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Your membership is the foundation of our sustainability and resilience. While the Gates' own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. The Gates Foundation has seen steady success and growth since their launch, funding science, research, agriculture and education. Chinas American agricultural land holdings have increased over tenfold in the last decade, and at the beginning of 2020, investments from China held $2 billion of American agricultural land. NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money, his close friend and Berkshire Hathaway CEO, Warren Buffett, he'll sell what he owns as money goes towards the foundation. The North Dakota attorney general's office recently inquired into a 2,100-acre farmland purchase by Red River Trust, an entity affiliated with Bill Gates. Today, Bill Gates owns 242,000 acres of farmland in 19 states. Bill Gates currently owns over 268,000 acres of American farmland spread out over 19 states. Please let us know if you're having issues with commenting. Document shows Rebekah Jones demonstrated a violation of Floridas Whistleblower Act. Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. Roman Catholic Church: 70 million hectares The largest landowner in the world is not a major oil magnate or a real estate investor. It has been very fulfilling for me and is my full time job," Gates continued. Nancy Pelosi (purchased) 10,000 shares of Amgen, manufacturer of Nplate, a drug used to treat radiation sickness.. The other major crops oats and forages are mostly fed to livestock on farms in the area. Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions, such as the business purpose exception, so that we may close this case and file it in our inactive files, the letter added. Satellites are on balloons and not in space.. While Microsoft took a major hit in the tech crash of 2000, Bill Gates portfolio with Cascade would gain around 40% return in that same year. Social media post scrambles the facts on high egg prices, Gateway Pundit, "Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage," Jan. 24, 2023, PolitiFact, "What Bill Gates has to do with livestock, lab-grown meat," May 18, 2020, PolitiFact, "Eggflation? These claims are not true. Who is the largest landowner in the world? Agriculture and the National Bureau of Agricultural Statistics, in the United States there are 362,315,055 hectares of farmland. China has steadily accumulated U.S. Treasury securities over the last few decades. Oct 22, 2014. Perhaps Bill Gates is looking to test out his GMO seeds. So, what's the interest in farmland? Gates owns roughly 275,000 acres of farmland in the US, according to the 2022 edition of the Land Report 100, a yearly survey of the biggest landowners in the country. BlackRock is a shareholder in both companies (here) (here). Donald Trump is back on Twitter, thanks to Elon Musk. 28. Farmland in am. Stay up to date with what you want to know. I had heard this in the past, but didn't give it much thought. It has also funded myriad research facilities and humanitarian operations, focusing on overcoming diseases, climate change, agricultural research, and health and nutrition in underdeveloped areas. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. North Dakotans are outraged as Bill Gates, the largest private farmland owner in the US, apparently buys a $13.5 million potato farm Dominick Reuter Jun 24, 2022, 8:13 AM Leon Neal/Getty. Bill Gates purchase of a large patch of land in North Dakota has sparked fury and conspiracy theories on social media after the Microsoft billionaire secured legal approval to purchase the 2,100 acres of farmland in the state last week. Is Gladstone Land Corp (LAND) A Good Investment? While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. An ingredient in some of Chick-fil-As dipping sauces can cause serious health problems. This is especially helpful if, say, the stock market crashed, and you had a more aggressive stock portfolio (or any large stake in stock at all). One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. Are you ready for alternative proteins made from a volcanic microbe? Theres a lot of little benefits that stack up when talking about farmland, but the biggest is likely the fact that farmland returns historically out performs most other investment vehicles, and is also comparatively the least volatile asset among the bunch. Stay up to date with what you want to know. While private companies and corporations are increasing . A Grimmway Farms employee moves a water pipe at one of their carrot farms in the Antelope Valley. Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? Bill Gates does not own the majority of U.S. farmland. What Land Does Bill Gates Own In Michigan? In 2018, Michigan produced 297 million bushels of corn grain, worth $1 billion. Michigan. Why doesnt everyone just invest in farmland then? Why Bill Gates Is Investing Big Time In Farmland Across Washington And The Country - Northwest Public Broadcasting About Contact Us Coverage Area Our Staff Work With Us Report an Outage Station News Latest Station News Connect Archives Our Stories Download NWPB App TV Schedules Channel Guide Online Schedules Download Schedules Local Programs Farmland Riches, LLC and the owners may have investments in companies represented on the AcreTrader platform. Sign up for notifications from Insider! That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for. This, combined with holiday demand and continued coronavirus pandemic-related supply-chain pressures, have affected the market. Read next:Bezos-Backed Startup Lets You Become A Landlord With $100. Any why now after years of massive success? District of Columbia Gates-affiliated ownership covers vast swaths of farm and timberland, estimated to be 69,071 acres in all by niche land ownership publication The Land Report. 2 min read Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all. The counties with the most total acres of foreign-owned ag land are Keweenaw, Baraga and Alger. His largest holding is in Louisiana (69,071 acres), followed by Arkansas (47,927 acres) and Arizona (25,750 acres). The U.S. Federal Government. But the fact remains, as the Daily Mail notes, Gates computer "nerd" and vaccination enthusiast "has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18 states.". It is reported that Bill Gates owns over 269,000 acres of farmland in over a dozen states, making him the largest farmland owner in America. In their Big Bet, they recognize that the impoverished people stand to be impacted the most by these changes. Bill Gates owns almost as much U.S. agricultural land as China at 248,000 acres, . In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. 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. Oversight. As the Land Report notes, 24,800 acres of the land istransitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the mostpopulous city in Arizona. Gates and his investment team own more than 240,000 acres, as reported by OKeefe, including 2,167 acres in Michigan. Hes also written about the need for more ways to produce meat without depleting environmental resources. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? 2,167 acres. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions.". Essentially, by year 2030, the estimated results of what carbon emissions (and their, Eradicate major diseases such as polio, malaria, and HIV, Reduce child death by half across the developing countries in Africa, Educate and empower small-holder farmers through mobile banking, Featured in the agricultural side of their plan is a strategy for. AcreTrader is one of the most well-established farmland crowdfunding platforms out there. 2021. Oversight," June 15, 2018, The Chicago Tribune, "Chicken nuggets and cream cheese grow in trays in a South Side lab. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. He also reportedly owns about 16,000. Thus, in Gates mind, its extremely important to help empower these developing peoples before that year comes to fruition. The mogul's holdings include large tracts in Illinois, Iowa, Louisiana, California, and about a dozen other states. F' off Gates! Don't miss real-time alerts on your stocks - join Benzinga Pro for free! This position in Microsoft was quickly funneled by Cascade Investment into this long term growth strategy. Who knows. Climate Connection. The Detroit Land Bank Authority (DLBA) is a public authority that owns and manages approximately 100,000 parcels of property in the City of Detroit making it the citys largest landowner.Detroit Land Bank Authority. Gates owns almost 9,000 acres in Ohio, just over 9,000 acres in Indiana, nearly 18,000 in Illinois, but only 552 acres in Iowa. And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. He owns 242,000 acres, which is equivalent to the area of Fannin County GA. You can find his previous stuff at Gizmodo and Paste if you look hard enough. 33701 While private companies and corporations are increasing their ownership of U.S. homes, BlackRock, through its investments, does not own a majority of single-family homes. Microsoft co-founder Bill Gates is America's top private farmland owner. In 2000, the new Gates foundation launched with Bill, Melinda, and Warren Buffet on the trustee board. Talk about big bets. He has been buying thousands of acres across America. Michigan - 2,167 acres; Mississippi - 16,963 acres; Nebraska - 20,588 acres; New Mexico - 1 acre; North Carolina - 874 . As unfounded rumors related to the cause of a yet-to-happen food crisis circulated online, many people started to point fingers at a favorite target of conspiracy theorists, former Microsoft CEO Bill Gates. Since his divorce, it is unclear how the assets were split up between the couple. Returns from farmland have