Elon Musk, the richest particular person on the planet, says he’ll promote $6 billion US price of Tesla inventory and donate the proceeds to the United Nations’ meals company if it might present how the cash would remedy world starvation.
His assertion got here after UN World Meals Program government director David Beasley challenged Musk, Amazon founder Jeff Bezos and different billionaires in a CNN interview final week, calling on them to step up on “a one-time foundation” to assist finish hunger.
Within the interview, Beasley stated billionaires might give “$6 billion to assist 42 million folks which might be actually going to die if we do not attain them.”
“It is not difficult,” he stated.
That cash could be roughly two per cent of Musk’s fortune, almost $300 billion US, in keeping with Forbes. His wealth and the wealth of many American multibillionaires has grown shortly in the course of the COVID-19 pandemic, because of elevated inventory and residential fairness, much more than earlier than the virus struck.
The SpaceX founder posted Sunday on Twitter: “If WFP can describe on this Twitter thread precisely how $6B will remedy world starvation, I’ll promote Tesla inventory proper now and do it.”
“But it surely have to be open supply accounting, so the general public sees exactly how the cash is spent,” he added.
Company’s donations fall brief
In 2020, the company acquired $8.4 billion in donations, which it says was $5.3 billion in need of its necessities. Its high donors embody the US, Germany and the UK.
Beasley responded to Musk on Twitter, writing $6 billion is not going to remedy world starvation, “however it can forestall geopolitical instability, mass migration and save 42 million folks on the point of hunger. An unprecedented disaster and an ideal storm resulting from Covid/battle/local weather crises.”
He additionally supplied to fulfill with Musk to debate the subject.
“Please publish your present & proposed spending intimately so folks can see precisely the place cash goes,” Musk stated in a Twitter reply. “Daylight is an excellent factor.”
It remained unclear Monday whether or not a gathering will probably be set.