The trust and Headley were given 30 days to respond to the letter. The entity shares the same address as Campbell Farms. Red River Trust filed paperwork with the office of the secretary of state of North Dakota on Feb. The land, most of which is non-irrigated, was transferred to Red River Trust on Nov. “In addition, the law places certain limitations on the ability of trusts to own farmland or ranchland,” the letter said. Wrigley wrote that these entities were also barred from “engaging in farming or ranching.” An entity with ties to Bill Gates has purchased large tracts of farmland in Pembina County, North Dakota. A 2020 article by NFU Mutual Charitable Trust claimed that Headley once headed an entity called “Cottonwood,” which was described as an “ag-investment platform” for Bill and Melinda Gates.Įarlier this week, North Dakota State Attorney General Drew Wrigley wrote a letter to Red River Trust, care of Headley, notifying it that corporations and limited liability companies were “prohibited from owning or leasing farmland or ranchland in the state of North Dakota.” The trustee of Red River Trust is Peter Headley, who identifies himself on his LinkedIn page as head of agriculture investment management at Investment Management Co. NY Post Gates is said to own nearly 270,000 acres of farmland nationwide. Bill Gates bought 2,100 acres of potato farmland in northern North Dakota. The Microsoft co-founder is considered the largest private owner of farmland in the country with some 269,000 acres across dozens of states, according to last year’s edition of the Land Report 100, an annual survey of the nation’s largest landowners. Gates, the billionaire tech mogul and philanthropist whose net worth was pegged by Bloomberg at $113 billion, has quietly amassed nearly 270,000 acres of farmland across the country, according to the Associated Press. “Those people are upset, but there are others that are just livid about this.” “I’ve gotten a big earful on this from clear across the state, it’s not even from that neighborhood,” said Goehring. North Dakota Agriculture Commissioner Doug Goehring told KFYR that public reaction to the purchase has been largely negative. Public records cited by AgWeek show that the Gates-linked Red River Trust bought the farmland from the owners of Campbell Farms, a potato farming group that is headquartered in Grafton, North Dakota, which is about 50 miles from the Canadian border. LinkedIn billionaire visited Jeffrey Epstein’s private island, planned to visit NYC mansionīill and Melinda Gates gush over new grandbaby in separate photosīill Gates says AI-powered ChatGPT as important as ‘PC, internet, mobile phones’Īn entity with ties to billionaire Bill Gates bought 2,100 acres of potato farmland in northern North Dakota - prompting the state’s top prosecutor to intervene after complaints from local residents.
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