In total, Bill Gates owns nearly 270,000 acres of farmland in the United States. 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, The tech billionaire has quietly bought up 242,000 acres of farmland in 18 states - and 268,984 of multi-use land in 19 states in total, making him the biggest agricultural landowner in the US, though far short of the biggest overall landowner in the country, In 2018, a 'Louisiana investor', later revealed to be Gates, paid $171 million for a large swath of farmland in the Horse Heaven Hill, making it one of the largest real estate transactions in recent memory, In 2014, Gates reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. Bill and Melinda have purchased numerous properties in Wellington, Florida, over the years. How Much Does Entergy Charge Per Kwh In Arkansas? Its a stunning 830 acres in Benton county. Total US FARMLAND = 242,000 acres Land OWNED BY BILL GATES = ~270,000 acres King Charles' land ownership = 130,000 acres 1) How much land does one man own and collec' rent on before he is de facto KING? From the Ozark and Ouachita Mountains in the west to the dense forests in the south and the flatlands of the east it all adds up to one of Earths awesome places. More than 1.6 million acres are harvested annually in over 40 counties. The merger provides the company with significant advantages. Determining Your Budget's Buying Power. These states . In addition, Florida's Bridlewood Farms is a noteworthy asset. I mean, it's not very weird for institutional . The report did not specify if the Arkansas land was all farmland. We Know How Fast Earth Spins Dont We? Investguiding is a website that writes about many topics of interest to you, it's a blog that shares knowledge and insights useful to everyone in many fields. And with its variety of landscapes, Arkansas is full of fun surprises. Why so much land in Arkansas, compared to the other states, Louisiana being the only other state where 60,071 was purchased. It has great intrinsic value and beyond that, it is a limited resource.. In the Bayou State, the Gates family reportedly own 69,071 acres of land, making up approximately 25.68 percent of the familys overall land holdings. 14. With federal government support, Arkansas can maintain its natural treasures for future generations. Billy Hathorn, CC BY-SA 3.0 , via Wikimedia Commons License. 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. What Is Sargassum Seaweed and Why Is It a Problem? Although the price that the Gates paid for this property was never made public, theres a $300,000 initiation fee, and more than $37,000 in annual feesand you still have to purchase a home within the community. In May 2022, Grady Spann became the chief executive officer. The current Liberty Media Corp chairman made the decision to put his billions of dollars in wealth into land after spending a summer working on a family farm in Pennsylvania. Although the Bill & Melinda Gates Foundation is not directly connected with Cascade or its investments, it also has a farmland initiative: Gates Ag One, established in the Greater St. Louis area, with a mission to help 'smallholder farmers adapt to climate change and make food production in low- and middle-income countries more productive, resilient, and sustainable. The private residential area is home to numerous A-list celebrity couples including Justin Timberlake and Jessica Biel. 18. In total, Bill and Melinda Gates have acquired land in more than a dozen states. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999. One of the more colorful theories pertains to Gatess strange interest in U.S. agriculture, with rumors that the former Microsoft CEO owns upward of 80 percent of farmland in the United States. Goldcrest Farms, one of the largest farms in the US, is located in Miller County, Arkansas, along the riverbanks of the Red River and 28 miles from Texarkana and Interstate 30. NFL Draft 2023 LIVE: The Carolina Panthers have the No. What is the number 1 crop in Arkansas? It seceded from the Union on 6 May 1861. What do you call a person from Arkansas? Gates has spent years diversifying his $129 billion fortune through Cascade Investments. The Northwest Arkansas Land Trust wants to help developers to learn more about land use planning. The United States consists of 11,078,300 Census Blocks, Freeman explained on his Tumblr. In total, Bill and Melinda Gates have acquired land in more than a dozen states. Well, investments in farmland are growing as people look for new ways to grow their money. Some of the world's biggest billionaires are landowners, such as media mogul Ted Turner who owns 2 million acres, Amazon.com's AMZN, -0.24% CEO Jeff Bezos who has amassed 420,000 acres and Microsoft MSFT, -1.67% co-founder Bill Gates's 270,000 acres, he notes. All Rights Reserved. However, his largest land holdings are in Louisiana (69,071 acres), Arkansas ( 47,927 acres), Nebraska (20,588 acres), Arizona (25,750 acres) and Washington state (16,097). Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? You can find it just east of the Illinois River by the area that used to be the historic Lake Frances. How much land does McDonald's own? Buffalo Bill Cody's Ranch in Cody, Wyoming: Undisclosed Sale Price (Listed for $8.9 Million). Acreage estimates provided by The New Statesman. Most of that land is in Arkansas. 36. Contact the AZ Animals editorial team. The land holdings are worth more than $US690 million ($906 million), a fraction of his estimated $US128.1 billion net worth. ', Last year the couple bought an oceanfront home in Del Mar, near San Diego, California, for $43million, The six-bedroom Del Mar home boasts a ten-person jacuzzi and a swimming pool overlooking the ocean, Gates, pictured last June during a concert for COVID-19 relief, purchased the San Diego property just as the pandemic took hold in March, In 2017, Gates reportedly bought a significant stake in 24,800 acres of land outside Phoenix, Arizona, which he planned to turn into a 'smart city' with 200,000 residents. In total, Bill and Melinda Gates have acquired land in more than a dozen states. Eighty percent of rented farmland (283 million acres, 30 percent of all farmland) is owned by non-operator landlords, those that own land used in agricultural production but are not actively involved in farming. Although nowhere near 80 percent of U.S. farmland, its still a little more than one-third of the state of Rhode Island, a surprising amount for one person and enough to make Gates the largest landowner in the U.S. Across the U.S., the Gateses own 242,000 acres of farmland as part of their personal investment portfolio, according to The Land Report. Gates reportedly paid nearly $1,041,293 in property taxes in 2017, for this property. Bill Gates's largest holdings include 69,071 acres [] ', 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 developing world so they can lift themselves and their families out of hunger and poverty.'. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 acres. Researching Zoning Compliance Regulations. How much working capital do I need when buying a business? Visiting national parks and historical sites is a fast way to open your mind and connect with the world around you. Arkansas ranks 1st in rice production. It is unclear why Gates, better known as a self-confessed computing 'nerd', has invested in farmland so heavily, and details of the land are scarce,as revealed in The Land Report. The Gates family's vast real estate holdings include timberland, cattle ranches, and hay farms. Most of his land is located in Georgia, New Mexico, Nebraska and South Dakota. So, a small herd of 20 requires a minimum of 20 to 60 acres. There are many good reasons to protect the land in Northwest Arkansas. Is There An Alligator Season In Arkansas? Can you imagine having that much property? The Gates family owns 47,927 acres in Arkansas, according to the Land Report. 25 percent of forestland is owned by the forestry industry. Arkansass Fort Smith National Historic Site also includes the Trail of Tears. With 242,000 acres of farmland, the Gates family is now comfortably ahead of the rest of the top farmland owners in the country. It also includes acres in Carroll Counties in the northwest corner of Arkansas. Farm Heroes Saga, the #4 Game on iTunes. The organization purchased the land thanks to a grant from the Walton Family Foundation. The price makes this one of the most expensive home sales in this part of California ever. According to The Land Report, the Microsoft co-founder owns farmland across 18 states, with the largest holdings being in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska. The Gates family owns 47,927 acres in Arkansas, according to the Land Report. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. Bill Gates (242,000 acres) Gates, who is the fourth richest person in the world, tops the list of the biggest farm owners in the U.S. Of them, 4,871,270 blocks totaling 4.61 million square kilometers were reported to have no population living inside them. #1 Queen Elizabeth II With her 6.6 billion acres, Elizabeth II is far and away the world's largest landowner, with the closest runner-up (King Abdullah) holding control over a mere 547 million, or about 12% of the lands owned by Her Majesty, The Queen. Reviews: 94% of readers found this page helpful, Address: 96487 Kris Cliff, Teresiafurt, WI 95201, Hobby: Calligraphy, Rowing, Vacation, Geocaching, Web surfing, Electronics, Electronics. Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. 2 min read. Keep reading to discover the top landowners in Arkansas and how theyre contributing to preserving this great state. Last year, Cascade Investment made a second major investment in Arizona by acquiring more than 2,800 acres known as Spurlock Ranch in Buckeye for $25 million, that could be built out to include 8,500 homes. It has a lot of history and interesting things to see. The newly merged Weyerhaeuser company owns 13 million acres across the country. How much land does the Ford family own? Mansion in Rancho Santa Fe, California: $18 Million. The land presents a prime conservation opportunity. What Is The Arkansas State Income Tax Rate For 2022? Soldiers from Arkansas served in both, Plant beets, carrots, Chinese cabbage, kale, kohlrabi, lettuce, Swiss chard, turnips, potatoes, cabbage, broccoli, and cauliflower. 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. Jeff Bezos is 25th and owns about 420,000 acres of farmland. One of the Gates favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. What are the best agencies to buy GTA Online? Gates and his wife paid almost $171 million for 14,500 acres of farmland in the Horse Heaven Hills of Benton County, Wash., according to The Land Report. What is the real cost of the data breaches? The six-bed Del Mar home, which boasts a ten-person jacuzzi and swimming pool overlooking the ocean, was bought by the couple in late Marchas the international coronavirus pandemic began to take hold. The Gates family owns 47,927 acres of that land in Arkansas, 17.8% of all the land they own. Surgeons $260,950 3. John MaloneJohn Malone is the largest private landowner in the United States. Ted Turner, who reportedly owns property in Arkansas, comes up just behind Malone on the USA Today list with 2 million acres. Amazon founder and chairman Jeff Bezos has amassed 420,000 acres in recent years. These advantages include the ability to drive performance through shared best practices. 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. According to landreport.com, the Gates family has a total of 242,000 in farmland acreage in the United States. The company has also promoted Jamie Beck to director of response management, Helen Dubach to director of environmental response, Sean McCarron to director of occupational health & corporate safety The post CTEH Hires Senior Toxicologist, Promotes Four to Senior Roles appeared first on AMP. 32. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. It's amazing how you can spend your entire life living with plants and animals, but still know so little about them! 2022 Benzinga.com. Hunter Biden must appear at 9 a.m. on Monday in a Batesville courtroom regarding a contempt charge and all other pending motions in The post Hunter Biden Ordered to Appear in Arkansas Court appeared first on AMP. Gates has been buying land like it's going out of style. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Public access to state parks offers Arkansas recreation, conservation, and economic growth opportunities. ", He continued, "the forestry part of it in the Northeast is a pretty good business, with very low return on capital, but very stable and leverageable," Malone said. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999. It was the highest priced land sale in the US that year. (Video) Bill Gates Becomes Biggest U.S. 2023 Investguiding. But even with his big new agricultural holdings, Gates still doesn't rank in the Top 100 of private landowners overall in the U.S. - when considering owners of land of all types, not just agricultural. The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments. How much money is lost to cyber crime each year? Introduction: My name is Msgr. Arkansas has 18,778,660 acres of forest land representing approximately 56 percent of the total land base: 58 percent of timberland is owned by private landowners. 23. The federal government controls 3,159,486 acres in Arkansas. 28. The Gates Rancho Santa Fe estate was purchased in 2014 because of its horse stables and proximity to a local race horse track. 