bill gates land ownership map bill gates land ownership map

In May, Bill Gates also transferred about $850 million in shares of the agricultural machinery company John Deere to his wife after the two shared publicly their plans to divorce. The piece noted that the firm owns at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana and other states or an area seven times bigger than Manhattan.. The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments. Can you imagine having that much property? The extensive tax avoidance by these titans of industry will always far exceed their supposed charitable donations to the public. 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. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm. There, on Gates parcels, an industrial farm grows potatoes for McDonalds french fries. 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. A 2014 Wall Street Journal profile of Larson, Cascade's chief investment officer, hinted at the beginning of that portfolio, after the piece noted that the firm owns 'at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana and other states or an area seven times bigger than Manhattan.'. Kroenke is married to Ann Walkton Kroenke, an heiress to the Wal-Mart fortune. The Gates family currently [] In Nebraska where he owns 20,000 acres, it is used for soybeans. In 2009, the Gates' reportedly purchased a ranch in Wyoming that once belonged to Buffalo Bill Cody. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. The farmland real estate investment trust (REIT) Farmland Partners, which owns 156,500 acres in 16 US states, has seen its traded value more than double since November and is trading near an. The biggest chunks of Gates holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlets research found. Some raw land may even be as affordable as a few thousand dollars, which can be an affordable and cost-effective investment strategy (or just a place to use for personal reasons). Why aren't they giving more? Learn more about fact-checking at AP. Almost 300,000 acres is a lot of land for one family or private individual to own, but it's still just a. . BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. The billionaire media mogul Ted Turner epitomizes such disparities. In this country, enslaved Black labor first built US wealth atop stolen Native land. Today, Bill Gates owns 242,000 acres of farmland in 19 states. But billionaire class assertions that they are philosopher kings and climate-conscious investors who know better than the original caretakers are little more than ruses for what amounts to a 21st century land grab with big payouts in a for-profit economy seeking green solutions. His first major purchase was Bell Ranch in New Mexico, a 290,100-acre plain saturated with mesas, rimrock canyons, pastures and a bell-shaped mountain. Several Properties in Wellington, Florida: $27.2 Million (Total). This can be an affordable way to get started with your raw land investments. On Friday, a showdown between two of the largest agricultural landowners in the United Statesthe Church of Latter-Day Saints and Bill Gates ' wealth management firmcame . Real estate mogul and owner of the Los Angeles Rams, Stan Kroenke, owns 1.4 million acres of land in the United States, including a 124,000 acre ranch in Montana and additional land in Wyoming. 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. And not all the renters are local. He hoped Gates would have invested in different farming techniques that could help turn around the ecological damages from big agriculture. The 14,000 acres in Washington is used for potatoes and in Florida the land is used for carrots. NBC News also found that another 6,500 acres in north Florida are owned by yet another company, Suwannee River Terra, which was also started with an address in Kirkland and an email address from the Bill and Melinda Gates Investment Firm, which is now registered to the current chief counsel of Oak River Farms with a mailing address in Kansas, according to property records. While the Gateses are best known for their philanthropic work tackling large-scale societal problems, like funding the coronavirus vaccine and controlling malaria via the Bill and Melinda Gates Foundation, they have also invested in some companies rethinking food production and have endorsed the use of genetically modified seeds as one way to increase farming productivity and feed more people globally. The acquisition, however . The agriculture sector is important, he wrote. Although the price that the Gates paid for this property was never made public, theres a $300,000 initiation fee, and more than $37,000 in annual feesand you still have to purchase a home within the community. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. Public records suggest Cascade Investments has bought its farmland through a web of at least 22 limited liability shell companies across the country. The principal danger of private farmland owners like Bill Gates is not their professed support of sustainable agriculture often found in philanthropic work its the monopolistic role they play in determining our food systems and land use patterns. He backed Impossible Foods, which relies on genetically modified soybeans, and also held shares of Beyond Meat through the Bill and Melinda Gates Foundation Trust, though SEC filings show those shares were sold in 2019. In every state where the Gateses own land, a tangled web of locally registered limited liability companies follow. Both companies were founded in 2012 with the same address as Cascade Investments in Kirkland, which later changed its mailing address to a Louisiana post office box assigned to Oak River Farms, another subsidiary of Cascade. It also offers proven return rates. The opportunities are virtually endless. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. While he owns nearly half of the Four Season Holding's hotel chain through Cascade, he also has partial ownership of Charles Hotel in Cambridge, Massachusetts. Gates shares ownership with Saudi Prince Alwaleed bin Talalthe two purchased the chain in 2007 for $3.8 billion. The January 11 issue of The Land Report is worth reading. Malone owns several ranching and real estate businesses predominantly in Maine, New Mexico, Colorado and Wyoming. Apparently Bill Gates now owns almost 242,000 acres of land in the United States. They bought and later sold an additional 6,000 acres in Georgia, NBC News found. As more and more land gets developed, if you own land that is in the path of the plan, you could have buyers offering you big money to take hold of the property. 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 billionaire tech mogul and philanthropist has quietly amassed nearly 270,000 acres of farmland across the country, but thats still a relatively small slice of the nations nearly 900 million total farm acres. Gates diversified his investment portfolio through land ownership, but why? It can be used for residential development, commercial projects, industrial zoning, public or semi-public use, agriculture, or right of way (a way for others to access a different piece of land or portion of the land). One of those farms, Stanley Farms, specialized in Vidalia onions, and another, Coggins Farms, focused on growing carrots. The conservation of lands is important, he said. They own the soil where the potatoes in McDonalds french fries grow, the carrots from the worlds largest producer and the onions that Americans saut every night for dinner. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. 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. Dailymail.com Reporter The Microsoft co-founder and his former wife, Melinda, are the top farmland owners in. 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. 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. The state's Republican Attorney General Drew Wrigley had inquired into the land sale, and on Wednesday issued a letter saying the transaction complied with an archaic anti-corporate [] They own the soil where the potatoes in McDonald's french fries grow, the carrots from the world's largest . The map shows a 242,000 acre square situated over New York. The Microsoft co-founder has reportedly purchased an $8.9 million Wyoming ranch that was once the stomping grounds of Buffalo Bill . You can also fill out the contact form below if you are interested in buying or selling land. Like wealth, land ownership is becoming concentrated into fewer and fewer hands, resulting in a greater push for monocultures and more intensive industrial farming techniques to generate greater returns. If you are unsure where to start, you can also check country tax sales. Cascade declined to comment on its specific land holdings. A hint at Gates huge farm holdings emerged in a 2014 Wall Street Journal profile of Michael Larson, the money manager who serves as Cascades chief investment officer. Bill Gates was quietly becoming the biggest private owner of farmland in the United States. Gates portfolio comprises about 242,000 acres of farmland and nearly 27,000 acres of other land across 19 states, according to The Land Report, a magazine for land investors that tracks the nations biggest landowners. That title goes to John Malone, the former CEO of Tele-Communications Inc, which was purchased by AT&T Inc in 1999 for more than $50billion. Someone else is owning that asset, whether it's rented equipment or land. Land is power, land is wealth, and, more importantly, land is about race and class. AP'S ASSESSMENT: False. It just seemed like a good thing to do., 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, A map has revealed which billionaire owns the most land in the US, and it's not Bill Gates, John Malone owns about 2.2million acres of land across the United States, In comparison, Microsoft co-founder Bill Gates owns about 270,000 acres of farmland, Malone is worth an estimated $9.22billion, Meet the largest landowner in the US as map reveals stunning amount of land billionaire owns and its not Bill Gates. 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. Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . An NBC News analysis also identified Gates as the largest farmland owner in the US. In fact, he owns some of the land that produces potatoes used to make McDondalds french fries. APS ASSESSMENT: False. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. In Nebraska where he owns 20,000 acres, it is used for soybeans. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. Brittany has been in the land business since 2020 when the world was starting to shut down. Bill Gates had managed to purchase nearly 269,000 acres of land in more than 12 states in the US. 07:04 GMT 16 Jan 2021. Mason notes that trying to draw hard lines between ones philanthropic work and ones investments does not work. In enrolling in Leading Harvest, Cascade has implemented new initiatives on its farmland holdings ranging from adding additional pollinator habitat in Nebraska to planting wildlife-friendly trees on dry pivot corners in Florida to hosting grain bin safety rescue training for the local community in Louisiana to converting numerous diesel power units to electric to reduce carbon output, to name a few, Zheren said. You may also be interested in why a billionaire wants land.if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'askbamland_com-medrectangle-3','ezslot_2',102,'0','0'])};__ez_fad_position('div-gpt-ad-askbamland_com-medrectangle-3-0'); Bill Gates is one of the largest farmland owners in the United States. These shell companies have made it difficult to find out where and how much farmland the Gateses own even for local farmers, like John S. Quarterman, a farmer and landowner who grows okra, corn, squash and other vegetables in Lowndes County on the southern edge of Georgia. Published: 18:36 ET, Dec 8 2022 Updated: 10:03 ET, Dec 9 2022 A MAP has revealed which billionaire owns the largest amount of land in the US - you'll be shocked to know that it isn't Bill Gates. You can email us at [email protected]. Theres a more cynical calculation. Land can produce food, fuel, and manufacturing materials as well as provide environmental services, residential spaces, and more. Bill Gates is now the largest private landowner in the country. Through Sierra Pacific, the family owns some 2 million acres in California and Washington. Someone else is building that equity on their back, said Johnathan Hladik, the policy director at the Center for Rural Affairs, who is also a farmer in Nebraska. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. If you said investment, then you are right. 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. 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. While land is a limited resource, there is still less competition for raw land than there is with residential and commercial real estate. It may even be easier to sell smaller lots than it would be to market the entire portion of land that you invest in. According to Forbes, the worlds billionaires saw their wealth swell by $1.9tn in 2020, while more than 22 million US workers (mostly women) lost their jobs. The Gates Rancho Santa Fe estate was purchased in 2014 because of its horse stables and proximity to a local race horse track. 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. Farmland can be an investment in several ways. As the population grows in large cities, some people will inevitably want to move to the country. 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. Cascade Investments declined to comment on its interest in acquiring so much American farmland, but a spokesperson for the firm, Charles V. Zehren said it is very supportive of sustainable farming. He pointed out that in 2020, the acreage that Bill Gates firm owns was all enrolled in a sustainability program. Dailymail.com Reporter, Meet John Malone of Liberty Global the Darth Vader of Wall Street and the man who wants a slice of Formula One, Bill Gates is accused of hypocrisy after joining bidding war to buy the world's largest private jet operator - one month before he releases his book preaching about climate change, Isabel Oakeshott receives 'menacing' message from Matt Hancock, Insane moment river of rocks falls onto Malibu Canyon in CA, Mom who lost both sons to fentanyl blasts laughing Biden, Pavement where disabled woman gestured at cyclist before fatal crash, Pro-Ukrainian drone lands on Russian spy planes exposing location, 'Buster is next!' Beach House in Del Mar, California: $43 Million. Back in January, US magazine The Land Report revealed that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the US, comprising an estimated 242,000 acres. With the Washington state acreage and other additions to his portfolio, The Land Report estimates that Gates now owns at least 242,000 acres of American farmland. He is also the chairman and largest stakeholder of Liberty Media, possessing 28% of Discovery Communications, which was acquired by Scripps Network for $14.6billion. The billionaire says he purchased the land because they are not making it anymore.. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. Starting in 2012, Gates investment firm began buying family farms in South Georgia. Small farmers and Indigenous people are more cautious with the use of land. But a Gates spokesperson said in a statement on Friday that the claim that hes bought the majority of the nations farmland is false, pointing to. 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. So why did the Land Report dub him Farmer Bill this year? Bill Gates may no longer be the worlds richest man, but he can claim a new title: Americas farmland king. Bill Gates: America's Top Farmland Owner | The Land Report. But Zehren of Cascade noted that the firm has been working in Florida and elsewhere to promote ecologically conscious agriculture and that it plans to continue to evaluate its farmland portfolio to improve its overall sustainability. But they're just renting it. The Associated Press reports that last week, billionaire Microsoft founder Bill Gates was cleared to purchase 2,100 acres of rural North Dakota farmland. Malone also has 25% shares in Liberty Global, the largest international cable company with just under 30million subscribers, and owns 8% of the Atlanta Braves baseball team. The third richest man on the planet doesnt have a green thumb. Bill Gates owns a lot of American farmland, but not the majority By PHILIP MARCELO May 2, 2022 CLAIM: Microsoft co-founder Bill Gates owns the majority of America's farmland and the investment firm BlackRock holds the majority of single family houses in the country. Mansion in Rancho Santa Fe, California: $18 Million. Bill Gates has never been a farmer. Microsoft co-founder Bill Gates finally revealed the reasons behind his massive purchase of farmland: seed science and biofuel development. Now in its 15th edition, this landmark study tracks the diverse array of farmers, ranchers, forest owners, entrepreneurs, and investors who own at a minimum 243.75 square miles. He owns significantly more farmland than Minnesota's Offutt family and California's Resnick family, which each own 190,000 acres and rank second equal on the list. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. The worlds richest 1% emit double the carbon of the poorest 50%, an 2020 Oxfam study found. Its a hedging strategy, said Daniel Bigelow, a professor of agricultural economics at Montana State University, who previously served as a USDA research economist. A 2018 purchase of 14,500 acres of prime eastern Washington farmland - which is traditional. In fact, this also means that you may not even have to apply for a loan to start the investment! Along the Columbia River border between Washington and Oregon, the Gateses purchased 100 Circles Farm, a 14,500-acre plot of land, for $171 million in 2018, according to property and business records. Bill Gates, the billionaire founder of Microsoft, has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18 states. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . Private Residence at the Yellowstone Club in Big Sky, Montana: Estimated $5-25 Million. The billionaire couple, in less than a decade, have accumulated more than 269,000 acres of farmland across 18 states, more than the entire acreage of New York City. This site also participates in other affiliate programs including but not limited to ShareASale, CJ, and ClickBank, and is compensated for referring traffic and business to these companies. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. Some of that land, including nearly 300 acres, was sold in 2019 to the California-based Grimmway Farms, the worlds largest carrot producer. , updated Our inventory spans five western states. 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 Repor t. Across the nation, Gates'. While Gates is Americas biggest farmland owner, hes far from being the nations largest landowner in general. Housecall is the official blog of RISMedia, covering real estate news and information for agents, brokers and their clients. buying an increasing share of the U.S. housing market. Bill Gates may be trading his pocket protector for cowboy boots. You just have to keep it relatively clean, mow it, and pay property taxes. These billionaires have nothing to offer us in terms of saving the planet unless its our land back. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm primarily invests in retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. Where Does Bill Gates Own Farmland in the US. The 229-acre property was once home to Jenny Craig, founder of the Jenny Craig nutrition company, and was purchased by the Gates with hopes that it would one day be where their daughter Jennifer could train for her equestrian career. The biggest shift in recent years from small to big farms was in the US. It was the highest priced land sale in the US that year. One of the Gates favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. (Ruth Fremson/The New York Times) (Ruth Fremson / The New York Times via Redux Pictures), John Quarterman on his farm in Lowndes County, Ga. (Matt Odom / for NBC News), John Quarterman stands by the Withlacoochee River. The comments below have not been moderated, By Nor does he put in the back-breaking labor humble people do to grow our food and who get far less praise for it. This number stems from last year's edition of . That is a big chunk of land. 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. And while Bill Gates frets about eating cheeseburgers in his book for the amount of greenhouse gases the meat industry produces largely for the consumption of rich countries his massive carbon footprint has little to do with his personal diet and is not forgivable by simply buying more land to sequester more carbon. The billionaire knows best mentality detracts from the deep-seated realities of colonialism and white supremacy, and it ignores those who actually know best how to use and live with the land. 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. He added: 'In addition, the states oldest winery, Chateau Ste. Thanks for contacting us. The company also took to Twitter to reject the false narrative. retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found.His 242,000 acres of farmland stretch across 18 states Bill Gates owns farmland in 18 states . Gates and his investment team own more than 240,000 acres, as reported by O'Keefe, including 2,167 acres in Michigan. Like other investment opportunities, you can find land for sale online. In fact, he reportedly owns more farmland than any other individual in America. Bill Gates, the fourth richest person in the world, currently owns 242,000 acres of farmland, making him the top private farmland owner in America, according to Forbes. After all, few can out-bid Bill Gates. The land that Gates owns is located in several states and consists primarily of commercial farmland. LITTLE ROCK, Ark. Land will likely never be a bad investment, as long as the land is healthy and properly located. The trend worries young farmers who cannot compete with the likes of Bill Gates when buying land, according to Holly Rippon-Butler, a farmer in upstate New York and the land campaigns director at the National Young Farmers Coalition. The family's 1.7 million acres of land are primarily spread across Washington, Oregon, and California. Properties up for grabs include a $123million mansion with a trampoline room and a $43million oceanfront mansion with a ten-person jacuzzi. MINOT, N.D. North Dakotans like to pride themselves on being pro-property rights. 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. It also allows you to keep a portion of the land for personal use so you do not have to give up your weekend home or relaxation property. (Google Maps), Image: The building housing the offices of Cascade Investment in Kirkland, Wash., on May 22, 2021. While private companies and corporations are increasing . Bill Gates top private farmland owner in US. In 2014, Cascade Investments combined both of those companies and the land into Generations Farms, which continued to grow vegetables. The project is in its early . Seems like there could be a lot to benefit more of their charities by selling some of this off. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. A white man owns more farmland than my entire Native nation! Marjorie Taylor Greene SHAMES Former . So what is this guy planning? 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. Bill Gates is best known for revolutionizing personal computing, but lately he's gotten back to the land. And that its going to take big swaths of land, like what Bill Gates has taken, to do that, said Konda Mason, the founder and president of Jubilee Justice and Potlikker Capital, which funds and supports regenerative agriculture projects owned by people of color. 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