Buffett’s foundation, which focuses on humanitarian needs like agriculture, infrastructure and mine clearance, has contributed about $800 million to Ukraine since the start of the full-scale invasion, including $175 million in humanitarian demining.
  • Bonna ShejveOPEnglish
    21·
    21 hours ago

    Surely he is doing this out of the goodness of his heart.

    Edit:

    Anyone know what he’s actually doing? Is he making the existing farmland more productive or is he just buying land, plant and doing rent seeking?

    “He understands very well that if a country that can feed 400 million people cannot clear its fields and loses at least $12 billion of GDP every year due to mined land, it’s a major challenge,” Svyrydenko said of Buffett.

    Yea, clearing mines sounds good, but where is the data? What % of $1b is going to mine clearing?

    And what % is going to buying perfectly fine land for cheap and doing nothing about increasing productivity.

    Well, thanks to donations Ukraine can order more drones which we use to mine clearing land and save more human lives. How you behave with your money determines the person who you are