{"id":4360,"date":"2026-07-27T21:13:14","date_gmt":"2026-07-27T21:13:14","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=4360"},"modified":"2026-07-27T21:13:14","modified_gmt":"2026-07-27T21:13:14","slug":"a-nobel-economist-challenged-elon-musk-to-donate-his-entire-1t-fortune-by-2036-musks-reply-i-am-actually-going-to-do-something-along-these-lines","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=4360","title":{"rendered":"A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019"},"content":{"rendered":"
\n

On social media, some have begged and pleaded for him to give at least some of his wealth away, or even all of it, but Musk has been pretty direct about his relationship with philanthropy.\u00a0<\/p>\n

Read more Netanyahu blasts NYC Mayor Zohran Mamdani for \u2018fomenting hate\u2019 over \u2018bogus\u2019 Gaza war crimes charges<\/a><\/p>\n

\u201cI agree with love of humanity, and I think we should try to do things that help our fellow human beings,\u201d Musk told Nikhil Kamath for the WTF podcast in an episode published in December 2025. \u201cBut it\u2019s very hard.\u201d<\/p>\n

\n
\n
<\/div>\n<\/div>\n<\/div>\n

That\u2019s an interesting conception from a person who also believes money won\u2019t matter anymore because of AI, so Nobel prize-winning economist Daron Acemoglu called Musk out for it on Monday.<\/p>\n

\u201cA proposed pledge for Elon Musk,\u201d wrote Acemoglu in an X post on Monday. \u201cAn opportunity to put your money where your mouth is. If money won\u2019t matter in 2036, why don\u2019t you pledge to donate your current wealth of approximately $1 trillion to charity no later than 2036. This would establish with great credibility your belief in the powers of AI and technology.\u201d<\/p>\n

Acemoglu also argued it would assuage people around the world who are concerned about the political and social power of billionaires and trillionaires.\u00a0<\/p>\n

\u201cThe charities chosen for this should be approved as effective and non-ideological by an impartial body,\u201d he added.\u00a0<\/p>\n

\n
<\/div>\n<\/div>\n

And in somewhat of a shocking response, Musk replied to Acemoglu and said: \u201cI am actually going to do something along these lines!\u201d<\/p>\n

Read more Palantir spent $17.2 million flying its CEO Alex Karp around in 2025. It\u2019s part of a private-jet boom sweeping the C-suite<\/a><\/p>\n

While Musk didn\u2019t elaborate on what this means, it\u2019s a complete 180 of how the Tesla and SpaceX CEO has historically approached philanthropy. He\u2019s also been openly critical of other major philanthropists like Scott, having recently said her efforts make the world worse off.<\/p>\n

\n
\n
<\/div>\n<\/div>\n<\/div>\n

Musk\u2019s history with philanthropy<\/h2>\n

On June 27, Pubity, a major viral media and social news brand, posted on X about Scott\u2019s giving, saying her $26 billion in donations has made her one of the \u201cbiggest individual donors in history,\u201d and the ex-wife of Amazon founder Jeff Bezos indeed confirmed as the biggest megadonor in 2025.<\/p>\n

\n
<\/div>\n<\/div>\n

Then, an account with 22,500 followers with the name @FrenlyOfficer, whose bio describes them as a \u201cHeterosexual Alpha Male,\u201d replied to Pubity\u2019s post about Scott, saying, \u201cUnfortunately, she\u2019s spending it making the world a worse place.\u201d Musk responded to @FrenlyOfficer agreeing with the sentiment, saying: \u201cSadly, yes.\u201d<\/p>\n

\n
<\/div>\n<\/div>\n
\n
<\/div>\n<\/div>\n

While Musk\u2019s foundation stood at about $14 billion as of the end of 2025, according to files obtained by The New York Times<\/em>, he\u2019s only largely given to organizations that \u201cnarrowly track\u201d with the interests of his own businesses. For example, three-quarters of Musk\u2019s total giving in 2024, $370 million, went to a nonprofit in Texas led by his top aide.<\/p>\n

\u201cThat nonprofit appears to provide a benefit to Mr. Musk\u2019s business empire,\u201d according to the NYT.<\/em> \u201cIt operates an elementary school in a rural area where many of his employees live, near a cluster of Mr. Musk\u2019s companies.\u201d<\/p>\n

So with Musk saying in the past that philanthropy is hard and that his track record shows he\u2019s only given to things within his own interest, it will be interesting to see whether the world\u2019s richest man will live up to what he wrote on his own platform, X, this week.<\/p>\n

Read more Trip.com struck with $765 million penalty from China over monopoly allegations<\/a><\/p>\n

\n
<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Musk has historically been apprehensive about philanthropy, so his statement would be a major change for billionaire and trillionaire giving as we know it.<\/p>\n","protected":false},"author":1,"featured_media":4359,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[193],"tags":[],"class_list":["post-4360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elon-musk"],"yoast_head":"\nA Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019 - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=4360\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019 - Cross Country Moving Team\" \/>\n<meta property=\"og:description\" content=\"Musk has historically been apprehensive about philanthropy, so his statement would be a major change for billionaire and trillionaire giving as we know it.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/crosscountrymovingteams.com\/?p=4360\" \/>\n<meta property=\"og:site_name\" content=\"Cross Country Moving Team\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-27T21:13:14+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\"},\"headline\":\"A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019\",\"datePublished\":\"2026-07-27T21:13:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360\"},\"wordCount\":613,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/24a3f72f5172e3aba42e00303369747f.webp\",\"articleSection\":[\"Elon Musk\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360\",\"name\":\"A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019 - Cross Country Moving Team\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/24a3f72f5172e3aba42e00303369747f.webp\",\"datePublished\":\"2026-07-27T21:13:14+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360#primaryimage\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/24a3f72f5172e3aba42e00303369747f.webp\",\"contentUrl\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/24a3f72f5172e3aba42e00303369747f.webp\",\"width\":1200,\"height\":600},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?p=4360#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#website\",\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/\",\"name\":\"Cross Country Moving Team\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/#\\\/schema\\\/person\\\/1b8121bfb9a1c55d1fff3fca675fceaa\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"sameAs\":[\"http:\\\/\\\/crosscountrymovingteams.com\"],\"url\":\"https:\\\/\\\/crosscountrymovingteams.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019 - Cross Country Moving Team","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/crosscountrymovingteams.com\/?p=4360","og_locale":"en_US","og_type":"article","og_title":"A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019 - Cross Country Moving Team","og_description":"Musk has historically been apprehensive about philanthropy, so his statement would be a major change for billionaire and trillionaire giving as we know it.","og_url":"https:\/\/crosscountrymovingteams.com\/?p=4360","og_site_name":"Cross Country Moving Team","article_published_time":"2026-07-27T21:13:14+00:00","author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/crosscountrymovingteams.com\/?p=4360#article","isPartOf":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=4360"},"author":{"name":"admin","@id":"https:\/\/crosscountrymovingteams.com\/#\/schema\/person\/1b8121bfb9a1c55d1fff3fca675fceaa"},"headline":"A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019","datePublished":"2026-07-27T21:13:14+00:00","mainEntityOfPage":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=4360"},"wordCount":613,"commentCount":0,"image":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=4360#primaryimage"},"thumbnailUrl":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/07\/24a3f72f5172e3aba42e00303369747f.webp","articleSection":["Elon Musk"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/crosscountrymovingteams.com\/?p=4360#respond"]}]},{"@type":"WebPage","@id":"https:\/\/crosscountrymovingteams.com\/?p=4360","url":"https:\/\/crosscountrymovingteams.com\/?p=4360","name":"A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019 - Cross Country Moving Team","isPartOf":{"@id":"https:\/\/crosscountrymovingteams.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=4360#primaryimage"},"image":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=4360#primaryimage"},"thumbnailUrl":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/07\/24a3f72f5172e3aba42e00303369747f.webp","datePublished":"2026-07-27T21:13:14+00:00","author":{"@id":"https:\/\/crosscountrymovingteams.com\/#\/schema\/person\/1b8121bfb9a1c55d1fff3fca675fceaa"},"breadcrumb":{"@id":"https:\/\/crosscountrymovingteams.com\/?p=4360#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/crosscountrymovingteams.com\/?p=4360"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/crosscountrymovingteams.com\/?p=4360#primaryimage","url":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/07\/24a3f72f5172e3aba42e00303369747f.webp","contentUrl":"https:\/\/crosscountrymovingteams.com\/wp-content\/uploads\/2026\/07\/24a3f72f5172e3aba42e00303369747f.webp","width":1200,"height":600},{"@type":"BreadcrumbList","@id":"https:\/\/crosscountrymovingteams.com\/?p=4360#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/crosscountrymovingteams.com\/"},{"@type":"ListItem","position":2,"name":"A Nobel economist challenged Elon Musk to donate his entire $1T fortune by 2036. Musk\u2019s reply: \u2018I am actually going to do something along these lines\u2019"}]},{"@type":"WebSite","@id":"https:\/\/crosscountrymovingteams.com\/#website","url":"https:\/\/crosscountrymovingteams.com\/","name":"Cross Country Moving Team","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/crosscountrymovingteams.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/crosscountrymovingteams.com\/#\/schema\/person\/1b8121bfb9a1c55d1fff3fca675fceaa","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/50b1ad2e498f523425ee0a8cc5180a210646db1622662a3d56cc405d3e0c346a?s=96&d=mm&r=g","caption":"admin"},"sameAs":["http:\/\/crosscountrymovingteams.com"],"url":"https:\/\/crosscountrymovingteams.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/posts\/4360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4360"}],"version-history":[{"count":0,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/posts\/4360\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=\/wp\/v2\/media\/4359"}],"wp:attachment":[{"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crosscountrymovingteams.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}