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. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions." Back in January, US magazine The Land Report revealed that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the US, comprising an estimated 242,000 acres. Climate Connection. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Gates responded: "I own less than 1/4000 of the farmland in the US. Today, Bill Gates owns 242,000 acres of farmland in 19 states. These subsistence farmers can order equipment and seeds they need, paying what they can over a longer period of time. 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.. Contacted by Reuters, a BlackRock spokesperson said: BlackRock is not buying single-family homes and is not competing with individuals to purchase houses in America.. With her 6.6 billion acres, Elizabeth II is far and away the worlds largest landowner, with the closest runner-up (King Abdullah) holding control over a mere 547 million, or about 12% of the lands owned by Her Majesty, The Queen. Breitbart News previously reported that Gates is Americas largest private owner of farmland. In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. What Asset Class Is Farmland Considered To Be? By clicking Sign up, you agree to receive marketing emails from Insider 1800 I Street NW While viral conspiracy theories baselessly conjecture that Gates is buying up farmland in order to starve Americans for some unknown reason, there's likely a simpler explanation: Gates makes money off this land. AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. researchers warned about the potential risk of a global food shortage, currently no nationwide food shortages in the United States, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal, 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, you'd cover an area about a quarter the size of Rhode Island, Gates was putting microchips into vaccines, Gates had input tracking devices into vaccines, vaccinations as a way to depopulate the planet. Why Bill Gates Keeps Buying Up So Much Farmland, 60 Scientists Are Trying to Block the Sun, Your Privacy Choices: Opt Out of Sale/Targeted Ads. According to The Land Report, the Microsoft co-founder owns farmland across 18 states, with the largest holdings being in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. #1. Egg prices havent come down with inflation. An entity linked to billionaire Bill Gates has reportedly purchased 2,100 acres of potato farmland in northern North Dakota angering local residents. With all of this recent farmland accumulation, one might think Gates is using this land to research these gene edited super seeds. An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. Read more about our work to fact-check social media posts here . Owning farmland is one of the most prudent financial investments to make now. 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. Bill Gates owns almost as much U.S. agricultural land as China at 248,000 acres, . It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks. Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. By Jenna Hoffman July 5, 2022. The state is investigating the purchase of potato farmland by the Gates-linked trust, with the states Attorney General writing in a letter that it wasprohibited from owning or leasing farmland or ranchland in the state of North Dakota.. 2023 Benzinga.com. He had accumulated more than 269,000 acres of farmland across 18 states in less than a decade. Purchasing your own farm outright means that you are not diversified across many farms; just 1. How Many Hours Is It From Detroit To Michigan? By 2019, the USDA says foreign ownership of U.S. acres exceeded 35.2 million acres, a 60 percent increase from the decade prior. St. Petersburg, FL According to 2021 article from the Land Report, a magazine about land. By Dec. 31, 2022, the Agriculture Department reported 43 million egg-laying hens had died because of the disease or depopulation. Our state produces about 75 percent of the nations tart cherry crop. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Suggests virologists death is linked to COVID-19 vaccines. Interestingly enough, though the Bill and Melinda Gates Foundation is working on this agriculture initiative. Which Billionaire Owns The Most Land In The U.S.? Hes the largest landowner in the United States. In Washington, the duo owns more than 14,000 acres of farmland that includes potato . 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. You're looking into Bill Gates' Red River Trust purchase of . 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 and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. According to a January 2021 article by The Land Report, Gates owned 242,000 acres of farmland through two investment management firms - Cottonwood Ag Management and Cascade Investment (here). 309. Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that farmland returns historically out performs most other investment vehicles, and is also comparatively the least volatile asset among the bunch. Mr. Gates owns about 97,934 hectares, accounting for about 0.03% of . 2021. Starting in 2013, Gates began investing his billions (through the firm Cascade Investment) in agriculture because of its steady increase in value and low volatility. Why am I just learning about this NOW?. Who owns the most property in Detroit Michigan? In a world of wild talk and fake news, help us stand up for the facts. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. 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. Thetech billionaire owns69,071 acres inLouisiana,47,927 acres inArkansas, and 20,588 acres inNebraska. Since 2020, Gates has held the title of the nations largest private farmland owner, per The Land Report. a Reddit user asked. 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. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for. Think about how much Bill Gates would have lost if he hadn't diversified in 1999. According to Mother Jones, the average price of farmland increased six times from 1940 to 2015, and the trend is likely to continue as the amount of arable land in the U.S. continues to shrink from climate-related pressures. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. Social media posts blame Gates investments in plant-based meat alternatives and his status as the nations largest private farmland owner for triggering the countrys current chicken and egg shortages. 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. However, when you read between the lines with an objective and open mind, one can infer much. Bill left most of his professional work at Microsoft at this time to work with Melinda and the foundation. TheNew York Post reportsthat public records recently cited by AgWeek reveal that an entity called Red River Trust with links to billionaire Bill Gates recently purchased 2,100 acres of potato farmland in northern North Dakota, prompting state officials to intervene after complaints from local residents. Bill Gates just bought almost 3,000 more acres of farmland in North Dakota, a purchase that was eventually cleared by the North Dakota Attorney General even though it raised numerous questions about his intentions and why he has been buying up over a hundred thousand acres of American farmland. North Dakota Agriculture Commissioner Doug Goehring spoke with KFYR, stating that the public reaction to the purchase has been negative. Or, have more control over the resources we all use and need. In April 2022, researchers warned about the potential risk of a global food shortage, spurred on in part by Russia's ongoing attacks on Ukraine. As unfounded rumors related to the cause of a yet-to-happen food crisis circulated online, many people started to point fingers at a favorite target of conspiracy theorists, former Microsoft CEO Bill Gates. "Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions," the letter said.
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