By:
Howdy Doody Conservative
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Indeed, Gates is now the biggest owner of farmland in America, according to a Forbes report.
“After years of reports that he was purchasing agricultural land in places like Florida and Washington, The Land Report revealed that Gates, who has a net worth of nearly $121 billion according to Forbes, has built up a massive farmland portfolio spanning 18 states.”
“His largest holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588 acres). Additionally, he has a stake in 25,750 acres of transitional land on the west side of Phoenix, Arizona, which is being developed as a new suburb.”
Gates now owns 242,000 acres of farmland across the U.S., mostly “through third-party entities by Cascade Investments, Gates’ personal investment vehicle.”
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