Investing

Secretive Billionaire Kenneth Dart Makes $6.7 Billion Bet on Tobacco Stocks

  • Investor has bought British American Tobacco, Imperial Brands
  • Kenneth Dart has invested in distressed sovereigns, biotechs

   

Photographer: Jason Alden/Bloomberg

Lock
This article is for subscribers only.

It took decades for sustainable investing to become mainstream, but now every week one giant investor after another announces their commitment to ESG.

Kenneth Dart will not be joining that club.