Zuckerberg to donate 99 percent of fortune post daughter's birth

Mark Zuckerberg, the founder of Facebook and his wife Priscilla, who were blessed with a baby girl recently, announced that they will donate 99 per cent of their fortune to charity to celebrate their child's birth.

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The couple has also announced that they will give away 99 per cent of their Facebook stocks which are worth 45 billion US dollars, reports News.com.au.

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In the post on Facebook, the billionaire couple said the donation would be made to the Chan Zuckerberg Initiative during their lifetime.

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The post read, "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."

 

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Zuckerberg last month said he would be taking two months off after his daughter's birth.