bill gates land ownership map

Gates . Which is where the Bill Gates' Land Ownership interactive map comes in. That was a virus I got from Ted Turner.. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . False. Gates shares ownership with Saudi Prince Alwaleed bin Talalthe two purchased the chain in 2007 for $3.8 billion. Adjusted for inflation, average farm real estate values have generally risen since 1993, growing from less than $1,500 an acre in the mid-90s to over $3,000 an acre in 2020, according to the USDA. In Nebraska where he owns 20,000 acres, it is used for soybeans. 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Bill Gates may no longer be the worlds richest man, but he can claim a new title: Americas farmland king. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). 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. According to Forbes, the worlds billionaires saw their wealth swell by $1.9tn in 2020, while more than 22 million US workers (mostly women) lost their jobs. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'askbamland_com-large-mobile-banner-1','ezslot_7',108,'0','0'])};__ez_fad_position('div-gpt-ad-askbamland_com-large-mobile-banner-1-0'); While the land that Bill Gates owns is already developed for farming and likely costs a ton of money, land can also be quite affordable. Bill Gates uses farmland as investment vehicle, owning 269,000 acres of land. 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. 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. The comments below have not been moderated, By Bill Gates owns a lot of American farmland, but not the majority By PHILIP MARCELO May 2, 2022 CLAIM: Microsoft co-founder Bill Gates owns the majority of America's farmland and the investment firm BlackRock holds the majority of single family houses in the country. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley near Lancaster, Calif., in 2004. On Friday, a showdown between two of the largest agricultural landowners in the United Statesthe Church of Latter-Day Saints and Bill Gates ' wealth management firmcame . So why did the Land Report dub him Farmer Bill this year? 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In an interview with CNBC, Malone said that his biggest motivation for purchasing land was preservation and he said he hopes to buy more. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. Xanadu 2.0 in Medina, Washington: Estimated $140-170 Million, Source: Steve Ringman / The Seattle Times. Through our professional experience in land acquisition, we have found that people buy and sell land for many different reasons and have learned that it can be an investment for profit, vacation, or any opportunity that suits your needs and desires. The private residential area is home to numerous A-list celebrity couples including Justin Timberlake and Jessica Biel. But theyre far better known for their work in tech and in trying to save the climate. Gates is now America's largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according to the Land Report. Land will likely never be a bad investment, as long as the land is healthy and properly located. Since it works as an investment for him, it also includes the benefits of using land as an investment like he does. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. 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. retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. One of the largest plots of land owned by a subsidiary of the Gateses investment arm in Louisiana, Angelina Plantation, was previously owned by former WorldCom CEO Bernard Ebbers, who died last year, a month after being released from prison. In other words, when the economy is struggling, the value of farmland generally doesnt depreciate. When pressed during a book discussion on Reddit about why hes gobbling up so much farmland, Gates claimed, It is not connected to climate [change]. The decision, he said, came from his investment group. Cascade Investment, the firm making these acquisitions, is controlled by Gates. A 2018 purchase of 14,500 acres of prime eastern Washington farmland which is traditional Yakama territory for $171m helped him get that title. They bought and later sold an additional 6,000 acres in Georgia, NBC News found. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. BlackRock, meanwhile, is also not the owner of the majority of single family houses in the country. This can be an affordable way to get started with your raw land investments. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. Lemmon Holdings, the billionaire spent $80 million to purchase. Well, youd think, if you're looking for somebody with enough capital to try that, he would go first. 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. They accounted for almost 1% of the agricultural land in the United States. The billionaire couple, in less than a. Farmland in those parts is valuable, commanding prices between $10,000 and $15,000 per acre, far beyond the state average of about $2,000. He is an assistant professor in the American studies department at the University of New Mexico. Bill Gates has invested in various high-profile commercial properties through his personal investment company, Cascade. 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. The land that Bill Gates owns is used to grow soybeans, corn, cotton, and rice over 70,000 acres in northern Louisiana. (Stephen Osman / Los Angeles Times via AP file), The buildings of the 100 Circles Farm are at the center of this satellite image. Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. Some raw land may even be as affordable as a few thousand dollars, which can be an affordable and cost-effective investment strategy (or just a place to use for personal reasons). While land is a limited resource, there is still less competition for raw land than there is with residential and commercial real estate. 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. 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. These billionaires have nothing to offer us in terms of saving the planet unless its our land back. 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. There are also growing trends revolving around the purchase of low acreage farmland and noncommercial farming. Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. This site also participates in other affiliate programs including but not limited to ShareASale, CJ, and ClickBank, and is compensated for referring traffic and business to these companies. Someone else is owning that asset, whether it's rented equipment or land. A white man owns more farmland than my entire Native nation! This could allow you to sell or lease the individual lots of land on the property. Bill Gates acquired six parcels of land in Pembina County. Listen to article. This is part of APs effort to address widely shared misinformation, including work with outside companies and organizations to add factual context to misleading content that is circulating online. The United States is defined by the excesses of its ruling class. Small farmers and Indigenous people are more cautious with the use of land. Where Does Bill Gates Own Farmland in the US. | 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. 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. 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. Bill Gates is in the money flow business, and farmland, as well as other land, can generate a lot of money. 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. But they're just renting it. And we think it will provide good inflation protection in the long run. America's leading landowners added hundreds of thousands of acres to their holdings last year. Bill Gates is the largest private owner of American farmland, which is why so many people are wondering what he will use it for. Almost 300,000 acres is a lot of land for one family or private individual to own, but it's still just a. Mansion in Rancho Santa Fe, California: $18 Million. The 14,000 acres in Washington is used for potatoes and in Florida the land is used for carrots. Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. Thats why lands still managed by Indigenous peoples worldwide protect and sustain 80% of the worlds biodiversity, practices anathema to industrial agriculture. Here is the . In 2018 Gates reportedly bought 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 from an insurance company that had paid $75million for it in 2010. He is also the chairman and largest stakeholder of Liberty Media, possessing 28% of Discovery Communications, which was acquired by Scripps Network for $14.6billion. In Nebraska where he owns 20,000 acres, it is used for soybeans. 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. Farmland CNBC 2.94M subscribers Subscribe 47K 4.5M views 1 year ago #CNBC Bill Gates made. Besides the enrollment of their landholdings in Leading Harvest, the Gates Foundation in 2020 also created an agricultural nonprofit, Gates Ag One, which focuses on bringing affordable solutions to small-scale farmers in sub-Saharan Africa and South Asia to improve crop productivity. The agriculture sector is important, he wrote. | Photo by Wikimedia Commons . While the Gateses are best known for their philanthropic work tackling large-scale societal problems, like funding the coronavirus vaccine and controlling malaria via the Bill and Melinda Gates Foundation, they have also invested in some companies rethinking food production and have endorsed the use of genetically modified seeds as one way to increase farming productivity and feed more people globally. In six years that number has more than doubled. Bill Gates' 20,000 acres in Nebraska help make him the top farmland owner in the U.S. Christopher Burbach Jan 24, 2021 Updated May 17, 2022 0 1 of 10 This cropland west of Malmo, Nebraska, is. 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. THE FACTS: As Elon Musks bid to purchase Twitter 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. That kind of hard work isnt what made him rich. Reed family: Land area: 1.7 million acres. You may have heard that Bill Gates owns a lot of land, but you may not know how much. Apparently Bill Gates now owns almost 242,000 acres of land in the United States. While the Gates own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'askbamland_com-medrectangle-4','ezslot_3',103,'0','0'])};__ez_fad_position('div-gpt-ad-askbamland_com-medrectangle-4-0'); This article will go into detail about how much land Bill Gates owns and why he owns so much. You can read more about us, here. The biggest shift in recent years from small to big farms was in the US. 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. He now owns more farmland than my entire Native American nation. Weve answered hundreds of questions from people regarding the buying and use of land. Weve never been one of the big institutional buyers of single family homes, BlackRock said in response to one tweet. 