Elon Musk Pledges $6 Billion to Solve World Hunger If WFP Can Explain How It Will Be Spent

enus $1x3monthspromo static banner 728x90 c1 v1 (1)
Tesla CEO Elon Musk
Image by JD Lasica from Pleasanton, CA, US - Elon Musk, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=68478026
Reading Time:
< 1
 minutes
Posted: November 1, 2021
CEO Today
Last Updated 21st October 2024
Share this article
In this Article

Tesla and SpaceX CEO Elon Musk has vowed to sell $6Billion in Tesla stock and use it to end world hunger if the WFP can show how it will be spent.

Last week, Tesla CEO Elon Musk argued that the approximate $50 billion he would have to pay under a “billionaire tax” proposed by Congressional Democrats would be better spent on his mission to Mars.

Continuing this argument, and in response to a tweet that flagged a CNN headline citing the WFP’s director who allegedly claimed that 2% of Musk’s wealth could solve world hunger, the Tesla CEO turned to Twitter to challenge the WFP to describe exactly how $6 billion would achieve this. The Tesla CEO and world’s richest man said that if the organisation could do so, he would sell Tesla stock right now to make the donation. Musk followed up the tweet with a second, stating that the details must be “open source accounting, so the public sees precisely how the money is spent.”

WFP’s director, David Beasley, responded to the string of Tweets and dismissed CNN’s headline, claiming it was “not accurate.” Beasley confirmed that $6 billion would not be enough to solve world hunger and explained that the WFP instead wanted $6 billion to feed “42 million people that are literally going to die if we don’t reach them” this year.  

 

Free CEO Today Newsletter
Subscribe to CEO Today for the latest news every week.

About CEO Today

CEO Today Online and CEO Today magazine are dedicated to providing CEOs and C-level executives with the latest corporate developments, business news and technological innovations.
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram