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Thai billionaires dip into deep pockets to fight Covid-19

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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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  • colinneil
    colinneil

    Because that billionaire aint parting with 1 baht.????

  • Grumpy John
    Grumpy John

    In a story designed to promote how wonderful Thai billionaires are I have just one question:  What are they donating that isn't tax deductable?

  • scorecard
    scorecard

    And what future strings/expectations are attached?

  • Popular Post
35 minutes ago, webfact said:

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.

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

  • Popular Post

If there was much to this there would be more specifics. From what I've seen a lot of the handouts have been from small businesses. McDonalds I saw one big business that has stepped up.

  • Popular Post

Why the smugness  photo?

Cr.@prayutofficial

 

 

Ok then.....555!

 

Gerrit...?

Edited by faraday

  • Popular Post
42 minutes ago, bodga said:

Why the smugness  photo?

Because that billionaire aint parting with 1 baht.????

  • Popular Post

In a story designed to promote how wonderful Thai billionaires are I have just one question:  What are they donating that isn't tax deductable?

  • Popular Post
40 minutes ago, Grumpy John said:

In a story designed to promote how wonderful Thai billionaires are I have just one question:  What are they donating that isn't tax deductable?

And what future strings/expectations are attached?

Laughable. No matter how rich you are, you gotta listen to the man in green!

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.

  • Popular Post
2 hours ago, bodga said:

Why the smugness  photo?

He's been recognised as one of them?

The smugness is his cut ! Like any "filter" less will come out the bottom that goes in the top.

 

  • Popular Post

Not one mention of all the foriengners out there on the streets handing out free food.

 

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

 

  • Popular Post
6 minutes ago, Knocker33 said:

Not one mention of all the foriengners out there on the streets handing out free food.

 

This article isn't about that.  They have been mentioned many times in the past week in other articles.  Some even got nicked for doing it 

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Well, hardly anything in the grand scheme of his wealth. Under 0.1%. 

 

However, I bet these people will be lorded in the Thai press as being great people who all Thais must respect. 

Edited by BobbyL

  • Popular Post

give it a break will ya  !!    .... as usual the bashing brigade are out. 

It's a simple news story about the rich donating to help support those in need during the virus pandemic.

 

nothing more, nothing less .... so give up the bashing for a day .  It gets a bit tiring.

  • Popular Post

deep pockets, short arms...

  • Popular Post

looks like nine tenths of F all to be honest

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

2 hours ago, bodga said:

Why the smugness  photo?

Working out percentages?

The bottom feeding cynical experts on absolutely everything are out in force..  suffering from beer withdrawal perhaps?  

  • Popular Post

"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. 

  • Popular Post

How about they all chip in including the govt to make covid test free then we would have a better idea of the spread. Dip into deep popckets sure but how deep. Getting Chinese just to dig into their own pockets is a miracle. Getting them to dig deep is of course fanciful.

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.

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.

I dont think the article is totally correct ..that's all i will say.

  • Popular Post

If there was an award for "smug, conceited person of the year" I think we know who would win that!!

Big deal.

  • Popular Post
2 hours ago, steven100 said:

give it a break will ya  !!    .... as usual the bashing brigade are out. 

It's a simple news story about the rich donating to help support those in need during the virus pandemic.

 

nothing more, nothing less .... so give up the bashing for a day .  It gets a bit tiring.

Whereas your constant praising of this bunch is as fresh as the morning!

Again and again...and again...and again....

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