financetom
Business
financetom
/
Business
/
Elon Musk's riposte after UN director says his '$6B' can help solve world hunger
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Elon Musk's riposte after UN director says his '$6B' can help solve world hunger
Nov 1, 2021 11:44 AM

World hunger is not going anywhere. Nor is Elon Musk’s Twitter feed. David Beasley, Director of the World Food Programme (WPF), in an interview with CNN, recently, stated that even 2 percent of Elon Musk’s wealth could solve world hunger.

The United Nations Food and Agricultural Organisation (FAO) has estimated that nearly 811 million people suffer from hunger globally, even as rates of undernourishment have declined. "$6 billion to help 42 million people that are literally going to die if we don't reach them. It's not complicated," Beasley said.

In a Twitter response to another user, Musk then responded that if Beasley or the UN could prove those claims then he’d sell the Tesla stocks to raise the amount.

“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 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.

— Elon Musk (@elonmusk) October 31, 2021

Beasley quickly replied to the Tesla and SpaceX CEO, stating that the headlines were misleading and that the $6 billion wouldn’t stop world hunger but it would lead to food going to the 42 million of the hungriest and facing famines.

“$6B will not solve world hunger, but it WILL prevent geopolitical instability, mass migration and save 42 million people on the brink of starvation. An unprecedented crisis and a perfect storm due to Covid/conflict/climate crises,” Beasley said.

.@elonmusk! Headline not accurate. $6B will not solve world hunger, but it WILL prevent geopolitical instability, mass migration and save 42 million people on the brink of starvation. An unprecedented crisis and a perfect storm due to Covid/conflict/climate crises.

— David Beasley (@WFPChief) October 31, 2021

Musk also tweeted a link to a news report from 2015 alleging that starving children 'as young as nine (were) forced to give UN officials oral sex to get food' in the Central African Republic, from the Express.

Also read: Explained: Link between global hunger and climate change

“Please publish your current & proposed spending in detail so people can see exactly where money goes. Sunlight is a wonderful thing,” Musk retorted.

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

Sunlight is a wonderful thing.— Elon Musk (@elonmusk) October 31, 2021

Of the 42 million people facing immediate starvation, a significant proportion is located in conflict-torn areas. The entire population of Afghanistan and Yemen, the population of the Tigray region in Ethiopia are among those in urgent need of humanitarian aid, highlighted a recent WFP report. With the $6 billion that Beasley asked for, divided among the 42 million people, would amount to just over $140 (around Rs 10,488). Of course only a portion of the aid directly reaches those in need.

Estimates range wildly for the amount needed to end world hunger, with the lowest estimates being pegged at $7 billion and the highest being projected at over $300 billion. A recent study that was backed by the German government, had assessed that contributing $30 billion annually would lead to the elimination of world hunger by the year 2030.

(Edited by : Shoma Bhattacharjee)

First Published:Nov 1, 2021 7:44 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Rio Tinto Launches Battery Swap Truck Trial Fleet at Oyu Tolgoi Mine in Mongolia
Rio Tinto Launches Battery Swap Truck Trial Fleet at Oyu Tolgoi Mine in Mongolia
Oct 27, 2025
06:51 AM EDT, 10/27/2025 (MT Newswires) -- Rio Tinto (RIO) announced on Sunday that it has launched a trial of battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia, in collaboration with China's State Power Investment Corporation Qiyuan. The company stated that this marks its first use of battery-swappable electric haul trucks in surface mining...
Red Cat Tests Palantir Visual Navigation on Black Widow Drone
Red Cat Tests Palantir Visual Navigation on Black Widow Drone
Oct 27, 2025
06:52 AM EDT, 10/27/2025 (MT Newswires) -- Red Cat Holdings ( RCAT ) said Monday it completed flight tests of Palantir's ( PLTR ) Visual Navigation software on its Black Widow drone used in the US Army's Short Range Reconnaissance program. The software enabled navigation without GPS availability using onboard cameras and sensors and required no new hardware, the company...
Perseus Mining September Quarter Gold Production Falls YoY
Perseus Mining September Quarter Gold Production Falls YoY
Oct 27, 2025
06:52 AM EDT, 10/27/2025 (MT Newswires) -- Perseus Mining ( PMNXF ) Monday reported September-quarter gold production of 99,953 ounces, down from 121,290 ounces in the year-ago quarter. All-in site cost for the quarter was US$1,463 per ounce, up from $1,201 per ounce. Notional cashflow increased year over year to $161 million from $127 million. Production and AISC market guidance...
RBC Expects Fed, BoC to Deliver Another 25bps Rate Cut This Week
RBC Expects Fed, BoC to Deliver Another 25bps Rate Cut This Week
Oct 27, 2025
06:50 AM EDT, 10/27/2025 (MT Newswires) -- The United States Federal Reserve and Bank of Canada are both expected to cut policy rates on Wednesday, adding to 25bps reductions from each in September, said RBC. Another reduction from the Federal Reserve is widely expected -- the Fed's policy rate is starting from a higher, more restrictive level than other central...
Copyright 2023-2026 - www.financetom.com All Rights Reserved