Mark Zuckerberg and Priscilla Chan’s school is the latest billionaire education experiment to collapse

# Billionaire-Funded School Experiment Closes After a Decade Mark Zuckerberg and his wife's free private school in California is shutting down after nine years, marking another failed attempt by wealthy philanthropists to overhaul education on their own. Instead of continuing the school, they're redirecting $50 million toward education savings accounts and family services in the surrounding communities, essentially admitting that a single school model couldn't solve the broader problems they were trying to address. The closure suggests that even with unlimited resources and good intentions, fixing education requires systemic changes that go beyond what one family or institution can accomplish alone.