Internet billionaire Pierre Omidyar has given away one-tenth of his holdings in eBay, a stock gift valued at nearly $270 million, according to EcommerceBytes. The Omidyar Group, which manages the philanthropic activity of the eBay co-founder and his wife, Pam, did not respond to requests for comment on what organizations or causes will benefit from last month’s gift.
The news site, which covers the online-auction industry, cites a regulatory filing this week by eBay disclosing the donation of 9.6 million shares on Aug. 13, a day when the firm’s stock closed at $27.99.
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