“We’re not doing this to make money,” Fink, BlackRock’s chief executive officer, said in an interview together with Gates on Bloomberg Television. “We’re doing this to seed these ideas, to rapidly accelerate ideas.”
NEW YORK: Bill Gates raised more than US$1bil (RM4.19bil) in corporate funding for Breakthrough Energy Catalyst, drawing on BlackRock Inc’s Larry Fink and Microsoft Corp’s Satya Nadella to rally support for some of the world’s most demanding clean-energy projects.
BlackRock is making a five-year, US$100mil (RM419.2mil) grant from its charitable foundation. Microsoft also is donating US$100mil (RM419.2mil).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
