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Recode Daily

Zuckerberg’s $100 million gift to Newark 10 years later

Recode Daily

Recode

Society & Culture, Science, Technology

4.61.3K Ratings

🗓️ 23 September 2020

⏱️ 11 minutes

🧾️ Download transcript

Summary

In the fall of 2010, Facebook CEO Mark Zuckerberg announced his first major philanthropic gift on the Oprah Winfrey Show. Vox Senior Correspondent Dylan Matthews explains how it was received and how the public’s opinion on billionaire gifts has shifted. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:33.8

Almost exactly 10 years ago, September 24th, 2010, Facebook CEO Mark Zuckerberg

0:48.8

went on the Oprah Winfrey show. Republican Governor Chris Christie, Democratic Mayor of Newark, Corey Booker, and the founder of

0:56.4

Facebook, Mark Zuckerberg, are putting politics aside to help turn around the failing public schools in Newark, New Jersey.

1:05.0

This is the first time...

1:06.0

Zuckerberg announced he'd be donating a hundred million dollars of his fortune to public schools in Newark, New Jersey.

1:12.0

But 10 years later, the story of this generous donation feels a little bit different

1:16.8

than it came across on that television set in September.

1:20.9

Dylan Matthews is a senior correspondent for Vox.com.

1:23.4

Hey Dylan.

1:24.4

Hey, Teddy.

1:25.4

So you wrote a story about the Zuckerberg gift last year and I want you to take us back to 2010.

1:30.9

Zuckerberg goes on Oprah.

1:33.0

Tell me, like, what was the reaction like to this gift when it was announced?

...

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