Twitter CEO, Jack Dorsey pledges $1 billion in Square stake for coronavirus relief

5e8d79cb2a821Jack Dorsey, the CEO of Twitter and digital payments platform Square has announced he will donate $1 billion worth of equity in Square to his Start Small LLC to fund COVID-19 relief around the world.
Dorsey, who has a net worth of about $3.9 billion made the announcement in a tweet, disclosing that he is donating $1bn of Square shares to a charitable fund, called Start Small, to “fund global COVID-19 relief”.

 

The 43-year-old said the donation was equivalent to about “28% of my wealth”.

 

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.

About CINGEY

ENGINEER BUSINESSMAN ACTOR

Posted on April 8, 2020, in Uncategorized. Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: