Farmer Bill Gates is now the biggest owner of agricultural land in the US - billionaire Gates buys up 242,000 acres across 18 states
- Microsoft founder Bill Gates is now the biggest private owner of farmland in the US, according to The Land Report
- 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 all kinds, including in suburban Phoenix, Arizona, which he aims to turn into a 'smart city'
- Gates is the fourth richest person in the world with net worth of $121billion, according to Forbes
- John Malone, the billionaire businessman and Liberty Media owner, is biggest overall US landowner, with 2.2 million acres of land
- It is unclear why Gates has invested so heavily in farmland, but could be connected to climate change
- Land owned directly and through Gates' investment entity, Cascade Investment
- Cascade Investment's money manager, Michael Larson, is reportedly to be Gates's land portfolio manager
1 comment:
What is Bill's intent on such large ownership of farm land? Remember he is a devoted alarmist of Global Warming and farming is one of the enemies of that cult. So...if that many acres of farmland is retired then who will it affect the food supply in this country? We might ask ourselves if it is really a good idea for cultist such as Bill, Ted, and others to be able to acquire such vast amounts of land here in the USA. There is no limit to the length they will go to cripple our economy in the name of global warming control. But never fear the Biden cartel is here now and anything goes which will enrich Biden and his henchmen. So the next four years are gonna be rough to say nothing of the damage they can do to our country. Before Trump became president the common knowledge was that it would take 50 years to correct the damage Obama did to the country. Trump put some of that to sleep but not all and now Biden Cartel is going to restore what Trump put away.
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