Breitbart News previously reported that Gates is Americas largest private owner of farmland. 242,000 Acres: Bill Gates Now The Largest Owner Of Farmland In America. Oversight," June 15, 2018, The Chicago Tribune, "Chicken nuggets and cream cheese grow in trays in a South Side lab. Social media post scrambles the facts on high egg prices, Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage, Bill Gates is About to Change the Way America Farms, What the plow and lab-grown meat tell us about innovation, Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022, 2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks, Bill Gates owns a lot of American farmland, but not the majority, The controversy over Bill Gates becoming the largest private farmland owner in the US, McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland, Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses, Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future, Bill Gates bets on growing demand for sustainable foods, Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. Momentum accelerated during the 2008-2009 Great Financial Crisis, when investors grew desperate for alternatives to traditional safe haven investments like bonds and gold. 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. 420,000 acresBill and Melinda Gates prior to their divorce accumulated roughly 270,000 acres of farmland in less than a decade. 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. Donald Trump is back on Twitter, thanks to Elon Musk. Breitbart News reporter Alana Mastrangelo wrote: Gates is now America's largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according to the Land Report. he has consistently made investing choices that brought him unusual and incredible returns, and this has brought him great wealth when others made the wrong fiscal moves, and lost much. How Many Hours Is It From Detroit To Michigan? Another meme circulating online reads: Bill Gates is buying all the farmland. While BlackRock does not directly own single-family houses, as the worlds largest asset manager (here), it owns stock in companies that do. 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. According to a 2022 report from the U.S. Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the U.S. Gates owns roughly 242,000 acres, about 0.03% of the total. Why Bill Gates Is Investing In Chicken-Less Eggs, Memphis Meats raised $161 million to grow meat from cells, Bill Gates and Richard Branson backed a food startup which grows meat in labs, How Beyond Meat became a $550 million brand, winning over meat-eaters with a vegan burger that bleeds', Bill Gates headlines an all-star list of investors pumping $75 million into meatless burgers, How Impossible Burgers simple vision won hundreds of millions in funding and backing from Bill Gates. Access your favorite topics in a personalized feed while you're on the go. 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 . One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. How old do you have to be to strip? The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. Bill Gates reportedly owns more farmland than anyone else in the United States. Who is the largest farmer in the United States? False. He has also written on his personal blog about the future of food, the increasing demand for meat as the global population rises and the environmental effects of livestock farming. These subsistence farmers can order equipment and seeds they need, paying what they can over a longer period of time. In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. Real estate investors overall have also been increasingly targeting single-family homes. Hint, It's Not Bill Gates. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. The Agriculture Department has said the avian flu outbreak in the U.S. is the main contributor to low inventory and high prices. Billionaire philanthropist and Microsoft Corp. co-founder Bill Gates has found himself at the center of yet another online conspiracy theory. Gates said during a Reddit AMA: My investment group chose to do this. KX News' Josh Meny sat down with Vogel who says the Attorney General's office is impeding her investigation into the purchase. Other factors are pandemic-related supply chain issues andholiday demand. 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. (here). What they are doing locking up land, not just private land, but in Wilderness Areas, National anything to do with land, Conservation programs that literally pay farmers, dairymen, etc. 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. As of October 2021, the Asian nation owns $1.065 trillion, or about 3.68%, of the $28.9 trillion U.S. national debt, which is more than any other foreign country except Japan. From the beginning, Cascade Investments focused on blue chip defensive stocks, including Four Seasons, Berkshire Hathaway, Coca Cola, and more. North Dakota officials have questions and residents are furious about a major land grab by a trust linked to billionaire and anti-meat zealot Bill Gates, the nation's biggest owner of farmland. I have written several articles on postings related to Big Tech, Social Media and Corporations. Michigan - 2,167 acres; Mississippi - 16,963 acres; Nebraska - 20,588 acres; New Mexico - 1 acre; North Carolina - 874 . 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. How long is it from Michigan to Detroit? Mr. Gates owns about 97,934 hectares, accounting for about 0.03% of . Since its IPO in 1985, Microsoft has seen continual success. Bill Gates Uses Farmland as an Investment Outlet Buying up Potato, Carrot and Onion Farms. NBC News, https://www.nbcnews.com/tech/tech-news/mcdonald-s-french-fries-carrots-onions-all-foods-come-bill-n1270033. 3. Recently, an article in Land Report stated that Bill Gates owns more American farmland than anyone else. 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. Trump killed them., The Kansas City Chiefs Super Bowl win has been put on hold as NFL plans to launch an investigation on possible (performance-enhancing drug) use by Patrick Mahomes during halftime.. The explanation offered by conspiracy theorists for this untrue claim was that these fires were being intentionally set in order to create a food crisis. The Michigan State University shooter is a 21-year-old man named Lynn Dee Walker. Who owns the most land in the world 2021? Bill Gates is Americas biggest farmer, his 269000 acres farmland grows potatoes and carrots. This is because of more intense seasons of drought and rain. 2021. 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? China has steadily accumulated U.S. Treasury securities over the last few decades. Please let us know if you're having issues with commenting. Conspiracy Theorists claimed last year that the Microsoft founder was buying up farmland in the U.S. to starve Americans for some unknown reason, Snopes said, after researchers said in April that the world was facing a potential food shortage due to Russias invasion of Ukraine. Heres why.," Jan. 10, 2023. The . Land Values: Here's a look at the top 10 absentee landowners in central Illinois, and where they own farmland. 801 3rd St. S His . 