In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm. Nous, Yahoo, faisons partie de la famille de marques Yahoo. According to 2021 article from the Land Report, a magazine about land ownership, Gates owns approximately 242,000 . (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. In his Reddit AMA last year, one user said, "What do you plan to do with all the farmland you have purchased? One answer might surprise you: While trying to track down who recently purchased 14,500 acres of choice farmland in Washington state's Columbia River Basin, researchers at The Land Report discovered the new owner was Microsoft co-founder Bill Gates. 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. Deploying high-yield . Groups of 15 to 25 smallholders are also being encouraged to form collectives. Less rain will be a major factor. ET First Published: March 10, 2021 at 8: . 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. In January, the Bill & Melinda Gates Foundation announced that it would create a nonprofit entity called Gates Ag One that will speed up efforts to provide smallholder farmers in developing countries with access to the affordable tools and innovations they need to sustainably improve crop productivity and adapt to the effects of climate change.. Stay up to date with what you want to know. Total acreage for Bill Gates: Well over 270,000 acres. Sales of more than a thousand acres are blue-moon events, OKeefe noted, so this one stood out. In a new report, GRAIN analyses all the food and agriculture grants the foundation has made up until 2020, and reveals that while the Foundation allegedly prioritises African farmers, the vast majority of its funding actually goes to groups in North America and Europe. But a Gates spokesperson said in a statement on Friday that the claim that hes bought the majority of the nations farmland is false, pointing to a U.S. Department of Agriculture report from February that showed there were more than 895 million total acres of farmland in the country last year. What is the Venus-Jupiter conjunction and how can you view it? It was the highest priced land sale in the US that year. The agriculture sector is important, he wrote. And the Bill and Melinda Gates Foundation recently launched a new division known as Gates Ag One. On average their farms yields have doubled (see chart below). *According to figures compiled by The Land Report in 2019. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". Bill Gates, whose house in the Medina area of Seattle is pictured, has built up a diverse property portfolio over the years. THE FACTS: As Elon Musks bid to purchase Twitter has grabbed headlines in recent days, some prominent voices have taken to social media to claim that some other significant acquisitions by deep-pocketed individuals and corporations have largely flown under the radar. The couple also snapped up an oceanfront home in San Diego County, California, last year, for a record making $43 million. The Microsoft cofounder and philanthropist Bill Gates owns 242,000 acres of farmland in the US, making him the largest private-farmland owner, an analysis by The Land Report found in January. The commitment is a ten-fold increase from the foundation's . In the words of Bill Gates, 3 billion people need to die. Some partners in the Arizona project issued a press release touting plans to build a forward-thinking community that embraces cutting-edge technology. There was talk of high-speed digital networks and autonomous logistics hubs. That was all it took for many in the media to conclude that Gates was personally engineering the city of the future. While that is . En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. The Land Report reference came out in winter 2021, after which controversies circulated about Gates' accumulation of American farmland. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. Those people are upset, but there are others that are just livid about this.. North Dakota Farmland Purchase. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes, according to real estate firm RedFin. Introduction. North Dakota Agriculture Commissioner Doug Goehring told KFYR that public reaction to the purchase has been largely negative. The arrangement is simple, The Wall Street Journal wrote in a 2014 profile. Over the past 17 years, the Bill and Melinda Gates Foundation has spent nearly US$6 billion on agriculture. Renmatix has developed a process that converts plant waste and biomass into sugars that can be converted into biofuels and bio versions of chemicals.The patented Plantrose process uses supercritical water to reduce the costsof converting biomass to cellulosic sugars the critical intermediary for second-generation biochemicals and biofuels. It was previously owned by Agriculture Company of America, a real estate investment trust acquired by CPPIB in 2013. By the end of this century there will be 4 billion more people on Earth - and 3 billion of these extra souls . But, Gates may not be the largest private-farmland owner for much longer. Gates owns over 242,000 . The trustee of Red River Trust is Peter Headley, who