Skip to comments.Facebook's Zuckerberg pledges to give away wealth
Posted on 12/09/2010 5:12:45 PM PST by mlizzy
NEW YORK Another 17 of America's richest people, including Facebook CEO Mark Zuckerberg, junk bond pioneer Michael Milken and AOL co-founder Steve Case, have promised to give away most of their wealth.
At 26, Zuckerberg has put himself on the map not only as one of the world's youngest billionaires, but also as a prominent newcomer to the world of philanthropy. Earlier this year, he pledged $100 million over five years to the Newark, N.J. school system. Now, he's in the company of media titans Carl Icahn, 74, Barry Diller, 68, and others who have joined Giving Pledge, an effort led by Microsoft founder Bill Gates and investor Warren Buffett to commit the country's wealthiest people to step up their charitable donations.
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It’s their money. More power to them if that’s what they want to do.
Good for him, and the rest of them.
Now leave the rest of us the hell alone.
Take a photo of the check(s) when they are written out and signed.
Until then drop the PR BS and the guilt trips.
I’d be more than happy to take a couple million off his hands.:)
“Id be more than happy to take a couple million off his hands.:)”
Yes, wealth is disease and I am the cure!
Hey, how does Warren Buffet give away all his money and still appear on Fortune’s list of wealthiest humans. Just wondering.
$100000000 to the NJ schools? If he wants to waste his money then just give it to the Kardashian girls.
InB4 I'm called a commie. I'm not. I look at stuff like this differently I guess.
I understand Buffett spends his money promoting abortion. Not so good for him or the dead babies.
As long as they don’t tell us what to do or try to implement one of their plans one of which is zero population which some of these billionaires seem to be fond of.
These robber barons like Buffet and Gates setup these foundations like the Carnegies and Rockefellers a hundred years ago for the tax shelter. It’s also a great way to by proxy funnel money to G*dless crap like forced immunizations, population control and climate change nonsense.
In some respects, the Bible agrees with you. The only reason to be a multi billionaire is to buy a sports team.
If I had enough money, I would personally pay off the debt just so it wouldnt be a political issue anymore. Right now, our country’s financial well being is just a tool to get elected. No one (maybe 10 congressmen) want to attack it because it is better as an issue to attack your opponent.
No kidding. There was a family at our kid's school that pledged 1 million dollars to the school. The school had a big write up on their web site and the husband & wife gladly took "congratulations" from everyone. Only problem...they never gave the money.
All these BS pledges to give away billions are dismaying. If I’m real rich I am going to be running a family business and family dynasty that endures. You go to Germany, other places in Europe and Asia and rich people still do this. Sure give away some millions and billions (I guess) but still you want that core family business that endures for as many generations as possible
And you sure don’t blow your billions the way the Bill Gates Foundation does. What’s the point? Gates made billions and now he squanders them with what his wife wants being a very big factor. The liberal BS they pour money into...much of it is his wife’s ideas
At 26, Zuckerberg>>>>>>
Zuckie won’t be dead for decades...Thus plenty of time to renege on this laughable pledge
No... not a commie. Just satisfied is all.
There was an interesting interview with Bill Gates long ago, and he was asked a question like “what surprised you the most about becoming so wealthy?”... and the answer was revealing. He said that in some ways it takes all the fun out of wanting stuff. When there is nothing in the world that you can’t afford— that anything you think of you can have, and right now— there’s no anticipation. Things lose their “value” to you. You could buy and throw away a new Ferrari every day. None of them are special to you.
I thought it was an interesting insight.
WILL US SIMPLE PEASENTS BE CALLED TO REDISTRIBUTE OUR FEW COINS TOO? /SARCASM KIND OF
It’s not always so purely cynical. Pretty much all the super-wealthy have eventually turned to philanthropy... especially in their later years. Ford, Annenberg, Carnegie, Gates... they all eventually seem to go that way.
That’s the thing FOX news brought up that this in not a legal binding contract and none of these guys have to say how much, where to and proof of where they give money too.
Which makes this “giving away money show” suspect as in teaching the US citizens how to redistribute their personal income 101.
I’m actually kinda with you. I wouldn’t mind being wealthy or even “rich”. I hope someday to earn enough to be at least very very comfortable. But at some point, I think a fortune would reach the point that it takes on a life of its own. I would have to spend so much time keeping it managed (and keeping an eye on the people that are supposed to be helping me manage it) and whatnot that I’d cease to enjoy the benefits. The billions I owned would end up owning me, so to speak.
What an absolute colossal waste.
Having worked for a public school I can say that this would
be shoving it down a rat hole. He should start a private
school that's worth a damn or give scholarships to worthy
Both great points and what I believe as well.
Well, most billionaire’s own the majority of their wealth in the form of stock in their company - whether that company be Micro$oft, Facebook, or whatever. It’s not like all that cash is just sitting in a checking account somewhere.
Johnny Carson took an audience question asking what's the best thing about being rich. He said it's not having to worry about paying the bills.
We’ve got a guy that lives down the street that was a billionaire for a while (it fluctuates). He’s divorced, has this giant beautiful home to himself that he almost never lives in (maybe a few days out of the month) in addition to an empty lot next to it that he bought up. His sidewalks have lines running under them so when it snows, the bricks heat up (or however it works), so here’s this guy that almost never lives there, but his walks are completely bare when it snows, and everyone else (of a much more modest income) is outside operating their snowblowers or shovels. Somehow, it’s amusing to me. Different lifestyle is all, I guess. :)
And you sure dont blow your billions the way the Bill Gates Foundation does.
What I know best of them causes me to salute them.
Johnny Carson took an audience question asking what's the best thing about being rich. He said it's not having to worry about paying the bills.One of our relatives is quite wealthy, living in Malibu, etc. and so on. He went food shopping with us once, and my husband and I were deciding what to purchase pricewise, and he just looked at us and said, "Oh, I never look at prices, ever. If I want it, I put it in the cart." So after my mother passed away and left us some money, I told my husband I was going out to do some "Siefert" shopping.
If I win the 1mil&1/2 from the Vermont Lottery I could send you a couple of bucks
Hey, you’re on!
Well... I'm not wealthy (like them, anyway) but I already don't have to worry about paying the bills. That's a pretty low bar. :-)
More to my own point: This is what puts the big lie to the worn-out liberal refrain that "the rich don't pay their fair share". Not only do "the rich" pay far MORE than a fair share in a lifetime of taxes... but they pretty much uniformly all end up turning to massive philanthropy projects. Not only are liberals idiots, but they're ungrateful idiots as well.
i bought one ticket for Sat nite! :D
These men ARE giving back - they created companies that hire citizens. They don’t need to back liberal ‘cause of the day’ crap...
Good luck, and since I’m in the “cut,” even if ever so slightly, I’ll remember to offer up a little “lotto” prayer on your behalf ... :)
Zuckerberg would had been better off starting a non profit private school in Newark than throwing it down the NJ sewer.
Agreed. Enough of this white guilt.
Most spiritual people think like that.They want nothing.That is in the sense that you can buy.They want nothing that you can feel and they want nothing except God.To be so empty is to be happy.What surprises me in all these people is they forget about God.May be they never learn about him.
it’s only me and my 12 keeds i think you could squeeze in on “the cut” :D
Really, you have twelve children?
Dismaying is right. Edumacation, friends. Guilt trips. I went to a writer’s group meeting a couple of days ago and a young girl there said she was writing a memoir, and is depressed, having problems, she cares so much about “social justice”. At another group meeting this evening, another girl, beautiful bi-racial, unfortunately already engaged, is killing herself at a stressful job doing outside sales of office supplies, 100 miles a day driving, and doing it because the company sends all profits to good causes. Office supplies, i.e. polluting trash! It’s all part of the same guilt ridden story that the media the educators pound into our heads every day! Bill Gates has done more for the humanity before quitting his job than most politicians and religious leaders. Let rest around the pool and read Marcus Aurelius, instead of jetsetting around the world with mosquito nets. I for one hope that Larry Ellison remains a high living asshole!
Gates Foundation donates 99% into a sinkhole. I read through the Wiki entry and that’s what I see
all mah keeds.......all tweblfe of dem’ and i tol’dem’da same ‘ting-i’d gib dem’ “a coupla’ of bucks” in mah dikshonary a coupla’ means 2. :D
>>Most spiritual people think like that>>
In my experience, people who refer to themselves as “spiritual”, have no religion at all.
Really,Why is that.
I can’t tell you how often I’ve heard someone say “I don’t practice any religion, but I’m very spiritual” Often, these people, who lead selfish, amoral lives persistently attack traditional religion, and never have anything positive to say for it. Of course, there are many very religious people who are also spiritual, but that’s not what I.m talking about here. I’m talking about Sinead O’Connor, Madonna, and countless other silly people who never fail to assure us that they are “spiritual”. Usually, my interpretation is that these people have rejected God, but their natural fear of eternal death prevents them from proclaiming a final and definitive rejection of the supernatural.
I answered as myself.God bless.Fatima