4.6 • 12 Ratings
🗓️ 27 September 2025
⏱️ 5 minutes
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With climate funding under threat, Wendy Schmidt is becoming an increasingly vital philanthropist—supporting deep-sea discovery, public media, and scientific collaboration across the globe.
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| 0:00.0 | Here's your Forbes Daily Briefing for Saturday, September 27th. Today on Forbes, why billionaire |
| 0:08.1 | Wendy Schmidt is doubling down on climate science in the age of Trump. When a deep-sea |
| 0:14.4 | expedition off the coast of Argentina this summer discovered otherworldly coral forests, neon-hued |
| 0:20.2 | sea stars, and dozens of other unknown species, |
| 0:23.7 | the scientific team didn't just credit advanced imaging or good weather. |
| 0:27.8 | They credited Wendy Schmidt. |
| 0:30.6 | Dr. Martine Broger, a marine biologist with Argentina's National Scientific and Technical Research Council, |
| 0:36.7 | and a senior scientist on board, |
| 0:38.8 | said, quote, this expedition would have been impossible without Schmidt Ocean Institute. |
| 0:44.9 | He estimates the value of the ship time, crew, equipment, and technology provided by Schmidt Ocean Institute, or SOI, |
| 0:53.1 | to be around $1.5 million, roughly 1.3 billion |
| 0:57.9 | Argentine pesos. |
| 0:59.6 | In investment, he says, it would have been, quote, nearly impossible to match through public |
| 1:04.7 | funding. |
| 1:06.1 | However, under SOI's model, scientists gain access to the vessel and its resources provided, they share |
| 1:12.0 | their research openly with the public. Schmidt told Forbes, quote, that's the deal. It's about |
| 1:17.9 | science and service of everyone. That voyage, one of nearly 100 expeditions supported by Schmidt |
| 1:25.3 | Ocean Institute, marked a milestone for Argentina, |
| 1:28.8 | where research of this scale is rarely feasible due to limited scientific infrastructure. |
| 1:34.2 | It also marked a symbolic one for Schmidt's expanding role in global climate philanthropy. |
| 1:39.4 | She and her husband, former Google CEO Eric Schmidt, who Forbes estimates is worth $30.2 billion, have directed |
| 1:47.3 | a significant portion of their $2 billion in lifetime giving towards environmental initiatives, |
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