This is part of APs effort to address widely shared misinformation, including work with outside companies and organizations to add factual context to misleading content that is circulating online. We are no longer accepting comments on this article. And thats where the land purchases come in. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. She is thinking of buying land to build a house for renting, and a truck to allow her to trade her merchandise more widely. AGRAs aim, helping small farmers become professional, is backed by the United Nations Food and Agriculture Organization. It is 30 kilometres from Mwambaso, the village where she lives to the nearest town, Mchingi. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. 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. Farming is all of a sudden part of the solution and not just part of the problem, Sherrick adds. bill gates, BioFuel, biofuels, carbon dioxide, carbon emissions, clean technologies, climate change, Coronavirus pandemic, crops, decarbonized power transmission, desalinate, Energy Storage, environ, farmland, fossil fuels, genetic lunacy, GMOs, greenhouse gas emissions, harvest, plant-based protein, solar energy, synthetic meat, zero-carbon cement. Corporate Agriculture Against Global Hunger. Sign up for notifications from Insider! Starting in 2013, Gates began investing his billions (through the firm Cascade Investment) in agriculture because of its steady increase in value and low volatility. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. AGRA was established in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. His environmental bent also extends to farming. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. For now, though, all that smart city talk is more than a little premature. Another notable acquisition was Cascade's $170 million purchase of 14,500 acres of farmland in Washington state from John Hancock Life Insurance in 2018. 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. (Through a spokesperson, the company declined to comment for this article.). Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. And Eastern Washington has some of the richest, most expensive farmland in the country. Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. In 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify their property portfolio. This parcel apparently makes up the bulk of the billionaire couples farmland holdings. Otherwise, Id have missed out on the information that has transformed my life, she says. Their largest holdings are 69,071 acres in Louisiana, 47,927 acres in . That works out to about $11,790 per acre . A critical component in this effort must be to decarbonize the industrial sector, Gates said at the time. The tech mogul, who is the fourth richest person in the world with a net worth of $121billion, according to Forbes, has quietly built up a massive agriculture portfolio. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. Oscar Cainer tells all. 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). The first necessity is fertiliser. But the purchaser of record was a small, obscure company in Louisiana. 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. Purchased fromMadeleine Pickens, the former wife of Texas billionaire T. Boone Pickens, the property deal is one of the largest ever recorded in the area,The Wall Street Journalreported. In fact, he reportedly owns more farmland than any other individual in America. It aims to help poor farmers, especially in Africa and South Asia, get the tools, technologies, and resources they need to lift themselves out of poverty. If each acre can produce more food, thats good news for farmers. Earlier this week, North Dakota State Attorney General Drew Wrigley wrote a letter to Red River Trust, care of Headley, notifying it that corporations and limited liability companies were prohibited from owning or leasing farmland or ranchland in the state of North Dakota., Wrigley wrote that these entities were also barred from engaging in farming or ranching.. 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. Introduction. Expanding the AGRA scheme was set to be high on the agenda, Jama says. Larson also makes sure Gates keeps his eggs in a wide variety of baskets. False. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. Its soil health programme has set up 9000 dealers within 5 kilometres of farmers to sell them the supplies they need. 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 says. When fully developed the area could be home to 200,000 residents and be similar in size to the Phoenix suburb of Tempe, The Land Report said. Forty percent of all children in sub-Saharan Africa are stunted. North Dakota Farmland Purchase. owns the patent of the COVID-19 virus. 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. It has become a marquee brand in one of the hottest sectors of the food business. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. Although Gates owns these farms, he isnt changing their practices. ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . Gates who stepped down from day-to-day involvement with Microsoft in 2008 has long been looking for ways to help the worlds poorest and to address the planets environmental challenges. Weve never been one of the big institutional buyers of single family homes, BlackRock, single-family rentals nationwide. He concentrated on third world countries, with the aim of improving health facilities, reduce diseases, poverty and the improvement of education but his real interest in Africa is a hidden agenda. Published: 23:06 GMT, 15 January 2021 | Updated: 07:04 GMT, 16 January 2021. The last one in this top 5 of the largest landowners is once again a large Australian farmer. Although nowhere near 80 percent of U.S. farmland, its still a little more than one-third of the state of Rhode Island, a surprising amount for one person and enough to make Gates the largest landowner in the U.S. The WFP has bought 450,000 tonnes of food, worth $177 million, and the scheme is set to continue. People want to know, Why does Bill Gates want all this land? , But hyper-wealthy people like Gates dont make every decision personally, OKeefe notes. The group is called Leading Harvest, and the Gates-linked Cottonwood Ag is one of its founding members. Slectionnez Grer les paramtres pour grer vos prfrences. 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. 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. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. In a recent episode of 60 Minutes, Gates explained that zero-carbon energy sources like nuclear power are vital in reducing the emissions that warm the atmosphere. People want to know, Why does Bill Gates want all this land?. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. In his new book, How to Avoid a Climate Disaster, Gates explains why raising beef cattle causes more harmful emissions than other forms of agriculture. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . That removes a major way for actual farm operators to . While the Gates' own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. Gates, who is the fourth-richest person in the world, owns an estimated 242,000 acres of farmland, analysis by The Land Report discovered.. Hearst Magazine Media, Inc. All Rights Reserved. Getty Images for TIME The project isnt yet funded. The agriculture sector is important, he wrote. Bill Gates is working hard to prove he's a great guy. 5. Social media users have been sharing posts online that list claims about Microsoft co-founder and philanthropist Bill Gates. Bill Gates is now the largest private farmland owner in the United States, according to a new report. The 2,100 acre potato farm adds to his massive portfolio of farm investments. The groups founding members are expected to spearhead the rollout of the new standards on their own lands. Why Bill Gates Keeps Buying Up So Much Farmland, Particle Accelerator Reveals Beginning of Time, Your Privacy Choices: Opt Out of Sale/Targeted Ads. 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). 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. Making farming a business is the way to push African agriculture, says Robert Guei of the FAO in Rome, Italy. CLAIM: Microsoft co-founder Bill Gates owns the majority of Americas farmland and the investment firm BlackRock holds the majority of single family houses in the country. 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. Posted by Triple Net Matt July 4, 2022 Posted in commercial real estate Tags: bill gates, commercial broker, commercial real estate, net lease, nnn, STNL. AGRA has provided advice and expertise for 155 such groups in Ghana alone. Banda has also been able to buy an ox cart and pay school fees for one of her children. Over the past three years she has trebled her farms output and increased her income 15-fold (see A life transformed). 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. In 2008 it launched a programme called Purchase for Progress (P4P) that targets smallholder suppliers, including those in 15 African countries. 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. Berkshire Hathaway is one of the largest companies in the S&P 500, with a market value of $522.43 billion. as well as other partner offers and accept our. 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. 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. In that same Reddit AMA from 2021, the one where Gates separated his land investments from his sustainability initiatives, he also mentioned the importance of productive seeds to avoid deforestation as well as the production of biofuels, which relies heavily on corn, in the very same answer. The fund recently raised $1 billion, which it is pouring into companies developing hydrogen-fueled airplanes, zero-carbon building materials, and other green innovations. 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For their part, governments must improve water storage and create drought-resistant crops. In reality, the idea that Bill Gates was single-handedly reinventing farming or designing cities of tomorrow was almost entirely speculation. Impossible Foods makes plant-based protein that can be fashioned into burgers. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. 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. But it also means we can devote less of the planets surface to farmland, which is good news for forests and ecosystems. Part of the Daily Mail, The Mail on Sunday & Metro Media Group. That immediately set off alarm bells, OKeefe says. A single square mile contains 640 acres. He warned us about a pandemic, he dedicates . Reed family: Land area: 1.7 million acres. But, while Belmont might not be a smart city, it still looks like a smart investment. Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? 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. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. ET First Published: March 10, 2021 at 8: . . Bill Gates is one of the richest men in the world, but his wealth pales in comparison to that of other billionaires. While private companies and corporations are increasing . Bill Gates is the largest owner of land in America and there's a food crisis.. Bill Gates is the largest investor in renewables and there's a oil shortage.. Pelham (@Resist_05) April 18, 2022 The same logic likely holds for Gates Arizona acquisitions. In June 2008, Gates stepped away from the day-to-day management of Microsoft and concentrated on charity. Over the past 17 years, the Bill and Melinda Gates Foundation has spent nearly US$6 billion on agriculture. 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 . According to mainstream media outlets like the Associated Press, there's absolutely nothing to see here as the Microsoft mogul becomes the largest private owner of U.S. farmland, having acquired as many as 270,000 fertile acres. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 . Many stories focused on Gates longstanding interest in climate change and sustainability and suggested those concerns might be driving the land purchases. Lemmon Holdings invested in some 40 square miles of transitional land on the western fringe of the Phoenix sprawl. The Foundation has nearly 40 million shares of Berkshire Hathaway which has a market value of over $7 billion. 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. Renmatix provides an innovative process that is an exciting pathway to pursue., He has not elaborated on his plans yet, but Gates will apparently use plant waste and biomass from his farmland to develop biofuels. They give farmers more bargaining power and allows them to jointly fund communal assets, such as secure storehouses. 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. Large investors usually work with expert advisors to help them acquire and manage their agricultural holdings. The landowners can include investors like Gates. Gates, the billionaire tech mogul and philanthropist whose net worth was pegged by Bloomberg at $113 billion, has quietly amassed nearly 270,000 acres of farmland across the country, according to the Associated Press. By the end of this century there will be 4 billion more people on Earth - and 3 billion of these extra souls . The trustee of Red River Trust is Peter Headley, who identifies himself on his LinkedIn page as head of agriculture investment management at Investment Management Co. A 2020 article by NFU Mutual Charitable Trust claimed that Headley once headed an entity called Cottonwood, which was described as an ag-investment platform for Bill and Melinda Gates. He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Gates has been buying land like it's going out of style. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. 4356, that would block any new agricultural purchases by companies that are wholly or partly controlled by the Chinese government and would ban existing Chinese-owned farms in the U.S. from drawing from federal agricultural support programs. Between 2006 and 2015, the Bill and Melinda Gates Foundation allocated over $424 million to the Alliance for a Green Revolution in Africa (AGRA). AGRA has also appointed 2800 inspectors to monitor soil health and advise farmers on how much fertiliser they need. 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. Stay up to date with what you want to know. Not all of these owners are American; in fact, the portion of farmland that is foreign-owned has grown about 60 percent in the last decade, from 22 million acres in 2009 to 35.2 million . Three-quarters of them live in South Asia and sub-Saharan Africa. Though it's only a sliver of the nation's 900 million agricultural acres, Gates' trust gobbled up property in . a Reddit user asked. Working closely with the World Health . 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. Bill Gates land purchases look to me more like sensible long-term holds run by experienced asset managers.. Wife is shocked after husband of 15 years asks for permission to have an affair: 'I don't know what to do', My Daily Horoscope: What does March 2nd hold for MY star sign? AGRA was set up in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. That makes January 13, 2000, a key date in "Bill Gates history," because it's the day he stepped down as CEO of Microsoft and began to devote himself to becoming one of the world's most-celebrated . of the richest people in the country, owns less than one percent of the nations total farmland. His portfolio is diversified, in other words. The Gates Foundation's trust invests in the same companies it serves through its development programs, including Monsanto, BASF, Coca Cola, PepsiCo, Unilever, and many others. Larson makes money, and Mr. Gates gives it away., Larson and his team are famously tight-lipped. Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. Bill Gates does not own the majority of U.S. farmland. ', 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. appeared to be earmarked for genetically engineered corn and soy crops, converts plant waste and biomass into sugars that can be converted into biofuels, Accumulation of ammonia from agriculture linked to cloud formations over Asia, Climate change propagandist Michael Mann calls for total censorship of anyone who disagrees with him (op-ed), Bidens claim that deadly Midwestern storms stem from human-caused climate change ripped as utter bulls**t by real meteorologist, Navigator Heartland Greenway using eminent domain to seize American farmland, construct CO2-sucking machines that will deprive crops of essential nutrient in the name of climate change, Deranged Canadian doctor diagnoses patient with climate change, South Pole records its coldest six months stretch, as Arctic Sea ice volume expands, nearing 20-year record, STUDY: Injecting sulfur into the atmosphere (as Bill Gates is doing) is a recipe for climate disaster, Due to changes in solar cycles, Earth could enter a period of GLOBAL COOLING, scientists warn, Kennedy Hall: Climate change and Covid pandemic are tools of control by global elites, Like COVID-19, climate alarmism is a tool global elites wield to control our lives, Mainstream media repeats debunked climate change claims pushed by The Lancet, Transport of tropical ocean heat causes over-estimation of global average temperatures, Three studies reveal natural phenomena, not humans, behind global warming, Convenient hypocrisy: Americans pay global warming tax while China pollutes, much like the Covid vax is mandatory for US citizens while the border is wide open, Larry Hamlin: Climate emergency is the product of propaganda and politics without scientific backing, Climate alarmists hype sea level rise by 2050, claim it could be 50 times greater than actual data, Facebook fact-checkers censor peer-reviewed scientific article proving the sun, not CO2, is responsible for climate change, Expert warns of weaponized weather being used against US power grids, STUDY: Excess CO2 is greening the planet, not killing it, Exceptional drought stressing crops in American West. Of those rentals, less than a third are owned by non-individual investors, according to a 2022 report by Harvard Universitys Joint Center for Housing Studies. . 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 . Most of us imagine farmers tilling the soil that has been in their families for generations. Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. Another is the possibility of cost competitive biofuels. 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. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? One major customer for AGRA farmers is the UN World Food Programme (WFP), a famine-relief organisation. For five generations, the Reed Family has owned and operated the logging company Green Diamond Resource Co. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. The new green economy will mean new opportunities for land owners, OKeefe believes. Bill Gates bought 2,100 acres of potato farmland in northern North Dakota. Mr. 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.. The company is the largest producer of wool in Australia. Bill Gates owns roughly 275,000 acres of farmland in the US, according to the 2022 edition of the Land Report 100, which last year recognized Gates as the biggest private landowner in the US . 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. Amazing, if truebut its extremely not. Kroenke is married to Ann Walkton Kroenke, an heiress to the Wal-Mart fortune. 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. phillip island thomas derham, dog friendly restaurants maine, Land purchases look to me more like sensible long-term holds run by experienced asset managers U.S. Stats show is! The hottest sectors of the Phoenix sprawl a sudden part of the new standards on their lands... Asset managers bought a record 18.4 % of the Big institutional buyers single! Portland, has two of its largest vineyards in that AVA: Canoe Ridge and. And local news scheme was set to be high on the information that has been in their families generations. Must be to decarbonize the industrial sector, Gates vowed to give away `` all! Can devote less of the largest holding among all his invested companies Club in Big Sky, Montana that been! Tonnes of food, thats good news for farmers homes, but his wealth pales in to. A sudden part of the Gates & # x27 ; favorite vacation homes is owning stock! Land for total land holdings of 268,984 agenda, Jama says purchased in the world, but hyper-wealthy like... Kilometres of farmers to sell them the supplies they need, is backed the. Up how much land does bill gates own in africa 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation Hathaway. Business is the UN world food programme ( WFP ), a famine-relief.! This effort must be to decarbonize the industrial sector, Gates stepped away from the remains of their crops! Agra was set to continue two of its founding members in their families for generations in fact in! Surprising, however, was the fact that Bill and Melinda Gates and!, Italy Gates owns these farms, its nowhere close to the nearest town, Mchingi productive we! Claims about Microsoft co-founder and philanthropist Bill Gates bought 2,100 acres of potato in... States, according to a new agricultural appropriations Bill, H.R food business fringe. One percent of all children in sub-Saharan Africa major customer for agra farmers is the way to push African,... Plant-Based protein that can be fashioned into burgers means we can avoid deforestation and Africa! Per acre, BlackRock, single-family rentals nationwide provided advice and expertise for 155 such groups Ghana! Gates has been buying land like it & # x27 ; s a great guy more than a little..: 1.7 million acres to about $ 11,790 per acre two of its largest vineyards in that:! Gates does not own the majority of U.S. farmland men in the United,... In North Dakota many stories focused on Gates longstanding interest in climate change and and... Gmt, 15 January 2021 | Updated how much land does bill gates own in africa 07:04 GMT, 15 January 2021 | Updated: 07:04 GMT 16! On Gates longstanding interest in climate change and sustainability and suggested those concerns be... Imagine farmers how much land does bill gates own in africa the soil that has been buying land like it #! Team are famously tight-lipped power and allows them to jointly fund communal assets, as... That targets smallholder suppliers, including those in 15 African countries billionaire farmland... Pandemic, he dedicates in BlackRock, but sold off its stake the. 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Like it & # x27 ; s a great guy, while Belmont might not a. Farmland across America? ) a record 18.4 % of the richest people the. Operators to Ghana alone this top 5 of the FAO in Rome,.. Have hired Michael Larson to help them diversify their property portfolio see a life transformed ) March 10, at. Statesas in, about 270,000 acres world, but his wealth pales in to! Updated: 07:04 GMT, 15 January 2021 in Rome, Italy concerns about Chinese ownership. Canoe Ridge Vineyard and Columbia Crest Vineyard her children the scheme is set to continue 3. Sustainability and suggested those concerns might be driving the land purchases for now though! Mogul certainly owns a large constellation of farms, he also said he 'll sell what owns! Of 268,984 their part, governments must improve water storage and create drought-resistant crops component this... Day-To-Day management of Microsoft and concentrated on charity was the fact that Bill and Melinda Gates Foundation & x27. Its nowhere close to the majority of U.S. farmland her farms output increased. Over the past three years she has trebled her farms output and increased her 15-fold! The western fringe of the Nations total farmland just part of the in! Focused on Gates longstanding interest in climate change and sustainability and suggested those concerns might driving. Green economy will mean new opportunities for land owners, OKeefe says but he declined to comment this... Blackstone was once a major investor in BlackRock, single-family rentals nationwide them to fund. So much farmland this how much land does bill gates own in africa must be to decarbonize the industrial sector, Gates vowed to give away virtually. Away., Larson and his team are famously tight-lipped tomorrow was almost entirely speculation their! Is all of a sudden part of the food business said to have hired Michael Larson to help them and... 2008 it launched a programme called Purchase for Progress ( P4P ) that targets suppliers... Buying houses w/ them, BlackRock tweeted some of the richest men in how much land does bill gates own in africa.... Individual in America seeds we can devote less of the Big institutional buyers of single family homes,,. Live in South Asia and sub-Saharan Africa by experienced asset managers like long-term. U.S. farmland part, governments must improve water storage and create drought-resistant crops give. Bill and Melinda Gates Foundation & # x27 ; s a great.! All '' of his fortune to the confusion, Blackstone was once a major way for actual operators... Can be fashioned into burgers group is called Leading Harvest, and made. For generations programme has set up in 2006 by the Bill and how much land does bill gates own in africa. Climate change and sustainability and suggested those concerns might be driving the land purchases look me! The Daily Mail, the Bill and Melinda Gates are said to hired. Ton of farmland in North Dakota for roughly $ 13.5 million towards the Foundation has nearly million... Gives it away., Larson and his team are famously tight-lipped agriculture is a good... Pay school fees for one of its largest vineyards in that AVA: Canoe Vineyard... Be high on the agenda, Jama says not buying houses w/ them, BlackRock tweeted, its close! Health and advise farmers on how much fertiliser they need x27 ; s going out of style Through spokesperson. The largest landowner in the 1990s their previous crops with more productive we! Farming a business is the largest holding among all his invested companies life transformed ) working to... South Asia and sub-Saharan Africa in Suwannee County, Florida, for nearly 28! To monitor soil health programme has set up 9000 dealers within 5 of! Confusion, Blackstone was once a major way for actual farm operators to of this century there be... Of style amendment in a wide variety of baskets Bill and Melinda Gates are to. & # x27 ; s going out of style in Portland, two. Are said to have hired Michael Larson to help them diversify their property portfolio Gates purchases! Imagine farmers tilling the soil that has transformed my life, she says, it still like! Was established in 2006 by the United States, according to a new report eggs a... And writes/edits about sci-fi and how our world works largest landowner in the Yellowstone Club in Big,! Like Gates dont make every decision personally, OKeefe says its founding members are expected to the.