1. Bill Gates becomes the number one landowner in the United States?
According to US media reports on the 6th local time, Microsoft founder Bill Gates recently received legal approval, allowing him to purchase North Dakota 2,100 acres (approximately 12,747.598 acres) of farmland worth US$13.5 million. He had previously caused dissatisfaction among local residents by purchasing farmland. After the state's top prosecutor intervened, he said the transaction complied with relevant laws.
reported that in the past ten years, Bill Gates and his ex-wife Melinda purchased a total area of more than 270,000 acres (approximately 1,638,980 acres) of farmland in 19 states in the United States, which is equivalent to the size of Hong Kong. So far, Bill Gates has become the largest private farmland owner in the United States, but these lands may be divided after his divorce.
According to The Washington Post reported earlier, Gates’ company Red River Trust purchased two villages from Campbell Farms, a wealthy potato grower in northeastern North Dakota, for a total of $13.5 million. An area of 2,100 acres (approximately 12,747.598 acres, 1 acre is approximately 6 acres) of land.
In response to this, Bill Gates responded to how the farmland is used during the "Ask Me Anything" online Q&A event on Reddit, "My investment team bought the farmland. Farmland ownership is diversified, and we The purpose of investing in farmland is to increase production. Some farmland close to cities may eventually be used for other purposes. ”
2. What does Bill Gates want to do with his large-scale land purchase?
We have seen that Bill Gates has become one of the largest landowners in the United States. Many people will be surprised, what is Bill Gates doing? Is it possible that he should follow the example of those wealthy people in ancient China who, after making money, must buy land to show off their wealth? Where is the logic in this?
First of all, for Bill Gates, the core reason why he bought so much land is inseparable from his own investment values. As we all know, after Bill Gates left Microsoft, he actually devoted all his energy to He has invested in philanthropy in his own foundation . Therefore, under such circumstances, Bill Gates has always said that he must continue to work hard on philanthropy and make great efforts to promote philanthropy. development, and even invited Warren Buffett to join his charity. Therefore, in this context, the core reason why Bill Gates purchased a large amount of land is inseparable from his own philanthropy.
Secondly, before Bill Gates came, he had a clear research project, which was to promote changes in the land market and agricultural production. Therefore, Bill Gates’s current purchase of a large amount of land should be based on certain market choices in agricultural production cities. Promote your own development by selecting good market products. For example, Bill Gates' previous large-scale planting of potatoes was actually a process of experimenting on his own. Bill Gates has wanted to continue to provide more and better products and more and better services to mankind through charity over the years, so in Under such a general background, purchasing land is undoubtedly to grow more food and to develop one's own biological industry. Therefore, for Bill Gates, land is not actually a component of an asset. It's more of a use value than an investment value.
Third, we have observed that in recent years, as long as Internet entrepreneurs who have done well, after developing to a certain stage, they more or less like to make a difference in the agricultural market. This is because agriculture is indeed a very critical industry. The Chinese say that food is the most important thing for the people. We have always been a big agricultural country, and agricultural production is very important to all countries. Bill Gates promotes land acquisition on a large scale. In fact, the purpose should be more. Making a difference in the agricultural field and wanting to better promote the development of agriculture through some of your own actions may be what Bill Gates is most concerned about.
Therefore, Bill Gates’ purchase of land is completely different from what we understand every day. We must understand the logic of Bill Gates’ purchase of land before we can understand Bill Gates’s every move.
