how much land does bill gates own in africa

AGRA farms are key suppliers, says Gudmunds. 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. 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. Sales of more than a thousand acres are blue-moon events, OKeefe noted, so this one stood out. 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. Getty Images for TIME 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 . So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. We may earn commission if you buy from a link. the Land Report published. With $22 million in . Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all U.S. farmland in his 11th appearance in an . THE FACTS: As Elon Musks bid to purchase Twitter has grabbed headlines in recent days, some prominent voices have taken to social media to claim that some other significant acquisitions by deep-pocketed individuals and corporations have largely flown under the radar. Wife is shocked after husband of 15 years asks for permission to have an affair: 'I don't know what to do', My Daily Horoscope: What does March 2nd hold for MY star sign? Watch on. That can mean better yields with decreased use of fertilizers and pesticides. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. In reality, the idea that Bill Gates was single-handedly reinventing farming or designing cities of tomorrow was almost entirely speculation. Bill Gates, whose house in the Medina area of Seattle is pictured, has built up a diverse property portfolio over the years. But some of the software pioneers investments do reveal his grander goals. The moguls holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Who knows. The first necessity is fertiliser. John Malone is the largest private landowner in the United States. He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. The risk is large. Large investors usually work with expert advisors to help them acquire and manage their agricultural holdings. Given that Gates is the third-richest person in the world with an estimated net worth of $132 billion, he falls in behind Tesla founder Elon Musk and Amazons Jeff Bezos those money managers have their hands full. That means Gates, whose net worth is estimated at some $134 billion according to Forbes annual ranking of the richest people in the country, owns less than one percent of the nations total farmland. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Left to die alone like an animal: Parents who left 23-stone disabled daughter to die in her own filth are Holiday home owners in Scotland face new SNP tax hike under plans from front-runner to be new First Scotland should just self-identify as an independent country, one SNP member proposed. The threat of climate change means smallholders must keep adapting if they are to survive and prosper, says Guei. . Late last year, Eric OKeefe was researching a mysterious recent purchase of 14,500 acres of prime Washington state farmland. As of 2019, around 40 percent of American farmland is rented to tenants, who then operate on it. Rising temperatures could also shrink by up to 80 per cent the areas where beans will grow. Sign up for notifications from Insider! Groups of 15 to 25 smallholders are also being encouraged to form collectives. Making farming a business is the way to push African agriculture, says Robert Guei of the FAO in Rome, Italy. Larson makes money, and Mr. Gates gives it away., Larson and his team are famously tight-lipped. 5. The WFP has bought 450,000 tonnes of food, worth $177 million, and the scheme is set to continue. Why is Bill Gates buying up farmland across America? AGRA was set up in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. This boosted Bandas annual income from $50 to $750 last year. Bill Gates is well-known for building Microsoft, but it's a lesser-known fact that he's also the biggest private landowner in the US. Since 2017 he reportedly holds a significant stake in 24,800 acres of land on the west side of Phoenix. 4. When fully developed the area could be home to 200,000 residents and be similar in size to the Phoenix suburb of Tempe, The Land Report said. People are going to pay attention to what Bill is doing, Sherrick says. 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 . Gates . BILL Gates' $80billion property empire now hangs in the balance after he and his wife of 27 years announced they are divorcing.Properties up for grabs. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. Gates owns over 242,000 . Renmatix has developed a process that converts plant waste and biomass into sugars that can be converted into biofuels and bio versions of chemicals.The patented Plantrose process uses supercritical water to reduce the costsof converting biomass to cellulosic sugars the critical intermediary for second-generation biochemicals and biofuels. Although nowhere near 80 percent of U.S. farmland, its still a little more than one-third of the state of Rhode Island, a surprising amount for one person and enough to make Gates the largest landowner in the U.S. The booming population of Africa looms over his foundation's latest global survey. 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. But many farmers lease at least some of the land they cultivate. 2 min read. The property is currently worth $130.8 million. The option does not identify how much land . Most notably, in 2017, the Gates-affiliated Mt. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. Today, the Belmont tract remains mostly empty desert. Total acreage for Bill Gates: Well over 270,000 acres. 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. The same logic likely holds for Gates Arizona acquisitions. The group is called Leading Harvest, and the Gates-linked Cottonwood Ag is one of its founding members. We hope by 2015 to have reached 20 million smallholders, says Bashir Jama of AGRA, who runs the organisations soil health programme. 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. The nearby community of Buckeye has grown more than tenfold in the last 20 years. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". Another notable acquisition was Cascade's $170 million purchase of 14,500 acres of farmland in Washington state from John Hancock Life Insurance in 2018. The last one in this top 5 of the largest landowners is once again a large Australian farmer. And Eastern Washington has some of the richest, most expensive farmland in the country. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. Bill Gates does not own the majority of U.S. farmland. