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Mark Zuckerberg Announces $100 Million Donation to Newark Schools on Oprah

Posted by Brian Krassenstein on Sep 23rd, 2010 and filed under Featured News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Mark Zuckerberg Newark

Zuckerberg Has Donated $100 Million to Newark Schools

The Facebook founder who is only 25 years old, is certainly getting started at an early age in giving back to people in need. Mark Zuckerberg who is appearing on the Oprah Winfrey Show this afternoon has announced that he has donated $100 million to the Newark New Jersey public school system.

The 25 year old entrepreneur has been getting a lot of press lately. Most recently he was ranked #35 on the Forbes 400 list, with a net worth of approximately $6.9 billion. In addition, he is also the subject of a new movie, “The Social Network,” which depicts the rise to fame that Zuckerberg has taken over the last few years.

On the Oprah Winfrey show today Mark Zuckerberg will be joined by New Jersey Governor Chris Christie and Newark Mayor Cory Booker to outline the plan they have for the use of the $100 million gift by the internet entrepreneur, to hopefully fix the dismal performance of the Newark School district.

The Newark Public schools have been struggling for years. 15 years ago the state took over the school system because of the consistently poor test scores of students. The school system has approximately 45,000 students enrolled in it, and is the largest school district in the state of New Jersey. The city has been known for it’s above average crime rates, poor education, and high unemployment rates. $100 million should go a long way to get the school system back on track, but many people question if it is enough for a long term sustainable education environment in the city.

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