The CEO of Twitter and digital payments platform Square, Jack Dorsey, has announced he will donate $1 billion worth of equity in Square to his Start Small LLC to fund COVID-19 relief around the world. 

Twitter CEO, Jack Dorsey, To Give $1 Billion In Square Stake For Coronavirus Relief


Dorsey, who has a net worth of about $3.9 billion made the announcement in a tweet, disclosing that he is donating $1bn of Square shares to a charitable fund, called Start Small, to “fund global COVID-19 relief”.

The 43-year-old said the donation was equivalent to about “28% of my wealth”. 

He wrote: 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.

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Ukamaka Doris, a graduate of Mass Communication, from Nnamdi Azikiwe University, Awka has a flair in writing and news reporting which led her into blogging. Previously, Ukamaka Doris has worked as an editor at primepost.ng and presenter at Unizik FM, 94.1, Awka. Ukamaka Doris can be contacted via phone call at 08167016206

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