Tuesday, December 1, 2015

The Billionaire BIOFUEL Club: Aliko Dangote, Bill Gates, Jeff Bezos and Mark Zuckerberg reveal new group to invest in smart energy firms

Bill Gates was in Paris to push his latest bit of entrepreneurial philanthropy: the Breakthrough Energy Coalition, an informal club of 28 private investors from around the world, including several hedge fund billionaires who have agreed to follow his lead and pump seed money into energy research and development.
Gates believes the energy sector suffers from a dearth of such funding, the reason much of the world is still burning coal for its power.
A readiness to put another billion dollars of his own money into what is already a roughly billion-dollar portfolio of energy investments was also enough for Gates to convince 20 governments to commit to doubling their own R&D investments within five years.
‘If we are to avoid the levels of warming that are dangerous we need to move at full speed,’ the co-founder of Microsoft told a trio of journalists including from Reuters.

WHO IS IN THE CLUB?

The initial members of the club are:
 Mukesh Ambani
Chairman and Managing Director, Reliance Industries Limited
India
John Arnold
Co-chair, Laura and John Arnold Foundation
United States
Founder, Chairman and CEO, Salesforce.com
United States
Jeff Bezos
Founder and CEO, Amazon
United States
HRH Prince Alwaleed bin Talal
Chairman of the Board of Trustees, Alwaleed Philanthropies
Saudi Arabia
Richard Branson
Founder, Virgin Group
United Kingdom
Ray Dalio
Founder, Bridgewater Associates
United States
Aliko Dangote
Founder and Chief Executive, Dangote Group
Nigeria
John Doerr
General Partner, Kleiner Perkins Caufield & Byers
United States
Bill Gates
Co-chair, Bill & Melinda Gates Foundation
United States
Reid Hoffman
Founder, LinkedIn and Partner, Greylock
United States
Chris Hohn
Founder, The Children’s Investment Fund
United Kingdom
Vinod Khosla
Founder, Khosla Ventures
United States
Jack Ma
Executive Chairman, Alibaba Group
China
Xavier Niel
Founder, Iliad Group
France
 Nat Simons and Laura Baxter-Simons
Co-founders, Prelude Ventures
United States
Masayoshi Son
Founder, Chairman and CEO, SoftBank Group Corp.
Japan
George Soros
Chairman, Soros Fund Management LLC
United States
Tom Steyer
Businessman, Philanthropist, and President, NextGen Climate
United States
Ratan Tata
Chairman Emeritus, Tata Sons
India
Meg Whitman
CEO, Hewlett Packard Enterprise
United States
Ms. Zhang Xin and Mr. Pan Shiyi
Co-founder and CEO, SOHO China
Chairman, SOHO China
China
Mark Zuckerberg and Dr. Priscilla Chan
Founder, Chairman and CEO, Facebook
Pediatrician and CEO, The Primary School
United States
University of California
Office of the Chief Investment Officer
United States
Hasso Plattner
Co-founder and Chairman, SAP
Germany
Julian Robertson
Founder and Chairman, Tiger Management
United States
Neil Shen
Founding Managing Partner, Sequoia Capital China
China
Patrice Motsepe
Founder and Executive Chairman, African Rainbow Minerals (ARM)
South Africa

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