Jack Dorsey, co-founder and CEO of Twitter, has announced a contribution of 1,000 million dollars (922 million euros) to finance the fight against Covid-19 and other charitable causes, representing the donation of approximately 28% of your personal fortune. Dorsey has explained on his Twitter profile that he will make a transfer of 1 billion dollars from his digital payments company Square, of which he is also CEO, to finance the fight against the coronavirus. "After disarming this pandemic, the focus will be on girls' health and education, as well as UBI (universal basic income)," he said. The businessman has specified that the decision to withdraw the funds from Square is due to the fact that he currently has a much more presence in that company, although he has stressed that the impact that this money will have "should benefit both companies in the long term because it is helping people". “The needs are more and more urgent, and I want to see the impact in my life. Hope this inspires others to do something similar. Life is too short, so let's do everything we can today to help people now, "he added. At the end of last March, Twitter revised down its forecast of results for the first quarter as a result of the growing impact of the Covid-19 pandemic. In this way, the social network anticipated a year-on-year drop in its income, as well as operating losses, despite having registered a strong increase in the number of daily users, which reached 164 million in the first quarter, 8% more than in the fourth quarter of 2019.
Jack Dorsey: Twitter Co-Founder Donates A Third Of His Fortune To Fight Coronavirus
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