Official: Michigan State gunman had note threatening 2 New Jersey schools. Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. 1800 I Street NW Your membership is the foundation of our sustainability and resilience. Gates does not own the majority of U.S. farmland. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. Youre not investing in a building that will decay over time, but the rich farmland itself. In the past 20 years, the foundation has grown to hold over $48 billion. 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. 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. These states include: Arizona - 25,750 acres; Arkansas - 47,927 acres . 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. This is because of more intense seasons of drought and rain. As unfounded rumors related to the cause of a yet-to-happen food crisis circulated online, many people started to point fingers at a favorite target of conspiracy theorists, former Microsoft CEO Bill Gates. According to a 2022 report from the U.S. Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the U.S. Gates owns roughly 242,000 acres, about 0.03% of the total. No, its the Roman Catholic Church. Purchasing your own farm outright means that you are not diversified across many farms; just 1. 33701 54. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. Corn production is concentrated in the Lower Peninsula with Saginaw and Lenawee counties as Michigans largest producers. 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. "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?" 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.. to not use their land, is working towards their real agenda. Why Is Bill Gates Buying So Much Farmland? Using those figures, Gates would own about 0.027% of U.S. farmland. The No. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became the largest private foundation in history. Our Standards: The Thomson Reuters Trust Principles. While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. This informational is by no means a promotion, solicitation, or recommendation of any specific investment. Bill and Melinda Gates also cracked the Land Report's Top 100 Landowners for the first time coming in at number 49. 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). According to a January 2021 article by The Land Report, Gates owned 242,000 acres of farmland through two investment management firms - Cottonwood Ag Management and Cascade Investment (here). Bill Gates buys farmland in Amish Country. the Gates Foundation answers the top ten questions they received, and they admitted that they didnt think it was fair that their family had so much global influence. These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. 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. 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. 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. He was right when he predicted the COVID-19 epidemic in 2015. The counties with the most total acres of foreign-owned ag land are Keweenaw, Baraga and Alger. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. The agriculture sector is important. There were 895.3. While there are currently no nationwide food shortages in the United States, nor widespread disruptions in the supply chain, the potential of such shortages caused many people to feel that their food security was suddenly uncertain. Infected flocks are culled to prevent the flu from spreading. Those people are upset, but there are others that are just livid about this.. Bill Gates investments in farmland can be seen as part of this trend. But these land holdings account for only a tiny share of the countrys total farmland. 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. Gates personal farmland portfolio is managed by Michael Larson and Cascade Investment. 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. 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. Across the nation, Gates' affiliates . By Jenna Hoffman July 5, 2022. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. Stay up to date with what you want to know. It reported that as of 2022, Gates owned about 248,000 acres of farmland. Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. You can find his previous stuff at Gizmodo and Paste if you look hard enough. NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money. 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. Gates and his wife, Melinda, own 242,000-acres across the U.S., according to The Land Report.. Gates' farmland includes 69,071-acres in Louisiana, 47,927-acres in Arkansas, 25,750-acres in Arizona, and 20,588 in Nebraska, and property in 14 other states, the magazine reported. With all of this recent farmland accumulation, one might think Gates is using this land to research these gene edited super seeds. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. 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. Nancy Pelosi (purchased) 10,000 shares of Amgen, manufacturer of Nplate, a drug used to treat radiation sickness.. What Asset Class Is Farmland Considered To Be? Northern Kansas land sale averages $3,500 per acre. However, there are also countless farmland investing platforms gaining traction now too. It is not connected to climate. Thats because the old adage goes: Buy landthey arent making it anymore. (Which volcanologists know isnt exactly true, but you get the idea). How many farms Does Bill Gates Own? How Many Hours Is It From Detroit To Michigan? Nebraska has the third-most Gates-owned farmland in the nation. 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. 41 on The Land Report's 2022 list of Americans who own the most land. TheNew York Post reportsthat public records recently cited by AgWeek reveal that an entity called Red River Trust with links to billionaire Bill Gates recently purchased 2,100 acres of potato farmland in northern North Dakota, prompting state officials to intervene after complaints from local residents. 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. During his 11th appearance in the "Ask Me Anything" . So while Dan Gilbert owns the most property downtown, his 30-odd buildings seem small compared to what Kelly, Tatarian, Moroun, and others own. Bill Gates and conspiracy theories go together like peanut butter and jelly. Zu den grten Gates-Unternehmen zhlen etwa Betriebe mit 27.952 Hektar in Louisiana, 19.395 Hektar in Arkansas, 10.420 Hektar in Arizona, 8.331 Hektar in Nebraska und 6.514 Hektar im Bundesstaat. 