Dvorak on No Agenda had a take on this, he thinks Bill is looking ahead at a recession, so parked some of his cash into real estate. If no recession, it keeps it's value, if recession, keeps it's value after the recession ends. Win win.
Seems plausible. He's probably leasing the land, anyway. Gates is a malicious motherfucker, but his plans generally don't need acreage.
Bill is #49 in the top 100 land owners. He's small fry. Bezos owns way more, at #25. Ted Turner is #4.
Dvorak on No Agenda had a take on this, he thinks Bill is looking ahead at a recession, so parked some of his cash into real estate. If no recession, it keeps it's value, if recession, keeps it's value after the recession ends. Win win.
Seems plausible. He's probably leasing the land, anyway. Gates is a malicious motherfucker, but his plans generally don't need acreage.
Bill is #49 in the top 100 land owners. He's small fry. Bezos owns way more, at #25. Ted Turner is #4.
https://landreport.com/americas-100-largest-landowners/