Billionaires for Peace: A Hypothetical Example of How It Could Work

Some of my friends and I have recently begun work on a project we call Billionaires for Peace; an effort to inspire top business leaders with a Vision of Hope for the Middle East, to have them work behind the scenes to push the peace process forward between Israel and Palestine, and to encourage them to revitalize the entire Middle East with good paying jobs; jobs which grow our economies, jobs which protect the environment, and jobs which help to weaken the hold of extremist thinking, wherever such thinking is to be found. At first, we weren’t quite sure if anyone would listen. But gradually we are coming to the conclusion that this idea is marketable, even within circles of political and business leaders who actually have the wealth and power to make something happen along these lines.

As people consider the idea of Billionaires for Peace, it is only natural to be somewhat skeptical, and to wonder if it could really work. After all, those among us who are fortunate enough to possess great wealth are often very busy, and are inclined to pursue business and humanitarian efforts in their own private and individualistic ways. Why would they agree to join forces in common purpose with others of their stature? And why would they even consider undertaking such a monumental effort as Middle East peace, including a revitalization of the entire region?

Let’s look at several seemingly unrelated facts and see if they could point to something more than meets the eye. Several years ago, Warren Buffett purchased an Israeli company, Iscar Metalworking Company, from Stef Wertheimer, making Mr. Wertheimer one of the wealthiest businessmen in Israel. One of Mr. Wertheimer’s passions and specialties is to build industrial zones in Israel and beyond, where Jews and Arabs can work together, and he advocates passionately on behalf of a Marshall Plan for the Middle East. Warren Buffett is good friends with Bill Gates, and they have combined their resources, as part of the Bill and Melinda Gates Foundation, to promote health care in Africa and education in America. In addition, Warren Buffett and Bill Gates have also launched a worldwide campaign to persuade some very wealthy people to agree to donate most of their wealth during their lifetimes, which bespeaks a desire, and even a need, among the wealthy, to leave behind a legacy that is worthy of their efforts, and that they can be proud of. Warren Buffett has stated publicly that he is impressed with some of the many achievements of Israel, and it is also the case that Bill Gate’s Microsoft division in Israel has been responsible for some very important innovations for Microsoft. At the same time, businessmen like Munib al Masri, a Palestinian multi-billionaire who employs some 60,000 workers, are very interested in developing the West Bank economically, building the requisite institutions, and creating a Palestinian State, a state which is peaceful, prosperous, and free, and which is not overwhelmed by extremism of one sort or another. In addition, the Saudi leadership, as evidenced by King Abdullah’s recent pronouncements, is very concerned about the prospect of a nuclear Iran.

Now, how do these seemingly unrelated facts add up? Let’s see if we can put these pieces together, at least theoretically for now, in a way that gives credence to the idea of Billionaires for Peace. Suppose, for example, that Warren Buffett and Bill Gates can be persuaded to put Middle East peace under their umbrella of good works. After all, both of them have had positive dealings with Israel, and may be inclined to partner with her in this regard. In addition, Middle East peace could help the U.S. as well. The U.S. has spent over one trillion dollars in the region, and has suffered the deaths of thousands of her brave soldiers, and still, there is little progress in sight in the Middle East, and little hope for peace and stability in that troubled region. As patriotic Americans, and as philanthropists who have chosen to make a profound difference in the world, Warren Buffett and Bill Gates may be moved to help, and may choose to partner with Stef Wertheimer to build an industrial zone in the West Bank, which would create hundreds of thousands of jobs. Saudi investment may also come into play, as the Gulf States undertake to bring some semblance of peace and stability to the region, at least in part to protect their own vital interests.

Eventually, although this may be a stretch, even Hamas in Gaza may come to believe that it is in its best interest to join in on job creation, as prosperity begins to take hold in the West Bank, and as the people of Gaza begin demanding their fair share. As such, Hamas may feel the pressure to moderate its views, and to accept the three conditions of the Quartet, namely: to recognize Israel, to accept previous agreements with Israel, and to renounce violence. Once this is accomplished, another industrial zone could be developed between Israel and Gaza, which would also create some 250,000 jobs. In fact, Stef Wertheimer had developed the plans for such a project in Rafah, and scrapped those plans just as the second Intifada broke out in the year 2000. The idea of Hamas moderating its views and embracing an industrial zone may seem absurd at first blush, but we should keep in mind that George Mitchell, the Middle East Envoy, was able to negotiate something along these lines with the IRA, a group that used to be no less fanatic than Hamas, as part of the peace deal in Northern Ireland. And in fact, George Mitchell had also used the promise of economic development, including investments of 1.5 billion dollars, to promote the peace talks in Ireland. As Middle East Envoy, he has come to conclusion that economic development could play a major role in the search for Middle East peace as well.

Granted, a lot of this remains wishful thinking at best, but the stars may be aligning in just the right way, so that business and political leaders of diverse backgrounds may be willing to come together in such a fashion. There are hints, today, of an alignment between the self-interest of some of the key players in the Middle East, and the best interests of the region as a whole. There is the potential, at least hypothetically, to identify a mosaic of mutual self-interest in the Middle East, and to use that reality to build a strategic/economic alliance between the Arab States, Israel, and the U.S. Many of the key players in the region actually need one another for a change. In the example cited above, we can envision Americans, Israelis, Saudis, and Palestinians coming together in common purpose to join in on a regional effort to promote peace and stability. They may ultimately decide to join forces in this fashion, not because they necessarily love one another, but because doing so may be the only way to stave off some very common existential threats. In short, they need one another.

Billionaires for Peace is not about launching one particular project or another. It is about inspiring a select few visionaries with a Vision of Hope for the Middle East, and harnessing the energy and synergy which result to launch a movement for change in the region, and beyond. It is about creating a nexus between the peace community and the business community, because when it comes to Middle East peace, the diplomats will need all the help they can get. In the new global economy, business, at least to some extent, will be the new language of diplomacy. The ingredients that will be required to make it happen are not so difficult to determine: a vision which inspires a sense of hope, a few doors opened here and there, a good measure of extreme salesmanship, and the willingness of a select few to take on the seemingly impossible challenge of peace. Exactly how things will play out is almost impossible to predict. But given where we seem to be heading, it is at least worth a try, and may end up being one of the only ways to actually move forward.

As you can imagine, we will need all the help we can get. If you would like to help, as an equal partner, or if you would like to get more information, please visit us at www.sellingavisionofhope.org