It has dynamic topography ranging from gently rolling to rock bluffs and outcroppings, creating numerous funnels and pinch points. Access to secure, affordable land is the biggest challenge young farmers and ranchers face in this country. Lyle Ottarson is a local judge who oversees the court hearing on the lawsuit Caroline and Larry filed to regain full ownership of the thousand-acre farm. Question 1 Great Opportunity for a 1031 Exchange, Investment or IRA/401K diversification, land bank & timber. So farmers are stuck with having to grow the same crops ad infinitum. 811 Thousand Acre Rd, Sellersville, PA 18960 $1,140,403 Redfin Estimate 5 Beds 2.5 Baths 3,295 Sq Ft Off Market This home last sold for $909,000 on Sep 6, 2012. And the pace of investment seems to be picking up. Ketchen Holdings offers the investor or buyer a portfolio of properties with recoverable natural resources. Middletown, DE 19709, Private farm venue located just minutes from Port Penn & Middletown, DE. Its reviews and deliberations are closed to the public, and decisions are handed down with virtually no transparency. Frizzell Wedding Planner Facebook-Inexpressible Moments Thousand Acre Farm Wedding Planner/DOC. Its a tenuous predicament, growing low-cost food, feed, and fuel (corn-based ethanol) on ever-more-expensive land, and it raises a host of questions. Experts are tested by Chegg as specialists in their subject area. Briefly explain the key points that Bill should make? 180 customer reviews of Thousand Acre Farm. Thousand Acre Farm Employees Size. Thousand Acre Farm, LLC Dec 2013 - May 20228 years 6 months United States Joint Owner DBS, Inc. Oct 1983 - Dec 201936 years 3 months delaware IT company providing the best of bread POS. Some act as landlords by buying land and leasing it out. Very quickly, Bill observes that Worldwide has Efforts to stop foreign land purchases could come with several challenges. We reserve any rights not explicitly granted in these Terms. The creeks are large and impressive. On the other hand, operating costs seem to be going down. Indeed, if you graph ethanol production over the past 20 years, it shows exactly the same explosive growth as land prices. (9 marks) (Total: 25 marks) Italian buyers are reported to have purchased 102,000 acres in Missouri, and New Zealand some 18,000. More. 1103 Acre Legacy Mountain Estate known as Kings Nest Ranch Ace Products is an international (These insights come courtesy of Professor Zhang. And so the real estate investment trusts, pension funds, and investment banks made their move. Contact Lynda Daring at: revld@daringcc.com + REVEREND MICHELE LOVE. grow cotton. - Smaller creeks feeding into Laurel Fork Creek Farm Ownership Loans offer up to 100 percent financing and are a valuable resource to help farmers and ranchers purchase or enlarge family farms, improve and expand current operations, increase agricultural productivity, and assist with land tenure to save farmland for future generations. - 2-30x24 +/- Cabins, 2 Bedroom with kitchen and dining room, w&d hookup, water, electric, sewer & 10x2, Keith Springs Mountain is a ridge and valley landscape with sweeping mountain views that embodies quintessential middle Tennessee scenery. On Monday, the Microsoft cofounder announced on Twitter that he and his wife, Melinda Gates, were getting a divorce after 27 years of marriage. The couple holds an extensive farmland portfolio stretching over 18 states, according to The Land Report. Take advantage of the simultaneous hunting opportunities in two states. Its a trend thats driving up costs up for the people who grow our food, andslowlyits started to change the economics of American agriculture. (Zhang tracks farmland prices, especially Iowa farmland prices, which are among the best documented in the country.). Its probably not overstating much to say that the government of China now controls more than 400 American farms consisting of a hundred thousand acres of farmland, with at least 50,000 in Missouri alone, plus CAFOs (concentrated animal feeding operations), 33 processing plants, the distribution systemand one out of every four American hogs. In the period since USDAs 2011 report, foreign investors have gone on shopping sprees in the heartland and beyond. Could investment companies become a force for a more ecological approach to agriculture? As of the start of 2020, Chinese investors owned about 192,000 acres of U.S. agricultural land valued at about $1.9 billion, according to Politico. The committee is made up of representatives from 16 government agencies, and chaired by the Secretary of the Treasury. $189,000. The Fiery Gizzard North property has beautiful bluff views and wooded seclusion adjacent to the South Cumberland State Park. If it pans out that way, Zhangs prediction is probably good news for the economy. Nokia Corporation, headquartered in Finland, is a world leader in Wildlife includes deer, turkey, and black bear, all of which you can hunt. Nearby homes similar to 1021 Thousand Acre Rd have recently sold between $228K to $565K at an average of $240 per square foot. Build your lodge overlooking the river bottom that separates the property from Big Hill State Park. We handle all the major details with our appointed professional team of vendors for your wedding. As runners-up in The Land Report's rankings, the Offutt family, whose history in farming dates back to 1964, could take Gates' crown as the largest private-farmland owner, with 190,000 acres. determined to make himself useful and to improve the way Worldwide and get all your questions answered. Melinda Gates, were getting a divorce after 27 years of marriage. Mars Sand Mountain is just what the name says. Certainly if you read some headlines in Midwestern newspapers, you might get the impression not only that theres a bubble but that it is in the process of bursting. Farmland, the. The U.S. farmland market [is] likely headed towards stabilization and potentially slightly more modest downward adjustments before bouncing back in the near future., Childhood Nutrition Reauthorization Act dies, bad grades for school lunches, and the UK bans web advertising to kids, As foreign investment in U.S. farmland grows, efforts to ban and limit the increase mount, Letter to the editor: Author responds to yesterdays column, As we breed crops to grow bigger and faster, theyre less delicious to the bees they depend on, How corporations shaped the American diet, from Jell-O to pineapple pizza, USDA fails to monitor foreign owners of farmland, From flies to maggots to animal feed: The ultimate upcycle, The hype and the hope surrounding lab-grown meat. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of The Counter. . Thousand Acre Farm is located in New Castle County of Delaware state. This is the owner. Phone Number (302) 455-8880. SOLD APR 14, 2022. Today, the United States Department of Agriculture (USDA) estimates that at least 30 percent of American farmland is owned by non-operators who lease it out to farmers. or why not? For example, the infrastructure for dealing with products other than corn or soy in Iowa, simply doesnt exist. The extensive Chinese land holdings in the U.S. have stirred calls to cut China off and stem the potential U.S. reliance on those Chinese landowners from both sides of the political aisle. years of loyal service. The royalties from natural gas and income from other revenue streams such as hunting leas, The majestic Laurel Fork Creek meanders through this stunning property. (Total: 25 marks) list of the 100 largest US landowners in 2019. Don't miss your opportunity on this investment property. Shelby County and Memphis anchor west Tennessee, Davidson County and Nashville are the hub of middle Tennessee and Knox County and Knoxville dominate east Tennessee. Monark heads to Middletown, DE to witness the beautiful waterfront venue of Thousand Acre Farms and capture the spectacular wedding of Jacqueline and Zachary. To communicate or ask something with the place, the Phone number is (302) 455-8880. as well as other partner offers and accept our. Thousand Acre Farm is a unique, rustic waterfront venue. This 110-acre farm sits along the banks of Thousand Acre Marsh, featuring picturesque views of the farm, Reedy Point Bridge and the Chesapeake & Delaware Canal. Sign up for our newsletter for the latest tech news and scoops delivered daily to your inbox. Pryor Ridge Road, Lot# WP001,Tracy City, TN, 37387, Marion County, 1495 River Lane,Waverly, TN, 37185, Humphreys County, 784 Furnace Creek Road,Mountain City, TN, 37683, Johnson County, 335 Destiny Lane,Belvidere, TN, 37306, Franklin County, Wolf Pen Road, Lot#WP001,Pocahontas, TN, 38061, McNairy County, Adams Ridge Road, Lot#WP001,Lancing, TN, 37770, Morgan County, Hargiss Cove Road,Tracy City, TN, 37387, Marion County, Doyle Road, Lot#WP001,Middleton, TN, 38052, Hardeman County, Pigeon Springs Road,Tracy City, TN, 37387, Marion County, O Stinking Creek Rd,LaFollette, TN, 37766, Campbell County, Primroy Road, Lot#WP001,Duff, TN, 37729, Campbell County, 0 Sand Gap Rd,La Follette, TN, 37766, Campbell County, 0 Stanley Creek Rd,Huntsville, TN, 37756, Scott County, Pryor Ridge Rd,Tracy City, TN, 37387, Marion County, 0 Westbourne Rd,La Follette, TN, 37766, Campbell County, 0 N of Knob Creek Road,Celina, TN, 38551, Clay County, 0 Stinking Creek Rd,La Follette, TN, 37766, Campbell County, Sheep Ranch Road,Robbins, TN, 37852, Scott County, 451 Backside Beaverdam Rd,Centerville, TN, 37033, Hickman County, Wolf Creek Rd.,Sunbright, TN, 37852, Scott County, English Mountain,Newport, TN, 37821, Cocke County. Seeking independence, they are not interested in Huge Panoramas, Rushing Creeks, Amazing Views, Towering Hardwoods But for the foreseeable future, we will not be photographing weddings at Thousand Acre Farm, have asked to be removed from their recommended vendors list, and encourage all wedding vendors and couples to not work at this venue. businesses, airlines, and state and local governments. 