where is bill gates' farmland in michigan

It has also funded myriad research facilities and humanitarian operations, focusing on overcoming diseases, climate change, agricultural research, and health and nutrition in underdeveloped areas. Gates has been asked about his farmland purchases before. Where farmland differs from other alt assets is that because its such a crucial human resource (food = humans), in less-than-desirable economic situations, farmland tends to appreciate even further in value, as opposed to losing value (I.E., during a dreaded stock market crash). While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. The tide began to shift in the early 2000s, when institutional investors began to give farmland a closer look. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for. Essentially, by year 2030, the estimated results of what carbon emissions (and their effect on the environment) will look like in 2050 will be decided in full. Heres why.," Jan. 10, 2023. . Amazing, if truebut its extremely not. 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. At the turn of this century, Chinese owners owned about 192,000 acres of farmland in the U.S., according to the USDA. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Bill Gates owns almost as much U.S. agricultural land as China at 248,000 acres, . What Asset Class Is Farmland Considered To Be? What Land Does Bill Gates Own In Michigan? - PartyShopMaine According to a 2022 report from the U.S. Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the U.S. Gates owns roughly 242,000 acres, about 0.03% of the total. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states. Try the tool that will help you invest smarter, faster, and better. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. In 2020, there were 166 such funds globally, nearly a 9x increase from only 19 in 2005. The biggest chunks of Gates' holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlet's research found. With over 242,000 acres of farmland, Bill Gates is America's biggest farmland owner, and his ownership may be connected to climate change and plant-based meat substitutes. Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. Investors from the Netherlands own 33% of that land with Canadians owning 25%. Pates wrote that while "nobody involved in the deal seems eager to talk about it," public records connected Gates and the buyer, Red River Trust. But these companies do not own a majority of U.S. single-family homes. Satellites are on balloons and not in space.. In a Reddit Ask Me Anything (AMA) last week, Gates once again fielded a question pertaining to his AG holdings and stated that he actually only owns 1/4000 of all U.S. farmland, or about 270,000 acres spread across 18 different states. Then, on Tuesday, the North Dakota attorney general's office sent a letter to the Red River Trust notifying a trustee, Peter Headley, of a Depression-era rule barring companies, LLCs, and trusts from farming and ranching activities in the state. Bill Gates-Linked Trust Probed For Buying Up Farmland In North Dakota Farmland REITs have a high degree of correlation with the overall stock market, and returns tend to be lower than less liquid farmland investments. The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . Agfundernews.com, a website about agricultural investments, reported in 2021 that Gates' investments were part of a broader trend that started after the financial crisis of 2008, as investors looked for reliable returns. His idea, like many others, was to diversify his investments across different asset classes. "Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions," the letter said. An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Distance from Michigan to Detroit The shortest route between Michigan and Detroit is, Michigan law is absolutely clear that an adult over the age of 21 shall not sell or furnish alcohol to a minor. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . 420,000 acresBill and Melinda Gates prior to their divorce accumulated roughly 270,000 acres of farmland in less than a decade. AcreTrader is one of the most well-established farmland crowdfunding platforms out there. Bill Gates owns a lot of farmland. | Iowa Hawkeyes fan forums - Go Iowa The agriculture sector is important," Gates wrote. Bill Gates is about to change the way America farms Amazon founder Jeff Bezos . It reported that as of 2022, Gates owned about 248,000 acres of farmland. to not use their land, is working towards their real agenda. Suggests that since mostly Democrats vote early then that represents made-up ballots or dead people voting.. 1995 - 2023 by Snopes Media Group Inc. Why Bill Gates Is Investing Big Time In Farmland Across Washington And Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. Why Is Bill Gates Buying Farmland? You'll be Surprised He has also been aproponent of chicken farming. