Brad Pitt and Laurene Powell Jobs are reportedly invested in a mysterious 'cold fusion' energy company

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Brad Pitt, Laurene Powell Jobs and UK-investor Neil Woodford are all investors in North Carolina-based energy company Industrial Heat.

Brad Pitt, Laurene Powell Jobs and Neil Woodford are all investors in North Carolina-based energy company Industrial Heat, the Financial Time reported on Friday.

Pitt and Powell are not the only celebrities betting on nuclear fusion companies. In March, CNBC reported that Jeff Bezos has poured million of dollars into a start-up trying to commercialize fusion energy called General Fusion. The company and its investors are betting on a science that creates energy without environmentally harmful gases and nuclear waste.

Powell's Emerson Collective bought a $10 million stake in the holding company that owns Industrial Heat last year, the report said. Woodford's stake is around $113 million.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

that was a 1990s Elizabeth Shue Movie.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines