where is bill gates' farmland in michigan

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. Neither of these are a perfect option. 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. Breitbart News reporter Alana Mastrangelo wrote: Gates is now Americas largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according tothe Land Report. The total portfolio of farmland is worth well over $700 million. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. It has been very fulfilling for me and is my full time job," Gates continued. It's hard to visualize just how much land 242,000 acres amounts to unless . Don't miss real-time alerts on your stocks - join Benzinga Pro for free! During times of uncertainty, people often look for someone to blame, and peddlers of misinformation are quick to tell others at whom they should be pointing their fingers. The publication named Gates the countrys largest private farmland owner in 2020, 2021 and 2022. Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley. #1. . In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Access your favorite topics in a personalized feed while you're on the go. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. Bill Gates owns massive parcels of farmland. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. Another meme circulating online reads: Bill Gates is buying all the farmland. A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is. 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). Who owns the most land in the world 2021? Does Michigan Allow Personal Tax Exemptions? The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . So, what's the interest in farmland? Read next:Bezos-Backed Startup Lets You Become A Landlord With $100. No one but Bill Gates knows that answer. Gates farmland now totals 242,000 acres. Any why now after years of massive success? "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. 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. 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. KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. Please let us know if you're having issues with commenting. The controversy over Bill Gates becoming the largest private farmland owner in the US People are drawing connections between Gates's vast farmlands and climate change advocacy. There were 895.3. 2023 Benzinga.com. Farmland, Biden Hears Oval Office Plea for Alaska Oil Project in Lobbying Frenzy, Apple tops ranking of global companies with the most 'green' revenue, UPDATE 2-North Korea says UN should demand end to S.Korea-US military drills, US Treasury puts cost of outbound investment risk program at $10 million, US Jobs Report and Powell Testimony Take Center Stage: Eco Week. Why did he decide to buy in Amish Country? In 1994, Bill Gates opened up his family office, Cascade Investment LLC, with trusted wealth manager Michael Larson. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. By clicking Sign up, you agree to receive marketing emails from Insider In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? However, this practice of buying up agricultural land predates Bill Gates and has been a popular investment for the super-rich since at least the early 2000s. Social media post scrambles the facts on high egg prices," Jan. 13, 2023, Various searches on Google and Nexis, accessed Jan. 24, 2023, The Land Report, "Farmer Bill," Jan. 11, 2021, The Land Report, "Bill Gates is About to Change the Way America Farms," Winter 2020 magazine issue, The Land Report 100, Winter 2021 magazine issue, The Land Report 100, Winter 2022 magazine issue, Email exchange, Eric OKeefe, editor, The Land Report, Jan. 23, 2023, Email exchange, Gates Ventures, Jan. 24, 2023, GatesNotes, "Future of food," March 18, 2013, GatesNotes, "What the plow and lab-grown meat tell us about innovation," Feb. 27, 2019, GatesNotes, "Is there enough meat for everyone?," April 21, 2015, GatesNotes, "Why I would raise chickens," June 7, 2016, U.S. Bureau of Labor Statistics, "Consumer Price Index," Jan. 12, 2023, U.S. Department of Agriculture, "Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022," Jan. 11, 2023, U.S. Department of Agriculture, "2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks," Jan. 18, 2023, U.S. Department of Agriculture, "Avian Influenza," Jan. 18, 2023, U.S. Department of Agriculture, "Farms and Land in Farms, 2021 Summary," February 2022, Reddit, Bill Gates Ask Me Anything, March 19, 2021, Bill & Melinda Gates Foundation, "Agricultural Development," accessed Jan. 24, 2023, Associated Press, "Bill Gates owns a lot of American farmland, but not the majority," May 2, 2022, Vox, "The controversy over Bill Gates becoming the largest private farmland owner in the US," June 11, 2021, NBC News, "McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland," June 8, 2021, Reuters, "Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses," May 5, 2022, CNBC, "Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future," March 23, 2018, CNBC, "Bill Gates bets on growing demand for sustainable foods," May 14, 2015, Bloomberg News, "Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. Gates and his wife, Melinda, own 242,000-acres across the U.S., according to The Land Report.. Gates' farmland includes 69,071-acres in Louisiana, 47,927-acres in Arkansas, 25,750-acres in Arizona, and 20,588 in Nebraska, and property in 14 other states, the magazine reported. Climate Connection. Essentially, by year 2030, the estimated results of what carbon emissions (and their, Eradicate major diseases such as polio, malaria, and HIV, Reduce child death by half across the developing countries in Africa, Educate and empower small-holder farmers through mobile banking, Featured in the agricultural side of their plan is a strategy for. This material may not be reproduced without permission. These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. Louisiana is the top state. Featured in the agricultural side of their plan is a strategy for subsistence farmers and other small-acre farms in Africa and the developing world education, resources, and layaway payment plans which can be used through smartphones. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). The cost of chicken has also gone up, although not as drastically. 2,167 acres. Who is the largest landowner in the world? What does Weyerhaeuser have to do with Michigan? His . (here) (here). Are you ready for alternative proteins made from a volcanic microbe? (Read more about our partnership with Meta, which owns Facebook and Instagram.). In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. Some of the links on this site are affiliate links. Farmland as an investment offers low volatility. Who knows. Age Requirements Most ordinances require, Huckleberries are small bright blue, or dark blue, or black berries which grow wild near marshes in Michigan. 41 on The Land Report's 2022 list of Americans who own the most land. Over the last decade, Bill Gates has invested in multiple companies, including Beyond Meat and Impossible Foods, that develop plant-based meat alternatives. It has also funded myriad research facilities and humanitarian operations, focusing on overcoming diseases, climate change, agricultural research, and health and nutrition in underdeveloped areas. Egg prices havent come down with inflation. What Land Does Bill Gates Own In 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. It reported that as of 2022, Gates owned about 248,000 acres of farmland. Where farmland differs from other alt assets is that because its such a crucial human resource (food = humans), in less-than-desirable economic situations, farmland tends to appreciate even further in value, as opposed to losing value (I.E., during a dreaded stock market crash). Over time, Gates sold personal stock in Microsoft and. In April 2022, conspiracy theorists insinuated that billionaire Bill Gates was buying up "the majority" of American farmland as part of a diabolical plot to cause widespread food shortages. This isn't the first time Gates has called for higher taxes on the wealthy. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and vaccination enthusiast "has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18 states.". Why? Oct 22, 2014. According to a 2022 report from the U.S. Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the U.S. Gates owns roughly 242,000 acres, about 0.03% of the total. One main benefit to alt assets especially for those whore heavily invested in the stock market is you can diversify your overall investment portfolio outside the NYSE/NASDAQ. Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. Gates said during a Reddit AMA: My investment group chose to do this. Why doesnt everyone just invest in farmland then? Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years. Conservatives are vowing to never drink Heineken again after it was recently revealed that billionaire Bill Gates acquired a minority stake in the popular brewing company. Michigan. I have invested in these farms to make them more productive and create more jobs. To put that into perspective, if you put all of the land that Gates owns into one place (his holdings are spread throughout the country), you'd cover an area about a quarter the size of Rhode Island. 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. He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. Your membership is the foundation of our sustainability and resilience.

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