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? They ripen in late July and early. All rights reserved. He recently tried to explain why, and it was a little hard to follow. Heres why. Some of the biggest critics of Gates have deemed his philanthropy as a budding technocracy a tyranny of experts that both centralizes power into a private corporations interests. Some are near cities and might end up having other uses.". Bill Gates-Tied $13M Farmland Purchase Angers North Dakotans Gates also owned up to the various failures in their initiatives, and admitted that they try their best to leverage the expertise and wisdom from the community leaders present in the areas they aid. While Gates does not own the majority of U.S. farmland, he is the largest private farmland owner, according to The Land Report. Here are a few likely reasons why Bill Gates is scooping up farmland: Whatever you may think about the man himself, he has consistently made investing choices that brought him unusual and incredible returns, and this has brought him great wealth when others made the wrong fiscal moves, and lost much. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Are you ready for alternative proteins made from a volcanic microbe?," March 24, 2020, NPR, "Why Bill Gates Is Investing In Chicken-Less Eggs," June 13, 2013, CNN, "Memphis Meats raised $161 million to grow meat from cells," Jan. 22, 2020, Insider, "Bill Gates and Richard Branson backed a food startup which grows meat in labs," Aug. 23, 2017, CNBC, "How Beyond Meat became a $550 million brand, winning over meat-eaters with a vegan burger that bleeds'," Jan. 21, 2019, Quartz, "Bill Gates headlines an all-star list of investors pumping $75 million into meatless burgers," Aug. 2, 2017, CNBC, "How Impossible Burgers simple vision won hundreds of millions in funding and backing from Bill Gates," March 7, 2019, The Washington Post, "Egg prices havent come down with inflation. The transitional land he owns in Arizona is reportedly being built into a suburb. 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. District of Columbia Other noteworthy farmland investors include Ted Turner and Thomas Peterffy. 28. The. However, the Gates Foundation has been largely transparent at every level of their operations from their objectives, means, successes, and failures. Bill Gates was right when he sold his own Microsoft stock to diversify through Cascade in 1994. 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. If youve been on the fence about getting into farmland, maybe now is the time to reconsider. Bill Gates' North Dakota Land Purchase Sparks Questions Online - Newsweek About 350,000 acres of the U.S. government land in Hawaii were kept for military installations and national parks. Michigan Muslim Group Warns State That LGBTQ Bill Might Be Unconstitutional CAIR has objected to the Michigan Senate's passage of an expanded version of a state human-rights law protecting LGBTQ . Zu den grten Gates-Unternehmen zhlen etwa Betriebe mit 27.952 Hektar in Louisiana, 19.395 Hektar in Arkansas, 10.420 Hektar in Arizona, 8.331 Hektar in Nebraska und 6.514 Hektar im Bundesstaat. 1800 I Street NW According to a 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the United States. See MCL 436.1701., Michigan taxpayers are allowed to take a number of exemptions, depending on the number of people in the taxpayers household, their ages, and other factors, If the defendant is held for more than 24 hours without being brought before the court under subsection (2), the officer in charge of the, An ORV or off-road vehicle is a motor-driven, recreational vehicle capable of driving on a range of terrains not limited to roadways and, Michigan leads the nation in tart cherry production. How Long Can You Be Held Without Bond In Michigan? Please let us know if you're having issues with commenting. Since 2020, Gates has held the title of the nations largest private farmland owner, per The Land Report. Bill Gates How old do you have to be to strip? By divesting his personal wealth from his own thriving tech company, and diversifying into myriads of other non-tech based businesses, Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became. How can this inform our personal investment decisions? Eggs have become expensive and scarce in some parts of the country. In 1994, Bill Gates opened up his family office, Cascade Investment LLC, with trusted wealth manager Michael Larson. Drinking or using tap water treated with chlorine is dangerous because chlorine is a poison., Obama imposed stricter rules on trains carrying toxins. Bill Gates is the biggest private owner of farmland in the United 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. (AP). In Washington, the duo owns more than 14,000 acres of farmland that includes potato . Their low fees and competitive returns set them apart from many of the other platforms out there. Lower-than-usual egg inventories near the end of the year, when demand is up from holiday baking, resulted in several successive weeks of record-high egg prices, the department said. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. 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 added.