Amouranth spends 17 million dollars in order to compete with Bill Gates

Kaitlyn Siragusa, better known as Amouranth, one of the most controversial streamers in the world of Twitch and Kick, is once again drawing attention for the latest of her eccentricities. We know that she is a streamer who has earned enough money to surprise us with purchases or start businesses that surprise even her fans, but on this occasion she has drawn attention after purchasing approximately 2,213 acres of orchards in and around Florida at a cost of $17 million.

A purchase that seeks to compete with Bill Gates

On November 28, Amouranth surprised everyone with this purchase via her Twitter/X account, which also allows her to buy an additional 928 acres for only $7.2 million.

But why is this purchase attracting so much attention? If the streamer has certainly impressed us with the purchase of other types of companies, there is a whole plan on the part of Amouranth to take advantage of these lands, whose main crop is Valencia oranges, but one of the things she mentions is to surpass Bill Gates’ record of 275,000 acres (spread over 18 states). She already has some land under her name, but she still has a long way to go to surpass the Microsoft co-founder.

On the other hand, she has a plan to have stability, “the steady increase in value expected over the long run (average price of farmland increased 600% from 1945 to 2015),” she commented in one of her tweets. However, the real long-term plan is to take advantage of Schedule F Bonus Depreciation, a policy that allows immediate tax benefits to its owners. According to Kotaku, this allows “farm owners and taxpayers to reduce their short-term taxable income by the cost of depreciable assets to increase tax benefits in the long run. Essentially, she’ll take a financial hit now in order to recover those losses in the future.”