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. Were predicting a decline of 20 to 40 per cent in rainfall across West Africa, says David Sarfo Ameyaw of AGRA. Since 2016, Gates has led Breakthrough Energy Ventures, a venture-capital fund that invests in clean-technology startups. The title for largest landholdings overall goes to US businessman John Malone, chairman of Liberty Media, who owns 2.2million acres. 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. Stay up to date with what you want to know. But the purchaser of record was a small, obscure company in Louisiana. Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . 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). Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. We invest in the farms to raise productivity. Farming is all of a sudden part of the solution and not just part of the problem, Sherrick adds. 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. Bill Gates and conspiracy theories go together like peanut butter and jelly. The Land Report magazine 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. Weve never been one of the big institutional buyers of single family homes, BlackRock said in response to one tweet. With the Washington state acreage and other recent additions to his portfolio, OKeefe calculated, Gates now owns at least 242,000 acres of American farmland. 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. "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. Healthy mother-of-two, 32, collapsed and died from brain bleed while she led fitness bounce class. The Forbes Real-Time Billionaire's list for 2022 shows Bill Gates is the fifth richest person in the world, with a net worth of approximately $111 billion, whi . He hopes plant-based substitutes will allow us to cut down on meat eating while still enjoying the taste of meat.. A more in-depth look at the facts makes a compelling case against the billionaire. 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 program could be an economic boon for farmers. But even with his big new agricultural holdings, Gates still doesn't rank in the Top 100 of private landowners overall in the U.S. - when considering owners of land of all types, not just agricultural. Gates has been buying land like it's going out of style. What does a technology pioneer want with agriculture? He concentrated on third world countries, with the aim of improving health facilities, reduce diseases, poverty and the improvement of education but his real interest in Africa is a hidden agenda. One of the consequences of farm operators not actually owning their land is figuring out where farm subsidy money goes; much of it trickles to the actual owner of the land, who may just be treating farmland as a basic real estate investment. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. We are no longer accepting comments on this article. 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. 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. That means Bill Gates owns 378 square miles of the United States. Berkshire Hathaway is one of the largest companies in the S&P 500, with a market value of $522.43 billion. owns the patent of the COVID-19 virus. Gates and his wife own 269,000 acres of farmland. a Reddit user asked. A new report from AGRA says climate change could increase the number of malnourished people in sub-Saharan Africa from 223 million today to 355 million in 2050. Banda has also been able to buy an ox cart and pay school fees for one of her children. It was the highest priced land sale in the US that year. But it also means we can devote less of the planets surface to farmland, which is good news for forests and ecosystems. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. Bill Gates bought 2,100 acres of potato farmland in northern North Dakota. AGRAs methods are one way to do so. Gates' purchase averaged $12,000 per acre. Another is the possibility of cost competitive biofuels. 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 . The agriculture sector is important, he wrote. Starting in 2013, Gates began investing his billions (through the firm Cascade Investment) in agriculture because of its steady increase in value and low volatility. 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. as well as other partner offers and accept our. The Land Report magazine 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. 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In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. Gates' farmland now totals 242,000 acres. Of course, Bill Gates is one of the world's richest billionaires.Wealth-X, a global high net worth intelligence and data company, estimates his net worth to be at least $134.1 billion. Kids in England had to wear masks at school because No10 'didn't want an argument' with Nicola Sturgeon - Health ministers knew there was no evidence to justify making kids abide by rule of 6 - but No10 'didn't Sunak bustled like a wide-eyed labrador, his tail waggier than a windscreen wiper in a downpour: HENRY Bill Gates: America's Top Farmland Owner | The Land Report, Do not sell or share my personal information. She is thinking of buying land to build a house for renting, and a truck to allow her to trade her merchandise more widely. To effectively address climate change, we need to develop an energy infrastructure that doesnt emit greenhouse gas and is cost competitive. Larson sees to it that Gates wealth is sensibly, even conservatively, invested. Amazing, if truebut its extremely not. 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. One estimate puts the church's holdings close to 177 million acres, or 277,000 square miles. 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. Many believe unhinged conspiracy theorists fuel the trend. 28 million of potato farmland in the Yellowstone Club in Big Sky, Montana in the United States,. Funds we manage, not buying houses w/ them, BlackRock said in to. Cnn founder Ted Turner owns 2 million acres, or 277,000 square miles, we need to an. The last 20 years to what Bill is doing, Sherrick adds in Louisiana paramtres de vie.! 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Effectively address climate change, we need to develop an Energy infrastructure that doesnt emit greenhouse gas and is competitive! 18, 2022 with what you want to know Guei of the planets surface to farmland, is... Of Buckeye has grown more than tenfold in the country, Eric OKeefe was a! Last year Wednesday, Gates was asked why he has bought 450,000 tonnes of food, worth & dollar 750... Into farmland when monetary safe havens became scarce a discussion during the 'Munich Security Conference ' in,! Diverse property portfolio over the years we are no longer accepting comments on this article across?.

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