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YEREVAN, DECEMBER 2, ARMENPRESS. Facebook founder Mark Zuckerberg and his wife said they plan to donate 99pc of their shares in the social network to charity. As “Armenpress” reports, citing Telegraph website, the stock, which is worth around $45bn, will be given to causes that "advance human potential and promote equality for all children in the next generation", Zuckerberg said in an open letter on Tuesday night.
He plans to give away no more than $1bn a year for the next three years while holding on to majority voting rights in the social network. It came as the billionaire and his wife, Priscilla Chan, revealed that they have become parents for the first time following the birth of their daughter, Max.
"Priscilla and I are so happy to welcome our daughter Max into this world. For her birth, we wrote a letter to her about the world we hope she grows up in.
"It's a world where our generation can advance human potential and promote equality - by curing disease, personalizing learning, harnessing clean energy, connecting people, building strong communities, reducing poverty, providing equal rights and spreading understanding across nations.
"We are committed to doing our small part to help create this world for all children. We will give 99pc of our Facebook shares -- currently about $45bn - during our lives to join many others in improving this world for the next generation.
"Thank you to everyone in this community for all your love and support during the pregnancy. You've given us hope that together we can build this world for Max and all children."
The billionaire published a picture on Facebook of himself holding his daughter, Max, alongside wife Priscilla Chan, whom he married in 2012.
"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," he wrote.