Jack Dorsey is dedicating more than a quarter of his wealth to charity [CNNMoney.com]
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Source: CNNMoney.com
Jack Dorsey sets aside $1 billion for charity. His initial focus: coronavirus relief efforts San Francisco (CNN Business) Twitter co-founder and CEO Jack Dorsey says he's dedicating more than a quarter of his wealth to a new fund for charitable causes, with the immediate focus on coronavirus relief efforts. Dorsey will transfer $1 billion of his equity in Square ( SQ ) — the digital payments company he also co-founded — to a limited liability company called Start Small, he said in a series of tweets on Tuesday. Dorsey said that amount accounts for around 28% of his wealth. The first of those grants from Start Small, for $100,000, will go to America's Food Fund to provide meals to those impacted by the coronavirus, according to a Google Doc he shared for tracking all the grants. Dorsey did not specify how much of the $1 billion commitment will be directed toward coronavirus relief as opposed to other charitable efforts after the pandemic ends.
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News
- Amazon.com (NASDAQ:AMZN) was given a new $300.00 price target on by analysts at UBS Group AG.MarketBeat
- MacKenzie Scott is trying to close the DEI gap in higher ed, with $155 million in donations this week alone [Fortune]Fortune
- Amazon.com (NASDAQ:AMZN) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
- MacKenzie Scott's Higher Ed Philanthropy Tops $1 Billion For The Year [Forbes]Forbes
- Amazon.com (NASDAQ:AMZN) had its "overweight" rating reaffirmed by analysts at KeyCorp.MarketBeat
AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website