Monday, March 8, 2021
Sarbat Sehat 40 5

Markfed Sohna New

Verka Ice Cream

Innocent Hearts INNOKIDS Banner

Bill Gates is America’s biggest farmland owner

- Advertisement -

San Francisco, Jan 16, 2021-
Microsoft founder and philanthropist Bill Gates owns the largest chunk of private farmland in the US across 18 states, a new report has revealed.

Bill and Melinda Gates amassed 242,000 acres of land in the US, with the largest holdings in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588 acres), according to The Land report.

Bill Gates also owns a stake in more than 24,800 acres of transitional land outside of Phoenix.

Research indicated that the lands across the US is held by Cascade Investment LLC, Gates’ private investment vehicle.

“Gates also backs online used-car seller Vroom through Cascade as well as the Canadian National Railway Company,” Geek Wire reported.

According to the Tri-City Herald, a 14,500-acre swath of choice Eastern Washington farmland in the Horse Heaven Hills in Benton County has just traded hands for almost $171 million – part of Gates’ holdings.

It is unclear why Gates has invested so heavily in farmland, but it could be connected to climate change.

The Bill & Melinda Gates Foundation launched a new nonprofit group a year ago, focused on helping small-scale farmers in developing countries with the tools and innovations they’ll need to deal with the effects of climate change.

Bill Gates is currently at the third spot on the Bloomberg Billionaires Index with a net worth of $132 billion.

But even with his big new agricultural holdings, Gates still doesn’t rank in the Top 100 private landowners overall in the US, considering owners of land of all types.

The list is topped by Liberty Media’s John Malone, with 2.2 million acres of ranches and forests. Amazon CEO Jeff Bezos makes that list at No. 25 with 420,000 acres. (Agency)

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -WhatsApp 300x300 1

Stay Connected

20,437FansLike
112,826FollowersFollow

ENTERTAINMENT

Katrina Kaif looks forward in 2021

New Delhi, March 6, 2021- With game nights, workout videos and fun with family and friends, Katrina Kaif's social media platform has been followed avidly...

Elli AvrRam shot ’24 hours non-stop’ for new video ‘Fidaai’

Mumbai, March 6, 2021- Actress Elli AvRam stars in the new music video "Fidaai", which dropped on Saturday, alongside dancer-choreographer Salman Yusuff Khan. She recalls...

NCB’s 12K-page charge sheet ‘damp squib’: Rhea’s lawyer

Mumbai, March 6, 2021- Terming the voluminous 12,000-page charge sheet filed against Bollywood actress Rhea Chakraborty, her brother Showik and 31 others as "expected", their...

Bigg Boss 14 - The Latest

National

GLOBAL

OPINION

China Flag

Is China merely pressing the pause button? – by DC Pathak

At the end of the ninth round of Corps Commander level talks between India and China on LAC, the two sides announced their agreement...
Bill Gates

Target Net Zero by 2050 – By Asad Mirza

In his new book on climate change and its adverse impact in the future, Bill Gates urges everyone to remember two things: Net Zero...
Farmers Protest againt Farm Laws in Delhi

All India Kisan Agitation against 3 Farm Laws & the deadlock – by KS Chawla

Almost three months have passed since the 41 kisan unions of the country have launched agitation against the three farm laws passed by the...

SPORTS

Health & Fitness

Vegetable Plate

Is vegan diet linked to poorer bone health?

London, March 7, 2021- People consuming vegan diet may have poorer bone health, suggested a new study. In a new study, the bone health of vegans as well as people following a mixed-food diet was determined with an ultrasound measurement of the heel bone. The findings showed that people following a vegan diet had lower ultrasound values compared to the other group,...

Gadgets & Tech

error: Content is protected !!