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Facebook’s Zuckerberg to give 99% of shares to charity

December 1, 201532 CommentsDaily NewsBy wp-admin

hief executive officer Mark Zuckerberg and his wife said on Tuesday they will give away 99 per cent of their Facebook shares, currently worth about $45 billion, to a new charity in a letter addressed to their daughter, Max, who was born last week.

The plan mirrors a move by other high-profile billionaires like Warren Buffett and Bill and Melinda Gates, who have pledged and set up foundations to give away their fortunes to charity.

On his Facebook page, Zuckerberg posted a photo of himself, his wife, Priscilla Chan and their new daughter, Max, along with a post entitled ‘A letter to our daughter.’

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