Jack Dorsey is devoting $1 billion of his stake in Square Inc., the payments firm he co-founded, to help fund coronavirus relief efforts.
“After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI,” Dorsey said Tuesday in a tweet, referring to universal basic income. The pledge represents about 28% of his wealth.
Dorsey, also co-founder of Twitter Inc., has a net worth of about $3.9 billion, according to the Bloomberg Billionaires Index.
