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MoreBack to News Headlines
Elon Musk says will sell $6B in Tesla stock if UN shows how it will solve world hunger

Elon Musk says will sell $6B in Tesla stock if UN shows how it will solve world hunger

Global News
Monday, November 1, 2021 9:17 PM GMT

"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," Musk wrote.

Elon Musk, the richest person in the world, says he will sell $6 billion worth of Tesla stock and donate the proceeds to the United Nations’ food agency if it could show how the money would solve world hunger.

His statement came after U.N. World Food Programme Executive Director David Beasley challenged Musk, Amazon founder Jeff Bezos and other billionaires in a CNN interview last week, calling on them to step up on “a one-time basis” to help end starvation.

In the interview, Beasley said billionaires could give ”$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.

That money would be approximately 2% of Musk’s fortune, nearly $300 billion, according to Forbes. His wealth and the wealth of many American multi-billionaires has grown quickly during the COVID-19 pandemic, thanks to increased stock and home equity, even more than before the virus struck.

The SpaceX founder posted Sunday on Twitter: “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,” he added.

Read full story on Global News
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