Facebook’s Mark Zuckerberg announced plans to give away the majority of his fortune to charity.
“People wait until late in their career to give back. But why wait when there is so much to be done?” Mark Zuckerberg, cofounder, CEO and president of Facebook said in a statement. “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.”
Zuckerberg is one of 17 wealthy Americans and their families who have recently taken the Giving Pledge, Bill Gates’ and Warren Buffett’s effort to get America’s wealthiest individuals and families to commit to giving the majority of their fortune away. (This past summer 40 people or couples joined the Giving Pledge.) Other notable individuals whose names were released on Wednesday night are billionaires Carl Icahn, Ted Forstmann and Zuckerberg’s former Harvard roommate and Facebook cofounder Dustin Moskovitz, the world’s youngest billionaire. Carl Icahn is the wealthiest of the new donors; his $11 billion net worth ranks him 24th on the Forbes 400 Richest Americans list. Of the 17 new donors, 13 are members of the Forbes 400; those 13 have a combined net worth of $43 billion.
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