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Mark Zuckerberg

Facebook co-founder and CEO Mark Zuckerberg joins a growing number of billionaires pledging to give away most of their fortune to charity.

The “Giving Pledge” asks wealthy individuals to pledge to donate most of their money either during their life or after their death.

Mark Zuckerberg To Donate Wealth

Mark Zuckerberg

Zuckerberg, who is 26 at the moment, is one of the youngest persons on the list. Of course, he is one of the world’s youngest billionaires, the other being Facebook co-founder Dustin Moskovitz, who also joined the Giving Pledge.

Mark Zuckerberg pledges to give majority of wealth to charity

The Giving Pledge is a movement created by Microsoft co-founder Bill Gates and investor Warren Buffett. Those who sign it are making a promise to leave their fortune to charity, however it is not an obligation.

The donations of the individuals who signed the Giving Pledge are not tracked, so signing it is purely a matter of personal choice and requires no commitment. However, it wouldn’t look very good to sign it and then not live up to the promise.

Mark Zuckerberg is one of 16 new billionaires to join the Giving Pledge, the Wall Street Journal reports. A total of more than 50 people have signed it. Also new on the list is another Facebook co-founder Dustin Moskovitz, ex-AOL CEO Steve Case and investor Carl Icahn.

They join some of the biggest names in technology and business. Except the aforementioned, Bill Gates and Waren Buffet, people such as Oracle founder Larry Ellison and film director George Lucas have signed the pledge.

Mark Zuckerberg

[via: Wall Street Journal]

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