Facebook Founder, Mark Zuckerberg & Wife Become America’s 2nd Biggest Charitable Donors
Feb 13, 2013 – Facebook Owner Mark Zuckerberg & Wife Becomes 2nd Biggest Charitable Donors In The United States
Mark Zuckerberg and his wife Priscilla Chan were the second-largest philanthropists in the country last year as they gave away nearly half a billion dollars.
The Facebook founder and his pediatrician wife donated a total of $498.8million to charitable causes in 2012, putting them in line after billionaire Warren Buffett.
Mr Buffet gave more than six-times more than his younger counterparts, giving away $3.1billion to various causes, but it was the rapid ascent of the Zuckerbergs in the ranks of the country’s philanthropists that comes as more of a surprise.
Mr Zuckerberg, 28, made his first massive donation two years earlier when he announced that he was pledging $100million to the Newark school system in New Jersey.
Low key: The couple are notoriously private but Mr Zuckerberg has been public with his donations in the past
That donation was tainted with cynicism as it came around the same time as the film The Social Network which portrayed him in a somewhat negative light.
The spending spree didn’t stop there, however, as The Chronicle of Philanthropy reported that he donated 18 million shares of Facebook stock to the Silicon Valley Community Foundation in 2012.
The shares are valued at about $498.8million and he directed it towards the local group.
Education and health programs are two of the many ways that the non-profit directs their funds.
‘Together, we will look for areas in education and health to focus on next. I’m hopeful we’ll be able to have as positive an impact in our next set of projects,’ Mr Zuckerberg posted on his Facebook page at the time of his December donation.
Aside from the donation to the Newark education system and the latest boost to the Silicon Valley fund, Mr Zuckerberg has used tools other than his deep pockets.
In May of last year, Mr Zuckerberg said announced that he integrated a way for Facebook users to publicize their role as organ donors in an effort to connect those in need with people willing to help.
This was one of the clearest ways that his wife’s interests influenced his charitable efforts.
[Credit: Daily Mail UK]