10,497 Acres : $71,600,000 Thats less obvious. Escape the hustle and bustle of your busy life to this oasis. And prices in Iowa seem to have ticked up slightly, though that may be justbecause farmers are holding on to their property, waiting for better prices to return; farmland for sale is in short supply in Iowa. In another variant of land investing thats become increasingly significant over the past few years, ownershipand control over the land and the food it producesgoes overseas. ethanol production over the past 20 years, it shows exactly the same explosive growth as land prices. Saudi Arabia and the UAE alone have acquired more than 15,000 acres in Arizona and Southern California to grow fodder for dairy cattle. Website Design by D3, Ocean City, Maryland, Address: Foreign investors will buy several hundred thousand acres, say in Africa, to produce palm oil, rubber, or a biofuel. Concho, AZ, 85924, Apache County. With a maximum loan amount of $600,000 ($300,150 for . Their farmland is held both directly and through Cascade Investment, a firm controlled by Gates to manage his investments, according to The Land Report. Edge of settlement location. 10-50 employees. Adam is local to Washington, DC and is currently booking 2018 and 2019 wedding photography sessions at any destination. For comparison, in the same period, the Dow Jones Industrial Average rose less than half as fast, from $2,633 to $21,476. (302) 893-3510. By 2016, the price per acre was $7,183a drop from the 2013 peak of $8,716, but still a colossal increase of, . M.C. With the Washington state acreage and other recent additions to his portfolio, O'Keefe calculated, Gates now owns at least 242,000 acres of American farmland. Property Features: There is a good gravel road for access into the property and multiple trails throughout the interior. The farm currently supports a small cattle and hay operation, with the primary use being a familys private sanctuary and recreational oasis. We shot under the bridge at the Delaware River and some of the wedding party joined us for sunset portraits which was really fun! $3200/AC FOR ALL. Mountain, 4115 acres in North East Tennessee VIEW MORE + MISSION BBQ. Heres how the Economist explained it: Institutional investors such as pension funds see farmland as fertile ground to plough, either doing their own deals or farming them out to specialist funds. (These insights come courtesy of Professor Zhang. forested and sparsely populated, it is difficult and expensive to All showings must submit a prequalification letter and are by appointment ONLY. Last Update. 2.04 acres lot - Lot / Land for sale. We may modify, suspend or discontinue any aspect of the Services at any time, including the availability of any Services feature, database, or content, or for any reason whatsoever, whether to all users or to you specifically. Katy Keiffer. Chief among them: The investment entities that own the land can control whats grown on it and how. Finance, and a Vice President of Marketing; they all report to the Officiants + LYNDA DARING. Over eight thousand continuous acres of mountain land with great road systems, ponds, streams and multiple places for homes or cabins. My second to last double of 2017 couldnt have been better! (8 marks) That sounds great if you want to sell land, as many American farmers, approaching retirement age do. The lender initiated foreclosure proceedings on these properties because the owner(s) were in default on their loan obligations. We host weddings, parties, corporate events and fundraisers. First, interest rates, since the financial crash of 20072008, have been at historic lows, which tends to drive asset prices up. We reviewed their content and use your feedback to keep the quality high. The local population reaps no benefit, they lose their farming rights, access to water, even their homes. Just 30 minutes from Wilmington, DE and Dover, DE and 1 hours from Baltimore, Lancaster, Central NJ, Ocean City MD and Philadelphia. Catering, bar, coordinator, photographer, and cake are all included as well as other great offerings. The changes also will appear in this document, which you can access at any time. Who is Thousand Acre Farms. Katy Keiffer has been in the food industry for over 30 years as a cook, butcher, publicist, and food writer. The company is an independent entity, but it has received substantial funding from the Chinese government. . - Approximately 2.5 miles of Laurel Fork Creek Already the prices are so low that farm incomes are projected to be half what they were six or seven years ago. 24 Hours (302) 893-3510. thousandacrefarm.com. It is not dependen. Call 877-821-7518 ext. system at Worldwide. 