Who Owns More Farmland: Bill Gates Or Farmland Partners?
Portfolio Pulse from Chris Bibey
Bill Gates, through Cascade Investment, owns approximately 242,000 acres of farmland across 19 states, making him the largest private owner of farmland in the U.S. In comparison, Farmland Partners Inc. (NYSE:FPI), the largest farmland REIT in the U.S., owns and manages a combined total of 178,216 acres of farmland. Gates owns about 63,800 more acres than Farmland Partners.
December 20, 2023 | 6:00 pm
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Farmland Partners Inc., with a market cap of $637.629 million, is the largest farmland REIT in the U.S. but owns less farmland than Bill Gates, with 178,216 acres to his 242,000 acres.
The article compares the farmland ownership of Bill Gates and Farmland Partners Inc. While it highlights that Gates owns more farmland, this information does not directly affect the operational or financial aspects of FPI. Therefore, the short-term impact on FPI's stock price is likely neutral, but the comparison could be of interest to investors considering the scale of farmland ownership.
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