According to The Land Report, the tycoon owns land in 18 states of the American country.
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January 15, 2021 2 min read
- The tycoon owns land in 18 states and his largest holdings include Louisiana with 27,952 hectares, Arkansas with 19,395 hectares, and Nebraska with 8,331 hectares.
According to research conducted by the outlet, the billionaire has quietly bought around 97,934.32 hectares of farmland, although that has not been his only investment in land. Gates apparently also owns transitional and recreational lands.
The tycoon owns land in 18 states and his largest holdings include Louisiana with 27,952 hectares, Arkansas with 19,395 hectares, and Nebraska with 8,331 hectares.
The Land Report explains that the lands are in the hands of Gates through Cascade Investments, a company that he uses to control his investments.
Through his Bill and Melinda Gates Foundation, the billionaire donated just over $ 300 million with the goal of promoting sustainable agriculture in parts of Africa and Asia.
Although Gates is the largest farmland owner in America, John Malone takes the place of the largest landowner in the country with 890,308 hectares of land.