Tech titans put up big bucks to fight Covid-19 — will more private money follow?


Big-cheque writers have included CEOs like Bezos, Zuckerberg and Roberts; billionaire entrepreneurs Gates and Bloomberg; and celebs Winfrey and Rihanna. Then there’s Dorsey, who has outdone everyone by pledging US$1bil (RM4.37bil) in proceeds from stock sales of his payments company Square — nearly one-third of his wealth — to create a fund initially focused on COVID-19 relief efforts. — Reuters

LOS ANGELES: Wealthy denizens of Hollywood and Silicon Valley — an elite strata not always held in the highest esteem by the general public — have pledged large donations amid the global economic chaos to help those afflicted by the coronavirus.

"If anyone can afford to give right now, it's the billionaire class," says David Callahan, founder and editor of news site Inside Philanthropy.

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