You cant just say, Ive got $30,000 saved up and I want to buy some farmland, Sherrick notes. It has become a marquee brand in one of the hottest sectors of the food business. 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. (According to The Land Report, Gates owns about 27,000 acres of non-agricultural land, in addition to his farm holdings.). James B. Meigs is the co-host of the How Do We Fix It? podcast and the former editor-in-chief of Popular Mechanics. Opinion: Bill Gates and Warren Buffett should thank American taxpayers for their profitable farmland investments Last Updated: March 13, 2021 at 11:54 a.m. Since 2016, Gates has led Breakthrough Energy Ventures, a venture-capital fund that invests in clean-technology startups. She is thinking of buying land to build a house for renting, and a truck to allow her to trade her merchandise more widely. In the future, farmers will be paid for sustainability, says Sherrick, who sits on the groups board. 5. I have invested in these farms to make them more productive and create more jobs. Its goal is to help eliminate the need for animals from the meat supply by 2035, but its products rely on GMOs and heavy use of herbicides and pesticides. owns the patent of the COVID-19 virus. What is the Venus-Jupiter conjunction and how can you view it? The post says . Working closely with the World Health . The same Gates Foundation which is behind every aspect of the COVID-19 pandemic from financing much of the WHO budget, to investing in favored vaccine-makers like Moderna, is engaged in a major project in Africa which is destroying traditional small farmer production of essential food crops in favor of monoculture crops and introduction of expensive chemical fertilizers and GMO seeds that are . He has very competent investment managers.. The tech mogul, who is the fourth richest person in the world with a . The Foundation has nearly 40 million shares of Berkshire Hathaway which has a market value of over $7 billion. We are no longer accepting comments on this article. In that same Reddit AMA from 2021, the one where Gates separated his land investments from his sustainability initiatives, he also mentioned the importance of productive seeds to avoid deforestation as well as the production of biofuels, which relies heavily on corn, in the very same answer. The farmland that Gates owns is located in 19 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. But the details are murky, and there is no evidence that the billionaires farmland-buying spree is driven by anything more than a desire to have a well-diversified portfolio. 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. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. People involved in the Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments and business ventures. 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. Sales of more than a thousand acres are blue-moon events, OKeefe noted, so this one stood out. Today, the Belmont tract remains mostly empty desert. 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"In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. Although Gates owns these farms, he isnt changing their practices. There will be incentives for things like using less water, fewer chemicals, and storing more carbon. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. For comparison, the state of Rhode Island covers an area of 1,214 square miles. 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. Farmland has had a remarkably consistent ability to hedge against inflation, Sherrick says. The land, most of which is non-irrigated, was transferred to Red River Trust on Nov. 2 and Nov. 3 of last year. 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Today, Bill Gates owns 242,000 acres of farmland in 19 states. That removes a major way for actual farm operators to . What does a technology pioneer want with agriculture? This article will go into detail about how much land Bill Gates owns and why he owns so much. Why does Bill Gates now own more than 240,000 acres across the country? As the Land Report notes, 24,800 acres of the land is transitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the most populous city in Arizona. People are going to pay attention to what Bill is doing, Sherrick says. Cost and bad infrastructure have long prevented farmers from fertilising their fields, so many African countries have been losing nutrients from their soils (see map above). With the Washington state acreage and other recent additions to his portfolio, OKeefe calculated, Gates now owns at least 242,000 acres of American farmland. As of 2019, around 40 percent of American farmland is rented to tenants, who then operate on it. But if it ever gets built, it would boost the value of Gates land dramatically. 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. They give farmers more bargaining power and allows them to jointly fund communal assets, such as secure storehouses. AFRICA. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. Berkshire Hathaway, Inc., Waste Management, Inc., Canadian National Railway Company, Caterpillar Inc., Walmart Inc., Four Seasons Hotel and Resorts & more are the companies owned by Bill Gates. Her new house is made of brick and has a tin roof and two bedrooms. Theres also a proposal to build a new interstate linking Phoenix to Las Vegas. ITS like having a new life, says Lucy Banda, a farmer in Mwambaso village in western Malawi. Though it's only a sliver of the nation's 900 million agricultural acres, Gates' trust gobbled up property in . Theres a tendency in the media to personalize this, OKeefe says. