Information Technology

Twitter CEO Jack Dorsey donates $1 billion to fight against coronavirus

Updated : April 08, 2020 09:43 AM IST

Dorsey said he will use the shares of his mobile payments company Square to fund Start Small LLC which will focus on providing relief for COVID-19.

The pandemic has infected around 1,282,931 people globally, including 72,776 deaths.

Jack Dorsey, the co-founder and CEO of micro blogging website platform Twitter, said he will donate $1 billion which is nearly 28 percent of his wealth to fight against the coronavirus pandemic.

In a series of tweets, Dorsey said he will use the shares of his mobile payments company Square to fund Start Small LLC which will focus on providing relief for COVID-19.

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

After the pandemic is disarmed, the Start Small fund would focus on education and healthcare for girls and universal basic income (UBI), Dorsey said.

The pandemic has infected around 1,282,931 people globally, including 72,776 deaths.

Twitter CEO Jack Dorsey donates $1 billion to fight against coronavirus

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