bill gates land ownership map

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. Bill Gates investment company, Cascade Investments, has invested in hundreds of thousands of acres of farmland in the last 10 years. Is Bill Gates your farming neighbor? - Farm Progress "The agriculture sector is important. Mason notes that trying to draw hard lines between ones philanthropic work and ones investments does not work. But those working on projects with both investors and farmers to create ecologically sustainable farming methods and support diverse and disadvantaged farming communities say rethinking agriculture and working to avert a climate crisis go hand in hand. Hes the landlord, or rather, the companies owned by his investment firm are the landlords. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. In other words, when the economy is struggling, the value of farmland generally doesnt depreciate. Land is power, land is wealth, and, more importantly, land is about race and class. Our inventory spans mostly in the western United States. He also purchased the 800-acre Bridlewood Farms in Florida. Like other investment opportunities, you can find land for sale online. The Microsoft co-founder has reportedly purchased an $8.9 million Wyoming ranch that was once the stomping grounds of Buffalo Bill . According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 . The agriculture sector is important, he wrote. MINOT, N.D. North Dakotans like to pride themselves on being pro-property rights. He hoped Gates would have invested in different farming techniques that could help turn around the ecological damages from big agriculture. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. Why is Bill Gates buying up US farmland? - DW - 04/09/2021 Listen to article. How Much Land Does Bill Gates Own? | askBAMLand 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. It will not tell you that Bill Gates is your neighbor. The United States is defined by the excesses of its ruling class. 4 Bill Gates Called Out By Farmer For Secretly Buying Up US Farmland: 'I Bill Gates may be trading his pocket protector for cowboy boots. Well, youd think, if you're looking for somebody with enough capital to try that, he would go first. The farmland was purchased through a constellation of companies that all link back to the couples investment group, Cascade Investments, based in Kirkland, Washington. Bill and Melinda Gates, who recently announced theyre getting divorced and are dividing their assets, are deeply invested in American agriculture. A few years ago, Bill Gates has announced plans to build a smart city outside of Buckeye in Arizona. The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments. A 6,300-acre farm owned by Bill Gates in Madison County could become the site of one of the nation's largest solar farms. Lemmon Holdings, the billionaire spent $80 million to purchase. 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. Bill Gates was also an early investor in fake-meat companies aiming to combat the environmental harms of raising livestock by creating more convincing, plant-based alternatives. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. But why do a handful of people own so much land? For five generations, the Reed Family has owned and operated the logging company Green Diamond Resource Co. Gates achievement, according to the report, is that hes largest private owner of farmland in the US. 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 may have heard that Bill Gates owns a lot of land, but you may not know how much. 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). His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. (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. , an annual survey of the nations largest landowners. Last year, Bill and Melinda purchased a sprawling beachfront 6-bedroom, 4-bath home in Del Mar, Californiaoutside of San Diegofor $43 million. Except, it seems, when it comes to a private individual selling some land to iconic billionaire Bill Gates. Bill Gates has invested in various high-profile commercial properties through his personal investment company, Cascade. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'askbamland_com-leader-1','ezslot_8',107,'0','0'])};__ez_fad_position('div-gpt-ad-askbamland_com-leader-1-0'); Even if you buy the land with the purpose of selling it at a later time when the area undergoes more development, you can still use the land in the meantime. This can potentially earn you tons of money. The 14,000 acres in Washington is used for potatoes and in Florida the land is used for carrots. Bill Gates is best known for revolutionizing personal computing, but lately he's gotten back to the land. 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. Black, Mexican, Asian, and Native people, of course, were categorically excluded from the benefits of a federal program that subsidized and protected generations of white wealth. The private residential area is home to numerous A-list celebrity couples including Justin Timberlake and Jessica Biel. 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. Bill and Melinda Gates also cracked the Land Report's Top 100 Landowners for the first time coming in at number 49. by Harvard Universitys Joint Center for Housing Studies. 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. 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. When Bill Gates, or whatever other investment arm owns the land, a farmer still needs to farm it. Single-family homes are priced between $5-25 million. 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. I mean, it is unlikely that one of the richest people in the world would invest in something that wasnt a good investment, right? Bill Gates farm in Ohio could become giant Savion solar farm 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. Bill Gates' $13.5 million investment in 2,100 sprawling acres of North Dakota land has raised questions as the purchase coincided with a controversial Chinese company buying 370 acres of. At this valuation, Gates likely paid close to $2 billion for the luxury-hotel business. In total, Bill and Melinda Gates have acquired land in more than a dozen states. Why Is Bill Gates Buying Farmland? How Much Does He Own? - Farmfolio Xanadu 2.0 in Medina, Washington: Estimated $140-170 Million, Source: Steve Ringman / The Seattle Times. But theyre far better known for their work in tech and in trying to save the climate. Housecall is the official blog of RISMedia, covering real estate news and information for agents, brokers and their clients. Someone else is owning that asset, whether it's rented equipment or land. Bill Gates is buying up the majority of American farmland and BlackRock is buying the majority of single family houses but Im supposed to believe the biggest threat to us is Elon Musk buying Twitter? read one representative tweet thats been liked or shared on the platform more than 250,000 times. The opportunities are virtually endless. Bill and Melinda Gates' divorce puts massive farmland holdings in focus Mansion in Rancho Santa Fe, California: $18 Million. Now Bill Gates appears to have acquired a slice of their tiny city, and locals near. Land holds ample opportunities for growth and development, yet you may find that there is more land than there is competition. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. 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. *According to figures compiled by The Land Report in 2019. The billionaire recently came under severe criticism from a fourth-generation farmer in South Georgia for his farmland ownership in the U.S. Will Harris, who owns a 152-year-old family farm named. In May, Microsoft co-founder Bill Gates and his wife Melinda Gates revealed in a Twitter statement their decision to end their marriage after 27 years. Theres a more cynical calculation. His firms largest farmland acquisition happened in 2017, when it acquired 61 farming properties from a Canadian investment firm to the tune of $500m. While land is a limited resource, there is still less competition for raw land than there is with residential and commercial real estate. 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. In 2014, Cascade Investments combined both of those companies and the land into Generations Farms, which continued to grow vegetables. In Washington, the Gateses own more than 14,000 acres of farmland that includes potato fields so massive that they are visible from space and some of which are processed into french fries for McDonalds. 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. We would love to talk to you! Raw land is not developed. While the Gates own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[300,250],'askbamland_com-medrectangle-4','ezslot_3',103,'0','0'])};__ez_fad_position('div-gpt-ad-askbamland_com-medrectangle-4-0'); This article will go into detail about how much land Bill Gates owns and why he owns so much. Lets take a look at some of the reasons that land, particularly raw land, can be a good investment for Bill Gates or anybody else, including you. 2,167 acres. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and 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. The map shows a 242,000 acre square situated over New York. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. 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. 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. Last year, Cascade Investment made a second major investment in Arizona by acquiring more than 2,800 acres known as Spurlock Ranch in Buckeye for $25 million, that could be built out to include 8,500 homes. In north Louisiana, the Gateses investment firm owns about 70,000 acres of land through at least three other shell companies. 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. | Chuck Collins, Original reporting and incisive analysis, direct from the Guardian every morning, Land is power, land is wealth, and, more importantly, land is about race and class. Which is where the Bill Gates' Land Ownership interactive map comes in. 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. retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. The project is in its early . Some of that land, including nearly 300 acres, was sold in 2019 to the California-based Grimmway Farms, the worlds largest carrot producer. Bill Gates Becomes the Largest Farmland Owner in the United - Peoplemag 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. This means that you can find good deals that may be just the thing you are looking for. It makes no sense.. Plan for solar farm targets Gates' land - PressReader There are also growing trends revolving around the purchase of low acreage farmland and noncommercial farming. Renewable energy company Savion has an option to buy the property for what is being called Oak Run Solar Project, according to Madison County property records. Here is an overview of all of the property the couple owned together at the time of their divorce: Bill and Melinda dont publicly discuss this topic often, but they are the top owners of farmland in the U.S. With some 242,000 acres, the estimated value of their farmland is in the billions. If you are unsure where to start, you can also check country tax sales. If you own a good amount of land, then you have the possibility of subdividing it into multiple lots that can generate separate income streams. He now owns more farmland than my entire Native American nation. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. One answer might surprise you: While trying to track down who recently purchased 14,500 acres of choice farmland in Washington state's Columbia River Basin, researchers at The Land Report discovered the new owner was Microsoft co-founder Bill Gates. Gates' purchase averaged $12,000 per acre. While Gates owns nearly 270,000 acres of farmland across the US, he isnt the largest landowner in the country. Farmland CNBC 2.94M subscribers Subscribe 47K 4.5M views 1 year ago #CNBC Bill Gates made. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. 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. (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).

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