Why is Bill Gates investing so much in farmland?

American businessman, entrepreneur, CEO, investor, philanthropist, author and founder of the world’s largest and most valuable software company. So many titles like this seem like it wasn’t enough bill gatesOne of the biggest names in computer history.

This is because last year the billionaire Largest private land owner in the USA. Although unusual, so much investment doesn’t seem like just a whim to spend money. In this article from TecMundo, understand the reason for Bill Gates’ big land investments.

farmland in the usa

Farmland in the United States has become the concern of many scientists in recent years. In addition to the growth of properties acquired by Gates, The price of these areas has increased exponentially since the 90s. Here.

Buying these lands in bulk, in addition to the price that allows only those with high purchasing power to purchase, unfair competition for small and medium-sized farmers Generally.

Bill Gates: How is the Microsoft billionaire now?

The truth of these people is the truth of those who spend their whole lives cultivating and working in the fields. They have assets but no money, so in the end selling their land to very wealthy investors.

A CNBC report by Bill Gates acquired about In less than a decade, 97,933 hectares of farmland spanned 18 US states. The network also mentions other billionaires with thousands of hectares spread across the United States.

In this case, the main reason seems simple: great economic investment. The increase in the value of agricultural land per acre has been increasing since 1988. Despite some declines along the way, as in 2009 and 2016, the average price has only increased over the years.

Bill Gates’ relationship with sustainability

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The price we are talking about is an equivalence that takes into account the value of land as a food item for food production. thisas or more important than technology for the future of the planet.

But Gates’ main goal doesn’t seem to be money. The fourth richest man on the planet shows Concerns about food security and climate change.

In 2008, the Bill and Melinda Gates Foundation subsidized the development of sustainable, high-yield agriculture among smallholder farmers in Sub-Saharan Africa and South Asia. At that time, the foundation invested approximately $306 million in climate-resilient “supercrops” and higher-yielding dairy cows.

In addition, Gates’ land is owned through Cascade Investments, an investment firm that also owns Ecolab, a company fully focused on food safety.

Why is Bill Gates investing so much in farmland?

Now, by stepping outside the realm of hypotheses and entering directly into Gates’ decision, we better understand his intentions. Billionaire wrote New book titled “How to avoid climate catastrophe” and what a Reddit user was asked during the launch event reason to buy a lot of farmland.

The decision regarding investment groups is based on applied science and technology. seeds and the development of biofuels.

“My investment group chose to do this. The agricultural sector is important. With more productive seeds, we can prevent deforestation and help Africa meet the climate challenges it is currently facing. It’s not clear how cheap biofuels could be, but if they’re cheap, they could solve aviation and truck emissions.

Another intention Gates points out is, alternative water sources. He talked about the feasibility and high cost of desalinating seawater. He also commented that studying these new seeds could reduce water use in agriculture.

Is that you? What is your opinion on the purchase of a large amount of farmland by the billionaire? Do other farmland owners have the same concern as Bill Gates?