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. The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. What Returns Should You Expect From Farmland Investing? He has invested in multiple companies developing artificial or plant-based alternatives to meat, but he supports chicken farming and agricultural development. In April 2022, conspiracy theorists insinuated that billionaire Bill Gates was buying up "the majority" of American farmland as part of a diabolical plot to cause widespread food shortages. Why Is Bill Gates Buying So Much Farmland? It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks. The Bureau of Labor Statistics latest update shows egg prices rose 60% over the last year. The tech billionaire owns 69,071 acres in Louisiana, 47,927 acres in Arkansas, and 20,588 acres in Nebraska. The timeline of events leading to the shortages, claim multiple Instagram posts, goes like this: "2013: Bill Gates invests (in) plant-based eggs, poultry, and meat", "2021: Bill Gates becomes the largest private farmland owner in the U.S.", "2021-2023: Mass chicken and egg shortages hit American farms", The Gateway Pundit, a conservative website, shared a similar claim. F' off Gates! That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. 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. 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. How Old Do I Have To Be To Go To A Strip Club In Michigan? What Bill Gates has to do with livestock, lab-grown meat, Eggflation? There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. By 2019, the USDA says foreign ownership of U.S. acres exceeded 35.2 million acres, a 60 percent increase from the decade prior. Gates has been asked about his farmland purchases before. No, its the Roman Catholic Church. Read also:Which Billionaire Owns The Most Land In The U.S.? He has also been aproponent of chicken farming. Michigan Muslim Group Warns State That LGBTQ Bill Might Be Unconstitutional CAIR has objected to the Michigan Senate's passage of an expanded version of a state human-rights law protecting LGBTQ . In January 2021, Bill Gates became the largest owner of farmland in the United States. Sign up for notifications from Insider! Gates does not own the majority of U.S. farmland. 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. Recently, Bill Gates has purchased 300,000 acres of farmland, you would think that buying all of the farmland would be bigger news than Elon Musk buying all of Twitter (here). 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. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. I had heard this in the past, but didn't give it much thought. "Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions," the letter said. With over 242,000 acres of farmland, Bill Gates is America's biggest farmland owner, and his ownership may be connected to climate change and plant-based meat substitutes. AcreTrader is one of the most well-established farmland crowdfunding platforms out there. He's the new MacDonald: Bill Gates owns hundreds of thousands of acres across the United States including 242,000 acres of farmland making him the country's top agricultural landholder, according to Eric O'Keefe's The Land Report. Billionaire Bill Gates reportedly shopped for 'hundreds of acres of farmland' in Turkey while vacationing aboard a superyacht that emits an estimated 19 tons of CO2 a day before heading to the . This, combined with holiday demand and continued coronavirus pandemic-related supply-chain pressures, have affected the market. Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). "Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire?" 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 The figure is far below the total area of U.S. farmland. These claims are not true. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Download free guide with advice for beginners. These states include: Arizona - 25,750 acres; Arkansas - 47,927 acres . 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%. Stay up to date with what you want to know. researchers warned about the potential risk of a global food shortage, currently no nationwide food shortages in the United States, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal, 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, you'd cover an area about a quarter the size of Rhode Island, Gates was putting microchips into vaccines, Gates had input tracking devices into vaccines, vaccinations as a way to depopulate the planet. Those people are upset, but there are others that are just livid about this.. Billionaire Bill Gates explains why he buys a lot agricultural land - Photo: BENZINGA. as well as other partner offers and accept our. "With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. 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 . Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. "It is not connected to climate. 2 min read Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all. See here for a complete list of exchanges and delays. 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. Either that or I had a screw loose. Social media post scrambles the facts on high egg prices," Jan. 13, 2023, Various searches on Google and Nexis, accessed Jan. 24, 2023, The Land Report, "Farmer Bill," Jan. 11, 2021, The Land Report, "Bill Gates is About to Change the Way America Farms," Winter 2020 magazine issue, The Land Report 100, Winter 2021 magazine issue, The Land Report 100, Winter 2022 magazine issue, Email exchange, Eric OKeefe, editor, The Land Report, Jan. 23, 2023, Email exchange, Gates Ventures, Jan. 24, 2023, GatesNotes, "Future of food," March 18, 2013, GatesNotes, "What the plow and lab-grown meat tell us about innovation," Feb. 27, 2019, GatesNotes, "Is there enough meat for everyone?," April 21, 2015, GatesNotes, "Why I would raise chickens," June 7, 2016, U.S. Bureau of Labor Statistics, "Consumer Price Index," Jan. 12, 2023, U.S. Department of Agriculture, "Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022," Jan. 11, 2023, U.S. Department of Agriculture, "2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks," Jan. 18, 2023, U.S. Department of Agriculture, "Avian Influenza," Jan. 18, 2023, U.S. Department of Agriculture, "Farms and Land in Farms, 2021 Summary," February 2022, Reddit, Bill Gates Ask Me Anything, March 19, 2021, Bill & Melinda Gates Foundation, "Agricultural Development," accessed Jan. 24, 2023, Associated Press, "Bill Gates owns a lot of American farmland, but not the majority," May 2, 2022, Vox, "The controversy over Bill Gates becoming the largest private farmland owner in the US," June 11, 2021, NBC News, "McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland," June 8, 2021, Reuters, "Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses," May 5, 2022, CNBC, "Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future," March 23, 2018, CNBC, "Bill Gates bets on growing demand for sustainable foods," May 14, 2015, Bloomberg News, "Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . News reports from the last several years suggest that Gates has at different times invested in start-ups focused on developing artificial or plant-based alternatives to meat, such as Natures Fynd, Hampton Creek, Memphis Meats, Beyond Meat and Impossible Foods. The figure cited by The Land Report was subsequently reported by major news outlets including Business Insider and Forbes (here), (here). Who owns the most property in Detroit Michigan? As of 2022, he owned 248,000 acres of farmland across more than a dozen states, but this accounts for less than 1% of the total farmland in the U.S. Talk about big bets. NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money. for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant. 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).