By Jill Goldsmith Twitter founder-CEO Jack Dorsey said Tuesday he’s giving $1 billion worth of equity in Square – a mobile payments platform he founded and also runs – to a COVID-19 relief fund.
He said the figure represents about 28% of his net worth. “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,” Dorsey said in tweet.
Dorsey has a net worth of about $3.9 billion, according to the Bloomberg Billionaires Index. The pledge is the biggest so far as the world’s richest individuals announced funds and aid to help fight the global coronavirus pandemic Jeff
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