COVID-19: Gates, Dorsey, 8 others now top 10 private donators worldwide

COVID-19: Gates, Dorsey, 8 others now top 10 private donators worldwide

- A list showing the top private contributors to the fight against the coronavirus has emerged online

- The list includes names of wealthy people such as Jack Dorsey of Twitter and Bill and Melinda Gates

- Till date, Dorsey's contribution of $1 billion remains the highest so far

Trending world reports indicate that about 77 billionaires have donated to various causes, as at the end of April 2020, in a bid to fight the coronavirus.

Presently, the Chief Executive Officer (CEO) of Twitter, Jack Dorsey, has made the largest single donation of $1 billion, which is a quarter of his fortune.

Dorsey revealed that the balance from his donation, if any, should be made available for causes focused on helping girls worldwide, as well as those dealing with challenges in earning their basic income.

COVID-19: Gates, Dorsey and 8 others are now the top 10 private donators worldwide

Source: statista.com
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It has also been reported that Bill and Melinda Gates have also been influential with regard to support to eliminate COVID-19.

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According to Forbes's reports, they are on record to have made the second-highest private donation.

Other philanthropists who have pledged to the cause include Jeff Skoll of Skoll Foundation, a former eBay executive, and George Soros of the hedge fund Soros Fund Management, who is also well-known for his philanthropic agency, the Open Society Foundation.

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Meanwhile, Legit.ng reported that Gates said he would be funding the construction of factories for seven different potential coronavirus vaccines.

The businessman, who made the disclosure said two of the vaccines will eventually be picked after billions of dollars has gone into the seven vaccines.

Legit.ng noted that Gates said: "Because our foundation has such deep expertise in infectious diseases, we've thought about the epidemic, we did fund some things to be more prepared like a vaccine effort, our early money can accelerate things."

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He said it was worth wasting a few billion where there was trillions of dollars lost in the current situation the world finds itself.

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His words: "Even though we'll end up picking at most two of them, we're going to fund factories for all seven just so we don't waste time in serially saying 'ok which vaccine works' and then building the factory.

"It'll be a few billion dollars we'll waste on manufacturing for the constructs that don't get picked because something else is better. But a few billion in this situation we're in, where there's trillions of dollars [...] being lost economically, it is worth it."

Legit.ng previously reported that Gates promised to donate 1.8 billion naira to help fight the spread of coronavirus in Africa.

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Source: Legit.ng

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