Bill Gates , Faces Scrutiny After Massive , Purchase of Land in North Dakota.
Bill Gates , Faces Scrutiny After Massive , Purchase of Land in North Dakota.
'Newsweek' reports that Bill Gates' purchase of a large patch of land in North Dakota has sparked fury and questions about the Microsoft billionaire.
'Newsweek' reports that Bill Gates' purchase of a large patch of land in North Dakota has sparked fury and questions about the Microsoft billionaire.
Last week, Gates reportedly
purchased 2,100 acres
of farmland in North Dakota.
He has already
amassed almost 270,000 acres
of farmland in the United States.
Gates is the largest private, owner of farmland in the U.S.
On June 30, North Dakota's attorney
general approved Gates' $13.5 million bid
to purchase the land from Campbell Farms.
According to North Dakota Agriculture
Commissioner Doug Goehring, the news
has drawn concerns from locals. .
The deal also
sparked criticism online.
Bill Gates just bought 2,100 acres
of farmland in North Dakota, adding
to the 270,000 acres he inexplicably owns
throughout the U.S. ...and no one
seems to care. Why do we allow this?, Charlie Kirk, founder and president
of Turning Point USA, via 'Newsweek'.
Bill Gates just bought 2,100 acres
of farmland in North Dakota, adding
to the 270,000 acres he inexplicably owns
throughout the U.S. ...and no one
seems to care. Why do we allow this?, Charlie Kirk, founder and president
of Turning Point USA, via 'Newsweek'.
Others online questioned
Gates' motivation to
purchase such massive
swaths of farmland.
'Newsweek' suggests that farmland
is a sought-after financial asset that consistently
increases in value due to the constant demand for food. .
News of the purchase comes as the world faces potential food shortages resulting from Russia's war in Ukraine and global shipping disruptions.