Benzinga does not provide investment advice. These claims are not true. Farmland REITs have a high degree of correlation with the overall stock market, and returns tend to be lower than less liquid farmland investments. Zu den grten Gates-Unternehmen zhlen etwa Betriebe mit 27.952 Hektar in Louisiana, 19.395 Hektar in Arkansas, 10.420 Hektar in Arizona, 8.331 Hektar in Nebraska und 6.514 Hektar im Bundesstaat. He had accumulated more than 269,000 acres of farmland across 18 states in less than a decade. While much of this land was transferred to the new state of Hawaii in 1959, the federal government did keep some. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. 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. Amazon founder Jeff Bezos . Since it works as an investment for him, it also includes the benefits of using land as an . As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. 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. 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.. 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. Bill Gates and conspiracy theories go together like peanut butter and jelly. 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). His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). This isn't the first time Gates has called for higher taxes on the wealthy. The buyer, Red River Trust, is tied to Bill Gates, the largest farmland owner in the US. This informational is by no means a promotion, solicitation, or recommendation of any specific investment. Hes also written about the need for more ways to produce meat without depleting environmental resources. . Infected flocks are culled to prevent the flu from spreading. As reported by Bloomberg . While BlackRock does not directly own single-family houses, as the worlds largest asset manager (here), it owns stock in companies that do. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . 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. However, there are also countless farmland investing platforms gaining traction now too. No, its the Roman Catholic Church. The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. With all of this recent farmland accumulation, one might think Gates is using this land to research these gene edited super seeds. This material may not be reproduced without permission. This is a sponsored promotion for the AcreTrader platform. Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. His . In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. "In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. Their low fees and competitive returns set them apart from many of the other platforms out there. Corn production is concentrated in the Lower Peninsula with Saginaw and Lenawee counties as Michigans largest producers. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. 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. Gates is just using farmland to make Agri-Tech and financial investments. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. .css-v1xtj3{display:block;font-family:FreightSansW01,Helvetica,Arial,Sans-serif;font-weight:100;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-v1xtj3:hover{color:link-hover;}}@media(max-width: 48rem){.css-v1xtj3{font-size:1.1387rem;line-height:1.2;margin-bottom:1rem;margin-top:0.625rem;}}@media(min-width: 40.625rem){.css-v1xtj3{line-height:1.2;}}@media(min-width: 48rem){.css-v1xtj3{font-size:1.18581rem;line-height:1.2;margin-bottom:0.5rem;margin-top:0rem;}}@media(min-width: 64rem){.css-v1xtj3{font-size:1.23488rem;line-height:1.2;margin-top:0.9375rem;}}60 Scientists Are Trying to Block the Sun, Particle Accelerator Reveals Beginning of Time, Earth's Inner Core Has Another Inner Core, 8 Questions About Turkey With an Earthquake Expert, Conspiracy: Blaming Weather Weapons for Earthquake, Scientists Just Discovered a Literal Hell, How the NFL Grew the Field for Super Bowl LVII, The Doomsday Clock Is at 90 Seconds to Midnight, Uh, Earth's Inner Core Just Stopped Spinning, Supercomputer: 27% of Earth's Life Dead by 2100, 20 Weird Facts About Our Lovable Planet Earth. The agriculture sector is important," Gates wrote. Gates and his wife own 269,000 acres of farmland. How old do you have to be to strip? LIVE OAK, Fla. -- The investment company that manages the wealth of the world's richest man, Bill Gates, has been acquiring gobs of farmland in north Florida the past two years . 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. "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?" How Long Can You Be Held Without Bond In Michigan? Gates-affiliated ownership covers vast swaths of farm and timberland, estimated to be 69,071 acres in all by niche land ownership publication The Land Report. As of 2022, he owned 248,000 acres of farmland across more than a dozen states, but this accounts for less than 1% of the total farmland in the U.S. So while Dan Gilbert owns the most property downtown, his 30-odd buildings seem small compared to what Kelly, Tatarian, Moroun, and others own. American Homes 4 Rent holds around 57,024 single-family properties (here). Youre not investing in a building that will decay over time, but the rich farmland itself. News reports from the last several years suggest that Gates has at different times invested in start-ups focused on developing artificial or plant-based alternatives to meat, such as Natures Fynd, Hampton Creek, Memphis Meats, Beyond Meat and Impossible Foods. During his 11th appearance in the "Ask Me Anything" . Costs are expected to fall in the coming weeks as egg-laying flocks are restored. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. Other factors are pandemic-related supply chain issues andholiday demand. The figure cited by The Land Report was subsequently reported by major news outlets including Business Insider and Forbes (here), (here). "Those people are upset, but there are others that are just livid about this.". The tweet had gathered over 215,000 likes at the time of writing. Using those figures, Gates would own about 0.027% of U.S. farmland. It is not connected to climate. 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. Chicken nuggets and cream cheese grow in trays in a South Side lab. He has invested in multiple companies developing artificial or plant-based alternatives to meat, but he supports chicken farming and agricultural development. Egg prices havent come down with inflation. Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. 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. While private companies and corporations are increasing . Pregnancy tests include a hidden Plan B pill. The Bill & Melinda Gates Foundation is focused partly on agricultural development to support farmers in sub-Saharan Africa and South Asia. "It is not connected to climate. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.". By 2019, the USDA says foreign ownership of U.S. acres exceeded 35.2 million acres, a 60 percent increase from the decade prior. Investors from the Netherlands own 33% of that land with Canadians owning 25%. 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. As more investors look to buy land, those who got in earlier are poised to benefit from the appreciation of the land value. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. Who owns the most farm ground in the US? 20006, Florida Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. 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. In the same way you can invest into ETFs (Exchange Traded Funds) in the stock market, there exist similar products for farmland called farmland REITs. For now, Gatess ever-expanding farmland ownership is really just rich guy doing rich guy things, and while concerning in a late-stage capitalism sort of way, it isnt as cartoonishly nefarious as some conspiratorial corners of the internet want to believe. 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.. Then, on Tuesday, the North Dakota attorney general's office sent a letter to the Red River Trust notifying a trustee, Peter Headley, of a Depression-era rule barring companies, LLCs, and trusts from farming and ranching activities in the state. spanish flu survivor quotes, , did the bangles play their own instruments,