Zuck Gives $500 Million in Facebook Stock to Charity

Mark Zuckerberg announced his and wife Priscilla's second major charitable contribution to date -- a gift of 18 million Facebook shares to the Silicon Valley Community Foundation. The gift was announced, not surprisingly, by a post on Zuckerberg's timeline Tuesday evening.

Facebook shares are currently valued at $27.71 each, so the 18 million share gift is valued at $499 million.

The Facebook founder signed The Giving Pledge in 2010, a commitment to donate the majority of his wealth to charity during his lifetime. A few months prior, he gave a $100 million gift to the Newark City Public School System. That time around, however, he made the announcement on Oprah.

"I'm really prou…
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