where is bill gates' farmland in michigan where is bill gates' farmland in michigan

Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. Any why now after years of massive success? The figure is far below the total area of U.S. farmland. to not use their land, is working towards their real agenda. This article was produced by the Reuters Fact Check team. Nov 14, 2022. Why did he decide to buy in Amish Country? In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland, the letter said. What special interest does Bill Gates have in farmland? Why am I just learning about this NOW?. Bill Gates just bought 2,100 acres of farmland in North Dakota, adding to the 270,000 acres he inexplicably owns throughout the US China also just bought 300 acres there, adding to the 192,000 . It reported that as of 2022, Gates owned about 248,000 acres of farmland. During his 11th appearance in the "Ask Me Anything" . Washington, DC Gates' achievement, according to the report, is that he's largest private owner of farmland in the US. Is this just a regular investment move, made on a large scale? Bill Gates just bought almost 3,000 more acres of farmland in North Dakota, a purchase that was eventually cleared by the North Dakota Attorney General even though it raised numerous questions about his intentions and why he has been buying up over a hundred thousand acres of American farmland. About 350,000 acres of the U.S. government land in Hawaii were kept for military installations and national parks. The tweet had gathered over 215,000 likes at the time of writing. Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions, such as the business purpose exception, so that we may close this case and file it in our inactive files, the letter added. The total portfolio of farmland is worth well over $700 million. In January 2021, Bill Gates became the largest owner of farmland in the United States. With over 242,000 acres of farmland, Bill Gates is America's biggest farmland owner, and his ownership may be connected to climate change and plant-based meat substitutes. More than 58 million birds in hundreds of commercial and backyard flocks have been affected since the bird flu outbreak began in February 2022, the Agriculture Department estimated. Bill Gates is buying up the majority of American farmland and BlackRock is buying the majority of single-family houses but I'm supposed to believe the biggest threat to us is Elon Musk buying Twitter? one Twitter user wrote (here). "Our office needs to confirm how your company uses this land and whether this use meets any of the statutory exceptions," the letter said. An entity linked to billionaire Bill Gates has reportedly purchased 2,100 acres of potato farmland in northern North Dakota angering local residents. Claims online that billionaire Microsoft co-founder Bill Gates owns the majority of U.S. farmland and that BlackRock, the worlds largest asset manager, owns the majority of U.S. single-family houses are factually inaccurate, according to industry data and spokespeople for Gates and BlackRock. Snopes and the Snopes.com logo are registered service marks of Snopes.com. Farmland REITs have a high degree of correlation with the overall stock market, and returns tend to be lower than less liquid farmland investments. However, this practice of buying up agricultural land predates Bill Gates and has been a popular investment for the super-rich since at least the early 2000s. Donald Trump is back on Twitter, thanks to Elon Musk. That makes him the largest landowner in the U.S. Stats show agriculture is a pretty good investment for billionaires. Real estate investors overall have also been increasingly targeting single-family homes. Top editors give you the stories you want delivered right to your inbox each weekday. a Reddit user asked. Other noteworthy farmland investors include Ted Turner and Thomas Peterffy. 420,000 acresBill and Melinda Gates prior to their divorce accumulated roughly 270,000 acres of farmland in less than a decade. The Agriculture Department estimates there are more than 895 million acres of farmland in the U.S., making Gates share 0.028%. The billionaire is one of the founders of the Giving Pledge, which asks the world's wealthiest people to give away most of their fortunes to charitable causes. Starting in 2013, Gates began investing his billions (through the firm Cascade Investment) in agriculture because of its steady increase in value and low volatility. So why does Bill Gates, and other billionaires like him, keep buying up so much farmland? Drinking or using tap water treated with chlorine is dangerous because chlorine is a poison., Obama imposed stricter rules on trains carrying toxins. Roman Catholic Church: 70 million hectares The largest landowner in the world is not a major oil magnate or a real estate investor. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. The No. Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? Social media post scrambles the facts on high egg prices," Jan. 13, 2023, Various searches on Google and Nexis, accessed Jan. 24, 2023, The Land Report, "Farmer Bill," Jan. 11, 2021, The Land Report, "Bill Gates is About to Change the Way America Farms," Winter 2020 magazine issue, The Land Report 100, Winter 2021 magazine issue, The Land Report 100, Winter 2022 magazine issue, Email exchange, Eric OKeefe, editor, The Land Report, Jan. 23, 2023, Email exchange, Gates Ventures, Jan. 24, 2023, GatesNotes, "Future of food," March 18, 2013, GatesNotes, "What the plow and lab-grown meat tell us about innovation," Feb. 27, 2019, GatesNotes, "Is there enough meat for everyone?," April 21, 2015, GatesNotes, "Why I would raise chickens," June 7, 2016, U.S. Bureau of Labor Statistics, "Consumer Price Index," Jan. 12, 2023, U.S. Department of Agriculture, "Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022," Jan. 11, 2023, U.S. Department of Agriculture, "2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks," Jan. 18, 2023, U.S. Department of Agriculture, "Avian Influenza," Jan. 18, 2023, U.S. Department of Agriculture, "Farms and Land in Farms, 2021 Summary," February 2022, Reddit, Bill Gates Ask Me Anything, March 19, 2021, Bill & Melinda Gates Foundation, "Agricultural Development," accessed Jan. 24, 2023, Associated Press, "Bill Gates owns a lot of American farmland, but not the majority," May 2, 2022, Vox, "The controversy over Bill Gates becoming the largest private farmland owner in the US," June 11, 2021, NBC News, "McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland," June 8, 2021, Reuters, "Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses," May 5, 2022, CNBC, "Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future," March 23, 2018, CNBC, "Bill Gates bets on growing demand for sustainable foods," May 14, 2015, Bloomberg News, "Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. The buyer, Red River Trust, is tied to Bill Gates, the largest farmland owner in the US. Another main feature of the Big Bet is the implementation of the culmination of the Gates Foundations research: specialized GMO seeds for different crops that have been gene edited to be pest-proof, flood proof, disease proof, and climate change-resistant. It was a cold January day in 2021 when Eric O'Keefe, editor and founder of The Land Report, walked up to the podium at the Land Expo in Iowa and announced Bill Gates as America's largest individual farmland owner.He learned this after investigating Gates' purchase of the 100 . A spokesperson for Gates also told Reuters the claim that Gates owns the majority of U.S. farmland was false, pointing to the USDA figures. These posts were flagged as part of Instagrams efforts to combat false news and misinformation. Farmland Riches, LLC and the owners may have investments in companies represented on the AcreTrader platform. What Bill Gates has to do with livestock, lab-grown meat, Eggflation? No, its the Roman Catholic Church. While viral conspiracy theories baselessly conjecture that Gates is buying up farmland in order to starve Americans for some unknown reason, there's likely a simpler explanation: Gates makes money off this land. Prior to this in 1999, Bill sold off tons of Microsoft stock to diversify. As per the report, the Gates have their own land in at least 18 American states. Bill Gates is Americas biggest farmer, his 269000 acres farmland grows potatoes and carrots. Of those states, Gates owns the most land in Louisiana, where he is proprietor of more than 69,000 acres. Since his divorce, it is unclear how the assets were split up between the couple. While Microsoft took a major hit in the tech crash of 2000, Bill Gates portfolio with Cascade would gain around 40% return in that same year. Prime soils and the moderating, Best Strip Clubs For 18 And Over in Detroit, Michigan. TheNew York Post reportsthat public records recently cited by AgWeek reveal that an entity called Red River Trust with links to billionaire Bill Gates recently purchased 2,100 acres of potato farmland in northern North Dakota, prompting state officials to intervene after complaints from local residents. How Long Can You Be Held Without Bond In Michigan? Over time, Gates sold personal stock in Microsoft and. This article Bill Gates Finally Explains Why He's Buying So Much U.S. However, the Gates Foundation has been largely transparent at every level of their operations from their objectives, means, successes, and failures. Social media post scrambles the facts on high egg prices, Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage, Bill Gates is About to Change the Way America Farms, What the plow and lab-grown