Twitter Co-Founder Jack Dorsey Pledges $1 Billion Towards COVID-19 Fund.

Twitter Co-Founder Jack Dorsey Pledges $1 Billion Towards COVID-19 Relief Fund

Jack Dorsey said he is contributing around 28 percent of his overall wealth (File)

San Francisco:

Twitter co-founder Jack Dorsey said Tuesday he was committing $1 billion of his personal fortune to coronavirus relief through his philanthropic fund.

Dorsey said in a series of tweets he would transfer his equity in his digital payments group Square to his limited liability corporation Start Small, contributing around 28 percent of his overall wealth.

"Why now? The needs are increasingly urgent, and I want to see the impact in my lifetime," Dorsey said. "I hope this inspires others to do something similar. Life is too short, so let's do everything we can today to help people now."

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Comments

Related news

Russian vote to extend Putin’s rule until 2036 set for July 1st.

Speaking during a live video call with top officials, Putin said the pace of Russia's coronavirus outbreak has slowed down, allowing the nation to safely hold the vote.

1 2

Mark Zuckerberg Faces Employee Blowback Over Ruling On Trump Comments.

Facebook employees critical of CEO Mark Zuckerberg's decision not to remove an inflammatory comment from U.S. President Donald Trump took their dissent public over the weekend on Twitter, praising the...

Facebook, Snapchat Condemn African-American Man's Killing, Racism In US.

Facebook Inc and Snap Inc became the latest US companies condemning racial inequality in the United States as violent protests flared up across major cities over the death of George Floyd, an unarmed...

Gilead Trades That Made Millions On COVID-19 Drug News Under Scrutiny.

Well-timed trades in Gilead Sciences Inc's options ahead of good news on the biopharmaceutical company's COVID-19 drug treatment may draw regulatory scrutiny, experts said.

«Don't Have Many Sheep To Produce Cotton» : Singapore Minister's Gaffe.

A Singaporean minister has sheepishly admitted to saying that cotton came from animals rather than plants in a slip-up during an interview that triggered bleats of mockery online.

4 5

By continuing to browse World News (UAZMI), you acknowledge that you have read the Terms of Use and agree to the use of cookies