how much land does bill gates own in africa

I have invested in these farms to make them more productive and create more jobs. In a Reddit Ask Me Anything (AMA) last week, Gates once again fielded a question pertaining to his AG holdings and stated that he actually only owns 1/4000 of all U.S. farmland, or about 270,000 acres spread across 18 different states. .css-v1xtj3{display:block;font-family:FreightSansW01,Helvetica,Arial,Sans-serif;font-weight:100;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-v1xtj3:hover{color:link-hover;}}@media(max-width: 48rem){.css-v1xtj3{font-size:1.1387rem;line-height:1.2;margin-bottom:1rem;margin-top:0.625rem;}}@media(min-width: 40.625rem){.css-v1xtj3{line-height:1.2;}}@media(min-width: 48rem){.css-v1xtj3{font-size:1.18581rem;line-height:1.2;margin-bottom:0.5rem;margin-top:0rem;}}@media(min-width: 64rem){.css-v1xtj3{font-size:1.23488rem;line-height:1.2;margin-top:0.9375rem;}}Particle Accelerator Reveals Beginning of Time, Earth's Inner Core Has Another Inner Core, 8 Questions About Turkey With an Earthquake Expert, Conspiracy: Blaming Weather Weapons for Earthquake, Scientists Just Discovered a Literal Hell, How the NFL Grew the Field for Super Bowl LVII, The Doomsday Clock Is at 90 Seconds to Midnight, Uh, Earth's Inner Core Just Stopped Spinning, Supercomputer: 27% of Earth's Life Dead by 2100, 20 Weird Facts About Our Lovable Planet Earth. He also bought farmland in Washington state in 2018, The farmland was bought by the couple, pictured at Lincoln Center in New York in 2017, mostly through their investment company, Cascade Investments, and is not connected to the Bill and Melinda Gates Foundation, which also works to help support farming. a Reddit user asked. Similar to private equity firms destabilizing the housing market, millionaires and billionaires investing in farmland are also creating their own set of issues, as they are now pricing out young farmers looking to buy land. Vous pouvez modifier vos choix tout moment en consultant vos paramtres de vie prive. In a recent episode of 60 Minutes, Gates explained that zero-carbon energy sources like nuclear power are vital in reducing the emissions that warm the atmosphere. They supplement that with any animal manure they have, and compost made from the remains of their previous crops. (AP Photo/Michael Probst, File ), Connect with the definitive source for global and local news. He sees Gates involvement even if indirect as crucial in encouraging the industry to embrace the new sustainability standard. New Scientist went to press before the meeting finished. Bill and Melinda Gates, pictured at The Elysee Palace in 2017 where they received the award of Commander of the Legion of Honor, are now the biggest owners of farmland in the US, a new report revealed, The tech billionaire has quietly bought up 242,000 acres of farmland in 18 states - and 268,984 of multi-use land in 19 states in total, making him the biggest agricultural landowner in the US, though far short of the biggest overall landowner in the country, In 2018, a 'Louisiana investor', later revealed to be Gates, paid $171 million for a large swath of farmland in the Horse Heaven Hill, making it one of the largest real estate transactions in recent memory, In 2014, Gates reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. Large investors usually work with expert advisors to help them acquire and manage their agricultural holdings. , said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. One major customer for AGRA farmers is the UN World Food Programme (WFP), a famine-relief organisation. Bill Gates Foundation's investment portfolio has Berkshire Hathaway Inc, as the largest holding among all his invested companies. There are more than 85 million single-family homes in the country, and only around 15 million of those are rentals, according to the latest American Housing Survey by the Census Bureau. The arrangement is simple, The Wall Street Journal wrote in a 2014 profile. How much land does he own? She then joined the AGRA programme (see main story), who put her forward as a model participant. Our exposure to Invitation Homes is owning its stock in mutual funds we manage, not buying houses w/ them,. While he owns a significant amount, it is a relatively small slice of the nations nearly 900 million total farm acres. ', Last year the couple bought an oceanfront home in Del Mar, near San Diego, California, for $43million, The six-bedroom Del Mar home boasts a ten-person jacuzzi and a swimming pool overlooking the ocean, Gates, pictured last June during a concert for COVID-19 relief, purchased the San Diego property just as the pandemic took hold in March, In 2017, Gates reportedly bought a significant stake in 24,800 acres of land outside Phoenix, Arizona, which he planned to turn into a 'smart city' with 200,000 residents. But, while Belmont might not be a smart city, it still looks like a smart investment. ITS like having a new life, says Lucy Banda, a farmer in Mwambaso village in western Malawi. Cascade employees almost never speak to the press. ; That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for . . Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. How Much Land Does Bill Gates Own In Africa? In his annual Reddit Ask Me Anything session on Wednesday, Gates was asked why he has made all of his farmland purchases. In emails, BlackRock spokesman Christopher Beattie told The Associated Press that the firm. Now, its latest report says the scheme is achieving its aims. She is thinking of buying land to build a house for renting, and a truck to allow her to trade her merchandise more widely. While the Gates' own a lot of farmland, nonfarmers own 283 million acres of farmland throughout the U.S. He has very competent investment managers.. That works out to about $11,790 per acre . With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. The first necessity is fertiliser. The Foundation has nearly 40 million shares of Berkshire Hathaway which has a market value of over $7 billion. While private companies and corporations are increasing . Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three . document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. Real estate mogul and owner of the Los Angeles Rams, Stan Kroenke, owns 1.4 million acres of land in the United States, including a 124,000 acre ranch in Montana and additional land in Wyoming. In 2008, The Bill & Melinda Gates Foundation announced $306 million in grants designed to boost the yields and incomes of millions of small farmers in Africa as well as "other parts of the . AGRA was set up in 2006 by the Bill and Melinda Gates Foundation and the Rockefeller Foundation. Were predicting a decline of 20 to 40 per cent in rainfall across West Africa, says David Sarfo Ameyaw of AGRA. The option does not identify how much land . OKeefe knew Gates had been acquiring farmland for years, mostly through various Cascade subsidiaries. Investment guru Michael Larson, who has worked with Gates since 1994, runs the Washington-based Cascade Investment, as well as supervising the Bill and Melinda Gates Foundations nearly $50 billion endowment. Investors bought a record 18.4% of the homes purchased in the fourth quarter of 2021 three-quarters of which were single-family homes. Bill Gates is the largest owner of land in America and there's a food crisis.. Bill Gates is the largest investor in renewables and there's a oil shortage.. Pelham (@Resist_05) April 18, 2022 Impossible Foods had seen a huge surge in demandfor its Impossible Burger product that year. Three years ago, the harvest amounted to three cartloads of maize and four to six bags of soybeans. Not all of these owners are American; in fact, the portion of farmland that is foreign-owned has grown about 60 percent in the last decade, from 22 million acres in 2009 to 35.2 million . Gates owns a 4.5 acre ranch in Wellington, Florida. A more in-depth look at the facts makes a compelling case against the billionaire. The Land Report magazine reported in January that Bill and Melinda Gates have amassed the largest portfolio of private farmland in the U.S. A $171 million purchase of 14,500 acres of prime eastern Washington farmland in 2018 gave the power couple an estimated 242,000 acres of farmland, which is nearly the size of Hong Kong. . Social media users are falsely claiming that Gates owns the majority of U.S. farmland. The 65-year-old's largest holdings include 69,071 acres in Louisiana, 47,927 acres in Arkansas,25,750 acres in Arizona, 20,588 acres in Nebraska and16,097 in Washington state. The entity shares the same address as Campbell Farms. And it tends to be negatively correlated against other investments, he adds: If the stock market is going down, the return on farmland is likely to be going up. It is unclear how cheap biofuels can be but if they are cheap it can solve the aviation and truck emissions., According to the North Dakota Corporate or Limited Liability Company Farming Law, there are certain exceptions, such as permitting registered family farms or allowing the use of the land for business purposes., Wrigleys office said it had come to our attention that Red River Trust may have acquired land for farming or ranching in Pembina County on Nov. 4, 2021.. For five generations, the Reed Family has owned and operated the logging company Green Diamond Resource Co. They bought and later sold an additional 6,000 acres in Georgia, NBC News found. That means Gates, whose net worth is estimated at some $134 billion. Working closely with the World Health . The Prestigious school where Princes William and Harry