Emily
Editor, Senior Moderator
https://www.marketwatch.com/story/b...largest-farmland-owner-in-america-11610818582
Bill Gates may no longer be the world’s richest man, but he can claim a new title: America’s farmland king.
The billionaire Microsoft co-founder has become the largest owner of farmland in the United States by quietly buying up massive plots across the county, a new report says.
Gates’ portfolio comprises about 242,000 acres of farmland and nearly 27,000 acres of other land across 19 states, according to The Land Report, a magazine for land investors that tracks the nation’s biggest landowners.
The biggest chunks of Gates’ holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlet’s research found.
...
It’s uncertain why Gates has invested in so much farmland or how his tracts are currently being used. Cascade did not immediately respond to a phone message Friday, and the company declined to comment to The Land Report “other than to say that Cascade is very supportive of sustainable farming,” the outlet said...
Bill Gates may no longer be the world’s richest man, but he can claim a new title: America’s farmland king.
The billionaire Microsoft co-founder has become the largest owner of farmland in the United States by quietly buying up massive plots across the county, a new report says.
Gates’ portfolio comprises about 242,000 acres of farmland and nearly 27,000 acres of other land across 19 states, according to The Land Report, a magazine for land investors that tracks the nation’s biggest landowners.
The biggest chunks of Gates’ holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlet’s research found.
...
It’s uncertain why Gates has invested in so much farmland or how his tracts are currently being used. Cascade did not immediately respond to a phone message Friday, and the company declined to comment to The Land Report “other than to say that Cascade is very supportive of sustainable farming,” the outlet said...
