Mark Zuckerberg, the billionaire founder of Facebook revealed his $100 million gift to Newark’s public school in New Jersey.
His announcement came when he visited the Oprah Winfrey Show on Friday. Zuckerberg denied the issue about his intention to divert the people’s attention regarding a film that involves his character in an unfavorable spotlight.
According to him, after all the opportunities he had in life and even studied from decent schools, he wanted to share to other people the same opportunities he had. He told Oprah that he desired to help the city that once failed because of many crimes and corruptions.
Zuckerberg stated that he decided to help Newark even if he is not familiar with it because he was enthusiastic about the plans of Newark Mayor Cory Booker. His grant carries out both two of the rising political stars of the Garden State from contrasting side of politics.
Booker, a young democrat is a former scholar in Rhodes and a graduate of Yale Law School whose first attempt in running for mayor was highlighted in “Street Fight”, a nominated documentary in Oscars.
The donation fund of the young billionaire is the Startup: Education foundation that will distribute the money. He added that his goal is to help more charity endeavors in the future.
One of the worst school systems in New Jersey is the 40,000 students of Newark, and only 40% of Newark’s students can read and write after completing grade three. Although the state handled most of the schools here in mid of 1990, still the hope for development did not materialized.
Mark Zuckerberg stated that the $100 million gift will be coming from the sales of shares of Facebook, the number one Internet social network worldwide and Newark will be receiving the money for the next five years.



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