actually outpaced the stock market in recent years with significantly less volatility. In a statement to Reuters, editor of The Land Report and author of the article published by the outlet on farmland owned by Gates, Eric O Keefe, called the claim absurd.. Here are a few likely reasons why Bill Gates is scooping up farmland: Whatever you may think about the man himself, he has consistently made investing choices that brought him unusual and incredible returns, and this has brought him great wealth when others made the wrong fiscal moves, and lost much. Bill Gates is Americas biggest farmer, his 269000 acres farmland grows potatoes and carrots. In fact, he reportedly owns more farmland than any other individual in America. Featured in the agricultural side of their plan is a strategy for subsistence farmers and other small-acre farms in Africa and the developing world education, resources, and layaway payment plans which can be used through smartphones. According to a 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, there are 895,300,000 acres of farmland in the United States. He recently tried to explain why, and it was a little hard to follow. He has also been aproponent of chicken farming. Valuations of equities (stocks) are at all time highs, similar to the dot-com bubble. - Farmland Riches where is bill gates' farmland in michigan. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. No one but Bill Gates knows that answer. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. a Reddit user asked. Gates farmland now totals 242,000 acres. In fact, he reportedly owns more farmland than any other individual in America. 727-821-9494. stated on January 22, 2023 in an Instagram post: The U.S. chicken and egg shortage is linked to Bill Gates. These states include: Arizona - 25,750 acres; Arkansas - 47,927 acres . We invest in the farms to raise productivity. Photo of electric charging station powered by diesel generator is emblematic of the electric vehicle movement. Reuters traced the figure cited by social media posts as the number of acres owned by Bill Gates to The Land Report, which reports on major land ownership in the United States. Why? The Guardian, 5 Apr. The old saying about land is they aren't making any more of it. Supply and demand? Ive gotten a big earful on this from clear across the state, its not even from that neighborhood, said Goehring. Using those figures, Gates would own about 0.027% of U.S. farmland. The agriculture sector is important. According to Redfin, single-family housing represented over 70% of the properties purchased by investors in the third quarter of 2021 (here). We may earn commission if you buy from a link. Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. .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;}}60 Scientists Are Trying to Block the Sun, 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. Mr. Gates owns about 97,934 hectares, accounting for about 0.03% of . That purchase of Plum Creek makes Weyerhaeuser the largest private landowner in Michigan, as of now. How Long Can You Be Held Without Bond In Michigan? Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. as well as other partner offers and accept our. According to OKeefe, Gates isnt the only one making moves on the farmland market, especially as farm real estate values nationwide increased 7% from 2020 to $3,390 per acre. At the turn of this century, Chinese owners owned about 192,000 acres of farmland in the U.S., according to the USDA. researchers warned about the potential risk of a global food shortage, currently no nationwide food shortages in the United States, the number of fires was not extraordinary, the causes of the fires were not unusual, and the damage caused by the fires was minimal, 2021 report from the United States Department of Agriculture and the National Agriculture Statistics Service, you'd cover an area about a quarter the size of Rhode Island, Gates was putting microchips into vaccines, Gates had input tracking devices into vaccines, vaccinations as a way to depopulate the planet. Breitbart News previously reported that Gates is Americas largest private owner of farmland. Check out current deals on AcreTrader now! It is not connected to climate. Thats because the old adage goes: Buy landthey arent making it anymore. (Which volcanologists know isnt exactly true, but you get the idea). 