If for something he is known worldwide, Bill Gates is for being the co-founder of the Microsoft company. But now, through a question and answer session on a Reddit forum, he has offered more details on another side of him: buying farmland.
Habitually, billionaires’ investments span multiple domains such as real estate, space sector … But at the beginning of the year very surprised when it became known that Gates uses a part of his fortune to acquire land for agriculture in the United States.
Around 98,000 hectares
As reported by the media The Land Report, the businessman and his wife have become the main private owners of US farmland by area. Specifically, they are attributed about 98,000 hectares distributed by Illinois, Iowa, Louisiana, California and a dozen states.
Although his investment jumped to the media at the time, the marriage did not confirm the news. But Gates himself has revealed the reason for this investment after a user’s question via a Reddit forum: it does per recommendations of your group and is not related to your fight against climate change.
The seeds, key
In that sense, the philanthropist delved into the importance of the agricultural sector for future challenges as the deforestation, solve the famine ravaging Africa or the need for advance in search of alternative forms of fuel.
“With more productive seeds we can avoid deforestation and help Africa to deal with the climatic difficulties they already face. It is not clear how cheap biofuels can be, but if they are cheap they can solve the emissions from aviation and trucks.” Gates pointed out.