• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
FinanceFlorida

New Florida resident Jeff Bezos pumped $60 million into making lab-grown meat taste better. Ron DeSantis just banned it from the state

Amanda Gerut
By
Amanda Gerut
Amanda Gerut
News Editor, West Coast
Down Arrow Button Icon
Amanda Gerut
By
Amanda Gerut
Amanda Gerut
News Editor, West Coast
Down Arrow Button Icon
May 3, 2024, 5:09 PM ET
Jeff Bezos Lauren Sanchez
Lauren Sánchez and Jeff Bezos’s Bezos Earth Fund invested $60 million into lab-grown meat development. Daniele Venturelli—Getty Images

Florida Gov. Ron DeSantis may have just crossed a formidable new constituent.

Recommended Video

The former presidential hopeful this week signed legislation banning the sale of lab-grown meat in the state of Florida, saying the Sunshine State wants to stop the World Economic Forum’s goal of “forcing the world to eat lab-grown meat and insects.” The WEF in 2021 said bugs might be a way to help the global population feed itself more sustainably and that insect breeding could be helped by AI, which fueled online conspiracy theories.

The move is unusual, given that lab-grown meat isn’t available for sale in the U.S. However, Florida ranks 13th in the U.S. in overall cattle numbers with a total herd size of 886,000 among 15,000 beef producers with total sales of $546 million, according to the Florida Beef Council. Yet the move could be a shot across the bow, as Florida has become a haven for billionaires who often fund and launch food innovations meant to remediate the effects of climate change. One of those is new snowbird Jeff Bezos. Bezos Earth Fund vice chair Lauren Sánchez, Bezos’s fiancée, in March announced a $60 million initial investment into sustainable protein including plant-based, fermented, and cultivated meats. The investment is part of a $1 billion commitment to expanding food production. “We need to feed 10 billion people with healthy, sustainable food throughout this century while protecting our planet. We can do it, and it will require a ton of innovation,” said Sánchez in a statement.

Lab-grown or cultivated meat is different from an Impossible burger and others of its ilk. It’s made by taking meat from animals and replicating the cell structures scientifically, eradicating the need to farm animals. The nonprofit Good Food Institute reports that the cultivated meat industry has grown to include more than 150 companies backed by $2.6 billion in investments with Bezos among those funding the sector.

The Amazon founder announced in November 2023 that he would leave Seattle for Miami, a move that likely saved him more than $140 million thanks to the state’s tax code. He purchased a third mansion in the state this month, a $90 million property on Indian Creek Island, an area of South Florida known as the Billionaire Bunker. He joins Ken Griffin of Citadel and tech giants Amazon, Apple, and Microsoft, which have all taken on more office space in Florida. Miami Dolphins owner and real estate developer Stephen Ross, another billionaire, is deeply involved in making South Florida more like Manhattan. Ross hosted an event last month, which DeSantis attended, to fundraise for a Florida-based campus of Nashville’s Vanderbilt University.

Yet, this week DeSantis declared that Florida was “fighting back against the global elite’s plan to force the world to eat meat grown in a petri dish or bugs to achieve their authoritarian goals.”

Why is this viral when lab-grown meat isn’t for sale?

News of the ban spread like wildfire after an X user posted a photo of DeSantis last year during a campaign visit to a meat facility in southern Iowa. The facility is owned and operated by farmer, rancher, and reality star Steven McBee of The McBee Dynasty. McBee’s partner, Calah Jackson, stands in the back of the photo, and drew rapt attention online. “It’s the worst picture of me,” Jackson told Fortune, clarifying that she was ill that day and not bored or disgusted. “I think I was just waiting for Steven to get done talking so I could go home.”

After being alerted about the photo, she reposted it and received some 40 million views across her social media platforms. McBee suggested that the photo appeared alongside the news because it was “the only photo of DeSantis and meat of any form.” DeSantis appears in the picture in front of a table with the ranch’s raw beef. It also sells shelf-stable air-dried beef for “fitness freaks” like McBee and Jackson, he said. DeSantis visited the facility after his team contacted the farm to ask if he could stop in to visit the small business.

Ironically, McBee is supportive of innovations in lab-grown meat, adding that while he’s a farmer and rancher, he’s also focused on regenerative agriculture. 

“Obviously, I’m in the agriculture industry, and I love small farms and ranches,” he told Fortune. “But if lab-grown meat gets rid of factory farms where animals are born and raised under a roof and never see sunshine and never see grass—that’s not a bad thing, in my opinion.”

About the Author
Amanda Gerut
By Amanda GerutNews Editor, West Coast

Amanda Gerut is the west coast editor at Fortune, overseeing publicly traded businesses, executive compensation, Securities and Exchange Commission regulations, and investigations.

See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
Startups & VentureFinance
SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big
By Shawn TullyJune 11, 2026
2 hours ago
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 10, 2026 in New York City.
InvestingWall Street
Bank of America told investors to ‘take profits.’ Then the Nasdaq fell 7%
By Eva RoytburgJune 11, 2026
2 hours ago
Full Coverage Car Insurance: What It Covers, What It Costs, and Who Needs It
Personal FinanceInsurance
Full Coverage Car Insurance: What It Covers, What It Costs, and Who Needs It
By Joseph HostetlerJune 11, 2026
3 hours ago
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
CryptoBlockchain
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
By Jack Kubinec and Ben WeissJune 11, 2026
6 hours ago
As SpaceX goes public, a $100 billion shadow market faces a reckoning
Startups & VentureSpaceX
As SpaceX goes public, a $100 billion shadow market faces a reckoning
By Allie GarfinkleJune 11, 2026
7 hours ago
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
EconomyInflation
Inflation is roaring back globally, 2022 style. The Iran war is only half the problem
By Eva RoytburgJune 11, 2026
8 hours ago

Most Popular

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
By Sasha RogelbergJune 10, 2026
1 day ago
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military
By Kate O'Keeffe and BloombergJune 8, 2026
3 days ago
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
Innovation
Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
By Amanda GerutJune 9, 2026
2 days ago
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
By Catherina GioinoJune 9, 2026
2 days ago
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
Success
Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
By Preston ForeJune 8, 2026
3 days ago
Current price of oil as of June 11, 2026
Personal Finance
Current price of oil as of June 11, 2026
By Joseph HostetlerJune 11, 2026
11 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.