Zuckerberg to give away $45 billion in shares over his lifetime, yet will hold control of Facebook. Also announces birth of daughter.
A few weeks before Max’s birth, Priscilla and Mark took a morning to reflect and record their hopes for their daughter and all children of her generation.
Facebook CEO Mark Zuckerberg announced two noteworthy things today.
The most astounding is that he will give away 99% of his Facebook shares — worth $45 billion today — through the span of his lifetime.
In more expected news, he additionally said, in a Facebook post, that his wife, Priscilla Chan, has given the birth of their daughter Max on Tuesday in a long and wholehearted note on Facebook.
“We are dedicated on doing our little part to make this world for all youngsters,” Zuckerberg said in the post. “We will give 99% of our Facebook shares — currently about $45 billion — amid our lives to join numerous others in enhancing this world for the next generation.”
In spite of the fact that Zuckerberg didn’t stated where the money will go, he did point out a various regions of interest including: “curing illness, personalizing learning, reducing poverty, harnessing clean energy, building strong communities, connecting people, providing equal rights and spreading understanding across nations.”
He and Chan also wrote a letter to their daughter, welcoming her to the world and laying out the type of change he hopes to see take place during her lifetime:
“Like all parents, we want you to grow up in a world better than ours today,” the two wrote.
Read the heartfelt letter to Max below: