The latest must-have among US billionaires? A plan to end the climate crisis

Elon Musk, Jeff Bezos and Bill Gates have an estimated wealth of $466bn – and are emblematic of a Davos-centric worldview that sees free markets and tech as the answer

The latest must-have for America’s ultra-rich isn’t another mega yacht or space program – it’s a plan to save the world from the climate crisis.

Related: The race to zero: can America reach net-zero emissions by 2050?

The mindset is to invest funds in a bunch of things and hope a few will really succeed

Related: ‘They aren't used to losing’: wealthy New York enclave battles over offshore windfarm