Twitter founder to donate $1bn to fund COVID-19 relief and other charities - The Verge

Jack Dorsey, the CEO of both Twitter and digital payments platform Square, said on Tuesday that he will donate $1 billion worth of equity in Square to his Start Small LLC to fund COVID-19 relief around the world.

Dorsey made the announcement in a tweet, revealing that the sum equates to roughly 28 percent of his current net worth, or about $3.6 billion.

The announcement marks the most significant philanthropic effort from the 43-year-old tech executive in his career.