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    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

    Onitsha River Port receives first container barge for 2025 season

    Onitsha River Port receives first container barge for 2025 season

    JAMB sets 150 as cut-off mark for 2025/2026 university admissions

    WAEC releases 2025 WASSCE results, how to check yours

    President Buhari commissions the new US$100m Ultra-modern MMIA Terminal

    Festus Keyamo – Our Plans for the Murtala Mohammed International Airport Lagos

    Weekly Market Report: NGX rose 0.48% as Conoil shareholders lose 18.89%

    Conoil Plc reports 88.8% drop in profit to N900 million in H1 2025

    Brent crude oil price rise above $70 on OPEC projections

    OPEC+ agrees to increase oil production for September

    Nigeria to concession Enugu, Port Harcourt and three other airports

    Federal Government approves 30-year concession for Enugu Airport

    • Nigeria
    • Africa
    • World
  • Economy
    • All
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    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    Buhari says Nigeria security and economy improved during his tenure

    Buhari says Nigeria security and economy improved during his tenure

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    Resolutions passed at Jaiz Bank’s 13th Annual General Meeting

    Resolutions passed at Jaiz Bank’s 13th Annual General Meeting

    UPDC REIT declare N0.16 dividend for 2022 Financial Year

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    MTN Nigeria announces changes in leadership roles

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    Bosquet Investments Ltd acquires 21.22% stake in Ecobank

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    Industrial & Medical Gases Nigeria Plc to issue share bonus to shareholders

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    STANBIC IBTC ETF 30 announces ₦3.144 interim Dividend

    CAP Plc Shareholders approve N2.10kobo dividend per ordinary share for 2020 financial year

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    The Nigerian Exchange records impressive performance in H1 2025

    Cryptocurrency: XRP hits new All-Time High at US$3.65

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    NGX suspends trading in the shares of four listed companies

    Banking stocks plunge after CBN suspends banks under regulatory forbearance from paying dividends

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

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    NGX Daily Equities Market Report: Market gains for third consecutive days

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

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Bill Gates is now the biggest farmland owner in U.S.A

Friday, 15 January 2021, 9:08 pm
in News, World
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Bill Gates is now the biggest farmland owner in U.S.A
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Bill Gates, the founder of Microsoft and his wife now owns more farmland in the United States of America than any other person, according to Land Report.

The Land Report researchers concluded that Gates and his wife, Melinda own 242,000 acres of farmland. They own roughly 52,000 more acreages than the Offutt family, who sit at No. 2 on Land Report’s list of families who own the most farmland in the U.S.

According to The Land Report, the Microsoft co-founder owns farmland across 18 states, with the largest holdings being in Louisiana (69,071 acres), Arkansas (47,927 acres), Arizona (25,750 acres), Nebraska (20,588 acres) and Washington state . Gates also owns a stake in more than 24,800 acres of transitional land outside of Phoenix.

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A Tri-City Herald report on the 2018 purchase of 14,500 acres of farmland in Benton County, Wash. — for a staggering $171 million — is what set The Land Report into digging further into Gates’ holdings.

According to Land Report’s research, Gates and his wife had hired former Putnam Investments bond fund manager Michael Larson in 1994 to help them diversify their personal assets.

These investments included a stake in AutoNation, the Charles Hotel in Cambridge, Mass., the Four Seasons in San Francisco and upward of 100,000 acres of farmland in various states, Land Report Said, citing a 2014 profile of Larson in the Wall Street Journal.

Since the early 2000s, Gates and his wife have made the foray into the agriculture space through numerous investments to support farmers in the developing world.

The Bill & Melinda Gates Foundation launched a new nonprofit group a year ago focused on providing small-scale farmers in developing countries with the tools and innovations they’ll need to deal with the effects of climate change. Bill & Melinda Gates Agricultural Innovations, or Gates Ag One for short, is headquartered in the greater St. Louis metropolitan area and is focused on smallholder farmers in sub-Saharan Africa and South Asia.

By; Nnamdi M.

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