News Zuckerberg's A Father, Says He's Giving Away His Wealth

Discussion in 'The Howard Stern Show' started by BethSucks, Dec 1, 2015.

  1. BethSucks

    BethSucks Well-Known Member Staff Member

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    Facebook CEO Mark Zuckerberg is a dad, and he's giving away most of his money
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    Dec. 1, 2015: Mark Zuckerberg and Priscilla Chan announce the birth of their daughter Max. (Courtesy of Mark Zuckerberg)

    SAN FRANCISCO – Talk about birth announcements: Facebook CEO Mark Zuckerberg and his wife said they'll devote nearly all their wealth — roughly $45 billion — to good works in celebration of their new baby daughter, Max.

    Zuckerberg's wife, Priscilla Chan, gave birth to a 7-pound, 8-ounce daughter last week. But the couple didn't put out the news until Tuesday, when Zuckerberg posted it 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 and "building strong communities." They are forming a new organization, called the Chan Zuckerberg Initiative, that will pursue those goals through a combination of charitable donations, private investment and promotion of government-policy reform.

    "Like all parents, we want you to grow up in a world better than ours today," the social media mogul and his wife wrote in a letter to their daughter, which they also posted on Facebook.

    In the letter, they described their goals as "advancing human potential and promoting equality" and added: "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."

    Zuckerberg promised to release more details in the future. But he said the couple will transfer most of their wealth to the initiative "during our lives." In a statement, Facebook described the initiative as not a foundation but "a limited liability company controlled by Mark and Priscilla."

    The Facebook co-founder and chief executive is one of the world's wealthiest men. He and Chan, a pediatrician, have previously donated large sums to public schools in Newark, New Jersey and the San Francisco Bay Area, along with the Zuckerberg San Francisco General Hospital, where Chan did her medical training.

    But Zuckerberg told the Associated Press in an interview last month that he has no plans to step down as CEO of Facebook. In a statement, the company also said the couple's plan to transfer their shares over time won't affect his status as controlling shareholder of the company.
     
  2. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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    I'm making meatloaf on Sunday
     
  3. BethSucks

    BethSucks Well-Known Member Staff Member

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    In other news Howard Stern's head exploded when reading this article.
     
  4. PI Nate

    PI Nate Disenfranchised since 1984... Gold

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    Do you put anything in yours?
     
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  5. 1Vegasgirl

    1Vegasgirl Well-Known Member VIP Gold

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    Is he the one who gave millions of dollars to the Detroit school system?
     
  6. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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    Lots of onions, bread crumbs, cocktail sauce
     
  7. PI Nate

    PI Nate Disenfranchised since 1984... Gold

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    I mean, like stuffed with cheese.
     
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  8. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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    No, I use the leftovers for sandwiches and I don't think a big pit of cheese in the middle would be good for that
     
  9. BethSucks

    BethSucks Well-Known Member Staff Member

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    Cocktail sauce? I like tomato sauce with Italian seasoning.
     
  10. suckemnuckledus

    suckemnuckledus Well-Known Member

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    Destruction of the Mission District in SF has been very productive. Dolores Park across from his SF douchebag hangout has also been fucked...Every weekend the park is full of shit head techies with no regard for others who leave nothing but trash behind. Thanks for nothing.....
     
  11. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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    My glaze is usually ketchup and horsey sauce. This just simplifies it
     
  12. PI Nate

    PI Nate Disenfranchised since 1984... Gold

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    :bigthink
     
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  13. Tipsey Russell

    Tipsey Russell VIP Extreme Gold

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    good for him
    I wish his family happiness and health
     
  14. JameGumb

    JameGumb We're all out of toner!

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    I wonder if he'll kick a little bit our way for the kitten house Robin.
     
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  15. JameGumb

    JameGumb We're all out of toner!

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    What about sprinkled cheese on top?
     
  16. JameGumb

    JameGumb We're all out of toner!

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    You can put cheese on literally anything. Along with bacon. Chrizas just trolling now.
     
  17. Tickle Shits

    Tickle Shits Special Needs Typist. Gold

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    hope he gives it away soon.. I can't imagine FB staying relevant much longer. 300 billion for an internet site.. is just silly
     
  18. Habsfan

    Habsfan Well-Known Member

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    STFU about nasty ass meat loaf.
     
  19. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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    I tried bacon on the top once

    It ended up taking the glaze off with it

    I was left with a bare meatloaf and really delicious bacon
     
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  20. Mark Mayonnaise

    Mark Mayonnaise You look like a tree! VIP

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    Could I put shredded cheese IN it you think? :bigthink
     
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