World Richest Man, Elon Musk Challenges UN to Show its Calculation and Get N2.4trn to End Hunger in the World

World Richest Man, Elon Musk Challenges UN to Show its Calculation and Get N2.4trn to End Hunger in the World

  • World richest man, Elon Musk, has asked the United Nations’ World Food Programme to prove that 2% of his wealth can solve world hunger
  • Though Musk agreed to give his money but gave a condition that the UN must publish how the money will be spent publicly
  • Musk was responding to a quote that a one-time payment of 2% wealth of billionaires alike can solve global hunger

Elon Musk, the world’s richest man, has challenged a claim credited to Director of the United Nations’ World Food Programme, David Beasley, that just a small percentage of his wealth could help solve world hunger.

Beasley specifically called for action from Musk and Inc. co-founder Jeff Bezos, the two men atop the Bloomberg Billionaires Index.

Beasley was quoted as saying just $6 billion (N2.4trn) could keep 42 million people from dying.

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World Richest man, Elon Musk challenges UN to show its calculation and get N2.4trn to end hunger in the world
Elon Musk Credit: Patrick Pleul
Source: UGC

In response on Tuesday, Elon Musk challenged the director of the World Food Programme to bring out the calculation on how his 2 percent wealth can solve world hunger.

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Musk tweeted:

“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. But it must be open source accounting, so the public sees precisely how the money is spent.”

In defence, the UN official reacted:

“We’ve never said $6B [billion] would solve world hunger. This is a one-time donation to save 42 million lives during this unprecedented hunger crisis. The $8.4B you refer to covers what we needed to reach 115 million people in 2020 with food assistance.
“We need $6B plus NOW on top of our existing funding requirements due to the perfect storm from the compounding impact of Covid, conflict and climate shocks.”

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He also hit back at Elon Musk saying:

“Let’s talk: It isn’t as complicated as Falcon Heavy, but too much at stake to not at least have a conversation. I can be on the next flight to you. Throw me out if you don’t like what you hear!”

Musk replied back, saying:

“Please publish your current and proposed spending in detail so people can see exactly where money goes.”

Elon musk is worth over $300 billion, more than Africa's entire GDP

A recent net worth of $335 billion indicates that Elon Musk has acquired more money than the whole GDP of his native country.

South Africa Musk's financial clout exceeds that of investor Warren Buffett, with Tesla's CEO estimated to be three times wealthier than the well-known philanthropist.

Musk's net worth recently increased due to an 8.5% gain in Tesla's shares and a 65.6 percent increase since the beginning of the year.


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