Hay big spender! Farmer Bill is now the biggest owner of agricultural land in the US

- DAILY MAISL - Jan 15, 2021 -

DAILYMAIL.COM REPORTER -


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

Billionaire Gates buys up 242,000 acres across 18 states


  • Microsoft founder Bill Gates is now the biggest private owner of farmland in the US, according to The Land Report

  • 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 all kinds, including in suburban Phoenix, Arizona, which he aims to turn into a 'smart city'

  • Gates is the fourth richest person in the world with net worth of $121billion, according to Forbes

  • John Malone, the billionaire businessman and Liberty Media owner, is biggest overall US landowner, with 2.2 million acres of land

  • It is unclear why Gates has invested so heavily in farmland, but could be connected to climate change

  • Land owned directly and through Gates' investment entity, Cascade Investment

  • Cascade Investment's money manager, Michael Larson, is reportedly to be Gates's land portfolio manager

LEIA MAIS:

https://www.dailymail.co.uk/news/article-9152789/Bill-Gates-biggest-owner-FARMLAND-buying-242-000-acres.html


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