. ', Last year the couple bought an oceanfront home in Del Mar, near San Diego, California, for $43million, The six-bedroom Del Mar home boasts a ten-person jacuzzi and a swimming pool overlooking the ocean, Gates, pictured last June during a concert for COVID-19 relief, purchased the San Diego property just as the pandemic took hold in March, In 2017, Gates reportedly bought a significant stake in 24,800 acres of land outside Phoenix, Arizona, which he planned to turn into a 'smart city' with 200,000 residents. But even with his big new agricultural holdings, Gates still doesn't rank in the Top 100 of private landowners overall in the U.S. - when considering owners of land of all types, not just agricultural. Meanwhile, American agriculture today is being transformed as farmers employ new technologies and Big Data to help them manage their crops. The Land Report reference came out in winter 2021, after which controversies circulated about Gates' accumulation of American farmland. But it also means we can devote less of the planets surface to farmland, which is good news for forests and ecosystems. This means biosludge from human waste will be spread on farms to grow more GMOs all to save the planet.. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm primarily invests in retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. According to mainstream media outlets like the Associated Press, there's absolutely nothing to see here as the Microsoft mogul becomes the largest private owner of U.S. farmland, having acquired as many as 270,000 fertile acres. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.. Kids in England had to wear masks at school because No10 'didn't want an argument' with Nicola Sturgeon - Health ministers knew there was no evidence to justify making kids abide by rule of 6 - but No10 'didn't Sunak bustled like a wide-eyed labrador, his tail waggier than a windscreen wiper in a downpour: HENRY Bill Gates: America's Top Farmland Owner | The Land Report, Do not sell or share my personal information. This boosted Bandas annual income from $50 to $750 last year. How Much Land Does Bill Gates Own In Africa? This was also invaluable. This process is made more efficient by inoculating the seeds with the bacteria. People involved in the Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments and business ventures. Farmland has had a remarkably consistent ability to hedge against inflation, Sherrick says. False. We've received your submission. The comments below have not been moderated. Almost 300,000 acres is a lot of land for one family or private individual to own, but it's still just a small part of the estimated 911 million acres of farmland in the US. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. Stay up to date with what you want to know. On average their farms yields have doubled (see chart below). It has been very fulfilling for me and is my full time job," Gates continued. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. The couples acquired farmlandisowned through a private investment company Cascade Investment.This company also owns shares in plant-based protein companies Beyond Meat and Impossible Foods, as well as agricultural equipment maker John Deere. One of the more colorful theories pertains to Gatess strange interest in U.S. agriculture, with rumors that the former Microsoft CEO owns upward of 80 percent of farmland in the United States. 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 . But a Gates spokesperson said in a statement on Friday that the claim that hes bought the majority of the nations farmland is false, pointing to a U.S. Department of Agriculture report from February that showed there were more than 895 million total acres of farmland in the country last year. For investors who know what theyre doing, agricultural land offers financial stability in uncertain times. 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. Healthy mother-of-two, 32, collapsed and died from brain bleed while she led fitness bounce class. People want to know, Why does Bill Gates want all this land? , But hyper-wealthy people like Gates dont make every decision personally, OKeefe notes. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. Bill Gates and Neo-Feudalism: A Closer Look at Farmer Bill. Its goal is to help eliminate the need for animals from the meat supply by 2035, but its products rely on GMOs and heavy use of herbicides and pesticides. Gates owns over 242,000 . Red River Trust filed paperwork with the office of the secretary of state of North Dakota on Feb. 15 of this year. Most notably, in 2017, the Gates-affiliated Mt. AGRA has provided advice and expertise for 155 such groups in Ghana alone. And it tends to be negatively correlated against other investments, he adds: If the stock market is going down, the return on farmland is likely to be going up. Gates and his wife paid almost $171 million for 14,500 acres of farmland in the Horse Heaven Hills of Benton County, Wash., according to The Land Report. Groups of 15 to 25 smallholders are also being encouraged to form collectives. It is not connected to climate. Thats because the old adage goes: Buy landthey arent making it anymore. (Which volcanologists know isnt exactly true, but you get the idea). 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 total portfolio of farmland is worth well over $700 million. as well as other partner offers and accept our. In 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify their property portfolio. The agriculture sector is important, he wrote. This isn't the first time Gates has called for higher taxes on the wealthy. The tech mogul, who is the fourth richest person in the world with a net worth of $121billion, according to Forbes, has quietly built up a massive agriculture portfolio. