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Bill Gates buys another tens of millions of dollars of farmland and has become the “number one landlord” in the United States

Microsoft founder Bill Gates today received legal approval to buy 2,100 acres of North Dakota farmland worth $13.5 million, according to the Associated Press. Earlier, Bill Gates’ purchase of farmland has caused dissatisfaction among local residents and led to the intervention of the state’s top prosecutor.

Bill Gates buys another tens of millions of dollars of farmland and has become the “number one landlord” in the United States

In a letter to Bill Gates, North Dakota Attorney General Drew Wrigley wrote: “We need to confirm how your company uses the land and whether it complies with any statutory exceptions, such as whether the land is used for business. Purpose”.

Previously, Bill Gates has purchased nearly 269,000 acres (about 1.63 million acres) of land in more than a dozen states in the United States, which accounts for almost 1% of the agricultural land in the United States. The largest private owner of farmland in the United States, the “number one landowner” in the United States, is about 70,000 acres higher than the second-placed Ted Turner (about 424,000 acres). According to data released by the 2021 Land Report Top 100, the land purchased by Bill Gates includes 242,000 acres (about 1.469 million acres) of farmland, 1,234 acres (about 7,490 acres) of recreational land and 25,750 acres (about 150,000 acres) acres) and are transitioning from farmland to residential and commercial use. The North Dakota acquisition will bring its total land holdings to more than 270,000 acres, an area roughly the size of Hong Kong and the size of three Berlins.

IT House understands that many farmers have expressed buy ios installs unease since reports indicate that Bill Gates owns such a large amount of land. And in response to Bill Gates’ “Ask Me Anything” (AMA) online Q&A on Reddit on how to use the farmland, Bill Gates said: “My investment team bought the farmland. Farmland ownership is Diversified, and we buy less than 0.1 percent of all farmland in the U.S. in total. We invest in farmland to increase yield. Some farmland close to cities may end up being used for other purposes.”

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Bill Gates buys another tens of millions of dollars of farmland and has become the “number one landlord” in the United States

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