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Bayard

(22,004 posts)
Wed Apr 15, 2020, 04:40 PM Apr 2020

Jack Dorsey, Bill Gates And At Least 75 Other Billionaires Donating To Pandemic Relief

A small percentage of the world’s richest people have publicly disclosed financial gifts to help fight COVID-19. Others are using their money to help support their own companies.

As the coronavirus pandemic sweeps across the globe, billionaires are donating to the fight against it—with some giving more than others. Since mid-March, Forbes has been tracking how much this ultra-rich set has been donating to COVID-19 causes. While most of the world’s 2,095 billionaires have yet to give, or won’t disclose how much they’ve spent, at least 77 of them have reached into their wallets. Of those, 54 have disclosed at least part of their giving while another 23, such as Alibaba’s Joseph Tsai, gave unspecified amounts of cash or provided assistance in the form of medical supplies or equipment that Forbes was unable to value.

Of these billionaires, Jack Dorsey has emerged as the most generous giver so far, after announcing on April 7 that he was moving $1 billion of his Square stock—about a quarter of his $3.9 billion net worth—into an LLC to support COVID-19 relief efforts and other causes. It’s unclear how much of this $1 billion will go toward the coronavirus pandemic (so far he has given out about $5 million combined to four organizations), but even if it ends up being just 20% of his pledge, he will still have far outspent his peers. The second-largest pledge comes from Indian tech magnate Azim Premji, who plans to give $132 million to humanitarian aid and health interventions to curb the spread of COVID-19. Bill Gates comes in third, with $105 million committed, mostly to be spent on vaccines, treatment and diagnostic development.

Donald Trump, America’s first billionaire president, also makes Forbes’ roundup, following a $100,000 donation—one quarter of his salary—to the Department of Health and Human Services. The check represents 0.005% of his $2.1 billion net worth.

https://www.forbes.com/sites/hayleycuccinello/2020/04/15/jack-dorsey-bill-gates-and-at-least-75-other-billionaires-donating-to-pandemic-relief/#6a50e0c521bd


Website has the complete list. Notice that tRump comes in dead last.

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Jack Dorsey, Bill Gates And At Least 75 Other Billionaires Donating To Pandemic Relief (Original Post) Bayard Apr 2020 OP
give $10 billion to a DNC based superpac would make a great message by these folks beachbumbob Apr 2020 #1
$1 billion would be good. LakeArenal Apr 2020 #2
I'm shocked that IQ45 gave a penny Duppers Apr 2020 #3
Trump's donation will cover a little under two hours of his next golf trip. Midnight Writer Apr 2020 #4

Duppers

(28,117 posts)
3. I'm shocked that IQ45 gave a penny
Wed Apr 15, 2020, 09:04 PM
Apr 2020

Much less wrote a ck for $100K. That's probably 5% of the graft he collected from taxpayers since he walked into the Oval Office.

He's worth $2.1 billion now? Wow, how?


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