How Many Acres Does Bill Gates Have In Arkansas? Benzinga does not provide investment advice. 1. 47,927 acresToday, Bill Gates owns 242,000 acres of farmland in 19 states. Many trees and creeks are also nearby, making it a beautiful place to visit. 12. Who is the biggest farmer in America? Stroud end up? The merger provides the company with significant advantages. Learn more from the Arkansas Rice Federation, UAEX, Arkansas Agriculture Council and Arkansas Farm Bureau. According to the Tri-City Herald, 14,500 acres of Eastern Washington farmland was recently sold to the couple for almost $171 millionthats nearly $12,000 an acre. Designated Agency: Understand the Difference, 5 Pros and 5 Cons of Homeowners Associations, 10 Tips for Taking Care of Wood Furniture, Inside Bill and Melinda Gates $130B Real Estate Portfolio, Six IKEA Hacks That Will Transform Your Yard. We are no longer accepting comments on this article. The Reps executive artistic director, Will Trice, will move into an executive director position. For five generations, the Reed Family has owned and operated the logging company Green Diamond Resource Co. 19. Is It Illegal To Chain A Dog Up In Arkansas? Why so much land in Arkansas, compared to the other states, Louisiana being the only other state where 60,071 was purchased. 27. While that is false, with the billionaire amassing nearly 270,000 acres of farmland across the country, compared to 900 million total farm acres, a different billionaire privately owns 2.2 million acres, making him the largest landowner in the U.S. John Malone, the former CEO of Tele-Communications Inc., which AT&T Inc. purchased for more than $50 billion in 1999, has a variety of ranching and real estate businesses, primarily in Maine, New Mexico, Colorado, and Wyoming. Several Properties in Wellington, Florida: $27.2 Million (Total). The acquisitions are held directly, as well as through Gates' personal investment entity, Cascade Investments. Through Sierra Pacific, the family owns some 2 million acres in California and Washington. The Arkansas Repertory Theatre recently revealed several changes that will begin with the 2024 season. Bill Gates is the single largest contributor to food insecurity on the planet. But even with his big new agricultural holdings, Gates still doesn't rank in the Top 100 of private landowners overall in the U.S. - when considering owners of land of all types, not just agricultural. Jeff Bezos is 25th and owns about 420,000 acres of farmland. More than 1.6 million acres are harvested annually in over 40 counties. How do preservations help with green infrastructure? Where did he buy land? 70,000 Acres Louisiana Farm Bureau News. The Gates familys vast real estate holdings include timberland, cattle ranches, and hay farms. For starters, the Buffalo National River is lovely to look at. These advantages include the ability to drive performance through shared best practices. Contact the AZ Animals editorial team. The Northwest Arkansas Land Trust was started by people who cared about the area and wanted to stop development. How much does 1 acre of land cost in Arkansas? 32. Despite having a population of more than 310 million people, 47% of the USA remains unoccupied.. In Nebraska where he owns 20,000 acres, it is used for soybeans. Try the tool that will help you invest smarter, faster, and better. You can find it just east of the Illinois River by the area that used to be the historic Lake Frances. Keep reading to discover the top landowners in Arkansas and how theyre contributing to preserving this great state. What Is Sargassum Seaweed and Why Is It a Problem? You can thank the national park system for keeping this land available to the public. Instead, he mostly acts like a landlord and allows professional farmers to keep doing their thingeven if those practices are ruinous to the environment. CTEH has added Michael McCoy to its team of toxicology experts. Gates' firm, Red River Trust, purchased $13.5 million worth of land in two counties from wealthy northeastern North Dakota potato growers Campbell Farms. Finally, the National Military Park at Pea Ridge is a place to remember and honor the 23,000 soldiers who fought and died during the Civil War. The 14,000 acres in Washington is used for potatoes and in Florida the land is used for carrots. Gates and his wife paid almost $171 million for 14,500 acres of farmland in the Horse Heaven Hills of Benton County, Wash., according to The Land Report. 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. Bill Gates is the largest private owner of American farmland, which is why so many people are wondering what he will use it for. For comparison, the state of Rhode Island covers an area of 1,214 square miles. How long does it take to discover a data breach? The Gates family owns 47,927 acres in Arkansas, according to the Land Report. Bill Gates found to be the largest farmland owner in the U.S. with a large portion in Arkansas. The family's 1.7 million acres of land are primarily spread across Washington, Oregon, and California. Best known as the co-founder and former CEO of Microsoft, Bill Gates now lays claim to a new title: the biggest farmland owner in the United States. The biggest chunks of Gates' holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlet's research found. In addition, Florida's Bridlewood Farms is a noteworthy asset. The Land Report article provides an in-depth look at how editors tracked down Gates farmland acquisitions. The U.S. government owns over 3 million acres of land in Arkansas, primarily managed by the U.S. Forest Service and the U.S. Army Corps of Engineers. How Much Is The Cost Of Living Raise In Arkansas? How many acres does Bill Gates own now? However, his largest land holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres), Nebraska (20,588 acres), Arizona (25,750 acres) and Washington state (16,097). Some cities are beginning to plan for areas with many plants and trees (connective greenways), but this is not happening in Northwest Arkansas. Arkansas had the second-most land owned by the Gates family, after Louisiana. The 9 Best Books About National Parks for Travelers, See a Gator Bite an Electric Eel With 860 Volts, See Dominator The Largest Crocodile In The World, And As Big As A Rhino, Discover the Largest Sea-Dwelling Crocodile Ever Found (Bigger than a Great White!). Surgeons $260,950 3. This acreage accounts for 17.8 percent of the familys total land holdings. We Know How Fast Earth Spins Dont We? In May 2022, Grady Spann became the chief executive officer. Gates' portfolio comprises about 242,000 acres of farmland and nearly 27,000 acres of other land across 19 states, . Weyerhaeuser possesses a staggering 1.3 million acres throughout Arkansas. The 65-year-old's largest holdings include 69,071 acres in Louisiana, 47,927 acres in Arkansas,25,750 acres in Arizona, 20,588 acres in Nebraska and16,097 in Washington state. Why are billionaires buying up farmland? The organization purchased the land thanks to a grant from the Walton Family Foundation. What is the importance of research in government? 14. Gates has spent years diversifying his $129 billion fortune through Cascade Investments. Hes the largest landowner in the United States. The billionaire cant seem to do anything without drawing the conspiratorial ire of online netizens. From mortgage info and housing trends to updates on which celebritys bathroom is equipped with a Vitamin-C infused shower, Housecall covers the entire moving and shaking gamut of the industry decision to end their marriage after 27 years, First Time Homeowner? Which region in Arkansas is best for farming? He also reportedly owns about. Microsoft founder Bill Gates is now the biggest private owner of farmland in the US, according to The Land Report The tech billionaire, 65, owns 242,000 acres of agricultural land in 18. Save my name, email, and website in this browser for the next time I comment. A single cow requires a minimum of one acreand really, two to three acres per animal is more ideal. The private residential area is home to numerous A-list celebrity couples including Justin Timberlake and Jessica Biel. Have some feedback for us? By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The most famous and by far wealthiest farmland owners in sparsely populated Concordia Parish are getting a divorce. The newly merged Weyerhaeuser company owns 13 million acres across the country. 3. Who is largest land owner in Arkansas? How much land in Arkansas Does Bill Gates Own? 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. What Is The Highest Paid Job In Arkansas? While China raises concerns over American boots on the ground in Asia, the country continues to grow its own footprint in the U.S. USDA's latest data shows China owns over 191,000 acres of U.S. lands, but that was before a North Dakota land sale this Spring. Its fields are filled with lush crops of cotton and rice, soybeans and corn. Purchased fromMadeleine Pickens, the former wife of Texas billionaire T. Boone Pickens, the property deal is one of the largest ever recorded in the area,The Wall Street Journalreported. However, his largest land holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres), Nebraska (20,588 acres), Arizona (25,750 acres) and Washington state (16,097). It seceded from the Union on 6 May 1861. 