(qlmbusinessnews.com Tues, 13th Feb, 2024) London, UK —
“Landlords of the Earth: Unveiling the Vast Real Estate Holdings of Bill Gates, McDonald's, and the Catholic Church”
In the realm of land ownership, three major entities stand out: Bill Gates, McDonald's, and the Catholic Church. While each has its own niche in the world of real estate, the question remains: Who owns the most land?
Bill Gates, known for his ventures in technology and philanthropy, has quietly amassed a significant stake in farmland across the United States. With nearly 270,000 acres under his belt, Gates is considered one of the largest private owners of farmland in the country. His investments are not just about profit but also tie into his interests in seed and biofuel development.
In comparison, McDonald's, the iconic fast-food chain, boasts a vast network of over 39,000 locations worldwide. While it may seem like a restaurant business, McDonald's is also a major player in real estate, with approximately 70% of its buildings and 45% of its land owned across its locations. With an estimated 47,037 acres of land in its possession, McDonald's strategic expansion continues to fuel its growth.
However, when it comes to land ownership on a global scale, the Catholic Church takes the crown. With a staggering 177 million acres of land worldwide, the Church's holdings include not only churches and schools but also vast swathes of farmland and forest land. Despite its extensive land portfolio, the Church's inventory had not been comprehensively updated for centuries until Molly Burhans, executive director of GoodLands, undertook the task of modernizing its land registry.
In conclusion, while Bill Gates and McDonald's command significant land assets, it is the Catholic Church that reigns supreme in terms of sheer land ownership. With its expansive global footprint, the Church's land holdings play a crucial role, making it a major player in the realm of real estate and environmental stewardship.
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