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

Gates does not own anywhere close to the majority of America's farmland. 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. The U.S. Federal Government. Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. He recently tried to explain why, and it was a little hard to follow. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.". 41 on The Land Report's 2022 list of Americans who own the most land. Read also:Which Billionaire Owns The Most Land In The U.S.? Amazon founder Jeff Bezos . 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. 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. 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 his 11th appearance in an Ask Me Anything (AMA) session on Reddit. These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. According to the Tri-City Herald, a 14,500-acre swath of choice eastern Washington farmland in the Horse Heaven Hills of Benton County had just traded hands for almost $171 million. Bill Gates is buying up the majority of American farmland and BlackRock is buying the majority of single-family houses but I'm supposed to believe the biggest threat to us is Elon Musk buying Twitter? one Twitter user wrote (here). The major cash crops are field beans, sugar beets, corn and wheat. 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. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. 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. Estes, Nick. 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. (AP). Bill Gates Is the Biggest Private Owner of Farmland in the United States. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. 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 just bought 2,100 acres of farmland in North Dakota, adding to the 270,000 acres he inexplicably owns throughout the US China also just bought 300 acres there, adding to the 192,000 . 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. This isn't the first time Gates has called for higher taxes on the wealthy. The Agriculture Department has said the avian flu outbreak in the U.S. is the main contributor to low inventory and high prices. Gates started purchasing farmland circa 2013 through his investment group, Cascade Investments. Bill and Melinda released their latest initiative, Bill Gates Big Bet, where the Foundation states theyre betting on the major success of developing nations within the next 15 years, hoping to see more improvement than at any time in history. 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. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. Bill Gates, the billionaire founder of Microsoft, has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18-states. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Microsoft co-founder Bill Gates is America's top private farmland owner. Social media post scrambles the facts on high egg prices, Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage, Bill Gates is About to Change the Way America Farms, What the plow and lab-grown meat tell us about innovation, Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022, 2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks, Bill Gates owns a lot of American farmland, but not the majority, The controversy over Bill Gates becoming the largest private farmland owner in the US, McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland, Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses, Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future, Bill Gates bets on growing demand for sustainable foods, Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. In 2018, Michigan produced 297 million bushels of corn grain, worth $1 billion. Bill Gates 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 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). During his 11th appearance in the "Ask Me Anything" . Perhaps history is repeating itself? 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. Age Requirements Most ordinances require, Huckleberries are small bright blue, or dark blue, or black berries which grow wild near marshes in Michigan. Since 2020, Gates has held the title of the nations largest private farmland owner, per The Land Report. 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. The old saying about land is they aren't making any more of it. Supply and demand? Why am I just learning about this NOW?. What Asset Class Is Farmland Considered To Be? The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. The North Dakota attorney general's office recently inquired into a 2,100-acre farmland purchase by Red River Trust, an entity affiliated with Bill Gates. In 2020, there were 166 such funds globally, nearly a 9x increase from only 19 in 2005. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. Conspiracy theorists claimed last year that the Microsoft founder was buying up farmland in the U.S. in order to starve Americans for an unknown reason, Snopes said, after researchers said in. The 2,100 acre potato farm adds to his massive portfolio of farm investments. He has invested in multiple companies developing artificial or plant-based alternatives to meat, but he supports chicken farming and agricultural development. However, Microsoft wasn't Bill Gates' only successful venture. It reported that as of 2022, Gates owned about 248,000 acres of farmland. Their low fees and competitive returns set them apart from many of the other platforms out there. Invitation Homes, for example, has approximately 80,000 homes for lease across the country and is the largest landlord for single-family homes in the United States (here) (here). (Read more about our partnership with Meta, which owns Facebook and Instagram.). 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. (here). By clicking Sign up, you agree to receive marketing emails from Insider 2022. In January 2021, Bill Gates became the largest owner of farmland in the United States. Although nowhere near 80 percent of U.S. farmland, its still a little more than one-third of the state of Rhode Island, a surprising amount for one person and enough to make Gates the largest landowner in the U.S. 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. 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. Returns from farmland have actually outpaced the stock market in recent years with significantly less volatility. 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. Chicken nuggets and cream cheese grow in trays in a South Side lab. How much land does Russia own in the United States? NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money. 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). 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