Twitter CEO donates $1bn to fight pandemic

Twitter CEO donates $1bn to fight pandemic

Agency News

Washington, Apr 8: Twitter founder and CEO Jack Dorsey on Wednesday announced that he has donated one billion dollars to fund the global fight against the novel coronavirus (COVID-19).

"I’m moving $1 billion of my Square equity (28 percent of my wealth) to start small LLC to fund global COVID-19 relief," Dorsey said via Twitter on Tuesday.

Dorsey further, in his tweet, promised to fund girls' health and education programs around the world after the world passes the coronavirus crisis.

"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," he said.

The fund will operate transparently with all its donations documented on the Twitter platform, Dorsey added. (UNI)