Another Monopoly? Bill Gates is Now America’s Biggest Farmland Owner
from 21st Century Wire:
Analysis by Dr Joseph Mercola
This article was previously published January 25, 2021, and has been updated with new information.
Knowledge is power. So is ownership, including land ownership. Did you know that Bill Gates is America’s top farmland investor? This short video reveals many of the global strategies Gates has been using to influence your health and the food supply.
TRUTH LIVES on at https://sgtreport.tv/
Through his founding of the second-largest technological company in the world,1 Gates has developed financial and influential relationships with powerful organizations responsible for many global decisions that affect your life.
Subtly, and sometimes not so subtly, his movements have grown a massive financial empire and expanded his ability to create change to support his goals. Gates is also a supporter of the “Great Reset” that promises “social cohesion, fairness, inclusion and equality,”2 while allowing elite billionaires to practice strategies that grew his and other billionaires’ wealth by 26% during the pandemic in 2020.3
In other words, while supporting Marxist principles to spread the wealth — so by 2030 you can say, “I Own Nothing, Have No Privacy and Life Has Never Been Better”4 — he is enjoying the fruits of his labor by accumulating more wealth and property, a decidedly different approach to the Great Reset he promotes.
Put plainly, the political and ideological foundations of Marxism have once again surfaced, and in some arenas, are celebrated. However, it’s vital to remember that unlike Walgreens’ advertising campaign featuring a picture-perfect town of “Perfect,”5 Marxist philosophy has created tyranny and was responsible for the deaths of more than 100 million people in the last century, as aptly described by James Bovard in USA Today.6
History is studied and shared so the mistakes of the past are not repeated. However, it’s evident there are many who have forgotten, or never learned, what resulted behind the Iron Curtain from implementing the socialist principles which now underpin The Great Reset.
The Great Reset or Fourth Industrial Revolution has strong supporters among wealthy technocrats who will not redistribute their own wealth, but will only continue to grow their financial empires as the rest of the world suffers. Indeed, 2020 has only been a taste of what could come as more people lose their jobs and financial security, while those controlling the event become wealthier.
Bill Gates Is Now the Biggest Farmland Owner
The Land Report announced that multibillionaire Bill Gates currently holds the title as America’s biggest private farmland owner. He owns 242,000 acres, nearly 52,000 more than the next largest farmland owner.7 To put this in perspective, 52,000 is equal to 39,325 football fields, including the end zones.8 His farmland (approximately 378.125 square miles) would rank in total land mass as the eighth largest city in the U.S. in 2010.9
It was Eric O’Keefe from the Land Report10 who ferreted out the story after reading that 14,500 acres of choice farmland in Benton County, Washington, had been sold for $171 million, or nearly $12,000 per acre. O’Keefe describes the area as “some of the richest farmland in the Lower 48,” that “savvy investors have been plowing millions of dollars into.”11
Although the seller was listed as John Hancock Life Insurance, the buyer was reported as a limited liability company from Louisiana. Digging deeper and engaging their research team, he discovered the paper trail led to a company managed by Michael Larson, manager of the Gates’ personal portfolio and much of the Bill and Melinda Gates Foundation for the last 25 years.
Larson primarily uses Cascade Investment LLC as the entity through which he manages their personal portfolio. O’Keefe details the sequence in which the land changed hands over 10 years. The largest single block of farmland was quietly acquired by Cascade in 2017, one year after it was purchased by a Canadian firm.12
The sale was revealed in the Canadian firm’s quarterly statement, in which they reported offloading $520 million in farmland offered in a single block. An investigative journalist ultimately found the half-billion-dollar sale led to Cascade Investment LLC.
Gates Is Not the Largest Individual Landowner
Gates owns a substantial amount of land, for a total of 268,894 acres if you count his transitional and recreational properties. But, he’s not the only billionaire who tops the Land Report list. Stewart and Lynda Resnick, co-founders of Wonderful Company, come in at No. 2, owning 190,000 acres. They use their farmland to support their food products, such as Wonderful Pistachios and Wonderful Halos Mandarin oranges.13
Gates also is not the largest individual landowner overall, as that spot goes to John Malone, chairman of the board at Liberty Media Corporation and former chief executive officer for Tele-Communications Inc.14 Malone owns 2.2 million acres of forest and ranch land; media Mogul Ted Turner owns 2 million across eight states.15
Amazon CEO Jeff Bezos is also heavily invested in land, coming in the 25th spot at 420,000 acres located mostly in Texas.16 The remaining list is filled with recognizable names, including the King Ranch, Ford family and the Kennedy Memorial Foundation.17
In addition to farmland, Cascade Investment has purchased 24,800 acres of transitional property west of Phoenix, which is poised for city expansion projected to include: “up to 80,000 homes; 3,800 acres of industrial, office and retail space; 3,400 acres of open space; and 470 acres for public schools.”18
Cascade also bought 1,234 recreational acres, making the land Gates owns through just Cascade Investment LLC at 268,984 acres. Separate from the Gates’ personal holdings is the Bill and Melinda Gates Foundation, which has no ties to Cascade, but does have a farmland initiative called Gates Ag One, which19
“… aims to speed up efforts to provide smallholder farmers in developing countries, many of whom are women, with access to the affordable tools and innovations they need to sustainably improve crop productivity and adapt to the effects of climate change.”
What Is the Leading Harvest Standard?
Although Cascade Investment has declined to make any comment on the quiet transactions through the Canadian company, they have come out in support of sustainable farming. One of the entities owned by Cascade, Cottonwood Ag Management, is an initial member of Leading Harvest, a nonprofit organization formed to advance:20
“… sustainable agriculture, providing assurance programs comprised of standards, audit procedures, training and education, and reporting and claim offerings that are optimized for flexibility, scalability, and impact.”
As O’Keefe describes it, the goal is to create a “sustainability standard that can be implemented across the greatest swath of agricultural acreage.”21 Yet, while this goal is commendable, they remain words on paper without a substantive foundation.