However, there are also countless farmland investing platforms gaining traction now too. AcreTrader is one of the most well-established farmland crowdfunding platforms out there. So, if farmers do not improve farming methods, local communities suffer. Thus, before we answer these questions, we are going to provide a brief summary of his financial history. And already in 2022, the forecast averages about $100 billion in profits. Here's why the ultra-wealthy like Bill Gates and Thomas - CNBC CSC Leasing: Non-dilutive Funding for AgTech Startups, Americas Cultivation Corridor: We Grow AgTech Innovation, largest portfolio of private farmland in the US, replace their consumption of cattle-derived beef, How to implement digital agriculture, step-by-step, The Week in AgriFoodTech: Restaurant order app me&u bagged $30m, Remilk approved for Israeli markets, biomaterials bonanza, First Bite: Better Bite Ventures backs four early-stage APAC alt protein startups, from cauliflower ice cream to cultivated seafood. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. FILE - Bill Gates attends a discussion during the 'Munich Security Conference' in Munich, Germany, Friday, Feb. 18, 2022. All investments involve risk and may result in loss. If the nations largest farmland owner can show that farming can be both sustainable and profitable, that will make a big difference. Gates was speaking to Redditors during an event marking the release of his new book, How to Avoid a Climate Disaster.. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. By Tim Gray. Turns out that very same property had caught my eye way back when The Land Report was preparing to launch in 2006. I am quite confident that Eastwoods character, Steve Everett, would have picked up the stench from this setup a mile off: a $171 million acquisition by an LLC with two employees in a metal-sided building down a dirt road off the Bayou Teche? Some of the biggest critics of Gates have deemed his philanthropy as a budding technocracy a tyranny of experts that both centralizes power into a private corporations interests. Is this simply a diversification of Gates' massive tech investment portfolio? Rating: False About this rating Context In April 2022, conspiracy theorists insinuated that billionaire Bill Gates. Going forward, in line with the spirit of Leading Harvest, Cascade plans to continue to evaluate and implement new initiatives that will improve the overall sustainability of its farmland portfolio, the spokesperson revealed. Gate's hefty investment in American farmland may also be tied to his interests in developing super-crops. Today, the Belmont tract remains mostly empty desert. In 2017, Cascade Investment bought a significant stake in 24,800 acres of transitional land on the western edge of Phoenix, the most populous city in Arizona and the tenth-largest metropolitan area in the country. All https://www.barchart.com/solutions/ is provided by Barchart Solutions. From the beginning, Cascade Investments focused on blue chip defensive stocks, including Four Seasons, Berkshire Hathaway, Coca Cola, and more. holding off on buying and working with what I have. In reality, the idea that Bill Gates was single-handedly reinventing farming or designing cities of tomorrow was almost entirely speculation. The program could be an economic boon for farmers. Gates responded: "I own less than 1/4000 of the farmland in the US. According to press reports, Gates farmland empire is mostly managed by a Cascade subsidiary called Cottonwood Ag Management. Additionally, because the farmers don't have access to state-of-the-art agriculture tools or technology, they never maximize yield potential. Most likely, it is just one more asset in Gates vast portfolio, quietly appreciating in value while the billionaire himself remains at arms length. Sorry, but that didnt pass the sniff test. Meanwhile, American agriculture today is being transformed as farmers employ new technologies and Big Data to help them manage their crops. 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 the Land Report 100, an annual survey of the nations largest landowners. But in total the Microsoft co-founder owns less than 1% of the nations total farmland. 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. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. Bill Gates is an American technology pioneer. Agricultural technology advances of the future, or Agri-Tech, will create super productive seeds, sustainable biofuels and super crops. Bill Gates is about to change the way America farms Bill Gates' 20,000 acres in Nebraska help make him the top farmland Gates is in 49th spot but rising. Past performance is no guarantee of future results. Merged from the William H. Gates Foundation and the Gates Learning Foundation, The Bill and Melinda Gates Foundation quickly became the largest private foundation in history. For more information read our Risk Statement click here. In early 2021, Bill Gates made headlines for becoming the largest private farmland owner in the U.S. Farmland REITs have a high degree of correlation with the overall stock market, and returns tend to be lower than less liquid farmland investments. What special interest does Bill Gates have in farmland? Investors generally are nevertheless buying an increasing share of the U.S. housing market. If youve been on the fence about getting into farmland, maybe now is the time to reconsider. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? The farm was subsequently sold to AgCoA, which was acquired by the Canada Pension Plan Investment Board. There is absolutely no connection between the Gate[s] North Dakota farmland investments and the Fufeng Group, a spokesperson for Cascade Investment, which oversees the investments of the Bill & Melinda Gates Foundation Trust and Bill Gates, told The Post. He created the pledge in 2010 with his then-wife, Melinda French Gates, and his close friend and Berkshire Hathaway CEO, Warren Buffett. And its headquarters was in you guessed it Monterey, Louisiana. Among the participants in the 13-member Sustainable Agriculture Working Group are Ceres Partners, Hancock Natural Resources Group, The Rohaytn Group, and UBS Farmland Investors. 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. The burgeoning metropolis of Monterey, population 462, rang a bell, but despite my best efforts, I couldnt connect the dots to anyone whom we had profiled in The Land Report or, for that matter, anyone who was on our watch list. 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. Best Farmland Investing Platforms Non-Accredited, Best Canadian Farmland Investing Platforms. , said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. The cofounder of Microsoft and his wife make an auspicious debut on the 2020 LAND REPORT 100, as Americas largest private farmland owners. Even in an age of rapidly encroaching automation, it isn't, and never has been, easy being a farmer. Then again, farmers and investors in the Mid-Columbia River market expect to pay $10,000 to $15,000 for good ground. Gates also owned up to the various failures in their initiatives, and admitted that they try their best to leverage the expertise and wisdom from the community leaders present in the areas they aid. While Gates appears . The Best North Dakota Farmland to Invest in There are specific regions within North Dakota that are better suited for growing certain commodities. Gates owns roughly 275,000 acres of farmland in the US, according to the 2022 edition of the Land Report 100, a yearly survey of the biggest landowners in the country. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. 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. In their 2018 annual letter, the Gates Foundation answers the top ten questions they received, and they admitted that they didnt think it was fair that their family had so much global influence. According to Bruce Sherrick, a professor of agricultural economics at the University of Illinois at Urbana-Champaign, about 60 percent of row-crop farmland in the Midwest is leased.
