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
44 Comments
He is buying up farmland bc he is pure EVIL!!!! HE WANTS TO BE IN CONTROLL OF THE FOOD SUPPLY OF AMERICA!!! I CAN NOT STAND THIS MAN ALONG WITH EVERY MEMBER OF THE WORLD ECONOMIC FORUM!!!! SENATOR PERRY WE NEED TO PASS YOUR LEGISLATION ON DOVOS (SP?) !!!!!!!! DO IT FAST!!!! SOROS, BAZOS, SCHWAB, KING CHARLES, ZUCKERBURG, ECT. THESE PEOPLE ARE JUST A FEW OF THE EVIL MEMBERS!!! LOOK UP THEIR WEBSITE AND READ THIER GOALS!!! THEY DON'T EVEN HIDE IT!!!!!
Another reason, possibly so they can put those Bunkers I just saw theyre building in the center of millions of acres and have very few people nearby. Just thinking out loud.
We know why the lizard person Bill Gates is buying up farmland. He is part of the cabal to destroy the US.
So he's buying it out of greed and selfishness? We already know that's what drives him
comment section restoring faith
I saw something they are forcing Amish people to use GMO seeds and they refused to and they got in trouble?
You will realise 25 years down the line why they are investing here
Legal
He's buying up the countries farm land so he can control our food supply and make us eat GMO. F U Bill Gates.
Monoply. Antitrust. Control. Globalization. Pedo.
it's not for the good of people, and these rich men have a plan ? they want to control how much food all people get or not get, Control the food production and You Control the people. This should not be allowed, God help Us All
The new farmer will wear a suit and tie, or lab coat. Farming is going indoors and up where climate can be controlled, as well as the insects. The Netherlands is doing incredible work in the area of greenhouses and is one of the world’s biggest vegetable exporters.
If they're buyingland why are there so many warehouses going up
This just proof that the richest plans and manipulate, our lifestyle, they know what's going to happen, cause they planned.
Wake up people!
U rich will die
Simply put. To starve the poor. If this evil wanted to end poverty, he would have long ago.
I thought these types of Monopolies were Illegal? So much for enforcement of Anti-Trust Laws.1 Person owning all the OIl ?? Or one company owning all the telephones?
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it
he is buying water rights, US law states he who owns the land owns the water rights, why hasn't anyone put two and two together especially when you see the forecasted drought and real time problems that coke and intel are lining up to experience and good old Bill will be there to sell them what they need at nicely inflated prices
1:25 – Stop voting Democrat, then.
He will lose all of it, Lord will step in, we are his people, and he loves us
Hooray bill gates face has a photo op today,I hope he is happy about it!
gates ill gotten Gains jab the citizens of the world $$$$$$$
So he can control our food supply!
So he can stop food production, to starve off the masses ,that didnt die from his plandemic
Lmfao soilent green
match khelunga
i will do everything i can
money and character is totally different things and both have their own values
i will not going to do that for me
i think agriculture sector in future may be very strong
The stages of one world domination, one government through hunger?? Hidden oil? A new energy?? , a new city??
The fact he was "allowed" to do this (in spite of existing laws to prevent this) is a clear indication of how corrupt our government (& agencies) have become.
And people are stupid enough to believe that he's not going to force a food shortage??? Really? You're kidding me right!
Sigh.
beautiful girl+huge money+characterless=no value
beautiful girl+no money+good character=some value
beautiful girl+huge money+ strong character= perfect value
B.G. Erm to breed crickets, perhaps locusts or other bugs?
To turn farm land into green spaces, these rich people want to get rid of people by starving them to death
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
The Reason he says, "He's a Philanthropist, Now." Is because He Knows those Russians know more than him.
He used to be Microsoft Windows when My Father used to make Windows & NT 3.1. His God told him not to use Dearth Vader's Technology. He still did because his Russian Brothers want to Replace him.
When the Borg Cloned Windows 95 and NT 3.51, he gave that to the Russians. He wants the Russians to be on top and his God is helping those Russians the Reason they know more than him.
If you go to Other parts of the World, he won't be Bill Gates Windows. Somebody else would.
He and cronies have created food shortage…burn thier homes and businesses next peaceful protest…
It's his money and he can buy anything he want.I don't see any problem.That's how democratic value works.
So he can control the food and force us to eat his fake ass food
Psychopath.
45,000 likes and I can't see a single positive comment. CNBC is clearly using bots to pretend people like its failing output. Pure Soviet Union.
Revolution now