Twitter CEO Jack Dorsey said Tuesday he is setting aside nearly $1 billion of his wealth to aid in the fight against the novel coronavirus.
Dorsey said on his social media platform that the funds will come from his equity in Square, a mobile merchant payments firm that he founded in addition to Twitter.
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