Tuesday, 02 June, 2020
|
In Stepanakert:   +18 °C

Jack Dorsey vows to donate $1 billion to fight the #coronavirus. #TheNewYorkTimes

Jack Dorsey vows to donate $1 billion to fight the #coronavirus. #TheNewYorkTimes
203
Wednesday, 08 April, 2020, 14:05

Jack Dorsey, the chief executive of Twitter and Square, said on Tuesday that he planned to donate $1 billion, or just under a third of his total wealth, to relief programs related to the coronavirus, in one of the more significant efforts by a tech billionaire to fight the pandemic.Mr. Dorsey said he would put 28 percent of his wealth, in the form of shares in his mobile payments company Square, into a limited liability company that he had created, called Start Small. Start Small would make grants to beneficiaries, he said, with the expenditures to be recorded in a publicly accessible Google document.