TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Zuckerberg is a dad, and he's giving away most of his money

In this undated photo provided by Mark Zuckerberg, Max Chan Zuckerberg is held by her parents, Mark Zuckerberg and Priscilla Chan Zuckerberg

Brandon Bailey (The Jakarta Post)
San Francisco
Wed, December 2, 2015

Share This Article

Change Size

Zuckerberg is a dad, and he's giving away most of his money In this undated photo provided by Mark Zuckerberg, Max Chan Zuckerberg is held by her parents, Mark Zuckerberg and Priscilla Chan Zuckerberg. (Mark Zuckerberg via AP) (Mark Zuckerberg via AP)

I

span class="inline inline-center">In this undated photo provided by Mark Zuckerberg, Max Chan Zuckerberg is held by her parents, Mark Zuckerberg and Priscilla Chan Zuckerberg. (Mark Zuckerberg via AP)

Facebook CEO Mark Zuckerberg and his wife announced the birth of their daughter Max as well as plans to donate most of their wealth, or roughly $45 billion, to a new organization that will tackle a broad range of the world's ills.

Zuckerberg's wife, Priscilla Chan, gave birth last week to a baby girl. The couple didn't put out the news until Zuckerberg posted it Tuesday on '€” of course '€” Facebook.

In the same post, Zuckerberg said he and Chan will commit 99 percent of their Facebook stock to such causes as fighting disease, improving education, harnessing clean energy, reducing poverty and promoting equal rights. They are forming a new organization, called the Chan Zuckerberg Initiative, to pursue those goals. (kes)(+)

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.