Zuckerberg and Chan Pledge Billions to Charity in Love Letter to Baby

Facebook CEO Mark Zuckerberg and wife Priscilla Chan on Tuesday posted an open letter to their new baby daughter, Max, explaining why they plan to give away 99 percent of their Facebook shares — worth about $45 billion currently — to philanthropic causes. The couple intend to make the donations gradually over the course of their lives. “Technological progress in every field means your life should be dramatically better than ours today,” they wrote. “We will do our part to make this happen … .”

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