"In Response to Employees' Request"... Jensen Huang Donates 13.5 Billion Won for Nepal Flood Relief
Donation Realized at the Request of Over 50 Local NVIDIA Employees
Companies, Financial Institutions, and Individuals Join the Relief Fund
Jensen Huang, CEO of NVIDIA, has donated 10 million dollars (approximately 13.5 billion won) to support the recovery efforts in Nepal following a massive flood. This substantial donation comes as various companies, individuals, and international organizations continue to provide assistance to Nepal.
According to local Nepalese media, including the Kathmandu Post, CEO Huang donated 10 million dollars to the Nepal Prime Minister's Disaster Relief Fund on September 4 (local time).
This donation was made amid widespread damage caused by the recent large-scale flood in Nepal. In response to the mounting loss of lives and property damage caused by the floods, the Nepalese government has appealed to the international community, corporations, and individuals for aid and recovery support.
On September 4, Swarnim Wagle, Nepal's Finance Minister, publicly expressed his gratitude in a video message, announcing CEO Huang's donation. Minister Wagle stated, "This donation will be used for emergency relief and recovery and reconstruction efforts for those affected by the flood." He also hoped that this contribution would encourage more people to participate in relief efforts.
This donation came about after more than 50 NVIDIA employees in Nepal requested support from the company. The funds are designated for emergency relief and recovery for residents affected by the large-scale flood and landslides that were triggered by a glacier collapse on August 26.
Prior to CEO Huang's contribution, domestic companies and financial institutions in Nepal also donated to the relief fund. According to a Kathmandu Post report on August 29, tobacco manufacturer Surya Nepal donated 150 million Nepalese rupees (about 1.5 billion won), while the Jyoti Group pledged 50 million Nepalese rupees.
Support from the financial sector also continued. Prime Commercial Bank donated 30.1 million Nepalese rupees, the Agricultural Development Bank provided 30 million Nepalese rupees, and Nepal Life Insurance contributed 25.1 million Nepalese rupees. Morang Auto Works and Asian Life Insurance supported the fund with 11.1 million and 10.1 million Nepalese rupees, respectively, while Agro Thai Foods contributed 10 million Nepalese rupees.
The scene of a border village in Nepal recently swept by a severe flood. Photo by Yonhap News Agency
View original imageIndividuals are also continuing to make donations. Industrialist Vijay Kumar Shah personally donated 10 million Nepalese rupees, while 87-year-old philanthropist Raj Rana delivered 10.98 million Nepalese rupees in person. Several insurance companies and businesses also participated with donations ranging from 5 million to 10 million Nepalese rupees.
Hot Picks Today
A 12-Year-Old Girl Went to the Hospital After Her Blood Pressure Hit 225 and Was Stunned: "What Is This Coral Reef-Like Thing in Her Aorta?"
- "Samsung Electronics Employees Commute by Shuttle Bus"... More Than 5,000 Homes to Be Supplied in Seoul and Busan [Real Estate A to Z]
- "Hey, Lady, Teach Your Kids to Behave!" ... 300,000 Won in Cash and a Bodily Injury Claim Demanded Over Child's Door Ding
- "If This Airs, I'm Dead"... Why a Restaurant Refused to Let Jeon Hyunmoo's Show Film
- “I Thought Surely They Wouldn’t, but Grown Adults Did This”... Wedding Shoot Atop Tomb Sparks Controversy
International organizations and nonprofit groups are also providing support. On September 3, Heifer International Nepal and its employees donated a total of 10 million Nepalese rupees to the disaster relief fund. This sum included emergency aid from the organization as well as contributions from employees who pooled a portion of their salaries. Heifer Nepal announced plans not only to provide food and medical assistance but also to support the recovery of livelihoods for affected families and the reconstruction of local communities.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.