where is bill gates' farmland in michigan

For now, Gatess ever-expanding farmland ownership is really just rich guy doing rich guy things, and while concerning in a late-stage capitalism sort of way, it isnt as cartoonishly nefarious as some conspiratorial corners of the internet want to believe. Which Billionaire Owns The Most Land In The U.S.? With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Today, Bill Gates owns 242,000 acres of farmland in 19 states. The 2,100 acre potato farm adds to his massive portfolio of farm investments. Bill Gates-Linked Trust Probed For Buying Up Farmland In North Dakota Gates farmland now totals 242,000 acres. Why Bill Gates Is Investing Big Time In Farmland Across Washington And Bill Gates just bought 2,100 acres of farmland in North Dakota, adding to the 270,000 acres he inexplicably owns throughout the US China also just bought 300 acres there, adding to the 192,000 . Agfundernews.com, a website about agricultural investments, reported in 2021 that Gates' investments were part of a broader trend that started after the financial crisis of 2008, as investors looked for reliable returns. It reported that as of 2022, Gates owned about 248,000 acres of farmland. All quotes delayed a minimum of 15 minutes. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. They ripen in late July and early. By clicking Sign up, you agree to receive marketing emails from Insider 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. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and . AcreTrader is one of the most well-established farmland crowdfunding platforms out there. 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. 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. In 1994, Bill Gates opened up his family office, Cascade Investment LLC, with trusted wealth manager Michael Larson. 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. Supreme Court just voted to ban condoms., Says Ukrainian President Volodymyr Zelenskyy said he wants Americas sons and daughters to go die in Ukraine., In Ohio, there are 75,000 acres of farmland, fertile farmland, that are all now being poured down with acid rain., Muslims by the millions are converting to Christianity.. Featured in the agricultural side of their plan is a strategy for subsistence farmers and other small-acre farms in Africa and the developing world education, resources, and layaway payment plans which can be used through smartphones. 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 Where did Gates buy farmland? | Dependable While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. February 27, 2023, 11:49 AM. 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. Gates owns less than 1% of the nations farmland. What Part Of Michigan Is Considered The Upper Peninsula? And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. North Dakota Investigates Farmland Purchases by Trust Linked to Bill Gates In 2020, there were 166 such funds globally, nearly a 9x increase from only 19 in 2005. Farm Gates - Ohio Ag Net | Ohio's Country Journal He responded that it was a decision his investment group made. Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions, such as the business purpose exception, so that we may close this case and file it in our inactive files, the letter added. How Much Land Does Bill Gates Own? | askBAMLand Michigan. Michigan - 2,167 acres; Mississippi - 16,963 acres; Nebraska - 20,588 acres; New Mexico - 1 acre; North Carolina - 874 . China has steadily accumulated U.S. Treasury securities over the last few decades. 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. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. 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). How can this inform our personal investment decisions? In the wake of this uncertainty, unfounded rumors began to spread that attempted to lay the blame for any coming food shortages on nefarious forces. 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. The buyer, Red River Trust, is tied to Bill Gates, the largest farmland owner in the US. AcreTrader has carved out a niche for themselves that has led to rapid market dominance. "Those people are upset, but there are others that are just livid about this.". 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. Amazing, if truebut its extremely not. stated on February 13, 2023 in a Facebook post, Gates investments in plant-based meat and farmland. All rights reserved. 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. The cost of chicken has also gone up, although not as drastically. Representatives for Gates did not immediately respond to messages from Insider requesting comment. How Old Do I Have To Be To Go To A Strip Club In Michigan? Bill Gates: Der grte Eigentmer von Farmland in den USA These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. 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. Similar to private equity firms destabilizing the housing market, millionaires and billionaires investing in farmland are also creating their own set of issues, as they are now pricing out young farmers looking to buy land. Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . Why? The Guardian, 5 Apr. This article was produced by the Reuters Fact Check team. Roman Catholic Church: 70 million hectares The largest landowner in the world is not a major oil magnate or a real estate investor. St. Petersburg, FL 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. Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. 33701 Bill Gates' North Dakota Land Purchase Sparks Questions Online - Newsweek Costs are expected to fall in the coming weeks as egg-laying flocks are restored. What Asset Class Is Farmland Considered To Be? It's hard to visualize just how much land 242,000 acres amounts to unless . Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. Other examples can be seen (here), (here). How Much U.S. Farmland Does China Really Own? More Than Bill GatesAnd What is the most profitable crop in Michigan? We need your help. 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. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. 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. Bill Gates' North Dakota Farmland Purchase Approved by the - AgWeb 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). (Read more about our partnership with Meta, which owns Facebook and Instagram.). In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? During the COVID-19 pandemic, vaccine-hesitant Americans were inundated with false rumors claiming that Gates was putting microchips into vaccines, that he was working on a mind-altering vaccine, that Gates had input tracking devices into vaccines, and that he once called for vaccinations as a way to depopulate the planet. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. This isn't the first time Gates has called for higher taxes on the wealthy. Bill Gates was right when he sold his own Microsoft stock to diversify through Cascade in 1994. It was a cold January day in 2021 when Eric O'Keefe, editor and founder of The Land Report, walked up to the podium at the Land Expo in Iowa and announced Bill Gates as America's largest individual farmland owner.He learned this after investigating Gates' purchase of the 100 . Read more about our work to fact-check social media posts here . Think about how much Bill Gates would have lost if he hadn't diversified in 1999. Suggests virologists death is linked to COVID-19 vaccines. 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 . The Agriculture Department has said the avian flu outbreak in the U.S. is the main contributor to low inventory and high prices. Many people wonder why Bill Gates would make these moves with his investment portfolio. 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 "I've gotten a big earful on this from clear across the state, it's not even from that neighborhood," Doug Goehring, the state's agricultural commissioner, told a local NBC affiliate this week. (here). The North Dakota purchase would put those total holdings at more than 270,000 acres, though it's not clear how the property is being divided following Gates and French Gates' divorce last year. We invest in the farms to raise productivity. Gates is just using farmland to make Agri-Tech and financial investments.

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