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One main benefit to alt assets especially for those whore heavily invested in the stock market is, another scenario where more traditional assets like stocks and, Also, because youre investing in the land itself, your investment not only is quite resistant to depreciation, but also provides some, Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that, American farmland produces a lot of exports, exposing you to political risks, Its a little harder to break into farmland than other assets, though this is changing, In the same way you can invest into ETFs (Exchange Traded Funds) in the stock market, there exist similar products for farmland called, Bill and Melinda released their latest initiative, , While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. 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.. American Homes 4 Rent holds around 57,024 single-family properties (here). FPI is internally managed and the company owns farms in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi,. It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks. Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. 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. For context, Invitation Homes and American Homes 4 Rents combined homes would be less than 1% of the 17.16 million homes, if total housing numbers stayed the same in the last three years. The figure is far below the total area of U.S. farmland. Climate Connection. #1. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. Farmland as an investment offers low volatility. How can this inform our personal investment decisions? 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. Stay up to date with what you want to know. How Old Do I Have To Be To Go To A Strip Club In Michigan? Gear-obsessed editors choose every product we review. Chicken nuggets and cream cheese grow in trays in a South Side lab. It is not connected to climate. Our Standards: The Thomson Reuters Trust Principles. 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. Former Microsoft CEO Bill Gates owns a majority of America's farmland. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. Bill Gates investments in farmland can be seen as part of this trend. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. Bill Gates Is America's Largest Private Owner of Farmland - Breitbart Is Farmland Partners (FPI) A Good Investment? Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. Oftentimes, those fingers get pointed at Gates. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. Hint, It's Not Bill Gates. Why? The Guardian, 5 Apr. Bill Gates Asked Why He's Buying So Much US Farmland: Here's His - MSN The other major crops oats and forages are mostly fed to livestock on farms in the area. Gates-affiliated ownership covers vast swaths of farm and timberland, estimated to be 69,071 acres in all by niche land ownership publication The Land Report. Why Farmers Are Worried About Bill Gates (And Other Non-Farming Land 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. Bill Gates Doesn't Own That Much Farmland | Aaron Smith Neither of these are a perfect option. 420,000 acresBill and Melinda Gates prior to their divorce accumulated roughly 270,000 acres of farmland in less than a decade. His . North Dakotans are outraged as Bill Gates, the largest private farmland owner in the US, apparently buys a $13.5 million potato farm Dominick Reuter Jun 24, 2022, 8:13 AM Leon Neal/Getty. Thetech billionaire owns69,071 acres inLouisiana,47,927 acres inArkansas, and 20,588 acres inNebraska. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? In the past 20 years, the foundation has grown to hold over $48 billion. 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. 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. The No. What does Weyerhaeuser have to do with Michigan? However, the Gates Foundation has been largely transparent at every level of their operations from their objectives, means, successes, and failures. As of October 2021, the Asian nation owns $1.065 trillion, or about 3.68%, of the $28.9 trillion U.S. national debt, which is more than any other foreign country except Japan. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and vaccination enthusiast "has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18 states.". LIVE OAK, Fla. -- The investment company that manages the wealth of the world's richest man, Bill Gates, has been acquiring gobs of farmland in north Florida the past two years . Bill and Melinda Gates also cracked the Land Report's Top 100 Landowners for the first time coming in at number 49. Costs are expected to fall in the coming weeks as egg-laying flocks are restored. Should we be worried about a tech giant like Bill Gates amassing this wild amount of land? It has been very fulfilling for me and is my full time job," Gates continued. Bill Gates gobbling up Florida farmland | News | sharonherald.com While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. How Many Hours Is It From Detroit To Michigan? 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.. The controversy over Bill Gates becoming the largest private farmland owner in the US People are drawing connections between Gates's vast farmlands and climate change advocacy. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn . This article Bill Gates Finally Explains Why He's Buying So Much U.S. How Much Land Does Bill Gates Own? | askBAMLand 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. 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. Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . How Much U.S. Farmland Does China Really Own? More Than Bill GatesAnd 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. In January 2021, Bill Gates became the largest owner of farmland in the United States. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. Gates also owns land in Arizona (25,750 acres), Illinois (17,940),Mississippi (16,963),Washington (16,097), Florida (14,828), Idaho (9,233), Indiana (9,136), Ohio (8,915), California (4,509), Colorado (2,270), Michigan (2,167), Wisconsin (1,188), Wyoming (975), North Carolina (874), Iowa (552), and New Mexico (1). According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. False. Age Requirements Most ordinances require, Huckleberries are small bright blue, or dark blue, or black berries which grow wild near marshes in Michigan. In fact, Gates is the owner of over 270,000 acres of farmland, which is worth over $700 million! Bill Gates Becomes the Largest Farmland Owner in the United - Yahoo! He said he did so to make the farms "more productive" and "create more jobs," adding that it was his investment team that made the decision. Bill Gates (AP Images) Bill Gates is buying up America's farmland. While BlackRock does not directly own single-family houses, as the worlds largest asset manager (here), it owns stock in companies that do. North Dakota Agriculture Commissioner Doug Goehring spoke with KFYR, stating that the public reaction to the purchase has been negative. 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. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. Oct 22, 2014. Since his divorce, it is unclear how the assets were split up between the couple. 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. 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. The U.S. Federal Government. The. Farmland in am. Bill Gates is America's biggest farmer with 269000 acres farmland which The Bill & Melinda Gates Foundation is focused partly on agricultural development to support farmers in sub-Saharan Africa and South Asia. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and . Microsoft founder Bill Gates and his wife Melinda have amassed the largest portfolio of private farmland in the US, according to The Land Report. More than 58 million birds in hundreds of commercial and backyard flocks have been affected since the bird flu outbreak began in February 2022, the Agriculture Department estimated. Michigan - 2,167 acres; Mississippi - 16,963 acres; Nebraska - 20,588 acres; New Mexico - 1 acre; North Carolina - 874 . 33701 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. (here). In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? Other factors are pandemic-related supply chain issues andholiday demand. Infected flocks are culled to prevent the flu from spreading. The publication named Gates the countrys largest private farmland owner in 2020, 2021 and 2022. 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. Bill Gates owns massive parcels of farmland. It's not part of his plans So while Dan Gilbert owns the most property downtown, his 30-odd buildings seem small compared to what Kelly, Tatarian, Moroun, and others own. Table of Contents show 2022. We may earn commission if you buy from a link. Why Bill Gates is the largest private farmland owner in the United The main factor driving the nationwide price hikes and supply shortages, according to the U.S. Department of Agriculture, is a U.S. avian influenza, or bird flu, outbreak. 41 on The Land Report's 2022 list of Americans who own the most land. Some are near cities and might end up having other uses.". Click here to view current offerings on AcreTrader! 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. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres.