where is bill gates' farmland in michigan
KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. 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. 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 . To better understand these questions, it's helpful to review Bill Gates' financial decision through the years, especially as it relates to Microsoft, Cascade Investments, and The Bill and Melinda Gates Foundation. So while Dan Gilbert owns the most property downtown, his 30-odd buildings seem small compared to what Kelly, Tatarian, Moroun, and others own. How many farms Does Bill Gates Own? A $13.5 million purchase of a North Dakota potato farm is drawing outrage and legal scrutiny. Today, Bill Gates owns 242,000 acres of farmland in 19 states. AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. 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. 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. 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. Pates wrote that while "nobody involved in the deal seems eager to talk about it," public records connected Gates and the buyer, Red River Trust. Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years. What special interest does Bill Gates have in farmland? But unlike those men, Gilbert has plans to redevelop his properties and not just sit on them. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. However, there are also countless farmland investing platforms gaining traction now too. 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). Oftentimes, those fingers get pointed at Gates. Real estate investors overall have also been increasingly targeting single-family homes. With over 242,000 acres of farmland, Bill Gates is America's biggest farmland owner, and his ownership may be connected to climate change and plant-based meat substitutes. 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. Where Does Bill Gates Own Farmland in the US. Gates does own a lot of farmland. as well as other partner offers and accept our. 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. An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and vaccination enthusiast "has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18 states.". A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is. These allow investors to get stared with as little as $10,000. 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. Gates' 242,000 acres amounts to about 0.03% of the total. I had heard this in the past, but didn't give it much thought. 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. Oct 22, 2014. 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. As of October 2021, the Asian nation owns $1.065 trillion, or about 3.68%, of the $28.9 trillion U.S. national debt, which is more than any other foreign country except Japan. 54. Hint, It's Not Bill Gates. Using those figures, Gates would own about 0.027% of U.S. farmland. China has steadily accumulated U.S. Treasury securities over the last few decades. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn . Farmland as an investment offers low volatility. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. 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. The total portfolio of farmland is worth well over $700 million. In 2018, Michigan produced 297 million bushels of corn grain, worth $1 billion. Amazing, if truebut its extremely not. 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. Recently, an article in Land Report stated that Bill Gates owns more American farmland than anyone else. 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. (here) (here). It's hard to visualize just how much land 242,000 acres amounts to unless . Returns from farmland have actually outpaced the stock market in recent years with significantly less volatility. State law prohibits corporations, LLCs, and trusts from farming or ranching activities. Breitbart News previously reported that Gates is Americas largest private owner of farmland. What Part Of Michigan Is Considered The Upper Peninsula? 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. Hes the largest landowner in the United States. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. Partnering with Monsanto to create these super seeds is also part of the plan. One main benefit to alt assets especially for those whore heavily invested in the stock market is, another scenario where more traditional assets like stocks and, Also, because youre investing in the land itself, your investment not only is quite resistant to depreciation, but also provides some, Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that, American farmland produces a lot of exports, exposing you to political risks, Its a little harder to break into farmland than other assets, though this is changing, In the same way you can invest into ETFs (Exchange Traded Funds) in the stock market, there exist similar products for farmland called, Bill and Melinda released their latest initiative, , While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. 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. "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. Weyerhaeuser purchase Plum Creek in 2015 for over $8 Billion! The publication named Gates the countrys largest private farmland owner in 2020, 2021 and 2022. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley. These posts were flagged as part of Instagrams efforts to combat false news and misinformation. 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. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. He has been buying thousands of acres across America. Benzinga does not provide investment advice. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. 