Jack Dorsey is one of the most prominent figures in the American technology industry. He runs two companies, the short message service Twitter and the payment platform Square. Unlike Mark Zuckerberg, CEO of the social network Facebook, Dorsey has so far not attracted much public attention with charitable commitment. He is changing this in a spectacular way: He has announced that he will transfer $ 1 billion Square shares to a charity called Start Small, which will initially support projects related to the Corona crisis. As Dorsey said, the amount is 28 percent of his wealth, and he uses Square shares because he has a more valuable stake in the pay service than in Twitter.
When the pandemic is over, Start Small should also get involved in other areas, including girls’ education and health, and unconditional basic income, “a great idea to experiment with,” according to Dorsey. The first Corona project he supports is called America’s Food Fund, an initiative launched by actor Leonardo DiCaprio and Laurene Powell Jobs, widow of Apple’s co-founder Steve Jobs, to provide food to the needy. Dorsey gives $ 100,000 for that.