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). 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. 2022. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. In April 2022, researchers warned about the potential risk of a global food shortage, spurred on in part by Russia's ongoing attacks on Ukraine. He had accumulated more than 269,000 acres of farmland across 18 states in less than a decade. American Homes 4 Rent holds around 57,024 single-family properties (here). Drinking or using tap water treated with chlorine is dangerous because chlorine is a poison., Obama imposed stricter rules on trains carrying toxins. Why Bill Gates' Purchase of Farmland Concerns Conspiracy Theorists 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. Gates and his investment team own more than 240,000 acres, as reported by OKeefe, including 2,167 acres in Michigan. 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. In the wake of this uncertainty, unfounded rumors began to spread that attempted to lay the blame for any coming food shortages on nefarious forces. Where Does Bill Gates Own Land In Montana? - PartyShopMaine Bill Gates Is the Biggest Private Owner of Farmland in the United States. Bill Gates is the biggest private owner of farmland in the United Does Michigan Allow Personal Tax Exemptions? Since his divorce, it is unclear how the assets were split up between the couple. This informational is by no means a promotion, solicitation, or recommendation of any specific investment. PolitiFact | The Bill Gates egg shortage conspiracy isn't all it's In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. What Part Of Michigan Is Considered The Upper Peninsula? Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. The mogul's holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. 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.". Breitbart News previously reported that Gates is Americas largest private owner of farmland. Age Requirements Most ordinances require, Huckleberries are small bright blue, or dark blue, or black berries which grow wild near marshes in Michigan. However, there are also countless farmland investing platforms gaining traction now too. Bill Gates tells Reddit why he's bought so much farmland - AFN And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. Either that or I had a screw loose. No one but Bill Gates knows that answer. Bill Gates-Tied $13M Farmland Purchase Angers North Dakotans 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. 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.. While much of this land was transferred to the new state of Hawaii in 1959, the federal government did keep some. No, its the Roman Catholic Church. By 2019, the USDA says foreign ownership of U.S. acres exceeded 35.2 million acres, a 60 percent increase from the decade prior. Bill Gates Doesn't Own That Much Farmland | Aaron Smith Here's why the ultra-wealthy like Bill Gates and Thomas Peterffy are 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. 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. Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . Bill Gates owns a lot of American farmland, but not the majority Some experts have pointed to Gatess well-known sustainability and green tech initiatives as a possible reason, but during an earlier Reddit AMA in 2021, Gates said, my investment group chose to do this. Why? That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. Conspiracy Theorists claimed last year that the Microsoft founder was buying up farmland in the U.S. to starve Americans for some unknown reason, Snopes said, after researchers said in April that the world was facing a potential food shortage due to Russias invasion of Ukraine. Why Bill Gates is now the US' biggest farmland owner - New York Post The Agriculture Department estimates there are more than 895 million acres of farmland in the U.S., making Gates share 0.028%. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. Hes the largest landowner in the United States. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. Bill Gates Top Farmland Owner in US | Newsmax.com Gates appears to be pro-chicken farming. Hint, It's Not Bill Gates, Bezos-Backed Startup Lets You Become A Landlord With $100, Try the tool that will help you invest smarter, faster, and better, Bill Gates Finally Explains Why He's Buying So Much U.S. 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. Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. Bill Gates Is Buying Up American Farmland. But Why? (AP). But these companies do not own a majority of U.S. single-family homes. Stay up to date with what you want to know. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Gates and his wife own 269,000 acres of farmland. Microsoft co-founder Bill Gates is America's top private farmland owner. 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. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . Over time, Gates sold personal stock in Microsoft and. This article will go into detail about how much land Bill Gates owns and why he owns so much. 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? 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. Climate Connection. But these land holdings account for only a tiny share of the countrys total farmland. Any why now after years of massive success? In a world of wild talk and fake news, help us stand up for the facts. An entity linked to billionaire Bill Gates has reportedly purchased 2,100 acres of potato farmland in northern North Dakota angering local residents. But there is no evidence these investments are linked to a nationwide shortage in chicken and egg products. Bill Gates Is America's Largest Private Owner of Farmland - Breitbart Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. The cost of chicken has also gone up, although not as drastically. By clicking Sign up, you agree to receive marketing emails from Insider In January 2021, Bill Gates became the largest owner of farmland in the United States. Official: Michigan State gunman had note threatening 2 New Jersey schools. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley. By Jenna Hoffman July 5, 2022. "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 tech billionaire owns 69,071 acres in Louisiana, 47,927 acres in Arkansas, and 20,588 acres in Nebraska. Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? Some are near cities and might end up having other uses.". a Reddit user asked. Bill Gates is about to change the way America farms Social media post scrambles the facts on high egg prices, Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage, Bill Gates is About to Change the Way America Farms, What the plow and lab-grown meat tell us about innovation, Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022, 2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks, Bill Gates owns a lot of American farmland, but not the majority, The controversy over Bill Gates becoming the largest private farmland owner in the US, McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland, Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses, Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future, Bill Gates bets on growing demand for sustainable foods, Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. Does this investment say anything about the state of the. 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. If youve been on the fence about getting into farmland, maybe now is the time to reconsider. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. 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. 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). Their low fees and competitive returns set them apart from many of the other platforms out there. Gates owns less than 1% of the nations farmland. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. 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. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Sign up for notifications from Insider! At about $6,000 per acre, the potato farm cost roughly half of what Gates reportedly spent on highly coveted soil closer to his home in Washington. It's not part of his plans to save the planet. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. Gates farmland now totals 242,000 acres. Heres why.," Jan. 10, 2023. Louisiana is the top state. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. Over the last decade, Bill Gates has invested in multiple companies, including Beyond Meat and Impossible Foods, that develop plant-based meat alternatives. Michigan - 2,167 acres; Mississippi - 16,963 acres; Nebraska - 20,588 acres; New Mexico - 1 acre; North Carolina - 874 . Today, Bill Gates owns 242,000 acres of farmland in 19 states. His idea, like many others, was to diversify his investments across different asset classes. In fact, he reportedly owns more farmland than any other individual in America. But unlike those men, Gilbert has plans to redevelop his properties and not just sit on them. News reports from the last several years suggest that Gates has at different times invested in start-ups focused on developing artificial or plant-based alternatives to meat, such as Natures Fynd, Hampton Creek, Memphis Meats, Beyond Meat and Impossible Foods. Who knows. This, combined with holiday demand and continued coronavirus pandemic-related supply-chain pressures, have affected the market. 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. Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. Bill Gates gobbling up Florida farmland | News | sharonherald.com Contacted by Reuters, a BlackRock spokesperson said: BlackRock is not buying single-family homes and is not competing with individuals to purchase houses in America.. Farmland Riches, LLC and the owners may have investments in companies represented on the AcreTrader platform. 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. It has also funded myriad research facilities and humanitarian operations, focusing on overcoming diseases, climate change, agricultural research, and health and nutrition in underdeveloped areas. Billionaire Bill Gates explains why he buys a lot agricultural land - Photo: BENZINGA. 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. This is a sponsored promotion for the AcreTrader platform. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. Bill Gates explains why he buys so much farmland 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. Bill Gates Finally Explains Why He's Buying So Much U.S. Farmland In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. Gates has a big vision for all that land, but unfortunately it doesn't involve organic, biodynamic or regenerative farming methods, which are needed to heal ecosystems and produce truly sustainable, nourishing food for future generations The other major crops oats and forages are mostly fed to livestock on farms in the area. The . However, the Gates Foundation has been largely transparent at every level of their operations from their objectives, means, successes, and failures. 1995 - 2023 by Snopes Media Group Inc. 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. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. Gates does own a lot of farmland. Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years. NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money. Click here to view current offerings on AcreTrader! 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. 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. At the turn of this century, Chinese owners owned about 192,000 acres of farmland in the U.S., according to the USDA. As the Land Report notes, 24,800 acres of the land istransitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the mostpopulous city in Arizona. Bill Gates' farmland purchase raises red flags 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). Momentum accelerated during the 2008-2009 Great Financial Crisis, when investors grew desperate for alternatives to traditional safe haven investments like bonds and gold. Is this just a regular investment move, made on a large scale? 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. AcreTrader is one of the most well-established farmland crowdfunding platforms out there. Farmland as an investment offers low volatility. So while Dan Gilbert owns the most property downtown, his 30-odd buildings seem small compared to what Kelly, Tatarian, Moroun, and others own. Check out:How To Invest In Real Estate With $100. KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. The Gates Foundation has seen steady success and growth since their launch, funding science, research, agriculture and education. 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.

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