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-Land of the Free
Bill Gates wins legal approval to buy huge swath of North Dakota farmland worth $13.5M after outcry from residents who say they are being exploited by the ultra-rich
2022-07-02
[Daily Mail, where America gets its news]
  • Bill Gates has secured legal approval for his North Dakota farmland purchase

  • Gates' firm, Red River Trust, purchased 2,100 acres in the state for $13.5 million

  • But the deal drew scrutiny under a 1932 anti-corporate farm ownership law

  • Now state AG says the deal is legal, because the land will be leased to farmers

  • Gates is the largest single owner of US farmland, with some 270,000 acres
Related:
North Dakota: 2022-06-30 Ghislaine Maxwell may do time at celeb jail that housed Teresa Giudice, Lauryn Hill
North Dakota: 2022-06-25 Purchase of prime North Dakota farmland tied to Bill Gates sparks outrage
North Dakota: 2022-06-23 Trust 'linked to Bill Gates' is asked by North Dakota AG to explain how it got 2,000 acres of land worth $13.5M near Canadian border when state law puts limits on who can own ranches
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