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...
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.
For years now, Bezos has been topping the official list of our world's billionaires...
With Microsoft co-founder, Bill Gates, a close second, worth around $114 billion.
First thing's first... Where does Bezos' wealth come from?
via: GettyNobody 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.
via: GettyAfter 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.
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.
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...
And, as of August last year, the company alone has been reported to be worth $1000B.
Bezos' success with Amazon is mind-blowing...
But he isn't the only one to amass a large wealth...
Bill Gates is a pretty successful man, to say the least.
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.
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...
Some fantastic news for the climate! @EggersMatt and the rest of the @Breakthrough Energy Ventures team are tops, and amazing allies to tech entrepreneurs looking to build businesses to end the climate crisis.— Seth Bannon 👨🔬 (@sethbannon) January 20, 2021
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.
To avoid the worst effects of climate change, we need to get to net-zero in all areas that drive greenhouse gas emissions.— Breakthrough Energy (@Breakthrough) January 15, 2021
These drivers fall into five main categories, which we call the Grand Challenges: Electricity, Transportation, Manufacturing, Buildings, and Agriculture. pic.twitter.com/GvtU3PYMzn
Now, it plans to support forty to fifty enterprises.
BEV's key focus is on clean products...
To get to net-zero emissions by 2050, the Green Premium gives us a powerful roadmap. Today, #cleanenergy solutions are often more expensive than the dirty alternative. This additional cost is what we call the Green Premium.— Breakthrough Energy (@Breakthrough) January 25, 2021
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...
🆕@wef Global Risks Report 2021— Rebecca Thissen (@rebecca_thissen) January 26, 2021
"The immediate human and economic cost of COVID-19 is severe. It threatens to scale back years of progress on reducing poverty and inequality and to further weaken social cohesion and global cooperation" (1/2)https://t.co/eGiFid0q0c
Partly due to the pandemic.
On a positive note, there has been an increase in green technologies over the past 2 years.
Climate change is a global issue. Getting from 51 billion #GHG emissions to zero will take unprecedented global collaboration and innovation in nearly every sector of the economy. It'll take all of us acting with courage and commitment to avoid a climate disaster. #ParisAccord pic.twitter.com/E7BRp2Y1D9— Breakthrough Energy (@Breakthrough) January 21, 2021
Let's just hope with the right funding, we can see a clear difference in carbon emissions in the future.
Keep scrolling for more...