Twitter CEO Jack Dorsey has pledged to donate $1 Billion to save the world from this global pandemic. Jack Dorsey is well known for his humanitarian work. The donation is around 28% of his total wealth.
Jack, who co-founded twitter in 2006, has by far given the biggest single donation for the fight against coronavirus. Jack tweeted, “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 girls health and education and UBI. It will operate transparently all flows tracked here”.
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
Jack Dorsey visited India in November,2018, where he paid his visit to Bollywood superstar Shah Rukh Khan’s house. Jack visited India to increase the reach of twitter in India, as it is one of the most growing markets in the world.
Jeff Bezos world’s richest person and the founder of Amazon donated $100M to food band charity, which is a small proportionate of his total wealth. So Dorsey’s step of donating, surely came as a surprise.
Mark Zuckerberg, Chief Executive of Facebook has also announced a relief package and is going to organise campaigns through Facebook as well as work with Chan Zuckerberg Initiative.
The private players are putting all their efforts to help the government in fighting the Coronavirus for their countries. In India Tata Sons and Tata trust together contributed 1500 Crores. Tata Trusts contribution of Rs 500 crore will be used to manufacture personal protective equipment, respiratory systems, testing kits, setting up modular treatment facilities and training of health workers.
Wipro Group and Azim Premji foundation committed to donate 1,125 Crore.