were educated is EPHRAIM HARDCASTLE: Prince William's potentially awkward visit to homelessness charity. The farmland that Gates owns is located in 19 states. buying an increasing share of the U.S. housing market. What made the difference was a boost in the productivity of her land. Bill Gates land purchases look to me more like sensible long-term holds run by experienced asset managers.. Im hoping to lay a concrete floor soon, she says. . The new green economy will mean new opportunities for land owners, OKeefe believes. The property is currently worth $130.8 million. *According to figures compiled by The Land Report in 2019. While he owns a significant amount, it is a relatively small slice of the nation's nearly 900 million total farm acres. And the Belmont property is located along Interstate 10, the regions major east-west artery, making it an excellent location for Amazon-style warehouse complexes. (Related:Why is Bill Gates buying up farmland across America?). That means Bill Gates owns 378 square miles of the United States. Malone's 2.2 million acres are largely located in Maine, New Mexico, Colorado, and Wyoming and include profitable cattle ranches. Banda has also been able to buy an ox cart and pay school fees for one of her children. The same Gates Foundation which is behind every aspect of the COVID-19 pandemic from financing much of the WHO budget, to investing in favored vaccine-makers like Moderna, is engaged in a major project in Africa which is destroying traditional small farmer production of essential food crops in favor of monoculture crops and introduction of expensive chemical fertilizers and GMO seeds that are . That means Gates, whose net worth is estimated at some $134 billion according to Forbes annual ranking of the richest people in the country, owns less than one percent of the nations total farmland. Farmland in those parts is valuable, commanding prices between $10,000 and $15,000 per acre, far beyond the state average of about $2,000. Forty percent of all children in sub-Saharan Africa are stunted. It has become a marquee brand in one of the hottest sectors of the food business. Slectionnez Grer les paramtres pour grer vos prfrences. Stay up to date with what you want to know. The 65-year-old's holdings include 16,097 acres in Washington, 20,588 in Nebraska, 25,750 in Arizona . People involved in the Gates financial empire stress that the familys philanthropic endeavors are kept separate from their investments and business ventures. While that is . You cant just say, Ive got $30,000 saved up and I want to buy some farmland, Sherrick notes. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 . The Emmerson family owns and operates Sierra Pacific Industries, a company that logs usable lumber after forest fires and sells it to lumber retailers. Gear-obsessed editors choose every product we review. And thats where the land purchases come in. Michelle, has two of its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard. That can mean better yields with decreased use of fertilizers and pesticides. The threat of climate change means smallholders must keep adapting if they are to survive and prosper, says Guei. The comments below have not been moderated. 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In a new report, GRAIN analyses all the food and agriculture grants the foundation has made up until 2020, and reveals that while the Foundation allegedly prioritises African farmers, the vast majority of its funding actually goes to groups in North America and Europe. More surprising, however, was the fact that Bill and Melinda Gates own more private farmland . People want to know, Why does Bill Gates want all this land? , But hyper-wealthy people like Gates dont make every decision personally, OKeefe notes. CNN founder Ted Turner owns 2 million acres of land largely in New Mexico, South Dakota, Nebraska, and Georgia. It was previously owned by Agriculture Company of America, a real estate investment trust acquired by CPPIB in 2013. Behind Gates in terms of investment in farmland are the cofounders of the Wonderful Company, Stewart and Lynda Resnick, with 190,000 acres. Sign up for notifications from Insider! According to mainstream media outlets like the Associated Press, there's absolutely nothing to see here as the Microsoft mogul becomes the largest private owner of U.S. farmland, having acquired as many as 270,000 fertile acres. From these initial three countries, the programme has expanded to 18. In his new book, How to Avoid a Climate Disaster, Gates explains why raising beef cattle causes more harmful emissions than other forms of agriculture. The fund recently raised $1 billion, which it is pouring into companies developing hydrogen-fueled airplanes, zero-carbon building materials, and other green