We shall better understand this from the poising them together.

Men let go their enmity and hatred, when either they are persuaded they were not injured at all, or if they now believe them to be good whom before they hated as evil, or, lastly, when they are appeased by the insinuations of a benefit received. For as Thucydides saith, A later service or good turn, if it be done at the right moment, will take away the ill resenting of a former fault, though this was greater than the recompense.Thucyd. I. 42.

Yet the first of these removes not envy, for men will persist in this vice, though they know they are not wronged; and the two latter (the esteem or credit of a person, and the bestowing a favor) do exasperate it more. For they most envy the virtuous, as those who are in possession of the chiefest good; and when they receive a kindness from any in prosperity, it is with reluctance, as though they grudged then not only the power but the will of conferring it; the one of which comes from their happy fortune, the other from their virtue. Both are good. Therefore envy is an entirely distinct affection from hatred, since, as we see, the very things that appease the one only rouse and exasperate the other.

Now let us consider a little the inclination and bent of either passion.

The design of hatred is to endamage; and hence they define it, an insidious desire and purpose of doing hurt. But envy aims not at this. Many envy their familiars and kinsfolk, but have no thoughts of their ruin nor of so much as bringing any troubles upon them; only their felicity is a burden. Though they will perhaps diminish their glory and splendor what they can, yet they endeavor not their utter subversion; being, as it were, content to pull down so much only of an high stately house as hindered the light and obscured them with too great a shade.