Mark Zuckerberg may be the youngest self-made billionaire in the world, but he already knows what he wants done with his money after he is gone. He was one of seventeen superrich individuals to sign on to the Giving Pledge, a campaign launched by Bill Gates and Warren Buffett to get the very wealthy to pledge to give at least half of their wealth to charity. Also representing Facebook by signing the Pledge was Dustin Moskovitz, his Harvard roommate and Facebook cofounder.
Explaining his donation, Zuckerberg said, “There is a big opportunity for many of us to give back earlier in our lifetime and see the impact of our philanthropic efforts.” Zuckerberg recently donated $100 million to the New Jersey school system.
So far, 57 of the world’s richest people have signed on to the Pledge. Among the most recent people to sign along with Zuckerberg and Moskovitz are AOL cofounder Steve Case and investor Carl Icahn. Mike Milken, the infamous former junk bond guru, has also signed on.
Zuckerberg’s estimated worth is $7 billion, though Facebook has yet to release an IPO.
Read More at the Business Journal.
Read More at the Huffington Post.
