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Local Tech Titans Donate Millions in 2012

One Redwood City company made the top 10 list - find out who that was, plus which other Bay Area moguls were generous in 2012.


Facebook Founder and CEO Mark Zuckerberg made a splash in December when he gave a half-billion dollars worth of stock to the Silicon Valley Community Foundation (the exact figure is $498.8 million).

But did you hear about Larry Page? The co-founder of Google also gave away an astounding amount of stock last year, valued at $185.6 million.

Redwood City company Oracle's CEO, Larry Ellison, was also a generous guy in 2012, giving away a whopping $45.4 million.

Compiled by Equilar and reported this week by The Wall Street Journal, the following list names the Top 10 most generous tech moguls in terms of total donations made to charitable and nonprofit causes in 2012. Most of the donors who made the list live on the Peninsula.

All told, the top 10 givers donated just under $1.5 billion worth of stock to charity in 2012. All declined comment.

Here’s the Top 10:

1 Mark Zuckerberg, Facebook, $498.8 mil
2 Pierre Omidyar, eBay, $441.3 mil
3 Sergey Brin, Google, $222.9 mil
4 Larry Page, Google, $185.6 mil
5 Larry Ellison, Oracle, $45.4 mil
6 Kavitark Ram Shriram, Google, $25 mil
7 Craig Ramsey, Guidewire and Salesforce, $22.2 mil
8 Sheryl Sandberg, Facebook, $9.9 mil
9 Lonnie Smith, Intuitive Surgical, $7.1 mil
10 Charles Liang, Super Micro Computer, $5.2 mil

What do you think of these executives' charitable donations? Tell us in the comments.

 

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Erin January 08, 2013 at 09:49 PM
How does this rank as a percentage of their net worth? A much more interesting view.
Jennifer van der Kleut January 08, 2013 at 09:57 PM
Good point, Erin, I was curious about that myself, especially with the size of Zuckerberg's donation...sheesh, how much can the company be worth if they can afford to give away half a billion and not make too big of a dent, right? Unfortunately Equilar did not include that information.
TGD January 08, 2013 at 11:01 PM
Although I believe many donate to honestly aid those in need, I also believe many probably do so for financial reasons i.e. taxes(I hope I'm wrong). Is there any information as to which charities were recipients?

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