bill gates land ownership map
Bill Gates owns more land than all of the entire city of New Why Bill Gates Is Buying Up U.S. 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 in Nebraska, where farmers grow soybeans. Bill Gates' Land Ownership. This will always be true, no matter where the land is. The option expires Oct. 31, 2024. The Gates Rancho Santa Fe estate was purchased in 2014 because of its horse stables and proximity to a local race horse track. The opportunities are virtually endless. Bill Gates has invested in various high-profile commercial properties through his personal investment company, Cascade. He now owns more farmland than my entire Native American nation. This means that there is not much to maintain on it unless you want to add your own buildings or other property. Land holds ample opportunities for growth and development, yet you may find that there is more land than there is competition. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. The land is owned both directly and indirectly by Cascade Investment, the Seattle-area firm that Gates the worlds third-richest man with a net worth of $132 billion, according to Bloomberg set up to manage his massive fortune, according to The Land Report. Bill Gates now owns more farmland than anyone else in the United States, as the tech tycoon has quietly purchased 242,000 acres of farmland in several states across the country. The foundation aims to support country-led inclusive agricultural transformation across sub-Saharan Africa and South Asia, according to its website. According to the Land Report 100 Research Team, that figure is currently more than twice that amount, which means Bill Gates, co-founder of Microsoft, has an alter ego: Farmer Bill, the guy who owns more farmland than anyone else in America. Except, it seems, when it comes to a private individual selling some land to iconic billionaire Bill Gates. The price makes this one of the most expensive home sales in this part of California ever. Through our professional experience in land acquisition, we have found that people buy and sell land for many different reasons and have learned that it can be an investment for profit, vacation, or any opportunity that suits your needs and desires. If you said investment, then you are right. Can you imagine having that much property? Bill Gates is in the money flow business, and farmland, as well as other land, can generate a lot of money. Those animals, which are sacred to my people and were nearly hunted to extinction by settlers, are preserved today on nearly 200,000 acres of Turners ranchland within the boundaries of the 1868 Fort Laramie Treaty territory in the western half of what is now the state of South Dakota, land that was once guaranteed by the US government to be a permanent home for Lakota people. And not all the renters are local. As more and more land becomes developed, less and less raw land is available, which potentially increases the value as demand remains the same or even increases. According to the Tri-City Herald, 14,500 acres of Eastern Washington farmland was recently sold to the couple for almost $171 millionthats nearly $12,000 an acre. Several Properties in Wellington, Florida: $27.2 Million (Total). In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. Renewable energy company Savion has an option to buy the property for what . There, on Gates parcels, an industrial farm grows potatoes for McDonalds french fries. 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. The third richest man on the planet doesnt have a green thumb. The 13,573-square-foot home has six bedrooms, 11 bedrooms and more luxury features than you can count. Which is where the Bill Gates' Land Ownership interactive map comes in. Land is power, land is wealth, and, more importantly, land is about race and class. Bill Gates had managed to purchase nearly 269,000 acres of land in more than 12 states in the US. It makes no sense.. Its uncertain why Gates has invested in so much farmland or how his tracts are currently being used. Another 5,500 acres was sold to Generation Land Georgia, a company that shares an address with Miami-based Optimum Agriculture, which bought Generations Farms in 2019. He also reportedly owns 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. His land ownership spans across 19 states. He owns 2m acres and has the worlds largest privately owned buffalo herd. According to the Land Report 100 Research Team, that figure is currently more than twice that amount, which means Bill Gates, cofounder of Microsoft, has an alter ego: Farmer Bill, the guy who owns more farmland than anyone else in America. I mean, it is unlikely that one of the richest people in the world would invest in something that wasnt a good investment, right? The 14,000 acres in Washington is used for potatoes and in Florida the land is used for carrots. One of those farms, Stanley Farms, specialized in Vidalia onions, and another, Coggins Farms, focused on growing carrots. Bill Gates acquired six parcels of land in Pembina County. But that could soon change. The acquisition, however . askBAMLand.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon. Thats why lands still managed by Indigenous peoples worldwide protect and sustain 80% of the worlds biodiversity, practices anathema to industrial agriculture. Tuesday, the office of the Attorney General sent out a letter asking the Red River Trust to confirm how the company plans to use the land . The Microsoft co-founder faced several claims that he owned a majority of America's farmland earlier this year. There . Cascade did not immediately respond to a phone message Friday, and the company declined to comment to The Land Report other than to say that Cascade is very supportive of sustainable farming, the outlet said. They own the soil where the potatoes in McDonald's french fries grow, the carrots from the world's largest . Do whatever you want to with the land as the value increases. Theres a more cynical calculation. Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. While those companies dont explicitly name Cascade Investments as the owner in their public records, they do share the address of Cascade in Kirkland, Washington, or the address of a Cascade subsidiary, list the names of Cascade employees who registered the companies and sometimes even email addresses from the Bill and Melinda Gates Investment Group. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. Bruere said some states such as Iowa enforce foreign ownership restrictions to prohibit foreign ownership or limit . Malone continued, the forestry part of it in the Northeast is a pretty good business, with very low return on capital, but very stable and leverageable. (Matt Odom / for NBC News), Image: John Quarterman (Matt Odom / for NBC News), Image: Philanthropist and co-founder of Microsoft, Bill Gates and his wife Melinda listen to the speech by French President Francois Hollande, prior to being awarded Commanders of the Legion of Honor at the Elysee Palace in Paris (Kamil Zihnioglu / Pool via Reuters), American businessman and philanthropist (born 1955). And Bill Gates new book How to Avoid a Climate Disaster positions himself as a thought leader in how to stop putting greenhouse gases into the atmosphere and how to fund what he has called elsewhere a global green revolution to help poor farmers mitigate climate change. Bill Gates has secured legal approval for the controversial purchase of thousands of acres of prime North Dakota farmland, after the deal drew fury from the state's residents. All that farming has led to large water withdrawals from Florida's aquifer system and requires fertilizer, which leaches through the ground into waterways, emptying nitrogen that has led to destructive algae blooms and severe loss of fish and marsh habitats. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. 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. We think we now know. Stan Kroenke: Land area: 1.4 million acres. Leading Harvest requires farmland owners to work to continuously improve soil health, biodiversity, and water, air and crop quality on their farms as well as contribute positively to local communities, comply with regulations, and provide a safe and respectful working environment for employees, Zehren said. According to O'Keefe, Gates isn't 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. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm. Farmland can be an investment in several ways. Bill Gates may no longer be the world's richest man, but he can claim a new title: America's farmland king. When pressed during a book discussion on Reddit about why hes gobbling up so much farmland, Gates claimed, It is not connected to climate [change]. The decision, he said, came from his investment group. Cascade Investment, the firm making these acquisitions, is controlled by Gates. Malone made the decision to put billions of his wealth into land ownership after spending a summer working on a family farm in Pennsylvania. That is a big chunk of land. The conservation of lands is important, he said. In 2014, he co-founded The Red Nation, an Indigenous resistance organization. Buffalo Bill Cody's Ranch in Cody, Wyoming: Undisclosed Sale Price (Listed for $8.9 Million). After all, few can out-bid Bill Gates. by Harvard Universitys Joint Center for Housing Studies. The area off Interstate 10, called Belmont, has space for 80,000 homes as well as more than 4,000 acres for schools, offices, and stores; and 3,400 acres of open space. Where Does Bill Gates Own Farmland in the US. Bill Gates may be trading his pocket protector for cowboy boots. Bill Gates uses farmland as investment vehicle, owning 269,000 acres of land. 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. You can email us at [email protected]. Gates shares 95% of the ownership with Saudi Prince Alwaleed bin Talal. In Nebraska where he owns 20,000 acres, it is used for soybeans. ', 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.'. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. Like other investment opportunities, you can find land for sale online. You may have heard that Bill Gates owns a lot of land, but you may not know how much. The Associated Press reports that last week, billionaire Microsoft founder Bill Gates was cleared to purchase 2,100 acres of rural North Dakota farmland. There is a certain irony, of course, about Gates, 65, becoming the USA's biggest private owner of farmland, which American publication the Land Report recently declared him to be. Gates . The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments. Gates, in an Ask Me Anything session on Reddit last year, said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. They said farmland has been a popular investment for a long time because of its stability. These purchases are also a direct result of their daughters equestrian career hopes because of Wellingtons close proximity to the Palm Beach International Equestrian Center. 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 of the Land Report 100, an annual survey of the nations largest landowners. In other words, when the economy is struggling, the value of farmland generally doesnt depreciate. Thats where the Gateses began buying land in 2013 through two limited liability corporations registered to an address in Kirkland by Derek Yurosek, then head of agriculture operations for Cascade. ', Cascade did not elaborate on the agricultural land purchases other than to say that the company is 'very supportive of sustainable farming.'. The gun and the whip may not accompany land acquisitions this time around. But Gates, known for his philanthropic work solving some of the worlds most pressing public health and climate problems, has suggested that he does not treat his American farmland investments as part of his broader plans to save the planet. Farmer Bill. What Is The Banking Process To Buy Raw Land, Price Of Agricultural Land In The Philippines. 2023 NYP Holdings, Inc. All Rights Reserved, BillGatesbuys nearly $1B Heineken stake despite not being a big beer drinker, Bill Gates daughter living in $51M NYC home as she welcomes first baby, Elites want to use AI to censor political opponents, Bill Gates claims his private jet habit not part of the climate problem. The farmland was purchased through a constellation of companies that all link back to the couples investment group, Cascade Investments, based in Kirkland, Washington. He also purchased the 800-acre Bridlewood Farms in Florida. This number stems from last year's edition of . Besides the enrollment of their landholdings in Leading Harvest, the Gates Foundation in 2020 also created an agricultural nonprofit, Gates Ag One, which focuses on bringing affordable solutions to small-scale farmers in sub-Saharan Africa and South Asia to improve crop productivity.