Bill Gates just won legal approval to buy 2,100 acres of North Dakota farmland worth $13.5M

[mahatmakanejeeves]

MoneyWise

Bill Gates just won legal approval to buy 2,100 acres of North Dakota farmland worth $13.5M — and people are ‘livid’ about it all across the state

Jing Pan
Tue, July 5, 2022, 5:02 PM

Bill Gates made his fortune in tech, but he’s now betting big on something completely different: farmland.

Last week, Gates secured the legal approval for purchasing 2,100 acres of farmland from northeastern North Dakota potato growers Campbell Farms.

Of course, this isn’t first time Gates has invested in the asset class. Having amassed nearly 270,000 acres of farmland across dozens of states, Gates is already the largest private owner of farmland in America.

Let’s take a closer look at the approval.

{snip}

[harumph]

1. 2100 acres really isn't that much.

I looked into the article and missed what 'people' are livid. This purchase is a nothingburger - but important inasmuch as
climate change will make good farmland very valuable.

[randr]

2. Agree, not a lot of land at all

People reacting to the man himself are likely maghats.

[niyad]

4. Did you miss the part about the 270,000 acres he already owns?

[Achilleaze]

3. "All your land are belong to me." - The Billsternaire (R)

[rsdsharp]

5. Ah, he's a picker. Ree Drumond's husband Ladadog, and his brother,

own 400,000 acres. Technically, the Drummond land and Cattle Co. own it, but they are the company.

It’s so much easier to be a Pioneer Woman when hubby is worth $200 million.