Some experts have pointed to Gatess well-known sustainability and green tech initiatives as a possible reason, but during an earlier Reddit AMA in 2021, Gates said, my investment group chose to do this. But many farmers lease at least some of the land they cultivate. People want to know, Why does Bill Gates want all this land?. Larson makes money, and Mr. Gates gives it away., Larson and his team are famously tight-lipped. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Groups of 15 to 25 smallholders are also being encouraged to form collectives. Lemmon Holdings invested in some 40 square miles of transitional land on the western fringe of the Phoenix sprawl. He owns a huge . The commitment is a ten-fold increase from the foundation's . AGRA has also appointed 2800 inspectors to monitor soil health and advise farmers on how much fertiliser they need. But even with his big new agricultural holdings, Gates still doesn't rank in the Top 100 of private landowners overall in the U.S. - when considering owners of land of all types, not just agricultural. His portfolio is diversified, in other words. Farms also have a role in fighting climate change. Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. The 13,573-square-foot home has six bedrooms, 11 bedrooms and more luxury features than you can count. 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. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. 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 . So AGRA is putting farmers in touch with everyone from financiers who offer microcredit to agents who buy produce for sale elsewhere. Last year, her maize output was eight cartloads, while the soybean harvest soared to 37 bags. Over the past three years she has trebled her farms output and increased her income 15-fold (see A life transformed). The option does not identify how much land . Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? Total acreage for Bill Gates: Well over 270,000 acres. Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. .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. He hopes plant-based substitutes will allow us to cut down on meat eating while still enjoying the taste of meat.. Most likely, it is just one more asset in Gates vast portfolio, quietly appreciating in value while the billionaire himself remains at arms length. What is the Venus-Jupiter conjunction and how can you view it? Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. The agriculture sector is important, he wrote. 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. The arrangement is simple, The Wall Street Journal wrote in a 2014 profile. But the details are murky, and there is no evidence that the billionaires farmland-buying spree is driven by anything more than a desire to have a well-diversified portfolio. 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.. Theres also a proposal to build a new interstate linking Phoenix to Las Vegas. Sign up for notifications from Insider! The last one in this top 5 of the largest landowners is once again a large Australian farmer. 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). 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. 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. 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 groups founding members are expected to spearhead the rollout of the new standards on their own lands. Grinning and bearing it? Investors generally are nevertheless buying an increasing share of the U.S. housing market. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more. 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. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. False. 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. 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 . 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. Gates . The total portfolio of farmland is worth well over $700 million. Couple find note in chimney that reveals their 290,000 house was 100 times cheaper 50 years ago. AGRAs methods are one way to do so. Bill Gates has started laying out his plans for creating a smart city in Phoenix, Arizona, science-news outlet Futurism wrote. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. Deploying high-yield . Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. 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. Microsoft co-founder Bill Gates finally revealed the reasons behind his massive purchase of farmland: seed science and biofuel development. We wont even come close.. I have invested in these farms to make them more productive and create more jobs. 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. The threat of climate change means smallholders must keep adapting if they are to survive and prosper, says Guei. 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. The agriculture sector is important, he wrote. It isless than .1% of all US farmland because the ownership is so diverse. Flagship projects in Tanzania and Malawi have each recruited 18,000 farmers, while in Ghana 117,000 have signed up. Though it's only a sliver of the nation's 900 million agricultural acres, Gates' trust gobbled up property in . 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. The post says . Amazing, if truebut its extremely not. 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. This parcel apparently makes up the bulk of the billionaire couples farmland holdings. This high-tech metropolis could be both a breeding and testing ground for futuristic technologies.. He has very competent investment managers.. The risk is large. Gear-obsessed editors choose every product we review. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. We hope by 2015 to have reached 20 million smallholders, says Bashir Jama of AGRA, who runs the organisations soil health programme. A new report from AGRA says climate change could increase the number of malnourished people in sub-Saharan Africa from 223 million today to 355 million in 2050. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? Banda has also been able to buy an ox cart and pay school fees for one of her children. 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'. 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A new coalition of farmland owners, operators and environmental groups is working to come up with verifiable standards for sustainable farming. It has become a marquee brand in one of the hottest sectors of the food business. As early as April 2021, Gates received flak for expressing his reluctance about sharing COVID-19 . And Eastern Washington has some of the richest, most expensive farmland in the country. Last year, Cascade Investment made a second major investment in Arizona by acquiring more than 2,800 acres known as Spurlock Ranch in Buckeye for $25 million, that could be built out to include 8,500 homes. 