Who are the biggest absentee landowners in Illinois? Here's why the ultra-wealthy like Bill Gates and Thomas Peterffy are Why Is Bill Gates Buying Farmland? How Much Does He Own? - Farmfolio Using those figures, Gates would own about 0.027% of U.S. farmland. In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. Accessed 28 Apr. What is the most profitable crop in Michigan? The Bureau of Labor Statistics latest update shows egg prices rose 60% over the last year. The timeline of events leading to the shortages, claim multiple Instagram posts, goes like this: "2013: Bill Gates invests (in) plant-based eggs, poultry, and meat", "2021: Bill Gates becomes the largest private farmland owner in the U.S.", "2021-2023: Mass chicken and egg shortages hit American farms", The Gateway Pundit, a conservative website, shared a similar claim.
Bill Gates Buys Farmland in Amish Country - YouTube Table of Contents show
In April 2022, conspiracy theorists insinuated that billionaire Bill Gates was buying up "the majority" of American farmland as part of a diabolical plot to cause widespread food shortages. Bill Gates Uses Farmland as an Investment Outlet Buying up Potato, Carrot and Onion Farms. NBC News, https://www.nbcnews.com/tech/tech-news/mcdonald-s-french-fries-carrots-onions-all-foods-come-bill-n1270033.
Bill Gates tells Reddit why he's bought so much farmland - AFN He recently tried to explain why, and it was a little hard to follow. Bill Gates (AP Images) Bill Gates is buying up America's farmland. The cost of chicken has also gone up, although not as drastically. The counties with the most total acres of foreign-owned ag land are Keweenaw, Baraga and Alger. Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. (Read more about our partnership with Meta, which owns Facebook and Instagram.). Why did he decide to buy in Amish Country? St. Petersburg, FL
Bill Gates' North Dakota Farmland Purchase Approved by the - AgWeb Gates private office, Gates Ventures, told PolitiFact this claim is false.
In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. Farmland in am. 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. 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.. These claims are not true. Since his divorce, it is unclear how the assets were split up between the couple.
Bill Gates Is America's Largest Private Owner of Farmland - Breitbart He has been buying thousands of acres across America. We may earn commission if you buy from a link. RELATED: What Bill Gates has to do with livestock, lab-grown meat, RELATED: Eggflation? 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. The North Dakota attorney general's office recently inquired into a 2,100-acre farmland purchase by Red River Trust, an entity affiliated with Bill Gates. In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. Our state produces about 75 percent of the nations tart cherry crop. 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. He has invested in multiple companies developing artificial or plant-based alternatives to meat, but he supports chicken farming and agricultural development. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan.
Bill Gates is the largest farmland owner in America: report - New York Post About 350,000 acres of the U.S. government land in Hawaii were kept for military installations and national parks. While much of this land was transferred to the new state of Hawaii in 1959, the federal government did keep some. False. 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. Gates responded: "I own less than 1/4000 of the farmland in the US. To put it into perspective, if all of Gates land was in one place, it would cover about 25% of Rhode Island. While BlackRock does not directly own single-family houses, as the worlds largest asset manager (here), it owns stock in companies that do. Gates started purchasing farmland circa 2013 through his investment group, Cascade Investments. We invest in the farms to raise productivity. While the Gates' own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. See MCL 436.1701., Michigan taxpayers are allowed to take a number of exemptions, depending on the number of people in the taxpayers household, their ages, and other factors, If the defendant is held for more than 24 hours without being brought before the court under subsection (2), the officer in charge of the, An ORV or off-road vehicle is a motor-driven, recreational vehicle capable of driving on a range of terrains not limited to roadways and, Michigan leads the nation in tart cherry production. 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 41 on The Land Report's 2022 list of Americans who own the most land. 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.. Who knows. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states. Microsoft founder and billionaire turned philanthropist Bill Gates recently laid the long-time conspiracy theory that he owns some 80% of all U.S. farmland to rest in . Gates does not own anywhere close to the majority of America's farmland. They ripen in late July and early. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. He's the new MacDonald: Bill Gates owns hundreds of thousands of acres across the United States including 242,000 acres of farmland making him the country's top agricultural landholder, according to Eric O'Keefe's The Land Report. Suggests virologists death is linked to COVID-19 vaccines. Our Standards: The Thomson Reuters Trust Principles. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". Claims online that billionaire Microsoft co-founder Bill Gates owns the majority of U.S. farmland and that BlackRock, the worlds largest asset manager, owns the majority of U.S. single-family houses are factually inaccurate, according to industry data and spokespeople for Gates and BlackRock. Conspiracy theorists claimed last year that the Microsoft founder was buying up farmland in the U.S. in order to starve Americans for an unknown reason, Snopes said, after researchers said in. Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that farmland returns historically out performs most other investment vehicles, and is also comparatively the least volatile asset among the bunch. stated on February 13, 2023 in a Facebook post, Gates investments in plant-based meat and farmland. Oftentimes, those fingers get pointed at Gates. researchers warned about the potential risk of a global food shortage, currently no nationwide food shortages in the United States, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal, 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, you'd cover an area about a quarter the size of Rhode Island, Gates was putting microchips into vaccines, Gates had input tracking devices into vaccines, vaccinations as a way to depopulate the planet. 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. While private companies and corporations are increasing . So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? China has steadily accumulated U.S. Treasury securities over the last few decades. Essentially, by year 2030, the estimated results of what carbon emissions (and their, Eradicate major diseases such as polio, malaria, and HIV, Reduce child death by half across the developing countries in Africa, Educate and empower small-holder farmers through mobile banking, Featured in the agricultural side of their plan is a strategy for. Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. Gates' interest in farmland is still strong. Gear-obsessed editors choose every product we review. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. The tweet had gathered over 215,000 likes at the time of writing. Microsoft founder Bill Gates and his wife Melinda have amassed the largest portfolio of private farmland in the US, according to The Land Report. Deals are highly vetted with around a 1% acceptance rate, You pick and choose what specific farms you want to invest in, Investors do not have access to a secondary market yet, so you should be familiar with the time horizon. 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. Should we be worried about a tech giant like Bill Gates amassing this wild amount of land? 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. 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. (here). In fact, Gates is the owner of over. Official govt docs expose Michelle Obamas 14 year history as a man., "Woody Harrelsons 60 seconds in the middle of his monologue was cut out of the edits released after the show., BREAKING Trump preps Marines to stop presidential coup.. Mr. Gates owns about 97,934 hectares, accounting for about 0.03% of . This article Bill Gates Finally Explains Why He's Buying So Much U.S.
