No one but Bill Gates knows that answer. This is especially helpful if, say, the stock market crashed, and you had a more aggressive stock portfolio (or any large stake in stock at all). 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). One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. Distance from Michigan to Detroit The shortest route between Michigan and Detroit is, Michigan law is absolutely clear that an adult over the age of 21 shall not sell or furnish alcohol to a minor. 309. There were 895.3. Neither of these are a perfect option. 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. 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. where is bill gates' farmland in michigan - ccecortland.org We invest in the farms to raise productivity. 2023 Benzinga.com. 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. No one but Bill Gates knows that answer. According to OKeefe, Gates isnt the only one making moves on the farmland market, especially as farm real estate values nationwide increased 7% from 2020 to $3,390 per acre. "Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions," the letter said. Official: Michigan State gunman had note threatening 2 New Jersey schools. In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. The current chicken and egg shortages trace mainly to an avian flu outbreak in the U.S. that began in early 2022 and was exacerbated by holiday demand and supply chain problems, the Agriculture Department reported. While private companies and corporations are increasing . Gates is No. 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. Please let us know if you're having issues with commenting. Our Standards: The Thomson Reuters Trust Principles. . Heineken accused of secretly shipping adrenochrome in kegs after Bill See here for a complete list of exchanges and delays. While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. Why doesnt everyone just invest in farmland then? Gates farmland now totals 242,000 acres. Bill Gates Farmland: Why Is the Billionaire Buying So Much? Nebraska has the third-most Gates-owned farmland in the nation. Bill Gates Is Buying Up American Farmland. But Why? Is this just a regular investment move, made on a large scale? 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. This article was produced by the Reuters Fact Check team. This is because of more intense seasons of drought and rain. Using those figures, Gates would own about 0.027% of U.S. farmland. 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. In January 2021, Bill Gates became the largest owner of farmland in the United States. 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. As reported by Bloomberg . China has steadily accumulated U.S. Treasury securities over the last few decades. Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. Who knows. 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. The Land Reportmagazine reported in January that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the U.S. A $171 million purchase of 14,500 acres of prime eastern Washington farmland in 2018 gave the power couple an estimated 242,000 acres of farmland, which is nearly the size of Hong Kong. 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 added. The Gates have been quietly acquiring farmland through their investment manager, Cascade Investment, for over 10 years. Bill Gates Attempts to Explain Why He Bought More Farmland - Futurism Click here to view current offerings on AcreTrader! 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. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. 22. Gates started purchasing farmland circa 2013 through his investment group, Cascade Investments. What Land Does Bill Gates Own In Michigan? Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. 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. The biggest chunks of Gates' holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlet's research found. At about $6,000 per acre, the potato farm cost roughly half of what Gates reportedly spent on highly coveted soil closer to his home in Washington. 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. An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. the Gates Foundation answers the top ten questions they received, and they admitted that they didnt think it was fair that their family had so much global influence. Bill Gates buys farmland in Amish Country. On social media, we found people claiming, for example, that Gates owns the "majority" of U.S. farmland -- 80%, they claimed -- and that Gates is trying to buy up "all" of the farmland. False. The portion of land that isn't owned by farmers varies widely regionally; in some areas, almost 80 percent of agricultural land is held by non-operators. Where did Gates buy farmland? | Dependable 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. Bill Gates Asked Why He's Buying So Much US Farmland: Here's His Answer Gates responded: "I own less than 1/4000 of the farmland in the US. 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. Why Bill Gates Is Investing Big Time In Farmland Across Washington And The Country - Northwest Public Broadcasting About Contact Us Coverage Area Our Staff Work With Us Report an Outage Station News Latest Station News Connect Archives Our Stories Download NWPB App TV Schedules Channel Guide Online Schedules Download Schedules Local Programs The 2,100 acre potato farm adds to his massive portfolio of farm investments. For now, Gatess ever-expanding farmland ownership is really just rich guy doing rich guy things, and while concerning in a late-stage capitalism sort of way, it isnt as cartoonishly nefarious as some conspiratorial corners of the internet want to believe. BlackRock is a shareholder in both companies (here) (here). What is the most profitable crop in Michigan? Does Michigan Allow Personal Tax Exemptions? Representatives for Gates did not immediately respond to messages from Insider requesting comment. