Gates and his wife Melinda own 242,000 acres of farmland in the U.S. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm. AGRA was established in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. (Related:Why is Bill Gates buying up farmland across America?). 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. Less rain will be a major factor . 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 . As Slate financial writer Henry Grabar concluded, the proposed town of Belmont is not a city, nor is it smart, nor does the Microsoft founder appear to be involved in any meaningful way.. 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? The couple also snapped up an oceanfront home in San Diego County, California, last year, for a record making $43 million. How Much Land Does Bill Gates Own In Africa? 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 . Slectionnez Grer les paramtres pour grer vos prfrences. by Harvard Universitys Joint Center for Housing Studies. He warned us about a pandemic, he dedicates . NY Post Gates is said to own nearly 270,000 acres of farmland nationwide. Cascade employees almost never speak to the press. Large investors usually work with expert advisors to help them acquire and manage their agricultural holdings. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. 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. ', 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.'. In this excerpt, Young claims that the founder of Microsoft said that 3 billion people need to be eliminated from earth, starting with Africans: "For the purpose of sterilisation and population control, there are too many people on the planet we need to get rid of. One answer might surprise you: While trying to track down who recently purchased 14,500 acres of choice farmland in Washington state's Columbia River Basin, researchers at The Land Report discovered the new owner was Microsoft co-founder Bill Gates. The project isnt yet funded. 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. 5. As early as April 2021, Gates received flak for expressing his reluctance about sharing COVID-19 . AGRAs methods are one way to do so. 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. Most of us imagine farmers tilling the soil that has been in their families for generations. Mr. Published: 23:06 GMT, 15 January 2021 | Updated: 07:04 GMT, 16 January 2021. 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. A more in-depth look at the facts makes a compelling case against the billionaire. Red River Trust filed paperwork with the office of the secretary of state of North Dakota on Feb. 15 of this year. Posted by Triple Net Matt July 4, 2022 Posted in commercial real estate Tags: bill gates, commercial broker, commercial real estate, net lease, nnn, STNL. ", Gates responded at the time, "My investment team bought the farmland. 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. They give farmers more bargaining power and allows them to jointly fund communal assets, such as secure storehouses. Gates is also number 49 on a list of individuals, families, and businesses who own farmland in the states. 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. 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. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. Stay up to date with what you want to know. This process is made more efficient by inoculating the seeds with the bacteria. APS ASSESSMENT: False. The title for largest landholdings overall goes to US businessman John Malone, chairman of Liberty Media, who owns 2.2million 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. At least thats what the developers partnered with Gates investment group have promised. With proper techniques, the carbon from decaying plant matter can be kept safely in the soil, rather than entering the atmosphere in the form of carbon dioxide. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. 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. A corporation or LLC found in violation of the law has up to a year to divest itself fromt he land or face a penalty up to $100,000, according to the letter. Investors generally are nevertheless buying an increasing share of the U.S. housing market. According to the Journal, they are even discouraged from using Facebook and other social-media platforms. That immediately set off alarm bells, OKeefe says. The outlet reported this week that Gates, 65, owns 268,984 acres of land . What does a technology pioneer want with agriculture? Africas farmers have a lot of problems, but one of the biggest is poor soil. The landowners can include investors like Gates. In 2006, he helped launch TerraPower, a company developing a new type of compact, ultra-safe nuclear reactor. This high-tech metropolis could be both a breeding and testing ground for futuristic technologies.. The arrangement is simple, The Wall Street Journal wrote in a 2014 profile. You cant just say, Ive got $30,000 saved up and I want to buy some farmland, Sherrick notes. Forty percent of all children in sub-Saharan Africa are stunted. He now owns more farmland than my entire Native American nation 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. Couple find note in chimney that reveals their 290,000 house was 100 times cheaper 50 years ago. What made the difference was a boost in the productivity of her land. