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2% of Elon Musk’s Wealth Potential Solution To World Hunger Problem?

Highlights:

  • Executive Director for the United Nations World Food Programme, David Beasley affirms 2% of Elon Musk’s Wealth could be the answer to the world’s hunger issues.
  • Elon Musk retaliates with an open challenge to WFP asking for an explanation on how the sum of $6 billion resolves the hunger problem.

Business magnate and billionaire, Elon Musk has flung an open challenge to the Executive Director of UN World Food Programme (WFP), David Beasley, who latterly uttered how 2% of Elon Musk’s wealth would suffice to end the world Hunger problem, in one of his interview on CNN.

Tesla CEO, Elon Musk is supposedly the world’s richest man possessing a net worth of $289 billion. Therefore, 2% of this amount would approximate around $6 billion. David stated that it was fairly easy to grasp the idea that $6 billion to aid 42 million people are precisely going to die if not reached out to.

This comment from the UN attracted defiance from Elon, who took to Twitter to challenge the WFP and sought an elaborate explanation as to how the $6 billion would cure the world hunger issue and insisted that only the UN need to unveil how the money shall be spent.

In exchange for the explanation sought, the Business tycoon promised to sell his Tesla stocks then and there. He demanded an open-source accounting for the public to be able to witness how the entire money is spent.

Beasley promptly replied to this and denied saying that $6 billion would solve world hunger issues. What he meant was that sparing 2% of his (Elon’s) wealth or $6 billion would cater to 42 million lives dwindling at the peak of an unparalleled hunger crisis. Additionally, he clarified that the $8.4 billion that Elon referred to makes up for assisting 115 million people in 2020.

Also Read, India Points Out That Membership to Nuclear Supplier’s Group Vital For Accomplishing Climate Goals

As of now, there is a requirement of over $6 billion besides the existing funds due to the heightened impact of “Covid, conflict and climate shocks”, added Beasley. David, researcher and co-founder of Deep Instinct tweeted that the $6 billion would aid in preventing geopolitical instability and mass migration and with help from Musk, hope can be ignited and a stabler future could be carved out.

Musk reverted asking for an elaborate public disclosure of the current and proposed spending so that people can comprehend “where exactly the money goes.’’

The post 2% of Elon Musk’s Wealth Potential Solution To World Hunger Problem? appeared first on XPLORING INDIA.



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