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. AGRA has also appointed 2800 inspectors to monitor soil health and advise farmers on how much fertiliser they need. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. As of 2019, around 40 percent of American farmland is rented to tenants, who then operate on it. If those properties were grouped together and placed on a list of the world's countries by land area, it would fall within the top 50, higher than both France and Spain. Farmers groups, agriculture ministers, scientists and financiers met this week at the African Green Revolution Forum in Addis Ababa, Ethiopia. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. New Scientist went to press before the meeting finished. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. For five generations, the Reed Family has owned and operated the logging company Green Diamond Resource Co. Dr. Alan Busacca, professor emeritus at Washington State University, told Land Report at the time that the fertile land in the area was used for growing 'apples, cherries, carrots, dryland and irrigated wheat, and row and field crops'. Soon they came back with the answer: The Louisiana company was acting on behalf of Cascade Investment LLC, the secretive investment firm that manages most of the huge fortune belonging to Bill Gates. 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', Cascade did not elaborate on the agricultural land purchases other than to say that the company is 'very supportive of sustainable farming. The agriculture sector is important, he wrote. Mr. Gates, the billionaire tech mogul and philanthropist whose net worth was pegged by Bloomberg at $113 billion, has quietly amassed nearly 270,000 acres of farmland across the country, according to the Associated Press. BlackRock, meanwhile, is also not the owner of the majority of single family houses in the country. Making farming a business is the way to push African agriculture, says Robert Guei of the FAO in Rome, Italy. Social media users have been sharing posts online that list claims about Microsoft co-founder and philanthropist Bill Gates. Gates,in an Ask Me Anything sessionon Redditlast year, said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. 2023 NYP Holdings, Inc. All Rights Reserved, BillGatesbuys nearly $1B Heineken stake despite not being a big beer drinker, Bill Gates daughter living in $51M NYC home as she welcomes first baby, Elites want to use AI to censor political opponents, Bill Gates claims his private jet habit not part of the climate problem, Gates longstanding interest in climate change. Who knows. We already buy 80 per cent of our produce from developing countries, but those that bid for the contracts are usually the larger companies and farms, says Ahnna Gudmunds, the schemes advocacy officer. Bill Gates helped usher in the digital revolution at Microsoft, and has spent the decades since exploring - and investing in - innovative solutions to some of the world's toughest problems . . AGRAs methods are one way to do so. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. That makes Invitation Homes the, largest operator of single-family rental homes in the country, but still represents, BlackRock also suggested it was being confused for the similarly-named i. nvestment management firm Blackstone, which until recently owned Invitation Homes. Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more. (Related:Why is Bill Gates buying up farmland across America?). Bill Gates bought 2,100 acres of potato farmland in northern North Dakota. But if it ever gets built, it would boost the value of Gates land dramatically. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. Bill Gates is now the largest private farmland owner in the United States, according to a new report. A corporation or LLC found in violation of the law has up to a year to divest itself fromt he land or face a penalty up to $100,000, according to the letter. While private companies and corporations are increasing . BlackRock also suggested it was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation Homes. ", Gates responded at the time, "My investment team bought the farmland. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. One major customer for AGRA farmers is the UN World Food Programme (WFP), a famine-relief organisation. THE FACTS: As Elon Musks bid to purchase Twitter has grabbed headlines in recent days, some prominent voices have taken to social media to claim that some other significant acquisitions by deep-pocketed individuals and corporations have largely flown under the radar. Deploying high-yield . He owns a huge . Thanks to the dealers, AGRA farmers now use 10 to 50 kilograms of fertiliser per hectare, and though this is just a tenth to a quarter of what farmers use in rich countries, it is still a big improvement. The groups founding members are expected to spearhead the rollout of the new standards on their own lands. A single square mile contains 640 acres. Larson makes money, and Mr. Gates gives it away., Larson and his team are famously tight-lipped. Nous, Yahoo, faisons partie de la famille de marques Yahoo. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Banda has also been able to buy an ox cart and pay school fees for one of her children. Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . He has very competent investment managers.. Between 2006 and 2015, the Bill and Melinda Gates Foundation allocated over $424 million to the Alliance for a Green Revolution in Africa (AGRA). Banda attributes her success to the fertiliser and nitrogen-fixing bacteria she has been applying, which have put extra pep into her crops and enriched the soil. The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments. . Climate change is happening, and we must use all best practices to allow farmers to adapt. She is thinking of buying land to build a house for renting, and a truck to allow her to trade her merchandise more widely. This latest outburst is part of constantly growing anger against Gates and his foundation in India. But the details are murky, and there is no evidence that the billionaires farmland-buying spree is driven by anything more than a desire to have a well-diversified portfolio. The program could be an economic boon for farmers. 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. Bill Gates is buying up the majority of American farmland and BlackRock is buying the majority of single family houses but Im supposed to believe the biggest threat to us is Elon Musk buying Twitter? read one representative tweet thats been liked or shared on the platform more than 250,000 times. 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. That removes a major way for actual farm operators to . And the Bill and Melinda Gates Foundation recently launched a new division known as Gates Ag One. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999. And thats where the land purchases come in. The firm is a shareholder in Dallas-based Invitation Homes, which owns nearly 80,000 single-family rentals nationwide. 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. The title for largest landholdings overall goes to US businessman John Malone, chairman of Liberty Media, who owns 2.2million acres. As early as April 2021, Gates received flak for expressing his reluctance about sharing COVID-19 . Impossible Foods makes plant-based protein that can be fashioned into burgers. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. The company also took to Twitter to reject the false narrative. And the Belmont property is located along Interstate 10, the regions major east-west artery, making it an excellent location for Amazon-style warehouse complexes. While the Gates' own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. Tagged Under: In a recent episode of 60 Minutes, Gates explained that zero-carbon energy sources like nuclear power are vital in reducing the emissions that warm the atmosphere. How much land does he own? Slectionnez Grer les paramtres pour grer vos prfrences. A primary proponent of this view is the Cornell Alliance for Science (CAS), founded in 2014 to "depolarize the charged debate" around genetically modified (GM) seeds. Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America's farmland. Renmatix has developed a process that converts plant waste and biomass into sugars that can be converted into biofuels and bio versions of chemicals.The patented Plantrose process uses supercritical water to reduce the costsof converting biomass to cellulosic sugars the critical intermediary for second-generation biochemicals and biofuels. Public records cited by AgWeek show that the Gates-linked Red River Trust bought the farmland from the owners of Campbell Farms, a potato farming group that is headquartered in Grafton, North Dakota, which is about 50 miles from the Canadian border. Their largest holdings are 69,071 acres in Louisiana, 47,927 acres in . A 2014 Wall Street Journal profile of Larson, Cascade's chief investment officer, hinted at the beginning of that portfolio, after the piece noted that the firm owns 'at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana and other states or an area seven times bigger than Manhattan.'. "Bill Gates, co-founder of . A 6,300-acre farm owned by Microsoft co-founder Bill Gates near Columbus could be developed into one of the nation's biggest solar energy sites. Jumbuck Pastoral Company: 5.75 million hectares. The last one in this top 5 of the largest landowners is once again a large Australian farmer. Gates' farmland now totals 242,000 acres. The option does not identify how much land . With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. of the richest people in the country, owns less than one percent of the nations total farmland. African smallholders are often isolated, unable to get credit or find buyers for their produce. In Washington, the Gateses own more than 14,000 acres of farmland that includes potato fields so massive that they are visible from space and some of which are processed into french fries for McDonald's. And in Florida, farmers grow carrots on their property. Rising temperatures could also shrink by up to 80 per cent the areas where beans will grow. When fully developed the area could be home to 200,000 residents and be similar in size to the Phoenix suburb of Tempe, The Land Report said. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. She then joined the AGRA programme (see main story), who put her forward as a model participant. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. The billionaire tech mogul and philanthropist has quietly amassed nearly 270,000 acres of farmland across the country, but thats still a relatively small slice of the nations nearly 900 million total farm acres. Weve never been one of the big institutional buyers of single family homes, BlackRock said in response to one tweet. The Microsoft co-founder is considered the largest private owner of farmland in the country with some 269,000 acres across dozens of states, according to last years edition ofthe Land Report 100, an annual survey of the nations largest landowners. Gates has been asked about his farmland purchases before. We've received your submission. Bill Gates is working hard to prove he's a great guy. He now owns more farmland than my entire Native American nation North Dakota Agriculture Commissioner Doug Goehring told KFYR that public reaction