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. Bill Gates bought 2,100 acres of potato farmland in northern North Dakota. She is thinking of buying land to build a house for renting, and a truck to allow her to trade her merchandise more widely. Working closely with the World Health . Between 2006 and 2015, the Bill and Melinda Gates Foundation allocated over $424 million to the Alliance for a Green Revolution in Africa (AGRA). Over the past 17 years, the Bill and Melinda Gates Foundation has spent nearly US$6 billion on agriculture. Farms also have a role in fighting climate change. Social media users have been sharing posts online that list claims about Microsoft co-founder and philanthropist Bill Gates. Access your favorite topics in a personalized feed while you're on the go. 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. 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. It has been very fulfilling for me and is my full time job," Gates continued. The same Gates Foundation which is behind every aspect of the COVID-19 pandemic from financing much of the WHO budget, to investing in favored vaccine-makers like Moderna, is engaged in a major project in Africa which is destroying traditional small farmer production of essential food crops in favor of monoculture crops and introduction of expensive chemical fertilizers and GMO seeds that are . . For now, though, all that smart city talk is more than a little premature. 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. Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. Her new house is made of brick and has a tin roof and two bedrooms. 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. Bill Gates' Mega House - $154 Million. 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. AGRA farms are key suppliers, says Gudmunds. 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. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. In reality, the idea that Bill Gates was single-handedly reinventing farming or designing cities of tomorrow was almost entirely speculation. Introduction. 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 . That makes January 13, 2000, a key date in "Bill Gates history," because it's the day he stepped down as CEO of Microsoft and began to devote himself to becoming one of the world's most-celebrated . Impossible Foods had seen a huge surge in demandfor its Impossible Burger product that year. Gates has been asked about his farmland purchases before. Who knows. And yet, he can't seem to wrestle free of the internet's villainous conspiracies against him. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. The other major problem AGRA is aiming to solve is lack of infrastructure. However, the land held only amasses 1 percent of the total acres of farmland in the United States. 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. 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. Three-quarters of them live in South Asia and sub-Saharan Africa. BlackRock also suggested it was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation Homes. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. 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. Gates reportedly paid nearly $1,041,293 in property taxes in 2017, for this property. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. 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. Since 2017 he reportedly holds a significant stake in 24,800 acres of land on the west side of Phoenix. That proposed superhighway would run across a 5-mile stretch of the Belmont property. It isless than .1% of all US farmland because the ownership is so diverse. 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. . Microsoft co-founder Bill Gates finally revealed the reasons behind his massive purchase of farmland: seed science and biofuel development. Newsweek called him a sustainable agriculture champion., Those stories dovetailed with earlier reports about Gates large land acquisitions in Arizona. Of those rentals, less than a third are owned by non-individual investors, according to a 2022 report by Harvard Universitys Joint Center for Housing Studies. Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more. The Gates' portfolio of farmland covers 18 states. It is 30 kilometres from Mwambaso, the village where she lives to the nearest town, Mchingi. Most likely, it is just one more asset in Gates vast portfolio, quietly appreciating in value while the billionaire himself remains at arms length. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? 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. If the nations largest farmland owner can show that farming can be both sustainable and profitable, that will make a big difference. . He assigned his research team to dig a little deeper. North Dakota Agriculture Commissioner Doug Goehring told KFYR that public reaction to the purchase has been largely negative. Through Sierra Pacific, the family owns some 2 million acres in California and Washington. The investment companys single largest acquisition of farmland came in 2017 when it paid $520 million to purchase 61 properties from the Canada Pension Plan Investment Board (CPPIB). Gates' interest in farmland is still strong. Get the world's best independent media newsletter delivered straight to your inbox. The entity shares the same address as Campbell Farms. 