Why Bill Gates Is Buying Up U.S. Farmland
CNBC・2 minutes read
The top 100 private landowners in the US collectively own over 42.1 million acres, with farmland value increasing due to wealthy individuals investing in it. Around 30% of farmland is owned by landlords who lease it out rather than farm it themselves.
Insights
- The wealthiest private landowners in the US collectively own a significant portion of the country's available land, with the top 100 owning 1.86% of all land, showcasing a concentration of land ownership among the rich.
- Farmland values have been on a consistent rise since the late 1980s, doubling from the mid-1990s to 2020, indicating a trend where land ownership, particularly in the context of farmland, is increasingly becoming a lucrative investment primarily for individuals of wealth.
Get key ideas from YouTube videos. It’s free
Recent questions
Who owns the most land in America?
John Malone
Related videos
Forbes
These Are The Billionaires Buying Hawaii
politizane
Wealth Inequality in America
Earth and Space Sciences X
Environmental Science 9 (Soil Structure and Plant Growth)
Food and Agriculture Organization of the United Nations
Let's talk about soil
Toby Mathis Esq | Tax Planning & Asset Protection
How to Hide Your Home From Public Record (Remove Your Name!)