Twitter’s Jack Dorsey is donating almost 30% of his wealth to coronavirus relief

$%name Twitter’s Jack Dorsey is donating almost 30% of his wealth to coronavirus relief by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley$

Twitter co-founder Jack Dorsey announced via a Twitter thread on Tuesday that he’s preparing to give away almost 30% of his wealth, in the amount of $1 billion, to a variety of efforts in support of coronavirus relief.
He’s starting with support of causes that offer different forms of relief from the COVID-19 coronavirus pandemic, at a time when the number of confirmed coronavirus cases and deaths is continuing to surge around the country. He’ll eventually transition to support other causes.
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Oftentimes, when big tech CEOs pledge to give away part of their fortune to support a worthwhile cause, the individual amount may sound considerable while nevertheless representing only a tiny fraction of their overall net worth. You can’t say that about a pledge that Twitter co-founder Jack Dorsey made on Tuesday, however, when he published a series of tweets explaining that he’s giving away $1 billion of his $3.3 billion net worth (or, almost 30% of it) in support of coronavirus relief.

“Life’s too short,” he tweeted, by way of explaining the move, which he’s pursuing by unloading $1 billion of his equity in the payments company Square. “So let’s do everything we can today to help people now.”

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Twitter’s Jack Dorsey is donating almost 30% of his wealth to coronavirus relief originally appeared on BGR.com on Tue, 7 Apr 2020 at 22:32:42 EDT. Please see our terms for use of feeds.