Bill Gates now top US farmland owner
In total, Bill and Melinda Gates have acquired land in more than a dozen states of the US
Bill Gates along with his wife Melinda Gates are now the top farmland holders of the United States.
According to a report of Land, the couple owns around 242,000 acres of farmland throughout the US, reports Fox News.
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 US
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In total, Bill and Melinda Gates have acquired land in more than a dozen states of the US.
According to Land Report's research, Gates and his wife have made several investments in automobiles, hotels, restaurants and farmlands with their personal assets.
Although Gates is widely known as the man behind tech behemoth Microsoft, he is no stranger to agriculture.
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.
In 2008, The Bill & Melinda Gates Foundation announced $306 million in grants designed to boost the yields and incomes of millions of small farmers in Africa as well as "other parts of the developing world so they can lift themselves and their families out of hunger and poverty."
The foundation also teamed up with the Department for International Development (DFID) to support agricultural research projects in developing countries in order to help small farmers increase their yields and incomes.
Roughly a year ago, Gates created the nonprofit Gates Ag One to further their goals of supporting agriculture in developing countries.
