Thursday, 25 June 2015

ENTRY #11

Philanthropic causes 



Nowadays it's quite difficult to find a generous young man that love to involve in charity, especially when they are wealth. But not for this young entrepreneur. With the amount of money that he have, Zuckerberg love to involve himself in charity. Zuckerberg has used his millions to fund a variety of philanthropic causes. The most remarkable moment is during September, 2010, Zuckerberg has donated a total amount of $100 millions to save the Newark Public School system in New Jersey. A month later, just in time for Christmas, Zuckerberg has became a "Santa Claus" and made the biggest decision of his life where he signed up for "Giving Pledge" - a commitment by the world's wealthiest individuals and families to dedicate the majority of their wealth to philanthropy. In this he promised to donate at least half of his wealth to charity over the course of his lifetime. The 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,"

Since then Zuckerberg never fail to bring happiness and put a smile on everyone's face especially for those who needed it the most. He is like the "Robin Hood", except the money he gave out is the money that he earned himself. In 2013 alone, this young billionaire and his life partner has set a record for charitable giving for the year with their gift of 18 millions Facebook shares which worth more than $970 millions to the Silicon Valley Community Foundation. In 2012, the couples has also donated the same number of shares, then worth around half a billion, to the organization. There was plenty of giving in 2013—Zuckerberg topped the list in top 50 givers over the year.


In the year 2014, when the outbreak of the disease Ebola shocked everyone worldwide, again Zuckerberg and his wife promised $25 million are going to the CDC Foundation to help fight Ebola by posting on their Facebook wall about how critical it is this Ebola disease. Althought this young entrepreneur spent a lot of money doing the charity work, he still making more and more money everyday.



BIBLIOGRAPHY
1. Biography.com, (2015). About Mark Zuckerberg. [online] Available at: http://www.biography.com/people/mark-zuckerberg-507402#time-at-harvard [Accessed 19 Jun. 2015].

2. Cbsnews.com, (2015). Mark Zuckerberg Pledges Most of $6 Billion Fortune to Charity. [online] Available at: http://www.cbsnews.com/news/mark-zuckerberg-pledges-most-of-6-billion-fortune-to-charity/ [Accessed 24 Jun. 2015].

3. Facebook.com, (2015). Mark Zuckerberg - Priscilla and I are donating $25 million... | Facebook. [online] Available at: https://www.facebook.com/zuck/posts/10101696761533081 [Accessed 24 Jun. 2015].

4. Forbes, (2012). Mark Zuckerberg Finds Giving Spirit, Donates $500 Million To Silicon Valley Community Foundation. [online] Available at: http://www.forbes.com/sites/ryanmac/2012/12/18/mark-zuckerberg-finds-giving-spirit-pledges-nearly-500-million-to-silicon-valley-education/ [Accessed 24 Jun. 2015].

5. Isaac, L. (2010). Facebook's Zuckerberg To Give Away Half His Fortune. [online] Forbes. Available at: http://www.forbes.com/2010/12/09/zuckerberg-icahn-billionaires-business-giving-pledge.html [Accessed 24 Jun. 2015].

6. The Daily Beast, (2014). How Does Zuckerberg’s Ebola Pledge Measure Up To Other Bigwig Donations?. [online] Available at: http://www.thedailybeast.com/articles/2014/10/14/how-does-zuckerberg-s-ebola-pledge-measure-up-to-other-bigwig-donations.html [Accessed 24 Jun. 2015].

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