bill gates buying farmland map
The agriculture sector is important, he wrote. Access your favorite topics in a personalized feed while you're on the go. But if it ever gets built, it would boost the value of Gates land dramatically. Gate's private American farmlands are worth an estimated $690 million.. Seed technology is the process of using technology, updated farming methods, and genetically modified seeds to optimize yield potential; maximize yield potential in less-than-ideal farming conditions; and make farming practices infinitely more cost-efficient.. None of the information contained on this website is a recommendation to invest in any securities. In 2017, Cascade Investment bought a significant stake in 24,800 acres of transitional land on the western edge of Phoenix, the most populous city in Arizona and the tenth-largest metropolitan area in the country. LITTLE ROCK, Ark. This private U.S. farmland REIT was a joint venture between Duquesne Capital Management and Goldman Sachs that launched in 2007. This is especially helpful if, say, the stock market crashed, and you had a more aggressive stock portfolio (or any large stake in stock at all). His environmental bent also extends to farming. New technologies must be developed to give more sustenance to land that we farm to keep it sustainable. According to Bruce Sherrick, a professor of agricultural economics at the University of Illinois at Urbana-Champaign, about 60 percent of row-crop farmland in the Midwest is leased. Here's why the ultra-wealthy like Bill Gates and Thomas - CNBC There is absolutely no connection between the Gate[s] North Dakota farmland investments and the Fufeng Group, a spokesperson for Cascade Investment, which oversees the investments of the Bill & Melinda Gates Foundation Trust and Bill Gates, told The Post. But it also means we can devote less of the planets surface to farmland, which is good news for forests and ecosystems. Cascade Investment doubled down on Phoenix transitional land two years later when it made a second major investment by acquiring more than 2,800 acres known as Spurlock Ranch in Buckeye for $25 million. Lemmon Holdings invested in some 40 square miles of transitional land on the western fringe of the Phoenix sprawl. Bill Gates owns more private farmland in the US than anyone . It took a dozen years, but the ownership of that Louisiana farmland went from Bernie Ebbers to Bill Gates with a couple of stops in between. Call it a hunch, but the story did not jibe. The farm was subsequently sold to AgCoA, which was acquired by the Canada Pension Plan Investment Board.
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