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Friday, April 24, 2020

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Click on headline to read article...


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

Hayley C. Cuccinello - April 15, 2020

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.

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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.

One Oklahoma billionaire who has committed $10 million so far was critical of President Trump, not because of his paltry gift but because of his administration’s response thus far. “It’s unfortunate that private charity has to assume the role of primary safety net and even supply chain and logistics manager because of the failure of government to perform its function,” said George Kaiser.

At this point in the article there's a very good chart showing the who/what/why of donations if you are interested.






2 comments:

Nice you must be or delete your ass I will.