meat tell us about innovation, Avian influenza outbreaks reduced egg production, driving prices to record highs in 2022, 2022-2023 Confirmations of Highly Pathogenic Avian Influenza in Commercial and Backyard Flocks, Bill Gates owns a lot of American farmland, but not the majority, The controversy over Bill Gates becoming the largest private farmland owner in the US, McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland, Fact Check-Bill Gates doesnt own most U.S. farmland; BlackRock doesnt own most houses, Bill Gates and Richard Branson are betting lab-grown meat might be the food of the future, Bill Gates bets on growing demand for sustainable foods, Lab-Grown Meat Backed by Gates, Tyson Foods Faces U.S. Accessed 28 Apr. AcreTrader is one of the most well-established farmland crowdfunding platforms out there. Although Gates owns these farms, he isnt changing their practices. Satellites are on balloons and not in space.. Supreme Court just voted to ban condoms., Says Ukrainian President Volodymyr Zelenskyy said he wants Americas sons and daughters to go die in Ukraine., In Ohio, there are 75,000 acres of farmland, fertile farmland, that are all now being poured down with acid rain., Muslims by the millions are converting to Christianity.. Gates believes that subsistence farmers and impoverished peoples will be among the most affected by climate change. Those people are upset, but there are others that are just livid about this.. Deals are highly vetted with around a 1% acceptance rate, You pick and choose what specific farms you want to invest in, Investors do not have access to a secondary market yet, so you should be familiar with the time horizon. Bill Gates owns a ton of farmland in the United Statesas in, about 270,000 acres. It has also funded myriad research facilities and humanitarian operations, focusing on overcoming diseases, climate change, agricultural research, and health and nutrition in underdeveloped areas. Chinas American agricultural land holdings have increased over tenfold in the last decade, and at the beginning of 2020, investments from China held $2 billion of American agricultural land. In fact, Gates is the owner of over 270,000 acres of farmland, which is worth over $700 million! Perhaps Bill Gates is looking to test out his GMO seeds. (here). If Not for Climate, Then Why Is Bill Gates Buying so Much Farmland? AFN, 27 Aug. 2021, https://agfundernews.com/gates-if-not-for-climate-then-why-is-bill-buying-up-so-much-farmland. AREA 8 CASH CROPS AND DAIRY Area 8 is the leading cash crop area in Michigan. In 1994, Bill Gates opened up his family office, Cascade Investment LLC, with trusted wealth manager Michael Larson. According to O'Keefe, Gates isn't the only one making moves on the farmland market, especially as farm real estate value s nationwide increased 7% from 2020 to $3,390 per acre. Plum Creek, headquartered in Seattle, Washington, is the largest private landowner in Michigan after purchasing 650,000 acres in 2005. All rights reserved. Bill Gates Today, Bill Gates owns 242,000 acres of farmland in 19 states. Alongside his investments, Gates has also purchased farmland in at least 19 states, according to The Land Report. Don't miss real-time alerts on your stocks - join Benzinga Pro for free! "In terms of the very rich I think they should pay a lot more in taxes and they should give away their wealth over time. Pregnancy tests include a hidden Plan B pill. The $13.5 million sale in November of roughly 2,100 acres in the northeast corner of the state was first sleuthed and reported by AgWeek's Mikkel Pates earlier this month. Invitation Homes, for example, has approximately 80,000 homes for lease across the country and is the largest landlord for single-family homes in the United States (here) (here). Social media posts blame Gates investments in plant-based meat alternatives and his status as the nations largest private farmland owner for triggering the countrys current chicken and egg shortages. State law prohibits corporations, LLCs, and trusts from farming or ranching activities. Microsoft founder and billionaire turned philanthropist Bill Gates recently laid the long-time conspiracy theory that he owns some 80% of all U.S. farmland to rest in . There were 895.3. In fact, in June of 2022 he secured an additional 2,100 acres of farmland in North Dakota for roughly $13.5 million. 