Facebook founder Mark Zuckerberg plans to donate up to $100 million to Newark schools this week in order to help with the improvement of one of the country's worst performing public school systems.
HUH??? But why?
Mr. Zuckerberg has had a long-standing interest in education, particularly teachers' low salaries, according to a person familiar with the discussions. Over the last year, he had a series of meetings with people involved in education and developed a relationship with Newark Mayor Cory Booker. Mr. Zuckerberg attended public high school in Ardsley, N.Y., before transferring to the private Phillips Exeter Academy in Exeter, N.H. While Mr. Zuckerberg has made charitable donations in the past that have not been widely reported, this is by far his largest and represents his debut as a major philanthropist. According to the person familiar with the discussions, Mr. Zuckerberg decided he did not want to wait until he was near his career's end before getting involved in major philanthropy.WOW! Well good for him!
And get this...the kid is only 26 years old!
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