• new sunglass hut banner
  • Mark Zuckerberg announces he will give 99% of his Facebook shares to charity
    Posted by on Dec 2nd, 2015

    Nothing like a new baby to make you re-evaluate the important things in life hey. Facebook founder, Mark Zuckerberg and his wife just had a baby and in an open letter to their new daughter he has pledged to donate 99% of his Facebook shares to charity. Shares currently worth around a staggering $45 billion…or roughly R650 billion.

    zuckerberg letter to max

    Zuckerberg posted the letter to his Facebook page. It’s quite long so i’m not gonna post the whole thing, but here are parts of it.

    “Dear Max,

    Your mother and I don’t yet have the words to describe the hope you give us for the future. Your new life is full of promise, and we hope you will be happy and healthy so you can explore it fully. You’ve already given us a reason to reflect on the world we hope you live in.
    Like all parents, we want you to grow up in a world better than ours today.”

    “This mission — advancing human potential and promoting equality — will require a new approach for all working towards these goals.
    We must make long term investments over 25, 50 or even 100 years. The greatest challenges require very long time horizons and cannot be solved by short term thinking.
    We must engage directly with the people we serve. We can’t empower people if we don’t understand the needs and desires of their communities.
    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.
    We must back the strongest and most independent leaders in each field. Partnering with experts is more effective for the mission than trying to lead efforts ourselves.
    We must take risks today to learn lessons for tomorrow. We’re early in our learning and many things we try won’t work, but we’ll listen and learn and keep improving.”

    “We will give 99% of our Facebook shares — currently about $45 billion — during our lives to advance this mission. We know this is a small contribution compared to all the resources and talents of those already working on these issues. But we want to do what we can, working alongside many others. “

    You can read the full letter HERE.

    Take notes people…that is how you do humanity.

    No Comments have been left.

    Be the first to leave a comment.

    Leave a comment