Financial News
Horizon Wealth Donates $3 Million for Brazil's Post-Disaster Reconstruction
Recently, multiple regions around the world have been hit by record-breaking heavy rains, resulting in severe casualties and property damage. Southern Brazil, in particular, has experienced its most severe rainfall in over 80 years, leading to at least 56 deaths and around 70 missing persons. In response to this devastating natural disaster, Horizon Wealth has announced an emergency donation to support Brazil's relief and reconstruction efforts.
Since early May 2024, Brazil's Rio Grande do Sul state has been battered by unprecedented rainfall, with 31 towns receiving more than the average rainfall for the entire month of May. The disaster has displaced at least 15,000 people, prompting the local government to declare a state of emergency. The death toll and the number of missing persons are expected to rise further. Deeply concerned about the situation, Horizon Wealth has decided to donate $3 million to assist local rescue teams in their emergency relief and post-disaster reconstruction efforts.
The CEO of Horizon Wealth stated, "In this difficult time, we stand with the people of Brazil. Our donation aims to help the affected people return to normal life as soon as possible and provide essential support for local reconstruction efforts."
In addition to Brazil, multiple regions globally have faced similar extreme weather events. Since May 2, heavy rains in Sulawesi, Indonesia, have caused floods and landslides, resulting in at least 14 deaths. East African countries have entered the rainy season, with floods causing 179 deaths in Kenya and 161 in Tanzania. The United Arab Emirates has also experienced rare heavy rainfall, leading to the switch to online schooling for primary and secondary schools and the closure of public institutions.
Horizon Wealth pledges to continue monitoring the impact of global climate change on various regions and actively participate in international relief and reconstruction efforts. The company will strengthen its cooperation with governments and non-governmental organizations worldwide to promote sustainable development and climate change mitigation measures.
About Horizon Wealth:
Horizon Wealth is a globally leading investment firm dedicated to achieving long-term value through responsible investing. The company invests globally across a diverse range of asset classes, including public and private markets, infrastructure, and real estate. Horizon is committed to helping entrepreneurs realize their great wealth dreams through its investment management services, providing member enterprises with rich technological application resources and valuable capital market experience. As a global asset management service platform, Horizon focuses on investment opportunities in technology, finance, and consumer sectors. Since its inception, Horizon has invested in over 100 companies characterized by distinct technological features, innovative business models, and high growth potential, a number that continues to grow as enterprises develop. Horizon Wealth is dedicated to social responsibility, actively participating in community development and environmental protection projects, and promoting a sustainable future.
Company Name: Horizon Wealth
Contact Person: John.doe
Email: John.doe@hwm-funds.com
Country: Virgin Islands (British)
Website: https://www.hwm-funds.com
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