Maps Mania: The United Gates of America - Blogger 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. McDonald's french fries, carrots, onions: all of the foods that come This map shows that area as a rectangle that can be dragged. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. Bill Gates has never been a farmer. 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. 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. But, As of February 2021, Gates has made headlines across the wor. One of the largest plots of land owned by a subsidiary of the Gateses investment arm in Louisiana, Angelina Plantation, was previously owned by former WorldCom CEO Bernard Ebbers, who died last year, a month after being released from prison. 2021 Land Report: Who owns the most land in the United States? Its uncertain why Gates has invested in so much farmland or how his tracts are currently being used. That could spell an opportunity for young farmers hoping to get their start, but for savvy investors scrambling for more places to put their money, it also represents an opportunity. Bill Gates may no longer be the world's richest man, but he can claim a new title: America's farmland king. The billionaire tech mogul and philanthropist has quietly amassed nearly 270,000 acres of farmland across the country, but thats still a relatively small slice of the nations nearly 900 million total farm acres. Billionaire owns 38-square miles of farmland in Illinois. Bill Gates is now the largest private landowner in the country. TRENDING: OUCH! Gates and his investment team own more than 240,000 acres, as reported by Eric O'Keefe, including 2,167 acres in Michigan. . After all, few can out-bid Bill Gates. Bill and Melinda bought this massive mansion in the Coachella Valley for $12.5 million in 1999. 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. The Gates Rancho Santa Fe estate was purchased in 2014 because of its horse stables and proximity to a local race horse track. Not only is it usable by you, but land can be used for so many different things. The project is in its early . On Friday, a showdown between two of the largest agricultural landowners in the United Statesthe Church of Latter-Day Saints and Bill Gates ' wealth management firmcame . In fact, Gates is the owner of over 270,000 acres of farmland, which is worth over $700 million! Nor does he put in the back-breaking labor humble people do to grow our food and who get far less praise for it. Members of the Stanley family now work for Generations. Bill Gates' North Dakota Land Purchase Sparks Questions Online - Newsweek Gates diversified his investment portfolio through land ownership, but why? Bill Gates was quietly becoming the biggest private owner of farmland in the United States. The couple also snapped up an oceanfront home in San Diego County, California, last year, for a record making $43 million. The 1862 Homestead Act opened up 270m acres of Indigenous territory which amounts to 10% of US land for white settlement. Bill Gates owns massive parcels of farmland. It's not part of his plans
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. He added: 'In addition, the states oldest winery, Chateau Ste. buying an increasing share of the U.S. housing market. The Associated Press reports that last week, billionaire Microsoft founder Bill Gates was cleared to purchase 2,100 acres of rural North Dakota farmland. Why aren't they giving more? In Washington, the Gateses own more than 14,000 acres of farmland that includes potato fields so massive that they are visible from space and some of which are processed into french fries for McDonalds. Bill Gates now the biggest owner of farmland in the US Some of that land, including nearly 300 acres, was sold in 2019 to the California-based Grimmway Farms, the worlds largest carrot producer. A few years ago, Bill Gates has announced plans to build a smart city outside of Buckeye in Arizona. Bill Gates Land Grab - YouTube North Dakotans Freak Over Bill Gates Land-Buying Mystery - Yahoo! The billionaire couple, in less than a decade, have accumulated more than 269,000 acres of farmland across 18 states, more than the entire acreage of New York City. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments. Bill Gates is betting big on US farmland - should you? Seems like there could be a lot to benefit more of their charities by selling some of this off. Someone else is building that equity on their back, said Johnathan Hladik, the policy director at the Center for Rural Affairs, who is also a farmer in Nebraska. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. Quarterman guessed that may be because Bill Gates isnt the one doing the farming. Bill Gates may be trading his pocket protector for cowboy boots. Bill and Melinda Gates' divorce puts massive farmland holdings in focus Beach House in Del Mar, California: $43 Million. Bill Gates acquired six parcels of land in Pembina County. They bought and later sold an additional 6,000 acres in Georgia, NBC News found. There farmers primarily grow soybeans, rice, corn and cotton. One per cent of the worlds farms control 70% of the worlds farmlands, one report found. Quarterman also serves as the Suwannee Riverkeeper and advocates for conservation of the intricate network of springs and rivers in the region, where water from the swamps of Georgia flow into Florida before they release into the Gulf of Mexico. Behind Gates in terms of investment in farmland are the cofounders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres. So what is this guy planning? The billionaire media mogul Ted Turner epitomizes such disparities. This way, the land will remain productive and healthy, while also becoming a money-driving investment. Hes the landlord, or rather, the companies owned by his investment firm are the landlords. 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. Now Bill Gates appears to have acquired a slice of their tiny city, and locals near. Raw land is not developed. ', 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 developing world so they can lift themselves and their families out of hunger and poverty.'. Properties up for grabs include a $123million mansion with a trampoline room and a $43million oceanfront mansion with a ten-person jacuzzi. While private companies and corporations are increasing . Bill Gates found to be the largest farmland owner in the U.S - KARK Lots of articles on this are full of "4D chess" speculations about climate change blah blah, but the real reason for this seems to be very simple: "just to collect rent." By
