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NBA Star Kyrie Irving Says 'That's Weird' Bill Gates Owns 'Majority of Water in United States' and So Much Farmland —'Whatever. To Each His Own'
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Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. NBA star Kyrie Irving, the Dallas Mavericks' seven-time All-Star, shifted from basketball to billionaires during a Twitch stream last July and zeroed in on Microsoft co-founder Bill Gates and farmland ownership. What followed quickly moved beyond a casual remark. "I still think that it's weird that the Gates family, Bill Gates, owns a lot of the land in North Dakota," Irving said. "He owns the majority of the water in the United States. I think that's weird. Whatever. To each his own. This is for informational purposes only." The clip circulated across X and TikTok, drawing attention far beyond the stream itself. Viewers split into two clear camps. Don't Miss: This AI Helps Fortune 1000 Brands Avoid Costly Ad Mistakes — See Why Investors Are Paying Attention Most Investors Can't Access These Real Estate Deals — But Accredited Investors Can Some treated the comment as a warning about concentrated wealth and control over resources tied to food production. Others pushed back, arguing the claims did not match publicly available data. The divide reflected a familiar tension between skepticism of billionaire influence and the need for precise facts. The scrutiny around Gates did not begin with Irving's comments. Reports dating back several years have tracked the growth of farmland holdings linked to entities such as Cascade Investment LLC and the Bill & Melinda Gates Foundation Trust. Those reports fueled ongoing discussion about why a tech billionaire would invest heavily in agriculture. Gates has addressed those questions directly. "I own less than 1/4000 of the farmland in the US," he said in a 2023 Reddit AMA. "I have invested in these farms to make them more productive and create more jobs. There isn't some grand scheme involved—in fact, all these decisions are made by a professional investment team." The most recent snapshot comes from the 2026 Land Report 100. Gates holds about 275,000 acres in total, including roughly 242,000 to 248,000 acres of farmland spread across 17 states. That makes him the largest private farmland owner in the U.S., but the scale matters. Trending: Own a Piece of the First-Ever Atari Hotel — Starting at $500 The country has nearly 900 million acres of farmland overall. Gates' share comes out to about 0.03%, or roughly 1 acre out of every 4000. Other landowners control far more total acreage. The Emmerson family behind lumber company Sierra Pacific Industries holds more than 2.4 million acres. Stan Kroenke, the NFL Los Angeles Rams owner who also owns the NBA Denver Nuggets and NHL Colorado Avalanche, has surpassed 2.7 million acres, ranking first on the list. Gates ranks much lower, coming in at No. 44, when total land, not just farmland, is considered. The farms themselves are not run directly by Gates. They are managed through professional firms such as Cottonwood Ag Management, which reportedly handle operations and productivity decisions. The claim about water ownership carries even less support. No individual owns the majority of water in the U.S., and the system does not allow for that kind of control. Water rights are tied to land and governed by state-specific frameworks. Western states often follow prior appropriation rules, while Eastern states use riparian systems. Both approaches operate under layers of local, state, and federal oversight. Owning farmland can include access to irrigation rights or wells, but those rights are limited, regulated, and subject to change. They do not translate into national control. Analyses and fact-checks consistently show that no private individual, including Gates, holds anything close to a dominant share of U.S. water resources. See Also: Explore Jeff Bezos-backed Arrived Homes and see how investors are earning passive rental income — now with a limited-time 1% bonus match for new investors. Irving's comments landed in a space where public concern already exists. Questions about food supply, land use, and wealth concentration have grown alongside rising costs and ongoing climate pressures. His remarks tapped into that unease, even as the specifics drew scrutiny. At the same time, Gates' position has remained consistent. His investments, according to his own statements, are handled by a professional team and focused on agricultural productivity, efficiency, and job creation. His broader work in global agriculture and food systems adds context, though it does not settle the debate for everyone. The numbers offer a clear baseline. Gates owns a measurable but small fraction of U.S. farmland. Water in the U.S. remains governed by public systems that prevent any single entity from holding majority control. The discussion itself is unlikely to fade. When high-profile figures raise questions about resources tied to everyday life, attention follows. What tends to matter most, as this moment showed, is how those questions line up with the data behind them. While billionaires like Gates manage hundreds of thousands of acres, everyday investors are increasingly exploring platforms like Arrived, which allow people to invest in farmland or residential properties on a fraction-of-an-acre scale—making real estate ownership more accessible without needing a multi-million-dollar budget. Read Next: See How Direxion's Leveraged ETFs Fit Into Active Trading Strategies Building a resilient portfolio means thinking beyond a single asset or market trend. 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Its income-focused and growth-oriented funds provide exposure to real assets designed to be less tied to stock market volatility. Image: Shutterstock This article NBA Star Kyrie Irving Says 'That's Weird' Bill Gates Owns 'Majority of Water in United States' and So Much Farmland —'Whatever. To Each His Own' originally appeared on Benzinga.com © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.