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. Here are a few likely reasons why Bill Gates is scooping up farmland: Whatever you may think about the man himself, he has consistently made investing choices that brought him unusual and incredible returns, and this has brought him great wealth when others made the wrong fiscal moves, and lost much. Document shows Rebekah Jones demonstrated a violation of Floridas Whistleblower Act. Corn production is concentrated in the Lower Peninsula with Saginaw and Lenawee counties as Michigans largest producers. Earlier this week,North Dakota State Attorney General Drew Wrigley wrote a letter to Red River Trust, stating that its corporations and LLCs were prohibited from owning or leasing farmland or ranchland in the state of North Dakota. Wrigley added that these entities were banned from engaging in farming or ranching.. In a world of wild talk and fake news, help us stand up for the facts. His . Heres why.," Jan. 10, 2023. Chicken nuggets and cream cheese grow in trays in a South Side lab. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. 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. The Gates Foundation isnt the entity utilizing the land, but rather just Bills family office. By Dec. 31, 2022, the Agriculture Department reported 43 million egg-laying hens had died because of the disease or depopulation. Roman Catholic Church: 70 million hectares The largest landowner in the world is not a major oil magnate or a real estate investor. 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. 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. 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. The total portfolio of farmland is worth well over $700 million. Donald Trump is back on Twitter, thanks to Elon Musk. Water bills are soaring in some areas as infrastructure deteriorates, a recent University of Michigan study found. Does Michigan Allow Personal Tax Exemptions? Gates and his wife, Melinda, own 242,000-acres across the U.S., according to The Land Report.. Gates' farmland includes 69,071-acres in Louisiana, 47,927-acres in Arkansas, 25,750-acres in Arizona, and 20,588 in Nebraska, and property in 14 other states, the magazine reported. Gates farmland now totals 242,000 acres. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Why did he decide to buy in Amish Country? This informational is by no means a promotion, solicitation, or recommendation of any specific investment. Please let us know if you're having issues with commenting. These claims are not true. The figure is far below the total area of U.S. farmland. Eggs have become expensive and scarce in some parts of the country. 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. Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. You're looking into Bill Gates' Red River Trust purchase of . Just over 70% of these were owned by individual investors. As we learned above, in most farmland investment situations, the farmland owner leases their land to tenant farmers, who usually live on and work the land. What Land Does Bill Gates Own In Michigan? Is Farmland Partners (FPI) A Good Investment? RELATED: What Bill Gates has to do with livestock, lab-grown meat, RELATED: Eggflation? This article was produced by the Reuters Fact Check team. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for. NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money. While private companies and corporations are increasing . In their 2018 annual letter, 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. Louisiana is the top state. It has been very fulfilling for me and is my full time job," Gates continued. 2022. He also reportedly owns about 16,000. It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. 727-821-9494. stated on January 22, 2023 in an Instagram post: The U.S. chicken and egg shortage is linked to Bill Gates. 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. Gates started purchasing farmland circa 2013 through his investment group, Cascade Investments. All quotes delayed a minimum of 15 minutes. Mar 4, 2009. Don't miss real-time alerts on your stocks - join Benzinga Pro for free! According to a 2022 report from the U.S. Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the U.S. Gates owns roughly 242,000 acres, about 0.03% of the total. 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 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. Billionaire philanthropist and Microsoft Corp. co-founder Bill Gates has found himself at the center of yet another online conspiracy theory. This position in Microsoft was quickly funneled by Cascade Investment into this long term growth strategy. No one but Bill Gates knows that answer. This article will go into detail about how much land Bill Gates owns and why he owns so much. 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. 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. Other noteworthy farmland investors include Ted Turner and Thomas Peterffy. Think about how much Bill Gates would have lost if he hadn't diversified in 1999. While much of this land was transferred to the new state of Hawaii in 1959, the federal government did keep some. Many people wonder why Bill Gates would make these moves with his investment portfolio. Age Requirements Most ordinances require, Huckleberries are small bright blue, or dark blue, or black berries which grow wild near marshes in Michigan. Lower-than-usual egg inventories near the end of the year, when demand is up from holiday baking, resulted in several successive weeks of record-high egg prices, the department said. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. This is because of more intense seasons of drought and rain. 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. Stay up to date with what you want to know. Microsoft co-founder Bill Gates is America's top private farmland owner. The transitional land he owns in Arizona is reportedly being built into a suburb .. In addition to farmland, the Gates' portfolio includes numerous public investments, the Gates Foundation, a major stake in the Four Seasons Hotel, and much more. 