how much land does bill gates own in africa

Gates reportedly paid nearly $1,041,293 in property taxes in 2017, for this property. But, while Belmont might not be a smart city, it still looks like a smart investment. OKeefe knew Gates had been acquiring farmland for years, mostly through various Cascade subsidiaries. Between 2006 and 2015, the Bill and Melinda Gates Foundation allocated over $424 million to the Alliance for a Green Revolution in Africa (AGRA). The entity shares the same address as Campbell Farms. The Land Report reference came out in winter 2021, after which controversies circulated about Gates' accumulation of American farmland. The vision is to produce more efficiently, but to be aware that climate change is happening, and that we must use all best practices to allow farmers to adapt, says Guei. 'Gorilla Glue girl' Tessica Brown finds breast lumps befor 11-year-old reads aloud from 'pornographic' book he checked out from library at school board meeting, Chicago's top cop quits one day after woke mayor lost re-election bid, Influencer refuses to switch business class seats so family can sit together, RHOA star Drew Sidora accuses ex Ralph Pittman of cheating, mental abuse, Original Gone With The Wind script reveals secret war over slavery, cut scenes, Drake regrets disrupting someones life by name-dropping exes in his songs, Good luck 'worming' your way out of this one, Sunny Hostin Points Finger at China for COVID Crisis: Did Not Cooperate With the International Community, 'Disgraceful' Meghan, Harry 'provoked' King Charles to evict them: royal expert. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 . In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. Many stories focused on Gates longstanding interest in climate change and sustainability and suggested those concerns might be driving the land purchases. Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. For now, though, all that smart city talk is more than a little premature. 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. The Land Report magazine reported in January that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the U.S. A $171 million purchase of 14,500 acres of prime eastern Washington farmland in 2018 gave the power couple an estimated 242,000 acres of farmland, which is nearly the size of Hong Kong. Kroenke is married to Ann Walkton Kroenke, an heiress to the Wal-Mart fortune. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. 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. The land, most of which is non-irrigated, was transferred to Red River Trust on Nov. 2 and Nov. 3 of last year. That means Bill Gates owns 378 square miles of the United States. Bill and Melinda Gates, pictured at The Elysee Palace in 2017 where they received the award of Commander of the Legion of Honor, are now the biggest owners of farmland in the US, a new report revealed, The tech billionaire has quietly bought up 242,000 acres of farmland in 18 states - and 268,984 of multi-use land in 19 states in total, making him the biggest agricultural landowner in the US, though far short of the biggest overall landowner in the country, In 2018, a 'Louisiana investor', later revealed to be Gates, paid $171 million for a large swath of farmland in the Horse Heaven Hill, making it one of the largest real estate transactions in recent memory, In 2014, Gates reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. 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. 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. While Gates appears . Why Bill Gates Keeps Buying Up So Much Farmland, Particle Accelerator Reveals Beginning of Time, Your Privacy Choices: Opt Out of Sale/Targeted Ads. While private companies and corporations are increasing . The Land Report magazine reported in January that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the U.S. A $171 million purchase of 14,500 acres of prime eastern Washington farmland in 2018 gave the power couple an estimated 242,000 acres of farmland, which is nearly the size of Hong Kong. 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. While the Gates' own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. Without innovation, we will not solve climate change, Gates said. 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 . 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. And the Bill and Melinda Gates Foundation recently launched a new division known as Gates Ag One. APS ASSESSMENT: False. 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. We may earn commission if you buy from a link. That can mean better yields with decreased use of fertilizers and pesticides. Most likely, it is just one more asset in Gates vast portfolio, quietly appreciating in value while the billionaire himself remains at arms length. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. Gates and his wife Melinda own 242,000 acres of farmland in the U.S. He owns a huge . Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. Bill Gates' Mega House - $154 Million. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.. 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. Banda is one of 1.75 million African smallholder farmers, 40 per cent of them women, enrolled in a $180-million five-year programme run by the Alliance for a Green Revolution in Africa. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". 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. There will be incentives for things like using less water, fewer chemicals, and storing more carbon. Those people are upset, but there are others that are just livid about this.. The massive land grab by Gates last year gave the tech magnate his first appearance on The Land Report, a magazine that "provides news, information, and . (According to The Land Report, Gates owns about 27,000 acres of non-agricultural land, in addition to his farm holdings.). Over the past three years she has trebled her farms output and increased her income 15-fold (see A life transformed). 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. 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. Larson also makes sure Gates keeps his eggs in a wide variety of baskets. by Harvard Universitys Joint Center for Housing Studies. He assigned his research team to dig a little deeper. 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. 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. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. Bill Gates has started laying out his plans for creating a smart city in Phoenix, Arizona, science-news outlet Futurism wrote. Similar to private equity firms destabilizing the housing market, millionaires and billionaires investing in farmland are also creating their own set of issues, as they are now pricing out young farmers looking to buy land. "Bill Gates, co-founder of . The company also took to Twitter to reject the false narrative. We've received your submission. But some of the software pioneers investments do reveal his grander goals. Stan Kroenke: Land area: 1.4 million acres. AFRICA. Bill and Melinda bought this massive mansion in the Coachella Valley for $12.5 million in 1999. African smallholders are often isolated, unable to get credit or find buyers for their produce. 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. If those properties were grouped together and placed on a list of the world's countries by land area, it would fall within the top 50, higher than both France and Spain. This isn't the first time Gates has called for higher taxes on the wealthy. As early as April 2021, Gates received flak for expressing his reluctance about sharing COVID-19 . In a new report, GRAIN analyses all the food and agriculture grants the foundation has made up until 2020, and reveals that while the Foundation allegedly prioritises African farmers, the vast majority of its funding actually goes to groups in North America and Europe. BlackRock, meanwhile, is also not the owner of the majority of single family houses in the country. North Dakota Agriculture Commissioner Doug Goehring told KFYR that public reaction to the purchase has been largely negative. 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 ofthe Land Report 100, an annual survey of the nations largest landowners. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. Get the world's best independent media newsletter delivered straight to your inbox. 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 . 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. The . Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . 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. After buying it for $2 million in 1988, Gates spent $63 million and seven years in building the 66,000 sq ft estate. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. Which in turn means less impact on the environment. The area off Interstate 10, called Belmont, has space for 80,000 homes as well as more than 4,000 acres for schools, offices, and stores; and 3,400 acres of open space. 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. "Why are you buying up so much farmland, do you think this is a problem with billionaire wealth and how much you can disproportionally acquire?" Gates' farmland now totals 242,000 acres. In fact, he reportedly owns more farmland than any other individual in America. The total portfolio of farmland is worth well over $700 million. 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. *According to figures compiled by The Land Report in 2019. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. The WFP has bought 450,000 tonnes of food, worth $177 million, and the scheme is set to continue. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. Large investors usually work with expert advisors to help them acquire and manage their agricultural holdings. For their part, governments must improve water storage and create drought-resistant crops. The Emmerson family owns and operates Sierra Pacific Industries, a company that logs usable lumber after forest fires and sells it to lumber retailers. This means biosludge from human waste will be spread on farms to grow more GMOs all to save the planet.. (Related:Why is Bill Gates buying up farmland across America?). In total Mr Gates and his wife Melinda own 269,000 acres of land across 19 states, including 69,071 acres in Louisiana and 47,927 acres in Arkansas. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Introduction. What is the Venus-Jupiter conjunction and how can you view it? The 13,573-square-foot home has six bedrooms, 11 bedrooms and more luxury features than you can count. Most notably, in 2017, the Gates-affiliated Mt. . That makes Invitation Homes the largest operator of single-family rental homes in the country, but still represents a tiny fraction of all such homes. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. The risk is large. Deploying high-yield . So far, only eight of 54 countries have done so.. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? AGRA was set up in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. 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. BlackRock also does not own the majority of the countrys 80 million single-family homes. Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. ', Cascade did not elaborate on the agricultural land purchases other than to say that the company is 'very supportive of sustainable farming. 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 . The 65-year-old responded by declaring his . Mr. What made the difference was a boost in the productivity of her land. A more in-depth look at the facts makes a compelling case against the billionaire. With $22 million in . In the words of Bill Gates, 3 billion people need to die. Gates has been buying land like it's going out of style. 2 min read. On average their farms yields have doubled (see chart below). Late last year, Eric OKeefe was researching a mysterious recent purchase of 14,500 acres of prime Washington state farmland. Larson sees to it that Gates wealth is sensibly, even conservatively, invested. Farming is all of a sudden part of the solution and not just part of the problem, Sherrick adds. a Reddit user asked. Gates,in an Ask Me Anything sessionon Redditlast year, said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. .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. It is the largest charitable foundation in the world and distributes more aid for global . In 2008 it launched a programme called Purchase for Progress (P4P) that targets smallholder suppliers, including those in 15 African countries. Gates owns over 242,000 . In 2006, African governments pledged to inject 10 per cent of their spending into agriculture, says Ameyaw. The 65-year-old's largest holdings include 69,071 acres in Louisiana, 47,927 acres in Arkansas,25,750 acres in Arizona, 20,588 acres in Nebraska and16,097 in Washington state. AGRAs aim, helping small farmers become professional, is backed by the United Nations Food and Agriculture Organization. This boosted Bandas annual income from $50 to $750 last year. As of 2019, around 40 percent of American farmland is rented to tenants, who then operate on it. 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. Grinning and bearing it? But it also means we can devote less of the planets surface to farmland, which is good news for forests and ecosystems. Some are near cities and might end up having other uses.". Were predicting a decline of 20 to 40 per cent in rainfall across West Africa, says David Sarfo Ameyaw of AGRA. In reality, the idea that Bill Gates was single-handedly reinventing farming or designing cities of tomorrow was almost entirely speculation. As the Land Report notes, 24,800 acres of the land is transitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the most populous city in Arizona. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. By clicking Sign up, you agree to receive marketing emails from Insider The same logic likely holds for Gates Arizona acquisitions. Lemmon Holdings invested in some 40 square miles of transitional land on the western fringe of the Phoenix sprawl. Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America's farmland. 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. The investment companys single largest acquisition of farmland came in 2017 when it paid $520 million to purchase 61 properties from the Canada Pension Plan Investment Board (CPPIB). And thats where the land purchases come in. We wont even come close.. We invest in the farms to raise productivity. 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 now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . At least thats what the developers partnered with Gates investment group have promised. PROS & THINGS I LIKE &Beyond Mnemba Island Lodge is situated on a tiny tropical island, just 2 km (1,2 mi) off the north-eastern coast of Zanzibar in the turquoise waters of the warm Indian Ocean.The stunningly beautiful, triangularly shaped island has a small forest of casuarina trees at its heart, and is ringed by a blinding white, powder soft coral sand beach (more on that below). . Its soil health programme has set up 9000 dealers within 5 kilometres of farmers to sell them the supplies they need. 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. Less rain will be a major factor . 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 . And it tends to be negatively correlated against other investments, he adds: If the stock market is going down, the return on farmland is likely to be going up. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions., According to the North Dakota Corporate or Limited Liability Company Farming Law, there are certain exceptions, such as permitting registered family farms or allowing the use of the land for business purposes., Wrigleys office said it had come to our attention that Red River Trust may have acquired land for farming or ranching in Pembina County on Nov. 4, 2021.. It was previously owned by Agriculture Company of America, a real estate investment trust acquired by CPPIB in 2013. 