Billionaires' Farmland Purchases Raise Concerns for Farmers

A trend of American billionaires acquiring farmland for personal hobbies is sparking concerns that their buying spree could drive up prices and make land unaffordable for traditional farmers.

23 Aug, 08:30 — 23 Aug, 08:30

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fortune8d ago

American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing farmers out

Mark Zuckerberg and Alexis Ohanian have become amateur yeoman, but other one-percenters may be putting actual farmers at a disadvantage.

By Sasha Rogelberg

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Billionaires' Farmland Purchases Raise Concerns for Farmers

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American billionaires are showing off their farmland for elaborate hobbies, but a buying spree among the ultrarich risks pricing farmers out

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