Bill Gates Nebraska neighbors don t know he owns the soybean field down the road. Here s the story of his spending spree, including the massive loan he took out against his land.
The ownership of P5 Ranch, which includes nearly 45,000 contiguous acres, changed hands in January. While the price wasn t disclosed, representatives say it was
Speaking Tuesday at the Land Investment Expo in Des Moines, a pair of former presidents of the Federal Reserve Bank of Kansas City raised concerns about the national debt, the Fed s increased role in credit markets, and the eventual risk of a return to the 1980s for farmland values as a result.