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Zuckerberg & wife to donate 99% of Facebook shares to charity


Facebook CEO Mark Zuckerberg and his wife Priscilla Chan were blessed with a baby girl about a week ago. The couple named their bundle of joy as Maxima. The billionaire facebook founder announced the birth of his child with a Facebook post on Tuesday afternoon and also announced the creation of the Chan Zuckerberg Initiative, and pledged to donate 99% of their shares in the company to the charity, which are currently worth $45 billion.

“We are committed to doing our small part to help create this world for all children. We will give 99 per cent of our Facebook shares — currently about USD 45 billion — during our lives to join many others in improving this world for the next generation," the letter read. “Priscilla and I are so happy to welcome our daughter Max into this world! For her birth, we wrote a letter to her about the world we hope she grows up in," he said.

The Facebook CEO also said that he and Priscilla were committed to spending their lives doing their small part to help solve various challenges in the society. Zuckerberg said that he wanted to join people from across the world to promote equality for all children in the next generation. “It's a world where our generation can advance human potential and promote equality, by curing disease, personalising learning, harnessing clean energy, connecting people, building strong communities, reducing poverty, providing equal rights and spreading understanding across nations," he said in his post.

“Our hopes for your generation focus on two ideas: advancing human potential and promoting equality. Advancing human potential is about pushing the boundaries on how great a human life can be," he added.

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