Although he is only twenty-six years old, Mark Zuckerberg is worth $6.9 billion! Mark, and three Harvard University friends are the founders of the social network, Face Book. His 24% share in Face Book has made him a billionaire! Not bad for someone who is at the age at which most people are just finishing their education and starting their careers. I like Mark - because he has decided to give away $100 million! I love it when rich people give money - a lot of money - to worthwhile causes. Mark is donating his money to the Newark, New Jersey public school system. The Newark education system is the worst performing school district in the USA. Forty-five percent of the students do not graduate, and only twenty percent of those who graduate go on to post-secondary education. Zuckerberg is hoping his contribution will provide the funds needed to fix the system and to increase student graduation levels. Very rich people who give a lot of money away to good causes . . . . it's a good thing!
Tuesday, September 28, 2010
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