bill gates land ownership map

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. Bill Gates had managed to purchase nearly 269,000 acres of land in more than 12 states in the US. Our era is dominated by the ultra-rich, the climate crisis and a burgeoning green capitalism. The principal danger of private farmland owners like Bill Gates is not their professed support of sustainable agriculture often found in philanthropic work its the monopolistic role they play in determining our food systems and land use patterns. Bill and Melinda have diversified their portfolioworth more than $130 billionfor years, and one of their favorite investments is real estate. According to the Land Report 100 Research Team, that figure is currently more than twice that amount, which means Bill Gates, cofounder of Microsoft, has an alter ego: Farmer Bill, the guy who owns more farmland than anyone else in America. The Case for Bill Gates: Microsoft Corp co-founder is largely considered the biggest private owner of farmland in the U.S. with nearly 270,000 acres. THE FACTS: As Elon Musks bid to purchase Twitter 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. According to Forbes, the worlds billionaires saw their wealth swell by $1.9tn in 2020, while more than 22 million US workers (mostly women) lost their jobs. This site also participates in other affiliate programs including but not limited to ShareASale, CJ, and ClickBank, and is compensated for referring traffic and business to these companies. Additionally, through his personal investment firm, Cascade, Bill Gates owns approximately half of the Four Season Holdings' hotel chain. It makes no sense.. When Bill Gates, or whatever other investment arm owns the land, a farmer still needs to farm it. Every Property Bill and Melinda Gates Owned Together | RISMedia\'s That's basically the motivation there. Bill Gates, one of the most powerful billionaires in the world and co-founder of tech giant Microsoft, and wife Melinda are ending their 27-year marriage, the two tweeted in unison on Monday. Though the Gateses are major owners of American farmland, the couples holdings only represent a fraction of the 283 million acres of farmland that is owned and rented out by nonfarmers. 2021 Land Report: Who owns the most land in the United States? That doesnt mean that every piece of land is a good investment, but a significant amount of land will offer a high return on investment. The Gates Rancho Santa Fe estate was purchased in 2014 because of its horse stables and proximity to a local race horse track. Microsoft co-founder Bill Gates finally revealed the reasons behind his massive purchase of farmland: seed science and biofuel development. Where Does Bill Gates Own Farmland in the US. While he owns nearly half of the Four Season Holding's hotel chain through Cascade, he also has partial ownership of Charles Hotel in Cambridge, Massachusetts. NBC News also found that another 6,500 acres in north Florida are owned by yet another company, Suwannee River Terra, which was also started with an address in Kirkland and an email address from the Bill and Melinda Gates Investment Firm, which is now registered to the current chief counsel of Oak River Farms with a mailing address in Kansas, according to property records. Inside Bill Gates' $80BILLION property empire - The US Sun Bill Gates was quietly becoming the biggest private owner of farmland in the United States. Gates portfolio comprises about 242,000 acres of farmland and nearly 27,000 acres of other land across 19 states, according to The Land Report, a magazine for land investors that tracks the nations biggest landowners. But Gates, known for his philanthropic work solving some of the worlds most pressing public health and climate problems, has suggested that he does not treat his American farmland investments as part of his broader plans to save the planet. Why is Bill Gates buying up US farmland? - DW - 04/09/2021 The biggest shift in recent years from small to big farms was in the US. The biggest chunks of Gates holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlets research found. Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. A hint at Gates huge farm holdings emerged in a 2014 Wall Street Journal profile of Michael Larson, the money manager who serves as Cascades chief investment officer. While most people do not have the ability to buy hundreds of thousands of acres of farmland like Bill Gates, anybody can look at land as an investment opportunity to take advantage of. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 . Right? With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. The outlet reported this week that Gates, 65, owns 268,984 acres of. Gates . According to the Tri-City Herald, 14,500 acres of Eastern Washington farmland was recently sold to the couple for almost $171 millionthats nearly $12,000 an acre. Bill Gates' Land Ownership. 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. You can also look at local resources in your area to see where land is being bought or sold. This way, the land will remain productive and healthy, while also becoming a money-driving investment. by Harvard Universitys Joint Center for Housing Studies. When fully developed the area could be home to 200,000 residents and be similar in size to the Phoenix suburb of Tempe, The Land Report said. America's leading landowners added hundreds of thousands of acres to their holdings last year. Several Properties in Wellington, Florida: $27.2 Million (Total). Through his subsidiary Mt. They own the soil where the potatoes in McDonald's french fries grow, the carrots from the world's largest . Lots of articles on this are full of "4D chess" speculations about climate change blah blah, but the real reason for this seems to be very simple: "just to collect rent." FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. They bought and later sold an additional 6,000 acres in Georgia, NBC News found. Behind Gates in terms of investment in farmland are the cofounders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres. Much of Turner's land is used as grazing land for over 50,000 head of buffalo . Bill Gates is now the largest private landowner in the country. BlackRock, meanwhile, is also not the owner of the majority of single family houses in the country. 