bill gates land ownership map

Posted on March 14, 2023 by

Xanadu 2.0 in Medina, Washington: Estimated $140-170 Million, Source: Steve Ringman / The Seattle Times. That makes Invitation Homes the, largest operator of single-family rental homes in the country, but still represents, BlackRock also suggested it was being confused for the similarly-named i. nvestment management firm Blackstone, which until recently owned Invitation Homes. 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. BlackRock also suggested it was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation Homes. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. This means that there is not much to maintain on it unless you want to add your own buildings or other property. They said farmland has been a popular investment for a long time because of its stability. Weve been trained by experience, land acquisition courses, and hundreds of hours meeting with county assessors and clerks, zoning officials, realtors, and land investors. Raw land is not developed. Bill Gates top private farmland owner in US. Financial titans like Prudential and Hancock have divisions specifically for investors looking to make money on farmland portfolios. The 13,573-square-foot home has six bedrooms, 11 bedrooms and more luxury features than you can count. Nick Estes is a citizen of the Lower Brule Sioux Tribe. The opportunities are virtually endless. He now owns more farmland than my entire Native American nation. A MAP has revealed which billionaire owns the largest amount of land in the US - youll be shocked to know that it isnt Bill Gates. According to O'Keefe, Gates isn't the only one making moves on the farmland market, especially as farm real estate values nationwide increased 7% from 2020 to $3,390 per acre. By BILL Gates' $80billion property empire now hangs in the balance after he and his wife of 27 years announced they are divorcing. Bill and Melinda bought this massive mansion in the Coachella Valley for $12.5 million in 1999. 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. Our inventory spans mostly in the western United States. Bill Gates may no longer be the worlds richest man, but he can claim a new title: Americas farmland king. Bill Gates is the largest private owner of American farmland, which is why so many people are wondering what he will use it for. 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. ', Cascade did not elaborate on the agricultural land purchases other than to say that the company is 'very supportive of sustainable farming.'. Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. The Gates Rancho Santa Fe estate was purchased in 2014 because of its horse stables and proximity to a local race horse track. A survey of the Gateses farmland holdings shows that a broad range of the vegetables that Americans eat can be traced back to his land and that some of this land has also been owned by other billionaires. - Bill and Melinda Gates are taking on the new title of the biggest farmland owners in the United States, with a good chunk of that ownership being in Arkansas. Bill and Melinda bought this massive mansion in the Coachella Valley for $12.5 million in 1999. For five generations, the Reed Family has owned and operated the logging company Green Diamond Resource Co. These states include: Arizona - 25,750 acres; Arkansas - 47,927 acres Farmland offers a strategy that is completely separated from his other wealth and investments. 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 [] In fact, this also means that you may not even have to apply for a loan to start the investment! (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). 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. 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. The billionaire couple, in less than a. A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley near Lancaster, Calif., in 2004. 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. Bill and Melinda Gates, who recently announced theyre getting divorced and are dividing their assets, are deeply invested in American agriculture. Since then, it has been revealed that the two never signed a prenuptial agreement, instead opting for a separation agreement. The process of splitting the couples assets will be a mammoth task. 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. Bill Gates now owns almost 242,000 acres of the continguous USA. 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. In total, Bill and Melinda Gates have acquired land in more than a dozen states. Farmland can be an investment in several ways. Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. 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. Bill Gates is now the largest private landowner in the country. But why do a handful of people own so much land? One of the Gates favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. Gates . 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. 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. The agency further found that over 50 percent of cropland is rented to farmers who dont own their land. 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. The option expires Oct. 31, 2024. 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. That is a big chunk of land. Gates and his wife own 269,000 acres of farmland. 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. Its a hedging strategy, said Daniel Bigelow, a professor of agricultural economics at Montana State University, who previously served as a USDA research economist. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999. The billionaire Microsoft co-founder has become the largest owner of farmland in the United States by quietly buying up massive plots across the county, a new report says. In January 2021, Bill Gates became the largest owner of farmland in the United States. However, his largest land holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres), Nebraska (20,588 acres . The family's 1.7 million acres of land are primarily spread across Washington, Oregon, and California. In 2014, he co-founded The Red Nation, an Indigenous resistance organization. Bill Gates acquired six parcels of land in Pembina County. There are also growing trends revolving around the purchase of low acreage farmland and noncommercial farming. 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. Gates has been buying land like its going out of style. The land that Bill Gates owns is used to grow soybeans, corn, cotton, and rice over 70,000 acres in northern Louisiana. Adjusted for inflation, average farm real estate values have generally risen since 1993, growing from less than $1,500 an acre in the mid-90s to over $3,000 an acre in 2020, according to the USDA. An NBC News analysis also identified Gates as the largest farmland owner in the US. Which is where the Bill Gates' Land Ownership interactive map comes in. Our era is dominated by the ultra-rich, the climate crisis and a burgeoning green capitalism. 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. Mason notes that trying to draw hard lines between ones philanthropic work and ones investments does not work. The gun and the whip may not accompany land acquisitions this time around. Land holds ample opportunities for growth and development, yet you may find that there is more land than there is competition. Farmland can be an investment in several ways. Bill Gates is best known for revolutionizing personal computing, but lately he's gotten back to the land. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. Farmland in those parts is valuable, commanding prices between $10,000 and $15,000 per acre, far beyond the state average of about $2,000. (Google Maps), Image: The building housing the offices of Cascade Investment in Kirkland, Wash., on May 22, 2021. 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. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. Why aren't they giving more? 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. 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. Bill Gates does not own the majority of U.S. farmland. Quarterman guessed that may be because Bill Gates isnt the one doing the farming. In addition, the land is audited to meet sustainability standards including soil health and water management. That kind of hard work isnt what made him rich. of the richest people in the country, owns less than one percent of the nations total farmland. Land holds ample opportunities for growth and development, yet you may find that there is more land than there is competition. Listen to article. They bought and later sold an additional 6,000 acres in Georgia, NBC News found. Gates achievement, according to the report, is that hes largest private owner of farmland in the US. In Nebraska where he owns 20,000 acres, it is used for soybeans. | 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. You can also look at local resources in your area to see where land is being bought or sold. His land ownership spans across 19 states. Marjorie Taylor Greene SHAMES Former . While land is a limited resource, there is still less competition for raw land than there is with residential and commercial real estate. 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. | Photo by Wikimedia Commons . 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. TRENDING: OUCH! The Gates Foundation said in a statement that its agriculture efforts do not extend to farming in the U.S. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. 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. Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . The Microsoft co-founder and his former wife, Melinda, are the top farmland owners in. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. 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. Theres a more cynical calculation. 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. In 2010 the Gates Foundation Trust invested about $23 million in Monsanto, the genetically modified seed and chemical company, though it sold its shares the next year following outcry from environmental groups. 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. This could allow you to sell or lease the individual lots of land on the property. 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 worlds richest 1% emit double the carbon of the poorest 50%, an 2020 Oxfam study found. The tech mogul, who is the. Bill Gates is in the money flow business, and farmland, as well as other land, can generate a lot of money. 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. What Is The Banking Process To Buy Raw Land, Price Of Agricultural Land In The Philippines. But farmer advocates say the Gateses large-scale farm purchases dont make room for smaller farmers to break into the market. The land is owned both directly and indirectly by Cascade Investment, the Seattle-area firm that Gates the worlds third-richest man with a net worth of $132 billion, according to Bloomberg set up to manage his massive fortune, according to The Land Report. 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. Learn more about fact-checking at AP. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. If you said investment, then you are right. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. 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'. It may even be easier to sell smaller lots than it would be to market the entire portion of land that you invest in. Malone owns several ranching and real estate businesses predominantly in Maine, New Mexico, Colorado and Wyoming. 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. Small farmers and Indigenous people are more cautious with the use of land. The farmland was purchased through a constellation of companies that all link back to the couples investment group, Cascade Investments, based in Kirkland, Washington. Ownership of Angelina Plantation Farms, which sits among three wildlife areas in Monterey with a view of Bayou Cocodrie, and other property has been a . After all, few can out-bid Bill Gates. The billionaire Microsoft co-founder has become the largest owner of farmland in the. In 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify their property portfolio. (Stephen Osman / Los Angeles Times via AP file), The buildings of the 100 Circles Farm are at the center of this satellite image. 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. It is possible to make high double digit returns on land that you bought for an affordable price only a few years prior. 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. Much of Turner's land is used as grazing land for over 50,000 head of buffalo . This way, the land will remain productive and healthy, while also becoming a money-driving investment. Its uncertain why Gates has invested in so much farmland or how his tracts are currently being used. According to the Land Report 100 Research Team, that figure is currently more than twice that amount, which means Bill Gates, co-founder of Microsoft, has an alter ego: Farmer Bill, the guy who owns more farmland than anyone else in America. In other words, when the economy is struggling, the value of farmland generally doesnt depreciate. Media billionaire Ted Turner has also invested in 2 million acres of land (much of it rangeland and prairie, rather than cropland) and earned the distinction of being the largest private owner of buffalo herds that roam the 200,000 acres of his private ranch, The Guardian reported. These land holdings are separate from their previous investments in companies that support large-scale farming like Monsanto and the tractor manufacturer John Deere. The Associated Press reports that last week, billionaire Microsoft founder Bill Gates was cleared to purchase 2,100 acres of rural North Dakota farmland. The comments below have not been moderated, By Bill Gates has secured legal approval for his North Dakota farmland purchase But the deal drew scrutiny under a 1932 anti-corporate farm ownership law Now state AG says the deal is legal, because . In Nebraska where he owns 20,000 acres, it is used for soybeans. There are also ways to generate passive income on the land without selling it because you can lease the land or sell the mineral rights, among other methods. Seems like there could be a lot to benefit more of their charities by selling some of this off. Bill Gates has invested in various high-profile commercial properties through his personal investment company, Cascade. Not only that, but it fits in with Gates values as a philanthropist because he can keep the farmland healthy for future generations. 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. Today, Bill Gates owns 242,000 acres of farmland in 19 states. 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.'.

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bill gates land ownership map