COVID-19, Twitter CEO Donated $1billion to Fight Coronavirus - Focus News


Wednesday, 8 April 2020

COVID-19, Twitter CEO Donated $1billion to Fight Coronavirus

The CEO and co-founder of Twitter Jack Dorsey has pledged $1billion in equity to help fight coronavirus. 

The donation of $1billion in equity which is £812 million aimed to raise humanity from the different aspects of life. 

Jack in his tweets wrote that this donation amount to 28% of his fortune is going for the cause. 

He is donating stock to establish a new fund tagged #StartSmall aimed to fight against the spread of the deadly virus and later to cater for the girls health.  

He wrote thus,  “Once we have disarmed this pandemic,” he wrote, "the organisation will shift its focus to girls’ health and research into universal basic income, the idea that governments should guarantee a minimum income for all citizens."

The 43-year-old, who is also chief executive of the financial-payments startup Square, will move shares from his Square holdings to the new venture.

He made the  announcement of the new venture, called Start Small, in a series of tweets on Tuesday.

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