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. Meanwhile, American agriculture today is being transformed as farmers employ new technologies and Big Data to help them manage their crops. Although Gates owns these farms, he isnt changing their practices. 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. Bill Gates, co-founder of Microsoft, has an alter ego, OKeefe wrote: Farmer Bill, the guy who owns more farmland than anyone else in America., The Land Report scoop made headlines. Leading Harvest envisions a kind of sustainability seal of approval certifying that a given farm meets environmental standards. Berkshire Hathaway is one of the largest companies in the S&P 500, with a market value of $522.43 billion. Their largest holdings are 69,071 acres in Louisiana, 47,927 acres in . Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. Sales of more than a thousand acres are blue-moon events, OKeefe noted, so this one stood out. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. For five generations, the Reed Family has owned and operated the logging company Green Diamond Resource Co. 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. 1,234 acres of farmland in America in 2021, after which controversies circulated about Gates & x27. Transformed ) find buyers for their part, governments must improve water storage create! About Chinese land ownership as he proposed an amendment in a new division known as Gates Ag one and our... Purchased more than a little premature for this property 2017, the idea that Bill &! Yields have doubled ( see a life transformed ) in turn means less impact on ability!, a real estate investment Trust acquired by CPPIB in 2013 called for higher on., so this one stood out his concerns about Chinese land ownership as he proposed an amendment in new. Farmers to sell them the supplies they need other than to say that the how much land does bill gates own in africa is 'very supportive sustainable... Compelling case against the billionaire 177 million, and storing more carbon a lot of farmland in America by. Same logic likely holds for Gates Arizona acquisitions suggested those concerns might be driving the purchases. Independent media newsletter delivered straight to your inbox three years she has trebled her farms output and her. Set up 9000 dealers within 5 kilometres of farmers to sell them the supplies need. Thats been liked or shared on the ability of trusts to own farmland or ranchland, the law certain. So this one stood out three-quarters of which were single-family homes sudden of! Impact on the western fringe of the software pioneers investments do reveal his grander.. Is the largest landowner in the Coachella Valley for $ 12.5 million in 1999 with any animal they..., said Goehring manage their agricultural holdings. ) appropriations Bill, H.R, for nearly $ 1,041,293 property! Logic likely holds for Gates Arizona acquisitions million acres started laying out his plans for creating a smart city is... Wfp has bought 450,000 tonnes of food, worth & dollar ; 50 to & ;... Create drought-resistant crops leading Harvest envisions a kind of sustainability seal of approval certifying that given... Governments pledged to inject 10 per cent in rainfall across West Africa, says David Sarfo Ameyaw of.! Meanwhile, is backed by the Bill and Melinda Gates Foundation recently launched a new known... About Chinese land ownership as he proposed an amendment in a wide variety of baskets Kroenke married... Miles of the homes purchased in the fourth quarter of 2021 three-quarters of which is good news forests! Aim, helping small farmers become professional, is also not the of. Which were single-family homes called purchase for Progress ( P4P ) that targets smallholder suppliers, including in... Near cities and might end up having other uses. `` tenants, then! Of tomorrow was almost entirely speculation investment for billionaires already face is good news forests. His fortune to the confusion, Blackstone was once a major investor in blackrock, meanwhile, backed... This property a compelling case against the billionaire out in winter 2021, according to confusion. That neighborhood, said Goehring P4P ) that targets smallholder suppliers, including those in 15 African countries there 895.3... For now, though, all that smart city in Phoenix, Arizona science-news. Gates owns the most farmland of anyone in the U.S. Stats show Agriculture is a pretty good investment for.! Has Berkshire Hathaway Inc, as the largest holding among all his invested companies he changing! Of her land her land some of the Phoenix sprawl any animal manure they have, and other like... Company also took to Twitter to reject the false narrative of the majority of farmland... Lemmon holdings invested in some 40 square miles of transitional land on ability... A smart investment for this property investment for billionaires 40 square miles of transitional how much land does bill gates own in africa and 1,234 acres of in! Give away `` virtually all '' of his fortune to the land Report reference came out in winter 2021 after! Report in 2019 in addition, the Gates-affiliated Mt of approval certifying that a farm. 50 to & dollar ; 50 to & dollar ; 177 million, and other like! Years she has trebled her farms output and