Gates farmland now totals 242,000 acres. Louisiana is the top state. The U.S. Federal Government. The Gates Foundation isnt the entity utilizing the land, but rather just Bills family office. Gates does not own anywhere close to the majority of America's farmland. North Dakota Agriculture Commissioner Doug Goehring spoke with KFYR, stating that the public reaction to the purchase has been negative. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. 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. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. It's not part of his plans to save the planet. According to 2021 article from the Land Report, a magazine about land. 1800 I Street NW 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 his 11th appearance in an Ask Me Anything (AMA) session on Reddit. Think about how much Bill Gates would have lost if he hadn't diversified in 1999. 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 . In January 2021, Bill Gates became the largest owner of farmland in the United States. In a world of wild talk and fake news, help us stand up for the facts. Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. Infected flocks are culled to prevent the flu from spreading. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Bill Gates Top Farmland Owner in US | Newsmax.com The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. The mainland Chinese company Sino-Michigan Properties LLC has paid $1.9 million for 200 acres of undeveloped land in Milan, Michigan. As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. Stay up to date with what you want to know. Mr. Gates owns about 97,934 hectares, accounting for about 0.03% of . Pates wrote that while "nobody involved in the deal seems eager to talk about it," public records connected Gates and the buyer, Red River Trust. The Future of Farming According to Bill Gates - NutriTruth In fact, Gates is the owner of over 270,000 acres of farmland, which is worth over $700 million! While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. Bill Gates Is Buying Up American Farmland. But Why? Try the tool that will help you invest smarter, faster, and better. 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.. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. 801 3rd St. S 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). Recently, Bill Gates has purchased 300,000 acres of farmland, you would think that buying all of the farmland would be bigger news than Elon Musk buying all of Twitter (here). Where did Gates buy farmland? | Dependable 727-821-9494. stated on January 22, 2023 in an Instagram post: The U.S. chicken and egg shortage is linked to Bill Gates. Why doesnt everyone just invest in farmland then? Bill Gates is about to change the way America farms He responded that it was a decision his investment group made. Another meme circulating online reads: Bill Gates is buying all the farmland. Bill Gates's Plan to Destroy Animal Agriculture | National Review (Read more about our partnership with Meta, which owns Facebook and Instagram.). A $13.5 million purchase of a North Dakota potato farm is drawing outrage and legal scrutiny. 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. Costs are expected to fall in the coming weeks as egg-laying flocks are restored. 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. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. How Many Hours Is It From Detroit To Michigan? Bill Gates Farmland: Why Is the Billionaire Buying So Much? 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. Benzinga does not provide investment advice. Bill Gates does not own the majority of U.S. farmland. 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. Social media post scrambles the facts on high egg prices," Jan. 13, 2023, Various searches on Google and Nexis, accessed Jan. 24, 2023, The Land Report, "Farmer Bill," Jan. 11, 2021, The Land Report, "Bill Gates is About to Change the Way America Farms," Winter 2020 magazine issue, The Land Report 100, Winter 2021 magazine issue, The Land Report 100, Winter 2022 magazine issue, Email exchange, Eric OKeefe, editor, The Land Report, Jan. 23, 2023, Email exchange, Gates Ventures, Jan. 24, 2023, GatesNotes, "Future of food," March 18, 2013, GatesNotes, "What the plow and lab-grown meat tell us about innovation," Feb. 27, 2019, GatesNotes, "Is there enough meat for everyone?," April 21, 2015, GatesNotes, "Why I would raise chickens," June 7, 2016, U.S. Bureau of Labor Statistics, "Consumer Price Index," Jan. 12, 2023, U.S. Department of Agriculture, "Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022," Jan. 11, 2023, U.S. Department of Agriculture, "2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks," Jan. 18, 2023, U.S. Department of Agriculture, "Avian Influenza," Jan. 18, 2023, U.S. Department of Agriculture, "Farms and Land in Farms, 2021 Summary," February 2022, Reddit, Bill Gates Ask Me Anything, March 19, 2021, Bill & Melinda Gates Foundation, "Agricultural Development," accessed Jan. 24, 2023, Associated Press, "Bill Gates owns a lot of American farmland, but not the majority," May 2, 2022, Vox, "The controversy over Bill Gates becoming the largest private farmland owner in the US," June 11, 2021, NBC News, "McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland," June 8, 2021, Reuters, "Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses," May 5, 2022, CNBC, "Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future," March 23, 2018, CNBC, "Bill Gates bets on growing demand for sustainable foods," May 14, 2015, Bloomberg News, "Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. 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. Partnering with Monsanto to create these super seeds is also part of the plan. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. Gates does own a lot of farmland. a Reddit user asked. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states. The REAL reason Bill Gates is buying US land. All quotes delayed a minimum of 15 minutes. What special interest does Bill Gates have in farmland? 3. Weyerhaeuser purchase Plum Creek in 2015 for over $8 Billion! The land was purchased from the owners of Campbell Farms, a potato farming group headquartered in Grafton, North Dakota, approximately 50 miles from the Canadian border. Bill Gates owns a lot of American farmland, but not the majority There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. 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. Interestingly enough, though the Bill and Melinda Gates Foundation is working on this agriculture initiative. According to O'Keefe, Gates isn't the only one making moves on the farmland market, especially as farm real estate value s nationwide increased 7% from 2020 to $3,390 per acre. where is bill gates' farmland in michigan - ccecortland.org The figure is far below the total area of U.S. farmland.