Jack Dorsey

Jack Dorsey Says He's Pledging $1 Billion to Help Fight Coronavirus

The fund represents 28 percent of his net worth

In this May 15, 2019, file photo, Jack Dorsey arrives to attend the "Tech for Good" Summit at Hotel de Marigny in Paris, France.
Photo by Chesnot/Getty Images

Jack Dorsey, the co-founder of Twitter and Square, said Tuesday that he is devoting $1 billion of his stake in the mobile payments company, or 28 percent of his net worth, to help fund coronavirus relief efforts.

"I'm moving $1B of my Square equity (~28% of my wealth) to #startsmall LLC to fund global COVID-19 relief," Dorsey tweeted.

Read the full story on NBCNews.com

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