Facebook's Zuckerberg vows to donate his wealth

Facebook co-founders sign the Giving Pledge, promising to donate majority of their fortunes

Mark Zuckerberg, the billionaire behind Facebook, has pledged to part with a sizable chunk of his fortune for good causes.

Zuckerberg and 15 other billionaires signed on to the Giving Pledge, agreeing to donate the majority of their fortunes to charity. With the new names added to the list of charitable donors today, there now are 50 signatures, including AOL co-founder Steve Case, Microsoft co-founder Paul Allen and Larry Ellison, co-founder and CEO of Oracle.

Zuckerberg isn't the only one at Facebook to make the pledge. Dustin Moskovitz, who co-founded Facebook along with Zuckerberg, also took the pledge.

"People wait until late in their career to give back," Zuckerberg said in a statement. "But why wait when there is so much to be done? With a generation of younger folks who have thrived on the success of their companies, there is a big opportunity for many of us to give back earlier in our lifetime and see the impact of our philanthropic efforts."

The Giving Pledge, an effort organized by Bill Gates, asks the wealthiest individuals and families in the U.S. to commit to giving the majority of their wealth to the charitable organizations of their choice either during their lifetime or after their death.

This isn't Zuckerberg's first major charitable donation.

This past September, Zuckerberg announced the creation of a new foundation called Startup: Education. He also seeded the organization with an "initial gift" of $100 million earmarked for the Newark, N.J., school system.

Join the PC World newsletter!

Error: Please check your email address.

Tags Management and Careersbusiness issuespersonnelIT industryWeb 2.0 and Web AppsFacebook

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Sharon Gaudin

Computerworld (US)
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?