Twitter chief to donate quarter of his fortune to coronavirus fight
American Jack Dorsey putting $1bn into funding ‘global Covid-19 relief’
Dorsey, who co-founded Twitter in 2006 and went on to found payments company Square, tweeted on Tuesday that he was donating $1bn of Square shares to a charitable fund, called Start Small, to “fund global Covid-19 relief”.Dorsey, 43, said the donation was equivalent to about “28% of my wealth”. Dorsey has a fortune of about $3.9bn, according to the Bloomberg Billionaires Index.
It is by far the biggest single donation to the global fight to tackle the coronavirus pandemic.Jeff Bezos, the founder of Amazon and the world’s richest person, has said he will donate $100m to food bank charity Feeding America.“Even in ordinary times, food insecurity in American households is an important problem, and unfortunately Covid-19 is amplifying that stress significantly,” Bezos, 56, said in an Instagram post last week.
Bezos’s donation represents less than 0.1% of his estimated $123bn fortune.The Bill & Melinda Gates Foundation has given $100m to efforts to develop a Covid-19 vaccine and to fund testing and treatments. Michael Dell, the founder of Dell computers, has committed $100m.
Earlier on Tuesday, the Wellcome Trust called on big businesses to donate $8bn for research into developing diagnostic tests, therapies and vaccines to tackle the pandemic.Jeremy Farrar, the director of the London-based medical research charity, said a huge investment in scientific research was “the only exit strategy” to save millions of lives and drag the global economy out of an inevitable recession.
Farrar said that while businesses and governments had acted fast to support staff and keep the global economy ticking along, the only long-term solution was to quickly develop vaccines and treatments.“The only exit strategy for this that I see is the development of diagnostics, therapies and vaccines,” he said. “That’s the only way we can return to normal.”
Farrar told chief executives of the world’s biggest companies that pledging funds to the Wellcome Trust’s Covid-Zero fund “is the best investment your business can make today”. Read more: The Guardian »
carlzimmer As well he should. Letting Trump spew stupidity all this time. JeffBezos time to step up. Grace of GOD be with him to serve this word more and more. Hey jack you could have kept half of this money just by blocking realdonaldtrump for clear violations of your TOS. But hey, why not spend more now than less before?
BallouxFrancois Captain Jack follower's Wow , there are some 'real' people out there Imagine if Bezos, Gates, Arnault, Buffett & Arnault did the same . BAM! capitalism wins again. Stay tuned KimInsley What would be really good is if he shut down the account of the Liar in Chief. Probably more effective than throwing $ at the problem.
WOW ! He is wonderful to give such a generous gift. WOW!Bravo! Commendable. When is the Queen and Prince Charles going to start giving back to the Nation? If every billionaire in the world did that, we would be able to stop the pandemic in a month. Yeah, a decade ago Bill Gates was gonna give half his fortune away! A decade later he’s actually doubled his fortune.... Why does the asshat media fall for this shit?
Everyone wants me dead. What Mike mikerwriter said: Jack, we like you. Now, please tweet that everyone needs to pay their fair share in taxes...so that distribution of funds is controlled by a democratically-elected government..and not private individual philanthropists who stand to gain. AnandWrites
i.e., he's investing in Bill Gate's vaccine scam... Thanks twitter jack. I'll retweet that! W Blood money. Somebody actually stands up. SheWhoRises Her owes that and more for allowing trump to tweet lies, especially the ones that are killing people. Billionaire filters money thru his tax dodging proxy instead of giving it to those who need it publicitystunt
👍👏👏👏 thank you ! Can’t take it with you jack. O that's very good of you Twitter chief I hope he is careful about where it goes and particularly NOT into DT’s pocket or Mnuchin’s hands. Awesome Thank you, jack Thanks a million! And many despondent individuals and families around the world needs financial support along with spiritual and emotional support during this Covid-19 Pandemic
Meanwhile JeffBezos is enabling mass murder on his workers. Jack, we like you. Now, please tweet that everyone needs to pay their fair share in taxes.. so that distribution of funds is controlled by a democratically-elected government.. and not private individual philanthropists who stand to gain. He should be making an edit button.
Impressive What’s a twitter chief? Is that sorta like a buffalo hunter? Is there a Twitter Dances with Wolves? Wow
Under-fire PFA chief Gordon Taylor gives £500,000 to NHS's coronavirus fight as union donates further £1mTHE PFA is making a £1million donation to the players’ fund for the NHS workers fighting the coronavirus. And under-fire chief executive Gordon Taylor is understood to be giving £500,000 of his own… Easy to pick on professional footballers and other sports people regarding wages .Perhaps they should look at others than earn mega money too .Footballers are just easy targets as there on tv so much Auction the Lowry , then I know it’s not just a gesture to keep the critics from the Door
Saliva spray during speech could transmit coronavirus – studySaliva spray during speech could transmit coronavirus – study | Coronavirus outbreak | The Guardian Thatsh shilly! Sorry. Too soon, right? Wasn’t that clearly established already? Click bait but I'm a sucker, so I'm taking a look 😂
Pregnant nurse's tearful plea through oxygen mask as she fights coronavirusCity Hospital nurse Michelle Wright, who is 29 weeks pregnant, posted an emotional video in which she urges the public to follow social distancing measures
'I will protect you if your governor fails': Trump hails his 'good moves' in coronavirus fightPresident will ask Congress for $250bn more to help small businesses survive during pandemic lockdown Trump belongs at The Hague You are the reason why our governors fail.
Mum-to-be with coronavirus dies during labour as doctors fight to save newbornStaff at Whittington Hospital, in Archway, north London, were in tears as a tragic mum-to-be died having tested positive for coronavirus before going into labour Omg 😭 Heartbreaking. How can the news possibly keep getting worse every damn day 😢😢
Australia must help Pacific neighbours fight coronavirus, aid groups sayNot-for-profits say Covid-19 can’t be beaten unless it’s defeated everywhere Shamleless sold out Media, this tissue paper wants India to fail. But that will never happen news This is the hidden propaganda media. Sold the soul of journalism. Shame on you guardian. Go guard you a