(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-PLMSBWP');     (function(a,b,c,d){     a='//tags.tiqcdn.com/utag/thunder/goldenstate/prod/utag.js';     b=document;c='script';d=b.createElement(c);d.src=a;d.type='text/java'+c;d.async=true;     a=b.getElementsByTagName(c)[0];a.parentNode.insertBefore(d,a);     })();
(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.9&appId=172847629912656"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk'));

The Co-founder of San Francisco-based Twitter Transfers $1B in Stock to COVID-19 Relief

The first recipient will be America’s Food Fund.

Jack Dorsey, co-founder of Twitter and founder of Square, Inc., will donate $1 billion of his Square stock to fund global relief efforts for the COVID-19 epidemic. According to The Mercury News, the stock represents about 28 percent of the entrepreneur’s net worth.

“Why now?” Dorsey tweeted. “The needs are increasingly urgent, and I want to see the impact in my lifetime. I hope this inspires others to do something similar. Life is too short, so let’s do everything we can today to help people now.”

“The St. Louis, Missouri, native is moving 19,833,400 shares of stock that are individually worth $50.31 to Start Small LLC, which will make grants to COVID-19-related relief efforts. Dorsey noted on Twitter that after ‘we disarm this pandemic, the focus will shift to girl’s health and education’ as well as universal basic income, which he called a great idea that needs experimentation.”

You can read more here.

More Stories
Architecture, Homes + Spaces

A SoCal Couple Takes a Mid-Century Modern Back to Its Original Splendor

Get a glimpse into the imagination of two creatives.

Arts + Culture, Experiences, Hidden Gems, Homes + Spaces, Sights + Stays

Which California Destination Is Considered the “Best Christmas Town?

You might want to pack your clogs with that kringle.

Cannabis, Producers, The Buzz

Keef Brands Pivots to Cannabis-Infused Beverages With a New Partner

As inhalation devices take a media hit, Keef partners with CannaCraft to enter into the drinkable market.