54. Social media post scrambles the facts on high egg prices," Jan. 13, 2023, Various searches on Google and Nexis, accessed Jan. 24, 2023, The Land Report, "Farmer Bill," Jan. 11, 2021, The Land Report, "Bill Gates is About to Change the Way America Farms," Winter 2020 magazine issue, The Land Report 100, Winter 2021 magazine issue, The Land Report 100, Winter 2022 magazine issue, Email exchange, Eric OKeefe, editor, The Land Report, Jan. 23, 2023, Email exchange, Gates Ventures, Jan. 24, 2023, GatesNotes, "Future of food," March 18, 2013, GatesNotes, "What the plow and lab-grown meat tell us about innovation," Feb. 27, 2019, GatesNotes, "Is there enough meat for everyone?," April 21, 2015, GatesNotes, "Why I would raise chickens," June 7, 2016, U.S. Bureau of Labor Statistics, "Consumer Price Index," Jan. 12, 2023, U.S. Department of Agriculture, "Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022," Jan. 11, 2023, U.S. Department of Agriculture, "2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks," Jan. 18, 2023, U.S. Department of Agriculture, "Avian Influenza," Jan. 18, 2023, U.S. Department of Agriculture, "Farms and Land in Farms, 2021 Summary," February 2022, Reddit, Bill Gates Ask Me Anything, March 19, 2021, Bill & Melinda Gates Foundation, "Agricultural Development," accessed Jan. 24, 2023, Associated Press, "Bill Gates owns a lot of American farmland, but not the majority," May 2, 2022, Vox, "The controversy over Bill Gates becoming the largest private farmland owner in the US," June 11, 2021, NBC News, "McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland," June 8, 2021, Reuters, "Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses," May 5, 2022, CNBC, "Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future," March 23, 2018, CNBC, "Bill Gates bets on growing demand for sustainable foods," May 14, 2015, Bloomberg News, "Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. Over time, Gates sold personal stock in Microsoft and reinvested it through Cascade Investment. 801 3rd St. S Data gathered by The Land Report and NBC News show that their land holdings range from 70,000 acres in north Louisiana, where their farmland grows soybeans, corn, cotton and rice, to 20,000 acres . Farmland as an investment offers low volatility. Farmland is what is known as an alternative asset an investment that can grow wealth outside of the stock market. This is a sponsored promotion for the AcreTrader platform. . Microsoft founder and billionaire turned philanthropist Bill Gates recently laid the long-time conspiracy theory that he owns some 80% of all U.S. farmland to rest in . The billionaire philanthropist Bill Gates, America's largest farmland owner, apparently bought a potato farm in North Dakota, and local residents aren't too happy about it. Many people wonder why Bill Gates would make these moves with his investment portfolio. Nov 14, 2022. Well, as with everything in life, there is always a trade-off especially in finance. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. Heres why. By 2019, the USDA says foreign ownership of U.S. acres exceeded 35.2 million acres, a 60 percent increase from the decade prior. 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. Other factors are pandemic-related supply chain issues andholiday demand. What they are doing locking up land, not just private land, but in Wilderness Areas, National anything to do with land, Conservation programs that literally pay farmers, dairymen, etc. Similar to private equity firms destabilizing the housing market, millionaires and billionaires investing in farmland are also creating their own set of issues, as they are now pricing out young farmers looking to buy land. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Contacted by Reuters, a BlackRock spokesperson said: BlackRock is not buying single-family homes and is not competing with individuals to purchase houses in America.. Click here to view current offerings on AcreTrader! According to Mother Jones, the average price of farmland increased six times from 1940 to 2015, and the trend is likely to continue as the amount of arable land in the U.S. continues to shrink from climate-related pressures. Hearst Magazine Media, Inc. All Rights Reserved. That's a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. 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. In Washington, the duo owns more than 14,000 acres of farmland that includes potato . In a March 2021 "Ask Me Anything" session on Reddit, Gates was asked why he had purchased so much farmland. Northern Kansas land sale averages $3,500 per acre. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. Over the last decade, Bill Gates has invested in multiple companies, including Beyond Meat and Impossible Foods, that develop plant-based meat alternatives. As of October 2021, the Asian nation owns $1.065 trillion, or about 3.68%, of the $28.9 trillion U.S. national debt, which is more than any other foreign country except Japan. Who owns the most land in the world 2021? By clicking Sign up, you agree to receive marketing emails from Insider The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. With over 242,000 acres of farmland, Bill Gates is America's biggest farmland owner, and his ownership may be connected to climate change and plant-based meat substitutes. Gates does not own anywhere close to the majority of America's farmland. Hint, It's Not Bill Gates, Bezos-Backed Startup Lets You Become A Landlord With $100, Try the tool that will help you invest smarter, faster, and better, Bill Gates Finally Explains Why He's Buying So Much U.S. 2022. Check out:How To Invest In Real Estate With $100. "Those people are upset, but there are others that are just livid about this.". What does Weyerhaeuser have to do with Michigan? Bill Gates and conspiracy theories go together like peanut butter and jelly. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. 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 (20,588. Since it works as an investment for him, it also includes the benefits of using land as an . On social media, we found people claiming, for example, that Gates owns the "majority" of U.S. farmland -- 80%, they claimed -- and that Gates is trying to buy up "all" of the farmland. Sign up for notifications from Insider! AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. This material may not be reproduced without permission. By clicking Sign up, you agree to receive marketing emails from Insider How Many Hours Is It From Detroit To Michigan? #1. The Gates Foundation isnt the entity utilizing the land, but rather just Bills family office. Zu den grten Gates-Unternehmen zhlen etwa Betriebe mit 27.952 Hektar in Louisiana, 19.395 Hektar in Arkansas, 10.420 Hektar in Arizona, 8.331 Hektar in Nebraska und 6.514 Hektar im Bundesstaat. With her 6.6 billion acres, Elizabeth II is far and away the worlds 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. 3. The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. 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 . According to O'Keefe, Gates isn't the only one making moves on the farmland market, especially as farm real estate value s nationwide increased 7% from 2020 to $3,390 per acre. While the global climate change initiative is trying to reduce total emissions by the year 2050, the year 2030 is also important. Access your favorite topics in a personalized feed while you're on the go. According to the Tri-City Herald, a 14,500-acre swath of choice eastern Washington farmland in the Horse Heaven Hills of Benton County had just traded hands for almost $171 million. Some are near cities and might end up having other uses.". Breitbart News reporter Alana Mastrangelo wrote: Gates is now Americas largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according tothe Land Report. An entity linked to billionaire Bill Gates has reportedly purchased 2,100 acres of potato farmland in northern North Dakota angering local residents. stated on February 13, 2023 in a Facebook post, Gates investments in plant-based meat and farmland. Bill Gates does not own the majority of U.S. farmland. In 1999, Cascade Investment made an interesting decision: Gates sold over 7 million personal Microsoft shares to further diversify his portfolio. Other examples can be seen (here), (here). But unlike those men, Gilbert has plans to redevelop his properties and not just sit on them. Suggests virologists death is linked to COVID-19 vaccines. Try the tool that will help you invest smarter, faster, and better. stated on February 26, 2023 a video on Facebook: stated on February 15, 2023 a photo on Facebook: stated on January 29, 2023 a video on Facebook: stated on February 5, 2023 an Instagram post: stated on January 27, 2023 a video on Facebook: stated on January 22, 2023 an Instagram post: stated on January 16, 2023 a photo on Facebook: stated on January 12, 2023 a photo on Facebook: stated on November 6, 2022 an Instagram post: stated on October 26, 2022 a post on Instagram: stated on October 12, 2022 an Instagram post: stated on October 9, 2022 a Facebook post: stated on March 3, 2023 in a Conservative Political Action Conference speech: stated on February 19, 2023 in a Facebook post: stated on February 24, 2023 in an Instagram post: stated on March 2, 2023 in a speech at CPAC: stated on February 25, 2023 in a Facebook post: stated on February 22, 2023 in a Facebook post: stated on February 26, 2023 in an Instagram post: stated on February 27, 2023 in a Facebook post: All Rights Reserved Poynter Institute 2020, a 501(c)(3) nonprofit organization. I have written several articles on postings related to Big Tech, Social Media and Corporations. Bill Gates and his estranged wife Melinda Gates have accumulated more than 269,000 acres of farmland across 18 American states. 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. Not only was he no longer reliant on his own companys success for his own personal wealth, but he set himself up to make even bigger moves in the decades to come. Gates also owned up to the various failures in their initiatives, and admitted that they try their best to leverage the expertise and wisdom from the community leaders present in the areas they aid. Why did he decide to buy in Amish Country? for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant.