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I would be very interested to see how this compares to land. What percentage of the top X % owns all the land. I think it’s probably a more equitable mix as I
by Dig1t 3y ago
I would be very interested to see how this compares to land. What percentage of the top X % owns all the land.
I think it’s probably a more equitable mix as I know a lot of Americans who’s generational wealth is tied up in land and not the stock market.
- bmitc 3y agoWell Bill Gates is the biggest private landowner in the U.S., so it likely correlates highly.
- boeingUH60 3y ago*Largest farmland owner. The largest landowner is John Malone, the telecoms mogul, or the Emmerson lumber baron family if you're counting shared ownership. https://www.landgate.com/news/largest-landowners-in-the-united-states-2023 https://www.landgate.com/news/largest-landowners-in-the-unit...
- scottyah 3y agoHe's the biggest private farmland owner, at 270,000 acres. The largest private landowner (from a google search, I didn't vet much) is the Emmerson family with 2.411 acres. Farmland-wise, he owns a drop in the bucket- there's an estimated 900 million total farm acres.
- bmitc 3y agoThanks for the correction.