Mark Zuckerberg donated $ 500 million in Facebook shares to charity
The CEO of Facebook, Mark Zuckerberg, announced that it will donate the equivalent of nearly $ 500 million in shares of his company to charity, to promote education and health initiatives. The foundation beneficiary is Community Foundation, an NGO that distributes donated money to organizations that are in line with the donor’s philanthropic goal.
This is the largest donation by Zuckerberg far. The young CEO had donated in 2010 USD $ 100 million in company stock to public schools in New Jersey, and also signed the agreement led by Microsoft founder Bill Gates and investor Warren Buffett, in which Millionaires world will donate most of their fortunes to charity .
Zuckerberg said that the donation was to “establish the basis for new projects” and expected to have a positive impact.Actions, donation, Facebook, Mark Zuckerberg, Millionaires, money