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Mark Zuckerberg Donate 99% of its Shares of Facebook

At the exact moment that announced to the world the birth of her daughter,Mark Zuckerberg, a co-founder of Facebook, has pledged to donate  99% of its shares of social networking to a new foundation, Chan Zuckerberg Initiative, to improve the human potential and promoting equality among all children in the next generation.


“We will donate 99% of our shares of Facebook – currently worth about 45 billion dollars (42.500 million euros) – for our lives to advance this mission.We know this is a small contribution compared to all the resources and talents that are already working on these issues, “wrote Zuckerberg and his wife Priscilla Chan, in a letter to the daughter and published on Facebook.

Here is the Facebook link of letter..


“In the coming months, once we’re adapted to our new and familiar rhythm back to work after our paternity and maternity leave, we will share more details. Realized we have many questions about why and how we are doing this, “reads the letter yet.

At the end of the letter, Zuckerberg said that will continue to be chief executive of Facebook “for many, many years.” “But these issues are too important to wait until we are old.”


Shortly after the announcement  Zuckerberg, Facebook sent a statement to the markets in which specifies that its president “does not plan to sell or give away more than 1000 million (EUR 945 million) in shares in each of the next three years “and Zuckerberg” wants to maintain its majority in the foreseeable future. “

In the long letter (2234 words or 13000 characters), Mark Zuckerberg and his wife begin by saying that the birth of daughter is an opportunity to reflect on the “world we live in.” “Like all parents, we want Crescas in a better world than ours,” writes the billionaire couple.

While arguing that “in many ways, the world is better” – “health is improving, poverty is shrinking, knowledge is growing” – the Zuckerberg-Chan couple believes that not always the resources are being directed to attack the next generation of large problems.


“Currently, most people die of five things – heart attack, cancer, stroke, neurodegenerative diseases and infectious diseases – and we can make faster progress [to resolve] these and other problems,” reads the letter where Zuckerberg and Chan explained that the foundation is going to focus on two main objectives: “improving human potential and to promote equality”.

Leaving the air questions like “is that our generation can eliminate the disease?” or “? our generation can eliminate poverty and hunger,” Zuckerberg returns to a topic that is very dear: the Internet. “Many of the great opportunities of your generation will come from everyone having access to the Internet,”  says the letter written to the daughter, regretting that currently “half the world’s population – about four billion people – do not already have” access to Internet “.

Throughout the letter, the co-founder of Facebook speaks of various objectives, such as personalized teaching, curing diseases, the Internet connection and the strengthening of ties of communities, issues which, incidentally, sees interconnected.

“By partnering with schools, health centers, parents’ associations and local governments, and ensuring that all children are well fed and treated from small, we can begin to address these inequalities as something interconnected,” writes Zuckerberg, who However, no details given about this foundation act on the ground.

Mark Zuckerberg, 31, and his wife had already allocated 1600 million (EUR 1500 million) to philanthropic actions, tells Reuters, noting that this year has made several donations, including public schools, and helped to improve Internet access in San Francisco Hospital, where Chan works as a pediatrician.

At 26, Zuckerberg signed the Giving Pledge, a document in which some of the richest families and individuals in the world have pledged to give over half of their fortunes to philanthropic or charitable causes during his lifetime or in your will.

Mark Zuckerberg now follows the path of Bill Gates. “As a child, Bill Gates was my hero,” already I had one day confessed the face of Facebook, as recalls now the AFP.

Launched in 1994 by Bill Gates, the richest man in the world according to the magazine Forbes (79,900 million dollars), the Bill & Melinda Gates Foundation has invested in health and development in poor countries and education in the United States.

The Gates Foundation has become a giant of charity in 2006 when billionaire Warren Buffett, the third richest man in the world in 2015 (64,100 million) promised to donate the bulk of his fortune.

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