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      Facebook CEO Mark Zuckerberg donates $120 million

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      Published Jun 2, 2014

      Facebook CEO Mark Zuckerberg donates $120 million

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      "Education is incredibly expensive and this is a drop in the bucket."

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      Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, are donating $120 million to the San Francisco Bay Area's public school system.

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      The couple's gift will be spread over the next five years and is the biggest allocation to date of the $1.1 billion in Facebook stock the couple pledged last year to the nonprofit Silicon Valley Community Foundation.

      Article Last updated: June 1, 2014

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