4OCEAN FOUNDERS NET WORTH
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WAGES - Nobody yet knows how much the workers of 4Ocean are paid.
The owners of 4Ocean are getting a lot of media coverage concerning the net worth of the founders, some positive and some negative. Whatever the slant of each article, for sure Alex Schulze and Andrew Cooper are responsible for removing a significant mass of marine plastic from beaches and even some scooped from the ocean. These days it is not just about cleaning up, it is about cleaning up sustainably in the quest for a truly circular economy. Scooping plastic using more diesel that adds to global warming and costs more than the recovered plastic just does not make sense for the planet. You might be better off doing a bit of beach combing yourself, or join a local group that organizes beach cleans.
The following is what some of the media are publishing about 4Ocean and the surfing duo.
TUCO JULY 2019
4Ocean was officially launched in 2017 by Alex Schulze and Andrew Cooper. The two surfers got the idea while on a
surfing trip to Bali. Instead of finding the massive waves they were looking for, the two founders saw an ocean filled with plastic waste and in desperate need of plastic removal services. They claim to have started with nothing, but now the 4Ocean net worth is enough to open multiple other businesses.
Is 4Ocean legitimate?
4Ocean is as valid as they come and is among the few companies in the world leading the race to remove plastic from the ocean. The founders were encouraged to establish the company after a visit to Bali, Indonesia, in search of the perfect waves.
Indonesia is second only to
China when it comes to pollution, which made it easier for the two friends to gain support from locals and other interested parties. After an interview with the lifeguard regarding the state of pollution, the two young men decided to start their own company to provide a feasible solution.
How is 4Ocean funded?
In a recent interview with CNBC, Cooper recalls how the company started generating revenue to pay the employees they have now and fund their ocean cleaning efforts. Cooper recalls visiting one of the surfing areas in Bali and meeting a few fishermen. After thrusting their nets in the water, the fishermen only managed to catch large chunks of plastic waste, which they threw back into the ocean.
Cooper and Schulze already had the idea of making items from recycled materials, but they did not know the perfect thing to commercialize. It was after this interaction that the pair decided to make affordable bracelets from the
plastic material they found in the ocean.
How much is a 4Ocean bracelet?
Every 4Ocean bracelet costs $20. Every bracelet purchased represents a pound of trash removed from the coastlines and the ocean in general. The more purchases you make, the more money raised to aid the removal of waste products from our oceans. The beads are also unisex and come with a 2 to 5-inch adjustable diameter. They are also waterproof and can be purchased using the 4Ocean monthly subscription plan. Using this subscription means you will receive 12 bracelets and help in pulling out at least 12 pounds of garbage from the ocean in a year.
The bracelets can be purchased from any part of the globe and shipped to your location through a pre-order option on the 4Ocean website. The bracelets also come in different designs with the
Whale Shark bracelet being the most common. This bracelet was designed in conjunction with the Guy Harvey Ocean Foundation.
4Ocean also has a 2-pound-pack bracelet called the Signature Blue Bracelet. Unlike its counterparts, this bracelet helps pull 2 pounds of plastic from the ocean. This option was released in July 2019, making it a relatively new option for 4Ocean followers. However, a single bracelet costs $40.
Lastly, you can purchase the 4Ocean legacy bracelets for $20 and aid the ocean-cleaning efforts initiated by this organization. Every bracelet costs $20 with options ranging from a sea turtle, seabird, shark, whale, marine nursery, earth day, manatee, sustainable fishing, coral reef, and polar bear bracelets.
4Ocean founders net worth
There is no verified information regarding Andrew Cooper 4Ocean salary or Alex Schulze net worth currently. Perhaps over time, the young Forbes 30 under 30 entrepreneurs will make details of their salaries public. However, the company managed to remove well over a million pounds of plastic from the ocean thus far and is aiming to make it two million. Considering every bracelet is worth $20, it is safe to say the company has made over $20 million without deducting expenses.
When asked in a recent interview why the company did not employ a non-profit motto like most in their field, Schulze said:
‘When you look at a non-profit, or charity, we really didn't want to go that route and ask for hand out, rather create a product and a business solution so this can be around long after we are gone.'
Most of the funds are used to run the company and pay workers and fishers who aid in collecting plastics. However, just like the 4Ocean CEO salary, little is known regarding how much the employees take home monthly or daily.
Since its launch, 4Ocean net worth continues to increase with most of the revenue coming from recycled bracelets which provide funds for pushing the clean-oceans agenda.
The company might be the biggest in the industry at the moment, but there are other industry players in the field as well. Purchase a bracelet today and help remove a pound of plastic in our highly polluted oceans. By Winnie Mwangi
- The costs of a 4Ocean bracelet is $ 20.00
(USD). By purchasing a 4ocean Leatherback Bracelet (June 2019), you’ll
pull one pound of trash from the ocean and coastlines. You’ll also help
researchers study and care for leatherback sea turtle hatchlings before they’re
released into the wild through a partnership with Florida Atlantic
University® Marine Research Lab. This bracelet represents a contribution to
the clean ocean movement and leatherback sea turtle conservation.
PR NEWSWIRE NOVEMBER 18 2018
- 4ocean Co-Founders Andrew Cooper and Alex Schulze Named Forbes 30 Under 30 Social Entrepreneurs
The two surfers recognized that the proliferation of plastic threatened both the ocean environment and the fishermen's livelihood. Cooper and Schulze realized that they could hire fishermen to pull plastic from the ocean and thus began 4ocean.
Founded in January 2017, 4ocean funds its efforts from the sale of 4ocean bracelets made from recycled materials. Every bracelet purchased removes one pound of trash from oceans and coastlines. In less than two years, 4ocean has removed 2.2 million pounds of plastic and trash from the waterways. Additional 4ocean products include reusable bottle and cleanup combos.
4OCEAN CO-FOUNDERS - 4Ocean sells $20 bracelets made from recycled plastic and for every bracelet purchased, the company removes one pound of trash from the ocean. In just two years, it has removed over two million pounds of trash. 4Ocean also hires local fishermen, captains and crew for all cleanups, offsetting any lost wages due to pollution.
NEWSWEEK JANUARY 16 2019 - THE CREATIVE CLASS OF 2019
“Our mission with the OPR Vessel is to attack shoreline plastic simultaneously while booms are collecting plastic debris. At the same time, we will be handling reclamation projects in large geographic square areas to clean up the oceans and river deltas in order to make those areas functionable, usable and sustainable.”
Cooper is quoted as saying:
OCEAN CLEANUP PROJECTS
* Aliance to end Plastic Waste AEPW
* Boyan Slat's ocean booms
* Junk Raft - plastic awareness voyage
* Miss Ocean - Plastic Awareness Events
* Plastic Oceans Canada
* Plastic Oceans Org
* SeaVax autonomous drones
4Ocean are not alone in the fight against ocean plastic. These emerging technologies could all play a part in containing the mountain of plastic that is accumulating on the oceans floors, by recovering floating debris before it sinks. New ideas are welcomed.
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