Twitter CEO Jack Dorsey Pledges $1 Billion for Coronavirus Relief Efforts

Twitter CEO Jack Dorsey is stepping up pledging $1 billion toward Coronavirus relief. According to Dorsey and BBC News, the figure represents more than 1/4 of the 43-year-old’s wealth.

In a Twitter thread, Dorsey says that he’s chosen to fight for long term solutions by putting his money toward UBI and Girl’s health and education. I believe they represent the best long-term solutions to the existential problems facing the world. UBI is a great idea needing experimentation. Girl’s health and education is critical to balance,” Dorsey said on Twitter.

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

Dorsey received praise for his billion-dollar donation from former 2020 Presidential Candidate Andrew Yang and Education Activist Malala Yousafzai.

Thank you Jack! This is a spectacular commitment. 🙏

— Andrew Yang🧢🇺🇸 (@AndrewYang) April 7, 2020

Amazing news! Thank you, @jack, for your generosity and for recognising that educated girls make the world safer and healthier for everyone.

— Malala (@Malala) April 7, 2020