Mark Zuckerber has become a father to his baby daughter Maxima,
Mark Zuckerberg has vowed to make a world a better place for his daughter and other children. He plans to do this by giving away his fortune.
Yes, Zuckerberg plans to give away 99% of his Facebook shares worth $45 billion to make the world a healthy and happy place. In a letter which he wrote to his daughter which can be read here. He said
Max, we love you and feel a great responsibility to leave the world a better place for you and all children. We wish you a life filled with the same love, hope and joy you give us. We can’t wait to see what you bring to this world
The Zuckerbergs then said
Our initial areas of focus will be personalized learning, curing disease, connecting people and building strong communities,
Mark is 31 while is wife is 30, they’re different from previous generations of business tycoons who instead of hoarding wealth are eager to spend it in philanthropy. The Zuckerbergs have previously spent $100 million to improve public schools in Newark
Michael Bloomberg a business tycoon, philanthropist and former mayor of New York has said
My hat’s off to Mark Zuckerberg for making a decision he’ll never regret and making a difference he’ll forever be remembered for,
The traditional approach to giving — leaving it to old age or death — is falling by the wayside, as it should. Mark’s decision shows that when it comes to philanthropy, 30 is the new 70.
The Zuckerbergs further wrote in the letter
We must build technology to make change. Many institutions invest money in these challenges, but most progress comes from productivity gains through innovation,
We must participate in policy and advocacy to shape debates. Many institutions are unwilling to do this, but progress must be supported by movements to be sustainable.
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