Behind the economy … a stick … less funding for charitable work and a passion for the occupation of Mars – Arab and international economy


Tesla chief businessman, Elon Musk, who last week won the title of world’s second richest man, has gained the upper hand in wealth, but the US press accuses him of still lagging behind the businessmen’s contributions to philanthropy. Musk has donated a fraction of his $ 128 billion fortune, compared to billionaires who support more philanthropy, such as Microsoft co-founder Bill Gates.

According to “Forbes” estimate, the 49-year-old Musk donated about $ 100 million to charity over the course of his career, which represents less than 1% of his net worth, and this includes $ 25 million in grants to many non-governmental organizations. Profitability since 2002, through the foundation that bears his name.

According to the New York Post, he is among the recipients of the funds of the Mask Foundation, the University of Pennsylvania. However, Musk, who was born in South Africa, gave great gifts to organizations aiming to preserve artificial intelligence, but he still has a long way to go to keep up with Bill Gates. , Who, along with his wife Melinda, has donated nearly $ 50 billion over the past quarter century.

Gates donated more than $ 5.5 billion to charity from 2017 to 2019. Musk’s entry into the upper echelon of the world’s richest is a recent phenomenon driven by an explosion in Tesla’s share price this year.

During his testimony, Musk said: “People think I have a lot of money, but most of my wealth is related to (Tesla) shares and (SpaceX). All my terrestrial commercial ventures are just a way to fund my true passion, which is colonizing Mars.”

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