Jack Dorsey Donates 28% of His Fortune to Fight Coronavirus
Main page News, Twitter, Coronavirus

Jack Dorsey, CEO of Twitter and of the popular payments platform Square, has just donated 28% of his fortune to fight the coronavirus pandemic.

He has established the fund Start Small LLC and has invested $1B in it, about 28% of his fortune.

He has said through his official Twitter account:

Dorsey has decided to make this important donation in spite of the fact that Twitter's income forecasts are not too optimistic.

The company said in late March in a report presented to investors that "although the short-term financial impact of this pandemic is rapidly evolving and difficult to measure," based on the data available at the time, the company's expected revenues for January-March were "slightly lower" than those recorded during the same period last year.

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