Business
January 16, 2021
Bill Gates becomes largest farmland owner in US
Source: Flickr (Greg Rubenstein)
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The Gist
Gates and his wife now own over 240 000 acres of farmland in 18 states.
The List
- Gates also owns tens of thousands of acres of transitional land that are being turned into suburbs.
- While Gates is known for his philanthropy, his purchase of land is believed to be a strategic, for-profit investment as it was done through an investment firm.
- It is not clear what exactly the farmland will be used for.
- Bill Gates is currently the 4th richest person in the world, with a net worth of over 130 billion USD.
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