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Fortune
Fortune
Sasha Rogelberg

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

A man sits in the driver’s seat of a truck, frowning. (Credit: Mark Makela—Getty Images)

No one seems to love the great outdoors as much as billionaires do.

America’s wealthiest are snapping up huge swaths of farmland, and while some are using it for their elaborate hobbies, agriculture advocates worry the broader trend of the rich purchasing tillage is putting the livelihood of actual farmers at risk.

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