where is bill gates' farmland in michigan where is bill gates' farmland in michigan

But the fact remains, as the Daily Mail notes, Gates computer "nerd" and vaccination enthusiast "has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18 states.". It has been very fulfilling for me and is my full time job," Gates continued. 727-821-9494. stated on January 22, 2023 in an Instagram post: The U.S. chicken and egg shortage is linked to Bill Gates. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley. Other factors are pandemic-related supply chain issues andholiday demand. Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Here in Michigan, roughly 1.35 million acres of ag land is held by foreign investors and nearly 90% of this land is in forests. Cascade Investment began purchasing farmland in significant strides in 2013. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Also, because youre investing in the land itself, your investment not only is quite resistant to depreciation, but also provides some solid tax benefits due to be land ownership. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. He has been buying thousands of acres across America. However, there are also countless farmland investing platforms gaining traction now too. During his 11th appearance in the "Ask Me Anything" . researchers warned about the potential risk of a global food shortage, currently no nationwide food shortages in the United States, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal, 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, you'd cover an area about a quarter the size of Rhode Island, Gates was putting microchips into vaccines, Gates had input tracking devices into vaccines, vaccinations as a way to depopulate the planet. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. Essentially, by year 2030, the estimated results of what carbon emissions (and their effect on the environment) will look like in 2050 will be decided in full. Billionaire philanthropist and Microsoft Corp. co-founder Bill Gates has found himself at the center of yet another online conspiracy theory. 2022. The total portfolio of farmland is worth well over $700 million. It has also funded myriad research facilities and humanitarian operations, focusing on overcoming diseases, climate change, agricultural research, and health and nutrition in underdeveloped areas. Gates also owned up to the various failures in their initiatives, and admitted that they try their best to leverage the expertise and wisdom from the community leaders present in the areas they aid. In the past, Gates has invested in companies developing artificial or plant-based alternatives to meat, and he is currently the countrys largest private farmland owner, according to The Land Report, a magazine that surveys the countrys largest landowners annually. The old saying about land is they aren't making any more of it. Supply and demand? An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. In January 2021, Bill Gates became the largest owner of farmland in the United States. The . State law prohibits corporations, LLCs, and trusts from farming or ranching activities. See here for a complete list of exchanges and delays. On social media, we found people claiming, for example, that Gates owns the "majority" of U.S. farmland -- 80%, they claimed -- and that Gates is trying to buy up "all" of the farmland. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. Amazon founder Jeff Bezos . While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. Why doesnt everyone just invest in farmland then? Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Check out:How To Invest In Real Estate With $100. ", Gates responded at the time, "My investment team bought the farmland. The Gates Foundation has seen steady success and growth since their launch, funding science, research, agriculture and education. It's hard to visualize just how much land 242,000 acres amounts to unless . What does Weyerhaeuser have to do with Michigan? Please let us know if you're having issues with commenting. Farmland Riches, LLC and the owners may have investments in companies represented on the AcreTrader platform. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? Hint, It's Not Bill Gates, Bezos-Backed Startup Lets You Become A Landlord With $100, Try the tool that will help you invest smarter, faster, and better, Bill Gates Finally Explains Why He's Buying So Much U.S. While there are currently no nationwide food shortages in the United States, nor widespread disruptions in the supply chain, the potential of such shortages caused many people to feel that their food security was suddenly uncertain. As the Land Report notes, 24,800 acres of the land istransitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the mostpopulous city in Arizona. As more investors look to buy land, those who got in earlier are poised to benefit from the appreciation of the land value. Oct 22, 2014. 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. Those people are upset, but there are others that are just livid about this.. Owning farmland is one of the most prudent financial investments to make now. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. As of October 2021, the Asian nation owns $1.065 trillion, or about 3.68%, of the $28.9 trillion U.S. national debt, which is more than any other foreign country except Japan. Bill Gates reportedly owns more farmland than anyone else in the United States. Digital IDs were given to residents in East Palestine, Ohio, to track long term health problems like difficulty breathing before the Feb. 3 train derailment. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Gates has been asked about his farmland purchases before. What Part Of Michigan Is Considered The Upper Peninsula? He responded that it was a decision his investment group made. 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). 33701 Gates believes that subsistence farmers and impoverished peoples will be among the most affected by climate change. False. These posts were flagged as part of Instagrams efforts to combat false news and misinformation. Gates owns less than 1% of the nations farmland. Not all of these owners are American; in fact, the portion of farmland that is foreign-owned has grown about 60 percent in the last decade, from 22 million acres in 2009 to 35.2 million . What special interest does Bill Gates have in farmland? Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. Some of the biggest critics of Gates have deemed his philanthropy as a budding technocracy a tyranny of experts that both centralizes power into a private corporations interests. In the wake of this uncertainty, unfounded rumors began to spread that attempted to lay the blame for any coming food shortages on nefarious forces. Recently, NBC News reported that Bill Gates along with his estranged wife Melinda Gates had acquired more than 269,000 acres of farm in the United States in the past 10 years. In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. Thus, before we answer these questions, we are going to provide a brief summary of his financial history. Another meme circulating online reads: Bill Gates is buying all the farmland. According to 2021 article from the Land Report, a magazine about land. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Stay up to date with what you want to know. 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). Mr. Gates owns about 97,934 hectares, accounting for about 0.03% of . In fact, Gates is the owner of over. So while Dan Gilbert owns the most property downtown, his 30-odd buildings seem small compared to what Kelly, Tatarian, Moroun, and others own. His . An archived version of the tweet can be found (archive.ph/8Tq36). Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. Though the Gates Foundation has spent so much time and resources on helping humanity more than any other private entity in history the sheer power their enterprise wields has drawn the attention and fear of many. 1800 I Street NW Another main feature of the Big Bet is the implementation of the culmination of the Gates Foundations research: specialized GMO seeds for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant. Across the nation, Gates' affiliates . Since 2020, Gates has held the title of the nations largest private farmland owner, per The Land Report. Earlier this week,North Dakota State Attorney General Drew Wrigley wrote a letter to Red River Trust, stating that its corporations and LLCs were prohibited from owning or leasing farmland or ranchland in the state of North Dakota. Wrigley added that these entities were banned from engaging in farming or ranching.. 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. One main benefit to alt assets especially for those whore heavily invested in the stock market is, another scenario where more traditional assets like stocks and, Also, because youre investing in the land itself, your investment not only is quite resistant to depreciation, but also provides some, Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that, American farmland produces a lot of exports, exposing you to political risks, Its a little harder to break into farmland than other assets, though this is changing, In the same way you can invest into ETFs (Exchange Traded Funds) in the stock market, there exist similar products for farmland called, Bill and Melinda released their latest initiative, , While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. 1995 - 2023 by Snopes Media Group Inc. In 2020, there were 166 such funds globally, nearly a 9x increase from only 19 in 2005. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. No one but Bill Gates knows that answer. Our Standards: The Thomson Reuters Trust Principles. Bill Gates investments in farmland can be seen as part of this trend. The buyer, Red River Trust, is tied to Bill Gates, the largest farmland owner in the US. (here). There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". 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.. This is especially helpful if, say, the stock market crashed, and you had a more aggressive stock portfolio (or any large stake in stock at all). Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. Click here to view current offerings on AcreTrader! F' off Gates! Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years. According to lovemoney.com, the church owns more than 70 million hectares. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.". Thus, in Gates mind, its extremely important to help empower these developing peoples before that year comes to fruition. According to a January 2021 article by The Land Report, Gates owned 242,000 acres of farmland through two investment management firms - Cottonwood Ag Management and Cascade Investment (here). Bill Gates is America's biggest farmer, his 269000 acres farmland grows potatoes and carrots Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. According to OKeefe, Gates isnt the only one making moves on the farmland market, especially as farm real estate values nationwide increased 7% from 2020 to $3,390 per acre. Bill Gates owns massive parcels of farmland. 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. Costs are expected to fall in the coming weeks as egg-laying flocks are restored. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Bill Gates Uses Farmland as Investment Vehicle, Owning 269,000 Acres of Land. NBC News, https://www.nbcnews.com/now/video/bill-gates-is-nation-s-largest-farmland-owner-114566213692. While Microsoft took a major hit in the tech crash of 2000, Bill Gates portfolio with Cascade would gain around 40% return in that same year. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. Momentum accelerated during the 2008-2009 Great Financial Crisis, when investors grew desperate for alternatives to traditional safe haven investments like bonds and gold. Louisiana is the top state. Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. In the past 20 years, the foundation has grown to hold over $48 billion. Gates' interest in farmland is still strong. KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. Are you ready for alternative proteins made from a volcanic microbe? Microsoft founder and billionaire turned philanthropist Bill Gates recently laid the long-time conspiracy theory that he owns some 80% of all U.S. farmland to rest in his 11th appearance in an Ask Me Anything (AMA) session on Reddit. Bill Gates and conspiracy theories go together like peanut butter and jelly. Here are a few likely reasons why Bill Gates is scooping up farmland: Whatever you may think about the man himself, he has consistently made investing choices that brought him unusual and incredible returns, and this has brought him great wealth when others made the wrong fiscal moves, and lost much. Pregnancy tests include a hidden Plan B pill. Either that or I had a screw loose. Some experts have pointed to Gatess well-known sustainability and green tech initiatives as a possible reason, but during an earlier Reddit AMA in 2021, Gates said, my investment group chose to do this. Don't miss real-time alerts on your stocks - join Benzinga Pro for free! What Bill Gates has to do with livestock, lab-grown meat, Eggflation? What is the most profitable crop in Michigan? Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that farmland returns historically out performs most other investment vehicles, and is also comparatively the least volatile asset among the bunch. 22. For context, Invitation Homes and American Homes 4 Rents combined homes would be less than 1% of the 17.16 million homes, if total housing numbers stayed the same in the last three years. I have written several articles on postings related to Big Tech, Social Media and Corporations. Zu den grten Gates-Unternehmen zhlen etwa Betriebe mit 27.952 Hektar in Louisiana, 19.395 Hektar in Arkansas, 10.420 Hektar in Arizona, 8.331 Hektar in Nebraska und 6.514 Hektar im Bundesstaat. As per the report, the Gates have their own land in at least 18 American states. Pates wrote that while "nobody involved in the deal seems eager to talk about it," public records connected Gates and the buyer, Red River Trust. In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. Accessed 28 Apr. Thetech billionaire owns69,071 acres inLouisiana,47,927 acres inArkansas, and 20,588 acres inNebraska. By divesting his personal wealth from his own thriving tech company, and diversifying into myriads of other non-tech based businesses, he was not only exceptionally protected against the tech crash of 2000, but made out like a bandit. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. 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. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). How Many Hours Is It From Detroit To Michigan? Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . 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. St. Petersburg, FL What Happened: Gates answered dozens of questions over the course of a few hours during the AMA, including: Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire?, He responded, I own less than 1/4000 of the farmland in the US. Former Microsoft CEO Bill Gates owns a majority of America's farmland. Bill Gates is well-known for building Microsoft, but it's a lesser-known fact that he's also the biggest private landowner in the US. While much of this land was transferred to the new state of Hawaii in 1959, the federal government did keep some. But there is no evidence these investments are linked to a nationwide shortage in chicken and egg products. Breitbart News previously reported that Gates is Americas largest private owner of farmland. 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Perhaps history is repeating itself? His idea, like many others, was to diversify his investments across different asset classes. Talk about big bets. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions. Which Billionaire Owns The Most Land In The U.S.?