Some feel-good news from the vally. Mark Zuckerberg committed to Bill Gates and Warren Buffet’s initiative called the “Giving Pledge” by agreeing to give most of his wealth to charity. With that commitment Mark joined a list of 57 other multi-millionaire and billionaire individuals and families that sympathise with Andrew Carnegie who argued that fortunes were often wasted by heirs and thus should be put to charitable use. Even though most of Mark’s estimated wealth of $ 6.9 billion is still virtual because it consists of the value of his Facebook shares, he already donated an undisclosed amount to the open social network project Diaspora as well as $100 million to Newark Public Schools.
On behalf of the others I would like to welcome Mark to the “Giving Pledge” Club…..
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