, said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. Otherwise, Id have missed out on the information that has transformed my life, she says. But even with his big new agricultural holdings, Gates still doesn't rank in the Top 100 of private landowners overall in the U.S. - when considering owners of land of all types, not just agricultural. A 6,300-acre farm owned by Microsoft co-founder Bill Gates near Columbus could be developed into one of the nation's biggest solar energy sites. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. But if it ever gets built, it would boost the value of Gates land dramatically. Impossible Foods had seen a huge surge in demandfor its Impossible Burger product that year. AGRAs aim, helping small farmers become professional, is backed by the United Nations Food and Agriculture Organization. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. In reality, the idea that Bill Gates was single-handedly reinventing farming or designing cities of tomorrow was almost entirely speculation. The Emmerson family owns and operates Sierra Pacific Industries, a company that logs usable lumber after forest fires and sells it to lumber retailers. Grinning and bearing it? The total portfolio of farmland is worth well over $700 million. This article will go into detail about how much land Bill Gates owns and why he owns so much. Total acreage for Bill Gates: Well over 270,000 acres. A new report from AGRA says climate change could increase the number of malnourished people in sub-Saharan Africa from 223 million today to 355 million in 2050. While the Gates' own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. Africas farmers have a lot of problems, but one of the biggest is poor soil. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. The risk is large. Larson sees to it that Gates wealth is sensibly, even conservatively, invested. With the Washington state acreage and other recent additions to his portfolio, OKeefe calculated, Gates now owns at least 242,000 acres of American farmland. NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money, his close friend and Berkshire Hathaway CEO, Warren Buffett, he'll sell what he owns as money goes towards the foundation. His portfolio is diversified, in other words. We invest in the farms to raise productivity. Bill Gates is one of the richest men in the world, but his wealth pales in comparison to that of other billionaires. Thanks to the dealers, AGRA farmers now use 10 to 50 kilograms of fertiliser per hectare, and though this is just a tenth to a quarter of what farmers use in rich countries, it is still a big improvement. The tech mogul, who is the fourth richest person in the world with a net worth of $121billion, according to Forbes, has quietly built up a massive agriculture portfolio. But the details are murky, and there is no evidence that the billionaires farmland-buying spree is driven by anything more than a desire to have a well-diversified portfolio. This high-tech metropolis could be both a breeding and testing ground for futuristic technologies.. The last one in this top 5 of the largest landowners is once again a large Australian farmer. Berkshire Hathaway, Inc., Waste Management, Inc., Canadian National Railway Company, Caterpillar Inc., Walmart Inc., Four Seasons Hotel and Resorts & more are the companies owned by Bill Gates. The farmland that Gates owns is located in 19 states. The Bill and Melinda Gates Foundation was launched in 2000 and has $46.8 billion in assets (December 2018). For comparison, the state of Rhode Island covers an area of 1,214 square miles. Last year, her maize output was eight cartloads, while the soybean harvest soared to 37 bags. Farming is all of a sudden part of the solution and not just part of the problem, Sherrick adds. Less rain will be a major factor. Meanwhile, American agriculture today is being transformed as farmers employ new technologies and Big Data to help them manage their crops. That makes Invitation Homes the, largest operator of single-family rental homes in the country, but still represents, BlackRock also suggested it was being confused for the similarly-named i. nvestment management firm Blackstone, which until recently owned Invitation Homes. This latest outburst is part of constantly growing anger against Gates and his foundation in India. We may earn commission if you buy from a link. 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. 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. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". Cost and bad infrastructure have long prevented farmers from fertilising their fields, so many African countries have been losing nutrients from their soils (see map above). Bill Gates is the largest owner of land in America and there's a food crisis.. Bill Gates is the largest investor in renewables and there's a oil shortage.. Pelham (@Resist_05) April 18, 2022 Gates and his wife own 269,000 acres of farmland. Wife is shocked after husband of 15 years asks for permission to have an affair: 'I don't know what to do', My Daily Horoscope: What does March 2nd hold for MY star sign? 