One of the richest men in the United States is putting his money where his mouth is.
Noted humanitarian and Twitter CEO Jack Dorsey announced on his platform Tuesday that he intends to allocate $1 billion worth of his equity in the payment-company Square toward funding health initiatives surrounding the coronavirus pandemic, which has infected more than 1.5 million people worldwide.
“I’m moving $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief,” Dorsey tweeted. “After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI. It will operate transparently.”