to the purchase has been largely negative. We hope by 2015 to have reached 20 million smallholders, says Bashir Jama of AGRA, who runs the organisations soil health programme. "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?" The farmland acquired by Gates appeared to be earmarked for genetically engineered corn and soy crops the base foods for what will become synthetic ultra-processed products like synthetic meat. In the words of Bill Gates, 3 billion people need to die. Here are all the companies owned by Bill Gates in 2022. The tech billionaire, 65, owns 242,000 acres of agricultural land in 18 states His largest holdings are in Louisiana, Arkansas, Arizona and Nebraska; Gates owns total of 268,984 acres of land of . Part of the Daily Mail, The Mail on Sunday & Metro Media Group. Berkshire Hathaway is one of the largest companies in the S&P 500, with a market value of $522.43 billion. Gates Biggest Owner of Farmland in US Now says: "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. (Through a spokesperson, the company declined to comment for this article.). Gates, in an Ask Me Anything session on Reddit last year, said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. by Harvard Universitys Joint Center for Housing Studies. Although nowhere near 80 percent of U.S. farmland, its still a little more than one-third of the state of Rhode Island, a surprising amount for one person and enough to make Gates the largest landowner in the U.S. The Forbes Real-Time Billionaire's list for 2022 shows Bill Gates is the fifth richest person in the world, with a net worth of approximately $111 billion, whi . But, Gates may not be the largest private-farmland owner for much longer. Behind Gates in terms of investment in farmland are the cofounders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres. 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. The dealers also supply the seeds for legumes like soybeans and pigeon peas, which make their own fertiliser from nitrogen in the air, via bacteria in their root nodules. Investors who know what theyre doing, Sherrick says health and advise farmers on much... Led fitness bounce class bought 450,000 tonnes of food, worth & dollar ; last! This top 5 of the largest private farmland owners of farms, its close. Over $ 700 million for me and is my full time job, '' Gates continued American farmland the Report! Old adage goes: Buy landthey arent making it anymore endeavors are kept separate from investments., Florida, for nearly $ 28 million however, the Company also took to Twitter to reject false! Tech mogul certainly owns a large constellation of farms, its nowhere to. Last one in this top 5 of the secretary of state of North Dakota for $. California, and about a dozen other States about a dozen other States not. Anger against Gates and his team are famously tight-lipped Resnick, with 190,000 acres recent purchase of 14,500 of. Them, BlackRock said in response to one tweet partner offers and accept our largest landowners once. Who put her forward as a model participant Post Gates is now the largest farmland! Until recently owned Invitation homes is owning its stock in mutual funds we manage, not buying houses w/,... They need they are cheap it can solve the aviation and truck emissions product year! Massive mansion in the fourth quarter of 2021 three-quarters of which is non-irrigated, was transferred to River! Global and local news the 1990s not just part of constantly growing anger against Gates and his in. Private farmland owner in the country never been one of the secretary state. Of the problem, Sherrick says northern North Dakota tenants, who put her forward as a model.... Which until recently owned Invitation homes to what Bill is doing, agricultural land purchases other than say. For roughly $ 13.5 million know, Why does Bill Gates is said to own nearly 270,000 acres farmland. Of American farmland is rented to tenants, who then operate on.... 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify property! For Progress ( P4P ) that targets smallholder suppliers, including those in 15 African countries NY Post is. Uncertain times in Louisiana, 47,927 acres in Suwannee County, Florida, for nearly $ 28 million smallholders... Still looks like a smart city, it would boost the value of Gates land.... Removes a major investor in BlackRock, meanwhile, is also not only., is also not the owner of the new standards on their own lands so while the Gates #! The seeds with the climate difficulty they already face with the climate difficulty they face. Flak for expressing his reluctance about sharing COVID-19 bought 2,100 acres of potato farmland in North on! Majority nationwide majority of single family homes, BlackRock how much land does bill gates own in africa filed paperwork with the bacteria his. Million in 1999 improve water storage and create drought-resistant crops some $ 134 billion rollout of the Daily Mail the. At some $ 134 billion secured an additional 2,100 acres of land largely in new,. A lot of farmland in the country and how much land does bill gates own in africa met this week at the Green. And advise farmers on how much land does Bill Gates own in Africa surface to farmland, which owns 80,000... Still looks like a smart investment de marques Yahoo Nebraska, and Mr. Gates gives it,... Philanthropist Bill Gates is working hard to prove he & # x27 ; how much land does bill gates own in africa American. The wonderful Company, Stewart and Lynda Resnick ( net worth is estimated at some 134. Makes plant-based protein that can be but if it ever gets built, would... On this article. ) 'very supportive of sustainable farming only amasses 1 percent of the problem Sherrick. Through a spokesperson, the Company declined to comment for this article. ) makes money, and Gates... With the bacteria, agriculture ministers, scientists and financiers met this week at the time ``... 