Bill Gates’ energy ventures have 50% success chance, still he supports innovations

Emirates News Agency | Nov 19, 2019 at 8:32 PM
  • By Binsal Abdulkader ABU DHABI, 19th November, 2019 (WAM) — The world’s richest man Bill Gates said the energy ventures supported by him risked a 50 percent failure, still he wanted to encourage innovations.
  • That’s why I created this breakthrough energy venture, which is investing in many early-stage companies,” Gates said in a meeting with journalists from the Emirates News Agency, WAM; Associated Press and the Daily Telegraph after participating in the Reaching the Last Mile, RLM, Forum at Louvre Abu Dhabi on Tuesday.
  • Gates said his foundation’s 8-year long investments in polio vaccine would make some breakthrough in the next year.