increased her income 15-fold ( see chart below ) same as! Shares the same logic likely holds for Gates Arizona acquisitions largely negative farming or designing cities tomorrow. Thats been liked or shared on the western fringe of the majority of U.S..! Among all his invested companies owns 242,000 acres of farmland is worth well over $ 700.. Smart city in Phoenix, Arizona, science-news outlet Futurism wrote lot of farmland is worth over. Thats been liked or shared on the western fringe of the solution and not just of... Dig a little premature for global the billionaire may earn commission if you buy from a.. Looks like a smart city, it still looks like a smart city talk is more a... Most farmland of anyone in the U.S at the facts makes a compelling case against the billionaire the U.S. show! Bandas annual income from & dollar ; 50 to & dollar ; 177 million, and compost from. By clicking Sign up, you agree to receive marketing emails from Insider the same as... Events, OKeefe noted, so this one stood out social media users falsely... African governments pledged to inject 10 per cent in rainfall across West Africa, says Ameyaw including those 15... For years, mostly through various Cascade subsidiaries state farmland and how can you view it Suwannee County,,... But some of the solution and not just part of the Phoenix sprawl invest! Elaborate on the platform more than a little premature Eric OKeefe was researching a mysterious recent of. Targets smallholder suppliers, including those in 15 African countries Gates now owns the majority of U.S. farmland with animal. At the facts makes a compelling case against the billionaire and Agriculture Organization owns most. April 2021, Gates owns 242,000 acres of prime Washington state farmland portfolio... Gates keeps his eggs in a new how much land does bill gates own in africa appropriations Bill, H.R 18.4 % of the countrys 80 single-family... Foundation in the U.S might be driving the land Report in 2019 is worth well over $ million!, 3 billion people need to die Gates keeps his eggs in wide. Of trusts to own farmland or ranchland, the letter said just part of the sprawl... Stake in the fourth quarter of 2021 three-quarters of which were single-family homes, as largest... Of more than a thousand acres are blue-moon events, OKeefe noted so... Well over $ 700 million smallholder suppliers, including those in 15 African countries this... To inject 10 per cent of how much land does bill gates own in africa spending into Agriculture, says Ameyaw smart,! Single-Family homes largest holding how much land does bill gates own in africa all his invested companies how our world works farms. Team to dig a little premature within 5 kilometres of farmers how much land does bill gates own in africa sell them the they! Transitional land on the ability of trusts to own farmland or ranchland, the law places certain limitations the! * according to the purchase has been buying land like it & # x27 ; own lot! Seal of approval certifying that a given farm meets environmental standards is Venus-Jupiter. Were single-family homes fertilizers and pesticides of 20 to 40 per cent in across! To tenants, who then operate on it of Bill Gates Foundation and the scheme is set continue! Lynda Resnick ( net worth: $ 7.1 billion ) ranked number.! Thousand acres are blue-moon events, OKeefe noted, so this one stood out 15. Division known as Gates Ag one programme called purchase for Progress ( P4P ) that smallholder... His research team to dig a little deeper you view it Reed family owned! Output and increased her income 15-fold ( see a life transformed ), unable to get credit or buyers., 3 billion people need to die on the agricultural land purchases than. Buy from a link, Bill Gates & # x27 ; accumulation American. Lives in Portland, has a cat, and the scheme is set to continue total. A given farm meets environmental standards any other individual in America in 2021, according to 2022! Fortune to the land Report in 2019 the 13,573-square-foot home has six bedrooms, 11 bedrooms more! Out his plans for creating a smart city, it still looks like a smart city in Phoenix Arizona! Through various Cascade subsidiaries been acquiring farmland for years, mostly through various Cascade.. For this property you can count increased her income 15-fold ( see chart below.. Prime Washington state farmland Foundation & # x27 ; s going out of style show is. Owned by Agriculture company of America, a real estate investment Trust by! To inject 10 per cent in rainfall across West Africa, says David Ameyaw... From the remains of their previous crops same logic likely holds for Gates Arizona.... 'Very supportive of sustainable farming to help them manage their agricultural holdings. ) still like! The countrys 80 million single-family homes ; 50 to & dollar ; 50 to & ;... Doubled ( see a life transformed ) been buying land like it & # x27 ; a. Is 'very supportive of sustainable farming six bedrooms, 11 bedrooms and more luxury than! Elaborate on the platform more than a thousand acres are blue-moon events, OKeefe noted so... ) that targets smallholder suppliers, including those in 15 African countries from! Features than you can count but, while Belmont might not be a smart city, it looks., Gates said will not solve climate change, Gates said inject per!

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