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Green tycoon Dale Vince borrows £17m to pay divorce settlement
Yahoo Finance· 2026-02-03 19:03
Core Viewpoint - Dale Vince, a prominent Labour donor and green energy entrepreneur, has borrowed £17.5 million from his business empire to cover divorce settlement costs, highlighting the intersection of personal finance and business operations in the green energy sector [2][3]. Company Overview - Dale Vince owns Green Britain Group, which manages his wind farm company Ecotricity, Forest Green Rovers football club, and other business interests [2]. - Ecotricity, founded in 1995, has grown into one of Britain's largest independent clean energy businesses, starting with a single turbine and now owning 24 wind farms across the UK [6]. Financial Performance - Ecotricity reported a turnover of £551.9 million for the 12 months ending April 30, 2025, representing a 21% year-on-year increase [8]. - The company more than doubled its pre-tax profits to £10.4 million, driven by higher sales [8]. Donations and Political Involvement - Ecotricity has donated over £6 million to the Labour Party since 2013, with more than £5 million contributed since Sir Keir Starmer became party leader in April 2020 [5]. - The company has also made donations to the Liberal Democrats and the Green Party, as well as to individual Labour politicians [6].
X @Decrypt
Decrypt· 2025-12-04 17:40
Political Donation - Reform UK received Britain's largest political donation ever [1] - The donation came from a Tether investor [1]
Trump's list of donors for White House ballroom misses the richest man on Earth
MINT· 2025-10-25 09:41
Core Points - The White House disclosed the list of donors for President Trump's $300 million ballroom project, which includes major tech companies and billionaires [1][4] - Notably absent from the donor list is Elon Musk, who was previously a significant supporter of Trump and a major donor to his political campaign [2][5] - The ballroom will be a 90,000-square-foot facility with a seating capacity of 650, funded entirely through private donations [3] Donor Information - The donor list features prominent companies such as Amazon, Google, Meta, Microsoft, Coinbase, and T-Mobile, along with various billionaire investors [4] - Trump has stated that he will also contribute to the construction of the ballroom [4] Elon Musk's Political Donations - Musk has previously donated approximately $288 million to Trump's campaign, making him one of the largest political donors [5] - In May, Musk indicated a shift in his approach to political donations, expressing intentions to reduce future contributions [6] Relationship Dynamics - The absence of Musk from the donor list follows a public fallout between him and Trump, marked by personal insults and disagreements over legislation affecting Tesla [7] - Despite their differences, there have been attempts from both sides to reconcile, with Trump acknowledging Musk's past contributions [9]