Facebook CEO Donates Almost $500 Million to Charity

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About Kathryn DeHoyos

Kathryn DeHoyos currently resides on the outskirts of Austin, TX. She is the News Editor for the Good Feed Blog and absolutely loves what she does. She is the happy mommy to a wild 2 year old girl-child, and is blissfully happy being un-married to her life partner DJ.

Comments

  1. Zuckerberg’s personal wealth is estimated to be $9.4 billion as of 2012

    I would note that he gave “stock” which really doesn’t have much of an impact on his personal wealth. What he gave was part of his publically traded company. Good for him but in my book, blessed are the many who have little themselves that give to charity. In my eyes, the wealthy have wealth to give, and I can guarantee you that none of the ultra rich or rich for that matter, would give so much that would jeopardize their own life style. God bless the person who has nothing yet still gives.

    • Kathryn DeHoyos says:

      Still, $500 million is not an insignificant amount of money. Considering how many “ultra rich” (I like the way you said that by the way) don’t contribute anything (or very little) for education and health issues Mr. and Mrs. Zuckerberg should still be recognized for their contribution! JK Rowling, the creator of Harry Potter, is another of the ultra rich who makes huge donations! So huge in fact, that Forbes reported earlier this year she has lost her billionaire status due to the amount of donations and taxes she has paid (unlike others who look for any way possible to avoid paying taxes) on her fortune.

      http://www.telegraph.co.uk/culture/books/booknews/9129981/Forbes-list-JK-Rowling-fortune-under-vanishing-spell.html

      Although Mark Zuckerberg’s donation may be “pocket change” compared to his net worth I still think he, and others like him, are setting a great example…

  2. “The magazine said: “New information about Rowlings’ estimated $160 million (£101 million) in charitable giving combined with Britain’s high tax rates bumped the Harry Potter scribe from our list this year.””
    It’s my understanding she is a self make (former) billionaire and was once flat broke. I can see that because of her background why she would give to charities. …. I also didn’t know Britain has such a high tax rate.

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