Bill and Melinda bought this massive mansion in the Coachella Valley for $12.5 million in 1999. P4P aims to link the smallholder farmers explicitly into the process. Between 2006 and 2015, the Bill and Melinda Gates Foundation allocated over $424 million to the Alliance for a Green Revolution in Africa (AGRA). Cascade employees almost never speak to the press. 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. ITS like having a new life, says Lucy Banda, a farmer in Mwambaso village in western Malawi. 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 agriculture sector is important, he wrote. 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. buying an increasing share of the U.S. housing market. . From these initial three countries, the programme has expanded to 18. That proposed superhighway would run across a 5-mile stretch of the Belmont property. The title for largest landholdings overall goes to US businessman John Malone, chairman of Liberty Media, who owns 2.2million acres. (According to The Land Report, Gates owns about 27,000 acres of non-agricultural land, in addition to his farm holdings.). 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. Gates is also number 49 on a list of individuals, families, and businesses who own farmland in the states. Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. 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). 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. Another is the possibility of cost competitive biofuels. The trust and Headley were given 30 days to respond to the letter. For comparison, the state of Rhode Island covers an area of 1,214 square miles. 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 company also took to Twitter to reject the false narrative. Some partners in the Arizona project issued a press release touting plans to build a forward-thinking community that embraces cutting-edge technology. There was talk of high-speed digital networks and autonomous logistics hubs. That was all it took for many in the media to conclude that Gates was personally engineering the city of the future. 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. Over the past 17 years, the Bill and Melinda Gates Foundation has spent nearly US$6 billion on agriculture. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America's farmland. 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. But, Gates may not be the largest private-farmland owner for much longer. 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 . 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. New Scientist went to press before the meeting finished. What is the Venus-Jupiter conjunction and how can you view it? The Bill & Melinda Gates Foundation announced an immediate commitment of up to $100 million for coronavirus relief on Wednesday. Three years ago, the harvest amounted to three cartloads of maize and four to six bags of soybeans. 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. Im hoping to lay a concrete floor soon, she says. Stay up to date with what you want to know. 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. Hes the largest landowner in the United States. People are going to pay attention to what Bill is doing, Sherrick says. Most of us imagine farmers tilling the soil that has been in their families for generations. The Foundation has nearly 40 million shares of Berkshire Hathaway which has a market value of over $7 billion. To effectively address climate change, we need to develop an energy infrastructure that doesnt emit greenhouse gas and is cost competitive. Who knows. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? 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. AGRA has also appointed 2800 inspectors to monitor soil health and advise farmers on how much fertiliser they need. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 . Gates' interest in farmland is still strong. A 2014 Wall Street Journal profile of Larson, Cascade's chief investment officer, hinted at the beginning of that portfolio, after the piece noted that the firm owns 'at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana and other states or an area seven times bigger than Manhattan.'. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. In April of this year, Reddit users had a chance to ask Gates this very question. Gates has been asked about his farmland purchases before. With $22 million in . Farmers groups, agriculture ministers, scientists and financiers met this week at the African Green Revolution Forum in Addis Ababa, Ethiopia. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. North Dakota Farmland Purchase. , an annual survey of the nations largest landowners. BlackRock is sometimes confused w/ Blackstone, which owned Invitation Homes. 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 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. His magazine, The Land Report, tracks major land transactions and produces an annual list of the 100 biggest US landowners. Some are near cities and might end up having other uses.". 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. 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. While Gates appears . 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. And in Africa, there's a particularly prominent initiative driving corporate agriculture's agenda Bill Gates's Alliance for a Green Revolution in Africa (AGRA). 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. Last year, Gates vowed to give away "virtually all" of his fortune to the philanthropic foundation he runs with French Gates. This article will go into detail about how much land Bill Gates owns and why he owns so much. The option does not identify how much land . Published: 23:06 GMT, 15 January 2021 | Updated: 07:04 GMT, 16 January 2021. In 2008 it launched a programme called Purchase for Progress (P4P) that targets smallholder suppliers, including those in 15 African countries. Investors generally are nevertheless buying an increasing share of the U.S. housing market. 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 . Get the world's best independent media newsletter delivered straight to your inbox. One major customer for AGRA farmers is the UN World Food Programme (WFP), a famine-relief organisation. At least thats what the developers partnered with Gates investment group have promised. The Bill and Melinda Gates Foundation was launched in 2000 and has $46.8 billion in assets (December 2018). The nearby community of Buckeye has grown more than tenfold in the last 20 years. The Land Report reference came out in winter 2021, after which controversies circulated about Gates' accumulation of American farmland. The project isnt yet funded. Were connecting [smallholders] to the entire business chain, says Jama. Similar to private equity firms destabilizing the housing market, millionaires and billionaires investing in farmland are also creating their own set of issues, as they are now pricing out young farmers looking to buy land. In 2014, he reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. And the Bill and Melinda Gates Foundation recently launched a new division known as Gates Ag One. Getty Images for TIME One estimate puts the church's holdings close to 177 million acres, or 277,000 square miles. Many believe unhinged conspiracy theorists fuel the trend. Gates responded: "I own less than 1/4000 of the farmland in the US. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". 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. 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. People want to know, why does Bill Gates, and other billionaires like him, keep buying so... To conclude that Gates was personally engineering the city of the Belmont.. 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