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Facebook's Zuckerberg pledges to give 99% of shares to charity

A new organisation, the Chan Zuckerberg Initiative, will manage the money

Published Wed, Dec 2, 2015 · 09:50 PM

San Francisco

MARK Zuckerberg, the co-founder and chief executive of Facebook, announced on Tuesday that he and his wife would give 99 per cent of their Facebook shares "during our lives" - holdings currently worth more than US$45 billion - to charitable purposes.

The pledge was made in an open letter to their newborn daughter, Max, who was born about a week ago.

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Mark Zuckerberg

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Lifestyle

Lifestyle

Facebook's Zuckerberg pledges to give 99% of shares to charity

KEYWORDS IN THIS ARTICLE

Lifestyle

Former Zouk morphs into mod-Asian Jiak Kim House, serving laksa pasta and mushroom bak kut teh

Massimo Bottura lends star power to pizza and pasta at Torno Subito

Victor Liong pairs Aussie and Asian food with mixed results at Artyzen’s Quenino restaurant

If Jay Chou likes Ju Xing’s zi char, you might too

Mod-Sin cooking izakaya style at Focal

What the fish? Diving for flavour at Fysh – Aussie chef Josh Niland’s Singapore debut

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