With the coronavirus spreading, everyone has been affected: entrepreneurs, teachers, professionals, and even billionaires —- only that they could provide the resources to find solutions to the growing global pandemic. There is a lack of medical equipment such as face masks and protective gear as well as funds for research for vaccines, especially to the global south.
Names like Bill Gates and Jack Ma emerged again after providing help to the countries in need.
Jack Ma gave 500,000 testing kits to the United States which he announced on Twitter after President Donald Trump declared as national emergency amid the growing number of virus infections with thousands of deaths.
After weeks of declaring the situation as the pandemic of the World Health Organization, donations have poured from different individuals, from the richest to the rich, around the globe. In connection to this, Bill Gates, the founder of Microsoft with his wife, announced that they will provide $100 million to help contain the virus in a global scale through treatment, isolation stats, and detection strategies, although the Gates had initially announced a $10-million pledge prior to the $100 million donations.
Jack Ma also pledged to give $14 million to help for the study and creation of the vaccine through the Jack Ma Foundation. He also promised to establish a one-billion fund to help hospitals buy the needed medical equipment, especially in Wuhan.
Besides the two popular billionaires, there are also people who provided the help in an attempt to help alleviate the effects of the coronavirus such as the Chinese tech giants Tencent, Baidu, and ByteDance which are run by billionaires Ma Huateng, Robin Li, Zhang Yiming, and Ren Zhengfei. Together, they pledged $115 million for the research and treatment of the coronavirus especially in areas that are most affected by the pandemic.
Also, Ken Griffin contributed $7.5 million to help the people affected in the province of Hubei. He said in their reports that they have a growing concern to their colleagues in the affected areas of China.
The fashion industry also has provided help for the pandemic. The French billionaire Bernard Arnault and Francois Pinault donated $2.3 million and $1 million respectively. After this, another Chinese billionaire name Ding Shizhong pledged to donate $1.4 million to the Chinese Charity Federation that delivers medical supplies as well as funds research in Hubei.
Large companies in Europe and the United States have also reported collectively donated roughly $1.4 million to the Red Cross organization in China.
According to Jack Ma, the billionaire who provided aid to the United States, there is a need to give a helping hand to those who are in need and that the coronavirus crisis has presented a “huge challenge to all humankind.” All people around the globe experiences the same problem, from the global North to the global South, and this crisis will just be resolved if every one of us works hand in hand.
it is good to know that prominent people have also taken steps to help the world in combatting the pandemic that the whole world is facing today. From Alibaba’s founder, United States’ billionaire founder of Microsoft, to all billionaires who pledged and provided aid to different countries in need, the global crises brought the realization to all humankind that this pandemic needs global cooperation to end.