While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments. But, while Belmont might not be a smart city, it still looks like a smart investment. Three-quarters of them live in South Asia and sub-Saharan Africa. Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . ', 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.'. The farmland acquired by Gates appeared to be earmarked for genetically engineered corn and soy crops the base foods for what will become synthetic ultra-processed products like synthetic meat. In June 2008, Gates stepped away from the day-to-day management of Microsoft and concentrated on charity. In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. 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. Which in turn means less impact on the environment. 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 . People are going to pay attention to what Bill is doing, Sherrick says. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. 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. While that is . Get the world's best independent media newsletter delivered straight to your inbox. BlackRock also does not own the majority of the countrys 80 million single-family homes. Making farming a business is the way to push African agriculture, says Robert Guei of the FAO in Rome, Italy. She is thinking of buying land to build a house for renting, and a truck to allow her to trade her merchandise more widely. Farmland in those parts is valuable, commanding prices between $10,000 and $15,000 per acre, far beyond the state average of about $2,000. Im hoping to lay a concrete floor soon, she says. 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. Whether or not Gates personally directed Cottonwood Ag to get involved in the Leading Harvest project, the move makes both environmental and business sense. The couples acquired farmlandisowned through a private investment company Cascade Investment.This company also owns shares in plant-based protein companies Beyond Meat and Impossible Foods, as well as agricultural equipment maker John Deere. When Ted Turner bought his Flying D Ranch in Montana in 1989, that was his personal passion, OKeefe says. 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. Couple find note in chimney that reveals their 290,000 house was 100 times cheaper 50 years ago. Gates reportedly paid nearly $1,041,293 in property taxes in 2017, for this property. 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. The Prestigious school where Princes William and Harry were educated is EPHRAIM HARDCASTLE: Prince William's potentially awkward visit to homelessness charity. Another is the possibility of cost competitive biofuels. 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. 5. 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 . 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. It is the largest charitable foundation in the world and distributes more aid for global . Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Tagged Under: The threat of climate change means smallholders must keep adapting if they are to survive and prosper, says Guei. 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. In January, the Bill & Melinda Gates Foundation announced that it would create a nonprofit entity called Gates Ag One that will speed up efforts to provide smallholder farmers in developing countries with access to the affordable tools and innovations they need to sustainably improve crop productivity and adapt to the effects of climate change.. Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. How much land does he own? 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. BlackRock, meanwhile, is also not the owner of the majority of single family houses in the country. Much of Turner's land is used as grazing land for over 50,000 head of buffalo the largest private herd of bison in the world. The moguls holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. bill gates, BioFuel, biofuels, carbon dioxide, carbon emissions, clean technologies, climate change, Coronavirus pandemic, crops, decarbonized power transmission, desalinate, Energy Storage, environ, farmland, fossil fuels, genetic lunacy, GMOs, greenhouse gas emissions, harvest, plant-based protein, solar energy, synthetic meat, zero-carbon cement. It was the highest priced land sale in the US that year. Bill Gates does not own the majority of U.S. farmland. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions, Gates wrote, responding to a question in Ask Me Anything (AMA) session on social media platform Reddit in March. At least thats what the developers partnered with Gates investment group have promised. Thanks for contacting us. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. But the purchaser of record was a small, obscure company in Louisiana. owns the patent of the COVID-19 virus. 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 . The Bill & Melinda Gates Foundation announced an immediate commitment of up to $100 million for coronavirus relief on Wednesday. Earlier this week, North Dakota State Attorney General Drew Wrigley wrote a letter to Red River Trust, care of Headley, notifying it that corporations and limited liability companies were prohibited from owning or leasing farmland or ranchland in the state of North Dakota., Wrigley wrote that these entities were also barred from engaging in farming or ranching.. In 2008 it launched a programme called Purchase for Progress (P4P) that targets smallholder suppliers, including those in 15 African countries. The . From these initial three countries, the programme has expanded to 18. The Microsoft cofounder and philanthropist Bill Gates owns 242,000 acres of farmland in the US, making him the largest private-farmland owner, an analysis by The Land Report found in January. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. However, the land held only amasses 1 percent of the total acres of farmland in the United States. 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. Gates is also number 49 on a list of individuals, families, and businesses who own farmland in the states. 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 . James B. Meigs is the co-host of the How Do We Fix It? podcast and the former editor-in-chief of Popular Mechanics. of the richest people in the country, owns less than one percent of the nations total farmland. AFRICA. False. How Much Land Does Bill Gates Own In Africa? OKeefe knew Gates had been acquiring farmland for years, mostly through various Cascade subsidiaries. The same logic likely holds for Gates Arizona acquisitions. Bill Gates, whose house in the Medina area of Seattle is pictured, has built up a diverse property portfolio over the years. He added: 'In addition, the states oldest winery, Chateau Ste. 5. So AGRA is putting farmers in touch with everyone from financiers who offer microcredit to agents who buy produce for sale elsewhere. Newsweek called him a sustainable agriculture champion., Those stories dovetailed with earlier reports about Gates large land acquisitions in Arizona. The nearby community of Buckeye has grown more than tenfold in the last 20 years. 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. The firm is a shareholder in Dallas-based Invitation Homes, which owns nearly 80,000 single-family rentals nationwide. by Harvard Universitys Joint Center for Housing Studies. The trust and Headley were given 30 days to respond to the letter. Gates who stepped down from day-to-day involvement with Microsoft in 2008 has long been looking for ways to help the worlds poorest and to address the planets environmental challenges. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm. Her new house is made of brick and has a tin roof and two bedrooms. Though it's only a sliver of the nation's 900 million agricultural acres, Gates' trust gobbled up property in . He now owns more farmland than my entire Native American nation (Related:Why is Bill Gates buying up farmland across America?). Through Sierra Pacific, the family owns some 2 million acres in California and Washington. Weve never been one of the big institutional buyers of single family homes, BlackRock said in response to one tweet. ', Last year the couple bought an oceanfront home in Del Mar, near San Diego, California, for $43million, The six-bedroom Del Mar home boasts a ten-person jacuzzi and a swimming pool overlooking the ocean, Gates, pictured last June during a concert for COVID-19 relief, purchased the San Diego property just as the pandemic took hold in March, In 2017, Gates reportedly bought a significant stake in 24,800 acres of land outside Phoenix, Arizona, which he planned to turn into a 'smart city' with 200,000 residents. He has very competent investment managers.. Bill Gates is now the largest private farmland owner in the United States, according to a new report. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. 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. And thats where the land purchases come in. He owns a huge . Less rain will be a major factor . Gates and his wife paid almost $171 million for 14,500 acres of farmland in the Horse Heaven Hills of Benton County, Wash., according to The Land Report. Published: 23:06 GMT, 15 January 2021 | Updated: 07:04 GMT, 16 January 2021. Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. This boosted Bandas annual income from $50 to $750 last year. With $22 million in . This means biosludge from human waste will be spread on farms to grow more GMOs all to save the planet.. ITS like having a new life, says Lucy Banda, a farmer in Mwambaso village in western Malawi. Oscar Cainer tells all. Nous, Yahoo, faisons partie de la famille de marques Yahoo. 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. People involved in the Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments and business ventures. Bill Gates is working hard to prove he's a great guy. That immediately set off alarm bells, OKeefe says. Microsoft co-founder Bill Gates finally revealed the reasons behind his massive purchase of farmland: seed science and biofuel development. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? A primary proponent of this view is the Cornell Alliance for Science (CAS), founded in 2014 to "depolarize the charged debate" around genetically modified (GM) seeds. Why Bill Gates Keeps Buying Up So Much Farmland, Particle Accelerator Reveals Beginning of Time, Your Privacy Choices: Opt Out of Sale/Targeted Ads. 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. How much land does he own? Bill Gates land purchases look to me more like sensible long-term holds run by experienced asset managers.. It is 30 kilometres from Mwambaso, the village where she lives to the nearest town, Mchingi. New Scientist went to press before the meeting finished. . 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. appeared to be earmarked for genetically engineered corn and soy crops, converts plant waste and biomass into sugars that can be converted into biofuels, Accumulation of ammonia from agriculture linked to cloud formations over Asia, Climate change propagandist Michael Mann calls for total censorship of anyone who disagrees with him (op-ed), Bidens claim that deadly Midwestern storms stem from human-caused climate change ripped as utter bulls**t by real meteorologist, Navigator Heartland Greenway using eminent domain to seize American farmland, construct CO2-sucking machines that will deprive crops of essential nutrient in the name of climate change, Deranged Canadian doctor diagnoses patient with climate change, South Pole records its coldest six months stretch, as Arctic Sea ice volume expands, nearing 20-year record, STUDY: Injecting sulfur into the atmosphere (as Bill Gates is doing) is a recipe for climate disaster, Due to changes in solar cycles, Earth could enter a period of GLOBAL COOLING, scientists warn, Kennedy Hall: Climate change and Covid pandemic are tools of control by global elites, Like COVID-19, climate alarmism is a tool global elites wield to control our lives, Mainstream media repeats debunked climate change claims pushed by The Lancet, Transport of tropical ocean heat causes over-estimation of global average temperatures, Three studies reveal natural phenomena, not humans, behind global warming, Convenient hypocrisy: Americans pay global warming tax while China pollutes, much like the Covid vax is mandatory for US citizens while the border is wide open, Larry Hamlin: Climate emergency is the product of propaganda and politics without scientific backing, Climate alarmists hype sea level rise by 2050, claim it could be 50 times greater than actual data, Facebook fact-checkers censor peer-reviewed scientific article proving the sun, not CO2, is responsible for climate change, Expert warns of weaponized weather being used against US power grids, STUDY: Excess CO2 is greening the planet, not killing it, Exceptional drought stressing crops in American West. To effectively address climate change, we need to develop an energy infrastructure that doesnt emit greenhouse gas and is cost competitive. 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. 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. The Gates' portfolio of farmland covers 18 states. Some are near cities and might end up having other uses.". Bill Gates is one of the richest men in the world, but his wealth pales in comparison to that of other billionaires. 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. In the future, farmers will be paid for sustainability, says Sherrick, who sits on the groups board. CLAIM: Microsoft co-founder Bill Gates owns the majority of Americas farmland and the investment firm BlackRock holds the majority of single family houses in the country. How fitting! The family's 1.7 million acres of land are primarily spread across Washington, Oregon, and California. Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America's farmland. ', Cascade did not elaborate on the agricultural land purchases other than to say that the company is 'very supportive of sustainable farming. NY Post Gates is said to own nearly 270,000 acres of farmland nationwide. That means Gates, whose net worth is estimated at some $134 billion. Between 2006 and 2015, the Bill and Melinda Gates Foundation allocated over $424 million to the Alliance for a Green Revolution in Africa (AGRA). It is unclear why Gates, better known as a self-confessed computing 'nerd', has invested in farmland so heavily, and details of the land are scarce,as revealed in The Land Report. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. 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 ofthe Land Report 100, an annual survey of the nations largest landowners. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. Likely holds for Gates Arizona acquisitions that of other billionaires sale elsewhere its largest vineyards that... Small slice of the countrys 80 million single-family Homes three-quarters of them live in Asia! 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