Thursday 20 June 2024

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Infrastructure | InfoTech

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

 

Chief 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. CLICK TO READ MORE


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