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

Business entities have, however, been increasing their presence as owners of rental properties. Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . 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.". There are 94.6 million single-family houses in the United States, according to the latest data available from the U.S. Census Bureau American Housing Survey (2019) (bit.ly/3seI7kV). As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other 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. A 2021 report published by the U.S. Department of Agriculture (USDA) said there were 895,300,000 acres of farmland in the United States. Gates owns less than 1% of the nations farmland. Document shows Rebekah Jones demonstrated a violation of Floridas Whistleblower Act. Based on Bill Gates budding friendship with Warren Buffett, Cascade adopted much of Buffets approach to investing: invest in good companies, and hold long term to see healthy returns. The $13.5 million sale in November of roughly 2,100 acres in the northeast corner of the state was first sleuthed and reported by AgWeek's Mikkel Pates earlier this month. Weyerhaeuser purchase Plum Creek in 2015 for over $8 Billion! He responded that it was a decision his investment group made. What Land Does Bill Gates Own In Michigan? In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 acres. Social media posts blame Gates investments in plant-based meat alternatives and his status as the nations largest private farmland owner for triggering the countrys current chicken and egg shortages. "Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions," the letter said. Bill GatesWith almost 269,000 acres, Bill Gates retained his ranking as Americas largest private farmland owner. Due climate change, dry seasons will be drier, and wet seasons will be more intense, and bring more flooding. F' off Gates! To put that into perspective, if you put all of the land that Gates owns into one place (his holdings are spread throughout the country), you'd cover an area about a quarter the size of Rhode Island. (here) (here). This article was produced by the Reuters Fact Check team. How Long Can You Be Held Without Bond In Michigan? As of 2020, industry reports show he owned about 0.027% of U.S. farmland. The Guardian, https://www.theguardian.com/commentisfree/2021/apr/05/bill-gates-climate-crisis-farmland. Gates owns almost 9,000 acres in Ohio, just over 9,000 acres in Indiana, nearly 18,000 in Illinois, but only 552 acres in Iowa. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. This article Bill Gates Finally Explains Why He's Buying So Much U.S. 1995 - 2023 by Snopes Media Group Inc. Bill Gates just bought almost 3,000 more acres of farmland in North Dakota, a purchase that was eventually cleared by the North Dakota Attorney General even though it raised numerous questions about his intentions and why he has been buying up over a hundred thousand acres of American farmland. 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. The U.S. Federal Government. The tide began to shift in the early 2000s, when institutional investors began to give farmland a closer look. 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. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. a Reddit user asked. His . 420,000 acresBill and Melinda Gates prior to their divorce accumulated roughly 270,000 acres of farmland in less than a decade. to not use their land, is working towards their real agenda. Hint, It's Not Bill Gates. Breitbart News previously reported that Gates is Americas largest private owner of farmland. Donald Trump is back on Twitter, thanks to Elon Musk. Some are near cities and might end up having other uses.". He owns significantly more farmland than Minnesota's Offutt family and California's Resnick family, which each own 190,000 acres and rank second equal on the list. Partnering with Monsanto to create these super seeds is also part of the plan. Mr. Gates owns about 97,934 hectares, accounting for about 0.03% of . But these land holdings account for only a tiny share of the countrys total farmland. Investors from the Netherlands own 33% of that land with Canadians owning 25%. 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. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. The Gates Foundation has seen steady success and growth since their launch, funding science, research, agriculture and education. Is this just a regular investment move, made on a large scale? So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? From the beginning, Cascade Investments focused on blue chip defensive stocks, including Four Seasons, Berkshire Hathaway, Coca Cola, and more. To better understand these questions, it's helpful to review Bill Gates' financial decision through the years, especially as it relates to Microsoft, Cascade Investments, and The Bill and Melinda Gates Foundation. Our Standards: The Thomson Reuters Trust Principles. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. But these companies do not own a majority of U.S. single-family homes. The . Social media post scrambles the facts on high egg prices, Gateway Pundit, "Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage," Jan. 24, 2023, PolitiFact, "What Bill Gates has to do with livestock, lab-grown meat," May 18, 2020, PolitiFact, "Eggflation? As we learned above, in most farmland investment situations, the farmland owner leases their land to tenant farmers, who usually live on and work the land. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley. for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant. It is not connected to climate. Thats because the old adage goes: Buy landthey arent making it anymore. (Which volcanologists know isnt exactly true, but you get the idea). Bill Gates and conspiracy theories go together like peanut butter and jelly. 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. It's not part of his plans to save the planet. 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . Your membership is the foundation of our sustainability and resilience. I have written several articles on postings related to Big Tech, Social Media and Corporations. Gates' farmland purchases, which have mostly been made in the last five years, started in 2017 when he bought $520 million of farmland spread over five dozen properties from the Canada. (Read more about our partnership with Meta, which owns Facebook and Instagram.). How can this inform our personal investment decisions? (here). He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. 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. Are you ready for alternative proteins made from a volcanic microbe? In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. What Part Of Michigan Is Considered The Upper Peninsula? During his 11th appearance in the "Ask Me Anything" . You can find his previous stuff at Gizmodo and Paste if you look hard enough. In the same way you can invest into ETFs (Exchange Traded Funds) in the stock market, there exist similar products for farmland called farmland REITs. By Rebecca . 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. 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. Access your favorite topics in a personalized feed while you're on the go. It reported that as of 2022, Gates owned about 248,000 acres of farmland. "It is not connected to climate. 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. 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. His idea, like many others, was to diversify his investments across different asset classes. The mogul's holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. District of Columbia Farmland has some natural built-in drawbacks for all of the built-in benefits: Just 20 years ago, it was difficult to invest in farmland if you werent already independently wealthy. In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. Not only was he no longer reliant on his own companys success for his own personal wealth, but he set himself up to make even bigger moves in the decades to come. According to the Harvard Joint Center for Housing Studies (JCHS) (here), using data of the Rental Housing Finance Survey, between 2001 and 2018 the proportion of rental properties owned by non-individual investors, which include partnerships, trustees for estate, real estate corporations, real estate investment trusts, and other entities, increased from 18% to 26%. Who is the largest landowner in the world? The agriculture sector is important. 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, nourishing food for future generations Gates also owns land in Arizona (25,750 acres), Illinois (17,940),Mississippi (16,963),Washington (16,097), Florida (14,828), Idaho (9,233), Indiana (9,136), Ohio (8,915), California (4,509), Colorado (2,270), Michigan (2,167), Wisconsin (1,188), Wyoming (975), North Carolina (874), Iowa (552), and New Mexico (1). "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. What is the most profitable crop in Michigan? During the COVID-19 pandemic, vaccine-hesitant Americans were inundated with false rumors claiming that Gates was putting microchips into vaccines, that he was working on a mind-altering vaccine, that Gates had input tracking devices into vaccines, and that he once called for vaccinations as a way to depopulate the planet. Suggests virologists death is linked to COVID-19 vaccines. No one but Bill Gates knows that answer. 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. As unfounded rumors related to the cause of a yet-to-happen food crisis circulated online, many people started to point fingers at a favorite target of conspiracy theorists, former Microsoft CEO Bill Gates. Representatives for Gates did not immediately respond to messages from Insider requesting comment. Read also:Which Billionaire Owns The Most Land In The U.S.? Gates does not own anywhere close to the majority of America's farmland. 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.. Owning farmland is one of the most prudent financial investments to make now. Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Think about how much Bill Gates would have lost if he hadn't diversified in 1999. It has been very fulfilling for me and is my full time job," Gates continued. The No. 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. Bill Gates purchase of a large patch of land in North Dakota has sparked fury and conspiracy theories on social media after the Microsoft billionaire secured legal approval to purchase the 2,100 acres of farmland in the state last week. Gear-obsessed editors choose every product we review. Egg prices havent come down with inflation. That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. Gates and his wife own 269,000 acres of farmland. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. 28. How much land does Russia own in the United States? 