5480 Caine Rd, Pierpont, OH 44082. . 1665 ACRES, LOCATED ON THE MISSISSIPPI RIVER IN DYER COUNTY, TN. While Chinese land ownership in the U.S. is less than that of other foreign nations, the growth in Chinese land ownership is part of an overall trend in China rapidly buying up other countrys farmland over more than a decade. bringing in any outside owners. There are many stands of timber on the property as well as several ponds and a mountain creek. Contact me for pricing and information! The service requires full cookie support in order to view this website. An annual farm lease offers income to the owner and a food source for the wildlife. All rights reserved. Italian buyers are reported to have purchased 102,000 acres in Missouri, and New Zealand some 18,000. Presenting Elk Valley, 8128 acres in North East Tennessee. Founded only eight years after Texas was admitted to the Union by. While he doesn't always get the best basis of the year, he's experienced a . But farmland, which was largely held by small property owners and difficult for the financial industry to access, was largely off the table. And with a median age for the American farmer of about 55, it is anticipated that in the next five years, some 92,000,000 acres will change hands, with much of it passing to investors rather than traditional farmers. Ft. 22 Hunters, Telford, PA 18969. Is it good news for a sustainable approach to agriculture rooted in small, independent farms, enlightened farming practices, and short supply chains? About This Home Public Remarks: Lovely country farm house on approximately 6 acres in quaint village setting. Incredible Thousand Acre Farm wedding with John & Kayla and their dog Captain! (9 marks) This package gives you the freedom to choose your own vendors. See this post for the cost of on-farm vs. commercial drying. Some act as landlords by buying land and leasing it out. Lexie & Mike's Thousand Acre Farm wedding had just that and more (and by more, we mean a friendly farm cat or two ) Lexie & Mike met while both working at a local country club. And not just farmers. Land can be had for around $4,700 per acre per the USDA. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Credit Cards. Bill Chung is the recently appointed Vice President of Information Indeed, if you. Find Reviews, Ratings, Directions, Business Hours, Contact Information and book online appointment. POTENTIAL WRE AND CARBON CREDIT GROUND. Because much of Finland is heavily The panoramic views establish the perfect backdrop, particularly for your wedding or event and photos. Read more: 32 books Bill Gates thinks everyone should read if they want to get smarter about business, philosophy, and science. Great location with easy access from I24 and a short drive to Chattanooga. Offering a very diverse landscape, the property transitions 880 feet in elevation from fertile valley farmland and pastures to the top of the Cumberland Plateau with over two miles of spectacular brow views. Gates' farmland ownership isn't entirely surprising. These foreign interests are pretty smart. Farm income is the variable to track in analyzing land prices, Zhang explains. 4 Beds. 365 N . D I R E C T I O N S. Connect. Farms for sale in Tennessee can be found throughout the state, as can rural parcels that provide hunting and fishing opportunities. You may use the Services for your noncommercial personal use and for no other purpose. Thousand Acre Farm is an event venue location for events including: Private VIP Parties Weddings High School Proms Sweet Sixteen Parties Business Meetings Private or Cooperate Waterfowl Hunts. With its over nine hundred thousand acres, the King ranch spans across much of South Texas from Corpus Christi to Brownsville. As the fourth-richest man in the world, Gates' estimated net worth of $146 billion and his assets, which includes the 242,000 acres of farmland, could be split between the couple. 16 days on Zillow. This property offers multiple campsites, 18 with 50 amp electric and water, two small rustic cabins, a bath house, an office, multiple outbuildings, 2 Barns with horse stalls and tack rooms, a viewing pond, multiple flowing creeks and branches, over 100 miles of horseback riding and atv trails. of the farm and some. There were so many special little touches and intentionality sprinkle throughout the day that I felt like I kept pressing my shutter button all the time. Soil and perc tests are a must for any piece of land in the Volunteer State if you intend to build. Preserved land (deed restricted for only farming) can be as low as 3,000. We are a family owned & operated wedding event venue with a country rustic feel, and a classic romantic flair plus a touch of glam. Ginny thinks she treats her