Bill Gates is now the largest owner of farmland in the US

I'd hate to her caught short on that walk.

 

Its just wrong that some people can own so much land while others cannot afford to rent.

 

Not necessarily.

Probably true in many cases and not true in many cases. But not true as a blanket assertion, imo.

 

I am a bit of a commie. Take from the rich and redistribute to the poor - needs to be done every 100 years or so.

 

OK, the 100 years is up @Terry_w. Hand it over. Now!

 

I am not rich. Investing to help yourself retire on a modest passive income is one thing, but being too greedy and creating wealth for the sake of getting richer and richer is a different thing.
Does Bill really need all those acres?

 

But in reality you'll probably be retiring on a lot more money than probably 99% of the world population.

Is that fair?

 

Not even $1.2M in assets? You get a Pass in that case. Don't give up though.

Need to find a heart so I can feel sadness for those in need.

 

Yes.

I plan to die with zero.

 

Awesome.

Sounds like Bill plans to give most of it away to charity.

Bill Gates reveals the 2 reasons he's giving away his $90 billion fortune

 

Its interesting that he is giving it all away while also accumulating more.

 

I would hazard a guess it has something to do with climate change.

There is a doco on Netflix about climate change, and Bill is on there. All about regenerative farming and how it stores carbon in the ground. By pulling the carbon out of the atmosphere and storing it in the ground he and scientists believe it will reduce global warming and have a positive impact on climate change.

 

Spoiler: Zero?

Or

Spoiler: Zero?

 

There's pros and cons to Gates.

The donations from billionare entrepreneurs often sound impressive to us mere mortals but in light of their immense wealth they look rather modest. Gates says he has donated $2 billion of his own money to combating climate change but when you consider he's worth $124 billion that contribution is minor considering the focus he has on the issue.

He's also been criticised by those in the renewable energy field for not focusing enough on solar and wind; easy to think of these as unchanging and stagnant technologies but they are anything but given their scale and evolution in the last 10 years.

That said, Gates is investing his time and brand in promoting the issue, and he has put his money and time towards a lot of other good causes through the Bill & Melinda Gates foundation. If I'm not mistaken both he and Warren Buffett plan to relinquish most of their wealth to these kinds of causes upon their passing.

I think this criticism is warranted. Mind you, I'd rather an influential billionare who takes 2 steps forward and one back on issues than the ones who contribute nothing and even shuffle backwards on everything. Take Rupert Murdoch, I'd be surprised if the man has never shed a cent to anything other to himself in his whole existence. He has, in fact, contributed his energies to destroying the planet and eroding the very values that made western society great in the first place.

 

So ? Just Virtue signaling ! Australian have been doing it for 30year enabled by the advent of glysophate.. Just No Till farming given another name. I know the guys who invented it. Americans are 50 years behind when I was there in the 1980's. Nitrogen fixation was a new revolutionary idea, though it had been used in Australia for 50 years.

 

So you would prefer they couldnt afford to eat too ,and have less money for rent like their comrades. Economy of scale and people willing to invest and take risk is what puts affordable food on the table at affordable prices. The technology needed for sustainable farming is only sustainable at scale if food is to be affordable. Nothing stopping abled bodied people getting off their butt and buying land and getting ahead with application and mindset.

 

I don't know how this relates to my post or how you came to this conclusion from my post.

 

Potential reasons
One of the reasons behind Gates’ farmland investments could be the rise of Agtech, which is the use of technology to improve agriculture. With Agtech, the agricultural industry can become more efficient and productive, while reducing costs and environmental impact. Gates, being a technology enthusiast, might see this as an opportunity to invest in the future of agriculture and contribute to solving some of the pressing issues facing our planet.

The Growing Demand for Plant-Based Protein
As the world’s population continues to grow, so does the demand for protein. Traditional animal agriculture is resource-intensive and has a substantial environmental impact. There is a growing trend towards plant-based protein sources, which are more sustainable and environmentally friendly. Gates has expressed his support for plant-based meat substitutes, and his farmland investments may be a strategic move to secure resources for future protein production.