Twitter CEO Jack Dorsey Donating $1 Billion to Coronavirus Relief

Jack Dorsey has donated $1 billion to help aid in the fight against coronavirus. The Twitter CEO made the announcement in a tweet on Tuesday, offering up some details on how the money will be allocated. He also explained how the money will be utilized after the pandemic has subsided.

"I'm moving [$1 billion] of my Square equity (~28% of my wealth) to [Start Small] LLC to fund global COVID-19 relief," Dorsey tweeted. "After we disarm this pandemic, the focus will shift to girl's health and education, and UBI. It will operate transparently," he added along with a link to a Google Doc that specifies the transfer of funds. There's also a link to the GoFundMe for America's Food Fund, which has raised about $13.5 million of its $15 million goal as of Tuesday.

Though Dorsey's contribution is unprecedented, quite a few celebrities have made public donations to various causes and charities aimed at helping slow the spread of coronavirus. Drew Brees has donated $5 million to Louisiana to aid them in their fight against the pandemic, while Rihanna has also donated $5 million through her non-profit, Clara Lionel Foundation. Dolly Parton has also donated $1 million to Vanderbilt University, just to name a few.

"My longtime friend Dr. Naji Abumrad, who's been involved in research at Vanderbilt for many years, informed me that they were making some exciting advancements towards research of the coronavirus for a cure," Parton wrote on April 1, encouraging her fans to donate as well.

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Along with monetary donations, people are helping out in other ways. Penelope Cruz and Javier Bardem donated crates of medical supplies to the La Paz hospital in Madrid, Spain, while a number of medical series are donating their currently unused props to medical officials on the front lines.

As of Tuesday, there have been 386,817 confirmed cases of COVID-19 in the U.S., with 12,285 deaths and 20,191 recoveries, according to Johns Hopkins University. For information on how to stay safe and healthy during the pandemic, they offer a list of tips on their website.