coldly out of disapproval of the way Ginny and Rose are treating their father, Larry. -, Welcome to your opportunity to own a piece of solitude in the bluffs near the Tuscumbia River. Discuss Minutes to Pigeon Forge & Gatlinburg, TN What they found was a market ready for change. So when city people look out over a farmwhether they see corn stalks, or long rows of fruit bushes, or cattle herds roving across wild grassesthe price of real estate is probably the last thing thats going to come to mind. Unlike any wedding photos I've taken by Washington DC Wedding Photographer Adam Mason . One of the best vacation markets in the country Nelda. When Abby finds a chest belonging to the previous owner of the house she employs the help of Helen Kennedy to track down the owner's son, but she soon becomes concerned about Helen's home life, especially as the Kennedy's have a young son. Quite often, civil unrest will ensue. Located on the southern end of Deep Creek Lake, Thousand Acres is over 1200 acres and is one of Maryland's most stunning and outstanding residential communities. expect to work very long hours. competition. We will miss him greatly but will continue on the legacy of his business. The deals are typically accompanied by promises of jobs, infrastructure, resource development, or just a jolt for the national economy, but all too often, those promises come to nothing. With two-thirds of our nations farmland set to change hands in the next few decades, we cannot afford to see the price of farmland driven up beyond what a working farmer can compete with.. in 2014, had outperformed most asset classes for the previous 20 years, delivering average U.S. returns of 12 percent a year with low volatility. Though Gates is the US's top farmland owner, according to The Land Report, he's far from the biggest landowner. For my first Thousand Acre Farm wedding I knew it was going to be special but I had no idea everything John and Kayla had planned. Thousand Acre Farm. It is an incredible recreation tract with multiple building sites. Browse Events . The most recent figures from USDA, dating from 2011, show that roughly 25 million acres, about 2 percent of our national total of 930,000,000 acres, are in foreign hands. Heres how the, explained it: Institutional investors such as pension funds see farmland as fertile ground to plough, either doing their own deals or farming them out to specialist funds. information. Located on the waterfront in Port Penn, Delaware, Thousand Acre Farm is a great location for your Weddings, corporate outing, family reunion or in the fall and winter waterfowl hunting. Eventually we may find that dry states must be supplied in some measure by wet states. The property has tons of marketable timber that would make a nice return on your investment. This property has the right sand for commercial sand applications. While the details of the agreement are unclear, the resulting settlement could be one of the largest ever, cementing Melinda Gates as one of the wealthiest women in the world. Chef@michaelseventcatering.com. On the other hand, operating costs seem to be going down. We do not feel her racist comments (one posted below) align with our company mission statement of Eliminate Fear, Create Connection between those divided, and help people become fulfilled in who they are and who theyre becoming. bankruptcy. C O N T A C T. Close Menu. marks) - Great internal gravel road And they favor conventional agriculturethe kind that uses the agro-chemicals, mono-cropping, and extensive tilling that continue to degrade American farmland. (302) 893-3510. The lender initiated foreclosure proceedings on these properties because the owner(s) were in default on their loan obligations. by (a) Bill needs to explain the difference between data and We have had incredible memories with great couples and are happy to shoot at other venues that align with our values. Yard. - 2-Sewage Draining Stations But from the viewpoint of sustainability, there are many disadvantages to consolidating farmland in the hands of financially oriented landlords. Here in mid atlantic, farmland is about $20,000 per acre. Companies directory >>. Almost 2000 acres this tract is ready to go. 2020 The Counter. States like Iowa have banned the sale of farmland to foreign buyers and others have laws that limit the number of acres that can legally be sold, but it can be quite tricky to tell who is doing the buying. Two Thousand Acres of Sky Season 1 (4) 2001 18+ . technology be considered a comparative advantage in Finland? 