Zuckerberg's Other Billion-Dollar Idea: 2013's Biggest Charitable Gift

Facebook CEO Mark Zuckerberg and wife Priscilla Chan took the whole "season of giving" thing to heart once again in 2013

For the second straight year, the couple gave away 18 million Facebook shares — a gift worth more than $970 million — to the Silicon Valley Community Foundation in December

See also: 10 Innovations That Improved the World in 2013

The donation was the largest charitable gift on public record in 2013, according to the Chronicle of Philanthropy, and marked the first time that donors under the age of 30 were responsible for the year's largest donation. Zuckerberg and Chan's 2013 donation was equal in shares to the gift the couple gave the same foundation in December 2012. That gift was valued at just under $500 million at the time, but the success of Facebook's stock over the past 12 months more than doubled the value of the 2013 donation Read more...

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