In 2013, Mark Zuckerberg gave out 18 million Facebook shares to charity valued at $992m, topping the list of charity donors for that year
There is a universal law that governs the principle of giving and that is wealth creation. Most wealthy people are known to be extravagant givers which ultimately do not make them poor but a magnet for attracting more wealth. In this regard, Mark Zuckerberg who founded the popular social network Facebook and his wife gave equal amount of shares valued at $500m to the Silicon Valley Community Foundation in 2012.
In 2010, Mark Zuckerberg, Warren Buffet and Bill Gates who plans to give away $60 billion pledged to donate half of their fortunes to charity and Zuckerberg is making no loss of faith in his commitment to the actualization of that cause.
Other notable billionaires who have given extravagantly to good causes is Phil Knight, the chairman of Nike who donated $500m to Oregon Health & Science University Foundation. Michael Bloomberg, businessman and former mayor of New York also donated $350m to Johns Hopkins University, Baltimore.
Intel co-founder Gordon Moore, Oracle co-founder Larry Ellison, Romesh Wadhwani, founder of Symphony Technology Group and Azim Premji chairman of Wipro also top list of givers to The Bill and Melinda Gates foundation.
Mark Zuckerberg and his wife Priscilla Chan have now set a new philanthropist record of extravagant givers under the age of 30.