Jeff Bezos and Bill Gates Raise $1 Billion For Clean Energy | 22 Words

Jeff Bezos and Bill Gates have recently made a massive contribution in the effort to help fight climate change and it's got a lot of people talking...

There's no denying that some people have too much wealth...

Amazon founder and CEO, Jeff Bezos, and Microsoft co-founder Bill Gates are most certainly some of those people.

But after some recent controversies...

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It seems as though Bezos is now focusing on making a more positive impact on the world by making donations towards clean energy, and he's enlisted the help of Bill Gates.

Keep scrolling to see how they'll be helping...

Now, we all know that Jeff Bezos and Bill gates are some of the wealthiest men in the world.

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 The title all of us dream of one day acquiring, let's be honest!

For years now, Bezos has been topping the official list of our world's billionaires...

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With Microsoft co-founder, Bill Gates, a close second, worth around $114 billion.

First thing's first... Where does Bezos' wealth come from?

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 Nobody is born with that kind of money, so where did it all start?

Bezos always held a huge passion for computers and went on to study computer science and electrical engineering at Princeton University.

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 After graduating, Bezos spent some time working on Wall Street but, 4 years later in 1995, he quit to open his own online bookstore from his garage - Amazon.com.

The birth of Amazon.com changed everything for Bezos.

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The initial success of the online store was staggering.

Within the first thirty days, Amazon.com had sold books all across the United States, and across forty-five other countries.

And the online retailer only went from strength to strength.

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In the mere years following its launch, Amazon.com began stocking a wider variety of products, such as electronics, clothing, and toys, making it the number 1 online retailer.

It's yearly earnings kept multiplying...

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And, as of August last year, the company alone has been reported to be worth $1000B.

Bezos' success with Amazon is mind-blowing...

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But he isn't the only one to amass a large wealth...

Bill Gates is a pretty successful man, to say the least.

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He doesn't have the shabbiest of resumes; he is the co-founder of Microsoft, and is now one of the richest men in the world, with his net worth coming in at around $100 billion dollars.

Microsoft has grown to become one of the largest tech companies in the world.

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The company wrote and developed one of the most-used computer software in the world. According to Forbes, Microsoft is the third biggest company in the world, with an estimated worth of $947 billion dollars.

Not bad for a college dropout...

Well now, the pair are working together to do something pretty incredible...

Bezos and Gates have helped raise 1 billion dollars to fund clean energy start-ups...

The clean-tech fund, Breakthrough Energy Ventures, raises money towards helping start-up businesses that can cut global emissions.

It was originally founded in 2016, backing forty-five emerging companies with the money raised.

Now, it plans to support forty to fifty enterprises.

BEV's key focus is on clean products...

Sourcing the most sustainable products to be used by technology companies.

Although, for any startup to be considered for funding...

They will have to prove they can cut global greenhouse-gas emissions by at least five-hundred million tonnes per year.

Eric Toone, BEV's technical lead, told Bloomberg News...

"We have built a great technical team and our ability to close a second fund is a testament to their good work."

Today, global emissions measure approximately thirty-four billion tonnes annually...

Partly due to the pandemic.

On a positive note, there has been an increase in green technologies over the past 2 years.

Let's just hope with the right funding, we can see a clear difference in carbon emissions in the future.

Keep scrolling for more...