where is bill gates' farmland in michigan where is bill gates' farmland in michigan

Gates has a big vision for all that land, but unfortunately it doesn't involve organic, biodynamic or regenerative farming methods, which are needed to heal ecosystems and produce truly sustainable, nourishing food for future generations That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. This isn't the first time Gates has called for higher taxes on the wealthy. Just over 70% of these were owned by individual investors. Why? Today, Bill Gates owns 242,000 acres of farmland in 19 states. Not only was he no longer reliant on his own companys success for his own personal wealth, but he set himself up to make even bigger moves in the decades to come. According to lovemoney.com, the church owns more than 70 million hectares. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". North Dakota officials have questions and residents are furious about a major land grab by a trust linked to billionaire and anti-meat zealot Bill Gates, the nation's biggest owner of farmland. Gates' 242,000 acres amounts to about 0.03% of the total. What they are doing locking up land, not just private land, but in Wilderness Areas, National anything to do with land, Conservation programs that literally pay farmers, dairymen, etc. Heres why.," Jan. 10, 2023. 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. 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. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley. It is not connected to climate. Thats because the old adage goes: Buy landthey arent making it anymore. (Which volcanologists know isnt exactly true, but you get the idea). The billionaire is one of the founders of the Giving Pledge, which asks the world's wealthiest people to give away most of their fortunes to charitable causes. Click here to view current offerings on AcreTrader! Claims online that billionaire Microsoft co-founder Bill Gates owns the majority of U.S. farmland and that BlackRock, the worlds largest asset manager, owns the majority of U.S. single-family houses are factually inaccurate, according to industry data and spokespeople for Gates and BlackRock. The current chicken and egg shortages trace mainly to an avian flu outbreak in the U.S. that began in early 2022 and was exacerbated by holiday demand and supply chain problems, the Agriculture Department reported. As of the latest Rental Housing Finance Survey (2018), there were 19.955 million rental properties in the United States (bit.ly/3FdPtKZ), 17.16 million of them single unit rental properties (bit.ly/3KLCjWH). Their low fees and competitive returns set them apart from many of the other platforms out there. Since his divorce, it is unclear how the assets were split up between the couple. The major cash crops are field beans, sugar beets, corn and wheat. Nancy Pelosi (purchased) 10,000 shares of Amgen, manufacturer of Nplate, a drug used to treat radiation sickness.. In the wake of this uncertainty, unfounded rumors began to spread that attempted to lay the blame for any coming food shortages on nefarious forces. The counties with the most total acres of foreign-owned ag land are Keweenaw, Baraga and Alger. A spokesperson for Gates also told Reuters the claim that Gates owns the majority of U.S. farmland was false, pointing to the USDA figures. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states. What is the most profitable crop in Michigan? Microsoft founder and billionaire turned philanthropist Bill Gates recently laid the long-time conspiracy theory that he owns some 80% of all U.S. farmland to rest in . You either had to directly buy the land, pony up millions to participate in a fund or purchase farmland via a REIT. By divesting his personal wealth from his own thriving tech company, and diversifying into myriads of other non-tech based businesses, Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became. Supreme Court just voted to ban condoms., Says Ukrainian President Volodymyr Zelenskyy said he wants Americas sons and daughters to go die in Ukraine., In Ohio, there are 75,000 acres of farmland, fertile farmland, that are all now being poured down with acid rain., Muslims by the millions are converting to Christianity.. Chinas American agricultural land holdings have increased over tenfold in the last decade, and at the beginning of 2020, investments from China held $2 billion of American agricultural land. State law prohibits corporations, LLCs, and trusts from farming or ranching activities. The tweet had gathered over 215,000 likes at the time of writing. Benzinga does not provide investment advice. Document shows Rebekah Jones demonstrated a violation of Floridas Whistleblower Act. What Returns Should You Expect From Farmland Investing? You're looking into Bill Gates' Red River Trust purchase of . Gates does not own the majority of U.S. farmland. Gates owns less than 1% of the nations farmland. Gates personal farmland portfolio is managed by Michael Larson and Cascade Investment. When it comes to alternative assets, there are a few options investors can look at such as real estate, fine art, foreign stocks, cryptocurrencies, even NFTs (verdict still out on them). How long is it from Michigan to Detroit? Either that or I had a screw loose. The transitional land he owns in Arizona is reportedly being built into a suburb .. Sign up for notifications from Insider! One of the most prevalent claims related to Gates and the potential for food shortages is that the billionaire owns a suspicious amount of farmland in the United States. Conspiracy Theorists claimed last year that the Microsoft founder was buying up farmland in the U.S. to starve Americans for some unknown reason, Snopes said, after researchers said in April that the world was facing a potential food shortage due to Russias invasion of Ukraine. Oversight. As the Land Report notes, 24,800 acres of the land istransitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the mostpopulous city in Arizona. 