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. In their Big Bet, they recognize that the impoverished people stand to be impacted the most by these changes. In fact, he reportedly owns more farmland than any other individual in America. 2021. Officially, the general public doesnt know exactly what Bill Gates growing farmland estate is being used for. Here are a few likely reasons why Bill Gates is scooping up farmland: Whatever you may think about the man himself, 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. But these companies do not own a majority of U.S. single-family homes. The Bureau of Labor Statistics latest update shows egg prices rose 60% over the last year. Gates is just using farmland to make Agri-Tech and financial investments. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and . Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. Snopes and the Snopes.com logo are registered service marks of Snopes.com. Gates appears to be pro-chicken farming. In 2020, there were 166 such funds globally, nearly a 9x increase from only 19 in 2005. Momentum accelerated during the 2008-2009 Great Financial Crisis, when investors grew desperate for alternatives to traditional safe haven investments like bonds and gold. Bill is now the biggest owner of farmland in 2022 a great hedge asset against rising inflation. Water bills are soaring in some areas as infrastructure deteriorates, a recent University of Michigan study found. The Land Report found in 2021 that the Gateses had 242,000 acres of farmland, 1,234 acres of recreational land, and 25,750 acres of land in transition from farmland to residential and commercial use (think suburban development). 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. He had accumulated more than 269,000 acres of farmland across 18 states in less than a decade. 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. 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. Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years. Why doesnt everyone just invest in farmland then? While Microsoft took a major hit in the tech crash of 2000, Bill Gates portfolio with Cascade would gain around 40% return in that same year. AcreTrader is one of the most well-established farmland crowdfunding platforms out there. North Dakota Agriculture Commissioner Doug Goehring spoke with KFYR, stating that the public reaction to the purchase has been negative. In fact, Gates is the owner of over. While viral conspiracy theories baselessly conjecture that Gates is buying up farmland in order to starve Americans for some unknown reason, there's likely a simpler explanation: Gates makes money off this land. Heres why. Tue, Feb 28, 2023 LOGIN . (AP). One of the most prevalent claims related to Gates and the potential for food shortages is that the billionaire owns a suspicious amount of farmland in the United States. The figure cited by The Land Report was subsequently reported by major news outlets including Business Insider and Forbes (here), (here). I have invested in these farms to make them more productive and create more jobs. Thus, before we answer these questions, we are going to provide a brief summary of his financial history. 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. Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. 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. Who knows. The Agriculture Department has said the avian flu outbreak in the U.S. is the main contributor to low inventory and high prices. Pregnancy tests include a hidden Plan B pill. 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. According to the Harvard Joint Center for Housing Studies (JCHS) (here), using data of the Rental Housing Finance Survey, between 2001 and 2018 the proportion of rental properties owned by non-individual investors, which include partnerships, trustees for estate, real estate corporations, real estate investment trusts, and other entities, increased from 18% to 26%. His . Satellites are on balloons and not in space.. In 2018, Michigan produced 297 million bushels of corn grain, worth $1 billion. This article will go into detail about how much land Bill Gates owns and why he owns so much. Where Does Bill Gates Own Farmland in the US. By Dec. 31, 2022, the Agriculture Department reported 43 million egg-laying hens had died because of the disease or depopulation. 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.. What Land Does Bill Gates Own In Michigan? The total portfolio of farmland is worth well over $700 million. 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. According to Redfin, single-family housing represented over 70% of the properties purchased by investors in the third quarter of 2021 (here). According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. 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 said during a Reddit AMA: My investment group chose to do this. How can this inform our personal investment decisions? 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. The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Our only agenda is to publish the truth so you can be an informed participant in democracy. AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. 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 . All quotes delayed a minimum of 15 minutes. Land Values: Here's a look at the top 10 absentee landowners in central Illinois, and where they own farmland. St. Petersburg, FL Perhaps history is repeating itself? About 350,000 acres of the U.S. government land in Hawaii were kept for military installations and national parks. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.". 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 Our state produces about 75 percent of the nations tart cherry crop. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Suggests virologists death is linked to COVID-19 vaccines. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Eggs have become expensive and scarce in some parts of the country.

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