Facebook's Zuckerberg pledges to give 99% of shares to charity
A new organisation, the Chan Zuckerberg Initiative, will manage the money
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