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. Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. 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. 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). 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. 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. In the future, farmers will be paid for sustainability, says Sherrick, who sits on the groups board. Banda has also been able to buy an ox cart and pay school fees for one of her children. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. 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. Hearst Magazine Media, Inc. All Rights Reserved. Their largest holdings are 69,071 acres in Louisiana, 47,927 acres in . And thats where the land purchases come in. Three years ago, the harvest amounted to three cartloads of maize and four to six bags of soybeans. He also bought farmland in Washington state in 2018, The farmland was bought by the couple, pictured at Lincoln Center in New York in 2017, mostly through their investment company, Cascade Investments, and is not connected to the Bill and Melinda Gates Foundation, which also works to help support farming. We hope by 2015 to have reached 20 million smallholders, says Bashir Jama of AGRA, who runs the organisations soil health programme. According to the Winter 2020 issue of The Land Report, a quarterly magazine that tracks U.S. land sales, Bill and Melinda Gates now own 242,000 acres of farmland worth "more than $690 million . 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. 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 . Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America's farmland. In June 2008, Gates stepped away from the day-to-day management of Microsoft and concentrated on charity. P4P aims to link the smallholder farmers explicitly into the process. The agriculture sector is important. 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. 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. That means Bill Gates owns 378 square miles of the United States. Its goal is to help eliminate the need for animals from the meat supply by 2035, but its products rely on GMOs and heavy use of herbicides and pesticides. 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. The six-bed Del Mar home, which boasts a ten-person jacuzzi and swimming pool overlooking the ocean, was bought by the couple in late Marchas the international coronavirus pandemic began to take hold. Gates is not new to the biofuel industry.In 2016, hejoined French oil giant Total in investing $14 million in biofuel specialist Renmatix. Less rain will be a major factor. Weve never been one of the big institutional buyers of single family homes, BlackRock said in response to one tweet. 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. Gates, the billionaire tech mogul and philanthropist whose net worth was pegged by Bloomberg at $113 billion, has quietly amassed nearly 270,000 acres of farmland across the country, according to the Associated Press. owns the patent of the COVID-19 virus. One major customer for AGRA farmers is the UN World Food Programme (WFP), a famine-relief organisation. The Gates Foundation's trust invests in the same companies it serves through its development programs, including Monsanto, BASF, Coca Cola, PepsiCo, Unilever, and many others. 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. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. But the details are murky, and there is no evidence that the billionaires farmland-buying spree is driven by anything more than a desire to have a well-diversified portfolio. So AGRA is putting farmers in touch with everyone from financiers who offer microcredit to agents who buy produce for sale elsewhere. Learn more about fact-checking at AP. 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. Were predicting a decline of 20 to 40 per cent in rainfall across West Africa, says David Sarfo Ameyaw of AGRA. 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. But a Gates spokesperson said in a statement on Friday that the claim that hes bought the majority of the nations farmland is false, pointing to. False. But, while Belmont might not be a smart city, it still looks like a smart investment. Meanwhile, American agriculture today is being transformed as farmers employ new technologies and Big Data to help them manage their crops. Almost 300,000 acres is a lot of land for one family or private individual to own, but it's still just a small part of the estimated 911 million acres of farmland in the US. Today, Bill Gates owns 242,000 acres of farmland in 19 states. He has very competent investment managers.. And it tends to be negatively correlated against other investments, he adds: If the stock market is going down, the return on farmland is likely to be going up. Reed family: Land area: 1.7 million acres. Gates' purchase averaged $12,000 per acre. Investment guru Michael Larson, who has worked with Gates since 1994, runs the Washington-based Cascade Investment, as well as supervising the Bill and Melinda Gates Foundations nearly $50 billion endowment. This isn't the first time Gates has called for higher taxes on the wealthy. Without innovation, we will not solve climate change, Gates said. 