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Gates owns 17,940 acres in Illinois, the report also states. According to some scientific estimates, there may be only 1.7 trillion barrels of oil in the world today. By the time it was sold to the Canada Pension Plan Investment Board in 2013, AgCoA ranked as one of the leading institutional owners of row-crop farmland in the United States. In 2020, Gates made headlines for becoming the largest private farmland owner in the U.S. Microsoft co-founder Bill Gates is well known for his philanthropy and his crusade against climate change. Cascade Investment began purchasing farmland in significant strides in 2013. 1,539.24 acres of farmland in Champaign County for at least $16,959,677 between 2015 and 2019. Adding to the confusion, Blackstone was once a major investor in BlackRock, but sold off its stake in the 1990s. Responding to the question, Hey Bill! In 2006, he helped launch TerraPower, a company developing a new type of compact, ultra-safe nuclear reactor. North Dakota AG Clears Farmland Purchase Tied to Bill Gates - US News Another main feature of the Big Bet is the implementation of the culmination of the Gates Foundations research: specialized GMO seeds for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant. Sales of more than a thousand acres are blue-moon events, OKeefe noted, so this one stood out. The nearby community of Buckeye has grown more than tenfold in the last 20 years. So I took a look at Dun & Bradstreet. 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. a Reddit user asked. buying an increasing share of the U.S. housing market. Meanwhile, Chinese owners currently control more than 192,000 agricultural acres in the US, worth $1.9 billion, including land used for farming, ranching and forestry, the Agriculture Department told Politico last year. Join our newsletter to stay up to date on the latest offers from Land Income. This half-billion-dollar figure corroborated the AgCoA acquisition, and the paper trail led directly to Cascade Investment LLC. In 1998, when he was the toast of Wall Street, the telecom cowboy paid British Columbias Woodward family the astronomical sum of $73 million for Canadas largest ranch: 500,000-acre Douglas Lake, a 22,000-head cattle operation. In 2018, when 100 Circles sold, it was even better. How about Google Maps? Gates who stepped down from day-to-day involvement with Microsoft in 2008 has long been looking for ways to help the worlds poorest and to address the planets environmental challenges. Anyone who has ever studied the Columbia River Basin knows that the tillable acreage there is coveted ground, a geologic wonder. In the past 20 years, the foundation has grown to hold over $48 billion. It has been said that farmers can't afford to be pessimists. This is a sponsored promotion for the AcreTrader platform. One of the most telling moments in the field that summer came when a soil scientist by the name of Alan Busacca grabbed a shovel and stepped into a 10-foot trench that had been ripped open on the farm by a Caterpillar 336.