Dorsey Pledges $1 Billion of Square Stake for Virus Relief
- Bezos, Dell among others donating money to fight the pandemic
- Square shares dip in late trading after Dorsey announces move
Jack Dorsey
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
Jack Dorsey pledged $1 billion of his stake in Square Inc., the payments firm he co-founded, to coronavirus relief efforts, the largest pandemic-related donation yet.
“I hope this inspires others to do something similar,” Dorsey said Tuesday in a tweet. “Life is too short, so let’s do everything we can today to help people now.”