Tech
Why Bill Gates Is Buying Up U.S. Farmland
Bill Gates made headlines for becoming the largest private farmland owner in the U.S. But he’s not the only one. Some of the wealthiest landowners including Jeff Bezos, John Malone and Thomas Peterffy are buying up forests, ranches and farmlands across the United States. Why? Watch the video to find out.
Investments in farmland are growing across the country as people, including the ultra-wealthy like Bill Gates, look for new ways to grow their money.
In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. He had accumulated more than 269,000 acres of farmland across 18 states in less than a decade. His farmland grows onions, carrots and even the potatoes that are used to make McDonald’s French fries.
“It’s an asset with increasing value,” American Farmland Trust CEO John Piotti said. “It has great intrinsic value and beyond that, it is a limited resource.”
The U.S. Department of Agriculture estimates that 30% of all farmland is owned by landlords who don’t farm themselves. Buyers often purchase land from farmers who have owned it for decades; many of whom may be asset rich but maybe cash poor.
“The economic realities for them are typical that they’ve spent their life farming,” said Holly Rippon-Butler, land campaign director at the National Young Farmers Coalition. “Their retirement, their equity is all in the land and tied up in selling land.”
Private landowners are also making a profit by utilizing the land in numerous ways. Approximately 39% of the 911 million acres of farmland across the U.S. is rented out to farmers, and 80% of that rented farmland is owned by landlords who don’t farm themselves data from the Agriculture Department shows.
“The young farmers are just as happy to lease the land because whether you are young or old, it’s a business, right?” said Thomas Petterfy, chairman of Interactive Brokers and owner of 581,000 acres.
“You go buy a farm and you put that cash rental lease in place, you’re going to be looking at about 2.5% return on your capital,” Peoples Company President Steve Bruere said.
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Why Bill Gates Is Buying Up U.S. Farmland
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@yaxidu6255
December 19, 2023 at 2:08 pm
Hi Bill, finally dark will go away, and sun will come out. Thank you always support to me and thanks your some employees support me too. hope YOUR PRIVACY SOME THINGS SUCCESS.
@dadylfitzys8880
December 19, 2023 at 2:08 pm
You control the food — or lack of it — you control the oblivious masses.
Go watch that football game!
@user-pd8pt8ly3n
December 19, 2023 at 2:08 pm
Right now avocados that bill gates has in grocery stores have no nutritional value and full of chemicals to last months
@user-pd8pt8ly3n
December 19, 2023 at 2:08 pm
Population control through food shortages or even worse putting chemicals to do mass killings!!!
@user-pd8pt8ly3n
December 19, 2023 at 2:08 pm
Sad!!!!
@user-jc3ms8wt4s
December 19, 2023 at 2:08 pm
Average farmers will be forced to follow the guidelines for planting and fertilizer that the Government is putting in place ultimately will put family farms outta business …and Bill Gates is responsible for this. It is already happening in Europe
@vurujak
December 19, 2023 at 2:08 pm
Owning excessive amount of land should not be even allowed/legal.
@vurujak
December 19, 2023 at 2:08 pm
If someone who has never worked in theyr lifetime can own 275000 acres of land, someone who works full time, should own at least 1/20 of acre, even if theyr job is cleaning toilets. Not even mentioning why the law allows it in the first place.
@user-xn5co6oe1s
December 19, 2023 at 2:08 pm
I was then on Telenor server 063
@Joey-pl7uj
December 19, 2023 at 2:08 pm
Greaseball gates should be very careful.
@anthonydooley3616
December 19, 2023 at 2:08 pm
1.86% is pretty insignificant. America is very big and there are tens of billions of acres of vacant land across this nation. Most counties in the U.S. have small populations in small rural towns where there are few jobs, so land there is very cheap. The U.S. government owns 1/3 of the land, which makes it not available to be privately owned.
@joey8567
December 19, 2023 at 2:08 pm
Not a fan of him but look up the biggest land agriculture owners. Turner family is in top five. Seems like a lot. My main ranch is 14000 acres which is considered small in agriculture. Facts matter as long as it's true. This wasn't looked at. They're not telling just how many acres are there in the US. Too many people here. Bill Gates ain't on this list!!!
https://www.google.com/search?client=ms-android-cricket-us-revc&sca_esv=591310239&sxsrf=AM9HkKmJb5vgahubMEQ29wKSV1gQI3cTTg:1702673396593&q=Top+10+largest+ranch+owners&sa=X&ved=2ahUKEwiBsOPXqJKDAxULhIkEHRmABN8Q1QJ6BAhUEAI&biw=412&bih=780&dpr=1.75
@JoeFarrier-ft3hy
December 19, 2023 at 2:08 pm
❤
@doingtime20
December 19, 2023 at 2:08 pm
How long will we allow an small group of people to own pretty much everything?
Are we really out of the middle ages? Aren't we just serfs with extra steps? We basically live our lives working the land of someone else, whether you are in a city or not.
@Gary-btme
December 19, 2023 at 2:08 pm
Plus, Gates has received billions in government aid. As well…
@user-wd7mi7yi2r
December 19, 2023 at 2:08 pm
Bill Gates has motives to owning this farmland as he is starting companies to produce Fake meat and control what you and I can purchase at the store.
He is creating a monopoly of consumable foods produced in a lab. So he is eliminating the competition! The doings of Bill Gates are evil! Do Not believe him!
@davemcmullen6682
December 19, 2023 at 2:08 pm
Bill Gates is evil.,.COVID criminals…crimes against humanity
@bigbrotherisasob
December 19, 2023 at 2:08 pm
BECAUSE – as Mark Twain once said…… They ain't makin' any more land.
@Mveira-hp4pk
December 19, 2023 at 2:08 pm
No you own it. that's you're stock money. you own it crammed into your little modern town, or apartment. you just don't have room to put it anywhere so he's "managing it." You know that piece of paper they send you that says you have all of this money? that's what all of that land is but he can't fit that in the mailbox. as soon as they figure out how to put it in the mailbox they're going to send it to you.
@waynehornberger9825
December 19, 2023 at 2:08 pm
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor he works for me.
@curlsbyalexa
December 19, 2023 at 2:08 pm
when comes the time to take the mvrk if they own it all then where does that leave space for people who do not want to serve svtvn. People will transition from stvrvation or xyz. But in the end Allah or God or whatever you want to call it will come back to save all. No one owns the land because its very existence came from Allah / God ❤ The best thing you can do is Focus on Solutions. Focus on Allah / God. Focus on your family. Focus on being a good example for the children/ future generations.
@nunnaurbiznez8815
December 19, 2023 at 2:08 pm
In Az, its the Saudis buying and leasing land and undercutting our groundwater which we in the southern counties have worked to bank for drought years. They grow high water use crops and use up the ground water. Investment companies are doing the same with home ownership. If we don't change our laws to stop housing and agricultural monopolies, that top percent that owns 93% of wealth will own everything and we will be paying to rent with no real ownership.
@user-k3uhajiahmedlakdawala
December 19, 2023 at 2:08 pm
You born in New York America original
@mitchbatten8281
December 19, 2023 at 2:08 pm
Gates should be buying cigarettes and extra jump suits.
@RyanSymons
December 19, 2023 at 2:08 pm
How this is legal blows my mind. There's some very vile people in the world who think they are God's. They'll be in for a rude shock when the one true God decides it's enough.
@nomorebsforme
December 19, 2023 at 2:08 pm
RESEARCH YOUR BUYERS DONT BE DESPERATE! THEY HIDE BEHIND SHELL COPORATIONS AND CREATE A SHEILD UNLESS YOU PAY A PROFESSIONAL REALTOR TO GET ALL THE INFO BEFORE YOU COMMIT!
@nomorebsforme
December 19, 2023 at 2:08 pm
STOP SELLING AMERICA TO HIM!
@AP-tw3gz
December 19, 2023 at 2:08 pm
the chinese are buying our land…bill gates is ahead of the game…i would rather americans own it
@slickdarulah8229
December 19, 2023 at 2:08 pm
Since trees reduce carbon, perhaps bill can plant trees on all his acres of land and stop flying his jets and use technology like zoom for his meeting? Maybe
@yautja444
December 19, 2023 at 2:08 pm
THE ELITES WANT TO CONTROL FOOD, ENERGY, WATER ETC….
IF THEY CONTROL IT, THEY CONTROL US!
@Bill0102
December 19, 2023 at 2:08 pm
I'm inspired by the transformative aspect of this content. A book with parallel themes deeply resonated with me. "The Hidden Empire: Inside the Private Worlds of Elite CEOs" by Adam Skylight
@waynehornberger9825
December 19, 2023 at 2:08 pm
Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor he works for me
@dewalashape1224
December 19, 2023 at 2:08 pm
Isnt it more interesting why these people just dont stop and literally take everything without other even having a chance?
@StephenGrover-zc4hp
December 19, 2023 at 2:08 pm
It's all about controlling the food supply. I don't trust Bill Gates as far as I can throw him!😮
@David-ow5ou
December 19, 2023 at 2:08 pm
3 on a cot , 2 left , one wakes and then there is none , take your pick solve this riddle before dec 21
@David-ow5ou
December 19, 2023 at 2:08 pm
Your reasons behind this land buying is greed , greed will set you free , December the 21 , 2023 , will be his last
@fredgibbs7265
December 19, 2023 at 2:08 pm
Gmo food production with Rothschild mineral classification equals Food with no vitamins or minerals and a PERFECT WEAPON! The 95% cull has begun. Call these fkrs out.🇬🇧
@rebeccamd7903
December 19, 2023 at 2:08 pm
It kinda blows my mind that the largest land owner isn’t even American…bad enough indigenous people have to fight for every little piece of land their ancestors called home, we have foreigners coming in and hoarding important lands.
@wildhog7210
December 19, 2023 at 2:08 pm
Yeah, a long time ago, kings owned all the land; we're just going back to that. The rich are getting richer, and the middle class and poor are getting squished.
@johnkimble8506
December 19, 2023 at 2:08 pm
Simple to starve out the no longer need work force .plans never changed. Bored and sick of it .stop thinking you have the answer or you think this or that thats how they control you all you have to do is listen to what they tell you they are doing and why or have told you in the past they stick to the plan .so easy boring and nothing you or anyone else can change or do anything about it the script is there for both sides just depends weather you think you know more than real players and ofcouse weather you see all starting with the mental construct ie your mental prison you and your past generations have keep functioning while the few who constructed it sit back and laugh at the hamster on the wheel. Key take everything from all and take 5% that is repeated in everything lose 95% add all the 5%'s welcome to the real world.