LIVE VIDEO: Live Newscast    Watch
 

Facebook's Zuckerberg gives $5M for health center

4:35 PM, Jan 22, 2014   |    comments
Facebook CEO Mark Zuckerberg created an entire new platform for engaging others online and revolutionized social media. Successes like Zuckerbergs are at the center of the debate on the origins of wealth (Photo: Paul Sakuma AP)
  • Share
  • Print
  • - A A A +
  • FILED UNDER

 


 


EAST PALO ALTO, Calif. (AP) - Facebook CEO Mark Zuckerberg and his wife are donating $5 million to help expand a community health center in Silicon Valley.

The gift - announced Wednesday - will cover part of the $29 million cost for adding another facility to the Ravenswood Family Health Center in East Palo Alto, Calif. That's not far from Facebook Inc.'s headquarters in Menlo Park, Calif.

The new building is expected to be complete next year.

The 29-year-old Zuckerberg has become one of the world's richest people since he started Facebook's online social network at Harvard University nearly a decade ago. Forbes magazine estimates his wealth at $19 billion.

Zuckerberg has been funneling some of fortune into philanthropy. Last year, he and his wife, Priscilla Chan, donated Facebook stock valued at $900 million to the Silicon Valley Community Foundation.


(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Most Watched Videos