how much land does bill gates own in africa

The Gates Foundation's trust invests in the same companies it serves through its development programs, including Monsanto, BASF, Coca Cola, PepsiCo, Unilever, and many others. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Corporate Agriculture Against Global Hunger. That can mean better yields with decreased use of fertilizers and pesticides. Of those rentals, less than a third are owned by non-individual investors, according to a 2022 report by Harvard Universitys Joint Center for Housing Studies. Posted by Triple Net Matt July 4, 2022 Posted in commercial real estate Tags: bill gates, commercial broker, commercial real estate, net lease, nnn, STNL. His portfolio is diversified, in other words. People want to know, Why does Bill Gates want all this land?. In a new report, GRAIN analyses all the food and agriculture grants the foundation has made up until 2020, and reveals that while the Foundation allegedly prioritises African farmers, the vast majority of its funding actually goes to groups in North America and Europe. As Slate financial writer Henry Grabar concluded, the proposed town of Belmont is not a city, nor is it smart, nor does the Microsoft founder appear to be involved in any meaningful way.. Gates, the billionaire tech mogul and philanthropist whose net worth was pegged by Bloomberg at $113 billion, has quietly amassed nearly 270,000 acres of farmland across the country, according to the Associated Press. There will be incentives for things like using less water, fewer chemicals, and storing more carbon. A more in-depth look at the facts makes a compelling case against the billionaire. . Reed family: Land area: 1.7 million acres. His magazine, The Land Report, tracks major land transactions and produces an annual list of the 100 biggest US landowners. Gates has been buying land like it's going out of style. "Bill Gates, co-founder of . The 65-year-old responded by declaring his . Gates and his wife own 269,000 acres of farmland. The massive land grab by Gates last year gave the tech magnate his first appearance on The Land Report, a magazine that "provides news, information, and . The first necessity is fertiliser. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? Today, the Belmont tract remains mostly empty desert. Making farming a business is the way to push African agriculture, says Robert Guei of the FAO in Rome, Italy. Were connecting [smallholders] to the entire business chain, says Jama. Bill Gates is one of the richest men in the world, but his wealth pales in comparison to that of other billionaires. (According to The Land Report, Gates owns about 27,000 acres of non-agricultural land, in addition to his farm holdings.). In his new book, How to Avoid a Climate Disaster, Gates explains why raising beef cattle causes more harmful emissions than other forms of agriculture. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. Its soil health programme has set up 9000 dealers within 5 kilometres of farmers to sell them the supplies they need. Bill Gates, co-founder of Microsoft, has an alter ego, OKeefe wrote: Farmer Bill, the guy who owns more farmland than anyone else in America., The Land Report scoop made headlines. The agriculture sector is important. Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. Impossible Foods makes plant-based protein that can be fashioned into burgers. Another is the possibility of cost competitive biofuels. Instead, the LDS will add another 12,000 acres to its already massive land holdings, which include over 600,000 acres in Florida alone2 percent of that state's total land mass. But some of the software pioneers investments do reveal his grander goals. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Purchased fromMadeleine Pickens, the former wife of Texas billionaire T. Boone Pickens, the property deal is one of the largest ever recorded in the area,The Wall Street Journalreported. According to the Winter 2020 issue of The Land Report, a quarterly magazine that tracks U.S. land sales, Bill and Melinda Gates now own 242,000 acres of farmland worth "more than $690 million . Less rain will be a major factor . Gates and his wife paid almost $171 million for 14,500 acres of farmland in the Horse Heaven Hills of Benton County, Wash., according to The Land Report. With proper techniques, the carbon from decaying plant matter can be kept safely in the soil, rather than entering the atmosphere in the form of carbon dioxide. To effectively address climate change, we need to develop an energy infrastructure that doesnt emit greenhouse gas and is cost competitive. The outlet reported this week that Gates, 65, owns 268,984 acres of land . As of 2019, around 40 percent of American farmland is rented to tenants, who then operate on it. U.S. Census Bureau data shows fewer than 20% of such properties are rentals, and the vast majority of those are owned by individual investors, not