(AP). There are 94.6 million single-family houses in the United States, according to the latest data available from the U.S. Census Bureau American Housing Survey (2019) (bit.ly/3seI7kV). Social media post scrambles the facts on high egg prices, Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage, Bill Gates is About to Change the Way America Farms, What the plow and lab-grown meat tell us about innovation, Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022, 2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks, Bill Gates owns a lot of American farmland, but not the majority, The controversy over Bill Gates becoming the largest private farmland owner in the US, McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland, Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses, Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future, Bill Gates bets on growing demand for sustainable foods, Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. Who owns the most farmland in the world? In 2020, there were 166 such funds globally, nearly a 9x increase from only 19 in 2005. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn . 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. Other noteworthy farmland investors include Ted Turner and Thomas Peterffy. Gates owns almost 9,000 acres in Ohio, just over 9,000 acres in Indiana, nearly 18,000 in Illinois, but only 552 acres in Iowa. 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 . The U.S. Federal Government. Billionaire Bill Gates explains why he buys a lot agricultural land - Photo: BENZINGA. Billionaire philanthropist and Microsoft Corp. co-founder Bill Gates has found himself at the center of yet another online conspiracy theory. Partnering with Monsanto to create these super seeds is also part of the plan. Water bills are soaring in some areas as infrastructure deteriorates, a recent University of Michigan study found. Gates does own a lot of farmland. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Bill Gates (AP Images) Bill Gates is buying up America's farmland. Conspiracy Theorists claimed last year that the Microsoft founder was buying up farmland in the U.S. to starve Americans for some unknown reason, Snopes said, after researchers said in April that the world was facing a potential food shortage due to Russias invasion of Ukraine. The agriculture sector is important. 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. Does Michigan Allow Personal Tax Exemptions? It isless than .1% of all US farmland because the ownership is so diverse. Why Is Bill Gates Buying So Much Farmland? Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. Why doesnt everyone just invest in farmland then? 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. Sign up for notifications from Insider! These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. With all of this recent farmland accumulation, one might think Gates is using this land to research these gene edited super seeds. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. How many farms Does Bill Gates Own? In fact, he reportedly owns more farmland than any other individual in America. The Bill & Melinda Gates Foundation is focused partly on agricultural development to support farmers in sub-Saharan Africa and South Asia. In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. However, the Gates Foundation has been largely transparent at every level of their operations from their objectives, means, successes, and failures. Why am I just learning about this NOW?. .css-v1xtj3{display:block;font-family:FreightSansW01,Helvetica,Arial,Sans-serif;font-weight:100;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-v1xtj3:hover{color:link-hover;}}@media(max-width: 48rem){.css-v1xtj3{font-size:1.1387rem;line-height:1.2;margin-bottom:1rem;margin-top:0.625rem;}}@media(min-width: 40.625rem){.css-v1xtj3{line-height:1.2;}}@media(min-width: 48rem){.css-v1xtj3{font-size:1.18581rem;line-height:1.2;margin-bottom:0.5rem;margin-top:0rem;}}@media(min-width: 64rem){.css-v1xtj3{font-size:1.23488rem;line-height:1.2;margin-top:0.9375rem;}}60 Scientists Are Trying to Block the Sun, Particle Accelerator Reveals Beginning of Time, Earth's Inner Core Has Another Inner Core, 8 Questions About Turkey With an Earthquake Expert, Conspiracy: Blaming Weather Weapons for Earthquake, Scientists Just Discovered a Literal Hell, How the NFL Grew the Field for Super Bowl LVII, The Doomsday Clock Is at 90 Seconds to Midnight, Uh, Earth's Inner Core Just Stopped Spinning, Supercomputer: 27% of Earth's Life Dead by 2100, 20 Weird Facts About Our Lovable Planet Earth. Should we be worried about a tech giant like Bill Gates amassing this wild amount of land? The Guardian, https://www.theguardian.com/commentisfree/2021/apr/05/bill-gates-climate-crisis-farmland. Nancy Pelosi (purchased) 10,000 shares of Amgen, manufacturer of Nplate, a drug used to treat radiation sickness.. Check out current deals on AcreTrader now! 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). As reported by Bloomberg . Some of the links on this site are affiliate links. Thus, in Gates mind, its extremely important to help empower these developing peoples before that year comes to fruition. 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. Why Bill Gates Keeps Buying Up So Much Farmland, 60 Scientists Are Trying to Block the Sun, Your Privacy Choices: Opt Out of Sale/Targeted Ads. 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. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. Stay up to date with what you want to know. 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. An archived version of the tweet can be found (archive.ph/8Tq36). The counties with the most total acres of foreign-owned ag land are Keweenaw, Baraga and Alger. There were 895.3. Why? The Guardian, 5 Apr. Satellites are on balloons and not in space.. What special interest does Bill Gates have in farmland? Top editors give you the stories you want delivered right to your inbox each weekday. I had heard this in the past, but didn't give it much thought. Either that or I had a screw loose. Over time, Gates sold personal stock in Microsoft and. On social media, we found people claiming, for example, that Gates owns the "majority" of U.S. farmland -- 80%, they claimed -- and that Gates is trying to buy up "all" of the farmland. Purchasing your own farm outright means that you are not diversified across many farms; just 1. 