Who really owns American farmland?

Author: Madilyn Kling  |  Last update: Saturday, November 20, 2021

People own most farmland. Some 2.6 million owners are individuals or families, and they own more than two thirds of all farm acreage. Fewer than 32,500 non family held corpor ations own farmland, and they own less than 5 percent of all U.S. farmland. Farmland owners hold an aver age of about 280 acres each.

Who owns the most US farmland?

Bill Gates is America's biggest owner of private farmland, and his 242,000 acres could be split in his divorce. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found.

What foreign country owns the most US farmland?

Canadian investors hold the largest share of this land, at 29 percent, with the Netherlands, Italy, Germany, and the United Kingdom collectively owning another 33 percent. The remaining 38 percent is held by entities from almost a hundred other countries.

Does China own American farms?

By the start of 2020, Chinese owners controlled about 192,000 agricultural acres in the U.S., worth $1.9 billion, including land used for farming, ranching and forestry, according to the Agriculture Department. ... It's also a small percentage of the nearly 900 million acres of total American farmland.

How much of U.S. property is owned by China?

The share of Chinese investors in the U.S. real estate market remained somewhat constant until 2018 when it hovered at around 15 percent, before dropping to 11 percent in 2019. In 2019, Chinese nationals purchased 19 thousand properties in the United States, generating about 13 billion U.S. dollars in sales .

What’s The State Of Farming In America? | Sunday TODAY

Does Bill Gates own farmland?

Bill Gates uses farmland as investment vehicle, owning 269,000 acres of land. ... The billionaire couple, in less than a decade, have accumulated more than 269,000 acres of farmland across 18 states, more than the entire acreage of New York City.

Did Bill Gates buy farmland?

On Tuesday, NBC News reported that the Gateses had acquired more than 269,000 acres of farm in the United States in the past 10 years. ... Land Report, the outlet that named Gates the top private farm owner, notes several other families that claim well over 100,000 acres.

Why does Bill Gates own so much farmland?

Why are you buying so much farmland?” posed by one Reddit user, Gates indicated that seed science and biofuel development were major drivers of the acquisitions. “My investment group chose to do this. It is not connected to climate,” he wrote. “The agriculture sector is important.

How many acres of US farmland does China own?

As of December 2019, according to U.S. Department of Agriculture (USDA) data, Chinese agricultural real estate holdings in America totaled about 78,000 hectares – or 780 square kilometers. That is about 0.02% of America's roughly 3.6 million square kilometers of total farmland.

Is Bill Gate and wife divorced?

Bill Gates and Melinda French Gates are officially divorced following 27-year marriage. Bill Gates and Melinda French Gates have dissolved the marriage they established in 1994. They did not file a separation contract with a Washington state court.

How much farmland does Warren Buffett Own?

On October 14, 1983, they had a son, Howard Warren Buffett. Buffett currently resides in Decatur, Illinois, from where he oversees a 1,500-acre (6.1 km2) family farm in Pana, Illinois and three foundation-operated research farms, including over 1,500 acres in Arizona, and 9,200 acres in South Africa.

Is farmland a good investment 2020?

Not only is farmland a good investment in an inflationary environment — farmland also provides robust average annual returns. Between 1992 and 2020, farmland provided average annual returns of nearly 11%, including income and price appreciation. ... Farmland looks even better on a risk-adjusted basis.

How many acres of land does Jeff Bezos own?

Amazon founder and CEO Jeff Bezos is not only one of the richest men in the world, with a net worth of $190 billion at the time of this writing, but also he is one of the biggest private landowners in the United States. Bezos owns 420,000 acres.

How much farmland does the LDS Church own?

Agriculture. The Mormon Church reportedly owns over 1 million acres in continental America on which it runs farms, ranches, orchards, and hunting preserves. It also owns farmland in Australia, the U.K., Brazil, Canada, Argentina, and Mexico.

Does Bill Gates Own McDonald's?

Bill Gates Is McDonald's Potato Farmer (and His Farms Can Be Seen From Space) 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. ... Gates apparently also owns transitional and recreational lands.

Who is the largest landowner in the world?

1. Roman Catholic Church: 70 million hectares. The largest landowner in the world is not a major oil magnate or a real estate investor. No, it's the Roman Catholic Church.

Which person owns the most land in the world?

#1 Queen Elizabeth II

With her 6.6 billion acres, Elizabeth II is far and away the world's largest landowner, with the closest runner-up (King Abdullah) holding control over a mere 547 million, or about 12% of the lands owned by Her Majesty, The Queen.

How much land does the Ford family own?

#11 The Ford Family owns 625,000 acres

Data published with permission from The Land Report.

Do farmers get a tax break?

California, like every other state, offers property tax breaks for agricultural land. Specifically, farmers are able to take 20 to 75 percent off their property tax bill if they agree not to develop their land for ten years and do so with at least 100 acres.

How do farmlands make money?

Ways to Make Money Off Your Land Almost Immediately
  1. Rent plots to groups looking to build a community garden. ...
  2. Start blogging about your newest farming adventures. ...
  3. Sell local honey at farmers markets. ...
  4. Sell plant seeds online. ...
  5. Offer indoor or outdoor storage. ...
  6. Create fishing lakes or ponds for local fisherman or groups to rent.

Is agricultural land worth buying?

Usually, agricultural land is considered a good investment for high net-worth individuals and for those with surplus income. For salaried or self-employed individuals, living in cities, going through all this process will be time-consuming and tiresome.

Is Bill Gates buying up farmland in the US?

Bill Gates made headlines for becoming the largest private farmland owner in the U.S. He had accumulated more than 269,000 acres of farmland across 18 states in less than a decade, shielding his purchase by buying up land through shell companies.

Is Howard Buffett Warren Buffett's son?

Howard Buffett, son of billionaire investor Warren Buffett, was awarded Colombian citizenship for his philanthropic work in the South American nation.

Does Bill Gates own land in Nebraska?

Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. Nebraska has the third-most Gates-owned farmland in the nation. Louisiana is the top state. Bill Gates owns this land just west of Malmo, Nebraska, which he rents to a local farmer.

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