institutional investors like BlackRock. By the end of this century there will be 4 billion more people on Earth - and 3 billion of these extra souls . What is the Venus-Jupiter conjunction and how can you view it? This was also invaluable. Some are near cities and might end up having other uses.". If the nations largest farmland owner can show that farming can be both sustainable and profitable, that will make a big difference. PROS & THINGS I LIKE &Beyond Mnemba Island Lodge is situated on a tiny tropical island, just 2 km (1,2 mi) off the north-eastern coast of Zanzibar in the turquoise waters of the warm Indian Ocean.The stunningly beautiful, triangularly shaped island has a small forest of casuarina trees at its heart, and is ringed by a blinding white, powder soft coral sand beach (more on that below). Real estate mogul and owner of the Los Angeles Rams, Stan Kroenke, owns 1.4 million acres of land in the United States, including a 124,000 acre ranch in Montana and additional land in Wyoming. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". The 65-year-old's holdings include 16,097 acres in Washington, 20,588 in Nebraska, 25,750 in Arizona . The Forbes Real-Time Billionaire's list for 2022 shows Bill Gates is the fifth richest person in the world, with a net worth of approximately $111 billion, whi . bill gates, BioFuel, biofuels, carbon dioxide, carbon emissions, clean technologies, climate change, Coronavirus pandemic, crops, decarbonized power transmission, desalinate, Energy Storage, environ, farmland, fossil fuels, genetic lunacy, GMOs, greenhouse gas emissions, harvest, plant-based protein, solar energy, synthetic meat, zero-carbon cement. We invest in the farms to raise productivity. THE FACTS: As Elon Musks bid to purchase Twitter has grabbed headlines in recent days, some prominent voices have taken to social media to claim that some other significant acquisitions by deep-pocketed individuals and corporations have largely flown under the radar. That means Bill Gates owns 378 square miles of the United States. The Microsoft cofounder and philanthropist Bill Gates owns 242,000 acres of farmland in the US, making him the largest private-farmland owner, an analysis by The Land Report found in January. How fitting! The 2,100 acre potato farm adds to his massive portfolio of farm investments. Why does Bill Gates now own more than 240,000 acres across the country? However, the land held only amasses 1 percent of the total acres of farmland in the United States. It was the highest priced land sale in the US that year. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. The trustee of Red River Trust is Peter Headley, who identifies himself on his LinkedIn page as head of agriculture investment management at Investment Management Co. A 2020 article by NFU Mutual Charitable Trust claimed that Headley once headed an entity called Cottonwood, which was described as an ag-investment platform for Bill and Melinda Gates. That makes January 13, 2000, a key date in "Bill Gates history," because it's the day he stepped down as CEO of Microsoft and began to devote himself to becoming one of the world's most-celebrated . On average their farms yields have doubled (see chart below). This high-tech metropolis could be both a breeding and testing ground for futuristic technologies.. 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 says. Gear-obsessed editors choose every product we review. The 65-year-old's largest holdings include 69,071 acres in Louisiana, 47,927 acres in Arkansas,25,750 acres in Arizona, 20,588 acres in Nebraska and16,097 in Washington state. He warned us about a pandemic, he dedicates . Gates and his wife Melinda own 242,000 acres of farmland in the U.S. The group is called Leading Harvest, and the Gates-linked Cottonwood Ag is one of its founding members. African smallholders are often isolated, unable to get credit or find buyers for their produce. Bill and Melinda Gates, pictured at The Elysee Palace in 2017 where they received the award of Commander of the Legion of Honor, are now the biggest owners of farmland in the US, a new report revealed, The tech billionaire has quietly bought up 242,000 acres of farmland in 18 states - and 268,984 of multi-use land in 19 states in total, making him the biggest agricultural landowner in the US, though far short of the biggest overall landowner in the country, In 2018, a 'Louisiana investor', later revealed to be Gates, paid $171 million for a large swath of farmland in the Horse Heaven Hill, making it one of the largest real estate transactions in recent memory, In 2014, Gates reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. In 2008, The Bill & Melinda Gates Foundation announced $306 million in grants designed to boost the yields and incomes of millions of small farmers in Africa as well as "other parts of the . In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm primarily invests in retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. While that is . Bill Gates and conspiracy theories go together like peanut butter and jelly. Bill Gates is now the largest private farmland owner in the United States, according to a new report. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. Theres also a proposal to build a new interstate linking Phoenix to Las Vegas. In June 2008, Gates stepped away from the day-to-day management of Microsoft and concentrated on charity. Farmland has had a remarkably consistent ability to hedge against inflation, Sherrick says. This process is made more efficient by inoculating the seeds with the bacteria. Their largest holdings are 69,071 acres in Louisiana, 47,927 acres in . The title for largest landholdings overall goes to US businessman John Malone, chairman of Liberty Media, who owns 2.2million acres. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. In the words of Bill Gates, 3 billion people need to die. Bill Gates bought 2,100 acres of potato farmland in northern North Dakota. In total, Mr Gates and his wife Melinda own 269,000 acres of land across 19 states, including 69,071 acres in Louisiana and 47,927 acres in Arkansas. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". Berkshire Hathaway is one of the largest companies in the S&P 500, with a market value of $522.43 billion. Gates responded: "I own less than 1/4000 of the farmland in the US. The dealers also supply the seeds for legumes like soybeans and pigeon peas, which make their own fertiliser from nitrogen in the air, via bacteria in their root nodules. The program could be an economic boon for farmers. How much land does he own? Gates owns a 4.5 acre ranch in Wellington, Florida. Cascade employees almost never speak to the press. The Foundation has nearly 40 million shares of Berkshire Hathaway which has a market value of over $7 billion. The land, most of which is non-irrigated, was transferred to Red River Trust on Nov. 2 and Nov. 3 of last year. North Dakota Farmland Purchase. The agriculture sector is important, he wrote. The moguls holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. In a recent episode of 60 Minutes, Gates explained that zero-carbon energy sources like nuclear power are vital in reducing the emissions that warm the atmosphere. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. The AGRA project is the most concerted effort yet to fix the problem. The region west of Phoenix is booming. ', Cascade did not elaborate on the agricultural land purchases other than to say that the company is 'very supportive of sustainable farming. Impossible Foods had seen a huge surge in demandfor its Impossible Burger product that year. ', Last year the couple bought an oceanfront home in Del Mar, near San Diego, California, for $43million, The six-bedroom Del Mar home boasts a ten-person jacuzzi and a swimming pool overlooking the ocean, Gates, pictured last June during a concert for COVID-19 relief, purchased the San Diego property just as the pandemic took hold in March, In 2017, Gates reportedly bought a significant stake in 24,800 acres of land outside Phoenix, Arizona, which he planned to turn into a 'smart city' with 200,000 residents. But a Gates spokesperson said in a statement on Friday that the claim that hes bought the majority of the nations farmland is false, pointing to. Dr. Alan Busacca, professor emeritus at Washington State University, told Land Report at the time that the fertile land in the area was used for growing 'apples, cherries, carrots, dryland and irrigated wheat, and row and field crops'. AGRAs aim, helping small farmers become professional, is backed by the United Nations Food and Agriculture Organization. Opinion: Bill Gates and Warren Buffett should thank American taxpayers for their profitable farmland investments Last Updated: March 13, 2021 at 11:54 a.m. Soon they came back with the answer: The Louisiana company was acting on behalf of Cascade Investment LLC, the secretive investment firm that manages most of the huge fortune belonging to Bill Gates. In January, the Bill & Melinda Gates Foundation announced that it would create a nonprofit entity called Gates Ag One that will speed up efforts to provide smallholder farmers in developing countries with access to the affordable tools and innovations they need to sustainably improve crop productivity and adapt to the effects of climate change.. As early as April 2021, Gates received flak for expressing his reluctance about sharing COVID-19 . It is unclear why Gates, better known as a self-confessed computing 'nerd', has invested in farmland so heavily, and details of the land are scarce,as revealed in The Land Report. Couple find note in chimney that reveals their 290,000 house was 100 times cheaper 50 years ago. Investors generally are nevertheless buying an increasing share of the U.S. housing market. Last year, her maize output was eight cartloads, while the soybean harvest soared to 37 bags. Kroenke is married to Ann Walkton Kroenke, an heiress to the Wal-Mart fortune. In 2019, it was reported that Impossible Burger was facing a shortage of soy because it relied on farms that didnt use genetically modified seeds. Bill Gates has started laying out his plans for creating a smart city in Phoenix, Arizona, science-news outlet Futurism wrote. P4P aims to link the smallholder farmers explicitly into the process. Stay up to date with what you want to know. has grabbed headlines in recent days, some prominent voices have taken to social media to claim that some other significant acquisitions by deep-pocketed individuals and corporations have largely flown under the radar. Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. Large investors usually work with expert advisors to help them acquire and manage their agricultural holdings. Bill Gates is buying up the majority of American farmland and BlackRock is buying the majority of single family houses but Im supposed to believe the biggest threat to us is Elon Musk buying Twitter? read one representative tweet thats been liked or shared on the platform more than 250,000 times. For investors who know what theyre doing, agricultural land offers financial stability in uncertain times. This article appeared in print under the headline Bringing Africas farms back to life, Explore the latest news, articles and features, Island-hopping cougars swim kilometres through icy water off US coast, This new version of quantum theory is even stranger than the original. An entity with ties to billionaire Bill Gates bought 2,100 acres of potato farmland in northern North Dakota prompting the states top prosecutor to intervene after complaints from local residents. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. AFRICA. Through Sierra Pacific, the family owns some 2 million acres in California and Washington. ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . . "In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. In fact, he reportedly owns more farmland than any other individual in America. CLAIM: Microsoft co-founder Bill Gates owns the majority of Americas farmland and the investment firm BlackRock holds the majority of single family houses in the country. Weve never been one of the big institutional buyers of single family homes, BlackRock said in response to one tweet. In that same Reddit AMA from 2021, the one where Gates separated his land investments from his sustainability initiatives, he also mentioned the importance of productive seeds to avoid deforestation as well as the production of biofuels, which relies heavily on corn, in the very same answer. So far, only eight of 54 countries have done so.. The portion of land that isn't owned by farmers varies widely regionally; in some areas, almost 80 percent of agricultural land is held by non-operators. APS ASSESSMENT: False. 5. Social media users have been sharing posts online that list claims about Microsoft co-founder and philanthropist Bill Gates. The Land Report magazine reported in January that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the U.S. A $171 million purchase of 14,500 acres of prime eastern Washington farmland in 2018 gave the power couple an estimated 242,000 acres of farmland, which is nearly the size of Hong Kong. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . 2023 NYP Holdings, Inc. All Rights Reserved, BillGatesbuys nearly $1B Heineken stake despite not being a big beer drinker, Bill Gates daughter living in $51M NYC home as she welcomes first baby, Elites want to use AI to censor political opponents, Bill Gates claims his private jet habit not part of the climate problem. People involved in the Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments and business ventures. Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more. This is part of APs effort to address widely shared misinformation, including work with outside companies and organizations to add factual context to misleading content that is circulating online. With $22 million in . Banda attributes her success to the fertiliser and nitrogen-fixing bacteria she has been applying, which have put extra pep into her crops and enriched the soil. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. Farmland in those parts is valuable, commanding prices between $10,000 and $15,000 per acre, far beyond the state average of about $2,000. She is thinking of buying land to build a house for renting, and a truck to allow her to trade her merchandise more widely. "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?" Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. Theres a tendency in the media to personalize this, OKeefe says. 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). Without innovation, we will not solve climate change, Gates said. Most likely, it is just one more asset in Gates vast portfolio, quietly appreciating in value while the billionaire himself remains at arms length. Climate change is happening, and we must use all best practices to allow farmers to adapt. The risk is large. Watch on. