Larson also makes sure Gates keeps his eggs in a wide variety of baskets. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. Gates' interest in farmland is still strong. Of course, Bill Gates is one of the world's richest billionaires.Wealth-X, a global high net worth intelligence and data company, estimates his net worth to be at least $134.1 billion. A critical component in this effort must be to decarbonize the industrial sector, Gates said at the time. Why does Bill Gates now own more than 240,000 acres across the country? One answer might surprise you: While trying to track down who recently purchased 14,500 acres of choice farmland in Washington state's Columbia River Basin, researchers at The Land Report discovered the new owner was Microsoft co-founder Bill Gates. Were predicting a decline of 20 to 40 per cent in rainfall across West Africa, says David Sarfo Ameyaw of AGRA. APS ASSESSMENT: False. We've received your submission. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. Gates has been asked about his farmland purchases before. Now, its latest report says the scheme is achieving its aims. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. AGRA was established in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. BlackRock also suggested it was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation Homes. A new coalition of farmland owners, operators and environmental groups is working to come up with verifiable standards for sustainable farming. P4P aims to link the smallholder farmers explicitly into the process. A corporation or LLC found in violation of the law has up to a year to divest itself fromt he land or face a penalty up to $100,000, according to the letter. 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. has grabbed headlines in recent days, some prominent voices have taken to social media to claim that some other significant acquisitions by deep-pocketed individuals and corporations have largely flown under the radar. (Through a spokesperson, the company declined to comment for this article.). Some partners in the Arizona project issued a press release touting plans to build a forward-thinking community that embraces cutting-edge technology. There was talk of high-speed digital networks and autonomous logistics hubs. That was all it took for many in the media to conclude that Gates was personally engineering the city of the future. Gates has invested in Impossible Foods and Beyond Meat, two companies producing beef substitutes, including the Impossible Burger. Gates has been buying land like it's going out of style. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. A 2014 Wall Street Journal profile of Larson, Cascade's chief investment officer, hinted at the beginning of that portfolio, after the piece noted that the firm owns 'at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana and other states or an area seven times bigger than Manhattan.'. The Microsoft co-founder is considered the largest private owner of farmland in the country with some 269,000 acres across dozens of states, according to last years edition of. As of 2019, around 40 percent of American farmland is rented to tenants, who then operate on it. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. Over the past three years she has trebled her farms output and increased her income 15-fold (see A life transformed). Bill Gates and conspiracy theories go together like peanut butter and jelly. The project isnt yet funded. The threat of climate change means smallholders must keep adapting if they are to survive and prosper, says Guei. Groups of 15 to 25 smallholders are also being encouraged to form collectives. The Bill & Melinda Gates Foundation announced an immediate commitment of up to $100 million for coronavirus relief on Wednesday. The region west of Phoenix is booming. "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?" The dealers also supply the seeds for legumes like soybeans and pigeon peas, which make their own fertiliser from nitrogen in the air, via bacteria in their root nodules. The family's 1.7 million acres of land are primarily spread across Washington, Oregon, and California. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. the Land Report published. 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 Dr. Alan Busacca, professor emeritus at Washington State University, told Land Report at the time that the fertile land in the area was used for growing 'apples, cherries, carrots, dryland and irrigated wheat, and row and field crops'. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Late last year, Eric OKeefe was researching a mysterious recent purchase of 14,500 acres of prime Washington state farmland. In six years that number has more than doubled. North Dakota Farmland Purchase. Although Gates owns these farms, he isnt changing their practices. According to press reports, Gates farmland empire is mostly managed by a Cascade subsidiary called Cottonwood Ag Management. 