Larry King Interview, United Nations Foundation
From Jan Hebbard on March 29th, 2021
In 1997, Ted Turner was planning his speech to accept the Global Leadership Award from the United Nations Association when he made a decision. He had previously looked into buying the United States’ debt to the United Nations, which was about $1.5 billion, but found out that private citizens could not do that. Instead, he announced that he would make a $1 billion donation to the UN, at the time about a third of his net worth, and set up a foundation that would contribute to UN causes.
Turner strongly believes in the mission of the United Nations and that it’s efforts prevent wars between countries. In the first two decades since its inception in 1998, the UN Foundation has worked in 115 countries, partnered with numerous organizations like the Bill and Melinda Gates Foundation, and funneled over $2 billion towards UN causes. The foundation has focused efforts on children’s health, women, human rights, the environment, polio and malaria, and security. Turner’s gift brought more attention to the UN and its needs, and challenged fellow billionaires to do more to give back.
Collection: Sidney Pike Papers
Title: Larry King Live with Ted Turner, 3/5/90