American entrepreneur, businessman, and investor Marc Lore revealed his plan of building the world’s first woke city named Telosa.
Marc Lore is a former Walmart executive and an e-commerce billionaire.point 182 | He is pursuing his dream to build the world’s first woke city named ‘Telosa’.point 260 |
Marc Lore claims that Telosa will be the fairest and open inclusive city on planet Earth.point 74 | The land where Telosa is going to set up will be donated to a community endowment.point 141 | Lore has a net worth of almost $4 billion today.point 182 | He founded Quidsi, a company that owned e-commerce sites including diapers.point 247 |
com, and later sold it to Amazon for around $545 million in 2010.point 53 | He founded another website referred to as Jet.point 92 | com in 2012 and sold it to Walmart in 2016.point 126 | Later, he became the CEO of a famous company in America, referred to as Walmart U.point 193 | S.point 195 | eCommerce.point 205 |
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The initial phase of Lore’s project has a target to get completed by 2030.point 181 | It will be able to accommodate 50,000 residents on almost 1,500 acres and will cost $25 billion.point 261 |
After 40 years, the city will eventually require $400 billion in funding.point 62 | The exact location of Telosa is not confirmed yet.point 104 | Although, the possible sites for Telosa include Nevada, Idaho, Arizona, Utah, and Texas.point 180 | point 182 | 1
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Marc Lore has hired Bjarke Ingels Group to design Telosa.point 51 | It is an architectural firm based in Copenhagen.point 94 | From the initial design, it is confirmed that the city will consist of self-moving and self-driving cars.point 183 | Another idea is to build a skyscraper called Equitism tower.point 234 |
This Equitism tower will have an energy-producing roof.point 48 | There will be plenty of space for pedestrians to stroll in the city.point 104 | point 104 | 1
According to Sarah Moser, the chances of Lore’s success are close to zero as in the past, almost 150 city building projects started but didn’t work out due to private interests and problems from the government.point 401 |
Sarah works as an associate professor at Montreal’s McGill University.point 63 | Share this informative article with people around you.point 112 | The world is going to change soon.point 140 | point 140 | 1