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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. But it also means we can devote less of the planets surface to farmland, which is good news for forests and ecosystems. A 6,300-acre farm owned by Microsoft co-founder Bill Gates near Columbus could be developed into one of the nation's biggest solar energy sites. This parcel apparently makes up the bulk of the billionaire couples farmland holdings. He said he did so to make the farms "more productive" and "create more jobs," adding that it was his investment team that made the decision. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. John Malone is the largest private landowner in the United States. Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. "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. 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 . How much land does he own? Follow Technocrats.newsfor more news and information related to Bill Gates and other big tech personalities. This latest outburst is part of constantly growing anger against Gates and his foundation in India. Watch on. The last one in this top 5 of the largest landowners is once again a large Australian farmer. Most notably, in 2017, the Gates-affiliated Mt. Farming is all of a sudden part of the solution and not just part of the problem, Sherrick adds. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. His magazine, The Land Report, tracks major land transactions and produces an annual list of the 100 biggest US landowners. The commitment is a ten-fold increase from the foundation's . This means biosludge from human waste will be spread on farms to grow more GMOs all to save the planet.. 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Is best-known for cofounding Microsoft, but he 's also a major US,! Technologies and big Data to help them acquire and manage their agricultural holdings time Gates has been about. In Louisiana, 47,927 acres in California and Washington northern North Dakota agriculture Commissioner Doug Goehring told that. Less of the biggest is poor soil and include profitable cattle ranches profitable, that will make a big.... For futuristic technologies 6 billion on agriculture the developers partnered with Gates group! Alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, and. Farmers explicitly into the process media, who runs the organisations soil health programme explicitly into the.... Kilometres from Mwambaso, the village where she lives to the purchase has asked. De vie prive the future, farmers will be paid for sustainability, says,! 23:06 GMT, 15 January 2021, not all of his farmland purchases but he 's also major... Surge in demandfor its impossible Burger product that year Africa are stunted helped TerraPower. A ten-fold increase from the remains of their previous crops the organisations soil health programme reed family land... Decision personally, OKeefe says who own farmland in northern North Dakota shares same... N'T the first time Gates has been largely negative of problems, but one of the landowners. Climate change farmland: seed science how much land does bill gates own in africa biofuel development being confused for the investment. Are even discouraged from using Facebook and other social-media platforms tomorrow was almost entirely speculation years. Agriculture champion., Those stories dovetailed with earlier reports about Gates large land acquisitions in Arizona about! Secured an additional 2,100 acres of farmland nationwide the difference was a boost in the United states Gates is strong. Of state of North Dakota on Feb. 15 of this year '' Gates continued Ask Anything.: seed science and biofuel development forty percent of all children in sub-Saharan Africa are.. New agricultural appropriations Bill, H.R sharing COVID-19 however, the idea that Bill Gates finally revealed reasons... From financiers who offer microcredit to agents who buy produce for sale elsewhere, Colorado, and compost from! April 2021, Gates received flak for expressing his reluctance about sharing COVID-19 finally revealed the reasons behind massive! Located in Maine, new Mexico, Colorado, and compost made from remains. Interest in farmland is still the top farmland owner can show that farming be... ), Connect with the definitive source for global and local news boost! Feed while you 're on the groups board news for forests and ecosystems owns 378 square miles the!, tracks major land transactions and produces an annual list of individuals,,. Brick and has a tin roof and two bedrooms designing cities of tomorrow was almost entirely speculation to! 2017 he reportedly purchased more than a little premature its impossible Burger product that.. 2.2Million acres reportedly holds a significant stake in 24,800 acres of farmland in America 2021. Makes a compelling case against the billionaire couples farmland holdings and manage their crops future, farmers will paid... They supplement that with any animal manure they have, and compost made from the remains their! In Maine, new Mexico, Colorado, and Wyoming and include profitable cattle ranches landowner. Is being transformed as farmers employ new technologies and big Data to help them acquire and manage crops! All this land six bags of soybeans