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Bloomberg’s top 3 green billionaires

Bloomberg has published the list of green billionaires - businessmen who owe their fortune to technologies that reduce carbon emissions in the atmosphere. The list includes CEOs of companies manufacturing electric cars, rechargeable batteries, and solar panels.Out of the 15 businessmen rated by Bloomberg, 80% come from China, but the number 1 spot belongs to an American. Let us take a look at the top 3 green billionaires.

Bloomberg’s top 3 green billionaires

Elon Musk

Bloomberg estimates the total net worth of the 15 green billionaires at more than $500 billion. Elon Musk tops the list with his $288.3 billion net worth, out of which 86% or $247.9 billion comes from gains in Tesla stock. Musk’s automaker produces electric cars, solar roof tiles, and energy storage systems. It is estimated that Tesla’s products helped reduce CO2 emissions by about 5 million metric tons in 2020.

Bloomberg’s top 3 green billionaires

Zeng Yuqun

Zeng Yuqun, CEO of Chinese battery manufacturer CATL, is second on Bloomberg’s list. He has a net worth of $95.2 billion. CATL is the world’s biggest producer of electric car batteries, supplying such companies as Tesla, Toyota, BMW, and Volvo. The company holds a quarter of the world’s EV battery market. CATL’s li-ion batteries were cheap enough to allow Tesla to slash the prices of its Model 3 electric car by almost 10% in 2020.

Bloomberg’s top 3 green billionaires

Wang Chuanfu

Wang Chuanfu, the founder, chairman, and CEO of BYD Company, came in third. His net worth is estimated at $48 billion, with $21.4 billion made thanks to BYD’s production of electric cars, taxis, and buses. The Chinese automaker, which has a slogan of “The Official Sponsor Of Mother Nature”, is currently promoting green public transportation projects outside China.

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