Founder of Twitter, Jack Dorsey, has pledged roughly a quarter of his $3.9 billion fortune to help “disarm this pandemic.”
So many people around the world are doing what they can to help with the global fight against COVID-19. Megadeth’s bassist is sporting a new track with proceeds going to charity, singer Halsey has donated 100,000 masks, and now Jack Dorsey, founder of Twitter, has pledged an enormous amount of money to stop the virus in its tracks.
Taking to Twitter (of course!) the 43-year-old wrote that he was taking $1 billion of his equity from Square to Start Small, where Dorsey will share out the data across a spreadsheet detailing exactly where the money is going to in order to “disarm this pandemic.”
Afterwards, the tech master plans to shift the focus to “girl’s health and education”, planning to “operate transparently”.
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, all flows tracked here: https://t.co/hVkUczDQmz
— jack (@jack) April 7, 2020
His donation puts him at the top for largest donation made thus far in the fight against COVID-19, meaning that it is sure to help out thousands worldwide.
So far, a portion of the 28% of his wealth that he donated has been dealt out to America’s Food Fund, which is focusing on providing food for those Americans who have been previously impacted by hunger, and continue to do so due to many being stood down from their jobs as industries close due to restrictions.
“Prior to the COVID-19 pandemic, more than 37 million people struggled to know where their next meal might come from on a daily basis, a number that we are seeing rise at an exponential rate,” the GoFundMe page states.
While there is no telling where else Dorsey plans to send his donation to, the impact it will have will certainly be greatly appreciated around the world.