Jack Dorsey – Good Billionaire

My book dumps on the super-rich as a generalised unit. However for every 10 people who buy superyachts, there is 1 who uses their wealth for good.

Jack Dorsey, billionaire founder of Twitter and Square, gave away $1 billion in shares (28% of his net worth) to his charitable foundation. This isn’t a foundation that donates to colleges and hospitals reserved for the wealthy. The money doesn’t go to pushing a political agenda that helps him stay rich.

No, the money is going towards genuinely helping the poor. Take a look at the public spreadsheet of the donations. And you will see donations regarding COVID-19, and in general feeding the poor. And of particular interest, supporting pilot UBI programs.

Hopefully the media highlights his giving as much as possible, so other billionaires can consider following suit.