Wednesday, February 12, 2014

Mark Zuckerberg is the most generous donor of US in 2013

Facebook founder and CEO Mark Zuckerberg became the youngest and the most generous philanthropist of America in 2013. This was revealed by the Chronicle of Philanthropy on 10 February 2014. He had given almost 1 billion dollar of his fortune to the charity. The charity was made to the Silicon Valley Community Foundation. He along with his wife Priscilla Chan dedicated their 2012 funds managed by the group for health and education. Mr. Zuckerberg at 30 is the youngest benefactor ever to top the annual charitable donations list.

In September 2012, his net worth was estimated by Forbes magazine at 19 billion dollar, making him the 20th richest in the United States. Last year, the Facebook founder and his wife occupied the number two spot in charitable giving, making donations of nearly 500 million dollar in 2012.

Over the past two years, Mr. Zuckerberg and his wife, a physician, have given 36 million Facebook shares to the fund, valued at about 1.5 billion dollar.

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