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Recent Ethanol Investments Made By Some Of The Richest And Most Successful People In The World
By Mr Ethanol | January 23, 2008
* Bill Gates, the richest man in America, allocated $84 million into Pacific Ethanol, Inc.
* Sir Richard Branson, chairman of the Virgin Group and worth an estimated $3 billion, has plans to invest $300 to $400 million to produce and market this promising alternative fuel. He says, “This is the win-win fuel of the future.”
* Vinod Khosla, “guru” of Silicon Valley, co-founder of Sun Microsystems, and one of ethanol’s most vocal advocates, has invested millions of his own dollars in private companies involved in the development of ethanol.
* What’s more, industry titans are recognizing the value of providing the American public with an alternative. Wal-Mart announced that it is considering offering corn-based ethanol at its 383 gas stations throughout the U.S.
* Not to be left behind, several Big Oil companies, including Shell and Exxon Mobil, are funding ethanol research.
A booming industry, to be sure! It will only get bigger from here…
Source: Gulf Ethanol.
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