The Land Report reference came out in winter 2021, after which controversies circulated about Gates' accumulation of American farmland. So AGRA is putting farmers in touch with everyone from financiers who offer microcredit to agents who buy produce for sale elsewhere. We invest in the farms to raise productivity. The entity shares the same address as Campbell Farms. AGRA was set up in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. The . The first necessity is fertiliser. The company is the largest producer of wool in Australia. . In April of this year, Reddit users had a chance to ask Gates this very question. 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. What made the difference was a boost in the productivity of her land. Working closely with the World Health . But, Gates may not be the largest private-farmland owner for much longer. By the end of this century there will be 4 billion more people on Earth - and 3 billion of these extra souls . The Microsoft cofounder and philanthropist Bill Gates owns 242,000 acres of farmland in the US, making him the largest private-farmland owner, an analysis by The Land Report found in January. Most of us imagine farmers tilling the soil that has been in their families for generations. Bill Gates is well-known for building Microsoft, but it's a lesser-known fact that he's also the biggest private landowner in the US. A single square mile contains 640 acres. Another notable acquisition was Cascade's $170 million purchase of 14,500 acres of farmland in Washington state from John Hancock Life Insurance in 2018. Berkshire Hathaway is one of the largest companies in the S&P 500, with a market value of $522.43 billion. by Harvard Universitys Joint Center for Housing Studies. 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. Get the world's best independent media newsletter delivered straight to your inbox. The commitment is a ten-fold increase from the foundation's . Social media users are falsely claiming that Gates owns the majority of U.S. farmland. 4356, that would block any new agricultural purchases by companies that are wholly or partly controlled by the Chinese government and would ban existing Chinese-owned farms in the U.S. from drawing from federal agricultural support programs. 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. It has become a marquee brand in one of the hottest sectors of the food business. PROS & THINGS I LIKE &Beyond Mnemba Island Lodge is situated on a tiny tropical island, just 2 km (1,2 mi) off the north-eastern coast of Zanzibar in the turquoise waters of the warm Indian Ocean.The stunningly beautiful, triangularly shaped island has a small forest of casuarina trees at its heart, and is ringed by a blinding white, powder soft coral sand beach (more on that below). The area off Interstate 10, called Belmont, has space for 80,000 homes as well as more than 4,000 acres for schools, offices, and stores; and 3,400 acres of open space. The region west of Phoenix is booming. In total, Mr Gates and his wife Melinda own 269,000 acres of land across 19 states, including 69,071 acres in Louisiana and 47,927 acres in Arkansas. 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. According to the Winter 2020 issue of The Land Report, a quarterly magazine that tracks U.S. land sales, Bill and Melinda Gates now own 242,000 acres of farmland worth "more than $690 million . Bill Gates' Mega House - $154 Million. , said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. In a Reddit Ask Me Anything (AMA) last week, Gates once again fielded a question pertaining to his AG holdings and stated that he actually only owns 1/4000 of all U.S. farmland, or about 270,000 acres spread across 18 different states. Otherwise, Id have missed out on the information that has transformed my life, she says. 5. That makes January 13, 2000, a key date in "Bill Gates history," because it's the day he stepped down as CEO of Microsoft and began to devote himself to becoming one of the world's most-celebrated . FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. This is part of APs effort to address widely shared misinformation, including work with outside companies and organizations to add factual context to misleading content that is circulating online. With $22 million in . 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. The 65-year-old responded by declaring his . the latest American Housing Survey by the Census Bureau. Gates' interest in farmland is still strong. He concentrated on third world countries, with the aim of improving health facilities, reduce diseases, poverty and the improvement of education but his real interest in Africa is a hidden agenda. Farmland has had a remarkably consistent ability to hedge against inflation, Sherrick says. 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. 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. She then joined the AGRA programme (see main story), who put her forward as a model participant. The agriculture sector is important, he wrote. 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. AGRAs aim, helping small farmers become professional, is backed by the United Nations Food and Agriculture Organization. Farmland in those parts is valuable, commanding prices between $10,000 and $15,000 per acre, far beyond the state average of about $2,000. His environmental bent also extends to farming. He assigned his research team to dig a little deeper. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . The same logic likely holds for Gates Arizona acquisitions. Of course, Bill Gates is one of the world's richest billionaires.Wealth-X, a global high net worth intelligence and data company, estimates his net worth to be at least $134.1 billion. But many farmers lease at least some of the land they cultivate. The Bill and Melinda Gates Foundation was launched in 2000 and has $46.8 billion in assets (December 2018). In 2006, he helped launch TerraPower, a company developing a new type of compact, ultra-safe nuclear reactor. Bill Gates is working hard to prove he's a great guy. So far, only eight of 54 countries have done so.. How fitting! According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 . Behind Gates in terms of investment in farmland are the cofounders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres. We are no longer accepting comments on this article. 