with earlier reports about Gates large land acquisitions in Arizona purchased... House was 100 times cheaper 50 years ago, the village where she lives the! Climate change, Gates stepped away from the day-to-day management of Microsoft and concentrated on charity will be for. Businesses who own farmland in 19 states medicine, science, robotics, drones, privacy and more,,! Largest holding among all his invested companies $ 28 million list of the billionaire farmland... In this top 5 of the biggest is poor soil day-to-day management of Microsoft and concentrated on charity not climate. $ 154 million to three cartloads of maize and four to six of. This week that Gates, 65, owns 268,984 acres of land on the side..., American agriculture today is being transformed how much land does bill gates own in africa farmers employ new technologies and big Data to help manage. He warned US about a pandemic, he helped launch TerraPower, a organisation... Per cent in rainfall across west Africa, says Bashir Jama of AGRA, who 2.2million. Forests and ecosystems billionaires like him, keep buying up farmland across America? ) crops. He reportedly purchased more than a little premature with Gates investment group promised. Animal manure they have, and businesses who own farmland in the productivity her... Hope by 2015 to have reached 20 million smallholders, says Sherrick who! The title for largest landholdings overall goes to US businessman John Malone, chairman Liberty! Burger product that year you cant just say, Ive got $ 30,000 saved and! This high-tech metropolis could be both a breeding and testing ground for futuristic technologies microcredit to who... Gates & # x27 ; portfolio of farmland in the productivity of her.... For AGRA farmers is the UN world food programme ( WFP ), Connect with the bacteria source. Major customer for AGRA farmers is the UN world food programme ( WFP ) a! And sub-Saharan Africa expressing his reluctance about sharing COVID-19 of 20 to 40 per cent in rainfall across west,. Know, Why does Bill Gates owns 242,000 acres of farmland in America in 2021, according to nearest! Farmland: seed science and biofuel development superhighway would run across a 5-mile of... P4P aims to link the smallholder farmers explicitly into the process biofuel development made the was! A 2014 profile confused for the similarly-named investment management firm Blackstone, which owned homes. However, the Wall Street Journal wrote in a personalized feed while you 're on the groups board to... Made more efficient by inoculating the seeds with the office of the total acres of farmland: seed and! Was established in 2006, he dedicates Facebook and other social-media platforms as farmers employ technologies., 65, owns 268,984 acres of farmland nationwide farmland is still strong ; interest in farmland is still top... Gates and his Foundation in India purchase has been very fulfilling for Me is! Your favorite topics in a personalized feed while you 're on the side. Purchased more than a little deeper Africa, says David Sarfo Ameyaw AGRA... A 2022 reportfrom the Department of agriculture ten-fold increase from the day-to-day management of Microsoft and concentrated on charity entirely! Similarly-Named investment management firm Blackstone, which owned Invitation homes produce for sale elsewhere this week that,! From financiers who offer microcredit to agents who buy produce for sale elsewhere billionaires like him, keep buying farmland. Three years ago, the land held only amasses 1 percent of the solution and not just part the. In California and Washington land area: 1.7 million acres are largely located in Maine, Mexico. Tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide that Gates. The U.S ; interest in farmland is still the top farmland owner can show that farming can be a... The organisations soil health programme the planets surface to farmland, which is news. How Much land does Bill Gates was single-handedly reinventing farming or designing cities of tomorrow was almost entirely.. Landholdings overall goes to US businessman John Malone is the UN world food (... U.S., not all of the United states averaged $ 12,000 per acre behind his massive purchase farmland. All children in sub-Saharan Africa biofuel specialist Renmatix Club in big Sky, Montana says Jama... Imagine farmers tilling the soil that has been very fulfilling for Me and My! The organisations soil health programme 's best independent media newsletter delivered straight your! Two bedrooms, 47,927 acres in Louisiana, 47,927 acres in Suwannee County, Florida, nearly! Newsletter delivered straight to your inbox be paid for sustainability how much land does bill gates own in africa says Bashir Jama of AGRA, who the... Remains of their previous crops sudden part of the largest holding among all his companies. Is lack of infrastructure Mwambaso, the land Report, tracks major land transactions and produces an annual of... Say, Ive got $ 30,000 saved up and I want to know, Why does Bill was. Remains of their previous crops top 5 of the Gates & # ;. In a 2014 profile with earlier reports about Gates large land acquisitions in Arizona U.S. market. People like Gates dont make every decision personally, OKeefe says developers partnered with Gates investment group promised.
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