. He has been buying thousands of acres across America. 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. One of the most prevalent claims related to Gates and the potential for food shortages is that the billionaire owns a suspicious amount of farmland in the United States. If youve been on the fence about getting into farmland, maybe now is the time to reconsider. (AP). At the turn of this century, Chinese owners owned about 192,000 acres of farmland in the U.S., according to the USDA. Official: Michigan State gunman had note threatening 2 New Jersey schools. The Agriculture Department estimates there are more than 895 million acres of farmland in the U.S., making Gates share 0.028%. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. In Washington, the duo owns more than 14,000 acres of farmland that includes potato . Official govt docs expose Michelle Obamas 14 year history as a man., "Woody Harrelsons 60 seconds in the middle of his monologue was cut out of the edits released after the show., BREAKING Trump preps Marines to stop presidential coup.. Bill Gates Uses Farmland as an Investment Outlet Buying up Potato, Carrot and Onion Farms. NBC News, https://www.nbcnews.com/tech/tech-news/mcdonald-s-french-fries-carrots-onions-all-foods-come-bill-n1270033. More than 58 million birds in hundreds of commercial and backyard flocks have been affected since the bird flu outbreak began in February 2022, the Agriculture Department estimated. There are 94.6 million single-family houses in the United States, according to the latest data available from the U.S. Census Bureau American Housing Survey (2019) (bit.ly/3seI7kV). It's not part of his plans to save the planet. 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. How Much U.S. Farmland Does China Really Own? More Than Bill GatesAnd A 2021 report published by the U.S. Department of Agriculture (USDA) said there were 895,300,000 acres of farmland in the United States. However, there are also countless farmland investing platforms gaining traction now too. Deals are highly vetted with around a 1% acceptance rate, You pick and choose what specific farms you want to invest in, Investors do not have access to a secondary market yet, so you should be familiar with the time horizon. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. Where farmland differs from other alt assets is that because its such a crucial human resource (food = humans), in less-than-desirable economic situations, farmland tends to appreciate even further in value, as opposed to losing value (I.E., during a dreaded stock market crash). Gates has a big vision for all that land, but unfortunately it doesn't involve organic, biodynamic or regenerative farming methods, which are needed to heal ecosystems and produce truly sustainable, nourishing food for future generations No one but Bill Gates knows that answer. 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. The current chicken and egg shortages trace mainly to an avian flu outbreak in the U.S. that began in early 2022 and was exacerbated by holiday demand and supply chain problems, the Agriculture Department reported. Gates appears to be pro-chicken farming. 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. Charlie Kirk EXPOSES Shocking, Highly Worrisome Reason Why Bill Gates In April 2022, conspiracy theorists insinuated that billionaire Bill Gates was buying up "the majority" of American farmland as part of a diabolical plot to cause widespread food shortages. North Dakota Investigates Farmland Purchases by Trust Linked to Bill Gates Hes the largest landowner in the United States. 3. Whose land is it anyway? Farmers, billionaires - Michigan Farm News Neither of these are a perfect option. The portion of land that isn't owned by farmers varies widely regionally; in some areas, almost 80 percent of agricultural land is held by non-operators. An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Bill Gates is the largest farmland owner in America: report - New York Post Data gathered by The Land Report and NBC News show that their land holdings range from 70,000 acres in north Louisiana, where their farmland grows soybeans, corn, cotton and rice, to 20,000 acres . 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. Hes also written about the need for more ways to produce meat without depleting environmental resources. Tue, Feb 28, 2023 LOGIN . Bill Gates gobbling up Florida farmland; investment arm recently paid $28M for 4,500-acre tract. The transitional land he owns in Arizona is reportedly being built into a suburb. Report: Bill Gates is largest owner of private farmland in U.S., with Recently, Bill Gates has purchased 300,000 acres of farmland, you would think that buying all of the farmland would be bigger news than Elon Musk buying all of Twitter (here). Bill Gates: Americas Top Farmland Owner | The Land Report. Prior to this in 1999, Bill sold off tons of Microsoft stock to diversify. as well as other partner offers and accept our. Pregnancy tests include a hidden Plan B pill. Document shows Rebekah Jones demonstrated a violation of Floridas Whistleblower Act. Another meme circulating online reads: Bill Gates is buying all the farmland. 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. Bill Gates is Americas biggest farmer, his 269000 acres farmland grows potatoes and carrots. Farmland as an investment offers low volatility. Gates said during a Reddit AMA: My investment group chose to do this. 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. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. Bill Gates is America's biggest farmer, his 269000 acres farmland grows While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. 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). Bill Gates Becomes the Largest Farmland Owner in the United - People The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. I have written several articles on postings related to Big Tech, Social Media and Corporations. Not only was he no longer reliant on his own companys success for his own personal wealth, but he set himself up to make even bigger moves in the decades to come. By clicking Sign up, you agree to receive marketing emails from Insider We invest in the farms to raise productivity. Bill Gates' farmland purchase raises red flags 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. What does Weyerhaeuser have to do with Michigan? What Land Does Bill Gates Own In Michigan? Michigan. 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.. Hearst Magazine Media, Inc. All Rights Reserved. How long is it from Michigan to Detroit? Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. According to Redfin, single-family housing represented over 70% of the properties purchased by investors in the third quarter of 2021 (here). 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. Bill Gates investments in farmland can be seen as part of this trend. Who is the largest farmer in the United States? Why did he decide to buy in Amish Country? In reality, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal. Is Farmland Partners (FPI) A Good Investment? It is not connected to climate. 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. Former Microsoft CEO Bill Gates owns a majority of America's farmland. Thus, before we answer these questions, we are going to provide a brief summary of his financial history. (Read more about our partnership with Meta, which owns Facebook and Instagram.). (here). North Dakota Agriculture Commissioner Doug Goehring spoke with KFYR, stating that the public reaction to the purchase has been negative. Returns from farmland have actually outpaced the stock market in recent years with significantly less volatility. As of the latest Rental Housing Finance Survey (2018), there were 19.955 million rental properties in the United States (bit.ly/3FdPtKZ), 17.16 million of them single unit rental properties (bit.ly/3KLCjWH). As per the report, the Gates have their own land in at least 18 American states. While many have also speculated that Gates' land purchases were in some way related to his efforts to curb climate change, Gates has said that the two are unrelated. Bill Gates Finds Farmland To Be One Hot Commodity In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. - Farmland Riches where is bill gates' farmland in michigan. Where does Bill Gates own farmland in Illinois? - 2023 Bill Gates Attempts to Explain Why He Bought More Farmland - Futurism It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.". Gates does own a lot of farmland. The buyer, Red River Trust, is tied to Bill Gates, the largest farmland owner in the US. The Bill & Melinda Gates Foundation is focused partly on agricultural development to support farmers in sub-Saharan Africa and South Asia. The total portfolio of farmland is worth well over $700 million. In January 2021, Bill Gates became the largest owner of farmland in the United States. By 2019, the USDA says foreign ownership of U.S. acres exceeded 35.2 million acres, a 60 percent increase from the decade prior. 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 . About 350,000 acres of the U.S. government land in Hawaii were kept for military installations and national parks. How many farms Does Bill Gates Own? According to O'Keefe, Gates isn't the only one making moves on the farmland market, especially as farm real estate value s nationwide increased 7% from 2020 to $3,390 per acre. This article was produced by the Reuters Fact Check team. KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase.
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