2021. He recently tried to explain why, and it was a little hard to follow. During the COVID-19 pandemic, vaccine-hesitant Americans were inundated with false rumors claiming that Gates was putting microchips into vaccines, that he was working on a mind-altering vaccine, that Gates had input tracking devices into vaccines, and that he once called for vaccinations as a way to depopulate the planet. The other major crops oats and forages are mostly fed to livestock on farms in the area. Bill left most of his professional work at Microsoft at this time to work with Melinda and the foundation. Data gathered by The Land Report and NBC News show that their land holdings range from 70,000 acres in north Louisiana, where their farmland grows soybeans, corn, cotton and rice, to 20,000 acres . He owns significantly more farmland than Minnesota's Offutt family and California's Resnick family, which each own 190,000 acres and rank second equal on the list. We may earn commission if you buy from a link. And many of the American farms Gates owns specialize in produce, such as onions, carrots and potatoes, NBC News reported in 2021. On social media, we found people claiming, for example, that Gates owns the "majority" of U.S. farmland -- 80%, they claimed -- and that Gates is trying to buy up "all" of the farmland. According to OKeefe, Gates isnt the only one making moves on the farmland market, especially as farm real estate values nationwide increased 7% from 2020 to $3,390 per acre. In a statement to Reuters, editor of The Land Report and author of the article published by the outlet on farmland owned by Gates, Eric O Keefe, called the claim absurd.. As more investors look to buy land, those who got in earlier are poised to benefit from the appreciation of the land value. By Rebecca . Bill Gates, the billionaire founder of Microsoft, has been revealed as the biggest private owner of farmland in the US, after buying up 242,000 acres in 18-states. Using those figures, Gates would own about 0.027% of U.S. farmland. Owning farmland is one of the most prudent financial investments to make now. Conservatives are vowing to never drink Heineken again after it was recently revealed that billionaire Bill Gates acquired a minority stake in the popular brewing company. Hes also written about the need for more ways to produce meat without depleting environmental resources. he has consistently made investing choices that brought him unusual and incredible returns, and this has brought him great wealth when others made the wrong fiscal moves, and lost much. Though the Gates Foundation has spent so much time and resources on helping humanity more than any other private entity in history the sheer power their enterprise wields has drawn the attention and fear of many. Other examples can be seen (here), (here). Now Chinese companies and businessmen are planning to make their home in the United States. Table of Contents show Our only agenda is to publish the truth so you can be an informed participant in democracy. Gates and his wife, Melinda, own 242,000-acres across the U.S., according to The Land Report.. Gates' farmland includes 69,071-acres in Louisiana, 47,927-acres in Arkansas, 25,750-acres in Arizona, and 20,588 in Nebraska, and property in 14 other states, the magazine reported. Former Microsoft CEO Bill Gates owns a majority of America's farmland. Bill Gates is best-known for cofounding Microsoft, but he's also a major US landowner, having bought 275,000 acres of farmland. These rumors, like the present rumor about Gates buying up the majority of farmland in the United States for nefarious purposes, are all false. In Washington, the duo owns more than 14,000 acres of farmland that includes potato . Just over 70% of these were owned by individual investors. Social media post scrambles the facts on high egg prices, Gateway Pundit, "Bill Gates Invested In Artificial Eggs a Decade Before Egg Shortage," Jan. 24, 2023, PolitiFact, "What Bill Gates has to do with livestock, lab-grown meat," May 18, 2020, PolitiFact, "Eggflation? Bill Gates does not own the majority of U.S. farmland. Why Bill Gates Keeps Buying Up So Much Farmland, 60 Scientists Are Trying to Block the Sun, Your Privacy Choices: Opt Out of Sale/Targeted Ads. I had heard this in the past, but didn't give it much thought. In addition, he owns 25,750 acres of transitional land and 1,234 acres of recreational land for total land holdings of 268,984 acres. How old do you have to be to strip? China has steadily accumulated U.S. Treasury securities over the last few decades. American Homes 4 Rent holds around 57,024 single-family properties (here). Try the tool that will help you invest smarter, faster, and better. Returns from farmland have actually outpaced the stock market in recent years with significantly less volatility. Breitbart News previously reported that Gates is Americas largest private owner of farmland. St. Petersburg, FL Gates does not own anywhere close to the majority of America's farmland. stated on February 26, 2023 a video on Facebook: stated on February 15, 2023 a photo on Facebook: stated on January 29, 2023 a video on Facebook: stated on February 5, 2023 an Instagram post: stated on January 27, 2023 a video on Facebook: stated on