Twitter CEO Jack Dorsey has contributed approximately 28% of its total assets.
Dorsey said he would transfer his stake in digital payments group Square to his organization Start Small, which would account for about 28 percent of his total assets.
Dorsey said, ‘Why now? It is very much needed at this time and I want to see its impact in my lifetime.
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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
He said that I hope it inspires others to do something similar. Life is very short, so now we do everything we can to help people.
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Facebook’s Zuckerberg also contributed
The Chan Zuckerberg Initiative, an organization formed for philanthropy on behalf of Facebook founder Marg Zuckerberg and his wife Priscilla Chan, joined hands with the Bill and Milinda Gates Foundation to find a cure for the corona virus outbreak and 2.5 Has announced to contribute a sum of ten million dollars.
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