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. In that same Reddit AMA from 2021, the one where Gates separated his land investments from his sustainability initiatives, he also mentioned the importance of productive seeds to avoid deforestation as well as the production of biofuels, which relies heavily on corn, in the very same answer. Stewart and Lynda Resnick, the founders of the Wonderful Company, own acreage in California and Texas. Reed family: Land area: 1.7 million acres. Bill Gates and his wife Melinda together own 268,984 acres of land, most of it farmland. It starts in North Carolina and then goes to Georgia, Tennessee, Illinois, Missouri, Alabama, Kentucky, and Arkansas. Tried to Drill the Worlds Deepest Hole, Oh Dear, There's a Hole in the Bottom of the Ocean, Death Valley Is the Hottest Place on Earth, There's a New Layer to Earth: An Ancient Ocean. 5. They bought it from the family of Frances Sloan Thomas. by Arkansasconspirator. Many trees and creeks are also nearby, making it a beautiful place to visit. John Malone 2.2 million acres John Malone, who has been nicknamed the Cable Cowboy for his telecommunications ventures, is the single largest landowner in the United States with 2.2 million acres of land. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. arkansas Farmland Prices Over the last 20 years, the price of farmland per acre in arkansas has risen by an average of 5.1% per year to $2,880 per acre as of 2019. Deciding on Type of Land. "The conservation of lands is important," the billionaire said. Shannon Jimenez, DO has been appointed as the new Dean of Arkansas College of Osteopathic Medicine (ARCOM), effective June 1, 2023. Learn more from the Arkansas Rice Federation, UAEX, Arkansas Agriculture Council and Arkansas Farm Bureau. There are 33.2 million acres in Arkansas valued at $224 billion, and plenty of land for the sale in Arkansas is unspoiled forest. Gates and his wife Melinda own a total of 268,984 acres of land, most of which includes the farmland, along with 25,750 acres of transitional land and 1,234 acres of recreational land. Discover more about Arkansas with the articles below. What states does Bill Gates have land in? Save my name, email, and website in this browser for the next time I comment. It was established in 1972 and is one of the few rivers that has never been dammed. This way, they can protect green infrastructure for the people who live in Arkansas now and those who will live there in the future. From landowners like Gates to organizations like the Northwest Arkansas Land Trust, its a team effort. Bill Gates is Americas biggest farmer, his 269000 acres farmland grows potatoes and carrots. Many landowners and managers who are concerned about the environment and wildlife often forget to consider it in their management activities. Try the tool that will help you invest smarter, faster, and better. And its not just the sights that make Arkansas special the people care deeply about their land and its preservation. They own 9.4% of the land for a total of 3.2 million acres, making them the top landowners in Arkansas. Bill Gates now owns the most farmland of anyone in the United States, according to a recent report from The Land Report . Ted Turner, who reportedly owns property in Arkansas, comes up just behind Malone on the USA Today list with 2 million acres. In total, Mr Gates and his wife Melinda own 269,000 acres of land across 19 states, including 69,071 acres in Louisiana and 47,927 acres in Arkansas. Bill Gates is America's biggest farmer with 269000 acres farmland which is visible from space. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999. LITTLE ROCK, Ark. In 2018 Gates reportedly bought about 16,000 acres in his home state of Washington, including a 14,500-acre tract in the Horse Heaven Hills region that was purchased for nearly $171 million from an insurance company that had paid $75million for it in 2010. Theres a lot to see, from its awe-inspiring national parks to its fascinating historical sites. The . Farmland, (Video) REPORT: Bill Gates Is Americas Top Private Farmland Owner, (Video) 0.37 Acres in Crossett City, Arkansas Property ID 7703 - (RECENTLY SOLD! To celebrate the Arkansas Martin Luther King, Jr. Commissions 30th-anniversary milestone, the Arkansas Martin Luther King, Jr. Commission announces the 2023 30th-anniversary Commemoration and Vigil, which will take place at 10 a.m. Wednesday, May 3, at the Arkansas State Capitol The post Arkansas MLK Commission to Host 30th Anniversary Vigil appeared first on AMP. Its 135 miles long and flows through the Ozark Mountains. Enter your email in the box below to get the most mind-blowing animal stories and videos delivered directly to your inbox every day. The grants help the farmers produce more food and make more money. 10. This acreage accounts for 17.8 percent of the familys total land holdings. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. 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.'. 