8. Who owns the most farmland in the United States? In total, Bill Gates owns nearly 270,000 acres of farmland in the United States. He now holds the title of the largest landlord in the US, surpassing Ted Turner, with a total of 2.2 million acres of crops, ranch property, and woodland. His largest holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588 acres). The company owns about 45% of the land and 70% of the buildings at their 36,000+ locations (the rest is leased). A 2014 Wall Street Journal profile of Larson, Cascade's chief investment officer, hinted at the beginning of that portfolio, after the piece noted that the firm owns 'at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana and other states or an area seven times bigger than Manhattan.'. China's 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. As house sale profits plunge by as much as $254,000 in a year, we reveal where sellers have been hit hardest. His largest holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres), and Nebraska (20,588 acres). What are the best agencies to buy GTA Online? However, the largest land owner in the United States is John Malone, the former CEO of Tele-Communications, Inc. A USA Today report lists his land holdings at 2.2 million acres, spread across Colorado, Maine, New Mexico and Wyoming. All Rights Reserved. In May, Microsoft co-founder Bill Gates and his wife Melinda Gates revealed in a Twitter statement their decision to end their marriage after 27 years. This is evident in the way the federal government manages the national sites they oversee in Arkansas. The project is in its early days. Additionally, through his personal investment firm, Cascade, Bill Gates owns approximately half of the Four Season Holdings' hotel chain. For starters, conservation helps ensure clean water. Dr. Jimenez currently serves as the Senior Associate Dean for ARCOM and brings years of medical education experience to The post ARCOM Appoints Jimenez as Dean appeared first on AMP. Bill Gates and his wife Melinda together own 268,984 acres of land, most of it farmland. 1. Plus, people will also be able to enjoy outdoor activities like hiking, biking, and bird-watching. Malone made his fortune as a media tycoon, building the company Tele-Communications, Inc, or TCI, and acting as its CEO before selling it to AT&T for $50 billion in 1999. He explains that NWALT protects land by getting people to donate it, having people agree not to build on it, buying land, partnering with other organizations, and taking care of the land. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2020 Arkansas Money and Politics. If they purchased the rest of their farmland for similar prices, that would put the value of their 242,000 acres at almost $3 billion. Here are the 4 largest landowners in the state of Arkansas: Arkansas has many wonders! Gates is now America's largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according to the Land Report. Some experts have pointed to Gatess well-known sustainability and green tech initiatives as a possible reason, but during an earlier Reddit AMA in 2021, Gates said, my investment group chose to do this. Bill and Melinda have diversified their portfolioworth more than $130 billionfor years, and one of their favorite investments is real estate. How Much Does Entergy Charge Per Kwh In Arkansas? Where did Bill Gates buy farmland in Arkansas? Buffalo Bill Cody's Ranch in Cody, Wyoming: Undisclosed Sale Price (Listed for $8.9 Million). 47,927 acres. They own 9.4% of the land for a total of 3.2 million acres, making them the top landowners in Arkansas. Ted Turner, who reportedly owns property in Arkansas, comes up just behind Malone on the USA Today list with 2 million acres. What's the goal? Goldcrest Farms, one of the largest farms in the US, is located in Miller County, Arkansas, along the riverbanks of the Red River and 28 miles from Texarkana and Interstate 30. How many acres of land does Bill Gates own in Louisiana? Privacy Policy. Hearst Magazine Media, Inc. All Rights Reserved. With federal government support, Arkansas can maintain its natural treasures for future generations. So approximately, McDonald's owns around 47,037 acres of land. Gilbert is officially cool! Does Bill Gates own land in Arkansas? Is it developed or undeveloped? 6. Its a stunning 830 acres in Benton county. This is part of a broader 269,000-acre land portfolio belonging to the couple and associated entities across 19 states, with the largest holdings in Louisiana (69,071 acres), Arkansas (47,927 acres) and Arizona (25,750 acres). From landowners like Gates to organizations like the Northwest Arkansas Land Trust, its a team effort. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? Since then, it has been revealed that the two never signed a prenuptial agreement, instead opting for a separation agreement. The process of splitting the couples assets will be a mammoth task. John MaloneThe largest landowners in the United States are John Malone, the Emmerson Family, Ted Turner, the Reed Family, and Stan Kroenke. The Gates Rancho Santa Fe estate was purchased in 2014 because of its horse stables and proximity to a local race horse track. It also links parks, trails, urban centers, and neighborhoods together. The Gates family owns 47,927 acres in Arkansas, according to the Land Report. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. Heres how you can get involved right now. Today, Bill Gates owns 242,000 acres of farmland in 19 states. This has us Arkansans wondering. READ MORE: How Farmland Owners Earn Income, READ MORE: Betting on the Farm: Carter Malloy and AcreTrader. Estimated 2021 farmland value equals $3,328 per acre. In total, Bill and Melinda Gates have acquired land in more than a dozen states. It was established in 1972 and is one of the few rivers that has never been dammed. Gates and his wife Melinda own a total of 268,984 acres of land, most of which includes the farmland, along with 25,750 acres of transitional land and 1,234 acres of recreational land. The cofounder of Bill & Melinda Gates Foundation, Bill Gates has a net worth of $117 billion. Peanuts showed the largest percentage increase at 56 percent in value of production from last year, followed by cottonseed at 44 percent. They. With 242,000 acres of farmland, the Gates family is now comfortably ahead of the rest of the top farmland owners in the country. Billy Hathorn, CC BY-SA 3.0 , via Wikimedia Commons License. The fourth and fifth largest farmland owners are the Fanjul family with 160,000 acres and the Boswell family with 150,000 acres, based on the 2020 Land Report 100. What percentage of Arkansas is farmland? In 2013, national sites welcomed over 2.7 million visitors who spent over $144 million in local communities. It's an asset with increasing value, American Farmland Trust CEO John Piotti said. Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. Farmland, (Video) REPORT: Bill Gates Is Americas Top Private Farmland Owner, (Video) 0.37 Acres in Crossett City, Arkansas Property ID 7703 - (RECENTLY SOLD! Bill Gates owns 47,927 acres in Arkansas. 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. Roughly 50% of the land in the Western United States is owned by the U.S. government. Michael Larson runs the Washington-based asset manager, as well as supervising the Bill and Melinda. Bill Gates (242,000 acres) Gates, who is the fourth richest person in the world, tops the list of the biggest farm owners in the U.S. Are small businesses vulnerable to cyber attacks? 7 percent of timberland is publicly owned. Theyre spreading the word about right and wrong land practices. Finally, there are Crawford, Sebastion, Franklin, Johnson, and Logan Counties to the south. From the Ozark and Ouachita Mountains in the west to the dense forests in the south and the flatlands of the east it all adds up to one of Earths awesome places. The top landowners in Arkansas play a big role in what the state will look like for future generations. John Malone. A 6,300-acre farm owned by Bill Gates in Madison County could become the site of one of the nation's largest solar farms. Where did he buy land? Xanadu 2.0 in Medina, Washington: Estimated $140-170 Million, Source: Steve Ringman / The Seattle Times. 4. The Gates family's vast real estate holdings include timberland, cattle ranches, and hay farms. In 2008, The Bill & Melinda Gates Foundation announced $306 million in grants to help farmers in Africa and other parts of the world. Weve got you covered. Shannon Jimenez, DO has been appointed as the new Dean of Arkansas College of Osteopathic Medicine (ARCOM), effective June 1, 2023. Kroenke is married to Ann Walkton Kroenke, an heiress to the Wal-Mart fortune. According to landreport.com, the Gates family has a total of 242,000 in farmland acreage in the United States. 9. Who owns the most land in the world 2021? The biggest chunks of Gates' holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlet's research found. Malone noted in a CNBC interview that preservation was his primary motivation for purchasing land, and he intends to purchase more.
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