When you think of farming, you probably imagine a secluded ranch filled with cattle and run
by a family as a means of livelihood. But hold on, farm business is not what it used
to be, now farm owners play in billions doing what they love.
Just to give you an insight into just how profitable the farm business has become, today
we bring you the list of eight of the richest farm owners in the world.
But before we get started, be sure to like and subscribe to our channel for more videos
like this. Some of the numbers we have on our list will
blow you away so stick around till the end so you don’t miss out on anything.
Number 8 – Howard Buffett Being born with a silver spoon and being the
son of one of the richest men in the world, Howard managed to make a decent fortune on
his own without solely depending on his inheritance. Howard Buffett, a multi-talented man, is not
just an excellent businessman but also counts as one of the wealthiest American farmers.
Holding a net worth of nearly 250 million dollars.
Howard began farming in Nebraska on land rented from his father. But he had big goals in his
mind and is working every day to make his dream happen.
You see, Howard Buffett is passionate about ending world hunger. He has traveled to over
130 countries, both developing and under-developed, and hoping to help people in those countries
he created his own foundation named Howard G. Buffett Foundation.
By 2000, he was already funding projects all around the world and putting all his resources
to help people. He recently put all his investments to find a long-term solution for the world’s
hunger and hopes to solve the hunger problem by 2046.
Making hunger his main target, Buffett is definitely a passionate farmer to his core.
Number 7 – Colin and Dale Armer These two New Zealand couples emerged like
secret superstars in the farming business. They own one of the biggest farms in New Zealand
and only recently gaining the media spotlight when they became the finalist in the Ernst
& Young Entrepreneur of the Year award. The down-to-earth Armer family have lived
and worked below the radar all their lives and are now one of the richest farmers in
the world holding a net worth of $535 million. In the 1990s, Colin and Dale Armer started
their own family-based farm after they got married and by the 1993s, the couple had several
farms to their name. Not planning to stop there, they looked for
many extension opportunities around Taupo all the while working on circulating their
dairy farming. By 2000, they owned nearly a dozen North farms.
Deciding to go big, they opened a Dairy Holding with businessman Allan Hubbard and two other
shareholders. All ups and downs included, today they are the only shareholder of the
Armer Dairy Holdings and are one of the biggest milk providers in their region.
Number 6 – Tony Perich Tony’s love for agriculture was inherited,
his father used to sell tomatoes grown by him in the markets of Sydney. He along with
his brother Ron also inherited a farm from their father.
His father's farm became the foundation for his success, starting their business venture
from the farm the two brothers now own a combined net worth of over 1billion, and Tony alone
claims 750 million of the fortune. In 1953, the Perich family set foot in the
dairy farming business and haven’t looked back since. Today, their business developed
into one of the most successful and versatile dairy farms in Australia.
Their Dairy company now has over 22,000 cows at two locations in Sydney, they also have
6,000 hectares of land that harvests hay and grains for their animals.
Taking the load of business on his back, Tony is currently working as the Joint Managing
Director of his company, Leppington Pastrol, and the Managing Director of Perish Enterprises.
Number 5 – Prince Kabeer Bin Mohammed Prince Sultan Al Kabeer, full name Prince
Sultan bin Saud Al Kabeer bin Mohammed, is a member of the Saudi royal family.
He struck gold when he decided to get into the dairy farming business. In the Saudi desert,
90 miles southwest of Riyad, you can find one of the many modern technology-equipped
farms owned by the Prince’s company, Almarai Co.
Almarai is the biggest food producer in the whole Persian Gulf, which processes about
235 million gallons of milk, according to a report back in 2012. The number must have
increased significantly by now. Catering to everyone’s demand it provides
milk, cheese, processed chicken, baked goods, and juices. The revenue has tripled over the
year and the stocks have skyrocketed making its owner, a billionaire.
Over the years the Prince has collected a net amount of nearly 3.8 billion dollars.
But with his direct ties to the royal family and other business ventures, we may never
know the exact amount of his earnings.
