how much land does bill gates own in africa

In that same Reddit AMA from 2021, the one where Gates separated his land investments from his sustainability initiatives, he also mentioned the importance of productive seeds to avoid deforestation as well as the production of biofuels, which relies heavily on corn, in the very same answer. Earlier this week, North Dakota State Attorney General Drew Wrigley wrote a letter to Red River Trust, care of Headley, notifying it that corporations and limited liability companies were prohibited from owning or leasing farmland or ranchland in the state of North Dakota., Wrigley wrote that these entities were also barred from engaging in farming or ranching.. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. The Gates' portfolio of farmland covers 18 states. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. the latest American Housing Survey by the Census Bureau. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . Gates is not new to the biofuel industry.In 2016, hejoined French oil giant Total in investing $14 million in biofuel specialist Renmatix. Stay up to date with what you want to know. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes, according to real estate firm RedFin. False. That works out to about $11,790 per acre . The comments below have not been moderated. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999. According to the Journal, they are even discouraged from using Facebook and other social-media platforms. At least thats what the developers partnered with Gates investment group have promised. Leading Harvest envisions a kind of sustainability seal of approval certifying that a given farm meets environmental standards. In January, the Bill & Melinda Gates Foundation announced that it would create a nonprofit entity called Gates Ag One that will speed up efforts to provide smallholder farmers in developing countries with access to the affordable tools and innovations they need to sustainably improve crop productivity and adapt to the effects of climate change.. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. Behind Gates in terms of investment in farmland are the cofounders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres. 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. Sign up for notifications from Insider! Gates' interest in farmland is still strong. This boosted Bandas annual income from $50 to $750 last year. 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. . In six years that number has more than doubled. Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. 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. 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. Through Sierra Pacific, the family owns some 2 million acres in California and Washington. Gates' purchase averaged $12,000 per acre. Gates and his wife paid almost $171 million for 14,500 acres of farmland in the Horse Heaven Hills of Benton County, Wash., according to The Land Report. Posted by Triple Net Matt July 4, 2022 Posted in commercial real estate Tags: bill gates, commercial broker, commercial real estate, net lease, nnn, STNL. In 2006, he helped launch TerraPower, a company developing a new type of compact, ultra-safe nuclear reactor. New Scientist went to press before the meeting finished. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. 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. Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. 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Total acreage for Bill Gates: Well over 270,000 acres. He owns a huge . Since 2017 he reportedly holds a significant stake in 24,800 acres of land on the west side of Phoenix. For their part, governments must improve water storage and create drought-resistant crops. He has very competent investment managers.. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. As of 2019, around 40 percent of American farmland is rented to tenants, who then operate on it. 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. This isn't the first time Gates has called for higher taxes on the wealthy. While Gates appears . Groups of 15 to 25 smallholders are also being encouraged to form collectives. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. Berkshire Hathaway, Inc., Waste Management, Inc., Canadian National Railway Company, Caterpillar Inc., Walmart Inc., Four Seasons Hotel and Resorts & more are the companies owned by Bill Gates. Stan Kroenke: Land area: 1.4 million acres. How much land does he own? The landowners can include investors like Gates. Healthy mother-of-two, 32, collapsed and died from brain bleed while she led fitness bounce class. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. Kids in England had to wear masks at school because No10 'didn't want an argument' with Nicola Sturgeon - Health ministers knew there was no evidence to justify making kids abide by rule of 6 - but No10 'didn't Sunak bustled like a wide-eyed labrador, his tail waggier than a windscreen wiper in a downpour: HENRY Bill Gates: America's Top Farmland Owner | The Land Report, Do not sell or share my personal information. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. AFRICA. 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. In the future, farmers will be paid for sustainability, says Sherrick, who sits on the groups board. Farming is all of a sudden part of the solution and not just part of the problem, Sherrick adds. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. The firm is a shareholder in Dallas-based Invitation Homes, which owns nearly 80,000 single-family rentals nationwide. Theres a tendency in the media to personalize this, OKeefe says. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. The group is called Leading Harvest, and the Gates-linked Cottonwood Ag is one of its founding members. BlackRock also suggested it was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation Homes. AGRA was established in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. ', Cascade did not elaborate on the agricultural land purchases other than to say that the company is 'very supportive of sustainable farming. Though it's only a sliver of the nation's 900 million agricultural acres, Gates' trust gobbled up property in . Reed family: Land area: 1.7 million acres. With the Washington state acreage and other recent additions to his portfolio, OKeefe calculated, Gates now owns at least 242,000 acres of American farmland. We already buy 80 per cent of our produce from developing countries, but those that bid for the contracts are usually the larger companies and farms, says Ahnna Gudmunds, the schemes advocacy officer. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. 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. The WFP has bought 450,000 tonnes of food, worth $177 million, and the scheme is set to continue. People are going to pay attention to what Bill is doing, Sherrick says. retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. Without innovation, we will not solve climate change, Gates said. 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 . The Prestigious school where Princes William and Harry were educated is EPHRAIM HARDCASTLE: Prince William's potentially awkward visit to homelessness charity. 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. . Instead, the LDS will add another 12,000 acres to its already massive land holdings, which include over 600,000 acres in Florida alone2 percent of that state's total land mass. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. Rising temperatures could also shrink by up to 80 per cent the areas where beans will grow. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Less rain will be a major factor. Thanks to the dealers, AGRA farmers now use 10 to 50 kilograms of fertiliser per hectare, and though this is just a tenth to a quarter of what farmers use in rich countries, it is still a big improvement. Cascade employees almost never speak to the press. The company also took to Twitter to reject the false narrative. We've received your submission. Gates and his wife Melinda own 242,000 acres of farmland in the U.S. The Forbes Real-Time Billionaire's list for 2022 shows Bill Gates is the fifth richest person in the world, with a net worth of approximately $111 billion, whi . Opinion: Bill Gates and Warren Buffett should thank American taxpayers for their profitable farmland investments Last Updated: March 13, 2021 at 11:54 a.m. That means Bill Gates owns 378 square miles of the United States. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. Soon they came back with the answer: The Louisiana company was acting on behalf of Cascade Investment LLC, the secretive investment firm that manages most of the huge fortune belonging to Bill Gates. That immediately set off alarm bells, OKeefe says. buying an increasing share of the U.S. housing market. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. 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. Today, the Belmont tract remains mostly empty desert. AGRA has also appointed 2800 inspectors to monitor soil health and advise farmers on how much fertiliser they need. Bill Gates is one of the richest men in the world, but his wealth pales in comparison to that of other billionaires. One of the more colorful theories pertains to Gatess strange interest in U.S. agriculture, with rumors that the former Microsoft CEO owns upward of 80 percent of farmland in the United States. Jumbuck Pastoral Company is owned by the MacLachlan family. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. 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