After stepping down as Amazon CEO, the American internet entrepreneur, industrialist, the founder of the multinational technology company Amazon; Jeff Bezos now urges people to invest in plant-based meat products.
After retiring from the most renowned company, Jeff Bezos stated that he would focus on his Bezos Earth fund and will use it as an investment in plant-based meat companies. All about Bezos Earth Fund
A ten billion dollar fund was launched in feburary last year to protect the planet. The other motif of the event was to fight the ongoing climatic changes.
Since then, Bezos has donated to a vast number of organizations for the same purpose. These organizations include Dream Corps Green for all; The hive fund for climate and gender justice;
Eden Reforestation Projects; The nature Conservatory and the world wildlife fund.
He even posted a picture on his official Instagram handle of our mother earth, beautifully surrounded by trees with a message that he wants to explore new ways of fighting the devasting impact of
climate change on the planet that we all share.
Once in an interview, while talking about his new Earth fund, he said an eye-opening line, which was as follows, “Climate change is the biggest the threat to our planet.”
Jeff Benzo’s take on the matter.
Jeff Bezo’s current plant-based investment Jeff Bezo’s has already started investing in plant-based meat companies. Last the year he made an investment worth 30 million dollars for a vegan mayonnaise company. This investment will surely attract more business tycoons and big companies to invest and to support plant-based food products.
Not only Jeff Bezos but other renowned billionaires, including Richard Branson and Bill Gates are leading a funding round for vegan products. This is a ninety million dollars series. This whole amount is funded for a new vegan meat startup name Motif.
Support for plant-based meat from other billionaires.
Not only this, but the founder of Amazon, Virgin, and Microsoft that is Bezos, Branson, and Gates have invested in many other vegan companies as well. Some of them include vegan burger giants, like Impossible Food and Beyond Meat.
After the investment done by the three tycoons, Impossible food is growing and developing at a faster pace, and are looking forward to doubling the production for vegan meat, and for the same, they have
started hiring people. While, on the other hand, according to the reports given by CNBC, Beyond meat is trying to grow by diversifying its menu, by launching new vegan food items like Vegan Bacon and vegan steak.
Well, looking at the examples, we can say that vegan companies have now started getting attention in the market, and is growing at a fast rate, as many companies are trying to launch new products to add to
their menu to attract more people, while some other companies are trying to hire more number of employees so that they can have two shifts, which would lead to a double profit of the company.
The plant-based meat and food products have not only made their entry but have sustained in the market. There has been a rise in deman of plant-based meat during the pandemic of COVID-19.