identifies himself on his LinkedIn page as head of agriculture investment management at Investment Management Co. A 2020 article by NFU Mutual Charitable Trust claimed that Headley once headed an entity called Cottonwood, which was described as an ag-investment platform for Bill and Melinda Gates. The massive land grab by Gates last year gave the tech magnate his first appearance on The Land Report, a magazine that "provides news, information, and . But many farmers lease at least some of the land they cultivate. There were 895.3 million acres of farmland in America in 2021, according to a 2022 reportfrom the Department of Agriculture. That can mean better yields with decreased use of fertilizers and pesticides. A new report from AGRA says climate change could increase the number of malnourished people in sub-Saharan Africa from 223 million today to 355 million in 2050. This parcel apparently makes up the bulk of the billionaire couples farmland holdings. Banda is one of 1.75 million African smallholder farmers, 40 per cent of them women, enrolled in a $180-million five-year programme run by the Alliance for a Green Revolution in Africa. Since it works as an investment for him, it also includes the benefits of using land as an . Its goal is to help eliminate the need for animals from the meat supply by 2035, but its products rely on GMOs and heavy use of herbicides and pesticides. Part of the Daily Mail, The Mail on Sunday & Metro Media Group. Berkshire Hathaway is one of the largest companies in the S&P 500, with a market value of $522.43 billion. Access your favorite topics in a personalized feed while you're on the go. At least thats what the developers partnered with Gates investment group have promised. Oscar Cainer tells all. Three-quarters of them live in South Asia and sub-Saharan Africa. That immediately set off alarm bells, OKeefe says. A new report from AGRA says climate change could increase the number of malnourished people in sub-Saharan Africa from 223 million today to 355 million in 2050. That removes a major way for actual farm operators to . Working closely with the World Health . With $22 million in . Larson sees to it that Gates wealth is sensibly, even conservatively, invested. Impossible Foods makes plant-based protein that can be fashioned into burgers. Another is the possibility of cost competitive biofuels. It isless than .1% of all US farmland because the ownership is so diverse. The Bill and Melinda Gates Foundation was launched in 2000 and has $46.8 billion in assets (December 2018). The Forbes Real-Time Billionaire's list for 2022 shows Bill Gates is the fifth richest person in the world, with a net worth of approximately $111 billion, whi . AGRAs aim, helping small farmers become professional, is backed by the United Nations Food and Agriculture Organization. The 65-year-old responded by declaring his . Gear-obsessed editors choose every product we review. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. The new green economy will mean new opportunities for land owners, OKeefe believes. Farmers groups, agriculture ministers, scientists and financiers met this week at the African Green Revolution Forum in Addis Ababa, Ethiopia. As the Land Report notes, 24,800 acres of the land is transitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the most populous city in Arizona. The threat of climate change means smallholders must keep adapting if they are to survive and prosper, says Guei. In a 2020 blog post, he wrote, "The rich should pay more than they currently do, and that includes Melinda and me.". They give farmers more bargaining power and allows them to jointly fund communal assets, such as secure storehouses. That means Gates, whose net worth is estimated at some $134 billion. In six years that number has more than doubled. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. The dealers also supply the seeds for legumes like soybeans and pigeon peas, which make their own fertiliser from nitrogen in the air, via bacteria in their root nodules. the Land Report published. .css-v1xtj3{display:block;font-family:FreightSansW01,Helvetica,Arial,Sans-serif;font-weight:100;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-v1xtj3:hover{color:link-hover;}}@media(max-width: 48rem){.css-v1xtj3{font-size:1.1387rem;line-height:1.2;margin-bottom:1rem;margin-top:0.625rem;}}@media(min-width: 40.625rem){.css-v1xtj3{line-height:1.2;}}@media(min-width: 48rem){.css-v1xtj3{font-size:1.18581rem;line-height:1.2;margin-bottom:0.5rem;margin-top:0rem;}}@media(min-width: 64rem){.css-v1xtj3{font-size:1.23488rem;line-height:1.2;margin-top:0.9375rem;}}Particle Accelerator Reveals Beginning of Time, Earth's Inner Core Has Another Inner Core, 8 Questions About Turkey With an Earthquake Expert, Conspiracy: Blaming Weather Weapons for Earthquake, Scientists Just Discovered a Literal Hell, How the NFL Grew the Field for Super Bowl LVII, The Doomsday Clock Is at 90 Seconds to Midnight, Uh, Earth's Inner Core Just Stopped Spinning, Supercomputer: 27% of Earth's Life Dead by 2100, 20 Weird Facts About Our Lovable Planet Earth. 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