Mark Zuckerberg, the CEO of Facebook has reportedly topped the giving list for US philanthropists after donating a Silicon Valley foundation with nearly one billion dollars.
Zuckerberg, along with wife, Priscilla Chan, contributed the sum to the Silicon Valley Community Foundation including 18 million in Facebook shares that totaled to about 992 million dollars.
AdvertisementAccording to Newsmax, Zuckerberg is joined by 14 other big ticket donors in the US, including outgoing New York City Mayor Michael Bloomberg and businessman and political activist David Koch, who were among those giving away at least 100 million dollars of their fortunes at one time.
The Chronicle of Philanthropy released its annual charitable giving list in which Zuckerberg featured as the first person aged under 30 years of age to top the list of biggest donors.
The report said that Zuckerberg had made the same donation in 2012 with 18 million shares of Facebook stock, but that year the shares were valued at much less, worth under 500 million dollars.