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Zuckerberg Vows to Daughter He will Donate 99 percent of His Facebook Shares

Source : The New York Times   On   02 Dec 2015
Home   >   All Articles  >   Zuckerberg Vows to Daughter He will Donate 99 percent of His Facebook Shares
 
 
 
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Mark Zuckerberg, the Co-Founder and CEO of Facebook, reported on Tuesday that he and his wife would give 99 percent of their Facebook shares "amid our lives" — property as of now worth more than $45 billion — to magnanimous purposes. 

The promise was made in an open letter to their infant little girl, Max, who was conceived around a week back. 

Mr. Zuckerberg and his wife, Dr. Priscilla Chan, said they were shaping another association, the Chan Zuckerberg Initiative, to deal with the cash, through an abnormal restricted risk corporate structure. "Our starting regions of center will be customized learning, curing sickness, associating individuals and building solid groups," they compo