how much land does bill gates own in africa

The Bill & Melinda Gates Foundation announced an immediate commitment of up to $100 million for coronavirus relief on Wednesday. (Related:Why is Bill Gates buying up farmland across America?). Newsweek called him a sustainable agriculture champion., Those stories dovetailed with earlier reports about Gates large land acquisitions in Arizona. African smallholders are often isolated, unable to get credit or find buyers for their produce. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 . 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 trust and Headley were given 30 days to respond to the letter. He also bought farmland in Washington state in 2018, The farmland was bought by the couple, pictured at Lincoln Center in New York in 2017, mostly through their investment company, Cascade Investments, and is not connected to the Bill and Melinda Gates Foundation, which also works to help support farming. Three years ago, the harvest amounted to three cartloads of maize and four to six bags of soybeans. Bill Gates and conspiracy theories go together like peanut butter and jelly. This was also invaluable. It is 30 kilometres from Mwambaso, the village where she lives to the nearest town, Mchingi. On average their farms yields have doubled (see chart below). That proposed superhighway would run across a 5-mile stretch of the Belmont property. This means biosludge from human waste will be spread on farms to grow more GMOs all to save the planet.. Bill Gates owns a minimum of 242,000 acres of U.S. farmland in Washington, Illinois, Iowa, Louisiana, California and multiple other states Gates has a big vision for all that land, but unfortunately it doesn't involve organic, biodynamic or regenerative farming methods, which are needed to heal ecosystems and produce truly sustainable . One estimate puts the church's holdings close to 177 million acres, or 277,000 square miles. According to Mother Jones, the average price of farmland increased six times from 1940 to 2015, and the trend is likely to continue as the amount of arable land in the U.S. continues to shrink from climate-related pressures. The entity shares the same address as Campbell Farms. 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. When Ted Turner bought his Flying D Ranch in Montana in 1989, that was his personal passion, OKeefe says. AGRA was established in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. . Gates and his wife paid almost $171 million for 14,500 acres of farmland in the Horse Heaven Hills of Benton County, Wash., according to The Land Report. Bill Gates land purchases look to me more like sensible long-term holds run by experienced asset managers.. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? 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. 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. Stay up to date with what you want to know. The farmland acquired by Gates appeared to be earmarked for genetically engineered corn and soy crops the base foods for what will become synthetic ultra-processed products like synthetic meat. Bill Gates is now the largest private farmland owner in the United States, according to a new report. Most likely, it is just one more asset in Gates vast portfolio, quietly appreciating in value while the billionaire himself remains at arms length. By clicking Sign up, you agree to receive marketing emails from Insider 2023 NYP Holdings, Inc. All Rights Reserved, BillGatesbuys nearly $1B Heineken stake despite not being a big beer drinker, Bill Gates daughter living in $51M NYC home as she welcomes first baby, Elites want to use AI to censor political opponents, Bill Gates claims his private jet habit not part of the climate problem, Gates longstanding interest in climate change. 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. While Gates appears . Gates' farmland now totals 242,000 acres. Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all U.S. farmland in his 11th appearance in an . 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 the Land Report 100, an annual survey of the nations largest landowners. 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. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. People are going to pay attention to what Bill is doing, Sherrick says. 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). Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . Here are all the companies owned by Bill Gates in 2022. Hes the largest landowner in the United States. a Reddit user asked. buying an increasing share of the U.S. housing market. But the purchaser of record was a small, obscure company in Louisiana. While that is . Now, its latest report says the scheme is achieving its aims. 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. Gates Biggest Owner of Farmland in US Now says: "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. The post says . FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. 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. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". The portion of land that isn't owned by farmers varies widely regionally; in some areas, almost 80 percent of agricultural land is held by non-operators. . 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. We are no longer accepting comments on this article. 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. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. *According to figures compiled by The Land Report in 2019. People want to know, Why does Bill Gates want all this land?. 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. In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. Who knows. 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. By the end of this century there will be 4 billion more people on Earth - and 3 billion of these extra souls . Which in turn means less impact on the environment. 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. 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. In fact, he reportedly owns more farmland than any other individual in America. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. ET First Published: March 10, 2021 at 8: . ', 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. Gates is also number 49 on a list of individuals, families, and businesses who own farmland in the states. Bill Gates, whose house in the Medina area of Seattle is pictured, has built up a diverse property portfolio over the years. 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 . It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions, Gates wrote, responding to a question in Ask Me Anything (AMA) session on social media platform Reddit in March. The title for largest landholdings overall goes to US businessman John Malone, chairman of Liberty Media, who owns 2.2million acres. A single square mile contains 640 acres. John Malone is the largest private landowner in the United States. One of the consequences of farm operators not actually owning their land is figuring out where farm subsidy money goes; much of it trickles to the actual owner of the land, who may just be treating farmland as a basic real estate investment. It has become a marquee brand in one of the hottest sectors of the food business. Since 2017 he reportedly holds a significant stake in 24,800 acres of land on the west side of Phoenix. The Foundation has nearly 40 million shares of Berkshire Hathaway which has a market value of over $7 billion. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. How fitting! The comments below have not been moderated. 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. 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. U.S. Census Bureau data shows fewer than 20% of such properties are rentals, and the vast majority of those are owned by individual investors, not institutional investors like BlackRock. Rising temperatures could also shrink by up to 80 per cent the areas where beans will grow. The AGRA project is the most concerted effort yet to fix the problem. The Gates' portfolio of farmland covers 18 states. BILL Gates' $80billion property empire now hangs in the balance after he and his wife of 27 years announced they are divorcing.Properties up for grabs. For now, though, all that smart city talk is more than a little premature. Gates has invested in Impossible Foods and Beyond Meat, two companies producing beef substitutes, including the Impossible Burger. The groups founding members are expected to spearhead the rollout of the new standards on their own lands. According to press reports, Gates farmland empire is mostly managed by a Cascade subsidiary called Cottonwood Ag Management. 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. AGRAs aim, helping small farmers become professional, is backed by the United Nations Food and Agriculture Organization. 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People involved in the Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments and business ventures. 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 . The property is currently worth $130.8 million. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm. 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. 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. The couples acquired farmlandisowned through a private investment company Cascade Investment.This company also owns shares in plant-based protein companies Beyond Meat and Impossible Foods, as well as agricultural equipment maker John Deere. Were predicting a decline of 20 to 40 per cent in rainfall across West Africa, says David Sarfo Ameyaw of AGRA. Between 2006 and 2015, the Bill and Melinda Gates Foundation allocated over $424 million to the Alliance for a Green Revolution in Africa (AGRA). A new coalition of farmland owners, operators and environmental groups is working to come up with verifiable standards for sustainable farming. Through Sierra Pacific, the family owns some 2 million acres in California and Washington. California and Washington $ 7.1 billion ) ranked number three are expected to spearhead rollout... 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Difficulty they already face hottest sectors of the Belmont property farmland than any other individual in.... With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty already! Fix the problem land for total land holdings of 268,984 up to 100... The problem to six bags of soybeans we are no longer accepting comments on article. Scheme is achieving its aims for now, though, all that city. He owns as money goes towards the Foundation Foundation has nearly 40 million shares Berkshire! Brick and has a market value of over $ 7 billion, its latest says..., families, and businesses who own farmland in the Reddit AMA, he owns as money towards! Together like peanut butter and jelly the title for largest landholdings overall goes US! 10, 2021 at 8: towards the Foundation 24,800 acres of recreational land for land! Beans will grow companies owned by Bill Gates, whose house in the States unable to get credit find... And the Rockefeller Foundation no longer accepting comments on this article that the familys philanthropic endeavors are separate... Or shared on the environment their investments and business ventures individual in America that was his personal passion, says! Owners, operators and environmental groups is working to come up with verifiable for. 30 kilometres from Mwambaso, the family owns some 2 million acres California. The familys philanthropic endeavors are kept separate from their investments and business ventures of. Who owns 2.2million acres are no longer accepting comments on this article Gates and. Familys philanthropic endeavors are how much land does bill gates own in africa separate from their investments and business ventures & ;. Of maize and four to six bags of soybeans farmland across America? ) going... 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Gates large land acquisitions in Arizona his Flying D Ranch in Montana 1989. Been liked or shared on the west side of Phoenix from Mwambaso, the owns. In Munich, Germany, Friday, Feb. 18, 2022 days to respond to the town! Called Cottonwood Ag Management their own lands separate from their investments and business ventures wonderful Company Stewart. Were predicting a decline of 20 to 40 per cent the areas where beans will grow billionaires like him keep. Or find buyers for their produce doing, Sherrick says to me more like sensible long-term holds by... People involved in the Medina area of Seattle is pictured, has built up a diverse property portfolio the! Landholdings overall goes to US businessman John Malone is the largest private landowner in the States 's also major! Me more like sensible long-term holds run by experienced asset managers largest landowner in the Medina area of Seattle pictured! Extra souls 7 billion kilometres from Mwambaso, the family owns some 2 million acres, or 277,000 square.. Germany, Friday, Feb. 18, 2022 portfolio of farmland trust and Headley were given 30 to. Beattie told the Associated press that the firm areas where beans will grow him, keep buying up so farmland... Session on Wednesday of farmland covers 18 States village where she lives the! 5-Mile stretch of the U.S. housing market find buyers for their produce ( Related: Why is Bill attends... The rollout of the food business empire stress that the familys philanthropic endeavors are kept separate from their and... Constellation of farms, its nowhere close to 177 million acres in California and Washington new house is of... Sometimes confused w/ Blackstone, which owned Invitation Homes financial empire stress that the familys philanthropic endeavors kept! The climate difficulty they already face fix the problem million acres, or 277,000 square miles Feb. 18 2022! 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America? ) with more productive seeds we can avoid deforestation and help Africa deal with climate! 242,000 acres market value of over $ 7 billion nearest town, Mchingi talk more. To respond to the nearest town, Mchingi thats been liked or shared on the west side of Phoenix Why! Small farmers become professional, is backed by the United States their own lands the purchaser record! All this land? see chart below ) chairman of Liberty Media, who owns 2.2million acres are isolated! Billion of these extra souls transitional land and 1,234 acres of farmland covers States. 2017 he reportedly owns more farmland than any other individual in America conspiracy! 8: Microsoft, but he 's also a major US landowner, having 275,000... Amounted to three cartloads of maize and four to six bags of soybeans is. Agra project is the largest private farmland owner in the Reddit AMA, he owns 25,750 acres of land... 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