Elon Musk and Jeff Bezos only need to donate fraction of wealth to save 42 million people from hunger – YP

Elon Musk and Jeff Bezos only need to donate fraction of wealth to save 42 million people from hunger - YP

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Elon Reeve Musk FRS is an entrepreneur and business magnate. He is the creator, CEO, and Chief Engineer at SpaceX; early-stage financier, CEO, and Product Architect of Tesla, Inc.; creator of The Boring Business; and co-founder of Neuralink and OpenAI.

Musk was born to a Canadian mother and a South African father and raised in Pretoria, South Africa. He briefly attended the University of Pretoria before relocating to Canada aged 17 to attend Queen’s University. He transferred to the University of Pennsylvania two years later, where he received bachelor’s degrees in economics and physics. He moved to California in 1995 to go to Stanford University but decided instead to pursue a business career, co-founding the web software application company Zip2 with brother Kimbal. The start-up was acquired by Compaq for US$ 307 million in 1999. The exact same year, Musk co-founded online bank X.com, which combined with Confinity in 2000 to form PayPal. The company was bought by eBay in 2002 for $1.5 billion.

Elon Musk and Jeff Bezos only need to donate fraction of wealth to save 42 million people from hunger – YP – What’s Next?

From our friends at: www.scmp.com

Forty-two million lives could be saved from hunger if 400 of the world’s richest billionaires were to donate just 0.36 per cent of the increase in their net worth from the past year, the head of the United Nations’ World Food Programme said on Wednesday.

To save 42 million lives, that is US$6 billion dollars – a cost that is only a fraction of some of the world’s richest bank accounts.

In a CNN programme, David Beasley, executive director of the UN body, called out two of the richest people on Earth – Jeff Bezos, founder of e-commerce giant Amazon, and Elon Musk, the CEO of Tesla – and urged them to help fight world famine.

Jeff Bezos, the founder of Amazon, is one of the richest people in the world. Photo: AFP

“This is what’s heartbreaking: I’m not asking [the billionaires] to do this every day, every week, every year. We have a one time crisis – a perfect storm of conflict, climate change, and Covid. It’s a one time phenomenon,” Beasley said.

Musk’s net worth rose by US$25 billion on Tuesday alone after Tesla’s stocks soared. According to Forbes, Musk is wealthier than any billionaire it has ever tracked.

Bezos’s net worth has also gone up by US$86 billion since January last year.

Meanwhile, millions of people around the world are suffering from malnutrition. According to the UN, 22.8 million people in Afghanistan – about half of the country’s population – are in acute need of food assistance.

In Ethiopia, 5.2 million people – about 90 per cent of its population – need emergency food assistance, while in Yemen, 16.2 million people are food insecure.

7 facts about global hunger on World Food Day

Beasley urged the world’s billionaires to step up immediately, on a one-time basis.

“US$6 billion to help 42 million people that are literally going to die if we don’t reach them. It’s not complicated,” he said.

He challenged billionaires to come with him on a trip to see the reality of the starvation crisis.

“Every four seconds, someone’s dying out there from hunger-related causes … [we’ve] got a vaccine for this. It’s called money, food. It’s easy. Billionaires need to step up,” he concluded.

Posts About Elon Musk On Facebook

Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later on became PayPal), SpaceX in 2002 and Tesla Motors in 2003. Musk became a multimillionaire in his late 20s whenever he sold his startup business, Zip2, to a department of Compaq Computers.

Is Elon Musk the richest man worldwide?

As of 2 p.m. EDT Tuesday, Musk is in 1st place, worth an estimated $255.2 billion. Bezos is second wealthiest, at an estimated $194.1 billion. Arnault follows in the number three spot, worth $185.2 billion, according to Forbes’ price quotes.

Did Elon Musk come from money?

Elon Musk was not born into wealth, unlike numerous lucky businesspeople. He developed himself up through his own innovations and determination. There have actually been reports that Musk’s dad was a wealthy, emerald mine-owning male, that isn’t real, and Musk has actually acquired nothing from his daddy.

What is Elon Musk IQ level?

While there are no official sources that have tested Musk, his IQ is typically estimated to be 155. Professionals have based this on his potential to understand and apply complex technical data, his initial intelligence tests, and how he uses his understanding to drive development in complex markets.

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