Bill Gates became a serious landowner

Bill Gates bought so much land that he became the largest landlord in the U.S., buying 98,000 acres in recent years, Forbes writes.

The billionaire owns the most land in Louisiana (27,000 acres), Arkansas (1,9,400 acres) and Nebraska (8,300 acres). And another ten thousand acres were acquired on the west side of Phoenix, Arizona, which is scheduled to become a residential area soon – writes the portal.

Gates, with assets of $ 121 billion, says U.S. interest in agriculture is not new. In 2008, the couple announced a $ 306 million grant through their foundation to help smallholders in sub-Saharan and South Asia produce sustainably.

The couple also invested in climate-resilient “super crops” as well as research into more milk-producing cows. In 2020, they founded their nonprofit, Gates Ag One, to support these goals.

Although Gates has not commented on this, Forbes is likely to pursue sustainable farming in the areas.

Source: by

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