Jack Dorsey sets aside $1 billion for charity to fight coronavirus

 Jack Dorsey Twitter co-founder and CEO  states he is dedicating more than a quarter of his riches to some other fund for charitable causes, with the immediate focus on coronavirus relief efforts.

Dorsey will transfer $1 billion of his equity in Square (SQ) -- the electronic payments company he also co-founded -- to a limited liability company named Start Small, he said in a series of tweets on Tuesday. Dorsey said that amount accounts for approximately 28% of his riches.
The first of those grants from Start Small, for $100,000, will go to America's Food Fund to supply meals to people impacted by the coronavirus,'' according to a Google Doc he shared for monitoring all the grants.
Dorsey didn't define just how much of the $1 billion commitment will be directed toward coronavirus relief as opposed to other charitable efforts after the pandemic finishes.
Google is donating $800 million to aid with the coronavirus crisis
"After we disarm this outbreak, the attention will shift to girl's health and education, and UBI," he stated, referring to the concept of universal basic income. "I believe they represent the best long-term solutions to the existential problems facing the world."
Dorsey's announcement follows similar attempts by other big tech players.Use WordPress To Start Blogging Right Away