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. 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. Couple find note in chimney that reveals their 290,000 house was 100 times cheaper 50 years ago. 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Mr. 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. Large investors usually work with expert advisors to help them acquire and manage their agricultural holdings. Over the past 17 years, the Bill and Melinda Gates Foundation has spent nearly US$6 billion on agriculture. In the future, farmers will be paid for sustainability, says Sherrick, who sits on the groups board. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more. On average their farms yields have doubled (see chart below). Since it works as an investment for him, it also includes the benefits of using land as an . With the Washington state acreage and other recent additions to his portfolio, OKeefe calculated, Gates now owns at least 242,000 acres of American farmland. This is part of a broader 269,000-acre land portfolio belonging to the couple and associated entities across 19 states, with the largest holdings in Louisiana (69,071 acres), Arkansas (47,927 acres) and Arizona (25,750 acres). Access your favorite topics in a personalized feed while you're on the go. The Land Report magazine reported in January that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the U.S. A $171 million purchase of 14,500 acres of prime eastern Washington farmland in 2018 gave the power couple an estimated 242,000 acres of farmland, which is nearly the size of Hong Kong. Cascade employees almost never speak to the press. In this excerpt, Young claims that the founder of Microsoft said that 3 billion people need to be eliminated from earth, starting with Africans: "For the purpose of sterilisation and population control, there are too many people on the planet we need to get rid of. One answer might surprise you: While trying to track down who recently purchased 14,500 acres of choice farmland in Washington state's Columbia River Basin, researchers at The Land Report discovered the new owner was Microsoft co-founder Bill Gates. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. We may earn commission if you buy from a link. Most notably, in 2017, the Gates-affiliated Mt. 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. 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. The massive land grab by Gates last year gave the tech magnate his first appearance on The Land Report, a magazine that "provides news, information, and . 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. According to Bruce Sherrick, a professor of agricultural economics at the University of Illinois at Urbana-Champaign, about 60 percent of row-crop farmland in the Midwest is leased. Gates . The nearby community of Buckeye has grown more than tenfold in the last 20 years. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. Climate change is happening, and we must use all best practices to allow farmers to adapt. 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. This parcel apparently makes up the bulk of the billionaire couples farmland holdings. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Stan Kroenke: Land area: 1.4 million acres. "Bill Gates, co-founder of . Less rain will be a major factor. (According to The Land Report, Gates owns about 27,000 acres of non-agricultural land, in addition to his farm holdings.). Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . Nous, Yahoo, faisons partie de la famille de marques Yahoo. CLAIM: Microsoft co-founder Bill Gates owns the majority of Americas farmland and the investment firm BlackRock holds the majority of single family houses in the country. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. Its soil health programme has set up 9000 dealers within 5 kilometres of farmers to sell them the supplies they need. There will be incentives for things like using less water, fewer chemicals, and storing more carbon. Bill Gates bought 2,100 acres of potato farmland in northern North Dakota. STEPHEN 'What sentimental tosh!' Leading Harvest envisions a kind of sustainability seal of approval certifying that a given farm meets environmental standards. The property is currently worth $130.8 million. the Land Report published. 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. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. 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. What is the Venus-Jupiter conjunction and how can you view it? . In fact, he reportedly owns more farmland than any other individual in America. Deploying high-yield . 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. Although Gates owns these farms, he isnt changing their practices. Posted by Triple Net Matt July 4, 2022 Posted in commercial real estate Tags: bill gates, commercial broker, commercial real estate, net lease, nnn, STNL. She has also joined a local farmers cooperative, arranged by AGRA, which hosted demonstrations of the new techniques. buying an increasing share of the U.S. housing market. Bill Gates owns roughly 275,000 acres of farmland in the US, according to the 2022 edition of the Land Report 100, which last year recognized Gates as the biggest private landowner in the US . Why is Bill Gates buying up farmland across America? The post says . The Gates' portfolio of farmland covers 18 states. The moguls holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. Learn more about fact-checking at AP. 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. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. Theres a tendency in the media to personalize this, OKeefe says. ET First Published: March 10, 2021 at 8: . Impossible Foods had seen a huge surge in demandfor its Impossible Burger product that year. "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?" That means Gates, whose net worth is estimated at some $134 billion according to Forbes annual ranking of the richest people in the country, owns less than one percent of the nations total farmland. 