Gates is circumventing a 1932 anti-corporate farm ownership law
Gates, already the largest farmland owner in the country, has secured the go ahead to buy the land for $13.5 million under his ‘Red River Trust’ company.(Click Here)
Gates is circumventing a 1932 anti-corporate farm ownership law by pledging to lease the land back to farmers after the purchase is complete.
The Daily Mail reports:
North Dakota’s Agriculture Commissioner, Republican Doug Goehring, previously said that many people feel they are being exploited by the ultra-rich who buy land but do not necessarily share the state’s values.
‘I’ve gotten a big earful on this from clear across the state, it’s not even from that neighborhood,’ Goehring told KFYR-TV. ‘Those people are upset, but there are others that are just livid about this.’
Gates now owns 268,984 of multi-use land in 19 states:
As we have previously noted, Bill Gates and other billionaires have been buying up huge amounts of farmland while Americans are being told by neo-feudalist ‘Great Reset’ technocrats that the future is one without private property.