Renewable energy company Savion has an option to buy the property for what is being called Oak Run Solar Project, according to Madison County property records. There are many good reasons to protect the land in Northwest Arkansas. It also helps protect working farms and beautiful scenery. How many cows can you have per acre in Arkansas? Farmland Owner, Extensive Land Holdings In Arkansas and Louisiana, (Video) Here is Why Bill Gates Is The BIGGEST Farmland Holder In The US WORTH $690.000.000 DOLLARS, (Video) Why Bill Gates Is Buying Up U.S. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2020 Arkansas Money and Politics. What Is The Arkansas State Income Tax Rate For 2022? John MaloneThe largest landowners in the United States are John Malone, the Emmerson Family, Ted Turner, the Reed Family, and Stan Kroenke. Last year, Bill and Melinda purchased a sprawling beachfront 6-bedroom, 4-bath home in Del Mar, Californiaoutside of San Diegofor $43 million. What percentage of Arkansas is farmland? After buying it for $2 million in 1988, Gates spent $63 million and seven years in building the 66,000 sq ft estate. John Malone 2.2 million acres John Malone, who has been nicknamed the Cable Cowboy for his telecommunications ventures, is the single largest landowner in the United States with 2.2 million acres of land. In 2018 Gates reportedly bought about 16,000 acres in his home state of Washington, including a 14,500-acre tract in the Horse Heaven Hills region that was purchased for nearly $171 million from an insurance company that had paid $75million for it in 2010. How do preservations help with green infrastructure? Will Bill Gatess green tech initiatives ever intersect with his growing agricultural empire? The Gates family owns 47,927 acres in Arkansas, according to the Land Report. However, his largest land holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres), Nebraska (20,588 acres), Arizona (25,750 acres) and Washington state (16,097). Ken-Matt Martin will join the theatre this summer as the new The post Changes Coming to Arkansas Repertory Theatre for 2024 Season appeared first on AMP. Bill and Melinda Gates Own 70,000 Acres of Louisiana Farmland; What Happens to It in Their Divorce? Benzinga does not provide investment advice. The alluvial soils of the vast Arkansas and Mississippi river valleys are some of the most productive agricultural soils in the state. Gates and his wife Melinda own a total of 268,984 acres of land, most of which includes the farmland, along with 25,750 acres of transitional land and 1,234 acres of recreational land. The Truth About Why Bill Gates Keeps Buying Up So Much Farmland, The U.S. For more information, please see our CTEH has added Michael McCoy to its team of toxicology experts. Darren lives in Portland, has a cat, and writes/edits about sci-fi and how our world works. However, his largest land holdings are in Louisiana (69,071 acres), Arkansas (47,927 acres), Nebraska (20,588 acres), Arizona (25,750 acres) and Washington state (16,097). Best known as the co-founder and former CEO of Microsoft, Bill Gates now lays claim to a new title: the biggest farmland owner in the United States. 23. 18. The land holdings are worth more than $US690 million ($906 million), a fraction of his estimated $US128.1 billion net worth. All rights reserved. Morgan Ortagus explains. These states . "That was a virus that I got from Ted Turner. The land trusts service area includes 13 counties. Bill Gates is America's biggest farmer with 269000 acres farmland which is visible from space. The organization purchased the land thanks to a grant from the Walton Family Foundation. The biggest chunks of Gates' holdings are in Louisiana and Arkansas, where he owns 69,071 acres and 47,927 acres, respectively, the outlet's research found. 11. How much is an acre of farmland in Arkansas? Ag Briefs: Bill Gates owns most farmland in U.S. - Wisconsin State Farmer That works out to about $11,790 per acre . Read also:Homebuilders Are Throwing Money At Buyers At A Furious Pace Just To Close A Sale, Data Finds. Bill and Melinda Gates, pictured at The Elysee Palace in 2017 where they received the award of Commander of the Legion of Honor, are now the biggest owners of farmland in the US, a new report revealed, The tech billionaire has quietly bought up 242,000 acres of farmland in 18 states - and 268,984 of multi-use land in 19 states in total, making him the biggest agricultural landowner in the US, though far short of the biggest overall landowner in the country, In 2018, a 'Louisiana investor', later revealed to be Gates, paid $171 million for a large swath of farmland in the Horse Heaven Hill, making it one of the largest real estate transactions in recent memory, In 2014, Gates reportedly purchased more than 4,500 acres in Suwannee County, Florida, for nearly $28 million. Thousands of Arkansas state employees will receive a 2% cost-of-living wage and salary adjustment, a raise the states governor says is necessary because, Yearly Imports In 2021 the top import origins of Arkansas were China ($3.34B), Canada ($1.07B), Mexico ($841M), France ($807M), and Vietnam ($529M). In his position, Ali is responsible for the overall administration and management of Arkansas Federals branch locations, in northwest Arkansas, The post Arkansas Federal Credit Union Hires Sultan Ali as VP of Retail Operations appeared []. This land helps to provide habitat for wildlife and preserve historical sites. How much land does McDonald's own? In Nebraska where he owns 20,000 acres, it is used for soybeans. Last year, Cascade Investment made a second major investment in Arizona by acquiring more than 2,800 acres known as Spurlock Ranch in Buckeye for $25 million, that could be built out to include 8,500 homes. According to the Tri-City Herald, 14,500 acres of Eastern Washington farmland was recently sold to the couple for almost $171 millionthats nearly $12,000 an acre. However, his largest land holdings are in Louisiana (69,071 acres), Arkansas ( 47,927 acres), Nebraska (20,588 acres), Arizona (25,750 acres) and Washington state (16,097). Clinton Airport to Offer Nonstop Flights to New Cypress Cold Storage Breaks Ground on New Springdale Arkansas Federal Credit Union Hires Sultan Ali as CTEH Hires Senior Toxicologist, Promotes Four to Senior Changes Coming to Arkansas Repertory Theatre for 2024 Arkansas MLK Commission to Host 30th Anniversary Vigil, https://www.youtube.com/watch?v=1XmgMiPuYm4, Clinton Airport to Offer Nonstop Flights to New York, Cypress Cold Storage Breaks Ground on New Springdale Facility, Arkansas Federal Credit Union Hires Sultan Ali as VP of Retail Operations, CTEH Hires Senior Toxicologist, Promotes Four to Senior Roles, Changes Coming to Arkansas Repertory Theatre for 2024 Season, Click Here To View All AY Media Group Publications. Green infrastructure includes wetlands, greenways, and other natural areas. The financial crisis later in that same decade prompted an explosion of investments into farmland when monetary safe havens became scarce. It's amazing how you can spend your entire life living with plants and animals, but still know so little about them! Bill Gates reveals reasons behind massive farmland purchases