Twitter CEO Corona Donation: Highest By An Individual

Jack Dorsey, the founder of Twitter, has said he will donate $1 billion in the battle against the coronavirus pandemic. In a series of tweets, Dorsey said he will use the shares of his mobile payments company Square to fund Start Small LLC which will focus on providing relief for COVID-19. The donation equates to nearly 28 percent of his wealth.

"I''m moving $1B of my Square equity (28 per cent 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.

Simply: I own a lot more Square. And I''ll need to pace the sales over some time. The impact this money will have should benefit both companies over the long-term because it''s helping the people we want to serve."

Dorsey also tweeted a link to a public Google Doc where people can track which organizations the fund's money will go to. Dorsey said he has funded $40 million in grants to many organizations with proven impact and efficiency in the past, mostly anonymously.

The coronavirus pandemic is affecting 209 countries and territories around the world. Globally, as on April 8 2020, there have been 1,282,931 confirmed cases of COVID-19, including 72,776 deaths.