Mark Zuckerberg the 26 year old Chief Executive Officer of Facebook has signed the Charitable Giving Pledge proposed by Bill Gates and Warren Buffet for multi millionaires and billionaires to give away half or more of their wealth to charity. He is estimated to be worth $7 Billion dollars although the vast majority of that is in Facebook.com stock which is not publicly traded. Mark said that "People typically wait until late in their career to give back but why wait when there is so much to be done".
As the San Jose Business Journal reported December 9 2010 he joined other very wealthy people who have recently joined in the Charitable Pledge. Some of these people include former AOL chair Steven Case, Junk Bond investor Michael Milken, Mayor Michael Bloomberg, movie producer George Lucas, Oracle Co Founder and CEO Larry Ellison worth $27B as of 2010 and private equity investor and corporate raider Carl Icahn.