(Reuters ) Zuckerberg announced his generous donation on his Facebook page on Tuesday while since signing over 18 million Facebook shares valued at $498.8 million based on their Tuesday closing price.
Mark Zuckerberg Donates $500 Million to Health and Education Causes
DECEMBER 20, 2012Nina Golgowski, Daily Mail
Facebook CEO Mark Zuckerberg has donated nearly $500 million in stock to a Silicon Valley charity, his largest donation to date that also breaks the largest single philanthropic donation to education this year. Beneficiary Silicon Valley Community Foundation described themselves as ‘thrilled’ by the gift aimed at funding health and education issues. The non-profit which works with donors to allocate their gifts.Read more: Daily Mail