Tesla’s Elon Musk responds to the director of the UN World Food Program’s call to “solve world hunger”

A few days ago, UN World Food Program Director (WFP) Director David Beasley told CNN that a small group of ultra-wealthy individuals such as Tesla and SpaceX CEO Elon Musk could help solve world hunger with just a fraction of their net worth. Musk’s net worth is currently at $ 311 billion thanks to a recent recovery in TSLA shares, effectively making the CEO the richest person in the world today.

While speaking on CNN’s Connect the world with Becky Anderson urging Beasley billionaires to “step up now, on a one-time basis.” He also noted that even only 2% of Musk’s current net worth could solve world hunger. That equates to about $ 6 billion. “$ 6 billion to help 42 million people who will literally die if we do not reach them. It is not complicated,” said the UN WFP director.

Musk has now responded to Beasley’s statements. While responding to a post on Twitter highlighting that the UN World Food Program actually raised $ 8.4 billion by 2020, Musk noted that if WFP could explain exactly how $ 6 billion would solve world hunger, then he would be more than willing to sell some TSLA stock right now. This is a key point, as most of Musk’s net worth is tied to his majority stake in Tesla. This means that in order for Musk to have $ 6 billion in cash, he would have to sell TSLA shares, which would then be taxed.

Musk, however, had some sort of condition for the UN WFP director. In a follow-up post on Twitter, Tesla’s CEO noted that the UN’s World Food Program must be open to open source accounts. In this way, the public could see exactly how the $ 6 billion would be spent and how the funds would effectively end the world’s hunger.

What is quite interesting about this situation was that the UN WFP director did not really elaborate on the $ 6 billion he quoted under CNN interview could solve hunger permanent, or whether the amount was only enough for a kind of plaster solution. In the big picture, after all, $ 6 billion seems, after all, quite small to solve a problem that has been so prevalent for a very long time.

Countries also spend far greater amounts on things like the military on an annual basis. During fiscal year 2020, the United States spent very significant $ 725 billion on national defense. Beasley’s estimate of $ 6 billion to solve world hunger would be only 0.8% of this budget. The United States is also spending a total of $ 13.3 billion on building the USS Ford, its most advanced aircraft carrier to date. If the UN WFP Director’s estimate is correct, a solution to world hunger would equate to about half the cost of an aircraft carrier in the US Armed Forces.

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Tesla’s Elon Musk responds to the director of the UN World Food Program’s call to “solve world hunger”

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