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). 2 min read Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all. The mainland Chinese company Sino-Michigan Properties LLC has paid $1.9 million for 200 acres of undeveloped land in Milan, Michigan. Bill Gates: Americas Top Farmland Owner | The Land Report. 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. Infected flocks are culled to prevent the flu from spreading. 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. Why am I just learning about this NOW?. Officially, the general public doesnt know exactly what Bill Gates growing farmland estate is being used for. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.". 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). The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. 420,000 acresBill and Melinda Gates prior to their divorce accumulated roughly 270,000 acres of farmland in less than a decade. Either that or I had a screw loose. In fact, he reportedly owns more farmland than any other individual in America. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. 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. Where farmland differs from other alt assets is that because its such a crucial human resource (food = humans), in less-than-desirable economic situations, farmland tends to appreciate even further in value, as opposed to losing value (I.E., during a dreaded stock market crash). The 2,100 acre potato farm adds to his massive portfolio of farm investments. 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.". Read also:Which Billionaire Owns The Most Land In The U.S.? Bill Gates is Americas biggest farmer, his 269000 acres farmland grows potatoes and carrots. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? If Not for Climate, Then Why Is Bill Gates Buying so Much Farmland? AFN, 27 Aug. 2021, https://agfundernews.com/gates-if-not-for-climate-then-why-is-bill-buying-up-so-much-farmland. Then, on Tuesday, the North Dakota attorney general's office sent a letter to the Red River Trust notifying a trustee, Peter Headley, of a Depression-era rule barring companies, LLCs, and trusts from farming and ranching activities in the state. An entity linked to billionaire Bill Gates has reportedly purchased 2,100 acres of potato farmland in northern North Dakota angering local residents. These posts were flagged as part of Instagrams efforts to combat false news and misinformation. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. Bill Gates reportedly owns more farmland than anyone else in the United States. Bill Gates and conspiracy theories go together like peanut butter and jelly. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for. 727-821-9494. stated on January 22, 2023 in an Instagram post: The U.S. chicken and egg shortage is linked to Bill Gates. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. How Old Do I Have To Be To Go To A Strip Club In Michigan? 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. The tweet had gathered over 215,000 likes at the time of writing. Our only agenda is to publish the truth so you can be an informed participant in democracy. Gates' 242,000 acres amounts to about 0.03% of the total. These subsistence farmers can order equipment and seeds they need, paying what they can over a longer period of time. Tue, Feb 28, 2023 LOGIN . 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). The mogul's holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. Gates personal farmland portfolio is managed by Michael Larson and Cascade Investment. The total portfolio of farmland is worth well over $700 million. F' off Gates! Some are near cities and might end up having other uses.". Neither of these are a perfect option. 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.. Check out:How To Invest In Real Estate With $100. He has invested in multiple companies developing artificial or plant-based alternatives to meat, but he supports chicken farming and agricultural development. Microsoft co-founder Bill Gates is America's top private farmland owner. FPI is internally managed and the company owns farms in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi,. 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. According to The Land Report, the Microsoft co-founder owns farmland across 18 states, with the largest holdings being in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588. 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. Gates' interest in farmland is still strong. With the Washington state acreage and other recent additions to his portfolio,. 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 owns a ton of farmland in the United Statesas in, about 270,000 acres. 3. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn . Who knows. - Farmland Riches where is bill gates' farmland in michigan. Who owns the most land in the world 2021? Momentum accelerated during the 2008-2009 Great Financial Crisis, when investors grew desperate for alternatives to traditional safe haven investments like bonds and gold. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. 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. See here for a complete list of exchanges and delays. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. 54. Why doesnt everyone just invest in farmland then? His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. Billionaire Bill Gates reportedly shopped for 'hundreds of acres of farmland' in Turkey while vacationing aboard a superyacht that emits an estimated 19 tons of CO2 a day before heading to the . Please let us know if you're having issues with commenting. He has been buying thousands of acres across America. Over the last decade, Bill Gates has invested in multiple companies, including Beyond Meat and Impossible Foods, that develop plant-based meat alternatives. 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? However, there are also countless farmland investing platforms gaining traction now too. 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. What does Weyerhaeuser have to do with Michigan? These allow investors to get stared with as little as $10,000. Where Does Bill Gates Own Farmland in the US. The Detroit Land Bank Authority (DLBA) is a public authority that owns and manages approximately 100,000 parcels of property in the City of Detroit making it the citys largest landowner.Detroit Land Bank Authority. Gates and his wife own 269,000 acres of farmland. Perhaps Bill Gates is looking to test out his GMO seeds. 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 . 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. Since it works as an investment for him, it also includes the benefits of using land as an . Bill Gates owns almost as much U.S. agricultural land as China at 248,000 acres, . Download free guide with advice for beginners. "Those people are upset, but there are others that are just livid about this.". 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. Access your favorite topics in a personalized feed while you're on the go. In this short period of time, there was a proliferation in funds that were specifically focused on farmland investing. There were 895.3. Earlier this week,North Dakota State Attorney General Drew Wrigley wrote a letter to Red River Trust, stating that its corporations and LLCs were prohibited from owning or leasing farmland or ranchland in the state of North Dakota. Wrigley added that these entities were banned from engaging in farming or ranching.. North Dakota Agriculture Commissioner Doug Goehring spoke with KFYR, stating that the public reaction to the purchase has been negative. While many have also speculated that Gates' land purchases were in some way related to his efforts to curb climate change, Gates has said that the two are unrelated. The portion of land that isn't owned by farmers varies widely regionally; in some areas, almost 80 percent of agricultural land is held by non-operators. Other noteworthy farmland investors include Ted Turner and Thomas Peterffy. 2021. AcreTrader has carved out a niche for themselves that has led to rapid market dominance. Returns from farmland have actually outpaced the stock market in recent years with significantly less volatility. 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. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. 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.. The tide began to shift in the early 2000s, when institutional investors began to give farmland a closer look. It is not connected to climate. By clicking Sign up, you agree to receive marketing emails from Insider You either had to directly buy the land, pony up millions to participate in a fund or purchase farmland via a REIT. During his 11th appearance in the "Ask Me Anything" . Gates is just using farmland to make Agri-Tech and financial investments. A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is. Hes the largest landowner in the United States. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. Another main feature of the Big Bet is the implementation of the culmination of the Gates Foundations research: specialized GMO seeds for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant. One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. Some of the links on this site are affiliate links. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. It's not part of his plans to save the planet. Estes, Nick. 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. Egg prices havent come down with inflation. But these land holdings account for only a tiny share of the countrys total farmland. These claims are not true. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and . According to a 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the United States. Our state produces about 75 percent of the nations tart cherry crop. We need your help. Table of Contents show Oct 22, 2014. Check out current deals on AcreTrader now! How Long Can You Be Held Without Bond In Michigan? Breitbart News reporter Alana Mastrangelo wrote: Gates is now Americas largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according tothe Land Report. Purchasing your own farm outright means that you are not diversified across many farms; just 1. 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. 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. Farmland as an investment offers low volatility. Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. Pregnancy tests include a hidden Plan B pill. 2022. 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. Agriculture and the National Bureau of Agricultural Statistics, in the United States there are 362,315,055 hectares of farmland. 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . Who owns the most property in Detroit Michigan? Youre not investing in a building that will decay over time, but the rich farmland itself. To better understand these questions, it's helpful to review Bill Gates' financial decision through the years, especially as it relates to Microsoft, Cascade Investments, and The Bill and Melinda Gates Foundation. The transitional land he owns in Arizona is reportedly being built into a suburb. In the same way you can invest into ETFs (Exchange Traded Funds) in the stock market, there exist similar products for farmland called farmland REITs. Amazon founder Jeff Bezos . Gates is No. He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. 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. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? Farmland is what is known as an alternative asset an investment that can grow wealth outside of the stock market. 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. Eggs have become expensive and scarce in some parts of the country. In 2018, Michigan produced 297 million bushels of corn grain, worth $1 billion.
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