Jack Dorsey to donate 28% of his net worth to COVID-19, other effortsApril 8, 2020 - 11:13 AMT PanARMENIAN.Net - Jack Dorsey, the CEO of both Twitter and digital payments platform Square, said on Tuesday, April 7 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% of his current net worth, or about $3.6 billion, The Verge says. The announcement marks the most significant philanthropic effort from the 43-year-old tech executive in his career. Dorsey says the $1 billion going into Start Small will be publicly tracked, and he even tweeted the public Google Sheets spreadsheet that will track the spending. It includes an existing $100,000 donation Dorsey gave to America's Food Fund. He says following the COVID-19 relief effort, Start Small will shift focus to “girls' health and education, and UBI,” or universal basic income. Photo. Amal KS/Hindustan Times via Getty Images Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |