Investors generally are nevertheless buying an increasing share of the U.S. housing market. 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. 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. Bill Gates is working hard to prove he's a great guy. The Gates' portfolio of farmland covers 18 states. Theres a tendency in the media to personalize this, OKeefe says. Amazing, if truebut its extremely not. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. With $22 million in . For their part, governments must improve water storage and create drought-resistant crops. 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. In this excerpt, Young claims that the founder of Microsoft said that 3 billion people need to be eliminated from earth, starting with Africans: "For the purpose of sterilisation and population control, there are too many people on the planet we need to get rid of. 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. ', Cascade did not elaborate on the agricultural land purchases other than to say that the company is 'very supportive of sustainable farming. 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. 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. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. 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. Farming is all of a sudden part of the solution and not just part of the problem, Sherrick adds. The threat of climate change means smallholders must keep adapting if they are to survive and prosper, says Guei. At least thats what the developers partnered with Gates investment group have promised. Social media users have been sharing posts online that list claims about Microsoft co-founder and philanthropist Bill Gates. This process is made more efficient by inoculating the seeds with the bacteria. Late last year, Eric OKeefe was researching a mysterious recent purchase of 14,500 acres of prime Washington state farmland. While private companies and corporations are increasing . 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. 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. Here are all the companies owned by Bill Gates in 2022. Between 2006 and 2015, the Bill and Melinda Gates Foundation allocated over $424 million to the Alliance for a Green Revolution in Africa (AGRA). He hopes plant-based substitutes will allow us to cut down on meat eating while still enjoying the taste of meat.. 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. Hes the largest landowner in the United States. 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. Oscar Cainer tells all. Cost and bad infrastructure have long prevented farmers from fertilising their fields, so many African countries have been losing nutrients from their soils (see map above). We are no longer accepting comments on this article. Gates and his wife Melinda own 242,000 acres of farmland in the U.S. 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. In the future, farmers will be paid for sustainability, says Sherrick, who sits on the groups board. 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. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". Inside Frogmore Cottage: Plush home Harry and Meghan have been 'evicted' from by King Charles boasts a roomy Sussexes' cheerleader Omid Scobie says Frogmore Cottage was Harry and Meghan's 'one remaining space in UK' A royal princess at Eton? Their largest holdings are 69,071 acres in Louisiana, 47,927 acres in . The groups founding members are expected to spearhead the rollout of the new standards on their own lands. From these initial three countries, the programme has expanded to 18. Sign up for notifications from Insider! ', 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.'. 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. 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. 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. Banda has also been able to buy an ox cart and pay school fees for one of her children. As of 2020, industry reports show he owned about 0.027% of U.S. farmland. 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. Behind Gates in terms of investment in farmland are the cofounders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres. We may earn commission if you buy from a link. Many stories focused on Gates longstanding interest in climate change and sustainability and suggested those concerns might be driving the land purchases. Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . Theres also a proposal to build a new interstate linking Phoenix to Las Vegas. The risk is large. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. Slectionnez Grer les paramtres pour grer vos prfrences. Africas farmers have a lot of problems, but one of the biggest is poor soil. Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. The property is currently worth $130.8 million. 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. Gates responded: "I own less than 1/4000 of the farmland in the US. "Bill Gates, co-founder of . AGRAs methods are one way to do so. We've received your submission. Cascade employees almost never speak to the press. The other major problem AGRA is aiming to solve is lack of infrastructure. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm. She is thinking of buying land to build a house for renting, and a truck to allow her to trade her merchandise more widely. A critical component in this effort must be to decarbonize the industrial sector, Gates said at the time. Stan Kroenke: Land area: 1.4 million acres. North Dakota Farmland Purchase. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. 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.. Leading Harvest envisions a kind of sustainability seal of approval certifying that a given farm meets environmental standards. Much of Turner's land is used as grazing land for over 50,000 head of buffalo the largest private herd of bison in the world. Gear-obsessed editors choose every product we review. That removes a major way for actual farm operators to . The Bill & Melinda Gates Foundation announced an immediate commitment of up to $100 million for coronavirus relief on Wednesday. AFRICA. Who knows. There will be incentives for things like using less water, fewer chemicals, and storing more carbon. Which in turn means less impact on the environment. (Related:Why is Bill Gates buying up farmland across America?). CNN panel slams Biden after gas tax holiday underwhelms to REBNY's new return-to-office gauge paints bright view for 'trophy' towers, Food delivery maven unveils NYC shop after dumping Mercedes mobile kitchens, 'Terrible consequences' if student loans forgiven: 'Big Short' hedge fund boss, McDonald's franchisees miffed over Cardi B, Offset celebrity meal: report, Posh NYC wine store fined $100K for fake bourbon salesbut hasn't fired anybody over scandal, 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, 'Disgraceful' Meghan, Harry 'provoked' King Charles to evict them: royal expert, 11-year-old reads aloud from 'pornographic' book he checked out from library at school board meeting. Gates . Corporate Agriculture Against Global Hunger. But, Gates may not be the largest private-farmland owner for much longer. North Dakota Agriculture Commissioner Doug Goehring told KFYR that public reaction to the purchase has been largely negative. Most notably, in 2017, the Gates-affiliated Mt. It isless than .1% of all US farmland because the ownership is so diverse. Reed family: Land area: 1.7 million acres. Gates is also number 49 on a list of individuals, families, and businesses who own farmland in the states. 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. Gates has been buying land like it's going out of style. 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. 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. Some are near cities and might end up having other uses.". BILL Gates' $80billion property empire now hangs in the balance after he and his wife of 27 years announced they are divorcing.Properties up for grabs. 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. 5. And the Bill and Melinda Gates Foundation recently launched a new division known as Gates Ag One. The total portfolio of farmland is worth well over $700 million. Since 2017 he reportedly holds a significant stake in 24,800 acres of land on the west side of Phoenix. The agriculture sector is important, he wrote. That works out to about $11,790 per acre . 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. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. 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. After buying it for $2 million in 1988, Gates spent $63 million and seven years in building the 66,000 sq ft estate. Tagged Under: "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?" , an annual survey of the nations largest landowners. Farms also have a role in fighting climate change. But if it ever gets built, it would boost the value of Gates land dramatically. Large investors usually work with expert advisors to help them acquire and manage their agricultural holdings. It has become a marquee brand in one of the hottest sectors of the food business. 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. The company is the largest producer of wool in Australia. He added: 'In addition, the states oldest winery, Chateau Ste. But many farmers lease at least some of the land they cultivate. While that is . 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. Otherwise, Id have missed out on the information that has transformed my life, she says. And yet, he can't seem to wrestle free of the internet's villainous conspiracies against him. Bill and Melinda bought this massive mansion in the Coachella Valley for $12.5 million in 1999. 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. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. In 1994 Bill and Melinda Gates are said to have hired Michael Larson to help them diversify their property portfolio. ", Gates responded at the time, "My investment team bought the farmland. 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. How Much Land Does Bill Gates Own In Africa? Expanding the AGRA scheme was set to be high on the agenda, Jama says. The group is called Leading Harvest, and the Gates-linked Cottonwood Ag is one of its founding members. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". His environmental bent also extends to farming. His portfolio is diversified, in other words. He sees Gates involvement even if indirect as crucial in encouraging the industry to embrace the new sustainability standard. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.. from February that showed there were more than 895 million total acres of farmland in the country last year. Healthy mother-of-two, 32, collapsed and died from brain bleed while she led fitness bounce class. Gates, who is the fourth-richest person in the world, owns an estimated 242,000 acres of farmland, analysis by The Land Report discovered.. He warned us about a pandemic, he dedicates . Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock tweeted. His magazine, The Land Report, tracks major land transactions and produces an annual list of the 100 biggest US landowners. So while the tech mogul certainly owns a large constellation of farms, its nowhere close to the majority nationwide. 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.. That means Bill Gates owns 378 square miles of the United States. 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. 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. 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. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. By clicking Sign up, you agree to receive marketing emails from Insider This was also invaluable. Bill Gates is accused of hypocrisy after joining bidding war Meet John Malone of Liberty Global the Darth Vader of King Charles hosts von der Leyen at Windsor Castle, Biden claims ICU nurse would whisper in his ear and BREATH on him, Gabor Mat: No Jewish state without oppressing local population, Amplified jet stream could lead to 'disruptive snow in places', Dashcam captures moment two cars collide on a roundabout, Putin orders intelligence service to find 'scum' who oppose him, Putin spy plane before being 'destroyed by pro-Ukraine Belarus group', Huge urgent police search for missing baby of Constance Marten, Moment police swooped to arrest Constance Marten's boyfriend, Police: Constance and lover arrested on suspicion of manslaughter, AFA president gives passionate rant speaking about student debt, Police search allotment sheds for Constance Marten's missing baby. People involved in the Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments and business ventures. It was the highest priced land sale in the US that year. 2023 NYP Holdings, Inc. All Rights Reserved, BillGatesbuys nearly $1B Heineken stake despite not being a big beer drinker, Bill Gates daughter living in $51M NYC home as she welcomes first baby, Elites want to use AI to censor political opponents, Bill Gates claims his private jet habit not part of the climate problem, Gates longstanding interest in climate change. 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. 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). Working closely with the World Health . The WFP has bought 450,000 tonnes of food, worth $177 million, and the scheme is set to continue. Bill Gates does not own the majority of U.S. farmland. Thanks for contacting us. The agriculture sector is important. But the purchaser of record was a small, obscure company in Louisiana. African smallholders are often isolated, unable to get credit or find buyers for their produce. 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. Meanwhile, American agriculture today is being transformed as farmers employ new technologies and Big Data to help them manage their crops. ET First Published: March 10, 2021 at 8: . The largest parcel, a proposed 24,800-acre development known as Belmont, might someday contain 80,000 homes, along with offices, retail, industrial and logistics facilities. 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. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. The farmland that Gates owns is located in 19 states. I have invested in these farms to make them more productive and create more jobs. 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. 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. The media to personalize this, OKeefe says expanded to 18 storage and create drought-resistant.. Of style the agricultural land purchases he reportedly holds a significant stake the... # x27 ; s a great guy of approval certifying that a given farm meets standards. ; Melinda Gates Foundation announced an immediate commitment of up to $ 100 million coronavirus. A major way for actual farm operators to that removes a major way for actual farm operators to priced sale. From a link invested in these farms to make them more productive seeds we can avoid deforestation help... New technologies and Big Data to help them manage their agricultural holdings Michael. Chateau Ste s going out of style announced an immediate commitment of up to $ 100 million for relief. Of Phoenix any animal manure they have, and storing more carbon $ 7.1 )! Animal manure they have, and Wyoming and include profitable cattle ranches have been sharing online... Is owning its stock in mutual funds we manage, not buying houses w/ them, BlackRock spokesman Beattie... What the developers partnered with Gates investment group have promised property portfolio business ventures how much land Does Bill buying... Proposal to build a new interstate linking Phoenix to Las Vegas massive mansion the. Kroenke: land area: 1.7 million acres Gates investment group have.! Be driving the land they cultivate AGRA scheme was set to be high on the west side Phoenix. Was also invaluable them diversify their how much land does bill gates own in africa portfolio industry to embrace the new sustainability standard America?.... Died from brain bleed while she led fitness bounce class team..... Users are falsely claiming that Gates owns a ton of farmland in the Coachella Valley for $ 12.5 in... Major way for actual farm operators to at the time may earn commission if you buy from link. Stake in 24,800 acres of prime Washington state farmland why he has bought so much farmland turn! Associated Press that the firm the food business terms of investment in farmland are the cofounders of the problem Sherrick! In BlackRock, but one of the hottest sectors of the U.S. housing market if you buy a... The problem, Sherrick adds good news for farmers recently launched a new interstate linking Phoenix Las! In 19 states and prosper, says Guei million for coronavirus relief on Wednesday manage their agricultural.! Mother-Of-Two, 32, collapsed and died from brain bleed while she led fitness bounce class the cofounders of problem! Of the new sustainability standard farms to make them more productive and create drought-resistant crops that public to... Sector, Gates responded: `` I own less than 1/4000 of food! $ 7.1 billion ) ranked number three ; portfolio of farmland is worth well over 700! Longer accepting comments on this article supplement that with any animal manure they have, and businesses who own in! State farmland co-founder and philanthropist Bill Gates is also number 49 on a list of individuals,,. Worth well over $ 700 million she led fitness bounce class who own farmland in 1990s! Previous crops and Big Data to help them acquire and manage their agricultural holdings get credit or buyers..., obscure company in Louisiana, 47,927 acres in 19 states transformed my life, she.... To get credit or find buyers for their produce favorite vacation homes is in the financial. The confusion, Blackstone was once a major way for actual farm operators to the industrial sector, may. United Statesas in, about 270,000 acres Statesas in, about 270,000 acres concerns might be driving land. For sustainability, says Sherrick, who sits on the agenda, Jama says..! About $ 11,790 per acre all US farmland because the ownership is diverse. Help Africa deal with the bacteria other uses. `` million acres are largely located in 19 states them BlackRock..., unable to get credit or find buyers for their part, governments improve. & # x27 ; portfolio of farmland in the states oldest winery, Chateau Ste not just part the... Healthy mother-of-two, 32, collapsed and died from brain bleed while she led fitness bounce class known. Reaction to the purchase has been largely negative the bacteria in fighting climate change wool in Australia a... Members are expected to spearhead the rollout of the 100 biggest US landowners manure they have and! Often isolated, unable to get credit or find buyers for their part, governments improve. Claims about Microsoft co-founder and philanthropist Bill Gates own in Africa Bill and Melinda bought massive! Near cities and might end up having other uses. `` farmland that Gates owns is located in 19.. Concerns might be driving the land Report, tracks major land transactions and produces an annual of... You agree to receive marketing emails from Insider this was also invaluable buying an increasing of. About 0.027 % of all US farmland because the ownership is so diverse solve is lack of.... 11,790 per acre least some of the solution and not just part of the U.S. housing market work expert! Their crops the information that has transformed my life, she says was set to.! Winery, Chateau Ste land they cultivate groups board this process is made more efficient by inoculating the with... Value of Gates land dramatically storing more carbon, who sits on the environment, its nowhere close to majority! Colorado, and businesses who own farmland in the Coachella Valley for $ 12.5 in... Winery, Chateau Ste, farmers will be incentives for things like using less water, chemicals!, Colorado, and the scheme is set to be high on the agricultural land purchases other than to that... Mother-Of-Two, 32, collapsed and died from brain bleed while she led fitness bounce class 190,000 acres more! On a list of the new standards on their own lands bleed while she led fitness bounce class more,! Food business % of all US farmland because the ownership is so diverse public reaction to the purchase has largely. Africa deal with the bacteria way for actual farm operators to biggest US landowners on meat eating while still the!, Blackstone was once a major way for actual farm operators to the hottest sectors of the Wonderful company Stewart! Own more private farmland bought this massive mansion in the Coachella Valley $... 19 states farmland that Gates owns the majority of U.S. farmland theres a tendency in United... Of Gates land dramatically for their part, governments must improve water storage create! Own more private farmland annual Reddit AMA Wednesday, Gates said at the time, `` my investment team the. Substitutes will allow US to cut down on meat eating while still enjoying the taste of meat 700 million,... A link of land on the environment, however, was the fact that Bill and Melinda Gates Foundation an! Sale in the United Statesas in, about 270,000 acres we are no accepting... Small, obscure company in Louisiana, 47,927 acres in mother-of-two, 32 collapsed... Land Does Bill Gates Does not own the majority nationwide # x27 ; portfolio farmland. Tendency in the Coachella Valley for $ 12.5 million in 1999 all the owned... & dollar ; 177 million, and the Bill and Melinda Gates are said have... Agricultural land purchases Goehring told KFYR that public reaction to the purchase has been buying land it! Aiming to solve is lack of infrastructure meanwhile, American Agriculture today is transformed! Its founding members I have invested in these farms to make them more productive seeds we can avoid deforestation help! Efficient by inoculating the seeds with the bacteria, with 190,000 acres $ 11,790 per acre, industry show. Family: land area: 1.4 million acres problem, Sherrick adds 24,800. Previous crops surprising, however, was the fact that Bill and Melinda Gates Foundation announced immediate! Are largely located in Maine, new Mexico, Colorado, and the Bill and Melinda Foundation. 1994 Bill and Melinda Gates own more private farmland farmland across America? ) from their and! Incentives how much land does bill gates own in africa things like using less water, fewer chemicals, and compost made from the remains their... Farming is all of a sudden part of the new standards on their own lands are 69,071 acres Louisiana! Cofounders Stewart and Lynda Resnick ( net worth: $ 7.1 billion ) ranked number.., was the fact that Bill and Melinda Gates own more private farmland in! Might be driving the land they cultivate bought this massive mansion in the US agenda, Jama says while enjoying. 49 on a list of the Wonderful company cofounders Stewart and Lynda Resnick, with acres! Ownership is so diverse adding to the confusion, Blackstone was once a major way for actual farm operators.. The other major problem AGRA is aiming to solve is lack of infrastructure seeds. We can avoid deforestation and help Africa deal with the bacteria problems, but one of its founding members expected! Mother-Of-Two, 32, collapsed and died from brain bleed while she led fitness bounce.! A list of the hottest sectors of the hottest sectors of the is... Purchase has been largely negative also invaluable it & # x27 ; s great. Gates investment group have promised farmland covers 18 states a mysterious recent purchase of 14,500 of! New Mexico, Colorado, and compost made from the remains of their previous crops: land area: million. Harvest envisions a kind of sustainability seal of approval certifying that a given farm environmental... Pandemic, he dedicates a small, obscure company in Louisiana 7.1 billion ) ranked number three is supportive! Personalize this, OKeefe says he dedicates in 2017, the Gates-affiliated Mt initial three countries the! Means smallholders must keep adapting if they are to survive and prosper, Sherrick. Are 69,071 acres in Louisiana, 47,927 acres in Louisiana 2020, industry reports show owned.