Mark Zuckerberg Donates $500 MILLION to Charity

by at .  Updated at . Comments

Mark Zuckerberg has donated $500 million to charity. No, that is not a misprint.

The Facebook CEO handed off that amount in company stock Tuesday, with the Silicon Valley Community Foundation -  a nonprofit that works with donors to allocate their contributions - the beneficiary of the monumental sum.

Can Zuckerberg afford it? Oh yes: he earned $3.5 billion in November alone. Again, that is not a misprint.

But this is still an impressive gesture, of course, and it comes on the heels of his 2010 donation of $100 million to help improve Newark schools.

In a Facebook post, referring to the latest charitable move, Zuckerberg said he "will look for areas in education and health to focus on," while Silicon Valley Community Foundation CEO Emmett D. Carson added:

"Mark's generous gift will change lives and inspire others in Silicon Valley and around the globe to give back and make the world a better place."

It's been quite a good year for Zuckerberg, as Facebook went public and he married Priscilla Chan.

Tags: ,

Hello Mark Zuckerberg next time when you want to give money i dont have any could you please donate me some i would be so happy thankful.

Luxury and lifestyles

Do You Know Why the World’s Top 10 Richest Youngsters are under 30


lakawak, Tax Brackets! You've heard of them, Yes? He's making several BILLION dollars per month. If that extra 3 million earnings put him into another bracket, than it is better to donate. Done correctly you can actually save money. Perhaps you don't work with large sums of money. I'm not saying that's why he donated, but it's why lots of us do.


At lest Mark gave the money to charity in THIS country. All we here are what this country donates to other foreign countries: Haiti, Egypt, the Philippines...Granted, these places need help badly but there is so much poverty and so many medical problems in our country, it's time someone took a look at what's needed here.


What the F is this story doing here after clicking on a pic of that nasty K Kardassian? It makes it appear that SHE donated $500M. I bet PMK paid for that privilege.

@ Mz. Undastood

I knew it wasn't Kim K. She doesn't have that kind of money.


There are religious organizations such as Jehovah's Witnesses who give insane amounts of charity to the poor including building homes all over the globe for the poor and it will not be advertised. Just give humbly and keep quiet about it.


who cares if it's a tax write off?!?! while millionaire reality tv stars are donating $10,000 to a charity of their choice (usually 1 that they are associated with or benefit from showing ppl they work with) mark is donating an obscene amount of money to schools, and areas of need...good for him!!


Of his "earnings" as in his presidential salary. Or a small fraction of his ACTUAL earnings.


Mark is the best


What has Obama, Polose, and Harry Reed had to do with this generous act. You fucked up Haters that parade yourselves as "Tea Party" nonsense. It just baffles me that we live in a so-called "dream Land" where their citizens don't even know the job description of the job that they're applying for: Sara Palin. What a joke.

× Close Ad