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. A new coalition of farmland owners, operators and environmental groups is working to come up with verifiable standards for sustainable farming. Larson also makes sure Gates keeps his eggs in a wide variety of baskets. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Some are near cities and might end up having other uses.". (Related:Why is Bill Gates buying up farmland across America?). 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. Hes the largest landowner in the United States. 2 min read. And Eastern Washington has some of the richest, most expensive farmland in the country. The nearby community of Buckeye has grown more than tenfold in the last 20 years. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. Theres also a proposal to build a new interstate linking Phoenix to Las Vegas. She then joined the AGRA programme (see main story), who put her forward as a model participant. . The other major problem AGRA is aiming to solve is lack of infrastructure. Groups of 15 to 25 smallholders are also being encouraged to form collectives. But many farmers lease at least some of the land they cultivate. Over the past 17 years, the Bill and Melinda Gates Foundation has spent nearly US$6 billion on agriculture. Who knows. Three-quarters of them live in South Asia and sub-Saharan Africa. appeared to be earmarked for genetically engineered corn and soy crops, converts plant waste and biomass into sugars that can be converted into biofuels, Accumulation of ammonia from agriculture linked to cloud formations over Asia, Climate change propagandist Michael Mann calls for total censorship of anyone who disagrees with him (op-ed), Bidens claim that deadly Midwestern storms stem from human-caused climate change ripped as utter bulls**t by real meteorologist, Navigator Heartland Greenway using eminent domain to seize American farmland, construct CO2-sucking machines that will deprive crops of essential nutrient in the name of climate change, Deranged Canadian doctor diagnoses patient with climate change, South Pole records its coldest six months stretch, as Arctic Sea ice volume expands, nearing 20-year record, STUDY: Injecting sulfur into the atmosphere (as Bill Gates is doing) is a recipe for climate disaster, Due to changes in solar cycles, Earth could enter a period of GLOBAL COOLING, scientists warn, Kennedy Hall: Climate change and Covid pandemic are tools of control by global elites, Like COVID-19, climate alarmism is a tool global elites wield to control our lives, Mainstream media repeats debunked climate change claims pushed by The Lancet, Transport of tropical ocean heat causes over-estimation of global average temperatures, Three studies reveal natural phenomena, not humans, behind global warming, Convenient hypocrisy: Americans pay global warming tax while China pollutes, much like the Covid vax is mandatory for US citizens while the border is wide open, Larry Hamlin: Climate emergency is the product of propaganda and politics without scientific backing, Climate alarmists hype sea level rise by 2050, claim it could be 50 times greater than actual data, Facebook fact-checkers censor peer-reviewed scientific article proving the sun, not CO2, is responsible for climate change, Expert warns of weaponized weather being used against US power grids, STUDY: Excess CO2 is greening the planet, not killing it, Exceptional drought stressing crops in American West. Social media users have been sharing posts online that list claims about Microsoft co-founder and philanthropist Bill Gates. Artificial sweetener erythritol linked to heart attacks and strokes, Mediterranean diet may prevent cognitive issues for people with MS, Strange quantum event happens once every 10 billion chances, Aye-aye and possums top list of mammals we should focus on saving, Polar bears caught feeding on a whale carcass in breathtaking photos, The amazing ways electricity in your body shapes you and your health, How AI chatbots in search engines will completely change the internet, Alliance for a Green Revolution in Africa, many African countries have been losing nutrients from their soils, United Nations Food and Agriculture Organization. We already buy 80 per cent of our produce from developing countries, but those that bid for the contracts are usually the larger companies and farms, says Ahnna Gudmunds, the schemes advocacy officer. (Through a spokesperson, the company declined to comment for this article.). There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". You can find his previous stuff at Gizmodo and Paste if you look hard enough. It isless than .1% of all US farmland because the ownership is so diverse. Kroenke is married to Ann Walkton Kroenke, an heiress to the Wal-Mart fortune. 4. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. 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He concentrated on third world countries, with the aim of improving health facilities, reduce diseases, poverty and the improvement of education but his real interest in Africa is a hidden agenda. AGRAs methods are one way to do so. ', 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. The first necessity is fertiliser. 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 . 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