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Bill and Melinda Gates own 70,000 acres of farmland in Concordia Parish, Louisiana

Posted on 5/4/21 at 2:39 pm
Posted by Fun Bunch
New Orleans
Member since May 2008
115473 posts
Posted on 5/4/21 at 2:39 pm
quote:

Bill and Melinda Gates own nearly 70,000 acres of farm and timberland in Louisiana. They bought some from George Soros.

What happens to the land now that the couple of 27 years is getting divorced?


Pay article from NOLA.com

quote:

The most famous and by far wealthiest farmland owners in sparsely populated Concordia Parish are getting a divorce.

Bill Gates, one of the most powerful billionaires in the world and founder of tech giant Microsoft, and wife Melinda are ending their 27-year marriage, the two tweeted in unison on Monday.

Ownership of Angelina Plantation Farms, which sits among three wildlife areas in Monterey with a view of Bayou Cocodrie, and other property has been a rather open secret familiar to those who live in the area, masked by a web of affiliated businesses.

Through them, Gates has been a major landowner in Louisiana since 2017, acquiring portions of property that previously had at least two well-known owners: hedge fund billionaire George Soros and former WorldCom leader Bernard J. Ebbers.


Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 5/4/21 at 2:40 pm to
We need a Cajun navy task force to infiltrate and investigate the property. Call em Shrimp Team 6
This post was edited on 5/4/21 at 2:41 pm
Posted by Salmon
On the trails
Member since Feb 2008
83523 posts
Posted on 5/4/21 at 2:41 pm to
I hope all the unvaccinated vermin enjoy their camp in Concordia Parish
Posted by 0x15E
Outer Space
Member since Sep 2020
12612 posts
Posted on 5/4/21 at 2:41 pm to
quote:

Call em Shrimp Team 6


What happened to Shrimp Teams 1-5?
Posted by Fun Bunch
New Orleans
Member since May 2008
115473 posts
Posted on 5/4/21 at 2:41 pm to
They get excellent 5G in that area I bet
Posted by Salmon
On the trails
Member since Feb 2008
83523 posts
Posted on 5/4/21 at 2:42 pm to
quote:

They get excellent 5G in that area I bet


but without their chips, its wasted on them
Posted by WaWaWeeWa
Member since Oct 2015
15714 posts
Posted on 5/4/21 at 2:42 pm to
quote:

What happened to Shrimp Teams 1-5?


They are working night shift at the plant
Posted by Chad504boy
4 posts
Member since Feb 2005
166135 posts
Posted on 5/4/21 at 2:42 pm to
quote:

Bill and Melinda Gates own 70,000 acres of farmland in Concordia Parish, Louisiana
Posted by longhorn22
Nicholls St. Fan
Member since Jan 2007
42286 posts
Posted on 5/4/21 at 2:42 pm to
welp
Posted by Winston Cup
Dallas Cowboys Fan
Member since May 2016
65489 posts
Posted on 5/4/21 at 2:43 pm to
rerouting the Mississippi through morgan city

Posted by LSUfanNkaty
LC, Louisiana
Member since Jan 2015
11096 posts
Posted on 5/4/21 at 2:44 pm to
I'll take things that make you go "hmmmmm" for 800
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70869 posts
Posted on 5/4/21 at 2:45 pm to
quote:

Angelina Plantation Farms


Posted by GREENHEAD22
Member since Nov 2009
19583 posts
Posted on 5/4/21 at 2:51 pm to
The whole parish is owned by OOS investors. I can think of 2 other pieces of similar sized owned by big $.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84831 posts
Posted on 5/4/21 at 2:56 pm to
So what’s the prevailing theory about why this particular area is being owned by these power players?
Posted by Salmon
On the trails
Member since Feb 2008
83523 posts
Posted on 5/4/21 at 3:00 pm to
quote:

So what’s the prevailing theory about why this particular area is being owned by these power players?


camps...its always camps

but really, rich people have been investing in land since the idea of buying land came into existence

its almost always a positive investment

if I was a billionaire I'd own millions of acres
This post was edited on 5/4/21 at 3:03 pm
Posted by Lsuhoohoo
Member since Sep 2007
94368 posts
Posted on 5/4/21 at 3:03 pm to
quote:

So what’s the prevailing theory about why this particular area is being owned by these power player



Can't speak to why the particular area but my own speculation on why Gates is buying up farmland has something to do with creating an alternate, plant based food supply. Think "cows are climate change. Don't eat beef".
Posted by Fun Bunch
New Orleans
Member since May 2008
115473 posts
Posted on 5/4/21 at 3:04 pm to
Right, they have so many companies and investments at that level of wealth, they likely don't even know all of the companies and land they own.
Posted by Jebadeb
Member since Oct 2017
4747 posts
Posted on 5/4/21 at 3:05 pm to
I heard they bought it as a means to preserve the land, but who really knows?
Posted by GREENHEAD22
Member since Nov 2009
19583 posts
Posted on 5/4/21 at 3:05 pm to
He is about to make more billions by selling it to the Gov who are going to GIVE it to aspiring back farmers.

This is not a joke, look it up.
Posted by IceTiger
Really hot place
Member since Oct 2007
26584 posts
Posted on 5/4/21 at 3:10 pm to
quote:

Salmon
I hope all the unvaccinated vermin enjoy their camp in Concordia Parish


Bill, is that you? Enjoy your pie!
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