May 02, 2024 19:12 (IST)
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Facebook COO donates 31m USD in FB Stock to charity
California, Jan 16 (IBNS) Days after Mark Zuckerberg pledged to donate 99 per cent of his company shares to charity, another Facebook top-gun followed the same path as COO Sheryl Sandberg donated an estimated 31 Million USD in FB stock to charity recently.
According to sources, the 46-year old donated 290,000 Facebook shares to various charities, the value of which is estimated to be around 31 million USD.
The shares are presently with Sheryl Sandberg Philanthropy Fund, a donor-advised fund, techworm reported.
Reports also states that Sandberg signed The Giving Pledge in 2014, where wealthy people give away their wealth to charities.
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