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Thai billionaires dip into deep pockets to fight Covid-19


webfact

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Billionaires dip into deep pockets to fight Covid-19

 

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Cr.@prayutofficial

 

As Covid-19 infections and fatalities continue to rise across the world, many billionaires are stepping up to help ease the blow for the poorest people while also fighting back against the deadly disease.

 

Contributions by moguls – many of them among the world’s richest – range from supporting their employees and helping the vulnerable, to procuring medical equipment for hospitals and funding vaccine research.

 

In Thailand, wealthy tycoons have joined their fellow citizens in donating to people worst-hit by the temporary closure of businesses to curb the spread of the virus.

 

Charoen Pokphand Group patriarch Dhanin Chearavanont, Thailand’s richest man with a net worth of US$14.1 billion (456.8 billion baht), has spent Bt100 million of that money to build a factory making 100,000 free surgical masks per day for healthcare workers. Several of Dhanin’s wealthy peers have also donated expensive medical equipment for the treatment of Covid-19 patients, particularly ventilators and negative pressure isolation rooms.

 

Full story: https://www.thaipbsworld.com/billionaires-dip-into-deep-pockets-to-fight-covid-19/

 

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3 hours ago, lkv said:

They had ventilators and negative pressure isolation rooms in the back yard of their mansions piled up in stock, or am I missing something?

Yes, you are missing the will to understand what you read. Not that I know how big this is and how much that has been donated, but one would assume that they donated money for the import or production of these equipments.

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3 hours ago, lkv said:

They had ventilators and negative pressure isolation rooms in the back yard of their mansions piled up in stock, or am I missing something?

Doesn't everyone, in preparation of just such an event

 

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It is amazing, the rantings earlier about the wealthy doing nothing, now a news item on them making donations,  and out come the sharpened pitchfork brigade

Edited by RJRS1301
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45 minutes ago, Sydebolle said:

"Thailand’s richest man with a net worth of US$14.1 billion (456.8 billion baht), has spent Bt100 million" - or 0.00021891418% of his accrued fortune. I do not want to diminish the undertaking but, from a financial point of view, a small bottle of drinking water in a monthly budget costs more.

It is not stated, if the masks, so kindly produced in this factory, are given away free of charge without fingerpointing, some ministers cutting ribbons and the usual rannygazoo but just as a philanthrop endeavour to the benefit of the nation. 

check your math - it's way wrong.

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5 hours ago, webfact said:

In Thailand, wealthy tycoons have joined their fellow citizens in donating to people worst-hit by the temporary closure of businesses to curb the spread of the virus

Because the incumbent regime have emptied the pot.

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