Elon Musk’s worth is $311 billion- Bloomberg Index.
Elon Musk, Tesla CEO and the world’s richest man; challenged a United Nations official’s claim that just a tiny percentage of his wealth would help solve world hunger.
Musk was reacting to comments by the UN’s World Food Programme director, David Beasley; asking billionaires like Musk to “step up now, on a one-time basis.”
Beasley specifically called for a response from Musk and Amazon.com Inc. co-founder Jeff Bezos; both men are at the top of the Bloomberg Billionaires Index.
Beasley said just $6 billion could save 42 million people from dying.
Musk responded in a Twitter post, “If the World Food Programme, using transparent and open accounting, can describe on this Twitter thread exactly how $6B will solve world hunger. I will sell Tesla stock right now and do it.”
Musk is CEO of the electric-vehicle company, which joined ranks with a handful of companies valued at over $1 trillion last week.
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According to Elon Musk’s reported wealth, the $6 billion amount would be just a tiny fraction of Musk’s current net worth of $311 billion — and less than the $9.3 billion his wealth increased on Oct. 29 alone.
Tesla contributes to the majority of Musk’s net worth. He’s very rarely sold stock in the electric-vehicle maker. Tesla’s stock reached a record $1,114 on Friday.
His fortune has also risen thanks to his stake in SpaceX, a private space-exploration company valued at around $100 billion.
Musk has also been critical of the U.S. government’s attempts to tax U.S. billionaires.
He said on Twitter that a toll on billionaire wealth would only make a “small dent” in paying off the national debt. Instead, he argued that the focus should be on monitoring government spending. However, Musk also said a billionaire tax would be the start of taxing the merely wealthy.