Mark Zuckerberg has pledged to give away 99 per cent of his Facebook shares — worth about $45bn — during his lifetime, as he announced the birth of his first child.
The Facebook founder and president said he and his wife, Priscilla Chan, were happy to welcome a daughter called Max, born early last week, into the world. “We are committed to doing our small part to help create this world we hope she grows up in,” he wrote in a post on the social network.
He launched the Chan Zuckerberg initiative, a limited liability company controlled by the couple, with a stated mission to advance human potential and promote equality.
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