Jeff Bezos Suing Long Term Investor NASA

Advertisements

Can you imagine being Jeff Bezos? Rich, filthy rich….and still kicking billions of dollars like it grows on trees? Well, yea, that’s the (ex) Amazon man for ya. Although he’s generally in a ‘winning’ season, season’s change. And this time, it was an ‘L’ he had to take. But guess how much? You ready? 5.5 billion. Yep, his earth fund recently has had lots of fingers pointed at it; blaming Bezos’s Earth Fund for not conserving proper amounts of energy. He lost the legal battle to an energy focused tech company called BlocPower.

“The goal of the Bezos Earth Fund is to support change agents who are seizing the challenges that this decisive decade presents,” Andrew Steer, President and CEO of the Bezos Earth Fund, said in a statement announcing this week’s grants. “Through these grants, we are advancing climate justice and the protection of nature, two areas that demand stronger action.”

“Disadvantaged communities have borne the brunt of environmental damage for too long and are key players in driving the necessary solutions,” said Lauren Sanchez, Vice Chair of the Bezos Earth Fund. “With each grant we make, we are supporting leading institutions working with communities to advance climate justice efforts.”

Just What Is BlocPower

Well according to reports, the ‘green’ focused tech company actually saves people money on their electric bill by 20-40%. The founder of BlocPower predicts that 100 million commercial buildings across the U.S. waste $100 billion on fossil fuels. The company has raised $50 million earlier and is backed by the world’s top investors, including Kapor Capital, one of Uber’s first investors, Andressen Horowitz, an early investor in Facebook, Twitter, AirBnB and Lyft, the former Chairman of Google, and American Family Insurance Institute for Corporate and Social Impact.

Lately, though; Bezos has his hands on some other toys. Space toys that is. About twenty years ago, Bezos founded an aerospace manufacturer that was funded heavily by NASA for several years investing billions of dollars into the LLC. However, NASA has decided to invest in other companies and Bezos isn’t so happy about that. He’s recently filed a lawsuit against the government agency for choosing to invest in his nemesis, Space X and not him Blue Origin.

Nasa Projects 2025 Human Moon Landing

Initially they claimed it would be a year sooner, but now that’s been pushed back to 2025. Even still, the first Space Launch System could happen in February. ’And when we land the first woman and the first person of color on the moon, we’ll inspire kids here and around the globe,’’ a judge that sided with NASA said.

Recently, Bezos stepped down as CEO of Amazon just before his divorce. He currently has a girlfriend with whom he travels with and seems to be enjoying his new life.

See the source image
Jeff Bezos, Founder of Space: Blue Origin

Advertisements

Leave a Reply