When you hear the name Bill Gates, what comes to your mind? Founder of Microsoft, billionaire, philanthropist … What about a farmer?
It turns out that one of the richest people in the world owns 224,000 acres of farm land in 18 states. Some of his biggest acquisitions include 69,071 acres in Louisiana, 47,927 acres in Arkansas and 25,750 acres in Arizona. Recently, Gates, through his land investment holding Cascade Investment LLC, bought 14,500 acres of land in Washington state for $ 171 million.
Gates has some agricultural experience. In 2008, the Bill & Melinda Gates Foundation announced $ 306 million in grants to help farmers in Central Africa and South Asia. He has also invested in breeding crops that can withstand climate change. How Gates’ land property is used in the United States is not entirely clear.
Although Gates owns the largest cropland in the United States in terms of total land tenure, he was surpassed by Liberty Media Corporation President John Malone, who owns 2.3 million acres of large ranches and woodlands.
And a little more farmer …