Twitter CEO Jack Dorsey earmarks $1 billion towards COVID-19 fight

To help fund relief efforts related to the Coronavirus pandemic, Twitter Inc. co-founder Jack Dorsey has pledged to set aside $1 billion. The donation equates to nearly 28% of his wealth. It is worth noting that this deadly virus has claimed more than 10,000 lives across the US.

According to the Bloomberg Billionaires Index, Jack Dorsey has a net worth of about $3.9 billion.

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Last week, Amazon CEO Jeff Bezos has donated $100 million to alleviate hunger in the US during a health and financial crisis caused by the Covid-19 pandemic.

Additionally, the Bill & Melinda Gates Foundation has given $100m to efforts to develop a Covid-19 vaccine & to fund testing and treatments. Michael Dell, the founder of Dell computers, too has committed $100m.

Around the world, nearly 1.4 million people have been infected with the novel Coronavirus, and there have been more than 80,000 deaths. There are currently no approved vaccines or treatments to cure the infection.