Lakeland Sands Florida, LLC, a subsidiary of Cascade Investment, LLC, which is an asset management firm owned by Bill Gates has been purchasing land in Madison County for over a year.
According to the Madison County Property Appraiser’s website, Lakeland Sands Florida, LLC has purchased over 2,000 acres of land labeled cropland in Madison County since 2013. The most recent purchase was in August, of this year, when Lakeland Sands Florida purchased a total of 605 acres of land on River Road.
Lakeland Sands Florida, LLC filed to become a Foreign Limited Liability Company in Florida in December of 2012. The manager is Michael Larson, who is also an executive for Cascade Investments, LLC. Lakeland Sands Florida, LLC, has also been purchasing land in Suwannee and Hamilton counties.
Forbes listed Gates’ net worth in 2014 as $81 billion.