Impact Investing Surprising Billionaires Investors
- 5 years ago
Impact Investing | Surprising Billionaires Investors
Eleven years ago, at a small gathering at the Rockefeller Foundation’s Bellagio Center in Italy, the term “impact investing” was coined. It was not a new idea, but it finally had an official name. “We gave everyone a rhetorical umbrella under which they could huddle together,” says Antony Bugg-Levine, who convened the meeting and is now the CEO of the Nonprofit Finance Fund. Since then, many financial firms and investors have embraced the term and invested in companies and funds that not only make money but have a measurable, positive social or environmental impact. At least $228 billion is at work in such initiatives, according to the Global Impact Investing Network
Meet 8 billionaires leading the way.
1. Bill Gates
2. Mark Zuckerberg
3. Steve Ballmer
4. Michael Dell
5. Laurene Powell Job
6. Paul Allen
7. Ray Dalio
8. Pierre Omidyar
Impact Investing: The Billionaires Building Change
Eleven years ago, at a small gathering at the Rockefeller Foundation’s Bellagio Center in Italy, the term “impact investing” was coined. It was not a new idea, but it finally had an official name. “We gave everyone a rhetorical umbrella under which they could huddle together,” says Antony Bugg-Levine, who convened the meeting and is now the CEO of the Nonprofit Finance Fund. Since then, many financial firms and investors have embraced the term and invested in companies and funds that not only make money but have a measurable, positive social or environmental impact. At least $228 billion is at work in such initiatives, according to the Global Impact Investing Network
Meet 8 billionaires leading the way.
1. Bill Gates
2. Mark Zuckerberg
3. Steve Ballmer
4. Michael Dell
5. Laurene Powell Job
6. Paul Allen
7. Ray Dalio
8. Pierre Omidyar
Impact Investing: The Billionaires Building Change