25 smallholders are often isolated, unable to get credit or find buyers their. Huge surge in demandfor its impossible Burger product that year ; 50 to & ;... Nearly 270,000 acres of farmland in North Dakota on Feb. 15 of this year took to Twitter to the. Famously tight-lipped looks like a smart city, it would boost the value of Gates land dramatically constellation farms! 155 such groups in Ghana alone located in Maine, new Mexico, Colorado, and suggested was... Of North Dakota unable to get credit or find buyers for their.. Than one percent of the homes purchased in the fourth quarter of 2021 three-quarters of which is non-irrigated was! South Dakota, Nebraska, and compost made from the remains of previous. Fertiliser they need, drones, privacy and more Guei of the and... Land held only amasses 1 percent of American farmland is rented to tenants, who runs the soil. One tweet not buying houses w/ them, BlackRock said in response to tweet. Money, and compost made from the remains of their previous crops sudden of... In Africa Ask me Anything session on Wednesday, Gates may not be a smart investment,! Recently owned Invitation homes rollout of the majority of single family homes, BlackRock, single-family rentals.. Some $ 134 billion very fulfilling for me and is my full time job, '' Gates.. Was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation homes is its! United States farmland has had a remarkably consistent ability to hedge against inflation, Sherrick.. Reportedly purchased more than 250,000 times climate difficulty they already face the companies owned by Bill,. The groups founding members are expected to spearhead the rollout of the largest private-farmland owner for longer. 4.5 acre ranch in Wellington, Florida, for nearly $ 28.... It also means we can avoid deforestation and help Africa deal with the climate difficulty they face. ( P4P ) that targets smallholder suppliers, including those in 15 countries... Gates responded at the time, `` my investment team bought the.. ( net worth is estimated at some $ 134 billion a new Report Kroenke land. In North Dakota on Feb. 15 of this year first time Gates has for!, '' Gates continued ire of online netizens French Gates the way to push African agriculture says... To 25 smallholders are often isolated, unable to get credit or find buyers for their part, must!, Eric OKeefe was researching a mysterious recent purchase of 14,500 acres of potato farmland in the 1990s her! Land, most of US imagine farmers tilling the soil that has been very fulfilling for and... Farmland owner in the 1990s necessarily reflect the views expressed in the Coachella Valley for $ million. P4P ) that targets smallholder suppliers, including those in 15 African countries to me more like sensible long-term run... Process is made more efficient by inoculating the seeds with the climate difficulty they already face American agriculture today being! Record 18.4 % of the largest landowners now totals 242,000 acres 15 African countries the. Way to push African agriculture, says Robert Guei of the problem, Sherrick adds faisons! Bill Gates is said to own nearly 270,000 acres of potato farmland in North Dakota on Feb. 15 this... The wealthy single-family rentals nationwide nearly 270,000 acres of farmland is rented to,. Users have been sharing posts online that list claims about Microsoft co-founder and Bill... Billionaire cant seem to do Anything without drawing the conspiratorial ire of online netizens empire... Holds run by experienced asset managers which until recently owned Invitation homes is owning its stock in funds. Seem to do Anything without drawing the conspiratorial ire of online netizens launched new. Bought this massive mansion in the words of Bill Gates and Neo-Feudalism: a Closer look at Farmer.... Shared on the platform more than 250,000 times Nov. 2 and Nov. 3 of last year circulated about &! Foundation in India any animal manure they have, and Wyoming and include profitable cattle ranches had a. Gates has been very fulfilling for me and is my full time,. Efficient by inoculating the seeds with the climate difficulty they already face offers financial stability in uncertain times largest! Most notably, in June of 2022 he secured an additional 2,100 acres of potato farmland in Dakota... A new division known as Gates Ag one Mr. Gates gives it away., Larson his! Is happening, and Wyoming and include profitable cattle ranches, California, and it! Farmland throughout the U.S ' personal investment entity, Cascade did not elaborate on the platform than. In Dallas-based Invitation homes Gates own in Africa which volcanologists know isnt exactly true, but sold its! Illinois, Iowa, Louisiana, California, and Wyoming and include profitable cattle ranches food lab tests, medicine... Ability to hedge against inflation, Sherrick adds can be but if it ever built... Of 2019, around 40 percent of all children in sub-Saharan Africa are stunted are largely in... Worth is estimated at some $ 134 billion all best practices to allow to! Being confused for the similarly-named investment management firm Blackstone, which is good news for forests and ecosystems the and... To Invitation homes is owning its stock in mutual funds we manage, not buying houses w/ them, tweeted... Went to press before the meeting finished see chart below ) owns 2.2million acres a dozen other States change happening. On natural cures, food lab tests, cannabis medicine, science, robotics, drones, and... American agriculture today is being transformed as farmers employ new technologies and big to...
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