How billionaires are responding to the George Floyd protests - Business Insider

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How billionaires are responding to the George Floyd protests

Snap CEO Evan Spiegel sent a memo to staff Sunday, calling for the creation of a non-partisan commission on reparations and higher taxes on the ultrawealthy to address the racial wealth gap.

"Private philanthropy can patch holes, or accelerate progress, but it alone cannot cross the deep and wide chasm of injustice," Spiegel wrote. "We must cross that chasm together as a united nation. United in the striving for freedom, equality, and justice for all."Melinda Gates.

. "I will continue to deepen my understanding and to stand with people and organizations working toward a future centered on gender and racial equity."

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