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. You can also fill out the contact form below if you are interested in buying or selling land. America's Biggest Owner Of Farmland Is Now Bill Gates - Forbes Bill Gates owns a lot of American farmland, but not the majority By PHILIP MARCELO May 2, 2022 CLAIM: Microsoft co-founder Bill Gates owns the majority of America's farmland and the investment firm BlackRock holds the majority of single family houses in the country. The Emmerson family owns and operates Sierra Pacific Industries, a company that logs usable lumber after forest fires and sells it to lumber retailers. That makes Invitation Homes the largest operator of single-family rental homes in the country, but still represents a tiny fraction of all such homes. 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 Repor t. Across the nation, Gates'. The agency further found that over 50 percent of cropland is rented to farmers who dont own their land. While land is a limited resource, there is still less competition for raw land than there is with residential and commercial real estate. For Indigenous caretakers, land use isnt premised on a return of investments; its about maintaining the land for the next generation, meeting the needs of the present, and a respect for the diversity of life. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. And that its going to take big swaths of land, like what Bill Gates has taken, to do that, said Konda Mason, the founder and president of Jubilee Justice and Potlikker Capital, which funds and supports regenerative agriculture projects owned by people of color. Farmers just aren't owning the assets anymore. Which is where the Bill Gates' Land Ownership interactive map comes in. If youre looking at what this means for farmers on the ground looking to access land, theres significant competition from nonfarmers, and that really affects young farmers because it means that the price that theyre trying to compete with on the marketplace is driven and determined by people who are not dependent on a farming income, Rippon-Butler said. These land holdings are separate from their previous investments in companies that support large-scale farming like Monsanto and the tractor manufacturer John Deere. Many people wonder why Bill Gates would make these moves with his investment portfolio. Bill Gates tells Reddit why he's bought so much farmland - AFN They said farmland has been a popular investment for a long time because of its stability. That makes Invitation Homes the, largest operator of single-family rental homes in the country, but still represents, BlackRock also suggested it was being confused for the similarly-named i. nvestment management firm Blackstone, which until recently owned Invitation Homes. Buffalo Bill Cody's Ranch in Cody, Wyoming: Undisclosed Sale Price (Listed for $8.9 Million). He is the author of the book Our History Is the Future: Standing Rock Versus the Dakota Access Pipeline, and the Long Tradition of Indigenous Resistance (Verso, 2019), In a pandemic, billionaires are richer than ever. Bill Gates Becomes the Largest Farmland Owner in the United - Peoplemag The report on US Land Ownership ("Land Ownership Report" / 1-21-22) indicates that Bill Gates, the founder of Microsoft and holder of 45% of its shares, is the main owner of North American land, owner of an area of more than 250,000 acres (101,171.4 hectares) deployed throughout the immense US territory, the fourth in the world in order of . In fact, he owns some of the land that produces potatoes used to make McDondalds french fries. You can email us at contact@askbamland.com. The family's 1.7 million acres of land are primarily spread across Washington, Oregon, and California. When Quarterman first heard about Gates firm buying land in the area, he began digging through local property records, linking addresses and business records from registered owners to Kirkland-based companies, until he was able to piece together that the companies buying multiple tracts of land in the Suwannee River Basin were all a shell of a shell of a shell company investing for Bill Gates. NBC News independently confirmed that there were, in fact, shell companies tracing back to Gates firm that purchased 6,021 acres across four counties in Georgia. Bill and Melinda Gates own 70,000 acres of Louisiana farmland - NOLA Raw land is not developed. He owns significantly more farmland than Minnesota's Offutt family and California's Resnick family, which each own 190,000 acres and rank second equal on the list. Gates diversified his investment portfolio through land ownership, but why? 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. The six-bed Del Mar home, which boasts a ten-person jacuzzi and swimming pool overlooking the ocean, was bought by the couple in late Marchas the international coronavirus pandemic began to take hold. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . Bill Gates is betting big on US farmland - should you? Bill Gates has invested in various high-profile commercial properties through his personal investment company, Cascade. from February that showed there were more than 895 million total acres of farmland in the country last year. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found.His 242,000 acres of farmland stretch across 18 states Bill Gates owns farmland in 18 states . In addition, the land is audited to meet sustainability standards including soil health and water management. 4. Bill Gates owns a lot of American farmland, but not the majority Besides the enrollment of their landholdings in Leading Harvest, the Gates Foundation in 2020 also created an agricultural nonprofit, Gates Ag One, which focuses on bringing affordable solutions to small-scale farmers in sub-Saharan Africa and South Asia to improve crop productivity. In fact, this also means that you may not even have to apply for a loan to start the investment! Bill Gates has never been a farmer. 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. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. It can be sold as a property (or multiple properties), it can be used to produce things that people buy, or it can be rented out, like much of the farmland in the United States. Nick Estes is a citizen of the Lower Brule Sioux Tribe. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. This will always be true, no matter where the land is. The billionaire Microsoft co-founder has become the largest owner of farmland in the United States by quietly buying up massive plots across the county, a new report says. For five generations, the Reed Family has owned and operated the logging company Green Diamond Resource Co. These shell companies have made it difficult to find out where and how much farmland the Gateses own even for local farmers, like John S. Quarterman, a farmer and landowner who grows okra, corn, squash and other vegetables in Lowndes County on the southern edge of Georgia. 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'. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. In May, Bill Gates also transferred about $850 million in shares of the agricultural machinery company John Deere to his wife after the two shared publicly their plans to divorce. The 14,000 acres in Washington is used for potatoes and in Florida the land is used for carrots. (Matt Odom / for NBC News), Image: John Quarterman (Matt Odom / for NBC News), Image: Philanthropist and co-founder of Microsoft, Bill Gates and his wife Melinda listen to the speech by French President Francois Hollande, prior to being awarded Commanders of the Legion of Honor at the Elysee Palace in Paris (Kamil Zihnioglu / Pool via Reuters), American businessman and philanthropist (born 1955). Gates' purchase averaged $12,000 per acre. U.S. Census Bureau data shows fewer than 20% of such properties are rentals, and the vast majority of those are owned by individual investors, not institutional investors like BlackRock. Arable land is not just profitable. He is also the chairman and largest stakeholder of Liberty Media, possessing 28% of Discovery Communications, which was acquired by Scripps Network for $14.6billion. His firms largest farmland acquisition happened in 2017, when it acquired 61 farming properties from a Canadian investment firm to the tune of $500m. Bill Gates now owns almost 242,000 acres of the continguous USA. If the land is owned by the Cascade Investment Group or Cottonwood Ag Management it is likely that Bill Gates may be one of your neighbors. Learn more about fact-checking at AP. The billionaire Microsoft co-founder has become the largest owner of farmland in the. With the Washington state acreage and other additions to his portfolio, The Land Report estimates that Gates now owns at least 242,000 acres of American farmland. Gates and his wife own 269,000 acres of farmland. The tech mogul, who is the. In enrolling in Leading Harvest, Cascade has implemented new initiatives on its farmland holdings ranging from adding additional pollinator habitat in Nebraska to planting wildlife-friendly trees on dry pivot corners in Florida to hosting grain bin safety rescue training for the local community in Louisiana to converting numerous diesel power units to electric to reduce carbon output, to name a few, Zheren said. In total, Gates owns approximately 242,000 acres of farmland with assets totaling more than $690m. As more and more land becomes developed, less and less raw land is available, which potentially increases the value as demand remains the same or even increases. Bruere said some states such as Iowa enforce foreign ownership restrictions to prohibit foreign ownership or limit . But Zehren of Cascade noted that the firm has been working in Florida and elsewhere to promote ecologically conscious agriculture and that it plans to continue to evaluate its farmland portfolio to improve its overall sustainability. When pressed during a book discussion on Reddit about why hes gobbling up so much farmland, Gates claimed, It is not connected to climate [change]. The decision, he said, came from his investment group. Cascade Investment, the firm making these acquisitions, is controlled by Gates. BlackRock also does not own the majority of the countrys 80 million single-family homes. It may even be easier to sell smaller lots than it would be to market the entire portion of land that you invest in. In six years that number has more than doubled. Can You Build A Wedding Venue On Residential Land? But, As of February 2021, Gates has made headlines across the wor. If you are unsure where to start, you can also check country tax sales. In every state where the Gateses own land, a tangled web of locally registered limited liability companies follow. Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. Dailymail.com Reporter, Meet John Malone of Liberty Global the Darth Vader of Wall Street and the man who wants a slice of Formula One, Bill Gates is accused of hypocrisy after joining bidding war to buy the world's largest private jet operator - one month before he releases his book preaching about climate change, Isabel Oakeshott receives 'menacing' message from Matt Hancock, Insane moment river of rocks falls onto Malibu Canyon in CA, Mom who lost both sons to fentanyl blasts laughing Biden, Pavement where disabled woman gestured at cyclist before fatal crash, Pro-Ukrainian drone lands on Russian spy planes exposing location, 'Buster is next!' Can you imagine having that much property? CLAIM: Microsoft co-founder Bill Gates owns the majority of Americas farmland and the investment firm BlackRock holds the majority of single family houses in the country. This means that you can find good deals that may be just the thing you are looking for. BILL Gates' $80billion property empire now hangs in the balance after he and his wife of 27 years announced they are divorcing. According to landreport.com, the Gates family has a total of 242,000 in farmland acreage in the United States. This number stems from last year's edition of . His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). Those animals, which are sacred to my people and were nearly hunted to extinction by settlers, are preserved today on nearly 200,000 acres of Turners ranchland within the boundaries of the 1868 Fort Laramie Treaty territory in the western half of what is now the state of South Dakota, land that was once guaranteed by the US government to be a permanent home for Lakota people. It also allows you to keep a portion of the land for personal use so you do not have to give up your weekend home or relaxation property. 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 the Land Report 100, an annual survey of the nations largest landowners. Bill Gates' North Dakota Land Purchase Sparks Questions Online - Newsweek Theres a more cynical calculation. Ag Briefs: Bill Gates top private farmland owner in U.S. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. But farmer advocates say the Gateses large-scale farm purchases dont make room for smaller farmers to break into the market. Fact Check-Bill Gates doesn't own most U.S. farmland - Reuters Bill Gates uses farmland as investment vehicle, owning 269,000 acres of land. But they're just renting it. 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. 2023 NYP Holdings, Inc. All Rights Reserved, BillGatesbuys nearly $1B Heineken stake despite not being a big beer drinker, Bill Gates daughter living in $51M NYC home as she welcomes first baby, Elites want to use AI to censor political opponents, Bill Gates claims his private jet habit not part of the climate problem. Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. An NBC News analysis also identified Gates as the largest farmland owner in the US. 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 billionaire recently came under severe criticism from a fourth-generation farmer in South Georgia for his farmland ownership in the U.S. Will Harris, who owns a 152-year-old family farm named. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'askbamland_com-large-mobile-banner-2','ezslot_9',109,'0','0'])};__ez_fad_position('div-gpt-ad-askbamland_com-large-mobile-banner-2-0'); Raw land can be a great way to generate passive income or even spur large profits in the long term (or even short term if you know what you are doing). By Starting in 2012, Gates investment firm began buying family farms in South Georgia. - Bill and Melinda Gates are taking on the new title of the biggest farmland owners in the United States, with a good chunk of that ownership being in Arkansas. Bill Gates' 20,000 acres in Nebraska help make him the top farmland owner in the U.S. Christopher Burbach Jan 24, 2021 Updated May 17, 2022 0 1 of 10 This cropland west of Malmo, Nebraska, is. In other words, when the economy is struggling, the value of farmland generally doesnt depreciate. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. Almost 300,000 acres is a lot of land for one family or private individual to own, but it's still just a. We think we now know. The extensive tax avoidance by these titans of industry will always far exceed their supposed charitable donations to the public. Bill Gates found to be the largest farmland owner in the U.S - KARK Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. Bill Gates' 242,000 Acres of Farmland Could Be Split in Divorce You just have to keep it relatively clean, mow it, and pay property taxes. It just seemed like a good thing to do., 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, A map has revealed which billionaire owns the most land in the US, and it's not Bill Gates, John Malone owns about 2.2million acres of land across the United States, In comparison, Microsoft co-founder Bill Gates owns about 270,000 acres of farmland, Malone is worth an estimated $9.22billion, Meet the largest landowner in the US as map reveals stunning amount of land billionaire owns and its not Bill Gates. Here is the . There is a certain irony, of course, about Gates, 65, becoming the USA's biggest private owner of farmland, which American publication the Land Report recently declared him to be. A 6,300-acre farm owned by Bill Gates in Madison County could become the site of one of the nation's largest solar farms. Brittany has been in the land business since 2020 when the world was starting to shut down. To put that into perspective, thats nearly the size of Hong Kong and twice the acreage of the Lower Brule Sioux Tribe, where Im an enrolled member. Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . We are no longer accepting comments on this article. And the firm said its very supportive of sustainable farming. Someone else is building that equity on their back, said Johnathan Hladik, the policy director at the Center for Rural Affairs, who is also a farmer in Nebraska.