bill gates land ownership map

In every state where the Gateses own land, a tangled web of locally registered limited liability companies follow. 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. Real estate mogul and owner of the Los Angeles Rams, Stan Kroenke, owns 1.4 million acres of land in the United States, including a 124,000 acre ranch in Montana and additional land in Wyoming. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm primarily invests in retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. Theres a more cynical calculation. You may have heard that Bill Gates owns a lot of land, but you may not know how much. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. 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. In total, Malone owns roughly 2.2million acres of land and has a net worth of around $9.22billion, earning him the nickname the Cable Cowboy.. The land that Bill Gates owns is used to grow soybeans, corn, cotton, and rice over 70,000 acres in northern Louisiana. Investment firms are making the argument farmlands will meet carbon-neutral targets for sustainable investment portfolios while anticipating an increase of agricultural productivity and revenue. Although the sale price has never been made public, the 492-acre home was listed for $8.9 millionand we cant imagine Bill and Melinda doing much haggling. They accounted for almost 1% of the agricultural land in the United States. Bill Gates may no longer be the worlds richest man, but he can claim a new title: Americas farmland king. Agriculture is also a key focus area for the Bill & Melinda Gates Foundation, the massive charity run by Gates and his wife. This can potentially earn you tons of money. Not only is it usable by you, but land can be used for so many different things. The Microsoft co-founder and his former wife, Melinda, are the top farmland owners in. Weve never been one of the big institutional buyers of single family homes, BlackRock said in response to one tweet. Since then, it has been revealed that the two never signed a prenuptial agreement, instead opting for a separation agreement. The process of splitting the couples assets will be a mammoth task. In 2014, Cascade Investments combined both of those companies and the land into Generations Farms, which continued to grow vegetables. 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. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Microsoft co-founder Bill Gates finally revealed the reasons behind his massive purchase of farmland: seed science and biofuel development. That's one of the many takeaways from the 2021 Land Report 100, which is compiled each year by Land Report magazine. He also owns three hotels in Dublin, Ireland, and a fourth in Limerick. Bill Gates is now the largest private landowner in the country. 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. Land is power, land is wealth, and, more importantly, land is about race and class. The land that Gates owns is located in several states and consists primarily of commercial farmland. Bill Gates top private farmland owner in US. Bill and Melinda Gates, who recently announced they're getting divorced and are dividing their assets, are deeply invested in American agriculture. That could spell an opportunity for young farmers hoping to get their start, but for savvy investors scrambling for more places to put their money, it also represents an opportunity. Black, Mexican, Asian, and Native people, of course, were categorically excluded from the benefits of a federal program that subsidized and protected generations of white wealth. It will not tell you that Bill Gates is your neighbor. He also reportedly owns about 16,000 acres in his home state of Washington, including a 14,500-acre tract in the Horse Heaven Hills region that was purchased for nearly $171 million. 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. The extensive tax avoidance by these titans of industry will always far exceed their supposed charitable donations to the public. The Emmerson family owns and operates Sierra Pacific Industries, a company that logs usable lumber after forest fires and sells it to lumber retailers. Here is the . The billionaire couple, in less than a decade, have accumulated more than 269,000 acres of farmland across 18 states, more than the entire acreage of New York City. 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. The foundation aims to support country-led inclusive agricultural transformation across sub-Saharan Africa and South Asia, according to its website. As the population grows in large cities, some people will inevitably want to move to the country. 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. He also purchased the 800-acre Bridlewood Farms in Florida. 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. If you said investment, then you are right. Bill Gates has never been a farmer. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. Land holds ample opportunities for growth and development, yet you may find that there is more land than there is competition. And not all the renters are local. The Gates Foundation said in a statement that its agriculture efforts do not extend to farming in the U.S. 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. That land is now largely rented out to various farmers. The 14,000 acres in Washington is used for potatoes and in Florida the land is used for carrots. Where Does Bill Gates Own Farmland in the US. It makes no sense.. 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. 2,167 acres. In January 2021, Bill Gates became the largest owner of farmland in the United States. 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. He is an assistant professor in the American studies department at the University of New Mexico. Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . Since it works as an investment for him, it also includes the benefits of using land as an investment like he does. In terms of agriculture and his practices Bill Gates, Microsoft billionaire, may be more than . 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. I mean, it is unlikely that one of the richest people in the world would invest in something that wasnt a good investment, right? Single-family homes are priced between $5-25 million. the latest American Housing Survey by the Census Bureau. Although the Bill & Melinda Gates Foundation is not directly connected with Cascade or its investments, it also has a farmland initiative: Gates Ag One, established in the Greater St. Louis area, with a mission to help 'smallholder farmers adapt to climate change and make food production in low- and middle-income countries more productive, resilient, and sustainable. buying an increasing share of the U.S. housing market. 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. Bill Gates' purchase of a large patch of land in North Dakota has sparked fury and conspiracy theories on social media after the Microsoft billionaire secured legal approval to purchase the. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. In fact, this also means that you may not even have to apply for a loan to start the investment! They own the soil where the potatoes in McDonald's french fries grow, the carrots from the world's largest . Malone made the decision to put billions of his wealth into land ownership after spending a summer working on a family farm in Pennsylvania. The Microsoft co-founder faced several claims that he owned a majority of Americas farmland earlier this 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 . Bill Gates may no longer be the world's richest man, but he can claim a new title: America's farmland king. But those working on projects with both investors and farmers to create ecologically sustainable farming methods and support diverse and disadvantaged farming communities say rethinking agriculture and working to avert a climate crisis go hand in hand. This can be an affordable way to get started with your raw land investments. 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. Gates and his wife own 269,000 acres of farmland. Last year, Cascade Investment made a second major investment in Arizona by acquiring more than 2,800 acres known as Spurlock Ranch in Buckeye for $25 million, that could be built out to include 8,500 homes. He owns 242,000 acres, which is equivalent to the area of Fannin County GA. (Stephen Osman / Los Angeles Times via AP file), The buildings of the 100 Circles Farm are at the center of this satellite image. And the firm said its very supportive of sustainable farming. 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." He backed Impossible Foods, which relies on genetically modified soybeans, and also held shares of Beyond Meat through the Bill and Melinda Gates Foundation Trust, though SEC filings show those shares were sold in 2019. Our inventory spans five western states. Except, it seems, when it comes to a private individual selling some land to iconic billionaire Bill Gates. The company also took to Twitter to reject the false narrative. BlackRock also suggested it was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation 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. (Ruth Fremson/The New York Times) (Ruth Fremson / The New York Times via Redux Pictures), John Quarterman on his farm in Lowndes County, Ga. (Matt Odom / for NBC News), John Quarterman stands by the Withlacoochee River. In fact, he reportedly owns more farmland than any other individual in America. Bill Gates has invested in various high-profile commercial properties through his personal investment company, Cascade. 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'. Of those rentals, less than a third are owned by non-individual investors, according to a 2022 report by Harvard Universitys Joint Center for Housing Studies. . Financial titans like Prudential and Hancock have divisions specifically for investors looking to make money on farmland portfolios. But billionaire class assertions that they are philosopher kings and climate-conscious investors who know better than the original caretakers are little more than ruses for what amounts to a 21st century land grab with big payouts in a for-profit economy seeking green solutions. He owns 2m acres and has the worlds largest privately owned buffalo herd. Murdaugh is heckled as he leaves court, Ken Bruce finishes his 30-year tenure as host of BBC Radio 2, Ukrainian soldier takes out five tanks with Javelin missiles, Family of a 10-month-old baby filmed vaping open up, Missing hiker buried under snow forces arm out to wave to helicopter, Hershey's Canada releases HER for SHE bars featuring a trans activist, Moment teenager crashes into back of lorry after 100mph police race. TRENDING: OUCH! 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. It was the highest priced land sale in the US that year. Thanks for contacting us. Bill Gates was quietly becoming the biggest private owner of farmland in the United States. Seems like there could be a lot to benefit more of their charities by selling some of this off. He's one of the richest men in the world and the largest individual owner of farmland in the country. 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. 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. 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. Lemmon Holdings, the billionaire spent $80 million to purchase. When Bill Gates, or whatever other investment arm owns the land, a farmer still needs to farm it. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. About 40 percent of farmland is owned by seniors 65 or older, according to 2014 estimates by the U.S. Department of Agriculture, meaning more farmland is expected to come on the market soon. A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is traditional. The agency further found that over 50 percent of cropland is rented to farmers who dont own their land. Some of that land, including nearly 300 acres, was sold in 2019 to the California-based Grimmway Farms, the worlds largest carrot producer. Bill Gates was also an early investor in fake-meat companies aiming to combat the environmental harms of raising livestock by creating more convincing, plant-based alternatives. This way, the land will remain productive and healthy, while also becoming a money-driving investment. The relationship to land who owns it, who works it, and who cares for it reflects obscene levels of inequality and legacies of colonialism and white supremacy., ill Gates has never been a farmer. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. What expertise in climate science or agriculture Gates possesses beyond being filthy rich is anyones guess. Gates shares ownership with Saudi Prince Alwaleed bin Talalthe two purchased the chain in 2007 for $3.8 billion. And while Bill Gates frets about eating cheeseburgers in his book for the amount of greenhouse gases the meat industry produces largely for the consumption of rich countries his massive carbon footprint has little to do with his personal diet and is not forgivable by simply buying more land to sequester more carbon. Stan Kroenke: Land area: 1.4 million acres. Bill and Melinda have purchased numerous properties in Wellington, Florida, over the years. That program ensures agriculture on the land is audited to meet standards, like soil health and water management, created by the nonprofit Leading Harvest, which counts one of the subsidiaries of Gates investment firm as a partner. If they purchased the rest of their farmland for similar prices, that would put the value of their 242,000 acres at almost $3 billion. Like wealth, land ownership is becoming concentrated into fewer and fewer hands, resulting in a greater push for monocultures and more intensive industrial farming techniques to generate greater returns. The land that Bill Gates owns is used to grow soybeans, corn, cotton, and rice over 70,000 acres in northern Louisiana. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'askbamland_com-large-leaderboard-2','ezslot_5',106,'0','0'])};__ez_fad_position('div-gpt-ad-askbamland_com-large-leaderboard-2-0'); While farmland, and land in general, will undergo economic factors and changes to demand, it is very likely to increase in value as the years roll by. The 1862 Homestead Act opened up 270m acres of Indigenous territory which amounts to 10% of US land for white settlement. 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. 4 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. 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. 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In Nebraska where he owns 20,000 acres, it is used for soybeans. Bill Gates is buying up the majority of American farmland and BlackRock is buying the majority of single family houses but Im supposed to believe the biggest threat to us is Elon Musk buying Twitter? read one representative tweet thats been liked or shared on the platform more than 250,000 times. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. 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. That is a big chunk of land. The land is owned both directly and indirectly by Cascade Investment, the Seattle-area firm that Gates the worlds third-richest man with a net worth of $132 billion, according to Bloomberg set up to manage his massive fortune, according to The Land Report. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. The Land Report revealed that Gates, who has a net worth of nearly $121 billion according to Forbes, has built up a massive farmland . So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide.

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