Does Bill Gates own land in Arkansas?
In total, Bill and Melinda Gates have acquired land in more than a dozen states. 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).
Bill Gates found to be the largest farmland owner in the U.S. with a large portion in Arkansas. LITTLE ROCK, Ark.
Ted Turner, who reportedly owns property in Arkansas, comes up just behind Malone on the USA Today list with 2 million acres.
BILL GATES AND U.S. FARMLAND
According to a January 2021 article by 'The Land Report', Gates owned 242,000 acres of farmland through two investment management firms - Cottonwood Ag Management and Cascade Investment (here). The figure is far below the total area of U.S. farmland.
1. John Malone. John Malone is the largest private landowner in the United States. 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.
Estimated 2021 farmland value equals $3,328 per acre.
Roman Catholic Church: 70 million hectares
The largest landowner in the world is not a major oil magnate or a real estate investor. No, it's the Roman Catholic Church. According to lovemoney.com, the church owns more than 70 million hectares.
The Microsoft co-founder is considered the largest private owner of farmland in the country with some 269,000 acres across dozens of states, according to last year's edition of the Land Report 100, an annual survey of the nation's largest landowners.
#1 Queen Elizabeth II
With her 6.6 billion acres, Elizabeth II is far and away the world's largest landowner, with the closest runner-up (King Abdullah) holding control over a mere 547 million, or about 12% of the lands owned by Her Majesty, The Queen. Acreage estimates provided by The New Statesman.
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.
Why are billionaires buying up farmland?
Why? Well, investments in farmland are growing as people look for new ways to grow their money. “It's an asset with increasing value,” American Farmland Trust CEO John Piotti said. “It has great intrinsic value and beyond that, it is a limited resource.”
Bill Gates is America's biggest farmer with 269000 acres farmland which is visible from space.
Some of the world's biggest billionaires are landowners, such as media mogul Ted Turner who owns 2 million acres, Amazon.com's AMZN, -0.24% CEO Jeff Bezos who has amassed 420,000 acres and Microsoft MSFT, -1.67% co-founder Bill Gates's 270,000 acres, he notes.
North Dakota's attorney general has found the sale of a couple thousand acres of prime farmland to a group tied to Bill Gates complies with a Depression-era law meant to protect family farms because the land is being leased back to farmers.
Gates' firm, Red River Trust, purchased $13.5 million worth of land in two counties from wealthy northeastern North Dakota potato growers Campbell Farms.
“The United States consists of 11,078,300 Census Blocks,” Freeman explained on his Tumblr. “Of them, 4,871,270 blocks totaling 4.61 million square kilometers were reported to have no population living inside them. Despite having a population of more than 310 million people, 47% of the USA remains unoccupied.”
Rank | Area | Owner |
---|---|---|
1 | 178,926 sq ft (16,622.8 m2) | The Biltmore Company |
2 | 109,000 sq ft (10,100 m2) | Gary Melius |
3 | 105,000 sq ft (9,800 m2) | Richard Saghian |
4 | 100,000 sq ft (9,300 m2) | (demolished in 1980) |
John Malone – 2,200,000 Acres
Billionaire John Malone has the title of the largest private land owner in the United States. His fortune was made in the media space, where he still today owns many media assets we all consume today.
Over the last 20 years, the price of farmland per acre in arkansas has risen by an average of 5.1% per year to $2,880 per acre as of 2019.
Arkansas is a major producer of a variety of agronomic crops. Besides being the largest producer of rice in the United States, it is a major producer of soybeans, corn, cotton, wheat, and grain sorghum.
How do I buy land in Arkansas?
- Determining Your Budget's Buying Power. Set your budget for the total project. ...
- Deciding on Type of Land. Evaluate the surrounding areas. ...
- Researching Zoning Compliance Regulations. Research the zoning of the land. ...
- Identifying a Property's Boundaries. ...
- Appraising and Estimating Costs.
How much land does McDonald's own? The company owns about 45% of the land and 70% of the buildings at their 36,000+ locations (the rest is leased). It's a brilliant strategy.
McDonald's owns about 70% of the buildings and 45% of the land at their locations worldwide. It owns $28.4 billion worth of land and has a total of 39,198 locations, each with an average land of 1.2 acres. So approximately, McDonald's owns around 47,037 acres of land.
The Church of Jesus Christ of Latter-day Saints owns nearly 60,000 acres of land in Idaho worth at least $128.4 million, according to a new set of data.
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.
Bill Gates just bought 2,100 acres of farmland in North Dakota, adding to the 270,000 acres he inexplicably owns throughout the US China also just bought 300 acres there, adding to the 192,000 acres of US Soil in their portfolio …and no one seems to care Why do we allow this?
#11 The Ford Family owns 625,000 acres.
Arkansas Landscape
Agriculture and Forestry use more than 95 percent of Arkansas' land resources.
There are 33.2 million acres in Arkansas valued at $224 billion, and plenty of land for the sale in Arkansas is unspoiled forest.
Arkansas is a major producer of a variety of agronomic crops. Besides being the largest producer of rice in the United States, it is a major producer of soybeans, corn, cotton, wheat, and grain sorghum.
What is Bill Gates networth?
Arkansas ranks 1st in rice production. More than 1.6 million acres are harvested annually in over 40 counties. Learn more from the Arkansas Rice Federation, UAEX, Arkansas Agriculture Council and Arkansas Farm Bureau. Arkansas produces 1.1 million pounds of cotton bales, and 371,000 tons of cottonseed.
The alluvial soils of the vast Arkansas and Mississippi river valleys are some of the most productive agricultural soils in the state. The Mississippi River alluvial soils of eastern Arkansas make up the Delta region of the state.
Francis Basin, Crowley's Ridge, the White River Lowlands, the Grand Prairie, and the Arkansas River Lowlands. The Arkansas Delta, blessed with rich and fertile soil, is one the most productive agricultural regions in the world. Its fields are filled with lush crops of cotton and rice, soybeans and corn.
arkansas Farmland Prices
Over the last 20 years, the price of farmland per acre in arkansas has risen by an average of 5.1% per year to $2,880 per acre as of 2019. This represents an increase of $1,740 per acre of farmland over this time period. The values shown here only represent farmland appreciation.
Arkansas (AR)
Officially, residents of Arkansas are Arkansans, but many residents prefer to call themselves Arkansawyers.
Almost 90 percent of Arkansas's land is privately owned. Many landowners and managers who are concerned about the environment and wildlife often forget to consider it in their management activities.
The top three crop commodities, soybeans, rice, and corn, accounted for 76 percent of the total value of production for field crops. Peanuts showed the largest percentage increase at 56 percent in value of production from last year, followed by cottonseed at 44 percent.
A single cow requires a minimum of one acre—and really, two to three acres per animal is more ideal. So, a small herd of 20 requires a minimum of 20 to 60 acres.
Finally, Arkansas' cuisine is integral to its culture with such foods as barbecue, traditional country cooking, fried catfish and chicken, wild duck, rice, purple hull peas, okra, apples, fried green tomatoes and grits being part of the people of Arkansas's diet and economy.
Who is No 1 richest person in the world?
The cofounder of Bill & Melinda Gates Foundation, Bill Gates has a net worth of $117 billion. Having founded the software giant Microsoft along with Paul Allen, Bill Gates eventually sold away much of his stakes in the company retaining just 1% of the shares and investing the rest in stocks and other assets.