Washington: Elon Musk, the richest person in the world, says he will sell $6 billion worth of Tesla stock and donate the proceeds to the United Nations’ food agency if it could show how the money would solve world hunger.
His statement came after U.N. World Food Programme Executive Director David Beasley challenged Musk, Amazon founder Jeff Bezos and other billionaires in a CNN interview last week, calling on them to step up on “a one-time basis” to help end starvation, said AP.
In the interview, Beasley said billionaires could give ”$6 billion to help 42 million people that are literally going to die if we don’t reach them.”
That money would be approximately 2% of Musk’s fortune, nearly $300 billion, according to Forbes. His wealth and the wealth of many American multi-billionaires has grown quickly during the COVID-19 pandemic, thanks to increased stock and home equity, even more than before the virus struck.
Elon Musk, the richest person in the world, says he will sell $6 billion worth of Tesla stock and donate the proceeds to the United Nations’ food agency if it could show how the money would solve world hunger.
The SpaceX founder posted Sunday on Twitter: “If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it.”
In 2020, the agency received $8.4 billion in donations, which it says was $5.3 billion short of its requirements. Its top donors include the United States, Germany and the United Kingdom.