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Wednesday, December 2, 2015

Mark Zuckerberg Commits to Donating 99 Percent of Facebook Shares to Charity


Who knew that becoming a parent could put someone in a charitable spirit.

Mark Zuckerberg announced the birth of his daughter on Tuesday, December 1 via Facebook in an open letter to her. His wife gave birth to the new addition to their family, Max, who weighed in at seven pounds and eight ounces.
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In the letter, he wrote how much disease has affected society and his hope to change that would be to advance human potential and promote equality.

"Advancing human potential is about pushing the boundaries on how great a human life can be," he said. "Promoting equality is about making sure everyone has access to these opportunities- regardless of the nation, families or circumstances they are born into."

Zuckerberg said that he and his wife, Dr. Priscilla Chan, will commit to donating 99 percent of their Facebook shares, valued at over $45 billion, throughout their lives. They are creating the Chan Zuckerberg Initiative where the "initial areas of focus will be personalized learning, curing disease, connecting people and building strong communities."

The Facebook co-founder said that they will share more details in the coming months after they return from their maternity and paternity leaves.


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