Jack Dorsey Donates $1 Billion to Fund Global COVID-19 Relief

Tech mogul and CEO of Square, Jack Dorsey, has announced his intention to donate $1 billion of his equity in the company (which is estimated to be around 28% of his total wealth) to #startsmall LLC. The money will go towards global COVID-19 relief efforts, with the ultimate goal being a shift in focus towards girls’ health and education as well as Universal Basic Income (UBI). The donation will be handled transparently by #startsmall LLC, with all flows tracked on their website. In an official statement released by Mr. Dorsey himself, he expressed his hope that this contribution would help those affected by the pandemic both now and in the future. He said: “We must take care of one another during this time so we can emerge from it stronger and more connected than ever before.” The announcement was met with widespread approval from both industry leaders and everyday citizens alike. Many praised Mr. Dorsey for taking such a bold step towards helping those affected by the pandemic while also highlighting issues like girls’ health and education which are often overlooked or ignored altogether. This isn’t the first time that Mr. Dorsey has made a generous donation; he has previously donated over $100 million to various charities over the years, including organizations like Girls Who Code and Black Lives Matter Global Network Foundation. This latest contribution marks a new milestone for him, however; it is easily one of his largest donations yet and will undoubtedly have an immense impact on global COVID-19 relief efforts moving forward.