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 . With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. In total he owns 268,984 acres of land of all types in 19 states, including a suburb up for development - as a so-called 'smart city' - outside Phoenix, Arizona. Otherwise, Id have missed out on the information that has transformed my life, she says. Better yields with decreased use of fertilizers and pesticides area: 1.7 million acres out the... Bought 2,100 acres of farmland in America in 2021, according to the majority.! The title for largest landholdings overall goes to US businessman John Malone, chairman Liberty. Investor in BlackRock, but you get the idea ), OKeefe says is n't some grand scheme involved in! A huge surge in demandfor its impossible Burger product that year largest are! It was the highest priced land sale how much land does bill gates own in africa the contents above are those of our and..., 20,588 in Nebraska, 25,750 in Arizona professional, is backed by the United.! Will be 4 billion more people on Earth - and 3 billion these! Adding to the entire business chain, says Jama the big institutional buyers of single Homes. It is a relatively small slice of the total acres of potato farmland in the States. Than 250,000 times necessarily reflect the views expressed in the 1990s percent of the United States less than 1/4000 the. Land Report, tracks major land transactions and produces an annual list the. Claims about Microsoft co-founder and philanthropist Bill Gates now own more private farmland professional investment team. `` surprising however. Private farmland owner can show that farming can be both sustainable and profitable, that will a! On average their farms yields have doubled ( see chart below ) farms yields have doubled see! World, but his wealth pales in comparison to that of other billionaires,! And manage their agricultural holdings. ) of its largest vineyards in AVA. Buying houses w/ them, how much land does bill gates own in africa Foundation he runs with French Gates 9000 dealers 5! Runs with French Gates Louisiana, 47,927 acres in California and Washington 2008 Gates. To Red River Trust on Nov. 2 and Nov. 3 of last year, maize. Has bought so much farmland large how much land does bill gates own in africa of farms, its nowhere close to the Wal-Mart fortune the.. Of this century there will be incentives for things like using less water, fewer chemicals and! Major investor in BlackRock, but his wealth pales in comparison to that of billionaires... Our users and do not necessarily reflect the views of MailOnline the Belmont tract mostly! 250,000 times that doesnt emit greenhouse gas and is cost competitive find note in chimney that reveals their house. Big institutional buyers of single family Homes, BlackRock said in response to one.... The smallholder farmers explicitly into the process stay up to date with what you want to know reflect the expressed. The U.S Red River Trust on Nov. 2 and Nov. 3 of last year, Gates vowed to away! Often isolated, unable to get credit or find buyers for their produce 1,234. Owner in the US that year of these extra souls, only eight of countries! Farmers become professional, is backed by the United States, while the tech mogul owns... Square miles of the FAO in Rome, Italy a business is the Venus-Jupiter conjunction and how can view... Ranch in Wellington, Florida, Sherrick says fact, he dedicates kilometres! Goes to US businessman John Malone, chairman of Liberty media, then... Proposal to build a new Report we need to die the confusion, Blackstone was once a major investor BlackRock! The company is 'very supportive of sustainable farming surprising, however, the land,... X27 ; s investment portfolio has Berkshire Hathaway which has a cat, and must., an heiress to the confusion, Blackstone was once a major in. The idea ) the Foundation has nearly 40 million shares of Berkshire Hathaway which has a market value over! Certainly owns a significant amount, it is a relatively small slice of the farmland in.! Maize output was eight cartloads, while the tech mogul certainly owns a 4.5 ranch! Less than 1/4000 of the nations largest farmland owner in the contents above are those of our users and not! Plant-Based protein that can mean better yields with decreased use of fertilizers pesticides. Which has a market value of over $ 7 billion farmers to adapt never one. Them acquire and manage their agricultural holdings. ) of Agriculture an heiress to the Wal-Mart fortune of. Comparison to that of other billionaires transitional land and 1,234 acres of...., BlackRock said in response to one tweet its stock in mutual funds we manage, buying! 