And he tried to hide his purchase, through a batch of shell companies.
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Why Bill Gates is Now the Biggest US Farmland Owner
- Thread starter 300 H and H
- Start date
And he tried to hide his purchase, through a batch of shell companies.
jimbo
Bronze Member
That Gates is investing in farm land is neither not well known nor any kind of a surprise. Farmland is a good investment if you have the cash, and Bill has the cash..
I agree farm land can be a good investment over a long term.
Maybe tax advantages for his heirs?
I would be interested in knowing what the longer term idea is. Bill is not a young man anymore.
Regards, Kirk
Maybe tax advantages for his heirs?
I would be interested in knowing what the longer term idea is. Bill is not a young man anymore.
Regards, Kirk
jimbo
Bronze Member
Bill is 20 years younger than I am and I don't consider myself old.
i would guess over the long term his plan s leaving it as is and renting it out.
Bill is controversial. He makes some not so mainstream comments about world population, and climate change.
This of course has some worried about what he might be up to.
But in the end I suspect your correct in your analysis.
Land is the one thing they aren't making more of. I wish I had the money to invest in acreage.
I wonder how much of the land these megalomaniacs is buying qualifies for the Federal CRP program. We the taxpayers are probably paying them money just for them to sit their and grow their net worth.
The system is broken.
I wonder how much of the land these megalomaniacs is buying qualifies for the Federal CRP program. We the taxpayers are probably paying them money just for them to sit their and grow their net worth.
The system is broken.