Zuckerberg Gives $100M to Newark Schools

Facebook founder Mark Zuckerberg is reportedly donating $100 million to Newark public schools.
Publish date:



) -- Mark Zuckerberg, the founder of


, has reportedly donated $100 million to Newark public schools.

The young billionaire is allegedly interested in improving public schools across the nation, starting with the troubled district of Newark, New Jersey.

Facebook founder Mark Zuckerburg

Zuckerberg, 26, is worth an estimated $6.9 billion. This year he was ranked No. 35 on Forbes 400 list of richest Americans.

An official announcement regarding the donation is expected on Friday, when Zuckerberg is scheduled to appear as a guest on

The Oprah Winfrey Show

. Newark Mayor Cory Booker and New Jersey Governor Chris Christie are also expected to appear on the show to discuss the contribution.

The donation, perhaps not coincidentally, comes on the same day of the premiere of

The Social Network

, a new movie about Facebook and its founder that may depict Zuckerberg in a poor light.

--Written by Theresa McCabe in Boston.

>To contact the writer of this article, click here:

Theresa McCabe


>To follow the writer on Twitter, go to



>To submit a news tip, send an email to:



Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.