Bill Gates now Americas biggest private farmland owner – Business Insider

Runners up in the rankings were the Offutt family, who have a long history in farming going back to 1964, and own 190,000 acres.Stewart and Lynda Resnick, co-founders of investment company The Wonderful Company, also own 190,000 acres of farmland in the US, which assists produce the goods for their brand names Wonderful Pistachios, POM Wonderful, and Wonderful Halos mandarins.Although Gates is Americas leading farmland owner, he is far from the biggest landowner. The Land Reports list of 100 biggest United States landowners in 2019 put billionaire benefactor, business person, and landowner John Malone in the primary area, with 2.2 million acres of land.

Find out more: 32 books Bill Gates believes everyone ought to check out if they wish to get smarter about service, viewpoint, and scienceMost of the farmland that Gates owns in Arizona is being changed into a new suburban area with 80,000 houses, 3,400 acres of open space, and 470 acres for schools, with the help of Cascade Investment, the Arizona Republic reported in 2017. Gates ownership of masses of farmland isnt totally unexpected. In 2017, the Bill and Melinda Gates Foundation promised $300 million over three years to support research study that will help low-income farmers in Asia and Africa adapt to environment change.The following year, Gates Foundation revealed it would invest $40 million in research to breed chickens that lay better-quality eggs and cows that produce more milk for farms in South Asia and Africa.

Costs Gates owns more personal farmland in the US than anyone else, new research study suggests.
His 242,000 acres of farmland extends throughout 18 states from Washington to Florida, according to The Land Report.
In 2nd location are the co-founders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres.
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Microsoft cofounder and philanthropist Bill Gates owns 242,000 acres of farmland in the United States– making him the largest personal farmland owner nationwide, according to a national survey.Gates, whose net worth of nearly $121 billion makes him the worlds fourth-richest individual, and his spouse Melinda Gates hold an extensive farmland portfolio extending over 18 states, according to The Land Report.The Gates households most significant holdings remain in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588 acres). The farmland is held both straight and through Cascade Investments, a company managed by Gates to handle his investments, according to The Land Reports research.

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