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. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. 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. 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). St. Petersburg, FL The other major crops oats and forages are mostly fed to livestock on farms in the area. The 2,100 acre potato farm adds to his massive portfolio of farm investments. It's hard to visualize just how much land 242,000 acres amounts to unless . Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. He has also written on his personal blog about the future of food, the increasing demand for meat as the global population rises and the environmental effects of livestock farming. Bill Gates speaks during the Global Fund's Seventh Replenishment Conference, Wednesday, Sept. 21, 2022, in New York. How Old Do I Have To Be To Go To A Strip Club In Michigan? Age Requirements Most ordinances require, Huckleberries are small bright blue, or dark blue, or black berries which grow wild near marshes in Michigan. Data gathered by The Land Report and NBC News show that their land holdings range from 70,000 acres in north Louisiana, where their farmland grows soybeans, corn, cotton and rice, to 20,000 acres . His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. 22. 2021. Gates' interest in farmland is still strong. 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. Bill Gates Is the Biggest Private Owner of Farmland in the United States. The publication named Gates the countrys largest private farmland owner in 2020, 2021 and 2022. Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years. What they are doing locking up land, not just private land, but in Wilderness Areas, National anything to do with land, Conservation programs that literally pay farmers, dairymen, etc. Lower-than-usual egg inventories near the end of the year, when demand is up from holiday baking, resulted in several successive weeks of record-high egg prices, the department said. These allow investors to get stared with as little as $10,000. He owns 242,000 acres, which is equivalent to the area of Fannin County GA. 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). About 350,000 acres of the U.S. government land in Hawaii were kept for military installations and national parks. That purchase of Plum Creek makes Weyerhaeuser the largest private landowner in Michigan, as of now. In their Big Bet, they recognize that the impoverished people stand to be impacted the most by these changes. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. Any why now after years of massive success? In the past, Gates has invested in companies developing artificial or plant-based alternatives to meat, and he is currently the countrys largest private farmland owner, according to The Land Report, a magazine that surveys the countrys largest landowners annually. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.". Bill Gates reportedly owns more farmland than anyone else in the United States. False. The explanation offered by conspiracy theorists for this untrue claim was that these fires were being intentionally set in order to create a food crisis. It's not part of his plans to save the planet. 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. #1. Bill Gates Uses Farmland as Investment Vehicle, Owning 269,000 Acres of Land. NBC News, https://www.nbcnews.com/now/video/bill-gates-is-nation-s-largest-farmland-owner-114566213692. 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. As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. 2,167 acres. Hint, It's Not Bill Gates, Bezos-Backed Startup Lets You Become A Landlord With $100, Try the tool that will help you invest smarter, faster, and better, Bill Gates Finally Explains Why He's Buying So Much U.S. By Rebecca . A spokesperson for Gates also told Reuters the claim that Gates owns the majority of U.S. farmland was false, pointing to the USDA figures. The figure cited by The Land Report was subsequently reported by major news outlets including Business Insider and Forbes (here), (here). What is the most profitable crop in Michigan? He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. 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. In fact, Gates is the owner of over. Farmland in am. You can find his previous stuff at Gizmodo and Paste if you look hard enough. . The. However, there are also countless farmland investing platforms gaining traction now too. 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. Talk about big bets. He has also been aproponent of chicken farming. 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. 28. BlackRock is a shareholder in both companies (here) (here). The transitional land he owns in Arizona is reportedly being built into a suburb .. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. Why Bill Gates Is Investing Big Time In Farmland Across Washington And The Country - Northwest Public Broadcasting About Contact Us Coverage Area Our Staff Work With Us Report an Outage Station News Latest Station News Connect Archives Our Stories Download NWPB App TV Schedules Channel Guide Online Schedules Download Schedules Local Programs Infected flocks are culled to prevent the flu from spreading. Former Microsoft CEO Bill Gates owns a majority of America's farmland. While private companies and corporations are increasing their ownership of U.S. homes, BlackRock, through its investments, does not own a majority of single-family homes. February 27, 2023, 11:49 AM. Breitbart News previously reported that Gates is Americas largest private owner of farmland. Digital IDs were given to residents in East Palestine, Ohio, to track long term health problems like difficulty breathing before the Feb. 3 train derailment. Many people wonder why Bill Gates would make these moves with his investment portfolio. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. They ripen in late July and early. (here). A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley. One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. This article Bill Gates Finally Explains Why He's Buying So Much U.S. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.".