Zuckerberg, Wife Donate $5 Million To Silicon Valley Hospital

EAST PALO ALTO (CBS/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. That’s not far from Facebook Inc.’s headquarters in Menlo Park.

Zuckerberg, Wife Donate $5 Million To Silicon Valley Hospital

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 This material may not be published, broadcast, rewritten or redistributed.

 

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