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. More than 58 million birds in hundreds of commercial and backyard flocks have been affected since the bird flu outbreak began in February 2022, the Agriculture Department estimated. With the Washington state acreage and other recent additions to his portfolio,. By clicking Sign up, you agree to receive marketing emails from Insider Does Bill Gates Own the Majority of US Farmland? - Snopes By Dec. 31, 2022, the Agriculture Department reported 43 million egg-laying hens had died because of the disease or depopulation. 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. Hint, It's Not Bill Gates, Bezos-Backed Startup Lets You Become A Landlord With $100, Try the tool that will help you invest smarter, faster, and better, Bill Gates Finally Explains Why He's Buying So Much U.S. 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. PolitiFact | The Bill Gates egg shortage conspiracy isn't all it's Why? The Guardian, 5 Apr. 33701 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. The Agriculture Department estimates there are more than 895 million acres of farmland in the U.S., making Gates share 0.028%. Over time, Gates sold personal stock in Microsoft and. 54. Who are the biggest absentee landowners in Illinois? Access your favorite topics in a personalized feed while you're on the go. Another main feature of the Big Bet is the implementation of the culmination of the Gates Foundations research: specialized GMO seeds for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.. False. Bill Gates' North Dakota Farmland Purchase Approved by the - AgWeb Bill Gates Is the Biggest Private Owner of Farmland in the United States. Bill Gates Is America's Largest Private Owner of Farmland - Breitbart Bill Gates explains why he buys so much farmland AcreTrader is one of the most well-established farmland crowdfunding platforms out there. Gates' interest in farmland is still strong. How old do you have to be to strip? These posts were flagged as part of Instagrams efforts to combat false news and misinformation. . In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". Bill Gates is America's biggest farmer, his 269000 acres farmland grows What does Weyerhaeuser have to do with Michigan? While the Gates' own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. In that same Reddit AMA from 2021, the one where Gates separated his land investments from his sustainability initiatives, he also mentioned the importance of productive seeds to avoid deforestation as well as the production of biofuels, which relies heavily on corn, in the very same answer. How Old Do I Have To Be To Go To A Strip Club In Michigan? A $13.5 million purchase of a North Dakota potato farm is drawing outrage and legal scrutiny. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. 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. How Long Can You Be Held Without Bond In Michigan? 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. Water bills are soaring in some areas as infrastructure deteriorates, a recent University of Michigan study found. The agriculture sector is important," Gates wrote. 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. Weyerhaeuser purchase Plum Creek in 2015 for over $8 Billion! It's hard to visualize just how much land 242,000 acres amounts to unless . 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. It has been very fulfilling for me and is my full time job," Gates continued. Either that or I had a screw loose. At the turn of this century, Chinese owners owned about 192,000 acres of farmland in the U.S., according to the USDA. 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. Breitbart News previously reported that Gates is Americas largest private owner of farmland. Bill Gates Finally Explains Why He's Buying So Much U.S. Farmland I have invested in these farms to make them more productive and create more jobs. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. Bill Gates, and the Chinese, are not just buying up farm land for that purpose. Your membership is the foundation of our sustainability and resilience. Who owns the most property in Detroit Michigan? 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. #1. Bill GatesWith almost 269,000 acres, Bill Gates retained his ranking as Americas largest private farmland owner. In the wake of this uncertainty, unfounded rumors began to spread that attempted to lay the blame for any coming food shortages on nefarious forces. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. Investors from the Netherlands own 33% of that land with Canadians owning 25%. In reality, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal. Bill Gates Top Farmland Owner in US | Newsmax.com Featured in the agricultural side of their plan is a strategy for subsistence farmers and other small-acre farms in Africa and the developing world education, resources, and layaway payment plans which can be used through smartphones. Business entities have, however, been increasing their presence as owners of rental properties. 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. Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. Fact Check-Bill Gates doesn't own most U.S. farmland - Reuters Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. Costs are expected to fall in the coming weeks as egg-laying flocks are restored. While Gates is still the top farmland owner in the U.S., not all of the property he owns is farmland. Who owns the most farmland in the world? Today, Bill Gates owns 242,000 acres of farmland in 19 states. You either had to directly buy the land, pony up millions to participate in a fund or purchase farmland via a REIT. The Bureau of Labor Statistics latest update shows egg prices rose 60% over the last year. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. These states include: Arizona - 25,750 acres; Arkansas - 47,927 acres . Whose land is it anyway? Farmers, billionaires - Michigan Farm News Our state produces about 75 percent of the nations tart cherry crop. Bill Gates: Der grte Eigentmer von Farmland in den USA 2,167 acres. Lower-than-usual egg inventories near the end of the year, when demand is up from holiday baking, resulted in several successive weeks of record-high egg prices, the department said. Bill Gates is the biggest private owner of farmland in the United