The fourth richest person in the world and a self described nerd, Bill Gates, mostly known for his programming skills who spent more time sitting infront of the computer rather than playing outdoor sports in his early teens. Has recently secured 242,000 acres of farmland across the U.S— enough to make him the top private farmland owner in America.
The land report revealed, After years of reports that he was purchasing agricultural land in places like Florida and Washington, Bill Gates, who has a net worth of nearly $121 billion according to Forbes, has built up a massive farmland portfolio spanning 18 states. His largest holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres) and Nebraska (20,588 acres). Additionally, he has a stake in 25,750 acres of transitional land on the west side of Phoenix, Arizona, which is being developed as a new suburb.
Gates is not the only billionaire on The Land Report’s list of top private farmland owners. Wonderful Company cofounders Stewart and Lynda Resnick (net worth: $7.1 billion) ranked number three with 190,000 acres.
While Bill Gates may be the country’s biggest farmland owner, he by no means is the largest individual landowner. In its list of 100 top American landowners, The Land Report gives the top spot to Liberty Media Chair John Malone, who owns 2.2 million acres of ranches and forests. CNN founder Ted Turner ranked number three with 2 million acres of ranch land across eight states.