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. And in Africa, there's a particularly prominent initiative driving corporate agriculture's agenda Bill Gates's Alliance for a Green Revolution in Africa (AGRA). He now owns more farmland than my entire Native American nation 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. Through Sierra Pacific, the family owns some 2 million acres in California and Washington. He owns a huge . It was the highest priced land sale in the US that year. Its soil health programme has set up 9000 dealers within 5 kilometres of farmers to sell them the supplies they need. The massive land grab by Gates last year gave the tech magnate his first appearance on The Land Report, a magazine that "provides news, information, and . Renmatix provides an innovative process that is an exciting pathway to pursue., He has not elaborated on his plans yet, but Gates will apparently use plant waste and biomass from his farmland to develop biofuels. 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. His environmental bent also extends to farming. When Ted Turner bought his Flying D Ranch in Montana in 1989, that was his personal passion, OKeefe says. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Gates and his wife own 269,000 acres of farmland. A new coalition of farmland owners, operators and environmental groups is working to come up with verifiable standards for sustainable farming. That means Bill Gates owns 378 square miles of the United States. How Much Land Does Bill Gates Own In Africa? North Dakota Agriculture Commissioner Doug Goehring told KFYR that public reaction to the purchase has been largely negative. The booming population of Africa looms over his foundation's latest global survey. Bill Gates is now the largest private farmland owner in the United States, according to a new report. The arrangement is simple, The Wall Street Journal wrote in a 2014 profile. The vision is to produce more efficiently, but to be aware that climate change is happening, and that we must use all best practices to allow farmers to adapt, says Guei. If the nations largest farmland owner can show that farming can be both sustainable and profitable, that will make a big difference. bill gates, BioFuel, biofuels, carbon dioxide, carbon emissions, clean technologies, climate change, Coronavirus pandemic, crops, decarbonized power transmission, desalinate, Energy Storage, environ, farmland, fossil fuels, genetic lunacy, GMOs, greenhouse gas emissions, harvest, plant-based protein, solar energy, synthetic meat, zero-carbon cement. It is 30 kilometres from Mwambaso, the village where she lives to the nearest town, Mchingi. African smallholders are often isolated, unable to get credit or find buyers for their produce. What made the difference was a boost in the productivity of her land. . Impossible Foods had seen a huge surge in demandfor its Impossible Burger product that year. The 65-year-old's holdings include 16,097 acres in Washington, 20,588 in Nebraska, 25,750 in Arizona . With the Washington state acreage and other recent additions to his portfolio, OKeefe calculated, Gates now owns at least 242,000 acres of American farmland. People want to know, Why does Bill Gates want all this land? , But hyper-wealthy people like Gates dont make every decision personally, OKeefe notes. 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. According to press reports, Gates farmland empire is mostly managed by a Cascade subsidiary called Cottonwood Ag Management. This isn't the first time Gates has called for higher taxes on the wealthy. But, Gates may not be the largest private-farmland owner for much longer. Meanwhile, American agriculture today is being transformed as farmers employ new technologies and Big Data to help them manage their crops. 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 McDonald's. And in Florida, farmers grow carrots on their property. Gates owns over 242,000 . The Microsoft co-founder is considered the largest private owner of farmland in the country with some 269,000 acres across dozens of states, according to last years edition of. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Forty percent of all children in sub-Saharan Africa are stunted. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Another is the possibility of cost competitive biofuels. Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more. Another notable acquisition was Cascade's $170 million purchase of 14,500 acres of farmland in Washington state from John Hancock Life Insurance in 2018. The Bill and Melinda Gates Foundation was launched in 2000 and has $46.8 billion in assets (December 2018). Many stories focused on Gates longstanding interest in climate change and sustainability and suggested those concerns might be driving the land purchases. Dr. Alan Busacca, professor emeritus at Washington State University, told Land Report at the time that the fertile land in the area was used for growing 'apples, cherries, carrots, dryland and irrigated wheat, and row and field crops'. When fully developed the area could be home to 200,000 residents and be similar in size to the Phoenix suburb of Tempe, The Land Report said. 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. *According to figures compiled by The Land Report in 2019. The tech billionaire, 65, owns 242,000 acres of agricultural land in 18 states His largest holdings are in Louisiana, Arkansas, Arizona and Nebraska; Gates owns total of 268,984 acres of land of . Amazing, if truebut its extremely not. Expanding the AGRA scheme was set to be high on the agenda, Jama says. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? Reed family: Land area: 1.7 million acres. 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. Stay up to date with what you want to know. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 . The entity shares the same address as Campbell Farms. Were connecting [smallholders] to the entire business chain, says Jama. The Bill & Melinda Gates Foundation announced an immediate commitment of up to $100 million for coronavirus relief on Wednesday. The Gates' portfolio of farmland covers 18 states. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. The family's 1.7 million acres of land are primarily spread across Washington, Oregon, and California. Inside Frogmore Cottage: Plush home Harry and Meghan have been 'evicted' from by King Charles boasts a roomy Sussexes' cheerleader Omid Scobie says Frogmore Cottage was Harry and Meghan's 'one remaining space in UK' A royal princess at Eton? Behind Gates in terms of investment in farmland are the cofounders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres. Follow Technocrats.newsfor more news and information related to Bill Gates and other big tech personalities. Her new house is made of brick and has a tin roof and two bedrooms. On average their farms yields have doubled (see chart below). Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. We hope by 2015 to have reached 20 million smallholders, says Bashir Jama of AGRA, who runs the organisations soil health programme. BILL Gates' $80billion property empire now hangs in the balance after he and his wife of 27 years announced they are divorcing.Properties up for grabs. Gear-obsessed editors choose every product we review. Berkshire Hathaway, Inc., Waste Management, Inc., Canadian National Railway Company, Caterpillar Inc., Walmart Inc., Four Seasons Hotel and Resorts & more are the companies owned by Bill Gates. I have invested in these farms to make them more productive and create more jobs. Sales of more than a thousand acres are blue-moon events, OKeefe noted, so this one stood out. 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. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions., According to the North Dakota Corporate or Limited Liability Company Farming Law, there are certain exceptions, such as permitting registered family farms or allowing the use of the land for business purposes., Wrigleys office said it had come to our attention that Red River Trust may have acquired land for farming or ranching in Pembina County on Nov. 4, 2021.. This high-tech metropolis could be both a breeding and testing ground for futuristic technologies.. The new green economy will mean new opportunities for land owners, OKeefe believes. 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. 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. 2 min read. 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. 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. Stan Kroenke: Land area: 1.4 million acres. 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. Why is Bill Gates buying up farmland across America? In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . As early as April 2021, Gates received flak for expressing his reluctance about sharing COVID-19 . But some of the software pioneers investments do reveal his grander goals. Banda is one of 1.75 million African smallholder farmers, 40 per cent of them women, enrolled in a $180-million five-year programme run by the Alliance for a Green Revolution in Africa. Sign up for notifications from Insider! Farmland has had a remarkably consistent ability to hedge against inflation, Sherrick says. 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. 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 Climate change is happening, and we must use all best practices to allow farmers to adapt. Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. 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. AGRA was established in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. 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. 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. Large investors usually work with expert advisors to help them acquire and manage their agricultural holdings. The company also took to Twitter to reject the false narrative. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. 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 . What does a technology pioneer want with agriculture? One other use for the farmland Gates has acquired is to grow crops for biofuels. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. How fitting! appeared to be earmarked for genetically engineered corn and soy crops, converts plant waste and biomass into sugars that can be converted into biofuels, Accumulation of ammonia from agriculture linked to cloud formations over Asia, Climate change propagandist Michael Mann calls for total censorship of anyone who disagrees with him (op-ed), Bidens claim that deadly Midwestern storms stem from human-caused climate change ripped as utter bulls**t by real meteorologist, Navigator Heartland Greenway using eminent domain to seize American farmland, construct CO2-sucking machines that will deprive crops of essential nutrient in the name of climate change, Deranged Canadian doctor diagnoses patient with climate change, South Pole records its coldest six months stretch, as Arctic Sea ice volume expands, nearing 20-year record, STUDY: Injecting sulfur into the atmosphere (as Bill Gates is doing) is a recipe for climate disaster, Due to changes in solar cycles, Earth could enter a period of GLOBAL COOLING, scientists warn, Kennedy Hall: Climate change and Covid pandemic are tools of control by global elites, Like COVID-19, climate alarmism is a tool global elites wield to control our lives, Mainstream media repeats debunked climate change claims pushed by The Lancet, Transport of tropical ocean heat causes over-estimation of global average temperatures, Three studies reveal natural phenomena, not humans, behind global warming, Convenient hypocrisy: Americans pay global warming tax while China pollutes, much like the Covid vax is mandatory for US citizens while the border is wide open, Larry Hamlin: Climate emergency is the product of propaganda and politics without scientific backing, Climate alarmists hype sea level rise by 2050, claim it could be 50 times greater than actual data, Facebook fact-checkers censor peer-reviewed scientific article proving the sun, not CO2, is responsible for climate change, Expert warns of weaponized weather being used against US power grids, STUDY: Excess CO2 is greening the planet, not killing it, Exceptional drought stressing crops in American West. 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