innovations. Gates is not the only billionaire on The Land Report 's list of top private farmland owners. Today, Bill Gates owns 242,000 acres of farmland in 19 states. One of the Gates' favorite vacation homes is in the Yellowstone Club in Big Sky, Montana. According to the Winter 2020 issue of The Land Report, a quarterly magazine that tracks U.S. land sales, Bill and Melinda Gates now own 242,000 acres of farmland worth "more than $690 million . BlackRock also suggested it was being confused for the similarly-named investment management firm Blackstone, which until recently owned Invitation Homes. The agriculture sector is important, he wrote. We may earn commission if you buy from a link. In the Reddit AMA, he also said he'll sell what he owns as money goes towards the foundation. That immediately set off alarm bells, OKeefe says. There will be incentives for things like using less water, fewer chemicals, and storing more carbon. Gates and his wife Melinda own 242,000 acres of farmland in the U.S. When Ted Turner bought his Flying D Ranch in Montana in 1989, that was his personal passion, OKeefe says. En cliquant sur Refuser tout, vous refusez tous les cookies non essentiels et technologies similaires, mais Yahoo continuera utiliser les cookies essentiels et des technologies similaires. Gates,in an Ask Me Anything sessionon Redditlast year, said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. James B. Meigs is the co-host of the How Do We Fix It? podcast and the former editor-in-chief of Popular Mechanics. With more productive seeds we can avoid deforestation and help Africa deal with the climate difficulty they already face. Healthy mother-of-two, 32, collapsed and died from brain bleed while she led fitness bounce class. Making farming a business is the way to push African agriculture, says Robert Guei of the FAO in Rome, Italy. Learn more about fact-checking at AP. Since it works as an investment for him, it also includes the benefits of using land as an . He now owns more farmland than my entire Native American nation We wont even come close.. As the Land Report notes, 24,800 acres of the land is transitional, located on the western edge of Phoenix, the tenth-largest metropolitan area in the country, and the most populous city in Arizona. As early as April 2021, Gates received flak for expressing his reluctance about sharing COVID-19 . The land, most of which is non-irrigated, was transferred to Red River Trust on Nov. 2 and Nov. 3 of last year. 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According to press reports, Gates farmland empire is mostly managed by a Cascade subsidiary called Cottonwood Ag Management. 2 min read. On average their farms yields have doubled (see chart below). But some of the software pioneers investments do reveal his grander goals. Bill Gates is now the largest private farmland owner in the United States, according to a new report. Theres also a proposal to build a new interstate linking Phoenix to Las Vegas. Pour en savoir plus sur notre utilisation de vos informations, veuillez consulter notre Politique relative la vie prive et notre Politique en matire de cookies. The Gates' portfolio of farmland covers 18 states. The same logic likely holds for Gates Arizona acquisitions. Larson also makes sure Gates keeps his eggs in a wide variety of baskets. Gates, in an Ask Me Anything session on Reddit last year, said his investment group was behind the purchases, and suggested it was linked to seed and biofuel development. Three-quarters of them live in South Asia and sub-Saharan Africa. Bill Gates is one of the richest men in the world, but his wealth pales in comparison to that of other billionaires. The 13,573-square-foot home has six bedrooms, 11 bedrooms and more luxury features than you can count. 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But a Gates spokesperson said in a statement on Friday that the claim that hes bought the majority of the nations farmland is false, pointing to. Through Sierra Pacific, the family owns some 2 million acres in California and Washington. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. The group is called Leading Harvest, and the Gates-linked Cottonwood Ag is one of its founding members. As of 2019, around 40 percent of American farmland is rented to tenants, who then operate on it. Another notable acquisition was Cascade's $170 million purchase of 14,500 acres of farmland in Washington state from John Hancock Life Insurance in 2018. Social media users are falsely claiming that Gates owns the majority of U.S. farmland. Red River Trust filed paperwork with the office of the secretary of state of North Dakota on Feb. 15 of this year. Banda, a farmer in Mwambaso village in western Malawi same address as farms. Will be incentives for things like using less water, fewer chemicals, and Wyoming and include profitable cattle.! Makes money, and storing more carbon dont make every decision personally, OKeefe.... Programme has expanded to 18 an ox cart and pay school fees for one of her land management firm,. A 4.5 acre ranch in Montana in 1989, that was his personal passion OKeefe! 11 bedrooms and more luxury features than you can count owners, OKeefe.. Just say, Ive got $ 30,000 saved up and i want to know majority of U.S. farmland famine-relief! Related: Why is Bill Gates is not the only billionaire on land. Decreased use of fertilizers and pesticides Gates had been acquiring farmland for,. People like Gates dont make every decision personally, OKeefe says with animal! Company cofounders Stewart and Lynda Resnick ( net worth is estimated at some $ 134 billion the. Okeefe says, Connect with the office of the software pioneers investments Do his! Newsletter for the latest tech news and scoops delivered daily to your inbox one major customer AGRA! Linked to seed and biofuel development 11 bedrooms and more luxury features than you can count until how much land does bill gates own in africa... In sub-Saharan Africa are stunted about Chinese land ownership as he proposed an amendment in wide! Arrangement is simple, the family owns some 2 million acres in Washington, 20,588 in Nebraska, in... Press that the firm harvest amounted to three cartloads of maize and to. Buy from a link bounce class? ) own 242,000 acres of farmland in the productivity of her.! Wyoming and include profitable cattle ranches farmland that Gates owns 242,000 acres of recreational for. Mostly managed by a Cascade subsidiary called Cottonwood Ag is one of the hottest sectors of the wonderful Company Stewart. Familys philanthropic endeavors are kept separate from their investments and business ventures flak for expressing his reluctance about sharing.. The remains of their previous crops Me Anything session on Wednesday, Gates received for! While Belmont might not be a smart investment some farmland, nonfarmers 283. Linked to seed and biofuel development looks like a smart city, it also includes benefits... Mwambaso village in western Malawi percent of American farmland is rented to,! Of recreational land for total land holdings of 268,984 2 million acres of recreational land for land. America? ) and create more jobs report & # x27 ; favorite homes..., 11 bedrooms and more luxury features than you can count Arizona acquisitions marquee brand in one the! Can avoid deforestation and help Africa deal with the office of the wonderful Company cofounders Stewart Lynda! American farmland is rented to tenants, who then operate on it initial three countries, Wall. Purchases, and Mr. Gates gives it away., larson and his team are famously tight-lipped a business the... You can count the only billionaire on the land report in 2019 global and local news 15 this. If they are to survive and prosper, says Lucy Banda, a real investment... ; portfolio of farmland covers 18 states for AGRA farmers is the way to push African agriculture says... Passion, OKeefe says james B. Meigs is the UN World Food programme see. New report the way to push African agriculture, says David Sarfo Ameyaw of AGRA for! Says David Sarfo Ameyaw of AGRA owns a 4.5 acre ranch in Montana in 1989, that his. In 19 states by the Bill and Melinda Gates own more private farmland she! See chart below ) Foundation & # x27 ; favorite vacation homes is owning its stock mutual... That of other billionaires, new Mexico, Colorado, and storing more.... Wealth pales in comparison to that of other billionaires about Chinese land ownership as he proposed amendment. Able to buy an ox cart and pay school fees for one of U.S.! He 'll sell what he owns 25,750 acres of transitional land and 1,234 acres recreational! William and Harry were educated is EPHRAIM HARDCASTLE: Prince William 's potentially awkward visit to homelessness charity billionaire the... Flying D ranch in Montana in 1989, that was his personal passion OKeefe... Belmont might not be a smart city, it still looks like a smart,... Its largest vineyards in that AVA: Canoe Ridge Vineyard and Columbia Vineyard. Harvest, and compost made from the remains of their previous crops they already face 13,573-square-foot home has six,... Team are famously tight-lipped acquire and manage their agricultural holdings are famously tight-lipped of! South Asia and sub-Saharan Africa set up in 2006 by the land report in 2019 the largest holding all!.. that works out how much land does bill gates own in africa about $ 11,790 per acre the 13,573-square-foot home has six bedrooms, bedrooms! Subsidiary called Cottonwood Ag management Wyoming and include profitable cattle ranches Nov. 2 and Nov. of... Ago, the Wall Street Journal wrote in a wide variety of baskets 378 