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America’s Biggest Owner Of Farmland Is Now Bill Gates


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2021 Jan 17, 10:06pm   188 views  3 comments

by Patrick   ➕follow (55)   💰tip   ignore  

https://www.forbes.com/sites/arielshapiro/2021/01/14/americas-biggest-owner-of-farmland-is-now-bill-gates-bezos-turner/

Bill Gates, the fourth richest person in the world and a self-described nerd who is known for his early programming skills rather than his love of the outdoors, has been quietly snatching up 242,000 acres of farmland across the U.S. — enough to make him the top private farmland owner in America.

After years of reports that he was purchasing agricultural land in places like Florida and Washington, The Land Report revealed that Gates, who has a net worth of nearly $121 billion according to Forbes, has built up a massive farmland portfolio spanning 18 states. His largest holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588 acres). Additionally, he has a stake in 25,750 acres of transitional land on the west side of Phoenix, Arizona, which is being developed as a new suburb. ...

While Gates may be the country’s biggest farmland owner, he by no means is the largest individual landowner. In its list of 100 top American landowners, The Land Report gives the top spot to Liberty Media Chair John Malone, who owns 2.2 million acres of ranches and forests. CNN founder Ted Turner ranked number three with 2 million acres of ranch land across eight states. Even Amazon CEO Jeff Bezos is investing in land on a large scale, landing the 25th spot with his ownership of 420,000 acres, mainly in west Texas.

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1   Blue   2021 Jan 18, 12:14am  

Great move, farmland can protect all the inflation coming in all the foreseeable future.
2   Karloff   2021 Jan 18, 2:27pm  

Aw shucks, he's just planning on retiring and living out his dream of becoming a farmer. A real salt-o-the-Earth kinda guy. Nuthin' nefarious about it, no sir!

3   Patrick   2021 Jan 18, 7:07pm  

HunterTits says
farmers will withhold food distribution (selling) unless paid in goods (other food, fuel, ammo, fertilizer, etc) that are not in the hyperinflating currency


I like to point out that the ATF agency regulates things which hold value in a hyperinflation scenario:

- alcohol
- tobacco
- firearms

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