As the global economy contends with a loss of confidence and job losses, some of the world’s richest people are stepping up to the plate.
Twitter CEO Jack Dorsey is donating roughly 25% of his net worth to COVID-19 in the form of Square stock, valued at $1B.
His donation, which was placed in a donor-advised fund called Start Small LLC, is more than four times higher than any other billionaire. That said, after the pandemic, Dorsey also stated that this money may also go towards girl’s health and education, as well as universal basic income.
Overall, 77 of the world’s billionaires have made public contributions related to the COVID-19 pandemic, just a fraction of the world’s ultra-rich.
As COVID-19 continues to spread globally, will the world’s billionaires still accumulate wealth at greater speeds, or will a different picture emerge as unconventional policies around the world become increasingly commonplace?
Here Are Billionaire Who Donated To Fight COVID 19
10.Johann Rupert
Johann Peter Rupert is a South African-born entrepreneur, who is the eldest son of business tycoon Anton Rupert
COVID-19-Related Donation: $54.5 Million
Percent of Net Worth: 1.1 %
9.Nicky Oppenheimer
Nicholas F. Oppenheimer is a South African billionaire businessman and philanthropist. He was formerly the chairman of the De Beers diamond mining company.
COVID-19-Related Donation: $54.5 Million
Percent of Net Worth: 0.7 %
8.Amancio Ortega
Amancio Ortega Gaona is a Spanish billionaire businessman. He is the founder and former chairman of the Inditex fashion group.
COVID-19-Related Donation: $68 Million
Percent of Net Worth: 0.1 %
7.Lynn & Stacy Schusterman
Lynn and Stacy Schusterman are an American billionaire philanthropist. She is the co-founder and chair of the Charles and Lynn Schusterman Family Foundation.
COVID-19-Related Donation: $70 Million
Percent of Net Worth: 2.1 %
6.Michael Dell
Michael Saul Dell is an American billionaire businessman and philanthropist. He is the founder, chairman and CEO of Dell Technologies.
COVID-19-Related Donation: $100 Million
Percent of Net Worth: 0.4 %
5.Jeff Bezos
Jeffrey Preston Bezos is an American industrialist, media proprietor, and investor. He is best known as the founder, CEO.
COVID-19-Related Donation: $100 Million
Percent of Net Worth: 0.1 %
4.Andrew Forrest
John Andrew Henry Forrest AO, nicknamed Twiggy, is an Australian businessman. He is best known as the former CEO of Fortescue Metals Group.
COVID-19-Related Donation: $100 Million
Percent of Net Worth: 1.2 %
3.Azim Premji
Azim Hashim Premji is an Indian business tycoon, investor, engineer, and philanthropist, who is the chairman of Wipro Limited.
COVID-19-Related Donation: $132 Million
Percent of Net Worth: 2.2 %
2.Bill & Melinda Gates
The Bill & Melinda Gates Foundation is an American private foundation founded by Bill and Melinda Gates. Based in Seattle, Washington.
COVID-19-Related Donation: $235 Million
Percent of Net Worth: 0.2 %
1.Jack Dorsey
Jack Patrick Dorsey is an American computer programmer and Internet entrepreneur who is the co-founder and CEO of Twitter.
COVID-19-Related Donation: $1 Billion
Percent of Net Worth: 25.6 %
Source: | Visual Capitalist
