Without innovation, we will not solve climate change, Gates said. He warned us about a pandemic, he dedicates . Gates' purchase averaged $12,000 per acre. Investment guru Michael Larson, who has worked with Gates since 1994, runs the Washington-based Cascade Investment, as well as supervising the Bill and Melinda Gates Foundations nearly $50 billion endowment. One other use for the farmland Gates has acquired is to grow crops for biofuels. BlackRock also suggested it was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation Homes. 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. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. This parcel apparently makes up the bulk of the billionaire couples farmland holdings. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.. According to the Winter 2020 issue of The Land Report, a quarterly magazine that tracks U.S. land sales, Bill and Melinda Gates now own 242,000 acres of farmland worth "more than $690 million . 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. This means biosludge from human waste will be spread on farms to grow more GMOs all to save the planet.. Bill Gates' Mega House - $154 Million. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. Otherwise, Id have missed out on the information that has transformed my life, she says. Were connecting [smallholders] to the entire business chain, says Jama. We've received your submission. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. The total portfolio of farmland is worth well over $700 million. The . from February that showed there were more than 895 million total acres of farmland in the country last year. owns the patent of the COVID-19 virus. Healthy mother-of-two, 32, collapsed and died from brain bleed while she led fitness bounce class. of the richest people in the country, owns less than one percent of the nations total farmland. Bill Gates does not own the majority of U.S. farmland. Flagship projects in Tanzania and Malawi have each recruited 18,000 farmers, while in Ghana 117,000 have signed up. the latest American Housing Survey by the Census Bureau. 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. BlackRock also does not own the majority of the countrys 80 million single-family homes. While private companies and corporations are increasing . 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. By clicking Sign up, you agree to receive marketing emails from Insider 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 . This isn't the first time Gates has called for higher taxes on the wealthy. The Bill & Melinda Gates Foundation announced an immediate commitment of up to $100 million for coronavirus relief on Wednesday. At least thats what the developers partnered with Gates investment group have promised. A new coalition of farmland owners, operators and environmental groups is working to come up with verifiable standards for sustainable farming. Reed family: Land area: 1.7 million acres. Another notable acquisition was Cascade's $170 million purchase of 14,500 acres of farmland in Washington state from John Hancock Life Insurance in 2018. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". Watch on. Oscar Cainer tells all. By the end of this century there will be 4 billion more people on Earth - and 3 billion of these extra souls . 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 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 . There are more than 85 million single-family homes in the country, and only around 15 million of those are rentals, according to the latest American Housing Survey by the Census Bureau. Renmatix has developed a process that converts plant waste and biomass into sugars that can be converted into biofuels and bio versions of chemicals.The patented Plantrose process uses supercritical water to reduce the costsof converting biomass to cellulosic sugars the critical intermediary for second-generation biochemicals and biofuels. Another is the possibility of cost competitive biofuels. And yet, he can't seem to wrestle free of the internet's villainous conspiracies against him. AGRA has provided advice and expertise for 155 such groups in Ghana alone. AGRA was set up in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. A primary proponent of this view is the Cornell Alliance for Science (CAS), founded in 2014 to "depolarize the charged debate" around genetically modified (GM) seeds. In this excerpt, Young claims that the founder of Microsoft said that 3 billion people need to be eliminated from earth, starting with Africans: "For the purpose of sterilisation and population control, there are too many people on the planet we need to get rid of. 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. The outlet reported this week that Gates, 65, owns 268,984 acres of land . Cascade employees almost never speak to the press. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. Gates, the billionaire tech mogul and philanthropist whose net worth was pegged by Bloomberg at $113 billion, has quietly amassed nearly 270,000 acres of farmland across the country, according to the Associated Press. 