Business & Finance
Zuckerberg and Chan Promise to Donate 99% of Meta Shares in Letter to Daughter
In 2015, Mark Zuckerberg and Priscilla Chan wrote an open letter to their eldest daughter, Maxima, in which they pledged to donate 99% of their Meta (then Facebook) shares, valued at about $45 billion, to advance a better world for future generations. The letter outlined their commitment to cure diseases, improve education, expand internet access, and promote equality. They emphasized long‑term investments, personalized learning, and building healthy communities as key strategies. The couple also announced the creation of the Chan Zuckerberg Initiative, focusing on personalized learning, disease cure, connectivity, and community building. They stated they would continue to serve as Facebook’s CEO while working on these philanthropic goals. The letter expresses love for their daughter and a responsibility to leave a better world for all children.
Frequently asked questions
What percentage of Meta shares did Zuckerberg and Chan pledge to donate?
They pledged 99% of their Meta shares.
What is the name of the initiative launched by Zuckerberg and Chan?
The Chan Zuckerberg Initiative.