The Gates family’s biggest holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres), and Nebraska (20,588 acres), the report said. Their farmland is held both directly and through Cascade Investment, a firm controlled by Gates to manage his investments, according to The Land Report.
What is the best state to buy farm land?
State Rankings
| OVERALL RANK | State | Overall Score |
|---|---|---|
| 1 | Kentucky | 53.14 |
| 2 | Oklahoma | 52.55 |
| 3 | North Dakota | 52.52 |
| 4 | Texas | 52.45 |
How much farmland does Bill Gates currently own?
While he doesn’t currently own the most amount of private land in America, Gates’ farmland portfolio now accounts for 2% of the total land in the United States of America. Many people wonder why Bill Gates would make these moves with his investment portfolio.
How to determine the income from farmland purchase?
Sometimes farmland will be purchased as an investment and rented to a tenant operator. The simplest way to estimate income from renting land is to look at current cash rental rates for farms of similar quality in the same geographic area.
How big is a farm in Washington State?
Browse Land And Farm for farms, ranches and rural real estate for sale in Washington, including farms currently listed for sale in the Evergreen State. There is 100,000 acres of farms for sale in Washington based on recent Land And Farm data.
How much is a farm in New York worth?
Browse Land And Farm for land and rural real estate for sale in New York, including farms currently listed for sale in the Empire State. With an average price of $1.1 million, the total value of over 29,220 acres of farms recently listed for sale in New York was $223 million.