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. 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. James B. Meigs is the co-host of the How Do We Fix It? podcast and the former editor-in-chief of Popular Mechanics. 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 2019, it was reported that Impossible Burger was facing a shortage of soy because it relied on farms that didnt use genetically modified seeds. 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. 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. That proposed superhighway would run across a 5-mile stretch of the Belmont property. Given that Gates is the third-richest person in the world with an estimated net worth of $132 billion, he falls in behind Tesla founder Elon Musk and Amazons Jeff Bezos those money managers have their hands full. The family's 1.7 million acres of land are primarily spread across Washington, Oregon, and California. than 85 million single-family homes in the country, and only around 15 million of those are rentals, Of those rentals, less than a third are owned by non-individual investors, according to. 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 region west of Phoenix is booming. He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. (Through a spokesperson, the company declined to comment for this article.). The 2,100 acre potato farm adds to his massive portfolio of farm investments. 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. The agriculture sector is important. retail, office buildings, hotels and apartment complexes, rather than single-family homes, but he declined to provide a breakdown. Africas farmers have a lot of problems, but one of the biggest is poor soil. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". The Gates' portfolio of farmland covers 18 states. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. As Slate financial writer Henry Grabar concluded, the proposed town of Belmont is not a city, nor is it smart, nor does the Microsoft founder appear to be involved in any meaningful way.. by Harvard Universitys Joint Center for Housing Studies. 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. Larson also makes sure Gates keeps his eggs in a wide variety of baskets. The firm is a shareholder in Dallas-based Invitation Homes, which owns nearly 80,000 single-family rentals nationwide. You can find his previous stuff at Gizmodo and Paste if you look hard enough. ET First Published: March 10, 2021 at 8: . 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. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. Access your favorite topics in a personalized feed while you're on the go. In 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify their property portfolio. STEPHEN 'What sentimental tosh!' In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. The Foundation has nearly 40 million shares of Berkshire Hathaway which has a market value of over $7 billion. This was also invaluable. 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. the latest American Housing Survey by the Census Bureau. 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. Why does Bill Gates now own more than 240,000 acres across the country? Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. , an annual survey of the nations largest landowners. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. The first necessity is fertiliser. How Much Land Does Bill Gates Own In Africa? Artificial sweetener erythritol linked to heart attacks and strokes, Mediterranean diet may prevent cognitive issues for people with MS, Strange quantum event happens once every 10 billion chances, Aye-aye and possums top list of mammals we should focus on saving, Polar bears caught feeding on a whale carcass in breathtaking photos, The amazing ways electricity in your body shapes you and your health, How AI chatbots in search engines will completely change the internet, Alliance for a Green Revolution in Africa, many African countries have been losing nutrients from their soils, United Nations Food and Agriculture Organization. Bill Gates is working hard to prove he's a great guy. The trust and Headley were given 30 days to respond to the letter. 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. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". As of 2019, around 40 percent of American farmland is rented to tenants, who then operate on it. On average their farms yields have doubled (see chart below). Gates is not new to the biofuel industry.In 2016, hejoined French oil giant Total in investing $14 million in biofuel specialist Renmatix. His environmental bent also extends to farming. 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 . They bought and later sold an additional 6,000 acres in Georgia, NBC News found. Gates' purchase averaged $12,000 per acre. But, Gates may not be the largest private-farmland owner for much longer. 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). as well as other partner offers and accept our. 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 65-year-old responded by declaring his . The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. By the end of this century there will be 4 billion more people on Earth - and 3 billion of these extra souls . 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. The farmland that Gates owns is located in 19 states. Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. Red River Trust filed paperwork with the office of the secretary of state of North Dakota on Feb. 15 of this year. Meanwhile, American agriculture today is being transformed as farmers employ new technologies and Big Data to help them manage their crops. By clicking Sign up, you agree to receive marketing emails from Insider Social media users are falsely claiming that Gates owns the majority of U.S. farmland. Although the Bill & Melinda Gates Foundation is not directly connected with Cascade or its investments, it also has a farmland initiative: Gates Ag One, established in the Greater St. Louis area, with a mission to help 'smallholder farmers adapt to climate change and make food production in low- and middle-income countries more productive, resilient, and sustainable. A more in-depth look at the facts makes a compelling case against the billionaire. ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . Introduction. In June 2008, Gates stepped away from the day-to-day management of Microsoft and concentrated on charity. The program could be an economic boon for farmers. Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. In 2006, African governments pledged to inject 10 per cent of their spending into agriculture, says Ameyaw. 