MoneyWise

Bill Gates just won legal approval to buy 2,100 acres of North Dakota farmland worth $13.5M — and people are ‘livid’ about it all across the state

Jing Pan
Tue, July 5, 2022, 5:02 PM

Bill Gates made his fortune in tech, but he’s now betting big on something completely different: farmland.

Last week, Gates secured the legal approval for purchasing 2,100 acres of farmland from northeastern North Dakota potato growers Campbell Farms.

Of course, this isn’t first time Gates has invested in the asset class. Having amassed nearly 270,000 acres of farmland across dozens of states, Gates is already the largest private owner of farmland in America.

Let’s take a closer look at the approval.

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