47,927 acres. Estate in Indian Wells, California: $12.5 Million. This means that natural areas are being used quickly, resulting in the breakup of important ecosystems. The average person has nothing in common with mega-landowners like Bill Gates or Ted Turner. The Emmerson family owns and operates Sierra Pacific Industries, a company that logs usable lumber after forest fires and sells it to lumber retailers. Privacy Policy. The nonprofit Northwest Arkansas Land Trust (NWALT) recently began managing the Siloam Springs preservation. These purchases are also a direct result of their daughters equestrian career hopes because of Wellingtons close proximity to the Palm Beach International Equestrian Center. At their farm they do a little bit of everything, including tile, ditching, and excavation. Gates' firm, Red River Trust, purchased $13.5 million worth of land in two counties from wealthy northeastern North Dakota potato growers Campbell Farms. Having founded the software giant Microsoft along with Paul Allen, Bill Gates eventually sold away much of his stakes in the company retaining just 1% of the shares and investing the rest in stocks and other assets. Cookie Notice In total, Bill and Melinda Gates have acquired land in more than a dozen states. In addition to recreational opportunities such as hiking and camping, these public lands in Arkansas are also important for their ecological and cultural significance. He now holds the title of the largest landlord in the US, surpassing Ted Turner, with a total of 2.2 million acres of crops, ranch property, and woodland. Bill Gates (age 65), the billionaire founder of Microsoft Corporation, largest land holdings are in Louisiana, Arkansas, Arizona, and Nebraska, owning 268,984 acres of land of all kinds. Evaluate the surrounding areas. However, his largest land holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres), Nebraska (20,588 acres), Arizona (25,750 acres) and Washington state (16,097). The company also runs sawmills in Dierks and timberlands across the state. Bill Gates, whose house in the Medina area of Seattle is pictured, has built up a diverse property portfolio over the years. In total, Bill Gates owns nearly 270,000 acres of farmland in the United States. . The main agency responsible for this land is the Forest Service, which owns 82.1% of all federally owned land in Arkansas. John MaloneThe largest landowners in the United States are John Malone, the Emmerson Family, Ted Turner, the Reed Family, and Stan Kroenke. While that . How much is an acre of farmland in Arkansas? Arkansas Federal Credit Union recently hired Sultan Ali as a vice president of retail operations for the northwest Arkansas market. This has us Arkansans wondering. 1 overall pick and where will QBs Bryce Young and C.J. Obstetricians & Gynecologists $244,290 What, a 2%. Michael Larson runs the Washington-based asset manager, as well as supervising the Bill and Melinda. Who is the largest landowner in the United States? Roughly 50% of the land in the Western United States is owned by the U.S. government. Most of his land is located in Georgia, New Mexico, Nebraska and South Dakota. The cofounder of Bill & Melinda Gates Foundation, Bill Gates has a net worth of $117 billion. Dierks Forest was one of their wisest purchases back in 1969. Speaking of a hedge against inflation, did you know that you can invest as little as $100 into rental properties to earn passive income and build long-term wealth? Which region in Arkansas is best for farming? All rights reserved. Dr. Alan Busacca, professor emeritus at Washington State University, told Land Report at the time that the fertile land in the area was used for growing 'apples, cherries, carrots, dryland and irrigated wheat, and row and field crops'. Watch on. Xanadu 2.0 in Medina, Washington: Estimated $140-170 Million, Source: Steve Ringman / The Seattle Times. Thousands of Arkansas state employees will receive a 2% cost-of-living wage and salary adjustment, a raise the states governor says is necessary because, Yearly Imports In 2021 the top import origins of Arkansas were China ($3.34B), Canada ($1.07B), Mexico ($841M), France ($807M), and Vietnam ($529M). Here are the 4 largest landowners in the state of Arkansas: Arkansas has many wonders! The battlefield is 4,300 acres and is one of Americas most intact Civil War battlefields. As an Amazon Associate I earn from qualifying purchases. Bill Gates just bought 2,100 acres of farmland in North Dakota, adding to the 270,000 acres he inexplicably owns throughout the US China also just bought 300 acres there, adding to the 192,000 acres of US Soil in their portfolio and no one seems to care Why do we allow this?