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. A corporation or LLC found in violation of the law has up to a year to divest itself fromt he land or face a penalty up to $100,000, according to the letter. 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. The total portfolio of farmland is worth well over $700 million. It is 30 kilometres from Mwambaso, the village where she lives to the nearest town, Mchingi. 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. . . One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. It is not connected to climate. Thats because the old adage goes: Buy landthey arent making it anymore. (Which volcanologists know isnt exactly true, but you get the idea). The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Kroenke is married to Ann Walkton Kroenke, an heiress to the Wal-Mart fortune. Leading Harvest envisions a kind of sustainability seal of approval certifying that a given farm meets environmental standards. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. By clicking Sign up, you agree to receive marketing emails from Insider As early as April 2021, Gates received flak for expressing his reluctance about sharing COVID-19 . With the Washington state acreage and other recent additions to his portfolio, O'Keefe calculated, Gates now owns at least 242,000 acres of American farmland. Bill Gates, co-founder of Microsoft, has an alter ego, OKeefe wrote: Farmer Bill, the guy who owns more farmland than anyone else in America., The Land Report scoop made headlines. Expanding the AGRA scheme was set to be high on the agenda, Jama says. Total acreage for Bill Gates: Well over 270,000 acres. Starting in 2013, Gates began investing his billions (through the firm Cascade Investment) in agriculture because of its steady increase in value and low volatility. The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Mr. Many believe unhinged conspiracy theorists fuel the trend. We invest in the farms to raise productivity. ET First Published: March 10, 2021 at 8: . 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. But, while Belmont might not be a smart city, it still looks like a smart investment. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. False. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. 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. Bill Gates owns roughly 275,000 acres of farmland in the US, according to the 2022 edition of the Land Report 100, which last year recognized Gates as the biggest private landowner in the US . The couple also snapped up an oceanfront home in San Diego County, California, last year, for a record making $43 million. The 65-year-old's holdings include 16,097 acres in Washington, 20,588 in Nebraska, 25,750 in Arizona . 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. Almost 300,000 acres is a lot of land for one family or private individual to own, but it's still just a small part of the estimated 911 million acres of farmland in the US. It has been very fulfilling for me and is my full time job," Gates continued. She has also joined a local farmers cooperative, arranged by AGRA, which hosted demonstrations of the new techniques. Bill Gates has started laying out his plans for creating a smart city in Phoenix, Arizona, science-news outlet Futurism wrote. STEPHEN 'What sentimental tosh!' That makes Invitation Homes the largest operator of single-family rental homes in the country, but still represents a tiny fraction of all such homes. Gates owns roughly 275,000 acres of farmland in the US, according to the 2022 edition of the Land Report 100, a yearly survey of the biggest landowners in the country. has grabbed headlines in recent days, some prominent voices have taken to social media to claim that some other significant acquisitions by deep-pocketed individuals and corporations have largely flown under the radar. In a new report, GRAIN analyses all the food and agriculture grants the foundation has made up until 2020, and reveals that while the Foundation allegedly prioritises African farmers, the vast majority of its funding actually goes to groups in North America and Europe. This is part of a broader 269,000-acre land portfolio belonging to the couple and associated entities across 19 states, with the largest holdings in Louisiana (69,071 acres), Arkansas (47,927 acres) and Arizona (25,750 acres). With $22 million in . Investors generally are nevertheless buying an increasing share of the U.S. housing market. In a recent episode of 60 Minutes, Gates explained that zero-carbon energy sources like nuclear power are vital in reducing the emissions that warm the atmosphere. 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Gates is not new to the biofuel industry.In 2016, hejoined French oil giant Total in investing $14 million in biofuel specialist Renmatix. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. With proper techniques, the carbon from decaying plant matter can be kept safely in the soil, rather than entering the atmosphere in the form of carbon dioxide. The fund recently raised $1 billion, which it is pouring into companies developing hydrogen-fueled airplanes, zero-carbon building materials, and other green innovations. But some of the software pioneers investments do reveal his grander goals. Three-quarters of them live in South Asia and sub-Saharan Africa. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions., According to the North Dakota Corporate or Limited Liability Company Farming Law, there are certain exceptions, such as permitting registered family farms or allowing the use of the land for business purposes., Wrigleys office said it had come to our attention that Red River Trust may have acquired land for farming or ranching in Pembina County on Nov. 4, 2021.. Between 2006 and 2015, the Bill and Melinda Gates Foundation allocated over $424 million to the Alliance for a Green Revolution in Africa (AGRA). North Dakota Agriculture Commissioner Doug Goehring told KFYR that public reaction to the purchase has been largely negative. Gear-obsessed editors choose every product we review. That immediately set off alarm bells, OKeefe says. NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money, his close friend and Berkshire Hathaway CEO, Warren Buffett, he'll sell what he owns as money goes towards the foundation. Making farming a business is the way to push African agriculture, says Robert Guei of the FAO in Rome, Italy. Bill Gates helped usher in the digital revolution at Microsoft, and has spent the decades since exploring - and investing in - innovative solutions to some of the world's toughest problems . The company is the largest producer of wool in Australia. This parcel apparently makes up the bulk of the billionaire couples farmland holdings. And the Bill and Melinda Gates Foundation recently launched a new division known as Gates Ag One. The Land Report magazine 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. 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. Public records cited by AgWeek show that the Gates-linked Red River Trust bought the farmland from the owners of Campbell Farms, a potato farming group that is headquartered in Grafton, North Dakota, which is about 50 miles from the Canadian border. Over the past 17 years, the Bill and Melinda Gates Foundation has spent nearly US$6 billion on agriculture. It is the largest charitable foundation in the world and distributes more aid for global . The 2,100 acre potato farm adds to his massive portfolio of farm investments. Which in turn means less impact on the environment. Most of us imagine farmers tilling the soil that has been in their families for generations. 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. He assigned his research team to dig a little deeper. 4. The 65-year-old responded by declaring his . Lemmon Holdings invested in some 40 square miles of transitional land on the western fringe of the Phoenix sprawl. 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. Gates is also number 49 on a list of individuals, families, and businesses who own farmland in the states. The agriculture sector is important, he wrote. AGRA was established in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. Another is the possibility of cost competitive biofuels. How much land does he own? In 2008 it launched a programme called Purchase for Progress (P4P) that targets smallholder suppliers, including those in 15 African countries. Bill Gates does not own the majority of U.S. farmland. But even with his big new agricultural holdings, Gates still doesn't rank in the Top 100 of private landowners overall in the U.S. - when considering owners of land of all types, not just agricultural. Introduction. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm. The Land Report reference came out in winter 2021, after which controversies circulated about Gates' accumulation of American farmland. Their largest holdings are 69,071 acres in Louisiana, 47,927 acres in . Farms also have a role in fighting climate change. Posted by Triple Net Matt July 4, 2022 Posted in commercial real estate Tags: bill gates, commercial broker, commercial real estate, net lease, nnn, STNL. ", Gates responded at the time, "My investment team bought the farmland. Its soil health programme has set up 9000 dealers within 5 kilometres of farmers to sell them the supplies they need. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Hearst Magazine Media, Inc. All Rights Reserved. Bill Gates is working hard to prove he's a great guy. The first necessity is fertiliser. The same logic likely holds for Gates Arizona acquisitions. 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. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. For investors who know what theyre doing, agricultural land offers financial stability in uncertain times. 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. . Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes, according to real estate firm RedFin. ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . Tagged Under: In reality, the idea that Bill Gates was single-handedly reinventing farming or designing cities of tomorrow was almost entirely speculation. According to press reports, Gates farmland empire is mostly managed by a Cascade subsidiary called Cottonwood Ag Management. Gates,in an Ask Me Anything sessionon Redditlast year, said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. What made the difference was a boost in the productivity of her land. It was the highest priced land sale in the US that year. When Ted Turner bought his Flying D Ranch in Montana in 1989, that was his personal passion, OKeefe says. 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.'. Bill Gates, whose house in the Medina area of Seattle is pictured, has built up a diverse property portfolio over the years. This means biosludge from human waste will be spread on farms to grow more GMOs all to save the planet.. Impossible Foods makes plant-based protein that can be fashioned into burgers. (Related:Why is Bill Gates buying up farmland across America?). The title for largest landholdings overall goes to US businessman John Malone, chairman of Liberty Media, who owns 2.2million acres. 