Will China Buy Your Land?

The world’s total land mass consists of 36.8 billion acres of inhabitable land. (Businessinsider.com

A few people own a lot of our planet.

King Charles III or the Crown Estate owns 6.6 billion acres of land worldwide.  This includes Great Britain, Northern Ireland, Canada (90%), Australia (23 %) and a few other spots here and there. They also own the Falkland Islands.

With 6.6 billion acres, King Charles III or the Crown Estate, is far and away the world’s largest landowner, with the closest runner-up (King Salman, Saudi Arabia) who holds control over a mere 547 million acres and a net worth of over $18 billion.

Coming in number three on the list is Pope Francis.110 acres owned by The Holy See constitute Vatican City. Also, roughly 17million more acreage of various lands are owned by the Catholic Church throughout the globe, including the hundreds of Vatican embassies that are legally titled to The Holy See as an independent nation.

Ted Turner ranks high in major world landowners with over 2 million acres of land owned in Georgia, Montana and Argentina.  (Businessininsider.com)

Jeff Bezos owns about 400,000 acres with much of that being in Texas. (Payback.fm) Bill Gates owns about 242,000 acres of farmland according to celebrity.net.

According to the US Department of Agriculture, USDA, there are approximately 911 million acres of farmland in the United States

There has been concern about China’s growing land purchases in the United States. Chinese purchases of U.S agricultural land has sparked concern in Congress among a bipartisan group of lawmakers—but 18 other countries own more American agricultural acres than China.

Here are some of the American landowners:

  1. Canada (12,845,000 acres)
  2. Netherlands (4,875,000 acres)
  3. Italy (2,703,000 acres)
  4. United Kingdom (2,538,000 acres)
  5. Germany (2,269,000 acres)
  6. Portugal (1,483,000 acres)
  7. France (1,316,000 acres)
  8. Denmark (856,000 acres)
  9. Luxembourg (802,000 acres)
  10. Ireland (760,000 acres)  Source: Forbes.com

China ranks number 18 and owns roughly 384,000 acres of U.S. agricultural land, according to a 2021 report from the Department of Agriculture. Of that, 195,000 acres, worth almost $2 billion when purchased, are owned by 85 Chinese investors, which could be individuals, companies or the government. The other 189,000 acres were worth $235 million when purchased and are owned by 62 U.S. corporations with Chinese shareholders. Chinese agricultural land ownership only increased about 550 acres from 2015 to 2019. Then, their ownership jumped 30% from 2019 (Forges.com)

Chinese food manufacturer Fufeng Group bought 300 acres of land near Grand Forks, North Dakota, to set up a milling plant. The project is located about 20 minutes from the Grand Forks Air Force Base, raising national security concerns. (CNBC.COM)

Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. It was the largest Chinese acquisition of an American company at that time.

Bourbon lovers might be surprised to learn that a large number of Kentucky favorites are owned by Japanese companies. Way back in 2014 Japan-based Suntory bought Jim Beam at a 25 percent premium over market value for $16 billion. That means the world’s best-selling bourbon, Jim Beam, is actually owned by a Japanese company. Suntory also owns Maker’s Mark, Knob Creek and Basil Hayden.  (NBCnews.com)

If you have American land or business to sell, no worries, someone from China or another foreign country just might be interested.

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Joseph Menslage

As the President and Publisher of Katy and Fort Bend Christian Magazines, Joe Menslage is committed to covering social and political news from a Christian worldview. He founded Katy Christian Magazine in 2005, which swept the greater Houston and Katy areas like a storm. That’s when Joe realized the urgent need for publications willing to give voices to the voiceless, without political correctness or censorship. Joe Menslage founded sister-publication Fort Bend Christian Magazine in 2014. Prior to creating Katy Christian Magazine, Joe Menslage led a colorful life. He was born in Lake Charles, Louisiana, spent a great deal of his childhood in Colorado, and lived in a couple of other states before he moved to Houston in 1981. Joe was God-gifted with an entrepreneurial mind, and self-started other business ventures before he found his calling. In Joe’s words, our innate talents are given by the Lord, and are meant to be used to serve the Lord. Aside from being a President and Publisher, Joe Menslage is also the co-founder of Katy Christian Chamber of Commerce, where Christians can network, build business connections, listen to passionate speakers, and enjoy monthly breakfasts and lunches. Joe Menslage also hosts a weekly political satire YouTube channel. Joe Menslage has four children. Outside of work, he enjoys hiking, watching zombie movies and K dramas, ax-throwing and Krav Maga.