Zuckerberg Makes Biggest Charitable Donation Yet
Gives $500M in stock to health, education charity
By Rob Quinn, Newser Staff
Posted Dec 19, 2012 12:17 AM CST
Facebook CEO Mark Zuckerberg smiles at the Allen & Company Sun Valley Conference earlier this year.   (AP Photo/Paul Sakuma)

(Newser) – Mark Zuckerberg has hit the "share" button on a sizable chunk of his fortune. In his biggest donation to charity yet, the Facebook founder has donated stock worth around $500 million to a Silicon Valley charitable foundation that funds educational and health initiatives, the Los Angeles Times reports. "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," the foundation's CEO said. Zuckerberg pledged $100 million to Newark public schools in 2010.

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Showing 3 of 16 comments
William Keightley
Dec 22, 2013 12:53 PM CST
I began flying a sign after walking away from the conflict of being in business with a control freak spouse, taking care of an infant grandchild and delivering pizzas. Watching the people flying a sign make more than me and not spending it on fuel encouraged me to give this a try. i personally did this to Help take care of my Grandkids and be able to spend time with them. Now its Christmas time and I am helping my 87 year old father who recently ran over himself (Don't ask me how) and has the VA taking care of the injury.They let a hematoma develop into an eschar which they allowed to rot his leg away for 4 weeks. Thus leaving me to dress and pack the wound 2 times a day for the next 4 -6 months, thus keeping me from being able to travel to go fly a sign. So if anyone has the desire to keep me off the street or help my grandkids have a better Christmas any extra dollars you have in your paypal account can be donated to mosaicwill@yahoo.com via paypal. Thank you for your generosity!
KenDreger
Dec 19, 2012 5:18 PM CST
More people with the funds like this need to support our charities.......Thank You Mark and your wife....
right2dave
Dec 19, 2012 12:53 PM CST
Sell the stock before the bottom drops out!