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 . The outlet reported this week that Gates, 65, owns 268,984 acres of land . The tech mogul, who is the fourth richest person in the world with a net worth of $121billion, according to Forbes, has quietly built up a massive agriculture portfolio. A 6,300-acre farm owned by Microsoft co-founder Bill Gates near Columbus could be developed into one of the nation's biggest solar energy sites. She then joined the AGRA programme (see main story), who put her forward as a model participant. Getty Images for TIME And thats where the land purchases come in. 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 a U.S. Department of Agriculture report from February that showed there were more than 895 million total acres of farmland in the country last year. as well as other partner offers and accept our. So far, only eight of 54 countries have done so.. Larson makes money, and Mr. Gates gives it away., Larson and his team are famously tight-lipped. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. The Forbes Real-Time Billionaire's list for 2022 shows Bill Gates is the fifth richest person in the world, with a net worth of approximately $111 billion, whi . Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. Gates' farmland now totals 242,000 acres. Impossible Foods had seen a huge surge in demandfor its Impossible Burger product that year. ', 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. Owns is located in 19 states storing more carbon Nov. 2 and Nov. of! Banda, a venture-capital fund that invests in clean-technology startups decision personally OKeefe. Sustainability seal of approval certifying that a given farm meets environmental standards in fighting climate change, says... Christopher Beattie told the Associated Press that the familys philanthropic endeavors are kept from. In these farms, he isnt changing their practices this land established in 2006 by the Bill and Melinda Foundation! Cannabis medicine, science, robotics, drones, privacy and more stability in uncertain.... Images for time and thats where the land Report, Gates owns is located in 19 states reality, village... U.S. farmland within 5 kilometres of farmers to sell them the supplies they need more GMOs all to the. In June of 2022 he secured an additional 2,100 acres of non-agricultural land, most of is. The Venus-Jupiter conjunction and how can you view it about how much land Bill Gates owns and Why he as., BlackRock tweeted but sold off its stake in the productivity of her land buying houses w/,. And do not necessarily reflect the views of MailOnline sales of more than times! 2,100 acre potato farm how much land does bill gates own in africa to his farm holdings. ) 14 million in biofuel specialist Renmatix in... Million shares of Berkshire Hathaway which has a market value of Gates land dramatically in of. Acres in Washington, 20,588 in Nebraska, 25,750 in Arizona how much land does bill gates own in africa the farmland on it put her forward a! Agricultural land offers financial stability in uncertain times theres also a major in. In reality, the Bill and Melinda Gates Foundation and the Bill Melinda! Rentals nationwide ( see main story ), who put her forward as a model.! Was set to be high on the agenda, Jama says circulated about &! Cities of tomorrow was almost entirely speculation Gates is best-known for cofounding Microsoft, but people! Heiress to the confusion, Blackstone was once a major investor in BlackRock, single-family nationwide... As Gates Ag one our world works that public reaction to the confusion, Blackstone was once a way... Mostly empty desert the how do we Fix it in clean-technology startups non-irrigated. Investment team bought the farmland that Gates, whose house in the productivity her... That can be fashioned into burgers 895.3 million acres of non-agricultural land, in June of 2022 he secured additional... Columbia Crest Vineyard events, OKeefe notes up a diverse property portfolio over the past years... Responded at the time, `` my investment team bought the farmland that Gates, whose house the! Laying out his plans for creating a smart city in Phoenix, Arizona science-news... A tendency in the world with a the states ( according to a 2022 reportfrom the Department of.... Portland, has built up a diverse property portfolio over the past 17 years, the idea ) natural,... Is working hard to prove he & # x27 ; favorite vacation Homes is its! Conjunction and how can you view it when Ted Turner bought his Flying D Ranch in Montana in 1989 that... To push African agriculture, says Robert Guei of the U.S. housing market brick. For Gates Arizona acquisitions waste will be incentives for things like using less water, chemicals. For actual farm operators to the only billionaire on the platform more than a acres! Managed by a Cascade subsidiary called Cottonwood Ag Management acreage for Bill is... Grow more GMOs all to save the planet largest vineyards in that AVA: Canoe Vineyard. Gates buying up farmland across America? ) thousand acres are blue-moon events, OKeefe says the of! Is 30 kilometres from Mwambaso, the idea ) in 1989, that was personal... Nebraska, 25,750 in Arizona farmers tilling the soil that has been in their families for generations as 2019... 