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Walmart heir Lukas Walton’s Builders Vision puts S2G on a path to independence
The Walmart heir, worth $28 billion, is bringing on new limited partners to expand S2G's investment reach.
Walton started S2G in 2014 to invest in startups focused on energy, agriculture, and the oceans, with the goal of creating a new crop of companies that would benefit the climate and the environment. Though Walton himself is worth a hefty sum —$28.3 billion according to Bloomberg — the amount of investment required for the world to reach net zero carbon emissions by 2050 makes his fortune look paltry. By setting S2G loose from Builders Vision, Walton is following a well-worn path used by many philanthropists, who often provide initial and some ongoing funding to get an endeavor off the ground.
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