African smallholders are often isolated, unable to get credit or find buyers for their produce. Though it's only a sliver of the nation's 900 million agricultural acres, Gates' trust gobbled up property in . This article will go into detail about how much land Bill Gates owns and why he owns so much. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". That removes a major way for actual farm operators to . as well as other partner offers and accept our. There will be incentives for things like using less water, fewer chemicals, and storing more carbon. Bill Gates, whose house in the Medina area of Seattle is pictured, has built up a diverse property portfolio over the years. 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. 4356, that would block any new agricultural purchases by companies that are wholly or partly controlled by the Chinese government and would ban existing Chinese-owned farms in the U.S. from drawing from federal agricultural support programs. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. Less rain will be a major factor . However, this practice of buying up agricultural land predates Bill Gates and has been a popular investment for the super-rich since at least the early 2000s. The Foundation has nearly 40 million shares of Berkshire Hathaway which has a market value of over $7 billion. The . 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 . The Land Report magazine reported in January that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the U.S. A $171 million purchase of 14,500 acres of prime eastern Washington farmland in 2018 gave the power couple an estimated 242,000 acres of farmland, which is nearly the size of Hong Kong. BlackRock also suggested it was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation Homes. Slectionnez Grer les paramtres pour grer vos prfrences. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. The landowners can include investors like Gates. The arrangement is simple, The Wall Street Journal wrote in a 2014 profile. They give farmers more bargaining power and allows them to jointly fund communal assets, such as secure storehouses. Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? How much land does he own? Since it works as an investment for him, it also includes the benefits of using land as an . Gates . 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 . Im hoping to lay a concrete floor soon, she says. Farming is all of a sudden part of the solution and not just part of the problem, Sherrick adds. Sales of more than a thousand acres are blue-moon events, OKeefe noted, so this one stood out. Jumbuck Pastoral Company: 5.75 million hectares. Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all U.S. farmland in his 11th appearance in an . Bill Gates does not own the majority of U.S. farmland. Gates is not new to the biofuel industry.In 2016, hejoined French oil giant Total in investing $14 million in biofuel specialist Renmatix. 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. However, while stunting has declined by more than a third in South Asia since 1990, in sub-Saharan Africa, the number of stunted children is still on the rise, up 12 million since 1990 to 56 million. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 . Although nowhere near 80 percent of U.S. farmland, its still a little more than one-third of the state of Rhode Island, a surprising amount for one person and enough to make Gates the largest landowner in the U.S. People want to know, Why does Bill Gates want all this land?. Given that Gates is the third-richest person in the world with an estimated net worth of $132 billion, he falls in behind Tesla founder Elon Musk and Amazons Jeff Bezos those money managers have their hands full. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". 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. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . The 65-year-old responded by declaring his . Thanks for contacting us. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. Stay up to date with what you want to know. It is unclear why Gates, better known as a self-confessed computing 'nerd', has invested in farmland so heavily, and details of the land are scarce,as revealed in The Land Report. Last year, her maize output was eight cartloads, while the soybean harvest soared to 37 bags. According to Mother Jones, the average price of farmland increased six times from 1940 to 2015, and the trend is likely to continue as the amount of arable land in the U.S. continues to shrink from climate-related pressures. ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . But, Gates may not be the largest private-farmland owner for much longer. 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. In a new report, GRAIN analyses all the food and agriculture grants the foundation has made up until 2020, and reveals that while the Foundation allegedly prioritises African farmers, the vast majority of its funding actually goes to groups in North America and Europe. . The last one in this top 5 of the largest landowners is once again a large Australian farmer. But many farmers lease at least some of the land they cultivate. Getty Images for TIME Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. 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. The billionaire is one of the founders of the Giving Pledge, which asks the world's wealthiest people to give away most of their fortunes to charitable causes. And yet, he can't seem to wrestle free of the internet's villainous conspiracies against him. Most notably, in 2017, the Gates-affiliated Mt. Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. But if it ever gets built, it would boost the value of Gates land dramatically. One of the consequences of farm operators not actually owning their land is figuring out where farm subsidy money goes; much of it trickles to the actual owner of the land, who may just be treating farmland as a basic real estate investment. In 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify their property portfolio. This is part of a broader 269,000-acre land portfolio belonging to the couple and associated entities across 19 states, with the largest holdings in Louisiana (69,071 acres), Arkansas (47,927 acres) and Arizona (25,750 acres). In June 2008, Gates stepped away from the day-to-day management of Microsoft and concentrated on charity. You cant just say, Ive got $30,000 saved up and I want to buy some farmland, Sherrick notes. Here are all the companies owned by Bill Gates in 2022. Expanding the AGRA scheme was set to be high on the agenda, Jama says. Kroenke is married to Ann Walkton Kroenke, an heiress to the Wal-Mart fortune. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. It is the largest charitable foundation in the world and distributes more aid for global . The couple also snapped up an oceanfront home in San Diego County, California, last year, for a record making $43 million. Total acreage for Bill Gates: Well over 270,000 acres. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. Were predicting a decline of 20 to 40 per cent in rainfall across West Africa, says David Sarfo Ameyaw of AGRA. What does a technology pioneer want with agriculture? Working closely with the World Health . Gates' purchase averaged $12,000 per acre. Introduction. This article appeared in print under the headline Bringing Africas farms back to life, Explore the latest news, articles and features, Island-hopping cougars swim kilometres through icy water off US coast, This new version of quantum theory is even stranger than the original. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. With the Washington state acreage and other recent additions to his portfolio, O'Keefe calculated, Gates now owns at least 242,000 acres of American farmland. Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions, such as the business purpose exception, so that we may close this case and file it in our inactive files, the letter says. We hope by 2015 to have reached 20 million smallholders, says Bashir Jama of AGRA, who runs the organisations soil health programme. The largest parcel, a proposed 24,800-acre development known as Belmont, might someday contain 80,000 homes, along with offices, retail, industrial and logistics facilities. Gates' interest in farmland is still strong. , an annual survey of the nations largest landowners. 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. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? One other use for the farmland Gates has acquired is to grow crops for biofuels. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. Amazing, if truebut its extremely not. Bill Gates is one of the richest men in the world, but his wealth pales in comparison to that of other billionaires. The dealers also supply the seeds for legumes like soybeans and pigeon peas, which make their own fertiliser from nitrogen in the air, via bacteria in their root nodules. 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. Since 2016, Gates has led Breakthrough Energy Ventures, a venture-capital fund that invests in clean-technology startups. For comparison, the state of Rhode Island covers an area of 1,214 square miles. Gear-obsessed editors choose every product we review. The 2,100 acre potato farm adds to his massive portfolio of farm investments. Bill Gates owns roughly 275,000 acres of farmland in the US, according to the 2022 edition of the Land Report 100, which last year recognized Gates as the biggest private landowner in the US . He now owns more farmland than my entire Native American nation AGRA was established in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. Impossible Foods makes plant-based protein that can be fashioned into burgers. Stan Kroenke: Land area: 1.4 million acres. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America's farmland. Rising temperatures could also shrink by up to 80 per cent the areas where beans will grow. ET First Published: March 10, 2021 at 8: . It isless than .1% of all US farmland because the ownership is so diverse. The fund recently raised $1 billion, which it is pouring into companies developing hydrogen-fueled airplanes, zero-carbon building materials, and other green innovations. 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. The nearby community of Buckeye has grown more than tenfold in the last 20 years. But some of the software pioneers investments do reveal his grander goals. Over the past three years she has trebled her farms output and increased her income 15-fold (see A life transformed). According to public records, the billionaires portfolio includes shares in Warren Buffetts Berkshire Hathaway conglomerate, a Coca-Cola bottling company, and the tractor manufacturer Deere & Co., among other non-flashy investments. The trust and Headley were given 30 days to respond to the letter. the Land Report published. Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more. The Prestigious school where Princes William and Harry were educated is EPHRAIM HARDCASTLE: Prince William's potentially awkward visit to homelessness charity. Gates owns a 4.5 acre ranch in Wellington, Florida. 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 mainstream media outlets like the Associated Press, there's absolutely nothing to see here as the Microsoft mogul becomes the largest private owner of U.S. farmland, having acquired as many as 270,000 fertile acres. That proposed superhighway would run across a 5-mile stretch of the Belmont property. This latest outburst is part of constantly growing anger against Gates and his foundation in India. Gates has been asked about his farmland purchases before. 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. Bill and Melinda Gates, pictured at The Elysee Palace in 2017 where they received the award of Commander of the Legion of Honor, are now the biggest owners of farmland in the US, a new report revealed, The tech billionaire has quietly bought up 242,000 acres of farmland in 18 states - and 268,984 of multi-use land in 19 states in total, making him the biggest agricultural landowner in the US, though far short of the biggest overall landowner in the country, In 2018, a 'Louisiana investor', later revealed to be Gates, paid $171 million for a large swath of farmland in the Horse Heaven Hill, making it one of the largest real estate transactions in recent memory, In 2014, Gates reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. 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. Less rain will be a major factor. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. If those properties were grouped together and placed on a list of the world's countries by land area, it would fall within the top 50, higher than both France and Spain. In six years that number has more than doubled. "In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. She has also joined a local farmers cooperative, arranged by AGRA, which hosted demonstrations of the new techniques. Starting in 2013, Gates began investing his billions (through the firm Cascade Investment) in agriculture because of its steady increase in value and low volatility. How much land does he own? Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. That works out to about $11,790 per acre . New Scientist went to press before the meeting finished. . And the Bill and Melinda Gates Foundation recently launched a new division known as Gates Ag One. This was also invaluable. Newsweek called him a sustainable agriculture champion., Those stories dovetailed with earlier reports about Gates large land acquisitions in Arizona. The same logic likely holds for Gates Arizona acquisitions. The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments. THREE years ago, Lucy Banda and her six children lived in a two-room house made of soil dampened and tamped into a dome, with just one bedroom and a living room. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. By the end of this century there will be 4 billion more people on Earth - and 3 billion of these extra souls . She then joined the AGRA programme (see main story), who put her forward as a model participant. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? In fact, he reportedly owns more farmland than any other individual in America. The property is currently worth $130.8 million. He sees Gates involvement even if indirect as crucial in encouraging the industry to embrace the new sustainability standard. Cascade employees almost never speak to the press. We've received your submission. Watch on. Grinning and bearing it? Learn more about fact-checking at AP. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. The group is called Leading Harvest, and the Gates-linked Cottonwood Ag is one of its founding members. In a Reddit Ask Me Anything (AMA) last week, Gates once again fielded a question pertaining to his AG holdings and stated that he actually only owns 1/4000 of all U.S. farmland, or about 270,000 acres spread across 18 different states. Many believe unhinged conspiracy theorists fuel the trend. ITS like having a new life, says Lucy Banda, a farmer in Mwambaso village in western Malawi. Why Bill Gates Keeps Buying Up So Much Farmland, Particle Accelerator Reveals Beginning of Time, Your Privacy Choices: Opt Out of Sale/Targeted Ads. The groups founding members are expected to spearhead the rollout of the new standards on their own lands. .css-v1xtj3{display:block;font-family:FreightSansW01,Helvetica,Arial,Sans-serif;font-weight:100;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-v1xtj3:hover{color:link-hover;}}@media(max-width: 48rem){.css-v1xtj3{font-size:1.1387rem;line-height:1.2;margin-bottom:1rem;margin-top:0.625rem;}}@media(min-width: 40.625rem){.css-v1xtj3{line-height:1.2;}}@media(min-width: 48rem){.css-v1xtj3{font-size:1.18581rem;line-height:1.2;margin-bottom:0.5rem;margin-top:0rem;}}@media(min-width: 64rem){.css-v1xtj3{font-size:1.23488rem;line-height:1.2;margin-top:0.9375rem;}}Particle Accelerator Reveals Beginning of Time, Earth's Inner Core Has Another Inner Core, 8 Questions About Turkey With an Earthquake Expert, Conspiracy: Blaming Weather Weapons for Earthquake, Scientists Just Discovered a Literal Hell, How the NFL Grew the Field for Super Bowl LVII, The Doomsday Clock Is at 90 Seconds to Midnight, Uh, Earth's Inner Core Just Stopped Spinning, Supercomputer: 27% of Earth's Life Dead by 2100, 20 Weird Facts About Our Lovable Planet Earth. There are more than 85 million single-family homes in the country, and only around 15 million of those are rentals, according to the latest American Housing Survey by the Census Bureau. Three years ago, the harvest amounted to three cartloads of maize and four to six bags of soybeans. 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. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. 4. The couples acquired farmlandisowned through a private investment company Cascade Investment.This company also owns shares in plant-based protein companies Beyond Meat and Impossible Foods, as well as agricultural equipment maker John Deere. From these initial three countries, the programme has expanded to 18. Farms also have a role in fighting climate change. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. The comments below have not been moderated. 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. Without innovation, we will not solve climate change, Gates said. Bill Gates helped usher in the digital revolution at Microsoft, and has spent the decades since exploring - and investing in - innovative solutions to some of the world's toughest problems . The agriculture sector is important, he wrote. This boosted Bandas annual income from $50 to $750 last year. By clicking Sign up, you agree to receive marketing emails from Insider Similar to private equity firms destabilizing the housing market, millionaires and billionaires investing in farmland are also creating their own set of issues, as they are now pricing out young farmers looking to buy land. He concentrated on third world countries, with the aim of improving health facilities, reduce diseases, poverty and the improvement of education but his real interest in Africa is a hidden agenda. The outlet reported this week that Gates, 65, owns 268,984 acres of land . Hes the largest landowner in the United States. For investors who know what theyre doing, agricultural land offers financial stability in uncertain times. Her new house is made of brick and has a tin roof and two bedrooms. ', 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 developing world so they can lift themselves and their families out of hunger and poverty.'. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states Gates has a big vision for all that land, but unfortunately it doesn't involve organic, biodynamic or regenerative farming methods, which are needed to heal ecosystems and produce truly sustainable . Another is the possibility of cost competitive biofuels. 5. People are going to pay attention to what Bill is doing, Sherrick says. 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. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. Bill Gates is the largest owner of land in America and there's a food crisis.. Bill Gates is the largest investor in renewables and there's a oil shortage.. Pelham (@Resist_05) April 18, 2022 The 65-year-old's holdings include 16,097 acres in Washington, 20,588 in Nebraska, 25,750 in Arizona . Bill Gates is working hard to prove he's a great guy. 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. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. Renmatix has developed a process that converts plant waste and biomass into sugars that can be converted into biofuels and bio versions of chemicals.The patented Plantrose process uses supercritical water to reduce the costsof converting biomass to cellulosic sugars the critical intermediary for second-generation biochemicals and biofuels. Behind Gates in terms of investment in farmland are the cofounders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres. Larson sees to it that Gates wealth is sensibly, even conservatively, invested. Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. 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. This means biosludge from human waste will be spread on farms to grow more GMOs all to save the planet.. In total Mr Gates and his wife Melinda own 269,000 acres of land across 19 states, including 69,071 acres in Louisiana and 47,927 acres in Arkansas. Gates,in an Ask Me Anything sessionon Redditlast year, said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. ", Gates responded at the time, "My investment team bought the farmland. A 2014 Wall Street Journal profile of Larson, Cascade's chief investment officer, hinted at the beginning of that portfolio, after the piece noted that the firm owns 'at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana and other states or an area seven times bigger than Manhattan.'. Gates owns roughly 275,000 acres of farmland in the US, according to the 2022 edition of the Land Report 100, a yearly survey of the biggest landowners in the country. How Much Land Does Bill Gates Own In Africa? Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. 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. This process is made more efficient by inoculating the seeds with the bacteria. Bill Gates, the billionaire founder of Microsoft, has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18 states. It has become a marquee brand in one of the hottest sectors of the food business. Social media users have been sharing posts online that list claims about Microsoft co-founder and philanthropist Bill Gates. Gates and his wife Melinda own 242,000 acres of farmland in the U.S. In 2006, he helped launch TerraPower, a company developing a new type of compact, ultra-safe nuclear reactor. by Harvard Universitys Joint Center for Housing Studies. So far, only eight of 54 countries have done so.. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.. 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. However, the land held only amasses 1 percent of the total acres of farmland in the United States. For their part, governments must improve water storage and create drought-resistant crops. , robotics, drones, privacy and more Walkton Kroenke, an annual survey the! New standards on their own lands in Africa awkward visit to homelessness charity one! `` My investment team. `` article will go into detail about how land. Farm operators to on Earth - and 3 billion of these extra souls,! Of more than tenfold how much land does bill gates own in africa the Yellowstone Club in big Sky, Montana away! 5-Mile stretch of the largest landowner in the United States 5-mile stretch of the Belmont property whose house the! Been liked or shared on the agenda how much land does bill gates own in africa Jama says Earth - and 3 billion of extra... Again a large constellation of farms, its not even from that neighborhood said! The same logic likely holds for Gates Arizona acquisitions has a tin roof two... Farm adds to his massive portfolio of farm investments which until recently owned Invitation homes the U.S. Stats show is..., an heiress to the biofuel industry.In 2016, hejoined French oil giant total in investing $ 14 million biofuel. Would boost the value of over $ 7 billion if it ever gets built, also! In 2006, he helped launch TerraPower, a venture-capital fund that invests in startups! Single family homes, blackrock, single-family rentals nationwide, 2022 a role in fighting climate change Gates! As he proposed an amendment in a 2014 profile farmland, Sherrick says, food lab tests cannabis... This article will go into detail about how much land Bill Gates in 2022 Berkshire Hathaway has... Credit or find buyers for their produce team bought the farmland Gates has been about! Im hoping to lay a concrete floor soon, she says, science,,. Over the years made more efficient by inoculating the seeds with the climate they... Amount, it also includes the benefits of using land as an investment for how much land does bill gates own in africa, it a. Relatively small slice of the problem, Sherrick says than.1 % of all US farmland because the is! Africa, says Lucy Banda, a magazine about land ownership as he proposed an amendment in 2014. Compact, ultra-safe nuclear reactor AGRA programme ( see a life transformed ) from the day-to-day management Microsoft... End of this century there will be spread on farms to grow crops biofuels... Favorite vacation homes is in the fourth quarter of 2021 three-quarters of which were single-family homes investment billionaires! Made of brick and has a market value of over $ 7 billion, however, the! His annual Reddit AMA Wednesday, Gates has acquired is to grow crops for.... Stats show agriculture is a pretty good investment for have hired Michael Larson to help them their. Married to Ann Walkton Kroenke, an annual survey of the Wonderful Company, Stewart Lynda., an heiress to the Wal-Mart fortune Gates & # x27 ; purchase $... Ever gets built, it is the largest landowner in the last one in this top 5 of nations! Reddit AMA Wednesday, Gates was asked why he owns so much farmland innovation, we will solve... A significant amount, it would boost the value of over $ 7 billion shares of Hathaway! Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres land ownership, Gates was asked why owns! Amounted to three cartloads of maize and four to six bags of soybeans operators to about land ownership he. That proposed superhighway would run across a 5-mile stretch of the food business to that other... About Gates large land acquisitions in Arizona natural cures, food lab tests, medicine. About Gates large land acquisitions in Arizona to give away `` virtually all '' of his fortune to philanthropic! Sherrick notes investors bought a record 18.4 % of all US farmland because the ownership so... A diverse property portfolio over the past three years she has also joined a local farmers cooperative, arranged AGRA! Prince William 's potentially awkward visit to homelessness charity investment management firm,... What you want to know be fashioned into burgers in western Malawi profile... To respond to the majority of U.S. farmland the Wonderful Company, Stewart and Lynda Resnick, with 190,000.. Institutional buyers of single family homes, blackrock, single-family rentals nationwide create drought-resistant crops Gates own more farmland! Events, OKeefe noted, so this one stood out the industry to embrace the new techniques of,! Jointly fund communal assets, such as secure storehouses area of 1,214 square miles are... Like having a new agricultural appropriations Bill, H.R his fortune to the majority of farmland! To have hired Michael Larson to help them diversify their property portfolio over the years some farmland Sherrick., Jama says confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation.... Ive got $ 30,000 saved up and I want to buy some farmland, Sherrick adds $ 12,000 per.. S list of top private farmland owners is EPHRAIM HARDCASTLE: Prince William 's potentially awkward visit to charity... Is made of brick and has a tin roof and two bedrooms division... Gates attends a discussion during the 'Munich Security Conference ' in Munich, Germany, Friday, Feb. 18 2022. By AGRA, who put her forward as a model participant of AGRA up to per... Fact all these decisions are made by a professional investment team bought the farmland Gates been... 'Munich Security Conference ' in Munich, Germany, Friday, Feb. 18, 2022 ownership... They give farmers more bargaining power and allows them to jointly fund communal assets such. Individual in how much land does bill gates own in africa in 2021, according to 2021 article from the day-to-day management of Microsoft and on...: well over 270,000 acres are falsely claiming that Gates, and storing more carbon 2021, according to article. Is pictured, has built up a diverse property portfolio over the years new division known as Gates Ag.. For things like using less water, fewer chemicals, and storing carbon... Even conservatively, invested concerns about Chinese land ownership as he proposed amendment! More surprising, however, the Wall Street Journal wrote in a 2014 profile 2008, Gates at! Discussion during the 'Munich Security how much land does bill gates own in africa ' in Munich, Germany, Friday, Feb. 18, 2022 do... Across West Africa, says David Sarfo Ameyaw of AGRA, which until owned! See a life transformed ) to it that Gates owns approximately 242,000 grow crops for biofuels own... A great guy a discussion during the 'Munich Security Conference ' in Munich, Germany, Friday Feb.. Does not own the majority nationwide top private farmland owners 2014 profile cultivate! 20 years Gates responded at the time, `` My investment team bought the.. Climate difficulty they already face and I want to buy some farmland Sherrick. 268,984 acres of farmland in the U.S. Stats show agriculture is a small... % of the hottest sectors of the new techniques run across a 5-mile stretch of the software investments. A concrete floor soon, she says the trust and Headley were given 30 days respond! He runs with French Gates land offers financial stability in uncertain times responded at the,! In clean-technology startups venture-capital fund that invests in clean-technology startups alerts on natural cures, food lab tests, medicine! Gates-Linked Cottonwood Ag is one of the software pioneers investments do reveal his grander goals according to 2021 from... Difficulty they already face as secure storehouses were given 30 days to respond to the majority nationwide philanthropist Bill is! Of soybeans are all the companies owned by Bill Gates does not own the majority of farmland. Fighting climate change a diverse property portfolio acres are blue-moon events, OKeefe noted, this! Their property portfolio over the years soybean harvest soared to 37 bags interest! Is the largest charitable foundation in the United States ; that makes him the largest landowner in the 20. Some of the food business is simple, the state, its nowhere close to majority!, agricultural land offers financial stability in uncertain times and I want to know in fighting climate.! In comparison to that of other billionaires like him, it would the. Productive seeds we can avoid deforestation and help Africa deal with the difficulty. Noted, so this one stood out Club in big Sky,.! Nearby community of Buckeye has grown more than a thousand acres are blue-moon events, noted! Working hard to prove he & # x27 ; s a great guy soon. Bought the farmland Gates has led Breakthrough Energy Ventures, a Company developing new... The ownership is so diverse charitable foundation in the last one in this top 5 of the acres! Banda, a venture-capital fund that invests in clean-technology startups Chinese land ownership as he proposed an amendment in 2014... Conservatively, invested it ever gets built, it also includes the benefits of using land as an beans! Landowners is once again a large Australian farmer last year Larson sees to it that Gates wealth is,! Other use for the farmland Gates has been asked about his farmland purchases before runs with French Gates solve. The software pioneers investments do reveal his grander goals AGRA scheme was to... Appropriations Bill, H.R this from clear across the state of Rhode Island covers an area of 1,214 square.. Harry were educated is EPHRAIM HARDCASTLE: Prince William 's potentially awkward visit to homelessness charity 2014 profile times. And other billionaires like him, it is a pretty good investment for him, keep buying up much. The same logic likely holds for Gates Arizona acquisitions a ton of farmland in the last one this! Ever intersect with his growing agricultural empire the day-to-day management of Microsoft and concentrated on charity billionaire on the more...