Number 04 – Harry Stine Named as Forbes richest farmer, Harry Stine
is another gentleman in the farming world. Harry Stine is another farm boy, who was already
getting his hands dirty on his family farm by the age of five. From a young age, he started
helping out his parents on the farm and so, no one was surprised when he choose a career
in farming. By the time he was in his late 20s his interest
extended beyond sowing and reaping on the farm. He was fascinated with the idea of genetic
modification of crops and once he found a few unusual soybean plants on his farm, there
was no stopping him. He along with four other seedmen set up a
soybean-breeding program that became the first of its kind. The company dissolved in 1973
but Stine and his buddy Bill Eby weren’t ready to wrap up yet.
That further research resulted in the making of Midwest Oilseeds, he also started selling
soybean seeds under his own company, Stine Soybean Seeds.
Though selling modified seeds proved profitable, Stine still wasn’t satisfied. He was convinced
there was more he could do with soybeans and so in 1983, they established Eden Enterprises
and this is where they struck gold. Their research was a mega success, their technology
was patented and they began licensing the genetics to corporations like Monsanto and
Syngenta, earning millions a year simply in royalties!
Adding up he has a net worth of 5.6 billion USD.
Number 3 – Lui YongXing YongXing is one of the risk-takers on our
list, he has started his business from the scratch and sold quite a few personal belonging
doing so. In 1982, a regular government worker, Lui,
decided to quit his job along with his three brothers. With no grand plan in mind, they
sold off their watches and bicycles to raise a capital of $120 for their startup.
They purchased breeding chickens and quails and sold them off locally. When they saw a
little success in their business, wasting no time they tried their hand in the animal
feed business. In 1986, he established Hope Group which is
now known as Hope Oriental Corporation. In 1992, their hope group became one of the biggest
animal feed groups in China and one of the biggest non-government corporations.
Now he is the chairman of the Hope Oriental and is the biggest Chicken provider in the
nation. Supplying to the biggest fast-food chains in the country and exports products
to Singapore, Vietnam, and Indonesia. The man has managed to be on top of the richest
man chart for the past decade with a net worth of 6.6 billion USD to his name.
Number 2 – Lui YongHao China is a self-sufficient country in itself,
so it's not a surprise we have two Chinese agry-billionaire on our list.
You’ll be even more surprised to know that YongHao is one of the 3 brothers of YongXing
who started their eggs and quail business together.
When they split up, started his own New Hope Group and stayed in business as the years
went by he saw similar success to his brothers if not more.
Now he employs around 70,000 people and has around 600 subsidiaries in 30 countries all
around the world. With a trade and employment power like that,
it’s no surprise that YongXing’s net worth sits at 8.8 billion USD.
Even with a large sum to his name, YongHao is the image of a humble person, his life
though always discussed in media lacks any bling of its own. The billionaire likes to
live a humble lifestyle proffering to drive a Volkswagen Santana rather than a Mercedes.
He also owns a small piece of land in his hometown where he grows his chili pepper and
cucumbers.
Number 1 – Steward & Lynda Resnick Steward & Lynda Resnick can rightly be called
the King and Queen of Agriculture. Their swift planning and deal-making have brought them
among the top 3 richest farmers in the world. We will take a short journey to the far corner
of Kren County called Lost Hill where the couple has set their paradise farm. Stewart
was a case of an accidental agriculturist, he had many businesses before he ventured
into farming. It started when he bought a small piece of
land in the late 1970s, as years went by thousand of acres were added to it. Through the years
the farm has dealt with many draughts and water shortages but the couple pulls off big
investments to keep the area evergreen. Now, the small corner of Lost Hill is a changed
place, home to one of the biggest supply farms of almond and pistachio. They live in Beverly
Hills and fly in once or twice a month to check in on their empire.
By the age of 81, he owned 180,000 acres of California and irrigated 121,000 acres of
the total. He shares his success with his wife who is
the mind behind his success. Stewart’s net worth marks a whopping 9 billion dollars to
his name, and Linda has an impressive 3 billion to hers.
Together they own Fiji Water brands, Wonderful Pistachio and Almonds, Wonderful Halos, Justin
Wines, and Landmark Wines.
So that was it for today guys, let us know in the comment which one surprised you the
most. Thank you for watching, see you next time!