Thursday, June 10, 2021

"McDonald's french fries, carrots, onions: all of the foods that come from Bill Gates farmland"

From NBC News:

Gates does not appear to count his farming investments as the nation’s largest farmland owner as part of his broader strategy to save the climate.

They own the soil where the potatoes in McDonald’s french fries grow, the carrots from the world’s largest producer and the onions that Americans sauté every night for dinner. But they’re far better known for their work in tech and in trying to save the climate.

Bill and Melinda Gates, who recently announced they’re getting divorced and are dividing their assets, are deeply invested in American agriculture. The billionaire couple, in less than a decade, have accumulated more than 269,000 acres of farmland across 18 states, more than the entire acreage of New York City. The farmland was purchased through a constellation of companies that all link back to the couple’s investment group, Cascade Investments, based in Kirkland, Washington....

....MORE

HT: FT Alfalfaville's Further Reading post


Previously on farmer Bill:
"Bill and Melinda Gates’ Empire of Dirt"
Following up on and contextualizing January's "Bill Gates Is Now America’s Biggest Owner Of Farmland" and yesterday's "Bill Gates and the NextGen FutureCow".

Alfalfaville credit: Bryce Elder who is is back at the paper but who has not yet been sighted in the environs of da ville.
Madness at FT Alfalfaville (but a good tip on the Bloomberg China espionage story)
Matthew Klein, Formerly of FT Alphalfaville Is Now Covering Food, Feed, and Livestock At Barron's