Who owns more land: Bill Gates, McDonald’s or the Catholic Church?
Land is the investment of choice for moguls. Bill Gates has invested heavily in farmland. People have been saying that for years MC Donalds corp is actually a real estate company that sells groceries. You may not have noticed that Catholic Church owns a lot of real estate. Which of these billion-dollar companies owns more of what could be considered the world’s most valuable asset — land? Benzinga did the research, and the results might surprise you.
The case for Bill Gates: microsoft corp With almost 270,000 acres, co-founder is considered the largest private farm land owner in the USA. This figure is from last year’s issue of The country report. It is reasonable to assume that buying has not slowed.
While Gates said the purchases were a result of his investment groups, he also recognizes the potential and importance of farmland. He said in an ask-me-anything (AMA) session on Reddit that the purchases were linked to seed and biofuel development.
The Land Report reference came out in the winter of 2021, after which controversy circulated over Gates’ accumulation of American farmland.
Total area for Bill Gates: Well over 270,000 hectares
The case for McDonald’s: The McDonald’s brand is huge and has existed since 1955. In almost 70 years, McDonald’s is currently represented at just over 39,000 locations (as of January 2022). These sites are each about 1.2 hectares. The research suggests that McDonald’s owns about 70% of the buildings and 45% of the land at its locations worldwide. Once all calculations are complete, calculations show that McDonald’s owns around 47,037 acres of land.
McDonald’s directly owns and operates only about 15% of its locations. The rest are operated by franchisees.
McDonald’s Real Business acts as a lessor to its franchisees. It sets the ground rules and provides the layout for success. It is said that burgers are only sold because it is the easiest way for tenants to profit from it and pay it back.
The intention is to buy land and a new McDonald’s will open every 15 hours. As a result, McDonald’s income and land holdings continue to grow.
Total area for McDonald’s: 50,000 hectares and growing
The case for the Catholic Church: The Catholic Church owns 177 million acres of land worldwide for its churches and schools, as well as farmland and woodland.
If this number sounds amazing to you, you are not alone. The report comes from Yale Climate Connections and its story on the Catholic Church’s land holdings explains the impact its decisions can have on the environment.
The report tells the story of Molly Burhans, Managing Director of Goodlands, who discovered that the Catholic Church lacked a comprehensive inventory of its land holdings. Molly claimed that the church hasn’t updated its inventory since the Holy Roman Empire.
After receiving permission from the Vatican, Burhans underwent an extensive review to bring the church into the 21st century. Alive Database offers a picture of all his land holdings.
Overall for the Catholic Church: 177,000,000 hectares
Conclusion: The Catholic Church owns most of the land, far more than McDonald’s and billionaire Bill Gates. If you’re concerned about environmental changes, global warming and climate change, this massive player has flown under the radar.
Whether you are an individual running a 501(c)(3) or a large corporation, land ownership should remain a priority. If you are unable to take the first steps into owning your own property, consider the following two avenues.
Ownership of Real Estate Investment Trusts (REIT): These industry specific holdings are bought like a stock and allow you to buy real estate in an industry you believe in.
Crowdfunding: Real estate crowdfunding platforms offer you the opportunity to invest in fractional ownership of specific properties and real estate developments. These long-term investments can prove fruitful over time.
The highlights of today’s real estate investment news
- The Bezos-backed real estate investment platform Arrived houses launched a new series of offerings allowing individual investors to purchase shares in single-family homes with a minimum investment of $100. The platform has funded over 150 properties with a combined value of over $50 million.
- That CalTier Multi-Family Portfolio Fund recently completed a new investment in a portfolio of four 185-unit multi-family homes. The CalTier Multi-Family Portfolio Fund is one of the few untraded real estate funds available to non-accredited investors and has a $500 minimum investment. Year-to-date, the fund has returned an annualized cash-on-cash return of 7.02%.
For more real estate investment news and offers, visit Gasoline Alternative Investments
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