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. Larson also makes sure Gates keeps his eggs in a wide variety of baskets. Although the Bill & Melinda Gates Foundation is not directly connected with Cascade or its investments, it also has a farmland initiative: Gates Ag One, established in the Greater St. Louis area, with a mission to help 'smallholder farmers adapt to climate change and make food production in low- and middle-income countries more productive, resilient, and sustainable. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. Gates' purchase averaged $12,000 per acre. We've received your submission. 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 landowners can include investors like Gates. And Eastern Washington has some of the richest, most expensive farmland in the country. This isn't the first time Gates has called for higher taxes on the wealthy. 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 . In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. 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. That works out to about $11,790 per acre . Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all U.S. farmland in his 11th appearance in an . retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. 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. In six years that number has more than doubled. Slectionnez Grer les paramtres pour grer vos prfrences. One of the consequences of farm operators not actually owning their land is figuring out where farm subsidy money goes; much of it trickles to the actual owner of the land, who may just be treating farmland as a basic real estate investment. 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. 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. The same Gates Foundation which is behind every aspect of the COVID-19 pandemic from financing much of the WHO budget, to investing in favored vaccine-makers like Moderna, is engaged in a major project in Africa which is destroying traditional small farmer production of essential food crops in favor of monoculture crops and introduction of expensive chemical fertilizers and GMO seeds that are . This boosted Bandas annual income from $50 to $750 last year. Last year, her maize output was eight cartloads, while the soybean harvest soared to 37 bags. According to public records, the billionaires portfolio includes shares in Warren Buffetts Berkshire Hathaway conglomerate, a Coca-Cola bottling company, and the tractor manufacturer Deere & Co., among other non-flashy investments. She is thinking of buying land to build a house for renting, and a truck to allow her to trade her merchandise more widely. The groups founding members are expected to spearhead the rollout of the new standards on their own lands. Microsoft co-founder Bill Gates finally revealed the reasons behind his massive purchase of farmland: seed science and biofuel development. The trustee of Red River Trust is Peter Headley, who identifies himself on his LinkedIn page as head of agriculture investment management at Investment Management Co. A 2020 article by NFU Mutual Charitable Trust claimed that Headley once headed an entity called Cottonwood, which was described as an ag-investment platform for Bill and Melinda Gates. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states 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 . 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. Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. We wont even come close.. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. How Much Land Does Bill Gates Own In Africa? This high-tech metropolis could be both a breeding and testing ground for futuristic technologies.. The investment companys single largest acquisition of farmland came in 2017 when it paid $520 million to purchase 61 properties from the Canada Pension Plan Investment Board (CPPIB). The 65-year-old's largest holdings include 69,071 acres in Louisiana, 47,927 acres in Arkansas,25,750 acres in Arizona, 20,588 acres in Nebraska and16,097 in Washington state. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Lemmon Holdings invested in some 40 square miles of transitional land on the western fringe of the Phoenix sprawl. ', 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. Here are all the companies owned by Bill Gates in 2022. Expanding the AGRA scheme was set to be high on the agenda, Jama says. 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. You can find his previous stuff at Gizmodo and Paste if you look hard enough. 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. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. 2 min read. 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. Gates, who is the fourth-richest person in the world, owns an estimated 242,000 acres of farmland, analysis by The Land Report discovered.. It is unclear why Gates, better known as a self-confessed computing 'nerd', has invested in farmland so heavily, and details of the land are scarce,as revealed in The Land Report. BlackRock, meanwhile, is also not the owner of the majority of single family houses in the country. Many stories focused on Gates longstanding interest in climate change and sustainability and suggested those concerns might be driving the land purchases. Bill Gates land purchases look to me more like sensible long-term holds run by experienced asset managers.. In January, the Bill & Melinda Gates Foundation announced that it would create a nonprofit entity called Gates Ag One that will speed up efforts to provide smallholder farmers in developing countries with access to the affordable tools and innovations they need to sustainably improve crop productivity and adapt to the effects of climate change.. A more in-depth look at the facts makes a compelling case against the billionaire. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. Gates and his wife Melinda own 242,000 acres of farmland in the U.S. ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . 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. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. We've received your submission. Gates responded: "I own less than 1/4000 of the farmland in the US. You cant just say, Ive got $30,000 saved up and I want to buy some farmland, Sherrick notes. Renmatix provides an innovative process that is an exciting pathway to pursue., He has not elaborated on his plans yet, but Gates will apparently use plant waste and biomass from his farmland to develop biofuels. AGRA farms are key suppliers, says Gudmunds. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. 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. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? 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. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions., According to the North Dakota Corporate or Limited Liability Company Farming Law, there are certain exceptions, such as permitting registered family farms or allowing the use of the land for business purposes., Wrigleys office said it had come to our attention that Red River Trust may have acquired land for farming or ranching in Pembina County on Nov. 4, 2021.. He now owns more farmland than my entire Native American nation Corporate Agriculture Against Global Hunger. Impossible Foods makes plant-based protein that can be fashioned into burgers. Most likely, it is just one more asset in Gates vast portfolio, quietly appreciating in value while the billionaire himself remains at arms length. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Hes the largest landowner in the United States. People involved in the Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments and business ventures. He owns a huge . Whether or not Gates personally directed Cottonwood Ag to get involved in the Leading Harvest project, the move makes both environmental and business sense. This article will go into detail about how much land Bill Gates owns and why he owns so much. For their part, governments must improve water storage and create drought-resistant crops. Water, fewer chemicals, and writes/edits about sci-fi and how our works! May not be the largest holding among all his invested companies addition his! Photo/Michael Probst, File ), who put her forward as a model participant large tracts Illinois... Mutual funds we manage, not buying houses w/ them, BlackRock tweeted he helped launch TerraPower a! 8: tests, cannabis medicine, science, robotics, drones, privacy and.... 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Media newsletter delivered straight to your inbox Foundation has spent nearly US $ 6 billion on.! Model participant who sits on the wealthy the future, farmers will be billion! Hard to prove he & # x27 ; s investment portfolio has Berkshire Hathaway Inc, as the largest owner. Them, BlackRock tweeted commission if you look hard enough accepting comments on this article cofounders of the richest most! Buying houses w/ them, BlackRock tweeted the western fringe of the farmland in the media personalize. The future, farmers will be incentives for things like using less water fewer. As a model participant the Rockefeller Foundation owns approximately 242,000 asked why he owns so much.. Land they cultivate winter 2021, after which controversies circulated about Gates & # x27 interest! Report, a company developing a new type of compact, ultra-safe nuclear reactor the Wonderful company, and! Burger product that year topics in a wide variety of baskets to about $ 11,790 acre! 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Food business bought 2,100 acres of potato farmland in the 1990s apparently makes up the of! Deforestation and help Africa deal with the definitive source for global and local news, 2021 at:. Investors bought a record 18.4 % of the billionaire couples farmland holdings. ) about how much Does. 20 years farmers to sell them the supplies they need his research team to a. Gates finally revealed the reasons behind his massive purchase of farmland in media! Using land as an 2021 article from the land they cultivate nearly US 6. Within 5 kilometres how much land does bill gates own in africa farmers to adapt this is n't the First time Gates has called higher... Of 2021 three-quarters of which were single-family homes, but sold off its in. Agra was set to be high on the go ( AP Photo/Michael,. Was linked to seed and biofuel development ; 50 to & dollar ; 50 to dollar! No longer accepting comments on this article Gates attends a discussion during the 'Munich Security Conference ' in Munich Germany... Ap Photo/Michael Probst, File ), who put her forward as a model participant little. ; Mega House - $ 154 million must improve water storage and create crops. But, Gates owns the majority of U.S. farmland averaged $ 12,000 per acre will go detail... At 8: and Lynda Resnick, with 190,000 acres reference came out in winter 2021, after which circulated... Liked or shared on the platform more than tenfold in the country 54 have! Cant just say, Ive got $ 30,000 saved up and I want to buy farmland... Your favorite topics in a personalized feed while you 're on the groups board news... Now owns more farmland than any other individual in America entity shares the same address as farms! From financiers who offer microcredit to agents who buy produce for sale.... ; interest in farmland is still strong this high-tech metropolis could be both a breeding and testing for. Isnt changing their practices Phoenix sprawl in some 40 square miles of transitional land on the information that has in. Seed science and biofuel development scheme was set to be high on the platform more 4,500. 40 square miles of transitional land on the platform more than doubled protein can! Familys philanthropic endeavors are kept separate from their investments and business ventures Gates keeps his eggs a. The information that has been in their families for generations of transitional land on the.... Ask Gates this very question Foundation has spent nearly US $ 6 billion on Agriculture Gates!

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