Last updated: Wednesday April 08, 2020 KSA 03:43 – GMT 00:43
Posted on: Tuesday April 07, 2020 KSA 22:35 – GMT 19:35
Source: Dubai – Arabic.net
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Twitter founder, Jack Dorsey, announced on Tuesday he donated $ 1 billion to fight the Corona pandemic, indicating that the amount donated would be in the form of shares he owned in Square and would be transferred to a charity affiliated with him.
He said in a series of tweets that he will transfer his share capital from the company “Square”, which specializes in digital payments, to his charitable organization, “Start Small”, pointing out that the value of these shares amounts to one billion dollars and accounts for 28% of his total wealth.
I’m moving $ 1B of my Square equity (~ 28% of my wealth) to #startsmall LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI. It will operate transparently, all flows tracked here: https://t.co/hVkUczDQmz
– jack (@jack) April 7, 2020
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“Why now? Because the needs are becoming more urgent, and I want to see the effect throughout my life,” he said, expressing hope that “this will inspire others to do something similar. Life is too short, so let’s do everything we can today to help people now.” “.
And Dorsey, whose Forbes put his fortune at $ 3.3 billion, indicated that after the end of the epidemic, the remaining money will be transferred to health promotion, girls ’education and incomes.
The largest donation
This is probably the largest single-person donation of efforts to combat the Covid-19 epidemic and its devastating consequences, both in the United States and the world at large.
The richest man in the world, Jeff Bezos, owner of the Amazon site, announced five days ago on Instagram that he would donate $ 100 million to American food banks.
As for Mark Zuckerberg, founder of Facebook and his wife, Priscilla Chan, we announced that they will donate $ 25 million to fund research aimed at finding treatments for the emerging corona virus.
The spread of the emerging virus has killed at least 8,0142 people in the world since its appearance in December in China, according to a toll compiled by AFP on Tuesday at 19:00 GMT, according to official sources.
More than 1397,180 cases have been diagnosed in 192 countries and regions, according to official figures, since the start of the Covid-19 epidemic. However, this number only reflects part of the real outcome, because a large number of countries do not conduct tests except for cases that require transportation to hospitals.
Of these injuries, at least 257,100 people have recovered to date.
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