In January 2021, Bill Gates became the largest owner of farmland in the United States. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. The Microsoft co-founder faced several claims that he owned a majority of Americas farmland earlier this year. Bill Gates' Land Ownership. America's leading landowners added hundreds of thousands of acres to their holdings last year. A 2018 purchase of 14,500 acres of prime eastern Washington farmland which is traditional Yakama territory for $171m helped him get that title. The 13,573-square-foot home has six bedrooms, 11 bedrooms and more luxury features than you can count. 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. AP'S ASSESSMENT: False. Murdaugh is heckled as he leaves court, Ken Bruce finishes his 30-year tenure as host of BBC Radio 2, Ukrainian soldier takes out five tanks with Javelin missiles, Family of a 10-month-old baby filmed vaping open up, Missing hiker buried under snow forces arm out to wave to helicopter, Hershey's Canada releases HER for SHE bars featuring a trans activist, Moment teenager crashes into back of lorry after 100mph police race. Single-family homes are priced between $5-25 million. Last year, Cascade Investment made a second major investment in Arizona by acquiring more than 2,800 acres known as Spurlock Ranch in Buckeye for $25 million, that could be built out to include 8,500 homes. 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. Through our professional experience in land acquisition, we have found that people buy and sell land for many different reasons and have learned that it can be an investment for profit, vacation, or any opportunity that suits your needs and desires. That was a virus I got from Ted Turner.. The Microsoft co-founder and his former wife, Melinda, are the top farmland owners in. Nick Estes is a citizen of the Lower Brule Sioux Tribe. Bill Gates owns massive parcels of farmland. It's not part of his plans Cascade Investments declined to comment on its interest in acquiring so much American farmland, but a spokesperson for the firm, Charles V. Zehren said it is very supportive of sustainable farming. He pointed out that in 2020, the acreage that Bill Gates firm owns was all enrolled in a sustainability program. Although the Bill & Melinda Gates Foundation is not directly connected with Cascade or its investments, it also has a farmland initiative: Gates Ag One, established in the Greater St. Louis area, with a mission to help 'smallholder farmers adapt to climate change and make food production in low- and middle-income countries more productive, resilient, and sustainable. Except, it seems, when it comes to a private individual selling some land to iconic billionaire Bill Gates. The couple also snapped up an oceanfront home in San Diego County, California, last year, for a record making $43 million. The worlds richest 1% emit double the carbon of the poorest 50%, an 2020 Oxfam study found. In May, Bill Gates also transferred about $850 million in shares of the agricultural machinery company John Deere to his wife after the two shared publicly their plans to divorce. "The agriculture sector is important. According to the Land Report 100 Research Team, that figure is currently more than twice that amount, which means Bill Gates, cofounder of Microsoft, has an alter ego: Farmer Bill, the guy who owns more farmland than anyone else in America. The trend worries young farmers who cannot compete with the likes of Bill Gates when buying land, according to Holly Rippon-Butler, a farmer in upstate New York and the land campaigns director at the National Young Farmers Coalition. Farm Gates - Ohio Ag Net | Ohio's Country Journal The land is owned both directly and indirectly by Cascade Investment, the Seattle-area firm that Gates the worlds third-richest man with a net worth of $132 billion, according to Bloomberg set up to manage his massive fortune, according to The Land Report. Gates' purchase averaged $12,000 per acre. Well, youd think, if you're looking for somebody with enough capital to try that, he would go first. Bill Gates is now America's biggest farmer - The Telegraph The company also took to Twitter to reject the false narrative. As more and more land becomes developed, less and less raw land is available, which potentially increases the value as demand remains the same or even increases. The farmland was purchased through a constellation of companies that all link back to the couples investment group, Cascade Investments, based in Kirkland, Washington. The Gates Rancho Santa Fe estate was purchased in 2014 because of its horse stables and proximity to a local race horse track. 5. Media billionaire Ted Turner has also invested in 2 million acres of land (much of it rangeland and prairie, rather than cropland) and earned the distinction of being the largest private owner of buffalo herds that roam the 200,000 acres of his private ranch, The Guardian reported. If you are unsure where to start, you can also check country tax sales. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. He now owns more farmland than my entire Native American nation. These purchases are also a direct result of their daughters equestrian career hopes because of Wellingtons close proximity to the Palm Beach International Equestrian Center. Gates . The billionaire knows best mentality detracts from the deep-seated realities of colonialism and white supremacy, and it ignores those who actually know best how to use and live with the land. Bill Gates Land Grab - YouTube A few years ago, Bill Gates has announced plans to build a smart city outside of Buckeye in Arizona. Farmer Bill - The Land Report Raw land is not developed. It also allows you to keep a portion of the land for personal use so you do not have to give up your weekend home or relaxation property. Port: Bill Gates can't buy land in North Dakota? - InForum Land holds ample opportunities for growth and development, yet you may find that there is more land than there is competition. Why does Bill Gates own so much farmland? - FoodIndustry.Com In north Louisiana, the Gateses investment firm owns about 70,000 acres of land through at least three other shell companies. , an annual survey of the nations largest landowners. Gates shares ownership with Saudi Prince Alwaleed bin Talalthe two purchased the chain in 2007 for $3.8 billion. The Microsoft co-founder has reportedly purchased an $8.9 million Wyoming ranch that was once the stomping grounds of Buffalo Bill . There are more than 85 million single-family homes in the country, and only around 15 million of those are rentals, according to the latest American Housing Survey by the Census Bureau. In fact, he reportedly owns more farmland than any other individual in America. Gates has been buying land like its going out of style. His firms largest farmland acquisition happened in 2017, when it acquired 61 farming properties from a Canadian investment firm to the tune of $500m. North Dakotans Freak Over Bill Gates Land-Buying Mystery - Yahoo! If you said investment, then you are right. America's Biggest Owner Of Farmland Is Now Bill Gates - Forbes Financial titans like Prudential and Hancock have divisions specifically for investors looking to make money on farmland portfolios. The Microsoft co-founder is considered the largest private owner of farmland in the country with some 269,000 acres across dozens of states, according to last years edition of the Land Report 100, an annual survey of the nations largest landowners. The sale was notable because it added to Gates' farmland holdings which includes large tracts of land in Illinois, Iowa, Louisiana, California, and about a dozen other states. Gates and his wife own 269,000 acres of farmland. Now Bill Gates appears to have acquired a slice of their tiny city, and locals near. BILL Gates' $80billion property empire now hangs in the balance after he and his wife of 27 years announced they are divorcing. According to the Land Report 100 Research Team, that figure is currently more than twice that amount, which means Bill Gates, co-founder of Microsoft, has an alter ego: Farmer Bill, the guy who owns more farmland than anyone else in America. 23:06 GMT 15 Jan 2021 Now in its 15th edition, this landmark study tracks the diverse array of farmers, ranchers, forest owners, entrepreneurs, and investors who own at a minimum 243.75 square miles. It will not tell you that Bill Gates is your neighbor. The principal danger of private farmland owners like Bill Gates is not their professed support of sustainable agriculture often found in philanthropic work its the monopolistic role they play in determining our food systems and land use patterns. This can potentially earn you tons of money. What Land Does Bill Gates Own In Michigan? - PartyShopMaine NBC News also found that another 6,500 acres in north Florida are owned by yet another company, Suwannee River Terra, which was also started with an address in Kirkland and an email address from the Bill and Melinda Gates Investment Firm, which is now registered to the current chief counsel of Oak River Farms with a mailing address in Kansas, according to property records. Bill Gates' 242,000 Acres of Farmland Could Be Split in Divorce They own the soil where the potatoes in McDonald's french fries grow, the carrots from the world's largest . Map reveals which billionaire owns largest amount of land in US - and 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'. Both companies were founded in 2012 with the same address as Cascade Investments in Kirkland, which later changed its mailing address to a Louisiana post office box assigned to Oak River Farms, another subsidiary of Cascade. Bill Gates owns more land than all of the entire city of New Why Bill Gates Is Buying Up U.S. The billionaire says he purchased the land because they are not making it anymore.. Bill Gates found to be the largest farmland owner in the U.S - KARK A 6,300-acre farm owned by Bill Gates in Madison County could become the site of one of the nation's largest solar farms. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. Theres a more cynical calculation. of the richest people in the country, owns less than one percent of the nations total farmland. There are also growing trends revolving around the purchase of low acreage farmland and noncommercial farming. Bill Gates has secured legal approval for the controversial purchase of thousands of acres of prime North Dakota farmland, after the deal drew fury from the state's residents. Bill and Melinda Gates own 70,000 acres of Louisiana farmland - NOLA Bill Gates, the fourth richest person in the world, currently owns 242,000 acres of farmland, making him the top private farmland owner in America, according to Forbes. Bill Gates Is America's Largest Private Owner of Farmland - Breitbart Malone owns several ranching and real estate businesses predominantly in Maine, New Mexico, Colorado and Wyoming. His first major purchase was Bell Ranch in New Mexico, a 290,100-acre plain saturated with mesas, rimrock canyons, pastures and a bell-shaped mountain. This is where a country sells land when the owner becomes delinquent on their property taxes. The comments below have not been moderated, By You can also fill out the contact form below if you are interested in buying or selling land. Additionally, through his personal investment firm, Cascade, Bill Gates owns approximately half of the Four Season Holdings' hotel chain. 4. Wealth accumulation always goes hand-in-hand with exploitation and dispossession. Today, Bill Gates owns 242,000 acres of farmland in 19 states. But billionaire class assertions that they are philosopher kings and climate-conscious investors who know better than the original caretakers are little more than ruses for what amounts to a 21st century land grab with big payouts in a for-profit economy seeking green solutions. Bill Gates may no longer be the worlds richest man, but he can claim a new title: Americas farmland king. A MAP has revealed which billionaire owns the largest amount of land in the US - youll be shocked to know that it isnt Bill Gates. As more and more land gets developed, if you own land that is in the path of the plan, you could have buyers offering you big money to take hold of the property. If the land is owned by the Cascade Investment Group or Cottonwood Ag Management it is likely that Bill Gates may be one of your neighbors. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 . In this country, enslaved Black labor first built US wealth atop stolen Native land. The acquisition, however . 2021 Land Report: Who owns the most land in the United States? Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. Bill Gates' 20,000 acres in Nebraska help make him the top farmland Several Properties in Wellington, Florida: $27.2 Million (Total). Bill Gates top private farmland owner in US. Bill Gates owns a lot of American farmland, but not the majority By PHILIP MARCELO May 2, 2022 CLAIM: Microsoft co-founder Bill Gates owns the majority of America's farmland and the investment firm BlackRock holds the majority of single family houses in the country. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'askbamland_com-box-4','ezslot_4',104,'0','0'])};__ez_fad_position('div-gpt-ad-askbamland_com-box-4-0'); Well, why would you think that a billionaire would want to own land? They add it will take those with large parcels of land, like the Gateses U.S. farmland holdings, to do it. The billionaire media mogul Ted Turner epitomizes such disparities. Ownership of Angelina Plantation Farms, which sits among three wildlife areas in Monterey with a view of Bayou Cocodrie, and other property has been a . The price makes this one of the most expensive home sales in this part of California ever. That land is now largely rented out to various farmers. The Microsoft co-founder faced several claims that he owned a majority of America's farmland earlier this year. 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. There is only a certain amount of land available on earth. Our inventory spans five western states. Bill Gates Called Out By Farmer For Secretly Buying Up US Farmland: 'I Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. As more and more land becomes developed, less and less raw land is available, which potentially increases the value as demand remains the same or even increases. You just have to keep it relatively clean, mow it, and pay property taxes. Who owns the most land in America? Jeff Bezos and John Malone are among Farmer Bill. Bill Gates Is The Largest Owner Of Farmland In The US - Nation These land holdings are separate from their previous investments in companies that support large-scale farming like Monsanto and the tractor manufacturer John Deere. Why Is Bill Gates Buying Farmland? How Much Does He Own? - Farmfolio Bill Gates is best known for revolutionizing personal computing, but lately he's gotten back to the land. MINOT, N.D. North Dakotans like to pride themselves on being pro-property rights. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley near Lancaster, Calif., in 2004. Bill Gates owns a lot of American farmland, but not the majority 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 in Nebraska, where farmers grow soybeans.
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