4. The same logic likely holds for Gates Arizona acquisitions. The nearby community of Buckeye has grown more than tenfold in the last 20 years. Gates owns a 4.5 acre ranch in Wellington, Florida. Left to die alone like an animal: Parents who left 23-stone disabled daughter to die in her own filth are Holiday home owners in Scotland face new SNP tax hike under plans from front-runner to be new First Scotland should just self-identify as an independent country, one SNP member proposed. 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. Follow Technocrats.newsfor more news and information related to Bill Gates and other big tech personalities. The arrangement is simple, The Wall Street Journal wrote in a 2014 profile. The Land Report reference came out in winter 2021, after which controversies circulated about Gates' accumulation of American farmland. Renmatix has developed a process that converts plant waste and biomass into sugars that can be converted into biofuels and bio versions of chemicals.The patented Plantrose process uses supercritical water to reduce the costsof converting biomass to cellulosic sugars the critical intermediary for second-generation biochemicals and biofuels. Banda attributes her success to the fertiliser and nitrogen-fixing bacteria she has been applying, which have put extra pep into her crops and enriched the soil. Amazing, if truebut its extremely not. But, while Belmont might not be a smart city, it still looks like a smart investment. Gates is also number 49 on a list of individuals, families, and businesses who own farmland in the states. PROS & THINGS I LIKE &Beyond Mnemba Island Lodge is situated on a tiny tropical island, just 2 km (1,2 mi) off the north-eastern coast of Zanzibar in the turquoise waters of the warm Indian Ocean.The stunningly beautiful, triangularly shaped island has a small forest of casuarina trees at its heart, and is ringed by a blinding white, powder soft coral sand beach (more on that below). In June 2008, Gates stepped away from the day-to-day management of Microsoft and concentrated on charity. Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. They bought and later sold an additional 6,000 acres in Georgia, NBC News found. Gates and his wife own 269,000 acres of farmland. Newsweek called him a sustainable agriculture champion., Those stories dovetailed with earlier reports about Gates large land acquisitions in Arizona. This is part of a broader 269,000-acre land portfolio belonging to the couple and associated entities across 19 states, with the largest holdings in Louisiana (69,071 acres), Arkansas (47,927 acres) and Arizona (25,750 acres). 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. From these initial three countries, the programme has expanded to 18. It was the highest priced land sale in the US that year. Bill Gates is one of the richest men in the world, but his wealth pales in comparison to that of other billionaires. The Microsoft cofounder and philanthropist Bill Gates owns 242,000 acres of farmland in the US, making him the largest private-farmland owner, an analysis by The Land Report found in January. In total he owns 268,984 acres of land of all types in 19 states, including a suburb up for development - as a so-called 'smart city' - outside Phoenix, Arizona. Mr. The same Gates Foundation which is behind every aspect of the COVID-19 pandemic from financing much of the WHO budget, to investing in favored vaccine-makers like Moderna, is engaged in a major project in Africa which is destroying traditional small farmer production of essential food crops in favor of monoculture crops and introduction of expensive chemical fertilizers and GMO seeds that are . The AGRA project is the most concerted effort yet to fix the problem. than 85 million single-family homes in the country, and only around 15 million of those are rentals, Of those rentals, less than a third are owned by non-individual investors, according to. Bill Gates' Mega House - $154 Million. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. Slectionnez Grer les paramtres pour grer vos prfrences. Microsoft co-founder Bill Gates finally revealed the reasons behind his massive purchase of farmland: seed science and biofuel development. For investors who know what theyre doing, agricultural land offers financial stability in uncertain times. Much of Turner's land is used as grazing land for over 50,000 head of buffalo the largest private herd of bison in the world. Reed family: Land area: 1.7 million acres. . ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . Access your favorite topics in a personalized feed while you're on the go. And it tends to be negatively correlated against other investments, he adds: If the stock market is going down, the return on farmland is likely to be going up. He now owns more farmland than my entire Native American nation Jumbuck Pastoral Company is owned by the MacLachlan family. Gates, the billionaire tech mogul and philanthropist whose net worth was pegged by Bloomberg at $113 billion, has quietly amassed nearly 270,000 acres of farmland across the country, according to the Associated Press. This is part of APs effort to address widely shared misinformation, including work with outside companies and organizations to add factual context to misleading content that is circulating online. NY Post Gates is said to own nearly 270,000 acres of farmland nationwide. But many farmers lease at least some of the land they cultivate. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. Bill Gates helped usher in the digital revolution at Microsoft, and has spent the decades since exploring - and investing in - innovative solutions to some of the world's toughest problems . Africas farmers have a lot of problems, but one of the biggest is poor soil. Gates,in an Ask Me Anything sessionon Redditlast year, said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. It is unclear why Gates, better known as a self-confessed computing 'nerd', has invested in farmland so heavily, and details of the land are scarce,as revealed in The Land Report. That makes January 13, 2000, a key date in "Bill Gates history," because it's the day he stepped down as CEO of Microsoft and began to devote himself to becoming one of the world's most-celebrated . In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. The Gates Foundation's trust invests in the same companies it serves through its development programs, including Monsanto, BASF, Coca Cola, PepsiCo, Unilever, and many others. In 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify their property portfolio. Another notable acquisition was Cascade's $170 million purchase of 14,500 acres of farmland in Washington state from John Hancock Life Insurance in 2018. Today, the Belmont tract remains mostly empty desert. ', In 2008, The Bill & Melinda Gates Foundation announced $306 million in grants designed to boost the yields and incomes of millions of small farmers in Africa as well as 'other parts of the developing world so they can lift themselves and their families out of hunger and poverty.'. Hes the largest landowner in the United States. But a Gates spokesperson said in a statement on Friday that the claim that hes bought the majority of the nations farmland is false, pointing to a U.S. Department of Agriculture report from February that showed there were more than 895 million total acres of farmland in the country last year. It aims to help poor farmers, especially in Africa and South Asia, get the tools, technologies, and resources they need to lift themselves out of poverty. If each acre can produce more food, thats good news for farmers. Red River Trust filed paperwork with the office of the secretary of state of North Dakota on Feb. 15 of this year. It was previously owned by Agriculture Company of America, a real estate investment trust acquired by CPPIB in 2013. If the nations largest farmland owner can show that farming can be both sustainable and profitable, that will make a big difference. Bill Gates has started laying out his plans for creating a smart city in Phoenix, Arizona, science-news outlet Futurism wrote. The trust and Headley were given 30 days to respond to the letter. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. People are going to pay attention to what Bill is doing, Sherrick says. Stan Kroenke: Land area: 1.4 million acres. This was also invaluable. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. In total, Mr Gates and his wife Melinda own 269,000 acres of land across 19 states, including 69,071 acres in Louisiana and 47,927 acres in Arkansas. One of the consequences of farm operators not actually owning their land is figuring out where farm subsidy money goes; much of it trickles to the actual owner of the land, who may just be treating farmland as a basic real estate investment. That means Gates, whose net worth is estimated at some $134 billion according to Forbes annual ranking of the richest people in the country, owns less than one percent of the nations total farmland. This article will go into detail about how much land Bill Gates owns and why he owns so much. By clicking Sign up, you agree to receive marketing emails from Insider It has become a marquee brand in one of the hottest sectors of the food business. The 65-year-old's largest holdings include 69,071 acres in Louisiana, 47,927 acres in Arkansas,25,750 acres in Arizona, 20,588 acres in Nebraska and16,097 in Washington state. Public records cited by AgWeek show that the Gates-linked Red River Trust bought the farmland from the owners of Campbell Farms, a potato farming group that is headquartered in Grafton, North Dakota, which is about 50 miles from the Canadian border. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. For five generations, the Reed Family has owned and operated the logging company Green Diamond Resource Co. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. The agriculture sector is important, he wrote. Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more. Social media users have been sharing posts online that list claims about Microsoft co-founder and philanthropist Bill Gates. . En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. Kroenke is married to Ann Walkton Kroenke, an heiress to the Wal-Mart fortune. 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. 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