Bill Gates is the largest owner of private farmland in U.S.
For many investors, agricultural land was not in their investment portfolio until the beginning of 2021, when several U.S. media revealed that the largest owner of agricultural land was Bill Gates. Despite being more recognized in the computer world as the founder of Microsoft or by his foundation, Bill Gates has quietly bought since the last 10 years, 269,000 acres of land, of which 242,000 are for agriculture; expressed in another way these 242,000 acres are equivalent to 378 square miles. To get an idea, the land area of New York City is 302 square miles. So it’s like Bill Gates owning more land than the entire city of New York. These acquisitions are not concentrated in a single territory but he has bought land in 19 states across the United States. But the question is what is Bill Gates’ interest in accumulating so much farmland to the point of becoming the largest landowner in the United States?
Some sources:
- A Case Study of How Foreign Workers Help American
Farms Grow Crops:
- Bill Gates: America’s Top Farmland Owner:
#globaleconomy #billgates
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