Unresolved mystery: Why has Bill Gates quietly become the largest private owner of farmland in the United States

Credit: Daily Dot
Credit: Daily Dot

Bill Gates, the tech titan turned global philanthropist, has quietly amassed a portfolio of overย 100,000 hectares ofย farmlandย across the United States, making him the largest private owner of agricultural land in the country.

When directly questioned by users on a Reddit โ€œAsk Me Anythingโ€ forum about this aggressive land-buying strategy, Gatesโ€™s answer was uncharacteristically vague and slightly disjointed. He stated that his investment group chose to do it and that it was โ€œnot related to climate,โ€ only to immediately pivot and argue that โ€œthe agricultural sector is importantโ€ and that with more productive seeds, we can โ€œavoid deforestation and help Africa.โ€ … In practice, this means his motives are likely a complex blend of the philanthropic, the pragmatic, and the profitable.

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So, what is the endgame? The most compelling explanation may be the simplest:ย farmland is the ultimate hedge. It is a tangible, inflation-proof asset that produces an essential commodityโ€”food. In a world facing escalating climate disasters, geopolitical instability, and potential supply chain breakdowns, controlling the means of food production … makes owning tech stocks or beachfront properties seem almost frivolous.

This is an excerpt. Read the original post here

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