Jensen Huang Donates $10 Million to Nepal Flood Victims
Translated from Korean and summarized by DistantNews. Read the original for the full story.
At a glance
- Nvidia CEO Jensen Huang donated $10 million to people affected by major floods in Nepal.
- Finance Minister Swarnim Wagle thanked Huang and said the money would support relief and rescue operations while encouraging other donors to help.
- Nepal has estimated that flood recovery will require $4 billion to $5 billion, while South Korea separately announced $1 million in humanitarian aid.
Nvidia CEO Jensen Huang has donated $10 million for victims of Nepal’s major floods, a contribution the government says could provide substantial help for relief and rescue operations.
On behalf of the Nepal government, I thank CEO Huang.
Finance Minister Swarnim Wagle announced the donation and said, “On behalf of the Nepal government, I thank CEO Huang.” He added that the contribution “will provide considerable help for relief and rescue activities for disaster victims” and expressed hope that it would encourage other individuals and organizations to join the support effort.
The donation comes as Nepal faces a large recovery bill. Reuters previously reported that Wagle estimated the cost of restoring areas affected by the floods at between $4 billion and $5 billion.
The contribution will provide considerable help for relief and rescue activities for disaster victims.
South Korea’s government had announced $1 million in humanitarian assistance for Nepal shortly after the major floods began on the 27th of the previous month. The two contributions form part of the assistance being directed toward people affected by the disaster.
We hope this will encourage other individuals and organizations to join in supporting the victims.
Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.