Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Zuckerberg Pledges $120 Million to San Francisco Area Schools

Mark Zuckerberg
Facebook Inc. Chief Executive Officer Mark Zuckerberg. Photographer: Andrew Harrer/Bloomberg

Facebook Inc. Chief Executive Officer Mark Zuckerberg is pledging $120 million to improve education in underserved communities in the San Francisco area over the next five years.

The donation will be used to “give educators the resources to innovate in the classroom and support students” in school districts in areas such as East Palo Alto, Zuckerberg said in an op-ed published yesterday in the San Jose Mercury News. The article was written with his wife, Priscilla Chan, a pediatrician.

The money will be spent through the Startup:Education fund, which Zuckerberg and Chan founded in 2010 when he pledged $100 million over five years to help improve public schools in Newark, New Jersey. That effort has met with criticism for a lack of results.

Zuckerberg’s fortune is valued at $28.6 billion, making him the 22nd richest man in the world, according to the Bloomberg Billionaires Index. Facebook, the world’s largest social network, fell 1.6 percent to $62.82 at 1:10 p.m. in New York trading.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.