| Chuck Collins, Original reporting and incisive analysis, direct from the Guardian every morning, Land is power, land is wealth, and, more importantly, land is about race and class. Agriculture is also a key focus area for the Bill & Melinda Gates Foundation, the massive charity run by Gates and his wife. Housecall is the official blog of RISMedia, covering real estate news and information for agents, brokers and their clients. 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 a U.S. Department of Agriculture report from February that showed there were more than 895 million total acres of farmland in the country last year. They own the soil where the potatoes in McDonalds french fries grow, the carrots from the worlds largest producer and the onions that Americans saut every night for dinner. Investors generally are nevertheless buying an increasing share of the U.S. housing market. Our inventory spans mostly in the western United States. Weve answered hundreds of questions from people regarding the buying and use of land. Bill Gates is the biggest private owner of farmland in - The Guardian 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. Bill Gates, the fourth richest person in the world, currently owns 242,000 acres of farmland, making him the top private farmland owner in America, according to Forbes. North Dakotans are outraged as Bill Gates, the largest private farmland In total, Bill and Melinda Gates have acquired land in more than a dozen states. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. He also owns three hotels in Dublin, Ireland, and a fourth in Limerick. Bill Gates' farmland buying spree highlights investment appeal The company also took to Twitter to reject the false narrative. , an annual survey of the nations largest landowners. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. Bill Gates has invested in various high-profile commercial properties through his personal investment company, Cascade. He's one of the richest men in the world and the largest individual owner of farmland in the country. The private residential area is home to numerous A-list celebrity couples including Justin Timberlake and Jessica Biel. As more and more land gets developed, if you own land that is in the path of the plan, you could have buyers offering you big money to take hold of the property. These states include: Arizona - 25,750 acres; Arkansas - 47,927 acres In 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify their property portfolio. In fact it is so big that it is a little hard to conceptualize. But that could soon change. Follow Bill Gates: Do Not Invest In Tech, Invest In Farmland - Gizchina.com The foundation aims to support country-led inclusive agricultural transformation across sub-Saharan Africa and South Asia, according to its website. Bill Gates uses farmland as investment vehicle, owning 269,000 acres of land. The 14,000 acres in Washington is used for potatoes and in Florida the land is used for carrots. Malone also has 25% shares in Liberty Global, the largest international cable company with just under 30million subscribers, and owns 8% of the Atlanta Braves baseball team. While those companies dont explicitly name Cascade Investments as the owner in their public records, they do share the address of Cascade in Kirkland, Washington, or the address of a Cascade subsidiary, list the names of Cascade employees who registered the companies and sometimes even email addresses from the Bill and Melinda Gates Investment Group. They bought and later sold an additional 6,000 acres in Georgia, NBC News found. The LandReport, a magazine that provides news and insight on America's landowners, recently estimated that Microsoft founder Bill Gates is the largest farmland owner in the U.S., owning about 242,000 acres. A few years ago, Bill Gates has announced plans to build a smart city outside of Buckeye in Arizona. Bill and Melinda have diversified their portfolioworth more than $130 billionfor years, and one of their favorite investments is real estate. Private Residence at the Yellowstone Club in Big Sky, Montana: Estimated $5-25 Million. The January 11 issue of The Land Report is worth reading. The opportunities are virtually endless. But some farmers whose land is adjacent to that of the Gateses have expressed disappointment that despite the couples wealth, they have not done more to preserve the environment. Members of the Stanley family now work for Generations. 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. Bill Gates Called Out By Farmer For Secretly Buying Up US Farmland: 'I The Emmerson family owns and operates Sierra Pacific Industries, a company that logs usable lumber after forest fires and sells it to lumber retailers. 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. Bill Gates is the largest private owner of American farmland, which is why so many people are wondering what he will use it for. The Associated Press reports that last week, billionaire Microsoft founder Bill Gates was cleared to purchase 2,100 acres of rural North Dakota farmland. He said that this is where large tracts of rich farmland is used to raise livestock and grow many of the vegetables that end up in grocery aisles up and down the East Coast. Ownership of Angelina Plantation Farms, which sits among three wildlife areas in Monterey with a view of Bayou Cocodrie, and other property has been a . 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. Bill Gates now owns more farmland than anyone else in the United States, as the tech tycoon has quietly purchased 242,000 acres of farmland in several states across the country. Another 5,500 acres was sold to Generation Land Georgia, a company that shares an address with Miami-based Optimum Agriculture, which bought Generations Farms in 2019. Wealth accumulation always goes hand-in-hand with exploitation and dispossession. 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. Now in its 15th edition, this landmark study tracks the diverse array of farmers, ranchers, forest owners, entrepreneurs, and investors who own at a minimum 243.75 square miles. That means Gates, whose net worth is estimated at some $134 billion according to Forbes annual ranking of the richest people in the country, owns less than one percent of the nations total farmland. Farmland offers a strategy that is completely separated from his other wealth and investments. He now owns more farmland than my entire Native American nation. 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. Bill Gates found to be the largest farmland owner in the U.S - KARK Bill Gates owns massive parcels of farmland. It's not part of his plans Why Bill Gates is the largest private farmland owner in the - Vox 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. We Now Know Why Creepy Bill Gates Invested in All of That US Farmland Bill and Melinda Gates also cracked the Land Report's Top 100 Landowners for the first time coming in at number 49. Can You Build A Wedding Venue On Residential Land? 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 this country, enslaved Black labor first built US wealth atop stolen Native land. - 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. 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. He hoped Gates would have invested in different farming techniques that could help turn around the ecological damages from big agriculture. From mortgage info and housing trends to updates on which celebritys bathroom is equipped with a Vitamin-C infused shower, Housecall covers the entire moving and shaking gamut of the industry decision to end their marriage after 27 years, How to Know Youve Found the Home of Your Dreams, 3 Reasons to Hire Pest Control Services After Moving Into Your Home, 4 Additions For Your New Bathroom Remodel, Top Kitchen Design Trends to Consider for Your Renovation, Inside Jeff Bezos Multi-Billion Dollar Real Estate Portfolio, Reasons to Take Care of a Water Leak in Your Home as Soon as Possible, A Quick Guide to Stopping Ceiling Leaks in Your Home, 10 Tips for Taking Care of Wood Furniture, 5 Important Facts About Your Rain Gutter System, 5 Strategies for Making Moving House as Smooth as Possible, Lessons Every Homeowner Can Learn This Winter to Prepare for the Next, How to Spot Foundation Issues in an Old Home. Additionally, through his personal investment firm, Cascade, Bill Gates owns approximately half of the Four Season Holdings' hotel chain. 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. The Microsoft co-founder has reportedly purchased an $8.9 million Wyoming ranch that was once the stomping grounds of Buffalo Bill . Nor does he put in the back-breaking labor humble people do to grow our food and who get far less praise for it. The state's Republican Attorney General Drew Wrigley had inquired into the land sale, and on Wednesday issued a letter saying the transaction complied with an archaic anti-corporate [] Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. Gates achievement, according to the report, is that hes largest private owner of farmland in the US. 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. The United States is defined by the excesses of its ruling class. Our inventory spans five western states. Reed family: Land area: 1.7 million acres. Back in January, US magazine The Land Report revealed that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the US, comprising an estimated 242,000 acres. Arable land is not just profitable. Starting in 2012, Gates investment firm began buying family farms in South Georgia. Bill Gates is now America's biggest farmer - The Telegraph The map shows a 242,000 acre square situated over New York. Can you imagine having that much property? Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . than 85 million single-family homes in the country, and only around 15 million of those are rentals, Of those rentals, less than a third are owned by non-individual investors, according to.

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