Ilon Mask and charity: the businessman spends $ 23 billion



[ad_1]

  Ilon Mask and a charity: the businessman spends $ 23 billion

photo Texas A & M University

Guardian journalists studied the documents of the Musk Foundation Foundation, founded by the American businessman of Ilon Mask and discovered that the leader of Tesla and SpaceX spent their fortune, which, according to recent figures, amounted to $ 23 billion [19659004] The Musk Foundation has been in existence for 15 years. During this period, she has allocated $ 54 million to various projects, including charities. However, Ilon Mask himself does not mention his charity almost publicly.

Journalists examined organizational documents filed with the United States Department of Justice from 2001 to mid-2017 and determined where the money from the fund had been spent.

First, Ilon Mask Few donations to educational institutions in South Africa and the United States, where he was educated. It has also supported children's hospitals, educational organizations and space associations.

Later, the fund allocated funding for the installation of solar panels for families victims of the damage caused by the Deepwater Horizon oilfield explosion in 2010 and the 2011 Fukushima earthquake.

Mask also supports his brother – Kimbal Mask after paying nearly half a million dollars to his company Big Green, which takes care of the progressive direction of the farms verticals and urban agriculture.

Mask also invests in other related projects with his family. For example, he allocated $ 100,000 for gifted children in Los Angeles, where his sons studied. They are currently studying at Ad Astra, an experimental institution founded by the businessman himself

In 2012, the leader of Tesla retained the initiative "Tribute vow", which implies that 50% of his fortune should be donated to charities. In addition, Warren Buffett, Bill Gates, Michael Bloomberg and others also joined the initiative

After that, Mask became more likely to sacrifice money and choose more and more extravagant projects. He has contributed to the Rock and Roll Hall of Fame and the Los Angeles Police Foundation

. A group of Los Angeles activists in the amount of $ 75,000 called for a solution to the problem of traffic jams on one of the I-405 routes.

Interestingly, under the impression of the traffic jam, the businessman created the Boring Company project and built the first tunnel for underground cars.

A businessman also bought $ 10,000 from an organization that is developing marijuana therapy. For this money, the organization built an art object at the Burning Man Festival, which then burned it as part of the action in 2013.

However, most funds, Ilon Mask have yielded to fight, in his view, the main threat to the future: uncontrolled artificial intelligence. His creation compares Mask to the "Demon Challenge". In 2015, he allocated $ 1 billion for the creation of the OpenAI lab, but he allocated the money personally, not through the fund.

In addition to charity, Mask does not forget his hobbies. He owns $ 70 million in real estate in the Los Angeles area and also buys expensive old cars, such as the Ford Model T and the Jaguar E-Type Series 1 Roadster. Tesla's head also bought a Lotus Esprit submarine worth $ 920,000 in a James Bond movie.

HighTech Plus

Read Also

Stay up to date with the economic and business news of our Mind.Live Telegram channels. and Mind.UA, as well as Viber Chat

[ad_2]
Source link