41 on The Land Report's 2022 list of Americans who own the most land. Chinas American agricultural land holdings have increased over tenfold in the last decade, and at the beginning of 2020, investments from China held $2 billion of American agricultural land. The buyer, Red River Trust, is tied to Bill Gates, the largest farmland owner in the US. Gates believes that subsistence farmers and impoverished peoples will be among the most affected by climate change. Bill Gates buys farmland in Amish Country. The Bill & Melinda Gates Foundation is focused partly on agricultural development to support farmers in sub-Saharan Africa and South Asia. Download free guide with advice for beginners. Real estate investors overall have also been increasingly targeting single-family homes. Bill Gates is Americas biggest farmer, his 269000 acres farmland grows potatoes and carrots. So, what's the interest in farmland? Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Amazon founder Jeff Bezos . According to 2021 article from the Land Report, a magazine about land. Nancy Pelosi (purchased) 10,000 shares of Amgen, manufacturer of Nplate, a drug used to treat radiation sickness.. While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. Who owns the most land in the world 2021? Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. Gates appears to be pro-chicken farming. Toxic chemicals known as PFAS, or per- and, 2 hours, 2 minutes. TheNew York Post reportsthat public records recently cited by AgWeek reveal that an entity called Red River Trust with links to billionaire Bill Gates recently purchased 2,100 acres of potato farmland in northern North Dakota, prompting state officials to intervene after complaints from local residents. Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. Gates and his investment team own more than 240,000 acres, as reported by OKeefe, including 2,167 acres in Michigan. In addition to farmland, the Gates' portfolio includes numerous public investments, the Gates Foundation, a major stake in the Four Seasons Hotel, and much more. Many people wonder why Bill Gates would make these moves with his investment portfolio. Bill Gates investments in farmland can be seen as part of this trend. 2021. LIVE OAK, Fla. -- The investment company that manages the wealth of the world's richest man, Bill Gates, has been acquiring gobs of farmland in north Florida the past two years . See MCL 436.1701., Michigan taxpayers are allowed to take a number of exemptions, depending on the number of people in the taxpayers household, their ages, and other factors, If the defendant is held for more than 24 hours without being brought before the court under subsection (2), the officer in charge of the, An ORV or off-road vehicle is a motor-driven, recreational vehicle capable of driving on a range of terrains not limited to roadways and, Michigan leads the nation in tart cherry production. The figure cited by The Land Report was subsequently reported by major news outlets including Business Insider and Forbes (here), (here). The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Who knows. Invitation Homes, for example, has approximately 80,000 homes for lease across the country and is the largest landlord for single-family homes in the United States (here) (here). 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. 20006, Florida 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. The. An entity linked to billionaire Bill Gates has reportedly purchased 2,100 acres of potato farmland in northern North Dakota angering local residents. Conservatives are vowing to never drink Heineken again after it was recently revealed that billionaire Bill Gates acquired a minority stake in the popular brewing company. By Dec. 31, 2022, the Agriculture Department reported 43 million egg-laying hens had died because of the disease or depopulation. According to lovemoney.com, the church owns more than 70 million hectares. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. While private companies and corporations are increasing their ownership of U.S. homes, BlackRock, through its investments, does not own a majority of single-family homes. 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. These states include: Arizona - 25,750 acres; Arkansas - 47,927 acres . The mainland Chinese company Sino-Michigan Properties LLC has paid $1.9 million for 200 acres of undeveloped land in Milan, Michigan. 242,000 Acres: Bill Gates Now The Largest Owner Of Farmland In America. This material may not be reproduced without permission. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for. Farmland as an investment offers low volatility. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states. Stay up to date with what you want to know. This position in Microsoft was quickly funneled by Cascade Investment into this long term growth strategy. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. 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. Deals are highly vetted with around a 1% acceptance rate, You pick and choose what specific farms you want to invest in, Investors do not have access to a secondary market yet, so you should be familiar with the time horizon. Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became the largest private foundation in history. Now Chinese companies and businessmen are planning to make their home in the United States. 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. Either that or I had a screw loose. FPI is internally managed and the company owns farms in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi,. Gates farmland now totals 242,000 acres. While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. False. Those people are upset, but there are others that are just livid about this.. The Justice Department has been calling parents that are concerned about what their kids are being taught, they are labeling them terrorists., Sen. Marco Rubio signed a 2021 letter that supports waivers that would reduce visual track inspections..