The CEO of Twitter, Jack Dorsey, has announced he will donate $1 billion worth of equity to fund COVID-19 relief around the world.
43-year-old Dorsey made the announcement in a tweet disclosing that he is donating $1bn of Square shares to a charitable fund, called Start Small.
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According to him, immediately after COVID-19 is over, the focus will be shifted to girl’s health and education.
Dorsey has a net worth of about $3.9 billion.
He wrote: I’m moving $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI.”
I’m moving $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI. It will operate transparently, all flows tracked here: https://t.co/hVkUczDQmz
— jack (@jack) April 7, 2020