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. The major cash crops are field beans, sugar beets, corn and wheat. How Long Can You Be Held Without Bond In Michigan? The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. Northern Kansas land sale averages $3,500 per acre. From the beginning, Cascade Investments focused on blue chip defensive stocks, including Four Seasons, Berkshire Hathaway, Coca Cola, and more. 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. The land was purchased from the owners of Campbell Farms, a potato farming group headquartered in Grafton, North Dakota, approximately 50 miles from the Canadian border. 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). 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 . Pregnancy tests include a hidden Plan B pill. Starting in 2013, Gates began investing his billions (through the firm Cascade Investment) in agriculture because of its steady increase in value and low volatility. The mainland Chinese company Sino-Michigan Properties LLC has paid $1.9 million for 200 acres of undeveloped land in Milan, Michigan. But that's just a portion of the vast holdings Gates and his ex-wife, Melinda French Gates, own from sea to shining sea. This article Bill Gates Finally Explains Why He's Buying So Much U.S. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Gates owns less than 1% of the nations farmland. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. 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 . 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. In fact, Gates is the owner of over. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions. What does Weyerhaeuser have to do with Michigan? What is the most profitable crop in Michigan? Tue, Feb 28, 2023 LOGIN . 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. Our state produces about 75 percent of the nations tart cherry crop. By clicking Sign up, you agree to receive marketing emails from Insider Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. The mogul's holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . Heres why. BlackRock is a shareholder in both companies (here) (here). According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 acres of farmland. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. Similar to private equity firms destabilizing the housing market, millionaires and billionaires investing in farmland are also creating their own set of issues, as they are now pricing out young farmers looking to buy land. Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? Social media post scrambles the facts on high egg prices," Jan. 13, 2023, Various searches on Google and Nexis, accessed Jan. 24, 2023, The Land Report, "Farmer Bill," Jan. 11, 2021, The Land Report, "Bill Gates is About to Change the Way America Farms," Winter 2020 magazine issue, The Land Report 100, Winter 2021 magazine issue, The Land Report 100, Winter 2022 magazine issue, Email exchange, Eric OKeefe, editor, The Land Report, Jan. 23, 2023, Email exchange, Gates Ventures, Jan. 24, 2023, GatesNotes, "Future of food," March 18, 2013, GatesNotes, "What the plow and lab-grown meat tell us about innovation," Feb. 27, 2019, GatesNotes, "Is there enough meat for everyone?," April 21, 2015, GatesNotes, "Why I would raise chickens," June 7, 2016, U.S. Bureau of Labor Statistics, "Consumer Price Index," Jan. 12, 2023, U.S. Department of Agriculture, "Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022," Jan. 11, 2023, U.S. Department of Agriculture, "2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks," Jan. 18, 2023, U.S. Department of Agriculture, "Avian Influenza," Jan. 18, 2023, U.S. Department of Agriculture, "Farms and Land in Farms, 2021 Summary," February 2022, Reddit, Bill Gates Ask Me Anything, March 19, 2021, Bill & Melinda Gates Foundation, "Agricultural Development," accessed Jan. 24, 2023, Associated Press, "Bill Gates owns a lot of American farmland, but not the majority," May 2, 2022, Vox, "The controversy over Bill Gates becoming the largest private farmland owner in the US," June 11, 2021, NBC News, "McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland," June 8, 2021, Reuters, "Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses," May 5, 2022, CNBC, "Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future," March 23, 2018, CNBC, "Bill Gates bets on growing demand for sustainable foods," May 14, 2015, Bloomberg News, "Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. 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. Is this just a regular investment move, made on a large scale? Nebraska has the third-most Gates-owned farmland in the nation. Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. 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. Bill GatesWith almost 269,000 acres, Bill Gates retained his ranking as Americas largest private farmland owner. Access your favorite topics in a personalized feed while you're on the go. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). Sign up for notifications from Insider! However, Microsoft wasn't Bill Gates' only successful venture. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. During the COVID-19 pandemic, vaccine-hesitant Americans were inundated with false rumors claiming that Gates was putting microchips into vaccines, that he was working on a mind-altering vaccine, that Gates had input tracking devices into vaccines, and that he once called for vaccinations as a way to depopulate the planet. 28. We need your help. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. Bill Gates, and the Chinese, are not just buying up farm land for that purpose. 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.
