AMID the $6 million homes perched on a beachfront cliff in this conservative Southern California enclave, the seven-year-old Honda Civic hybrid with the Obama bumper sticker is the giveaway.
It’s not the usual drive of choice for wealthy former hedge fund managers like David Gelbaum. Then again, there’s not much that is business as usual about Mr. Gelbaum, an intensely private person who happens to be one of the nation’s largest — and largely unknown — green technology investors and environmental philanthropists.
Mr. Gelbaum has invested $500 million in clean-tech companies since 2002
through his Quercus Trust, amassing a portfolio of some 40 businesses
involved in nearly every aspect of the emerging green economy, be it
renewable energy, the smart electric grid, sustainable agriculture, electric
cars or biological remediation of oil
spills. He has poured almost as much into environmental causes.
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Author: TODD WOODY