Bill Gates Buys 2.86 Million Acres Of Land, Becomes America’s Biggest Farmer
Microsoft’s co-founder and former CEO Bill Gates not only topped the world of software and technology, but he also owns the biggest farmland in the United States. Currently, the fourth richest person in the world, the fourth richest person in the world, has purchased large tracts of arable land in 19 US states.
According to a report, Bill Gates owns a total of 2,42,000 acres of arable land, while he owns 2,68,984 acres of land by Melinda Gates. Most of his portfolio consists of agricultural land and includes 25,750 acres of transitional land and 1,234 acres of Recreational Land.
Bill Gates became the owner, not just invested
Typically, industrialists invest in a project, but Bill Gates has not invested in land in the US, instead of owning 2,68,984 acres of all types of land.
Research has revealed that Gates has the largest holding of 69,071 acres in Louisiana, 47,927 acres in Arkansas, and 20,588 acres in Nebraska, according to Forbes, with total assets of approximately $ 121 billion. Additionally, he also owns a stake in 25,750 acres of transitional land west of Phoenix, Arizona, which is being developed as a new suburb.
It may be surprising that a technology billionaire owns the Biggest farm in America. However, in 2008, the Bill and Melinda Gates Foundation announced a $ 306 million grant to promote high-yielding, sustainable agriculture among smallholder farmers in Sub-Saharan Africa and South Asia. With 242,000 acres of farmland, the Gates family is now well ahead of the rest of the top landowners in the country.
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