Zuckerbergs Welcome Daughter Named Max — Vow To Give Away Billions
Facebook Inc Chief Executive Mark Zuckerberg said his wife Priscilla Chan has given birth to their first child, a daughter, on Tuesday.
“Priscilla and I are so happy to welcome our daughter Max into this world,” Zuckerberg said in a Facebook post.
Zuckerberg and his wife also said they plan to give away 99 percent of their fortune in Facebook stock to a new charity the couple were creating.
In making the announcement, Zuckerberg said he had told the company that he would be selling or gifting up to $1 billion of his stock for each of the next three years. At current market prices, his shares in the company are now worth roughly $45 billion.
He said he would maintain voting control for the “foreseeable future.”
A message from our CEO & publisher Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.
We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.
If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.
— Rachel Fishman Feddersen, Publisher and CEO