260 S. Reedy Point Rd End of the road seclusion with an adjoining 1210 +- acres also available. In practice, our best hope of true stewardship of the land will come from enlightened, committed owner-farmers. . They are buying a thousand-acre farm and plan to grow cotton. Mike Hynson's Phone Number and Email. marks) But the soil under farmers feet has become much more valuable in the past decade. THOUSAND ACRE FARM - 126 Photos & 15 Reviews - 260 S Reedy Point Rd, Middletown, DE - Yelp Thousand Acre Farm 15 reviews Claimed Venues & Event Spaces, Wedding Chapels, Pick Your Own Farms Open Open 24 hours See hours See all 126 photos Write a review Add photo Services Offered Verified by Business Event Planning Services in 4 reviews About 1000 Acres Ranch. Farm income, the key factor in determining land prices, has been falling for the past three years from record highs, and USDA is predicting a fourth year of decline. A timber management plan is already in place and more details on the conservation easement and timber plan shall be provide, An exceptional property like this comes to market once in a lifetime. Diamond and Ruby packages only, one discount per couple. You may choose from our list of preferred vendors. that Ace Products be reorganized into a divisional organization. percent of the world market in cell phones, well ahead of its Samantha Grant has assumed leadership of Ace Products after many The location is unmatched, with the southern border joining approximately 1215 acres of property owned by the Girl Scouts with no hunting allowed. 50 acres at the front of the property are not in the conservation easement that is unrestricted to do whatever is desired. (Total: 25 marks), (4) ANSWER (a): The difference between data and information is as follows: S. No. This process is automatic. Please note, you are required to use one of our preferred caterers, coordinators and bar service. This is a truly diverse land holding consisting of rolling uplands, spectacular bluffs, deep coves full of mature hardwoods, miles of creeks, huge rock formations and an extensive cave system. Short and sweet, our 7-hour Micro-Wedding Package is the perfect choice! This rural farm spans 1,806 acres, only 12 minutes southwest of Winchester and 25 minutes from Sewanee a charming community and home to The University of the South. 126. Beautiful waterfront farm for ceremony, photos and reception Ceremony Benches Included - Chairs Additional Fee Vendor Lift Amish built 2014 post and beam barn with catering and restroom facilities Meadows of long grass and wild clover with scattered pines open up on the top that fall off to hardwood valleys and thickets of red bud and laurel. Mason Photography 2023. An extensive trail system connects the various timber types and wildlife plots. Foreign buyers can hide their identity by creating an American corporation, or buying through a U.S. majority-owned subsidiary. (6 marks) Thousand Acre Farms, an exquisite and rustic location for your Wedding, Barn Party. inquirer. And as exports to China and elsewhere have increased, farm income has risen. In these examples, ownership of the land becomes corporate, but it remains in U.S. hands. The panoramic views establish the perfect backdrop, particularly for your wedding or event and photos. For your peace of mind and protection, we do require all clients to have Event Insurance. Wild game is abundant on the property. They are buying a thousand-acre farm and plan to No profit in grain farming here, you would need 1,000+ acres to scrape by. The organization chart shows that there is a Amazing mountain views with a road system that takes you through most of the property. Our Ruby Package is an all-day 12-hour venue rental only reserved just for you and your guests. Think of it this way: If you wanted to buy Iowa farmland in 1970, the average going price was $419 per acre, according to the Iowa State University Farmland Value Survey. At the very least, its going to require the progressive wing of farming to rethink its economics and its go-to-market strategies and possibly make big changes. To schedule a showing or for additional information contact Josh Smith at 615-388-3091 or josh@, Mossy Oak Properties, Tennessee Land & Farm. Located in Campbell County, Tennessee, 45 miles north of Knoxville and about 20 miles west of Lafollette, this tract is truly a once in a lifetime property. Bill Gates owns more private farmland in the US than anyone else, an analysis by The Land Report found. This is a great affordable property which needs minor TLC! real estate: farmland. I am absolutely disgusted." Including only top layers of management, briefly explain how might benefit Ace Products. - 1,806 acre property just 10 minutes from Winchester and 1 hour 40 minutes from Nashville Soil in the east is ideal for growing tomatoes, as the limestone in it gives crops an acidic taste. his first week of work, he comments to the company's president, (a) Briefly explain should the Miller brothers' farm be considered NOW WATCH: Bill Gates has a net worth of over $96 billion here's how he makes and spends his money, an analysis by The Land Report found in January.