Giving it away: A look at past decade's $1 billion donations

Zuckerberg to Give Away Fortune

SAN FRANCISCO (AP) -- Mark Zuckerberg's pledge to give away Facebook stock worth $45 billion puts him at the forefront of a philanthropic class that has promised to donate most of their fortunes.

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The elite list includes three men -- Microsoft co-founder Bill Gates, stock market sage Warren Buffett and Oracle co-founder Larry Ellison -- who are wealthier than Zuckerberg, according to Forbes magazine's latest rankings.

That trio and Zuckerberg are among the 138 wealthy individuals and families who have signed a "giving pledge" committing them to give away most of their fortunes in an attempt to fix society's problems.

Zuckerberg, 31, and his wife Priscilla Chan, 30, waited until the birth of their first child, a girl named Max, to reveal their intention to give away all but 1 percent of the Facebook stock that accounts for most of their fortune.

Here's a look at the donations of at least $1 billion announced during the past decade, as tracked by the Chronicle of Philanthropy:

$1 billion donations in the last decade
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Giving it away: A look at past decade's $1 billion donations

Buffett pledged in 2006 to gradually give away all of his Berkshire Hathaway stock, which represented more than 99 percent of his roughly $44 billion fortune at the time. Buffett biggest donations are going to the Bill & Melinda Gates Foundation and four other foundations. The value of Buffett's gifts has grown with Berkshire's stock price.

Buffett increased his pledges to three foundations his children run in 2012.

(Photo by: David A. Grogan/CNBC/NBCU Photo Bank via Getty Images)

Leona Helmsley, who made her fortune in hotels and other real estate, donated an estimated $5.2 billion to charitable trust after her death in 2007.

(Photo by Richard Corkery/NY Daily News Archive via Getty Images)

Zuckerberg donated $1.5 billion to the Silicon Valley Community Foundation in 2012 and 2013.

(Photo credit MONEY SHARMA/AFP/Getty Images)

Hotelier Barron Hilton pledged to donate $1.2 billion to the Conrad N. Hilton Foundation in 2007.

(Photo by Jean Baptiste Lacroix/WireImage)

Former investment banker Peter Peterson donated $1 billion to a foundation bearing his name in 2008.

(Photographer: Scott Eells/Bloomberg via Getty Images)


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