(Aug 30): Land is the investment of choice for moguls. Bill Gates has invested heavily in farmland, Benzinga said.
People have said for years that McDonald’s Corp is actually a real estate company that sells food. You might not have realized that the Catholic Church owns lots of real estate. Which of these billion-dollar entities owns more of what might be considered the most precious commodity on earth — land?
The Case for Bill Gates: Microsoft Corp co-founder is largely considered the biggest private owner of farmland in the US with nearly 270,000 acres. This number stems from last year's edition of The Land Report. It’s reasonable to assume that the purchases haven’t slowed down, Benzinga said.