Bill Gates is America's biggest owner of private farmland, and his Bill Gates' $13.5 million investment in 2,100 sprawling acres of North Dakota land has raised questions as the purchase coincided with a controversial Chinese company buying 370 acres of. Renewable energy company Savion has an option to buy the property for what is being called Oak Run Solar Project, according to Madison County property records. Bill Gates Called Out By Farmer For Secretly Buying Up US Farmland: 'I FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. He is an assistant professor in the American studies department at the University of New Mexico. That is a big chunk of land. Xanadu 2.0 in Medina, Washington: Estimated $140-170 Million, Source: Steve Ringman / The Seattle Times. Bill Gates' Land Ownership. Farmers just aren't owning the assets anymore. This could allow you to sell or lease the individual lots of land on the property. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. 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'. In Georgia and Florida, NBC News independently confirmed through research of property records that the Gateses investment firm owns more than 7,000 acres through two limited liability companies, Lakeland Sands and Lakeland Sands Florida, LLC. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. The comments below have not been moderated, By
4 Now you have a foundation where the mission on one side is to save the world and to do all these wonderful things surrounding climate, and on the other side theyre investing in the exact same things that are causing the harm that the mission side is trying to protect, Mason said. Bill Gates uses farmland as investment vehicle, owning 269,000 acres of land. There are also growing trends revolving around the purchase of low acreage farmland and noncommercial farming. In 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify their property portfolio. The title for largest landholdings overall goes to US businessman John Malone, chairman of Liberty Media, who owns 2.2million acres. 4. North Dakotans are outraged as Bill Gates, the largest private farmland The piece noted that the firm owns at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana and other states or an area seven times bigger than Manhattan.. 2,167 acres. And in Florida, farmers grow carrots on their property. 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. Why does Bill Gates own so much farmland? - FoodIndustry.Com His land ownership spans across 19 states. The billionaire Microsoft co-founder has become the largest owner of farmland in the. It can be used for residential development, commercial projects, industrial zoning, public or semi-public use, agriculture, or right of way (a way for others to access a different piece of land or portion of the land). Farmland can be an investment in several ways. That kind of hard work isnt what made him rich. He now owns more farmland than my entire Native American nation. Bill Gates, the billionaire founder of Microsoft, has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18 states. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. 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. Those animals, which are sacred to my people and were nearly hunted to extinction by settlers, are preserved today on nearly 200,000 acres of Turners ranchland within the boundaries of the 1868 Fort Laramie Treaty territory in the western half of what is now the state of South Dakota, land that was once guaranteed by the US government to be a permanent home for Lakota people. The land that Bill Gates owns is used to grow soybeans, corn, cotton, and rice over 70,000 acres in northern Louisiana. 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? The opportunities are virtually endless. While he owns nearly half of the Four Season Holding's hotel chain through Cascade, he also has partial ownership of Charles Hotel in Cambridge, Massachusetts. If youre looking at what this means for farmers on the ground looking to access land, theres significant competition from nonfarmers, and that really affects young farmers because it means that the price that theyre trying to compete with on the marketplace is driven and determined by people who are not dependent on a farming income, Rippon-Butler said. , updated Farm Gates - Ohio Ag Net | Ohio's Country Journal Bill Gates shoots down rumored Chinese link to N.D. farmland Bill Gates is the largest farmland owner in America: report - New York Post Who Owns More Land: Bill Gates, McDonald's or The Catholic Church? It may even be easier to sell smaller lots than it would be to market the entire portion of land that you invest in. The farmland real estate investment trust (REIT) Farmland Partners, which owns 156,500 acres in 16 US states, has seen its traded value more than double since November and is trading near an. Bill Gates is investing big in American farmland | Crosscut Much of Turner's land is used as grazing land for over 50,000 head of buffalo the largest private herd of bison in the world. His firms largest farmland acquisition happened in 2017, when it acquired 61 farming properties from a Canadian investment firm to the tune of $500m. In total, Gates owns approximately 242,000 acres of farmland with assets totaling more than $690m. Bill Gates, who already owns close to 270,000 acres of land in the U.S Bill Gates owns a lot of American farmland, but not the majority 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. The biggest shift in recent years from small to big farms was in the US. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. This means that you can find good deals that may be just the thing you are looking for. retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is traditional. When Quarterman first heard about Gates firm buying land in the area, he began digging through local property records, linking addresses and business records from registered owners to Kirkland-based companies, until he was able to piece together that the companies buying multiple tracts of land in the Suwannee River Basin were all a shell of a shell of a shell company investing for Bill Gates. NBC News independently confirmed that there were, in fact, shell companies tracing back to Gates firm that purchased 6,021 acres across four counties in Georgia. Right? Do whatever you want to with the land as the value increases. And that its going to take big swaths of land, like what Bill Gates has taken, to do that, said Konda Mason, the founder and president of Jubilee Justice and Potlikker Capital, which funds and supports regenerative agriculture projects owned by people of color. Through his subsidiary Mt. He said that this is where large tracts of rich farmland is used to raise livestock and grow many of the vegetables that end up in grocery aisles up and down the East Coast. This means that there is not much to maintain on it unless you want to add your own buildings or other property. The billionaire recently came under severe criticism from a fourth-generation farmer in South Georgia for his farmland ownership in the U.S. Will Harris, who owns a 152-year-old family farm named. BlackRock also suggested it was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation Homes. One of the Gates favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. I mean, it is unlikely that one of the richest people in the world would invest in something that wasnt a good investment, right? The Microsoft co-founder has reportedly purchased an $8.9 million Wyoming ranch that was once the stomping grounds of Buffalo Bill . But theyre far better known for their work in tech and in trying to save the climate. Although the price that the Gates paid for this property was never made public, theres a $300,000 initiation fee, and more than $37,000 in annual feesand you still have to purchase a home within the community. 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. Thanks for contacting us. The billionaire Microsoft co-founder has become the largest owner of farmland in the United States by quietly buying up massive plots across the county, a new report says. In terms of agriculture and his practices Bill Gates, Microsoft billionaire, may be more than . He also purchased the 800-acre Bridlewood Farms in Florida. In an interview with CNBC, Malone said that his biggest motivation for purchasing land was preservation and he said he hopes to buy more. 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. The largest. Mansion in Rancho Santa Fe, California: $18 Million. 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. Is this simply a diversification of Gates' massive tech investment portfolio? Bill Gates' farmland buying spree highlights investment appeal 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. Malone owns several ranching and real estate businesses predominantly in Maine, New Mexico, Colorado and Wyoming. , an annual survey of the nations largest landowners. 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. But why do a handful of people own so much land? America's leading landowners added hundreds of thousands of acres to their holdings last year. They accounted for almost 1% of the agricultural land in the United States. - Bill and Melinda Gates are taking on the new title of the biggest farmland owners in the United States, with a good chunk of that ownership being in Arkansas. Recently, an article in Land Report stated that Bill Gates owns more American farmland than anyone else. In north Louisiana, the Gateses investment firm owns about 70,000 acres of land through at least three other shell companies. Bill Gates may no longer be the worlds richest man, but he can claim a new title: Americas farmland king. 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. 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. The billionaire recently came under severe criticism from a fourth-generation farmer in South Georgia for his farmland ownership in the U.S. Will Harris, who owns a 152-year-old family farm named. 23:06 GMT 15 Jan 2021 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. You can also fill out the contact form below if you are interested in buying or selling land. (Google Maps), Image: The building housing the offices of Cascade Investment in Kirkland, Wash., on May 22, 2021. Bill and Melinda Gates, who recently announced theyre getting divorced and are dividing their assets, are deeply invested in American agriculture. Small farmers and Indigenous people are more cautious with the use of land. There, on Gates parcels, an industrial farm grows potatoes for McDonalds french fries. America's Biggest Owner Of Farmland Is Now Bill Gates - Forbes
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