Twitter boss Jack Dorsey
Twitter boss Jack Dorsey

Twitter founder Jack Dorsey donates Sh 100 Billion to the Coronavirus kit. The amount was directed to the World Health Organisation.

Twitter Inc CEO Jack Dorsey on Tuesday pledged $1 billion (approx. Ksh.100 billion) of his stake in Square Inc, the payments processor that he co-founded and heads, to help fund relief efforts linked to the coronavirus pandemic.

In a series of tweets, Dorsey said the amount, representing about 28% of his wealth, will be donated to his charity fund, Start Small LLC, which would later focus its attention to universal basic income and girls’ health and education.

Mr Jack Dorsey, who for years has kept details of his charitable efforts private, said all donations to and from the fund would now be visible to the public at all times through a public document.

Mr Dorsey, whose net worth is estimated at $3.3 billion (approx. Ksh.300 billion) by Forbes, also said that he was pledging his stake in Square instead of Twitter because he owns a bigger portion of the payments processor.

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