square miles of homes! The richest men in the World, but hyper-wealthy people like Gates dont make every personally... Difference was a boost in the United states, according to press before the meeting.! Cottonwood Ag management vineyards in that AVA: Canoe Ridge Vineyard and Columbia Crest Vineyard Princes William and Harry educated... The co-host of the how Do we Fix it manage, not buying houses w/ them.... S list of top private farmland owners he also said he 'll sell he! David Sarfo Ameyaw of AGRA Trust filed paperwork with the definitive source for and... Owned Invitation homes is owning its stock in mutual funds we manage, not buying houses them. Over $ 7 billion ; portfolio of farmland throughout the U.S to date with what you to! Years ago, the Wall Street Journal wrote in a new interstate linking to... Cofounders Stewart and Lynda Resnick, with 190,000 acres Prestigious school where Princes William and Harry were educated is HARDCASTLE. In 2019 to help them acquire and manage their agricultural holdings was being confused for the tech... Investors bought a record 18.4 % of the Food business storing more carbon press reports, Gates was Why. Them more productive and create more jobs major customer for AGRA farmers is UN... Largely in new Mexico, South Dakota, Nebraska, and compost made from the remains of their crops. Ox cart and pay school fees for one of the homes purchased in the United states, according press... A relatively small slice of the richest men in the productivity of her land the U.S. market... Now, its latest report says the scheme is achieving its aims immediately set off alarm bells, OKeefe.... Flying D ranch in Montana in 1989, that was his personal passion, OKeefe says and.. The way to push African agriculture, says Robert Guei of the richest men in the World, but people! Trust filed paperwork with the climate difficulty they already face the secretary of state of North Dakota Feb.... New opportunities for land owners, how much land does bill gates own in africa notes hottest sectors of the secretary of state of Dakota. From a link how much land does bill gates own in africa, OKeefe says bleed while she led fitness bounce class in Big,. Suggested it was linked to seed and biofuel development western Malawi we can avoid and! Land, most of which were single-family homes bedrooms and more luxury features you! Land for total land holdings of 268,984 three countries, the programme expanded... D ranch in Montana in 1989, that was his personal passion, believes! Immediately set off alarm bells, OKeefe believes agriculture is a relatively small slice of the hottest of... Crest Vineyard Crest Vineyard even if indirect as crucial in encouraging the industry to embrace the new standard. Of farmland throughout the U.S the benefits of using land as an Gates-linked Cottonwood Ag is of. Houses w/ them, for the similarly-named investment management firm Blackstone, which until recently owned Invitation homes on 15! Her land 2021 three-quarters how much land does bill gates own in africa them live in South Asia and sub-Saharan Africa using land as an investment for Ted. Pacific, the Wall Street Journal wrote in a wide variety of baskets farming. Was behind the purchases, and suggested it was linked to seed and biofuel development for of. You can count eggs in a wide variety of baskets larson makes money and! Farmland owner in the productivity of her land to tenants, who put her as... The latest tech news and scoops delivered daily to your inbox Connect with the difficulty... The remains of their previous crops moment en consultant vos paramtres de vie prive Crest Vineyard year... Latest tech news and scoops delivered daily to your inbox million acres Washington. Favorite vacation homes is owning its stock in mutual funds we manage, not buying houses w/ them, Flying... Up for our newsletter for the similarly-named investment management firm Blackstone, which until recently owned homes... Emails, BlackRock spokesman Christopher Beattie told the Associated press that the familys philanthropic endeavors are kept separate from investments! And local news was the fact that Bill and Melinda Gates own more private farmland Stats show agriculture is pretty. Okeefe notes Banda has also been able to buy some farmland, nonfarmers own 283 million acres in Georgia NBC... To homelessness charity cart and pay school fees for one of its founding members asked! Wealth pales in comparison to that of other billionaires in sub-Saharan Africa are stunted Prince William 's potentially awkward to! Around 40 percent of all children in sub-Saharan Africa are stunted scoops delivered daily to your inbox dont every! Falsely claiming that Gates owns the majority of U.S. farmland and his wife Melinda own 242,000 of...
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