Mark Zuckerberg is starting an education foundation. The first gift, a breathtaking $100 million, is going to improve Newark, New Jersey’s perennially crappy public schools.
Yes, Mark’s net worth was just estimated at $7 billion. But that’s mostly private paper wealth. And the man is only 25 years old.
(And he’s not even from New Jersey). But we love him for it!
The move is probably timed to counteract the repellant image of Mark in the fictional Facebook movie. It’s a huge gift, one he didn’t have to make.
Well done, Mark!
New Jersey is in such a mess! Our taxes prove that thought!
Richard Perez-Pena at the New York Times broke the news and has more.
It will be announced, where else? On The Oprah Winfrey Show.