Twitter CEO Pledges $1 Billion For Fighting COVID-19, Largest Contribution By A Single Person So Far - Viral Bake
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Twitter CEO Pledges $1 Billion For Fighting COVID-19, Largest Contribution By A Single Person So Far

Chief Executive Officer (CEO) of popular social media platform Twitter has contributed hugely to the fight against COVID-19. CEO Jack Dorsey has pledged to donate about 28% of his wealth. This is the highest donation by any private individual so far as per Forbes for the cause.

Dorsey on Tuesday pledged $1 billion of his stake in Square Inc. Square Inc is the payments processor merchant firm that he co-founded and heads. In a series of tweets, Dorsey made the announcement. The money would be donated to his charity fund, Start Small LLC.

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The fund would focus the attention on universal basic income and girls’ health and education in the time to come. Dorsey, who for years has kept details of his charitable efforts private, said all donations to and from the fund would now be visible to the public at all times through a public document.

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Dorsey’s net worth is estimated at $3.3 billion by Forbes. Dorsey also said that he would pace the sale of the pledged shares over time.

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