Community Chat

[NoelSeven]

Facebook CEO Mark Zuckerberg just had a baby girl named Max, and to honor the occasion he's giving away a massive portion of his wealth.

The CEO took to the social network to announce both the birth of his first child and the formation of the Chan Zuckerberg Initiative, which he said will "join people across the world to advance human potential and promote equality for all children in the next generation."

"Our initial areas of focus will be personalized learning, curing disease, connecting people and building strong communities," he wrote.
Zuckerberg will donate nearly all of his Facebook stock to the cause.

Bless them...

[NoelSeven]

At the moment, his stock is worth $45 billion.

[MyGirlsMom]

MARVELOUS! 

[NoelSeven]

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@MyGirlsMom wrote:

MARVELOUS! 

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This is such good news, it makes me cry.

It's Giving Tuesday, folks.  Getting away from buying, Black Friday, Cyber Monday.  A day to give to others.

[chickenbutt]

Awesome, just awesome!  

[deepwaterdotter]

A nice picture of a happy family at peace with their choices.

[esmeraldagooch]

Tax advantage for his heirs?   Your wording is different than his.

We will give 99% of our Facebook shares — currently about $45 billion — during our lives to advance this mission.

[Puzzle Piece]

Interesting.   Wonder who will get the bulk of his give away.  It kinda hits me sideways.  Something is up.

[MyGirlsMom]

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@esmeraldagooch wrote:

Tax advantage for his heirs?   Your wording is different than his.

We will give 99% of our Facebook shares — currently about $45 billion — during our lives to advance this mission.

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Yes @esmeraldagooch during their lives.  What did you expect, something beyond the grave.? His heirs will do as they wish or whatever his and his wife's Trust dictates. 

Have a nice day.