Mark Zuckerberg, CEO of the world’s largest social networking company and his wife, Priscilla, find giving spirit during this year holiday season. Today, the couples are donating about $500 million in stock to a charitable foundation (or, equal to 18 million Facebook shares).
According to a post written by Zuckerberg at the social network wall, the couples had previously signed The Giving Pledge and promised to give away over 50% of the money they will earn during their lifetime to charity.
The lucky foundation is the Silicon Valley Community Foundation. The fund will be used to enhance education and health in Silicon Valley areas. Similarly, Zuckerberg has previously donated some of his fortunes to several schools in Newark, New Jersey.
(Image: Mark Zuckerberg’s Facebook wall posting)