Mark Zuckerberg of Facebook donates half a billion dollars

Posted on by

Almost two years to the day since Mark Zuckerberg promised to give half of his wealth away to charitable causes, the Facebook founder has announced (on his Facebook page, natch) a donation that amounts to around half a billion dollars.

The recipient is a Silicon Valley-based charity, the Silicon Valley Community Foundation, which will receive 18 million shares in his social network, which floated earlier this year. Its value? A shade under $500 million.

This entry was posted in , by Grant Montgomery.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.