Dustin Moskovitz confirmed tonight that he has recently given $50,000 in support of Proposition 19, which is seeking to legalize marijuana in California this November. He had previously donated $20,000 to supporters of the act, which would allow people 21 years old or older to possess, cultivate or transport cannabis for personal use and would permit local governments to regulate and tax commercial production and sale of the substance. (Update: Dustin explains why he backs Prop 19.)
Not too many other billionaires have come out in favor of legalizing pot but one who has is Peter Lewis, who donated $12,800 to Oregon’s medical marijuana ballot this November, according to my colleague Clare O’Connor. (Read her September post). Lewis, who was arrested for drug possession in New Zealand a decade ago, has been a longtime supporter of the issue; he apparently smoked marijuana for pain relief after his left leg was amputated.
Moskovitz, who is now the America’s youngest billionaire and who is played by actor Joseph Mazzello in the just released Facebook movie “The Social Network,” had no other comment at this time. Moskovitz left Facebook in 2008 and started Asana, a software company that allows individuals and small companies to better collaborate. The company, which has several of the same early backers as Facebook, lists some of its values as pragmatism, chill-ness and being a mensch. For now, we estimate that his entire $1.4 billion fortune comes from his 6% stake in Facebook