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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsJack Dorsey, Bill Gates And At Least 75 Other Billionaires Donating To Pandemic Relief
A small percentage of the worlds 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 itwith 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 worlds 2,095 billionaires have yet to give, or wont disclose how much theyve 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 Alibabas 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 stockabout a quarter of his $3.9 billion net worthinto an LLC to support COVID-19 relief efforts and other causes. Its 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, Americas first billionaire president, also makes Forbes roundup, following a $100,000 donationone quarter of his salaryto 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.
beachbumbob
(9,263 posts)LakeArenal
(28,798 posts)Duppers
(28,117 posts)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?