Elon Musk could end world hunger with just 2% of his wealth

Elon Musk It could end hunger in the world if it only allocated 2% of its total wealth, said the executive director of the HIM-HER-IT for the World Food Program, David Beasley.

Musk, who earned 36 billion dollars in a single dayYou wouldn’t even need to put up your money if you can get other billionaires to put up a tiny fraction of your wealth for this purpose.

Critical context

“Governments are stiff. This is when billionaires must step up now for the one time only: $ 6 billion to help 42 million people who are literally going to die if we don’t reach them. It’s not complicated, “he told CNN David Beasley.

“I’m not asking you to do this every day, every week, every year,” he continued. Beasley. “We have a unique crisis. We have a perfect storm of conflict, climate change and covid ”.

In accordance with Beasley, There are 43 teams of 42 million people who are at the emergency level of the Integrated Food Safety Phase Classification.

“I am in favor of people who earn money, but God knows that I am also in favor of helping people who are in great need at this time,” said the leader. “People are dying there.”

The communication medium Quartz conducted an analysis of charitable donations from Musk at the end of 2020 and discovered he donated around 257 million to his own foundation, the Foundation Musk, of its total assets, which is equivalent to about 289 billion.

“Musk is following a strategy that the ultra-rich in technology (and elsewhere) have followed for years: creating a donor-advised fund to make their donations. They are like checking accounts for wealthy donors where funds can grow tax-free and grants can be directed anonymously over time, ”the report notes.

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Elon Musk could end world hunger with just 2% of his wealth