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Billionaires from Bill Gates to Jack Ma are donating billions toward coronavirus assistance, but as Business Insider indicates, the money may not be going to where it is most needed.

Questions:

  1. Where did Alibaba founder Jack Ma pledge his 100 million yuan ($14.5 million)?
  2. Where did Bill and Melinda Gates pledge their $100 million?
  3. Why does Rogers feel that these funds may be doing little to help those already suffering from the growing global health crisis?  

Source:

Rogers, T. (2020). Billionaires from Bill Gates to Jack Ma are donating millions to help alleviate the coronavirus crisis — but it may not go where it’s needed most. Business Insiders.com, March 9 (Retrievable online at https://www.businessinsider.com/billionaires-spending-hundreds-of-millions-on-coronavirus-research-2020-3).