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Twitter's Dorsey Pledges $1-Billion For Corona Relief

Video Credit: Wochit News - Duration: 00:27s - Published
Twitter's Dorsey Pledges $1-Billion For Corona Relief

Twitter's Dorsey Pledges $1-Billion For Corona Relief

Twitter founder Jack Dorsey has pledged $1 billion to coronavirus relief, universal basic income, and girls' education.

Business Insider reports that millionaires, billionaires, and tech luminaries are applauding Dorsey.

Dorsey said the new fund will be backed by his Square equity.

He estimates it's about 28% of his wealth.

"That's awesome, @jack," Ev Williams, the CEO of Medium and a Twitter cofounder, tweeted on Tuesday.

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Jack Dorsey Jack Dorsey American internet computer software executive and CEO of Twitter and Square

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Square, Inc. Square, Inc. American financial services company

Jack Dorsey Releases Spreadsheet Of Where His Coronavirus Relief Money Is Going [Video]

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Twitter CEO Jak Dorsey said he would donate $1 billion of his Square equity to COVID-19 relief. According to Business Insider, he created a new charity fund called Start Small LLC. The charity will initially focus on helping those impacted by the coronavirus pandemic and has $87 million so far. Dorsey estimated the fund is around 28 percent of his total wealth.

Credit: Wochit News    Duration: 00:32Published

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