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. 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. The farmland was purchased through a constellation of companies that all link back to the couples investment group, Cascade Investments, based in Kirkland, Washington. *According to figures compiled by The Land Report in 2019. It was the highest priced land sale in the US that year. When Bill Gates, or whatever other investment arm owns the land, a farmer still needs to farm it. 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. In this country, enslaved Black labor first built US wealth atop stolen Native land. In fact, he owns some of the land that produces potatoes used to make McDondalds french fries. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. Farmland can be an investment in several ways. Now you have a foundation where the mission on one side is to save the world and to do all these wonderful things surrounding climate, and on the other side theyre investing in the exact same things that are causing the harm that the mission side is trying to protect, Mason said. 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. The foundation aims to support country-led inclusive agricultural transformation across sub-Saharan Africa and South Asia, according to its website. Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. In Washington, the Gateses own more than 14,000 acres of farmland that includes potato fields so massive that they are visible from space and some of which are processed into french fries for McDonalds. 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. The trend worries young farmers who cannot compete with the likes of Bill Gates when buying land, according to Holly Rippon-Butler, a farmer in upstate New York and the land campaigns director at the National Young Farmers Coalition. Gates portfolio comprises about 242,000 acres of farmland and nearly 27,000 acres of other land across 19 states, according to The Land Report, a magazine for land investors that tracks the nations biggest landowners. the latest American Housing Survey by the Census Bureau. 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. Gates diversified his investment portfolio through land ownership, but why? In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 acres. MINOT, N.D. North Dakotans like to pride themselves on being pro-property rights. Housecall is the official blog of RISMedia, covering real estate news and information for agents, brokers and their clients. Marjorie Taylor Greene SHAMES Former . If youre looking at what this means for farmers on the ground looking to access land, theres significant competition from nonfarmers, and that really affects young farmers because it means that the price that theyre trying to compete with on the marketplace is driven and determined by people who are not dependent on a farming income, Rippon-Butler said. In enrolling in Leading Harvest, Cascade has implemented new initiatives on its farmland holdings ranging from adding additional pollinator habitat in Nebraska to planting wildlife-friendly trees on dry pivot corners in Florida to hosting grain bin safety rescue training for the local community in Louisiana to converting numerous diesel power units to electric to reduce carbon output, to name a few, Zheren said. The tech mogul, who is the fourth richest person in the world with a net worth of $121billion, according to Forbes, has quietly built up a massive agriculture portfolio. (Google Maps), Image: The building housing the offices of Cascade Investment in Kirkland, Wash., on May 22, 2021. Renewable energy company Savion has an option to buy the property for what . The couple also snapped up an oceanfront home in San Diego County, California, last year, for a record making $43 million. His first major purchase was Bell Ranch in New Mexico, a 290,100-acre plain saturated with mesas, rimrock canyons, pastures and a bell-shaped mountain. The extensive tax avoidance by these titans of industry will always far exceed their supposed charitable donations to the public. 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 is best known for revolutionizing personal computing, but lately he's gotten back to the land. So if now the best farmers can do if you want to stay in farming is rent this land, you're not going to get the benefits that come with land ownership.. 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. Bill and Melinda have purchased numerous properties in Wellington, Florida, over the years. It also is a shareholder in the plant-based protein companies Beyond Meat and Impossible Foods as well as the farming equipment manufacturer John Deere. There farmers primarily grow soybeans, rice, corn and cotton. The tech mogul, who is the. Some of that land, including nearly 300 acres, was sold in 2019 to the California-based Grimmway Farms, the worlds largest carrot producer. And that its going to take big swaths of land, like what Bill Gates has taken, to do that, said Konda Mason, the founder and president of Jubilee Justice and Potlikker Capital, which funds and supports regenerative agriculture projects owned by people of color. The title for largest landholdings overall goes to US businessman John Malone, chairman of Liberty Media, who owns 2.2million acres. Both companies were founded in 2012 with the same address as Cascade Investments in Kirkland, which later changed its mailing address to a Louisiana post office box assigned to Oak River Farms, another subsidiary of Cascade. , said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. But why do a handful of people own so much land? The gun and the whip may not accompany land acquisitions this time around. The potential is endless. Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. 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. Malone made the decision to put billions of his wealth into land ownership after spending a summer working on a family farm in Pennsylvania. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. Brittany has been in the land business since 2020 when the world was starting to shut down. Bill and Melinda Gates also cracked the Land Report's Top 100 Landowners for the first time coming in at number 49. 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. 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. 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. The value depends on a lot of factors including location, type of land, acreage, supply, demand, and more. According to The Land Report, the Microsoft co-founder owns farmland across 18 states, with the largest holdings being in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588. Gates shares 95% of the ownership with Saudi Prince Alwaleed bin Talal. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. , an annual survey of the nations largest landowners. Farmer Bill. Media billionaire Ted Turner has also invested in 2 million acres of land (much of it rangeland and prairie, rather than cropland) and earned the distinction of being the largest private owner of buffalo herds that roam the 200,000 acres of his private ranch, The Guardian reported. The Land Report revealed that Gates, who has a net worth of nearly $121 billion according to Forbes, has built up a massive farmland . Several Properties in Wellington, Florida: $27.2 Million (Total). The 13,573-square-foot home has six bedrooms, 11 bedrooms and more luxury features than you can count. Farmland offers a strategy that is completely separated from his other wealth and investments. Gates has been buying land like its going out of style. Bruere said some states such as Iowa enforce foreign ownership restrictions to prohibit foreign ownership or limit . Bill Gates is now the largest private landowner in the country. The conservation of lands is important, he said. Gates achievement, according to the report, is that hes largest private owner of farmland in the US. 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. Private Residence at the Yellowstone Club in Big Sky, Montana: Estimated $5-25 Million. Purchased fromMadeleine Pickens, the former wife of Texas billionaire T. Boone Pickens, the property deal is one of the largest ever recorded in the area,The Wall Street Journalreported. While Gates owns nearly 270,000 acres of farmland across the US, he isnt the largest landowner in the country. Not only is it usable by you, but land can be used for so many different things. 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. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. Hes the landlord, or rather, the companies owned by his investment firm are the landlords. BILL Gates' $80billion property empire now hangs in the balance after he and his wife of 27 years announced they are divorcing. It also offers proven return rates. Theres a more cynical calculation. The sale was notable because it added to Gates' farmland holdings which includes large tracts of land in Illinois, Iowa, Louisiana, California, and about a dozen other states. Financial titans like Prudential and Hancock have divisions specifically for investors looking to make money on farmland portfolios. That land is now largely rented out to various farmers. Lets take a look at some of the reasons that land, particularly raw land, can be a good investment for Bill Gates or anybody else, including you. He owns 242,000 acres, which is equivalent to the area of Fannin County GA. Its a hedging strategy, said Daniel Bigelow, a professor of agricultural economics at Montana State University, who previously served as a USDA research economist. 2,167 acres. Not only that, but it fits in with Gates values as a philanthropist because he can keep the farmland healthy for future generations. We think we now know. 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. A survey of the Gateses farmland holdings shows that a broad range of the vegetables that Americans eat can be traced back to his land and that some of this land has also been owned by other billionaires. - 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. He also purchased the 800-acre Bridlewood Farms in Florida. He added: 'In addition, the states oldest winery, Chateau Ste. One per cent of the worlds farms control 70% of the worlds farmlands, one report found. The Microsoft co-founder faced several claims that he owned a majority of America's farmland earlier this year. Tuesday, the office of the Attorney General sent out a letter asking the Red River Trust to confirm how the company plans to use the land . Properties up for grabs include a $123million mansion with a trampoline room and a $43million oceanfront mansion with a ten-person jacuzzi.

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