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☆ This soccer star who came from nothing has been funding universal basic income in his hometown for years
  + stars: | 2024-07-05 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +3 min
Read previewYouTube star Jimmy "MrBeast" Donaldson recently donated $200,000 toward a universal basic income program in the Ugandan village of Karamoja. A top soccer player who grew up desperately poor has funded a similar initiative in his African hometown for years. This story is available exclusively to Business Insider subscribers. In addition, I give 70 euros per month to all people in a very poor region of Senegal which contributes to their family economy. AdvertisementAl Nassr didn't immediately respond to a request for comment from Business Insider.
Persons: —, Jimmy, MrBeast, Donaldson, Sadio Mané, Al Nassr, Mané, Sadio, Visionhaus, Elon Musk, Sam Altman, Ferraris, He's, Al Nassr didn't Organizations: Service, Liverpool, Bayern Munich, Business, Saudi, Africa, Afrique, barefooted Locations: Ugandan, Karamoja, Saudi, Senegal, Bambali
☆ MrBeast Doubles Down on Cash Giveaways, Donates $200K for UBI Program
  + stars: | 2024-06-25 | by ( Theron Mohamed | ) www.businessinsider.com   time to read: +4 min
Read previewMrBeast became the most popular YouTuber on the planet by handing cash to strangers, so it's little wonder he's experimenting with universal basic income, known as UBI. MrBeast also announced a joint fundraiser with GiveDirectly to gather enough cash to give $1,000 to every household in a neighboring village. AdvertisementEarly findings from GiveDirectly's trial suggest that direct cash handouts boost household and business savings and support the financing of bigger projects. MrBeast is known for giving out cash to strangers, making UBI a natural extension of his brand. But the social media star also addressed questions about whether direct cash payments would be spent wisely.
Persons: —, Jimmy Donaldson, MrBeast, GiveDirectly, Jeff Cheatham, Ruth, Auma, Lokure, Willy Wonka Organizations: Service, Business, Beast, Universal Locations: Uganda, Africa, Kenya, Karamoja, Tiyan
☆ The climate crisis and the energy transition are exacerbating inequality, putting those least responsible in the worst position
  + stars: | 2022-09-23 | by ( Catherine Boudreau | ) www.businessinsider.com   time to read: +4 min
Leaders gathered for the United Nations General Assembly and Climate Week focused on inequality. The climate crisis and the energy transition are widening disparities, leaders said. Rich countries must meet pledges to help those least responsible for the crisis, advocates say. These regions combined have contributed less than 1% of historical carbon-dioxide emissions yet are bearing the brunt of climate impacts. Meanwhile, Europe is in the midst of an energy crisis because Russian President Vladimir Putin has scaled back natural-gas supplies to retaliate against Western sanctions.
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