20006, Florida The Gates Foundation has seen steady success and growth since their launch, funding science, research, agriculture and education. Michigan Muslim Group Warns State That LGBTQ Bill Might Be Unconstitutional CAIR has objected to the Michigan Senate's passage of an expanded version of a state human-rights law protecting LGBTQ . The Bill & Melinda Gates Foundation is focused partly on agricultural development to support farmers in sub-Saharan Africa and South Asia. Gates believes that subsistence farmers and impoverished peoples will be among the most affected by climate change. Reuters traced the figure cited by social media posts as the number of acres owned by Bill Gates to The Land Report, which reports on major land ownership in the United States. Check out:How To Invest In Real Estate With $100. Gates also owns land in Arizona (25,750 acres), Illinois (17,940),Mississippi (16,963),Washington (16,097), Florida (14,828), Idaho (9,233), Indiana (9,136), Ohio (8,915), California (4,509), Colorado (2,270), Michigan (2,167), Wisconsin (1,188), Wyoming (975), North Carolina (874), Iowa (552), and New Mexico (1). 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. It was a cold January day in 2021 when Eric O'Keefe, editor and founder of The Land Report, walked up to the podium at the Land Expo in Iowa and announced Bill Gates as America's largest individual farmland owner.He learned this after investigating Gates' purchase of the 100 . I have invested in these farms to make them more productive and create more jobs. Many people wonder why Bill Gates would make these moves with his investment portfolio. a Reddit user asked. While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. Who is the largest farmer in the United States? It is not connected to climate. Former Microsoft CEO Bill Gates owns a majority of America's farmland. One of the more colorful theories pertains to Gatess strange interest in U.S. agriculture, with rumors that the former Microsoft CEO owns upward of 80 percent of farmland in the United States. The 2,100 acre potato farm adds to his massive portfolio of farm investments. False. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Perhaps history is repeating itself? In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. Interestingly enough, though the Bill and Melinda Gates Foundation is working on this agriculture initiative. Trump killed them., The Kansas City Chiefs Super Bowl win has been put on hold as NFL plans to launch an investigation on possible (performance-enhancing drug) use by Patrick Mahomes during halftime.. The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. In fact, Gates is the owner of over. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. In Washington, the duo owns more than 14,000 acres of farmland that includes potato . 1995 - 2023 by Snopes Media Group Inc. Are you ready for alternative proteins made from a volcanic microbe? Northern Kansas land sale averages $3,500 per acre. 2,167 acres. For context, Invitation Homes and American Homes 4 Rents combined homes would be less than 1% of the 17.16 million homes, if total housing numbers stayed the same in the last three years. Any why now after years of massive success? RELATED: What Bill Gates has to do with livestock, lab-grown meat, RELATED: Eggflation? Satellites are on balloons and not in space.. In reality, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal. 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.. Why Is Bill Gates Buying So Much Farmland? Now Chinese companies and businessmen are planning to make their home in the United States. 2023 Benzinga.com. (AP). 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. Microsoft co-founder Bill Gates is America's top private farmland owner. He responded that it was a decision his investment group made. Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became the largest private foundation in history. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. He recently tried to explain why, and it was a little hard to follow. As reported by Bloomberg . Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions, such as the business purpose exception, so that we may close this case and file it in our inactive files, the letter added. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. Gear-obsessed editors choose every product we review. Gates and his investment team own more than 240,000 acres, as reported by OKeefe, including 2,167 acres in Michigan. But these companies do not own a majority of U.S. single-family homes. Check out current deals on AcreTrader now! Who owns the most farmland in the world? Follow him on Twitter@LucasNolanor contact via secure email at the addresslucasnolan@protonmail.com, EconomyPoliticsTechBill GatesFarmersfarmlandNorth Dakota. 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. 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. What does Weyerhaeuser have to do with Michigan? Gates' interest in farmland is still strong. As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. Talk about big bets. Why Bill Gates Is Investing In Chicken-Less Eggs, Memphis Meats raised $161 million to grow meat from cells, Bill Gates and Richard Branson backed a food startup which grows meat in labs, How Beyond Meat became a $550 million brand, winning over meat-eaters with a vegan burger that bleeds', Bill Gates headlines an all-star list of investors pumping $75 million into meatless burgers, How Impossible Burgers simple vision won hundreds of millions in funding and backing from Bill Gates. (here). Washington, DC Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. Gates' interest in farmland is still strong. Cascade Investment began purchasing farmland in significant strides in 2013. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Gates owns roughly 275,000 acres of farmland in the US, according to the 2022 edition of the Land Report 100, a yearly survey of the biggest landowners in the country. Stay up to date with what you want to know. 2022. The U.S. Federal Government. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is. In January 2021, Bill Gates became the largest owner of farmland in the United States. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. While Gates has spent billions investing in agricultural properties to make them more productive, a growing number of retail investors are getting a piece of the real estate market with as little as $100 through companies backed by high-profile investors like Jeff Bezos. NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money. 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. That purchase of Plum Creek makes Weyerhaeuser the largest private landowner in Michigan, as of now. Bill Gates investments in farmland can be seen as part of this trend. It's not part of his plans to save the planet. Essentially, by year 2030, the estimated results of what carbon emissions (and their effect on the environment) will look like in 2050 will be decided in full. In the past, Gates has invested in companies developing artificial or plant-based alternatives to meat, and he is currently the countrys largest private farmland owner, according to The Land Report, a magazine that surveys the countrys largest landowners annually. But there is no evidence these investments are linked to a nationwide shortage in chicken and egg products. The total portfolio of farmland is worth well over $700 million. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. Hint, It's Not Bill Gates, Bezos-Backed Startup Lets You Become A Landlord With $100, Try the tool that will help you invest smarter, faster, and better, Bill Gates Finally Explains Why He's Buying So Much U.S. We invest in the farms to raise productivity. Bill Gates buys farmland in Amish Country. 22. Sign up for notifications from Insider! 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. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . The Bureau of Labor Statistics latest update shows egg prices rose 60% over the last year. This is especially helpful if, say, the stock market crashed, and you had a more aggressive stock portfolio (or any large stake in stock at all). Our state produces about 75 percent of the nations tart cherry crop. These posts were flagged as part of Instagrams efforts to combat false news and misinformation. With the Washington state acreage and other recent additions to his portfolio,. 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. The Land Report found in 2021 that the Gateses had 242,000 acres of farmland, 1,234 acres of recreational land, and 25,750 acres of land in transition from farmland to residential and commercial use (think suburban development). Social media post scrambles the facts on high egg prices, Gateway Pundit, "Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage," Jan. 24, 2023, PolitiFact, "What Bill Gates has to do with livestock, lab-grown meat," May 18, 2020, PolitiFact, "Eggflation? Some are near cities and might end up having other uses.". These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. Bill Gates: Americas Top Farmland Owner | The Land Report. Bill GatesWith almost 269,000 acres, Bill Gates retained his ranking as Americas largest private farmland owner. In 2020, there were 166 such funds globally, nearly a 9x increase from only 19 in 2005. the Gates Foundation answers the top ten questions they received, and they admitted that they didnt think it was fair that their family had so much global influence. Gates is just using farmland to make Agri-Tech and financial investments. 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. Mr. Gates owns about 97,934 hectares, accounting for about 0.03% of . Who owns the most land in the world 2021? These claims are not true. This article Bill Gates Finally Explains Why He's Buying So Much U.S. While there are currently no nationwide food shortages in the United States, nor widespread disruptions in the supply chain, the potential of such shortages caused many people to feel that their food security was suddenly uncertain. Please let us know if you're having issues with commenting. While private companies and corporations are increasing . Amazon founder Jeff Bezos . ", Gates responded at the time, "My investment team bought the farmland. 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. 2021. However, when you read between the lines with an objective and open mind, one can infer much. Gates private office, Gates Ventures, told PolitiFact this claim is false. In January 2021, Bill Gates became the largest owner of farmland in the United States. 33701 Costs are expected to fall in the coming weeks as egg-laying flocks are restored. Recently, Bill Gates has purchased 300,000 acres of farmland, you would think that buying all of the farmland would be bigger news than Elon Musk buying all of Twitter (here). While private companies and corporations are increasing their ownership of U.S. homes, BlackRock, through its investments, does not own a majority of single-family homes. Over the last decade, Bill Gates has invested in multiple companies, including Beyond Meat and Impossible Foods, that develop plant-based meat alternatives. Bill Gates Uses Farmland as an Investment Outlet Buying up Potato, Carrot and Onion Farms. NBC News, https://www.nbcnews.com/tech/tech-news/mcdonald-s-french-fries-carrots-onions-all-foods-come-bill-n1270033. Gates also owned up to the various failures in their initiatives, and admitted that they try their best to leverage the expertise and wisdom from the community leaders present in the areas they aid. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. 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. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. While Microsoft took a major hit in the tech crash of 2000, Bill Gates portfolio with Cascade would gain around 40% return in that same year. (here) (here). Since its IPO in 1985, Microsoft has seen continual success. Neither of these are a perfect option. Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Roman Catholic Church: 70 million hectares The largest landowner in the world is not a major oil magnate or a real estate investor. 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. He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. Is Farmland Partners (FPI) A Good Investment? Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. In a world of wild talk and fake news, help us stand up for the facts. Read next:Bezos-Backed Startup Lets You Become A Landlord With $100. The billionaire philanthropist Bill Gates, America's largest farmland owner, apparently bought a potato farm in North Dakota, and local residents aren't too happy about it. The Land Reportmagazine 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. On social media, we found people claiming, for example, that Gates owns the "majority" of U.S. farmland -- 80%, they claimed -- and that Gates is trying to buy up "all" of the farmland. What Happened: Gates answered dozens of questions over the course of a few hours during the AMA, including: Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire?, He responded, I own less than 1/4000 of the farmland in the US. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. Who is the largest landowner in the world?