Page 143 - Forbes - USA (October 2019)

Michael Dell Diane Hendricks
Liesel Pritzker
The Hyatt Hotels heiress is an
avid impact investor through her
Blue Haven Initiative, which bills
itself as “one of the first family
offices created with impact in-
vesting as its focus.” It’s invested
in Kenyan solar energy compa-
ny M-Kopa and Nigeria’s on-
line payment startup Paystack.
She also created the ImPact, a
pledge calling on wealthy fam-
ilies to pursue investments with
measurable social returns.
Steve & Jean Case
Their foundation’s Impact
Investing Network Map tracks
transactions between impact
investors and socially con-
scious startups in an effort
to make the burgeoning sec-
tor more transparent.
Sean “Diddy”
Combs
The hip-hop artist has invest-
ed in Andreessen Horowitz’s new
Cultural Leadership Fund, which
donates all fees and profits to
nonprofits that help African
Americans join the tech sector.
Jim Coulter
The Rise Fund, of which he is
co-managing partner, has im-
pact investments in more than
25 companies including Zipline,
a drone-based rapid deliv-
ery service for healthcare pro-
viders in Ghana and Rwanda.
EDUCATION INTERNATIONAL HEALTHCARE
Irwin Jacobs
His and his wife’s foundation To revive Beloit, Wisconsin, Hen- The Qualcomm founder has in-
has invested in urban educa- dricks repurposed an old factory vested millions in social impact
tion, such as for-profit education campus as a modern working startups, such as water purifi-
technology platforms in India. space with a startup incubator. cation company CycloPure and
clean-engine maker Tour Engine.
John Doerr Reid Hoffman
Paul Tudor Jones
An early backer of clean- The LinkedIn cofounder has put
tech companies, the VC is now $1.5 billion into impact invest- The hedge fund manager co-
an investor in G2VP, a $350 ments through charitable en- founded research nonprofit
million cleantech fund. tities—specifically foundations JUST Capital, which ranks Rus-
and donor-advised funds. He sell 1000 companies on their im-
Dagmar Dolby backs groups like low-cost mo- pact on communities, employ-
bile payment app Segovia. ees, customers and others.
In 2014, Dolby and her fam-
ily founded Dolby Fami-
ly Ventures, an impact invest-
ment entity that bets mostly
on biomedical startups.
Cheryl Dorsey
As president of the fellow-
ship program Echoing Green,
she led $2.6 million worth
of investments in 56 social-
good organizations in 2018.
Bill & Melinda Gates
The couple’s foundation has put
about $2 billion into for-prof-
it businesses that address health-
care and poverty, with returns
coming back to the foundation.
Daniel Gilbert
The Quicken Loans cofound-
er and his companies are pump-
ing $5.6 billion into the revital-
ization of Detroit’s downtown.
Al Gore
In May, his investment man-
agement firm raised over $1 bil-
lion for its Sustainable Solutions
Fund, which will back later-
stage startups that focus on en- Evan Williams
vironmental solutions, health-
care and financial inclusion. Obvious Ventures, which the Twitter cofounder helped set up, focus-
es on “world positive” investing, betting on companies that it thinks
have disruptive solutions to some of humanity’s biggest problems.
Arlan Hamilton So far it has raised over $315 million and put money into 47 portfo-
lio companies including sustainable diamond manufacturer Dia-
Her Backstage Capital funds mond Foundry, which grows cultured diamonds in a California lab,
companies led by minority and and plant protein company Beyond Meat, whose successful IPO this STEPHEN VOSS/REDUX (NEAR LEFT)
female founders, like maternal year encapsulates the notion of a double bottom line. A certified B
and child healthcare platform Corp, Obvious even incorporates values into its “World Positive” term
Mahmee and criminal justice sheets that investors and founders can sign.
software startup Promise.
POVERTY/INEQUALITY TECHNOLOGY ENVIRONMENT URBAN RENEWAL CIVIC ENGAGEMENT DIVERSIFIED ON THE 400 LIST