Bill Gates is investing more than $1 billion in public schools - Business Insider:
"...In 2010, Mark Zuckerberg donated $100 million to Newark, New Jersey's failing public-school system with the intention of turning around the schools in five years.
The goals Zuckerberg set out to achieve — to enact a number of reforms that would make Newark a model city for education reform — were largely panned, and multiple sources tore into Newark Public Schools for squandering his money and not delivering on any of the goals it set out to achieve..."
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