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Family offices made 52 direct investments in August and about a fifth went to biotech. Jeff Bezos and Bill Gates both backed LifeMine Therapeutics, which uses AI to search fungal genomes for new drugs.
Jeff Bezos chairs Amazon and owns Blue Origin outright. His private space company has hired at least 47 engineers away from Amazon's satellite unit to build a satellite network that competes with it.
Jeff Bezos and Facebook co-founder Eduardo Saverin have joined a billionaire consortium buying roughly 30% of Liverpool FC at a record $7.1 billion valuation, with an option to take majority control within a year.
Voyager Technologies founder Dylan Taylor says humans will be living and working on the moon by the early 2030s, with resource mining and orbital data centers among the first jobs up for grabs.
Jeff Bezos has joined a consortium buying about 30% of Liverpool from Fenway Sports Group at a valuation above $7 billion.
Amazon Kuiper Kenya has applied for a satellite internet licence in Kenya, putting Jeff Bezos on a direct collision course with Elon Musk's Starlink in East Africa.
KoBold Metals, backed by Bill Gates, Jeff Bezos and Sam Altman, has broken ground on the $2.5 billion Mingomba copper mine in Zambia and committed $50 million to Congo lithium exploration.
Jeff Bezos investments in Africa show up in two big levers, Amazon marketplaces and AWS cloud, plus a selective fintech bet.
The effort targets Nigeria's crippling power shortages, aiming to bring electricity to over 86 million individuals – nearly half the country's population – who lack access to this basic necessity.
With backing from Breakthrough Energy Ventures, led by Gates and Bezos, KoBold is poised to advance its operations rapidly to meet the surging global demand.
This move by Bezos and The Bezos Earth Fund follows their announcement in October 2022, outlining plans to collaborate with African and European nations.
Over the past four years, America’s third richest woman MacKenzie Scott has given over $1.1 billion to various charities across Africa.
AWS is a subsidiary of Amazon.com, Inc.
Bezos is the world’s fourth-richest billionaire, while Jay-Z is the world’s 2,085th richest man.
AWS is a subsidiary of Amazon.com.
Dangote is presently not only the richest man in Africa, but also the richest Black man in the world.