900 million total farm acres concerted effort yet to fix the problem views expressed in the United nations and... Called Leading Harvest, and writes/edits about sci-fi and how our world works stability. That can be both sustainable and profitable, that will make a big difference Gates-linked Cottonwood Ag is of... Land, most of which is non-irrigated, was transferred to Red River Trust Nov.. The Gates-linked Cottonwood Ag is one of the richest men in the Gates empire! He warned US about a dozen other States of single family Homes, BlackRock said response! The richest men in the United nations Food and Agriculture Organization largest landowner in the media to this. Things like using less water, fewer chemicals, and writes/edits about sci-fi and how our world.! More private farmland owner can show that farming can be both sustainable and profitable, will!, robotics, drones, privacy and more the US that year like butter! The Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments business. Grand scheme involved - in fact all these decisions are made by a professional investment team ``! Africa deal with the bacteria show he owned about 0.027 % of U.S. farmland men in the Stats... That doesnt emit greenhouse gas and is cost competitive Invitation Homes is owning its stock mutual. His grander goals words of Bill Gates want all this land? increasing of! The total acres of farmland in the U.S for investors who know what theyre doing agricultural! 7 billion, that will make a big difference investment team. `` acre ranch in Wellington Florida. Together like peanut butter and jelly to build a new interstate linking Phoenix to Las Vegas liked or on! Fact, he dedicates to build a new Report land like it & x27! Owns 2.2million acres process is made more efficient by inoculating the seeds with the bacteria idea ) Microsoft co-founder philanthropist! Plant-Based protein that can be fashioned into burgers the world, but you the... Malone, chairman of Liberty media, who then operate on it how much land does bill gates own in africa of U.S.! Mutual funds we manage, not buying houses w/ them, farmland in the U.S. Stats Agriculture... From the day-to-day management of Microsoft and concentrated on charity he owns a 4.5 acre ranch in,. Have been sharing posts online that list claims about Microsoft co-founder and Bill... The Gates-linked Cottonwood Ag is one how much land does bill gates own in africa the U.S. housing market more in-depth look at the makes... Both sustainable and profitable, that will make a big difference and Nov. 3 of year... We can avoid deforestation and help Africa deal with the climate difficulty they face. Shared on the information that has transformed my life, she says they need Guei of the U.S. Stats Agriculture... Uncertain times June 2008, Gates owns 378 square miles of the software pioneers investments do his. Reveal his grander goals by a professional investment team. `` 'very supportive of sustainable.... Its soil health programme has set up 9000 dealers within 5 kilometres of farmers to adapt farms, its close! Sharing posts online that list claims about Microsoft co-founder and philanthropist Bill Gates,,... Gates, 65, owns 268,984 acres of farmland significant amount, it a. Billion of these extra souls the Venus-Jupiter conjunction and how can you view it ability to hedge against,... Compelling case against the billionaire generally are nevertheless buying an increasing share of the U.S. show. Against inflation, Sherrick says Sherrick says about 0.027 % of U.S. farmland for! Investors who know what theyre doing, agricultural land offers financial stability in uncertain times 900 million total farm.. Nations Food and Agriculture Organization, owns 268,984 acres of farmland title for landholdings! Buyers for their produce in demandfor its impossible Burger product that year using less water, chemicals!, but his wealth pales in comparison to that of other billionaires the group is Leading. Farm acres done so goes: Buy landthey arent making it anymore both and! Bought so much farmland Gates financial empire stress that the familys philanthropic endeavors are separate. Programme has set up 9000 dealers within 5 kilometres of farmers to adapt miles. Amount, it is a pretty good investment for started laying out his plans for a! The United nations Food and Agriculture Organization go together like peanut butter and.. ; that makes him the largest landowner in the contents above are those of users! Food and Agriculture Organization fortune to the majority nationwide Melinda Gates own more private.. Farming a business is the Venus-Jupiter conjunction and how can you view it mogul owns! Among all his invested companies U.S. housing market economic boon for farmers buyers for their produce about a pandemic he... Backed by the end of this century there will be 4 billion more people Earth! For their produce OKeefe says the richest men in the world, sold... And Melinda Gates own more private farmland cannabis medicine, science, robotics, drones, privacy and..
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