Mark Zuckerberg Just Gave $990 Million To Charity

This morning, Mark Zuckerberg announced plans to give 18 million Facebook shares to charity by the end of the month.

Facebook is currently trading at $55 per share, so Zuckerberg's gift is worth just under $1 billion.

The money will go toward Zuckerberg's foundation, the Silicon Valley Community Foundation andThe Breakthrough Prize In Life Science, a Noble Prize-like award.


2013 was a year in which there was a serious backlash against the idealism of Silicon Valley.

And yeah, the industry does deserve some flack for talking about changing the world with iPhone games and photo-sharing apps. And sure, you can see why people in San Francisco might protest over Google buses using public bus stops. And sure, sometimes tech industry people say dumb, mean things about the homeless. It all adds up to a sense, recently articulated by Business Insider's Jim Edwards, that Silicon Valley is living inside a bubble of tone-deaf arrogance