The Traderszone Network

Published in TZ Latest News 1 December, 2015 by The TZ Newswire Staff

Facebook’s CEO and wife to give 99 percent of shares to couple’s foundation

Mark Zuckerberg will put 99 percent of his Facebook Inc (FB.O) shares, currently worth about $45 billion, into a new philanthropy project focusing on human potential and equality, he and his wife said Tuesday in a letter to their newborn daughter. The plan, which was posted on the Facebook founder and chief executive officer’s page and has attracted more than 360,000 ‘likes’, follows other high-profile billionaires such as Warren Buffett and Bill and Melinda Gates, who have set up foundations to dedicate their massive fortunes to philanthropic endeavors.

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