Zuckerberg-Chan to Give Away 99% of Facebook Shares to “Advance Human Potential and Promote Equality for All Children in the Next Generation”
December 1st, 2015Via: USA Today:
Mark Zuckerberg and Dr. Priscilla Chan celebrated the birth of a baby girl with the stunning announcement they plan to give away most of their fortune through a new initiative to “advance human potential and promote equality for all children in the next generation.”
The billionaire Facebook founder and chief executive and his physician wife pledged to give away 99% of their Facebook shares in their lifetime, currently worth about $45 billion. They made the announcement in a letter to their newborn daughter Max posted on Facebook on Tuesday, the national day of giving known as #GivingTuesday. Max was born “early the week of Thanksgiving,” Facebook said.
“Our initial areas of focus will be personalized learning, curing disease, connecting people and building strong communities,” Zuckerberg and Chan wrote to their daughter. “We know this is a small contribution compared to all the resources and talents of those already working on these issues. But we want to do what we can, working alongside many others.”
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Full Text of Zuckerberg Letter
