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The top 15 green energy fortune billionaires are Chinese entrepreneurs, accounting for 12

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According to US media reports, as the global climate crisis intensifies, the world’s fastest growing wealth group is now green energy wealth. Now, the top 15 list of green energy wealth billionaires has been published. Only three companies from western countries have entered the list, and the remaining 12 are all Chinese entrepreneurs. American media reported that in addition to Elon Musk, almost all of the list are Chinese entrepreneurs.

According to reports, as the global climate crisis intensifies, the world’s fastest-growing wealth group is reflected in the green energy wealth, which is due to the new generation of billionaires getting wealth in the clean energy boom. The 15 green energy wealth millionaires in the latest ranking of Peng Bo show us the explosive wealth growth brought by electric cars, green batteries and solar energy.

Not every cent of this wealth comes from green energy wealth related enterprises, but the core of these enterprises are products to reduce greenhouse gas emissions. At the top of the list is Elon Musk, CEO of Tesla Inc., whose wealth has soared 622% in the past year to $19.92 billion. Her net green asset value, that is, part of his wealth related to cars and solar energy, is 1, 80.7 billion dollars, 91% of his total wealth, but this does not include his interests in other businesses, such as space rockets.

Although Musk’s green energy wealth at the top of the list is almost three times the total green energy wealth of the top five Chinese billionaires, musk is the only western entrepreneur in the top five. All this is due to the world’s largest Chinese electric vehicle battery supplier, Ningde Times New Energy Technology Co., Ltd. (ctal), which ranks second in the list. Catl’s customers also include Tesla.

According to the report, 80% of the green energy wealth billionaires in the list come from China, which indicates that China has become the manufacturing center of clean energy technologies such as solar modules and the largest market for electric vehicles. China promised in 2020 to achieve carbon neutrality by 2060. China’s already booming green industry is expected to get further development. In order to catch up with China’s development in clean energy technology, the European Union is formulating a green agreement that requires hundreds of billions of euros of investment every year. At the same time, in the United States, Biden rejoined the Paris climate agreement at the beginning of his term of office, and proposed a $2 trillion clean energy plan.

It is reported that more than half of the green energy wealth billionaires on the list are tycoons who produce electric vehicles or electric vehicle batteries. In 2020, nearly 3 million electric vehicles will be sold, with Chinese buyers accounting for a third of the total, according to the data from Bloomberg. This has increased the green energy wealth of Chinese billionaires, such as Wang Chuanfu, LV Xiangyang and Xia Zuoquan, the largest shareholders of battery and electric vehicle manufacturer BYD, and Liu Jincheng, chairman of Yiwei lithium energy, a lithium battery company. Li Zhenguo, a major shareholder of Longji Green Energy Technology Co., Ltd., the world’s largest manufacturer of solar panel components in China, is third on the list. Now, the top 15 list of green energy wealth billionaires has been published. Only three companies from western countries have entered the list, and the remaining 12 are all Chinese entrepreneurs.

List of green energy billionaires

From the South + read more: IEA: renewable energy power generation accounts for nearly 90% of the world’s total new power generation in 2020 Survey: India is the fourth largest wind power country in the world. In 2017, China’s installed capacity of hydropower, wind power and photovoltaic power generation has steadily ranked the first in the world. In April 2017, Germany’s single day renewable energy power supply ratio reached 85%. EIA: in the first half of 2018, renewable energy in the United States exceeded nuclear energy Share close to 20% FERC: in April 2019, renewable energy power generation in the United States surpassed coal power generation for the first time EU: solar power generation costs the highest Input output ratio imbalance (download attached) Edmunds: in 2015 Q1, the proportion of hybrid car owners reached 22%. Stanford University: the United States is expected to use 100% renewable energy in 2050. IEA: the global renewable energy power generation is expected to account for 28% of the total power generation in 2023. PwC: 2017 Q1 China clean energy and Technology Industry Investment Research Report technation: UK venture capital investment in 2019 Investment report PwC: Q3 China clean energy and Technology Industry Investment Research Report in 2018 (with download)

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