where is bill gates' farmland in michigan

Nebraska has the third-most Gates-owned farmland in the nation. From the beginning, Cascade Investments focused on blue chip defensive stocks, including Four Seasons, Berkshire Hathaway, Coca Cola, and more. The land was purchased from the owners of Campbell Farms, a potato farming group headquartered in Grafton, North Dakota, approximately 50 miles from the Canadian border. In January 2021, Bill Gates became the largest owner of farmland in the United States. Satellites are on balloons and not in space.. He had accumulated more than 269,000 acres of farmland across 18 states in less than a decade. 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. Bill Gates does not own the majority of U.S. farmland. A spokesperson for Gates also told Reuters the claim that Gates owns the majority of U.S. farmland was false, pointing to the USDA figures. Read next:Bezos-Backed Startup Lets You Become A Landlord With $100. "It is not connected to climate. Other examples can be seen (here), (here). The agriculture sector is important," Gates wrote. Here are a few likely reasons why Bill Gates is scooping up farmland: Whatever you may think about the man himself, 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. The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. 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. While viral conspiracy theories baselessly conjecture that Gates is buying up farmland in order to starve Americans for some unknown reason, there's likely a simpler explanation: Gates makes money off this land. Reuters traced the figure cited by social media posts as the number of acres owned by Bill Gates to The Land Report, which reports on major land ownership in the United States. What Part Of Michigan Is Considered The Upper Peninsula? Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. 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. - Farmland Riches where is bill gates' farmland in michigan. The total portfolio of farmland is worth well over $700 million. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. a Reddit user asked. 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. St. Petersburg, FL Bill Gates was right when he sold his own Microsoft stock to diversify through Cascade in 1994. Perhaps Bill Gates is looking to test out his GMO seeds. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. Now Chinese companies and businessmen are planning to make their home in the United States. 727-821-9494. stated on January 22, 2023 in an Instagram post: The U.S. chicken and egg shortage is linked to Bill Gates. 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. 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. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. 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. Gates owns less than 1% of the nations farmland. Farmland is what is known as an alternative asset an investment that can grow wealth outside of the stock market. When it comes to alternative assets, there are a few options investors can look at such as real estate, fine art, foreign stocks, cryptocurrencies, even NFTs (verdict still out on them). 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. One of the most prevalent claims related to Gates and the potential for food shortages is that the billionaire owns a suspicious amount of farmland in the United States. The state is investigating the purchase of potato farmland by the Gates-linked trust, with the states Attorney General writing in a letter that it wasprohibited from owning or leasing farmland or ranchland in the state of North Dakota.. Bill Gates is buying up the majority of American farmland and BlackRock is buying the majority of single-family houses but I'm supposed to believe the biggest threat to us is Elon Musk buying Twitter? one Twitter user wrote (here). 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. Read also:Which Billionaire Owns The Most Land In The U.S.? We may earn commission if you buy from a link. 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. The Agriculture Department estimates there are more than 895 million acres of farmland in the U.S., making Gates share 0.028%. 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. The publication named Gates the countrys largest private farmland owner in 2020, 2021 and 2022. See here for a complete list of exchanges and delays. as well as other partner offers and accept our. Check out:How To Invest In Real Estate With $100. Oversight. But these companies do not own a majority of U.S. single-family homes. Follow him on Twitter@LucasNolanor contact via secure email at the addresslucasnolan@protonmail.com, EconomyPoliticsTechBill GatesFarmersfarmlandNorth Dakota. These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. As of the latest Rental Housing Finance Survey (2018), there were 19.955 million rental properties in the United States (bit.ly/3FdPtKZ), 17.16 million of them single unit rental properties (bit.ly/3KLCjWH). Any why now after years of massive success? An entity linked to billionaire Bill Gates has reportedly purchased 2,100 acres of potato farmland in northern North Dakota angering local residents. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. Read more about our work to fact-check social media posts here . Access your favorite topics in a personalized feed while you're on the go. 3. Bill and Melinda Gates also cracked the Land Report's Top 100 Landowners for the first time coming in at number 49. How Many Hours Is It From Detroit To Michigan? 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. American Homes 4 Rent holds around 57,024 single-family properties (here). It reported that as of 2022, Gates owned about 248,000 acres of farmland. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. 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.. 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. 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. During times of uncertainty, people often look for someone to blame, and peddlers of misinformation are quick to tell others at whom they should be pointing their fingers. 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. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. 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. We invest in the farms to raise productivity. According to the Tri-City Herald, a 14,500-acre swath of choice eastern Washington farmland in the Horse Heaven Hills of Benton County had just traded hands for almost $171 million. Bill Gates (AP Images) Bill Gates is buying up America's farmland. Why? The Guardian, 5 Apr. Heres why.," Jan. 10, 2023. The billionaire philanthropist Bill Gates, America's largest farmland owner, apparently bought a potato farm in North Dakota, and local residents aren't too happy about it. Gates does own a lot of farmland. Sign up for notifications from Insider! 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 fact, Gates is the owner of over. 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 . In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. Hearst Magazine Media, Inc. All Rights Reserved. The tide began to shift in the early 2000s, when institutional investors began to give farmland a closer look. Agriculture and the National Bureau of Agricultural Statistics, in the United States there are 362,315,055 hectares of farmland. 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. Table of Contents show 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.". No, its the Roman Catholic Church. These posts were flagged as part of Instagrams efforts to combat false news and misinformation. By Dec. 31, 2022, the Agriculture Department reported 43 million egg-laying hens had died because of the disease or depopulation. It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks. The mainland Chinese company Sino-Michigan Properties LLC has paid $1.9 million for 200 acres of undeveloped land in Milan, Michigan. You can find his previous stuff at Gizmodo and Paste if you look hard enough. Farmland originally appeared on Benzinga.com. Gates farmland now totals 242,000 acres. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. "I've gotten a big earful on this from clear across the state, it's not even from that neighborhood," Doug Goehring, the state's agricultural commissioner, told a local NBC affiliate this week. The . 2023 Benzinga.com. In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. District of Columbia According to 2021 article from the Land Report, a magazine about land. By Jenna Hoffman July 5, 2022. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. 1 landowner in the U.S. is billionaire John Malone, the chairman of Liberty Media, who tops . This article Bill Gates Finally Explains Why He's Buying So Much U.S. Nov 14, 2022. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. Should we be worried about a tech giant like Bill Gates amassing this wild amount of land? Bill is now the biggest owner of farmland in 2022 a great hedge asset against rising inflation. "Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions," the letter said. This, combined with holiday demand and continued coronavirus pandemic-related supply-chain pressures, have affected the market. Bill Gates Partnering with Monsanto to create these super seeds is also part of the plan. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. 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. If Not for Climate, Then Why Is Bill Gates Buying so Much Farmland? AFN, 27 Aug. 2021, https://agfundernews.com/gates-if-not-for-climate-then-why-is-bill-buying-up-so-much-farmland. Michigan - 2,167 acres; Mississippi - 16,963 acres; Nebraska - 20,588 acres; New Mexico - 1 acre; North Carolina - 874 . stated on February 26, 2023 a video on Facebook: stated on February 15, 2023 a photo on Facebook: stated on January 29, 2023 a video on Facebook: stated on February 5, 2023 an Instagram post: stated on January 27, 2023 a video on Facebook: stated on January 22, 2023 an Instagram post: stated on January 16, 2023 a photo on Facebook: stated on January 12, 2023 a photo on Facebook: stated on November 6, 2022 an Instagram post: stated on October 26, 2022 a post on Instagram: stated on October 12, 2022 an Instagram post: stated on October 9, 2022 a Facebook post: stated on March 3, 2023 in a Conservative Political Action Conference speech: stated on February 19, 2023 in a Facebook post: stated on February 24, 2023 in an Instagram post: stated on March 2, 2023 in a speech at CPAC: stated on February 25, 2023 in a Facebook post: stated on February 22, 2023 in a Facebook post: stated on February 26, 2023 in an Instagram post: stated on February 27, 2023 in a Facebook post: All Rights Reserved Poynter Institute 2020, a 501(c)(3) nonprofit organization. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. "Those people are upset, but there are others that are just livid about this.". In January 2021, Bill Gates became the largest owner of farmland in the United States. There were 895.3. AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. Corn production is concentrated in the Lower Peninsula with Saginaw and Lenawee counties as Michigans largest producers. RELATED: What Bill Gates has to do with livestock, lab-grown meat, RELATED: Eggflation? Farmland, Biden Hears Oval Office Plea for Alaska Oil Project in Lobbying Frenzy, Apple tops ranking of global companies with the most 'green' revenue, UPDATE 2-North Korea says UN should demand end to S.Korea-US military drills, US Treasury puts cost of outbound investment risk program at $10 million, US Jobs Report and Powell Testimony Take Center Stage: Eco Week. False. By divesting his personal wealth from his own thriving tech company, and diversifying into myriads of other non-tech based businesses, Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became. We need your help. Official: Michigan State gunman had note threatening 2 New Jersey schools. Momentum accelerated during the 2008-2009 Great Financial Crisis, when investors grew desperate for alternatives to traditional safe haven investments like bonds and gold. Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. How Long Can You Be Held Without Bond In Michigan? What Happened: Gates answered dozens of questions over the course of a few hours during the AMA, including: 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?, He responded, I own less than 1/4000 of the farmland in the US. Gates-affiliated ownership covers vast swaths of farm and timberland, estimated to be 69,071 acres in all by niche land ownership publication The Land Report. Thus, in Gates mind, its extremely important to help empower these developing peoples before that year comes to fruition. Using those figures, Gates would own about 0.027% of U.S. farmland. Former Microsoft CEO Bill Gates owns a majority of America's farmland. I have invested in these farms to make them more productive and create more jobs. In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Gates responded: "I own less than 1/4000 of the farmland in the US. Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. 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. Data gathered by The Land Report and NBC News show that their land holdings range from 70,000 acres in north Louisiana, where their farmland grows soybeans, corn, cotton and rice, to 20,000 acres . Who owns the most land in the world 2021? Why? Other noteworthy farmland investors include Ted Turner and Thomas Peterffy. Water bills are soaring in some areas as infrastructure deteriorates, a recent University of Michigan study found. Conspiracy theorists claimed last year that the Microsoft founder was buying up farmland in the U.S. in order to starve Americans for an unknown reason, Snopes said, after researchers said in. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. 2021. While many have also speculated that Gates' land purchases were in some way related to his efforts to curb climate change, Gates has said that the two are unrelated. 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. Across the nation, Gates' affiliates . Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. 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. 22. One of the more colorful theories pertains to Gatess strange interest in U.S. agriculture, with rumors that the former Microsoft CEO owns upward of 80 percent of farmland in the United States.