Amouranth buys $17 Mn Florida Orchard to surpass Bill Gates in terms of land ownership

Kaitlyn Siragusa, popularly known as ‘Amouranth‘, renowned American streamer and social media personality, on Tuesday, posted on X that she has purchased a 2,213-acre orchard in Florida for $17 million.

I BOUGHT A $17,000,000 fruit orchard/Grove! It's 2,213 Acres total (4 different sites) in florida/surrounding states! There is also an option to pick up an additional 928 acres at one of the sites for an additional $7.2mm! As the old saying goes: pic.twitter.com/wZNBjpvzHI

— Kaitlyn (@wildkait) November 28, 2023

In reply to the same X post, Amouranth reflected that the purchase of farmland is a business decision made for stability and tax benefits.

“Buy land—they aren’t making it anymore.” The main crop is Valencia Oranges (they aren't as pretty as california orange but taste waaaay better) and most of the yield is turned into orange juice. Why am i investing arable land? Mainly for the stability, and the

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— Kaitlyn (@wildkait) November 28, 2023

utilize Schedule F Bonus Depreciation, an investor can depreciate a substantial portion of the cost on eligible assets, rather than stretching over an extended period. This translates into immediate tax benefits.

I am a ~8.5% owner in the GP/PO

Slowly but surely I'm set to

— Kaitlyn (@wildkait) November 28, 2023

Amouranth added that she is aiming to overtake Bill Gates in terms of farmland ownership.

overtake @BillGates and his 275,000 ag acres (across 18 states)…

Also that’s a stock Image, chickens not included 😭

— Kaitlyn (@wildkait) November 28, 2023

Amouranth’s latest investment in the orchard is not a surprise at all. The popular Twitch streamer and OnlyFans model invests her earnings in various ventures and sends shockwaves across the internet with announcements time and again.

In November 2021, Amouranth bought a 7-Eleven store for $10 million.

In March 2022, Amouranth bought 1,000 Netflix shares at the rate of $332 per share. And after two months, she bought 24,000 shares of Activision at $79.32 per share.

Just a couple of weeks after revealing her intention to quit Onlyfans in June, Amouranth revealed a major purchase of 1,000 shares of S&P Global at $338 each.

Besides this, Amouranth also holds stocks in Google and Amazon.

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