where is bill gates' farmland in michiganviva chicken plantains

In this short period of time, there was a proliferation in funds that were specifically focused on farmland investing. Gear-obsessed editors choose every product we review. Gates' interest in farmland is still strong. It is reported that Bill Gates owns over 269,000 acres of farmland in over a dozen states, making him the largest farmland owner in America. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. 2023 Benzinga.com. I have invested in these farms to make them more productive and create more jobs. Bill left most of his professional work at Microsoft at this time to work with Melinda and the foundation. 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. The Agriculture Department estimates there are more than 895 million acres of farmland in the U.S., making Gates share 0.028%. Hearst Magazine Media, Inc. All Rights Reserved. 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. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. Why doesnt everyone just invest in farmland then? 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. But that's just a portion of the vast holdings Gates and his ex-wife, Melinda French Gates, own from sea to shining sea. Bill Gates: Der grte Eigentmer von Farmland in den USA In Washington, the duo owns more than 14,000 acres of farmland that includes potato . This position in Microsoft was quickly funneled by Cascade Investment into this long term growth strategy. You either had to directly buy the land, pony up millions to participate in a fund or purchase farmland via a REIT. Bill Gates Buys Farmland in Amish Country - YouTube Farmland is what is known as an alternative asset an investment that can grow wealth outside of the stock market. as well as other partner offers and accept our. Gates does not own anywhere close to the majority of America's farmland. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and . There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. Based on Bill Gates budding friendship with Warren Buffett, Cascade adopted much of Buffets approach to investing: invest in good companies, and hold long term to see healthy returns. 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. Oct 22, 2014. How can this inform our personal investment decisions? Sign up for notifications from Insider! 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. In reality, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal. Why Is Bill Gates Buying Farmland? How Much Does He Own? - Farmfolio NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money. a Reddit user asked. Avian flu is highly infectious, can spread rapidly from flock to flock, and can often kill chickens. Our state produces about 75 percent of the nations tart cherry crop. 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. Social media posts blame Gates investments in plant-based meat alternatives and his status as the nations largest private farmland owner for triggering the countrys current chicken and egg shortages. 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. Using those figures, Gates would own about 0.027% of U.S. farmland. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. These subsistence farmers can order equipment and seeds they need, paying what they can over a longer period of time. Since 2020, Gates has held the title of the nations largest private farmland owner, per The Land Report. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Fact Check-Bill Gates doesn't own most U.S. farmland - Reuters Your membership is the foundation of our sustainability and resilience. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. The billionaire philanthropist Bill Gates, America's largest farmland owner, apparently bought a potato farm in North Dakota, and local residents aren't too happy about it. While private companies and corporations are increasing . Bill Gates tells Reddit why he's bought so much farmland - AFN Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. Farmland Riches, LLC and the owners may have investments in companies represented on the AcreTrader platform. 2022. This material may not be reproduced without permission. In January 2021, Bill Gates became the largest owner of farmland in the United States. Bill Gates Doesn't Own That Much Farmland | Aaron Smith Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Why Bill Gates Is Investing In Chicken-Less Eggs, Memphis Meats raised $161 million to grow meat from cells, Bill Gates and Richard Branson backed a food startup which grows meat in labs, How Beyond Meat became a $550 million brand, winning over meat-eaters with a vegan burger that bleeds', Bill Gates headlines an all-star list of investors pumping $75 million into meatless burgers, How Impossible Burgers simple vision won hundreds of millions in funding and backing from Bill Gates. Any why now after years of massive success? While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. 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. Oversight," June 15, 2018, The Chicago Tribune, "Chicken nuggets and cream cheese grow in trays in a South Side lab. The major cash crops are field beans, sugar beets, corn and wheat. Across the nation, Gates' affiliates . In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. He recently tried to explain why, and it was a little hard to follow. Invitation Homes, for example, has approximately 80,000 homes for lease across the country and is the largest landlord for single-family homes in the United States (here) (here). The transitional land he owns in Arizona is reportedly being built into a suburb. Gates also owned up to the various failures in their initiatives, and admitted that they try their best to leverage the expertise and wisdom from the community leaders present in the areas they aid. Interestingly enough, though the Bill and Melinda Gates Foundation is working on this agriculture initiative. 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. This is because of more intense seasons of drought and rain. F' off Gates! Microsoft co-founder Bill Gates is America's top private farmland owner. This article was produced by the Reuters Fact Check team. Who are the biggest absentee landowners in Illinois? Bill Gates Attempts to Explain Why He Bought More Farmland - Futurism 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. Accessed 28 Apr. Bill Gates is America's biggest farmer, his 269000 acres farmland grows potatoes and carrots Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. The. Gates does own a lot of farmland. Report: Bill Gates is largest owner of private farmland in U.S., with Breitbart News reporter Alana Mastrangelo wrote: Gates is now America's largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according to the Land Report. The REAL reason Bill Gates is buying US land. In 1994, Bill Gates opened up his family office, Cascade Investment LLC, with trusted wealth manager Michael Larson. Should we be worried about a tech giant like Bill Gates amassing this wild amount of land? It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions." Back in January, US magazine The Land Report revealed that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the US, comprising an estimated 242,000 acres. With her 6.6 billion acres, Elizabeth II is far and away the worlds largest landowner, with the closest runner-up (King Abdullah) holding control over a mere 547 million, or about 12% of the lands owned by Her Majesty, The Queen. What special interest does Bill Gates have in farmland? See here for a complete list of exchanges and delays. Bill Gates owns a lot of American farmland, but not the majority Well, as with everything in life, there is always a trade-off especially in finance. 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. Bill Gates was right when he sold his own Microsoft stock to diversify through Cascade in 1994. If youve been on the fence about getting into farmland, maybe now is the time to reconsider. "It is not connected to climate. 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. 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.

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