Bill Gates
According to the Associated Press, the widely reported acquisition of 2,100 acres of North Dakota farmland by Gates’s RED RIVER TRUST for $13.5 million sparked an investigation by the state’s attorney general into whether or not the sale by Campbell Farms violated North Dakota’s anti-corporate farming law. In conclusion, Attorney General Drew Wrigley issued a letter saying the transaction complied with the law, which prohibits corporations or limited liability companies from owning farmland or ranchland but allows individual trusts to own the land if it is leased to farmers. There was one minor detail omitted in this storyline: Bill Gates’s Red River Trust already owned more than 3,000 acres of North Dakota farmland prior to the Campbell Farms purchase.
Rank:
#41
Total Acres:
275,000
Bill Gates
According to the Associated Press, the widely reported acquisition of 2,100 acres of North Dakota farmland by Gates’s RED RIVER TRUST for $13.5 million sparked an investigation by the state’s attorney general into whether or not the sale by Campbell Farms violated North Dakota’s anti-corporate farming law. In conclusion, Attorney General Drew Wrigley issued a letter saying the transaction complied with the law, which prohibits corporations or limited liability companies from owning farmland or ranchland but allows individual trusts to own the land if it is leased to farmers. There was one minor detail omitted in this storyline: Bill Gates’s Red River Trust already owned more than 3,000 acres of North Dakota farmland prior to the Campbell Farms purchase.
Rank:
#41
Total Acres:
275,000
Articles Featuring Bill Gates
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The Magazine Of The American Landowner
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Articles Featuring Bill Gates
New York City native Kathryn Hall, 13, competes in the Winter Equestrian Festival in Wellington [...]
It wasn't two years ago that every media outlet known to man was clamoring over one [...]
The world’s only private ski-and-golf community has sought bankruptcy protection. The Yellowstone Club, an exclusive [...]
The Magazine Of The American Landowner
Please sign me up to receive breaking news and updates from The Land Report:
