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Farmer Bill Gates gonna lose the farm?
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redwngr
Posted 5/5/2021 09:04 (#8988435 - in reply to #8987285)
Subject: The land is only a tiny tiny fraction of their net worth.


SW Ont
Fun with math?


https://www.dw.com/en/bill-gates-buys-big-on-a-farmland-shopping-spr...(%E2%82%AC590%20million).

They figure he is the 49th largest landowner.
Somewhere around 224,000 acres

Value of the land holdings around 700 Million
(around $2900/acre)

Net worth is around 130 Billion
130,000,000,000 / 700,000,000 x 100% = 0.0054%

The land is about 1/2 of 1% of their net worth.


They can certainly afford to buy much much more.

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