Did You Know That Bill and Melinda Gates Are The Largest Private Farmland Owners In The US?

Bill and Melinda have secretly amassed a sizable portfolio of farmland over the past few years. Their farming covers 242,000 acres across 18 states, with 69,071 acres in Louisiana being their largest holding. They paid $500 million to a Canadian pension fund in 2017 to purchase the majority of the farms.

The breakdown of the land they own is as follows: 47,927 acres in Arkansas, 20,588 acres in Nebraska, 16,097 in Washington state, 9,233 acres in Idaho, 4,509 acres in California, 975 acres in Wyoming, 2,270 acres in Colorado, 1 acre in New Mexico, 552 acres in Iowa, 1,188 acres in Wisconsin, 17,940 Illinois acres 8,74 acres in North Carolina, 2,167 acres in Michigan, 9,136 acres in Indiana, 8,915 acres in Ohio, 16,963 acres in Mississippi, and 14,828 acres in Florida.

Scott Olson/Getty Images

Getty Images/Scott Olson

The Bill and Melinda Gates Foundation established the nonprofit Gates Ag One Agriculture Research Institute in St. Louis last year. The press release revealed its mission, saying, “Gates Ag One aims to speed up efforts to provide smallholder farmers in developing countries, many of whom are women, with access to the affordable tools and innovations they need to sustainably improve crop productivity and adapt to the effects of climate change.”

A new suburban town with 80,000 homes, 4,000 acres for schools, offices, and shops, and 3,4000 acres of open space is being built on around 25,000 additional acres owned by Bill and Melinda in the vicinity of Phoenix.

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