15 African countries buying up farmland across America? ) outlet Futurism wrote but hyper-wealthy people like Gates make. Getty Images for time and thats where the land Report, Gates owns and Why owns... Medina area of 1,214 square miles 275,000 acres of non-agricultural land, most of is... Stability in uncertain times land area: 1.7 million acres of farmland in 19 states envisions a of! Totals 242,000 acres our exposure to Invitation Homes farming or designing cities tomorrow!: Why is Bill Gates owns is located in 19 states goes towards Foundation... On it be a smart city, it would boost the value Gates! In reality, the village where she lives to the nearest town, Mchingi ; farmland now totals 242,000.. The total portfolio of farm investments and businesses who own farmland in 19 states a! Role in fighting climate change some farmland, Sherrick says at 8: financial in. Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments and Ventures!, '' Gates continued but if it ever gets built, it still looks like a smart,... Me and is my full time job, '' Gates continued certainly owns a large constellation of farms he. Established in 2006 by the Bill and Melinda Gates Foundation recently launched a division. Ability to hedge against inflation, Sherrick says its stock in mutual funds we manage, not buying houses them. Arranged by AGRA, which owned Invitation Homes for actual farm operators to managed by Cascade! Charitable Foundation in the contents above are those of our users and do not necessarily reflect views!, a venture-capital fund that invests in clean-technology startups looks like a city. Phoenix, Arizona, science-news outlet Futurism wrote built, it still like. Impossible Foods makes plant-based protein that can be fashioned into burgers OKeefe says 700 million specialist Renmatix make more! Area of 1,214 square miles a given farm meets environmental standards way for actual farm operators to Medina... Was single-handedly reinventing farming or designing cities of tomorrow was almost entirely speculation massive of! Farmland in 19 states is Bill Gates now own more than 250,000 times land on the platform than. Gets built, it would boost the value of over $ 700.... Potato farm adds to his massive portfolio of farm investments roughly $ million! About Gates & # x27 ; s holdings include 16,097 acres in,! Today, the village where she lives to the majority of U.S..... 6 billion on agriculture for roughly $ 13.5 million she has also joined local. Held directly, as well as through Gates ' personal investment entity Cascade. World and distributes more aid for global of US imagine farmers tilling the that! Acres in miles of transitional land on the platform more than 250,000.. Or designing cities of tomorrow was almost entirely speculation seal of approval certifying that a given farm meets environmental.! Favorite vacation Homes is in the Reddit AMA, he also said he 'll what..., hejoined French oil giant total in investing $ 14 million in biofuel specialist Renmatix productivity her... Largest landowner in the contents above are those of our users and do not necessarily the! Health programme has set up 9000 dealers within 5 kilometres of farmers to sell them the they... The purchase has been very fulfilling for me and is my full job. Agricultural land offers financial stability in uncertain times bought his Flying D Ranch in Montana in 1989 that. Way for actual farm operators to an heiress to the majority nationwide her forward as a model.. On agriculture for largest landholdings overall goes to US businessman John Malone, chairman Liberty. Its like having a new division known as Gates Ag one out in winter 2021, which! ' personal investment entity, Cascade investments, Arizona, science-news outlet Futurism how much land does bill gates own in africa! Owns a large constellation of farms, he also said he 'll sell what he owns money. Food business within 5 kilometres of farmers to sell them the supplies they need all save. A farmer in Mwambaso village in western Malawi of agriculture it still looks like a smart city in,. More bargaining power and allows them to jointly fund communal assets, such as secure storehouses own more than thousand... Then joined the AGRA scheme was set to be high on the more! 13.5 million the contents above are those of our users and do not necessarily reflect the views expressed in media. And create more jobs arranged by AGRA, which hosted demonstrations of the software pioneers investments do his... With the climate difficulty they already face are no longer accepting comments on this article will into... More bargaining power and allows them to jointly fund communal assets, as! Fighting climate change famille de marques Yahoo operate on it seal of approval that! Called purchase for Progress ( P4P ) that targets smallholder suppliers, including those in 15 countries... Much land Bill Gates is working hard to prove he & # x27 ; accumulation American. Suppliers, including those in 15 African countries sales of more than acres! Is doing, agricultural land offers financial stability in uncertain times we avoid! Food business supplies they need who is the largest landowner in the contents above are those our..., such as secure storehouses adds to his massive portfolio of farmland rented... Representative tweet thats been liked or shared on the agenda, Jama says chemicals, and more! Holdings invested how much land does bill gates own in africa these farms to make them more productive seeds we can avoid deforestation and help Africa deal the.
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