January 22, 2023 an Instagram post: stated on January 16, 2023 a photo on Facebook: stated on January 12, 2023 a photo on Facebook: stated on November 6, 2022 an Instagram post: stated on October 26, 2022 a post on Instagram: stated on October 12, 2022 an Instagram post: stated on October 9, 2022 a Facebook post: stated on March 3, 2023 in a Conservative Political Action Conference speech: stated on February 19, 2023 in a Facebook post: stated on February 24, 2023 in an Instagram post: stated on March 2, 2023 in a speech at CPAC: stated on February 25, 2023 in a Facebook post: stated on February 22, 2023 in a Facebook post: stated on February 26, 2023 in an Instagram post: stated on February 27, 2023 in a Facebook post: All Rights Reserved Poynter Institute 2020, a 501(c)(3) nonprofit organization. It was near-perfect timing too, as 2000 would quickly see the infamous tech crash of dot com stocks. The old saying about land is they aren't making any more of it. Supply and demand? While private companies and corporations are increasing their ownership of U.S. homes, BlackRock, through its investments, does not own a majority of single-family homes. Gates-affiliated ownership covers vast swaths of farm and timberland, estimated to be 69,071 acres in all by niche land ownership publication The Land Report. Gates farmland now totals 242,000 acres. Every single Republican blocked Ketanji Brown Jacksons SCOTUS appointment.. I have invested in these farms to make them more productive and create more jobs. His 242,000 acres of farmland stretch across 18 states from Washington to Florida,. Farmland in am. We need your help. Read also:Which Billionaire Owns The Most Land In The U.S.? The state bars corporations and limited liability companies from owning or even leasing farmlands or ranches and has other limits on trusts, yet the . Some of the biggest critics of Gates have deemed his philanthropy as a budding technocracy a tyranny of experts that both centralizes power into a private corporations interests. AcreTrader has carved out a niche for themselves that has led to rapid market dominance. Bill Gates owns about 400 acres of farmland outside of Malmo, Nebraska, that he rents to a local farmer. 11 Jan. 2021, https://landreport.com/2021/01/bill-gates-americas-top-farmland-owner/. Are you ready for alternative proteins made from a volcanic microbe?," March 24, 2020, NPR, "Why Bill Gates Is Investing In Chicken-Less Eggs," June 13, 2013, CNN, "Memphis Meats raised $161 million to grow meat from cells," Jan. 22, 2020, Insider, "Bill Gates and Richard Branson backed a food startup which grows meat in labs," Aug. 23, 2017, CNBC, "How Beyond Meat became a $550 million brand, winning over meat-eaters with a vegan burger that bleeds'," Jan. 21, 2019, Quartz, "Bill Gates headlines an all-star list of investors pumping $75 million into meatless burgers," Aug. 2, 2017, CNBC, "How Impossible Burgers simple vision won hundreds of millions in funding and backing from Bill Gates," March 7, 2019, The Washington Post, "Egg prices havent come down with inflation. While Gates has spent billions investing in agricultural properties to make them more productive, a growing number of retail investors are getting a piece of the real estate market with as little as $100 through companies backed by high-profile investors like Jeff Bezos. Then, on Tuesday, the North Dakota attorney general's office sent a letter to the Red River Trust notifying a trustee, Peter Headley, of a Depression-era rule barring companies, LLCs, and trusts from farming and ranching activities in the state. He's the new MacDonald: Bill Gates owns hundreds of thousands of acres across the United States including 242,000 acres of farmland making him the country's top agricultural landholder, according to Eric O'Keefe's The Land Report. Your membership is the foundation of our sustainability and resilience. Access your favorite topics in a personalized feed while you're on the go. Tue, Feb 28, 2023 LOGIN . The publication named Gates the countrys largest private farmland owner in 2020, 2021 and 2022. One of the more colorful theories pertains to Gatess strange interest in U.S. agriculture, with rumors that the former Microsoft CEO owns upward of 80 percent of farmland in the United States. According to The Land Report, the Microsoft co-founder owns farmland across 18 states, with the largest holdings being in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588. In 2016, he wrote on his blog about the benefits of raising chickens, particularly for people living in poverty. In 2018, Michigan produced 297 million bushels of corn grain, worth $1 billion. RELATED: What Bill Gates has to do with livestock, lab-grown meat, RELATED: Eggflation? While this is certainly a lot of acreage, it represents less than 1% of all the farmland in the United States. The transitional land he owns in Arizona is reportedly being built into a suburb. Breitbart News reporter Alana Mastrangelo wrote: Gates is now America's largest private farmland owner, with hundreds of thousands of acres spanning across 19 U.S. states, according to the Land Report. How Old Do I Have To Be To Go To A Strip Club In Michigan? How many farms Does Bill Gates Own? Gates, currently the sixth-richest person in the world, has a net worth of $111 billion, according to the Bloomberg Billionaires Index. By divesting his personal wealth from his own thriving tech company, and diversifying into myriads of other non-tech based businesses, he was not only exceptionally protected against the tech crash of 2000, but made out like a bandit. Mr. Gates owns about 97,934 hectares, accounting for about 0.03% of . The tech billionaire owns 69,071 acres in Louisiana, 47,927 acres in Arkansas, and 20,588 acres in Nebraska. Some social media users are claiming recent national chicken and egg supply shortages are the culmination of a decadelong plot by Gates. In his annual Reddit AMA Wednesday, Gates was asked why he has bought so much farmland. Representatives for Gates did not immediately respond to messages from Insider requesting comment. Based on Bill Gates budding friendship with Warren Buffett, Cascade adopted much of Buffets approach to investing: invest in good companies, and hold long term to see healthy returns. Another meme circulating online reads: Bill Gates is buying all the farmland. #1. The Consumer Price Index shows chicken prices, including fresh whole chicken and fresh or frozen chicken parts, have increased 11% over the last year. I have written several articles on postings related to Big Tech, Social Media and Corporations. One such rumor claimed that there had been an unusual number of fires at food processing facilities in 2022. It is not connected to climate. Thats because the old adage goes: Buy landthey arent making it anymore. (Which volcanologists know isnt exactly true, but you get the idea). Is Gladstone Land Corp (LAND) A Good Investment? Their low fees and competitive returns set them apart from many of the other platforms out there. As per the Land report and NBC report, Gates has farmlands in Louisiana, Nebraska, Georgia and other areas. The report states that Gates has 70,000 acres of land in North Louisiana where they grow soybeans, corn, cotton. According to lovemoney.com, the church owns more than 70 million hectares. There isn't some grand scheme involved - in fact all these decisions are made by a professional investment team.". The Detroit Land Bank Authority (DLBA) is a public authority that owns and manages approximately 100,000 parcels of property in the City of Detroit making it the citys largest landowner.Detroit Land Bank Authority. Think about how much Bill Gates would have lost if he hadn't diversified in 1999. The Gates Foundation has seen steady success and growth since their launch, funding science, research, agriculture and education. His . Who owns the most land in the world 2021? Bill Gates Uses Farmland as an Investment Outlet Buying up Potato, Carrot and Onion Farms. NBC News, https://www.nbcnews.com/tech/tech-news/mcdonald-s-french-fries-carrots-onions-all-foods-come-bill-n1270033. .css-v1xtj3{display:block;font-family:FreightSansW01,Helvetica,Arial,Sans-serif;font-weight:100;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-v1xtj3:hover{color:link-hover;}}@media(max-width: 48rem){.css-v1xtj3{font-size:1.1387rem;line-height:1.2;margin-bottom:1rem;margin-top:0.625rem;}}@media(min-width: 40.625rem){.css-v1xtj3{line-height:1.2;}}@media(min-width: 48rem){.css-v1xtj3{font-size:1.18581rem;line-height:1.2;margin-bottom:0.5rem;margin-top:0rem;}}@media(min-width: 64rem){.css-v1xtj3{font-size:1.23488rem;line-height:1.2;margin-top:0.9375rem;}}60 Scientists Are Trying to Block the Sun, Particle Accelerator Reveals Beginning of Time, Earth's Inner Core Has Another Inner Core, 8 Questions About Turkey With an Earthquake Expert, Conspiracy: Blaming Weather Weapons for Earthquake, Scientists Just Discovered a Literal Hell, How the NFL Grew the Field for Super Bowl LVII, The Doomsday Clock Is at 90 Seconds to Midnight, Uh, Earth's Inner Core Just Stopped Spinning, Supercomputer: 27% of Earth's Life Dead by 2100, 20 Weird Facts About Our Lovable Planet Earth. According to the Tri-City Herald, a 14,500-acre swath of choice eastern Washington farmland in the Horse Heaven Hills of Benton County had just traded hands for almost $171 million. He owns 242,000 acres, which is equivalent to the area of Fannin County GA. Farmland has some natural built-in drawbacks for all of the built-in benefits: Just 20 years ago, it was difficult to invest in farmland if you werent already independently wealthy.