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. Im hoping to lay a concrete floor soon, she says. It was previously owned by Agriculture Company of America, a real estate investment trust acquired by CPPIB in 2013. 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. The agriculture sector is important, he wrote. Gates' purchase averaged $12,000 per acre. Were connecting [smallholders] to the entire business chain, says Jama. 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. Of course, Bill Gates is one of the world's richest billionaires.Wealth-X, a global high net worth intelligence and data company, estimates his net worth to be at least $134.1 billion. 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. Follow Technocrats.newsfor more news and information related to Bill Gates and other big tech personalities. By the end of this century there will be 4 billion more people on Earth - and 3 billion of these extra souls . The commitment is a ten-fold increase from the foundation's . 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. 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 public records, the billionaires portfolio includes shares in Warren Buffetts Berkshire Hathaway conglomerate, a Coca-Cola bottling company, and the tractor manufacturer Deere & Co., among other non-flashy investments. It has become a marquee brand in one of the hottest sectors of the food business. And thats where the land purchases come in. Many believe unhinged conspiracy theorists fuel the trend. How fitting! Bill Gates' Mega House - $154 Million. So far, only eight of 54 countries have done so.. Who knows. Making farming a business is the way to push African agriculture, says Robert Guei of the FAO in Rome, Italy. Theres also a proposal to build a new interstate linking Phoenix to Las Vegas. Now, its latest report says the scheme is achieving its aims. John Malone is the largest private landowner in the United States. Cascade employees almost never speak to the press. 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. While the Gates' own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. The title for largest landholdings overall goes to US businessman John Malone, chairman of Liberty Media, who owns 2.2million acres. The landowners can include investors like Gates. 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. 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. His magazine, The Land Report, tracks major land transactions and produces an annual list of the 100 biggest US landowners. The 13,573-square-foot home has six bedrooms, 11 bedrooms and more luxury features than you can count. Deploying high-yield . 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. the latest American Housing Survey by the Census Bureau. It has been very fulfilling for me and is my full time job," Gates continued. Bill and Melinda bought this massive mansion in the Coachella Valley for $12.5 million in 1999. While private companies and corporations are increasing . The new green economy will mean new opportunities for land owners, OKeefe believes. Forty percent of all children in sub-Saharan Africa are stunted. 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. 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 billionaire tech mogul and philanthropist has quietly amassed nearly 270,000 acres of farmland across the country, but thats still a relatively small slice of the nations nearly 900 million total farm acres. The couple also snapped up an oceanfront home in San Diego County, California, last year, for a record making $43 million. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. APS ASSESSMENT: False. It isless than .1% of all US farmland because the ownership is so diverse. An entity with ties to billionaire Bill Gates bought 2,100 acres of potato farmland in northern North Dakota prompting the states top prosecutor to intervene after complaints from local residents. The groups founding members are expected to spearhead the rollout of the new standards on their own lands. 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. The property is currently worth $130.8 million. The other major problem AGRA is aiming to solve is lack of infrastructure. Africas farmers have a lot of problems, but one of the biggest is poor soil. by Harvard Universitys Joint Center for Housing Studies. It is 30 kilometres from Mwambaso, the village where she lives to the nearest town, Mchingi. AGRA has provided advice and expertise for 155 such groups in Ghana alone. Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. Couple find note in chimney that reveals their 290,000 house was 100 times cheaper 50 years ago. That works out to about $11,790 per acre . More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . Farming is all of a sudden part of the solution and not just part of the problem, Sherrick adds. She has also joined a local farmers cooperative, arranged by AGRA, which hosted demonstrations of the new techniques. (Related:Why is Bill Gates buying up farmland across America?). Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". But, Gates may not be the largest private-farmland owner for much longer. Public records cited by AgWeek show that the Gates-linked Red River Trust bought the farmland from the owners of Campbell Farms, a potato farming group that is headquartered in Grafton, North Dakota, which is about 50 miles from the Canadian border. Left to die alone like an animal: Parents who left 23-stone disabled daughter to die in her own filth are Holiday home owners in Scotland face new SNP tax hike under plans from front-runner to be new First Scotland should just self-identify as an independent country, one SNP member proposed. AGRA farms are key suppliers, says Gudmunds. Dr. Alan Busacca, professor emeritus at Washington State University, told Land Report at the time that the fertile land in the area was used for growing 'apples, cherries, carrots, dryland and irrigated wheat, and row and field crops'. 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. 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 . According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 . Larson makes money, and Mr. Gates gives it away., Larson and his team are famously tight-lipped. 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 . 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. Larson sees to it that Gates wealth is sensibly, even conservatively, invested. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. .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. 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. And yet, he can't seem to wrestle free of the internet's villainous conspiracies against him. What does a technology pioneer want with agriculture? Meanwhile, American agriculture today is being transformed as farmers employ new technologies and Big Data to help them manage their crops. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. The . The farmland that Gates owns is located in 19 states. 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,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. 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. Almost 300,000 acres is a lot of land for one family or private individual to own, but it's still just a small part of the estimated 911 million acres of farmland in the US. Watch on. But if it ever gets built, it would boost the value of Gates land dramatically. 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In January, the Bill & Melinda Gates Foundation announced that it would create a nonprofit entity called Gates Ag One that will speed up efforts to provide smallholder farmers in developing countries with access to the affordable tools and innovations they need to sustainably improve crop productivity and adapt to the effects of climate change.. 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. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. 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 . Kroenke is married to Ann Walkton Kroenke, an heiress to the Wal-Mart fortune. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. There are more than 85 million single-family homes in the country, and only around 15 million of those are rentals, according to the latest American Housing Survey by the Census Bureau. *According to figures compiled by The Land Report in 2019. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm primarily invests in retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. AFRICA. Banda attributes her success to the fertiliser and nitrogen-fixing bacteria she has been applying, which have put extra pep into her crops and enriched the soil. Farmers groups, agriculture ministers, scientists and financiers met this week at the African Green Revolution Forum in Addis Ababa, Ethiopia. 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. 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. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Social media users are falsely claiming that Gates owns the majority of U.S. 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. Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America's farmland. His portfolio is diversified, in other words. 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. So AGRA is putting farmers in touch with everyone from financiers who offer microcredit to agents who buy produce for sale elsewhere. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. Bill Gates helped usher in the digital revolution at Microsoft, and has spent the decades since exploring - and investing in - innovative solutions to some of the world's toughest problems . Banda has also been able to buy an ox cart and pay school fees for one of her children. Were predicting a decline of 20 to 40 per cent in rainfall across West Africa, says David Sarfo Ameyaw of AGRA. What made the difference was a boost in the productivity of her land. 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 Forbes Real-Time Billionaire's list for 2022 shows Bill Gates is the fifth richest person in the world, with a net worth of approximately $111 billion, whi . The Foundation has nearly 40 million shares of Berkshire Hathaway which has a market value of over $7 billion. The project isnt yet funded. 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 June 2008, Gates stepped away from the day-to-day management of Microsoft and concentrated on charity. Gear-obsessed editors choose every product we review. 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. Produce for sale elsewhere develop an energy infrastructure that doesnt emit greenhouse and. 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Magazine about land ownership, Gates owns a large constellation of farms, its nowhere close the. ; favorite vacation Homes is in the United Statesas in, about 270,000 acres largest private-farmland owner for longer! Luxury features than you can count is my full time job, '' Gates continued value! Big tech personalities from Mwambaso, the land Report in 2019 cofounding Microsoft, but he also... Management of Microsoft and concentrated on charity 2021 article from the foundation & x27!

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