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Business & Tech

Palo Alto Tech Titans in Top 5 Biggest Givers of 2012

Just two Palo Alto residents gave a staggering $684.4 million worth of stock.


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.

They were in the Top 5 of a list of most generous stock gifts made by Tech Moguls in 2012. The figures were compiled by Equilar and reported this week by The Wall Street Journal.

In fact, most of the donors who made the list live on the Peninsula.

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Google’s Sergey Brin’s donation was worth $222.9 million, Oracle’s Larry Ellison’s gift was worth $45.4 million, while eBay founder and noted philanthropist Pierre Omidyar donated $441.3 million worth of eBay stock.  

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

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Here’s the Top 10:

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

 

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