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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMark Zuckerberg and his wife welcome baby girl into a flawed world - Huge Charity Donation
Zuckerberg also took the opportunity to announce the Chan Zuckerberg Initiative, a nonprofit that will look "to join people across the world to advance human potential and promote equality for all children in the next generation. Our initial areas of focus will be personalized learning, curing disease, connecting people and building strong communities."
Zuckerberg had already signed a pledge to The Giving Pledge, a promise signed by wealthy individuals to donate most of their fortune. He said that the couple would be donating 99% of their Facebook shares to the cause, currently worth around $45 billion.
The happy couple also released a video about the excitement for the baby and why they started the Chan Zuckerberg Initiative.
Andrew Carnegie did the same thing
Zuckerberg had already signed a pledge to The Giving Pledge, a promise signed by wealthy individuals to donate most of their fortune. He said that the couple would be donating 99% of their Facebook shares to the cause, currently worth around $45 billion.
The happy couple also released a video about the excitement for the baby and why they started the Chan Zuckerberg Initiative.
Andrew Carnegie did the same thing
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Mark Zuckerberg and his wife welcome baby girl into a flawed world - Huge Charity Donation (Original Post)
Feeling the Bern
Dec 2015
OP
darkangel218
(13,985 posts)1. That is really noble of them.
applegrove
(118,622 posts)2. They'll have a much richer life for traveling the world,
meeting people to look into problems, and then sharing those solutions with the world.
Generic Other
(28,979 posts)3. He is truly the 1%
I heard he plans on giving 99% away and keeping 1% for himself. Clearly, a significant symbolic gesture. Maybe he will shame some of the others into following suit.
Logical
(22,457 posts)4. This is a really big deal. Him and Bill Gates deserve credit. Nt
bigdarryl
(13,190 posts)5. Isn't this just a big tax write off for them