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Twitter CEO Jack Dorsey pledges $1 billion to coronavirus relief efforts


Jack Dorsey, Twitter's CEO and co-founder has just pledged to donate $1 billion to fight the coronavirus pandemic - the largest pledged amount by a private individual so far. Dorsey is also the CEO and co-founder of Square Inc. - a payments platform. Dorsey announced his decision to donate $1 billion via Twitter, where he said he would make the donation using $1 billion in Square shares - approximately 28% of his estimated net worth. 
“After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI,” Dorsey said. “Why UBI and girl’s health and education? I believe they represent the best long-term solutions to the existential problems facing the world. UBI is a great idea needing experimentation,” Dorsey tweeted. To ensure transparency, Dorsey said all of the share donations would be tracked through a public Google Sheet.
Other coronavirus relief top donors include Bill and Melinda Gates, who have promised to donate $100 million which makes up less than 1% of their wealth. The world’s richest person, Amazon.com Inc.’s Jeff Bezos, will donate $100 million to Feeding America. Michael and Susan Dell have committed another $100 million to worldwide relief efforts.


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