02/01/2012 04:44 pm ET

The Facebook Effect: Will Charities Reap Some Of The IPO Dough?

What will a new generation of Facebook millionaires do with their wealth?

It’s a good bet that many will splurge on a fancy new car, purchase a new home or perhaps even plan a trip to space. But it's also likely that they’ll be giving some of it away to charity.

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