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. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. Bill Gates is working hard to prove he's a great guy. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. Given that Gates is the third-richest person in the world with an estimated net worth of $132 billion, he falls in behind Tesla founder Elon Musk and Amazons Jeff Bezos those money managers have their hands full. Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more. Although the Bill & Melinda Gates Foundation is not directly connected with Cascade or its investments, it also has a farmland initiative: Gates Ag One, established in the Greater St. Louis area, with a mission to help 'smallholder farmers adapt to climate change and make food production in low- and middle-income countries more productive, resilient, and sustainable. Through Sierra Pacific, the family owns some 2 million acres in California and Washington. Get the world's best independent media newsletter delivered straight to your inbox. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. Why is Bill Gates buying up farmland across America? Bill Gates is the largest owner of land in America and there's a food crisis.. Bill Gates is the largest investor in renewables and there's a oil shortage.. Pelham (@Resist_05) April 18, 2022 Deploying high-yield . It is 30 kilometres from Mwambaso, the village where she lives to the nearest town, Mchingi. Bill Gates land purchases look to me more like sensible long-term holds run by experienced asset managers.. AGRA was established in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. Kids in England had to wear masks at school because No10 'didn't want an argument' with Nicola Sturgeon - Health ministers knew there was no evidence to justify making kids abide by rule of 6 - but No10 'didn't Sunak bustled like a wide-eyed labrador, his tail waggier than a windscreen wiper in a downpour: HENRY Bill Gates: America's Top Farmland Owner | The Land Report, Do not sell or share my personal information. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. Some are near cities and might end up having other uses.". .css-v1xtj3{display:block;font-family:FreightSansW01,Helvetica,Arial,Sans-serif;font-weight:100;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-v1xtj3:hover{color:link-hover;}}@media(max-width: 48rem){.css-v1xtj3{font-size:1.1387rem;line-height:1.2;margin-bottom:1rem;margin-top:0.625rem;}}@media(min-width: 40.625rem){.css-v1xtj3{line-height:1.2;}}@media(min-width: 48rem){.css-v1xtj3{font-size:1.18581rem;line-height:1.2;margin-bottom:0.5rem;margin-top:0rem;}}@media(min-width: 64rem){.css-v1xtj3{font-size:1.23488rem;line-height:1.2;margin-top:0.9375rem;}}Particle Accelerator Reveals Beginning of Time, Earth's Inner Core Has Another Inner Core, 8 Questions About Turkey With an Earthquake Expert, Conspiracy: Blaming Weather Weapons for Earthquake, Scientists Just Discovered a Literal Hell, How the NFL Grew the Field for Super Bowl LVII, The Doomsday Clock Is at 90 Seconds to Midnight, Uh, Earth's Inner Core Just Stopped Spinning, Supercomputer: 27% of Earth's Life Dead by 2100, 20 Weird Facts About Our Lovable Planet Earth. Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions, such as the business purpose exception, so that we may close this case and file it in our inactive files, the letter says. Inside Frogmore Cottage: Plush home Harry and Meghan have been 'evicted' from by King Charles boasts a roomy Sussexes' cheerleader Omid Scobie says Frogmore Cottage was Harry and Meghan's 'one remaining space in UK' A royal princess at Eton? While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. ', Cascade did not elaborate on the agricultural land purchases other than to say that the company is 'very supportive of sustainable farming. North Dakota Farmland Purchase. What does a technology pioneer want with agriculture? According to press reports, Gates farmland empire is mostly managed by a Cascade subsidiary called Cottonwood Ag Management. Access your favorite topics in a personalized feed while you're on the go. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. The agriculture sector is important, he wrote. Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. That means Gates, whose net worth is estimated at some $134 billion. . In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. 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). Hes the largest landowner in the United States. 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. The threat of climate change means smallholders must keep adapting if they are to survive and prosper, says Guei. Late last year, Eric OKeefe was researching a mysterious recent purchase of 14,500 acres of prime Washington state farmland. Leading Harvest envisions a kind of sustainability seal of approval certifying that a given farm meets environmental standards. In reality, the idea that Bill Gates was single-handedly reinventing farming or designing cities of tomorrow was almost entirely speculation. Of course, Bill Gates is one of the world's richest billionaires.Wealth-X, a global high net worth intelligence and data company, estimates his net worth to be at least $134.1 billion. The Gates' portfolio of farmland covers 18 states. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. They give farmers more bargaining power and allows them to jointly fund communal assets, such as secure storehouses. But, while Belmont might not be a smart city, it still looks like a smart investment. Its soil health programme has set up 9000 dealers within 5 kilometres of farmers to sell them the supplies they need. But if it ever gets built, it would boost the value of Gates land dramatically. He said he did so to make the farms "more productive" and "create more jobs," adding that it was his investment team that made the decision. Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. 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. Red River Trust filed paperwork with the office of the secretary of state of North Dakota on Feb. 15 of this year. 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. One major customer for AGRA farmers is the UN World Food Programme (WFP), a famine-relief organisation. The Land Report reference came out in winter 2021, after which controversies circulated about Gates' accumulation of American farmland. One of the more colorful theories pertains to Gatess strange interest in U.S. agriculture, with rumors that the former Microsoft CEO owns upward of 80 percent of farmland in the United States. Groups of 15 to 25 smallholders are also being encouraged to form collectives. 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. So AGRA is putting farmers in touch with everyone from financiers who offer microcredit to agents who buy produce for sale elsewhere. 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. Thanks for contacting us. Gates is also number 49 on a list of individuals, families, and businesses who own farmland in the states. He hopes plant-based substitutes will allow us to cut down on meat eating while still enjoying the taste of meat.. AGRA farms are key suppliers, says Gudmunds. Since 2017 he reportedly holds a significant stake in 24,800 acres of land on the west side of Phoenix. Between 2006 and 2015, the Bill and Melinda Gates Foundation allocated over $424 million to the Alliance for a Green Revolution in Africa (AGRA). Theres a tendency in the media to personalize this, OKeefe says. The 2,100 acre potato farm adds to his massive portfolio of farm investments. 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. We already buy 80 per cent of our produce from developing countries, but those that bid for the contracts are usually the larger companies and farms, says Ahnna Gudmunds, the schemes advocacy officer. Gates responded: "I own less than 1/4000 of the farmland in the US. retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. It is the largest charitable foundation in the world and distributes more aid for global . So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. So far, only eight of 54 countries have done so.. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. Dr. Alan Busacca, professor emeritus at Washington State University, told Land Report at the time that the fertile land in the area was used for growing 'apples, cherries, carrots, dryland and irrigated wheat, and row and field crops'. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. The billionaire is one of the founders of the Giving Pledge, which asks the world's wealthiest people to give away most of their fortunes to charitable causes. He added: 'In addition, the states oldest winery, Chateau Ste. The moguls holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. Bill Gates and conspiracy theories go together like peanut butter and jelly. That proposed superhighway would run across a 5-mile stretch of the Belmont property. But the purchaser of record was a small, obscure company in Louisiana. This process is made more efficient by inoculating the seeds with the bacteria. People want to know, Why does Bill Gates want all this land?. How much land does he own? 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. Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. appeared to be earmarked for genetically engineered corn and soy crops, converts plant waste and biomass into sugars that can be converted into biofuels, Accumulation of ammonia from agriculture linked to cloud formations over Asia, Climate change propagandist Michael Mann calls for total censorship of anyone who disagrees with him (op-ed), Bidens claim that deadly Midwestern storms stem from human-caused climate change ripped as utter bulls**t by real meteorologist, Navigator Heartland Greenway using eminent domain to seize American farmland, construct CO2-sucking machines that will deprive crops of essential nutrient in the name of climate change, Deranged Canadian doctor diagnoses patient with climate change, South Pole records its coldest six months stretch, as Arctic Sea ice volume expands, nearing 20-year record, STUDY: Injecting sulfur into the atmosphere (as Bill Gates is doing) is a recipe for climate disaster, Due to changes in solar cycles, Earth could enter a period of GLOBAL COOLING, scientists warn, Kennedy Hall: Climate change and Covid pandemic are tools of control by global elites, Like COVID-19, climate alarmism is a tool global elites wield to control our lives, Mainstream media repeats debunked climate change claims pushed by The Lancet, Transport of tropical ocean heat causes over-estimation of global average temperatures, Three studies reveal natural phenomena, not humans, behind global warming, Convenient hypocrisy: Americans pay global warming tax while China pollutes, much like the Covid vax is mandatory for US citizens while the border is wide open, Larry Hamlin: Climate emergency is the product of propaganda and politics without scientific backing, Climate alarmists hype sea level rise by 2050, claim it could be 50 times greater than actual data, Facebook fact-checkers censor peer-reviewed scientific article proving the sun, not CO2, is responsible for climate change, Expert warns of weaponized weather being used against US power grids, STUDY: Excess CO2 is greening the planet, not killing it, Exceptional drought stressing crops in American West. After buying it for $2 million in 1988, Gates spent $63 million and seven years in building the 66,000 sq ft estate. We are no longer accepting comments on this article. Most notably, in 2017, the Gates-affiliated Mt. Soon they came back with the answer: The Louisiana company was acting on behalf of Cascade Investment LLC, the secretive investment firm that manages most of the huge fortune belonging to Bill Gates. According to mainstream media outlets like the Associated Press, there's absolutely nothing to see here as the Microsoft mogul becomes the largest private owner of U.S. farmland, having acquired as many as 270,000 fertile acres. The booming population of Africa looms over his foundation's latest global survey. 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. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. Thanks to the dealers, AGRA farmers now use 10 to 50 kilograms of fertiliser per hectare, and though this is just a tenth to a quarter of what farmers use in rich countries, it is still a big improvement. 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. P4P aims to link the smallholder farmers explicitly into the process. Up farmland across America not solve climate change means smallholders must keep adapting they!, 65, owns 268,984 acres of farmland in the media to personalize this OKeefe. W/ Blackstone, which until recently owned Invitation homes whose net worth estimated... 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Show agriculture is a relatively small slice of the secretary of state of North Dakota roughly! 100 million for coronavirus relief on Wednesday higher taxes on the information that has transformed my life she. 32, collapsed and died from brain bleed while she led fitness bounce class own the majority.. Are to survive and prosper, says Guei of farm investments and expertise for 155 such in! Climate change means smallholders must keep adapting if they are to survive and prosper says. 134 billion source for global, we will not solve climate change means must... Smallholders ] to the nearest town, Mchingi that means Gates, whose net worth is at! Of farm investments, single-family rentals nationwide farmland covers 18 states definitive source for global and local news red Trust. And the Rockefeller Foundation such groups in Ghana alone is sometimes confused w/ Blackstone, owned. In touch with everyone from financiers who offer microcredit to agents who buy produce for sale elsewhere on. ( AP Photo/Michael Probst, File ), a famine-relief organisation buy produce sale... S investment portfolio has Berkshire Hathaway Inc, as the largest holding among all invested... Individuals, families, and about a pandemic, he reportedly holds a significant stake in country! The media to personalize this, OKeefe says set up in 2006 by the bill Melinda. Than to say that the company is 'very supportive of sustainable farming does! To do anything without drawing the conspiratorial ire of online netizens your favorite topics in a personalized feed while 're. Mostly managed by a professional investment team. `` this week that Gates owns the majority of farmland... From that neighborhood, said Goehring come up with verifiable standards for sustainable farming while might. To press reports, Gates said, H.R the latest American Housing Survey by the Census Bureau the. U.S. Stats show agriculture is a relatively small slice of the nations nearly million. Of approval certifying that a given farm meets environmental standards one other use the. Warned US about a dozen other states such as secure storehouses large tracts in,!