Bill Gates is the biggest private owner of farmland in the United While Gates has spent billions investing in agricultural properties to make them more productive, a growing number of retail investors are getting a piece of the real estate market with as little as $100 through companies backed by high-profile investors like Jeff Bezos. Where Does Bill Gates Own Farmland in the US. An archived version of the tweet can be found (archive.ph/8Tq36). 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. Farmland originally appeared on Benzinga.com. Gates' farmland purchases, which have mostly been made in the last five years, started in 2017 when he bought $520 million of farmland spread over five dozen properties from the Canada.
Bill Gates-Tied $13M Farmland Purchase Angers North Dakotans In their Big Bet, they recognize that the impoverished people stand to be impacted the most by these changes. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states.
Bill Gates now the biggest owner of farmland in the US Bill Gates buys farmland in Amish Country. Hes also written about the need for more ways to produce meat without depleting environmental resources.
Bill Gates owns a lot of farmland. | Iowa Hawkeyes fan forums - Go Iowa Accessed 28 Apr. Snopes and the Snopes.com logo are registered service marks of Snopes.com. Recently, NBC News reported that Bill Gates along with his estranged wife Melinda Gates had acquired more than 269,000 acres of farm in the United States in the past 10 years. Talk about big bets. What Happened: Gates answered dozens of questions over the course of a few hours during the AMA, including: 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?, He responded, I own less than 1/4000 of the farmland in the US. While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. The old saying about land is they aren't making any more of it. Supply and demand? Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Bill Gates purchase of a large patch of land in North Dakota has sparked fury and conspiracy theories on social media after the Microsoft billionaire secured legal approval to purchase the 2,100 acres of farmland in the state last week.
Bill Gates is America's biggest farmer with 269000 acres farmland which In fact, he reportedly owns more farmland than any other individual in America. You're looking into Bill Gates' Red River Trust purchase of . The 2,100 acre potato farm adds to his massive portfolio of farm investments. 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. as well as other partner offers and accept our. 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. But there is no evidence these investments are linked to a nationwide shortage in chicken and egg products. Either that or I had a screw loose. This is a sponsored promotion for the AcreTrader platform. The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. All quotes delayed a minimum of 15 minutes. 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 . By 2019, the USDA says foreign ownership of U.S. acres exceeded 35.2 million acres, a 60 percent increase from the decade prior. Farmland is what is known as an alternative asset an investment that can grow wealth outside of the stock market. Their low fees and competitive returns set them apart from many of the other platforms out there. Owning farmland is one of the most prudent financial investments to make now. for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant. Well, as with everything in life, there is always a trade-off especially in finance. How can this inform our personal investment decisions? According to lovemoney.com, the church owns more than 70 million hectares. Officially, the general public doesnt know exactly what Bill Gates growing farmland estate is being used for. Why? The Guardian, 5 Apr. Bill Gates investments in farmland can be seen as part of this trend. Is Gladstone Land Corp (LAND) A Good Investment? In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. February 27, 2023, 11:49 AM. 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. Bill Gates, and the Chinese, are not just buying up farm land for that purpose. By divesting his personal wealth from his own thriving tech company, and diversifying into myriads of other non-tech based businesses, Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became. The total portfolio of farmland is worth well over $700 million. 1800 I Street NW
Bill Gates Finds Farmland To Be One Hot Commodity 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. Pregnancy tests include a hidden Plan B pill. This article was produced by the Reuters Fact Check team. The Justice Department has been calling parents that are concerned about what their kids are being taught, they are labeling them terrorists., Sen. Marco Rubio signed a 2021 letter that supports waivers that would reduce visual track inspections.. Chinas American agricultural land holdings have increased over tenfold in the last decade, and at the beginning of 2020, investments from China held $2 billion of American agricultural land. 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. Tue, Feb 28, 2023 LOGIN . Gates and his investment team own more than 240,000 acres, as reported by OKeefe, including 2,167 acres in Michigan. Corn production is concentrated in the Lower Peninsula with Saginaw and Lenawee counties as Michigans largest producers. Infected flocks are culled to prevent the flu from spreading. The billionaire is one of the founders of the Giving Pledge, which asks the world's wealthiest people to give away most of their fortunes to charitable causes. 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. The No.
Bill Gates gobbling up Florida farmland | News | sharonherald.com