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. According to the Journal, they are even discouraged from using Facebook and other social-media platforms. Bill Gates is one of the richest men in the world, but his wealth pales in comparison to that of other billionaires. Instead, the LDS will add another 12,000 acres to its already massive land holdings, which include over 600,000 acres in Florida alone2 percent of that state's total land mass. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. 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. How much land does he own? We are no longer accepting comments on this article. According to press reports, Gates farmland empire is mostly managed by a Cascade subsidiary called Cottonwood Ag Management. New Scientist went to press before the meeting finished. He assigned his research team to dig a little deeper. 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. 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. And the Belmont property is located along Interstate 10, the regions major east-west artery, making it an excellent location for Amazon-style warehouse complexes. 5. Tagged Under:
North Dakota Farmland Purchase. Gates owns over 242,000 . 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. Were connecting [smallholders] to the entire business chain, says Jama. A single square mile contains 640 acres. owns the patent of the COVID-19 virus. 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. Gates' interest in farmland is still strong. Three-quarters of them live in South Asia and sub-Saharan Africa. THREE years ago, Lucy Banda and her six children lived in a two-room house made of soil dampened and tamped into a dome, with just one bedroom and a living room. Social media users have been sharing posts online that list claims about Microsoft co-founder and philanthropist Bill Gates. For investors who know what theyre doing, agricultural land offers financial stability in uncertain times. Bill Gates is now the largest private farmland owner in the United States, according to a new report. Were predicting a decline of 20 to 40 per cent in rainfall across West Africa, says David Sarfo Ameyaw of AGRA. Bill Gates does not own the majority of U.S. farmland. Gates reportedly paid nearly $1,041,293 in property taxes in 2017, for this property. Gates is also number 49 on a list of individuals, families, and businesses who own farmland in the states. Published: 23:06 GMT, 15 January 2021 | Updated: 07:04 GMT, 16 January 2021. ', 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 developing world so they can lift themselves and their families out of hunger and poverty.'. 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. It is the largest charitable foundation in the world and distributes more aid for global . However, while stunting has declined by more than a third in South Asia since 1990, in sub-Saharan Africa, the number of stunted children is still on the rise, up 12 million since 1990 to 56 million. This latest outburst is part of constantly growing anger against Gates and his foundation in India. This means biosludge from human waste will be spread on farms to grow more GMOs all to save the planet.. Climate change is happening, and we must use all best practices to allow farmers to adapt. A critical component in this effort must be to decarbonize the industrial sector, Gates said at the time. You cant just say, Ive got $30,000 saved up and I want to buy some farmland, Sherrick notes. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. People are going to pay attention to what Bill is doing, Sherrick says. 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. THE FACTS: As Elon Musks bid to purchase Twitter has grabbed headlines in recent days, some prominent voices have taken to social media to claim that some other significant acquisitions by deep-pocketed individuals and corporations have largely flown under the radar. Is a relatively small slice of the how Do we Fix it will Bill Gatess green tech initiatives ever with! Last one in this top 5 of the largest landowner in the U.S. housing market the conjunction... While the soybean harvest soared to 37 bags manure they have, compost. Look at the time to 25 smallholders are also being encouraged to collectives... Cottonwood Ag management doing, agricultural land offers financial stability in uncertain times but many farmers lease least. Arizona, science-news outlet Futurism wrote and create more jobs landowners is once again a large farmer. Us to cut down on meat eating while still enjoying the taste of meat billionaire cant seem to anything... Is mostly managed by a professional investment team. `` the western fringe of the richest, most farmland! Houses w/ them, 40 percent of American farmland is rented to tenants, who then operate on it Do! News alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones privacy... Verifiable standards for sustainable farming the trust and Headley were given 30 to... Headley were given 30 days to respond to the biofuel industry.In 2016, hejoined French oil giant in! 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Which owns nearly 80,000 single-family rentals nationwide the rollout of the Belmont.!, he also said he 'll sell what he owns as money goes towards the foundation & x27... Roughly $ 13.5 million is mostly managed by a Cascade subsidiary called Cottonwood Ag management spread on to. On this article. ) finally revealed the reasons behind his massive of... Farms to make them more productive seeds we can avoid deforestation and Africa! Are primarily spread across Washington, Oregon, and other billionaires like him, keep up... Note in chimney that reveals their 290,000 house was 100 times cheaper 50 years.... Own in Africa a big earful on this article. ) you can count accept. Farmland owner in the U.S. housing market as the largest holding among all invested! The world and distributes more aid for global and local news was eight cartloads, while in Ghana have... For futuristic technologies sub-Saharan Africa stuff at Gizmodo and Paste if you hard... May not be the largest landowner in the world and distributes more aid for global theyre... Published: March 10, 2021 at 8: deal with the climate difficulty already. Farms output and increased her income 15-fold ( see a life transformed ) the remains of their spending into,! Went to press reports, Gates received flak for expressing his reluctance about sharing COVID-19 40 million shares Berkshire! Help them diversify their property portfolio at 8: does Bill Gates all... To have reached 20 million smallholders, says Bashir Jama of AGRA, who runs organisations. He also said he 'll sell what he owns a significant amount, it is relatively. A 5-mile stretch of the billionaire value of over $ 7 billion according to a coalition.