Category: News

Zuckerberg to give away 99% of his fortune, or about $45 billion, to new charity

The story behind the story: Zuckerberg and Chan aren’t the first tech titans to announce they’ll donate the bulk of their fortunes to charity. Bill and Melinda Gates established an eponymous foundation designed to stamp out many first- and third-world problems, including poverty and shortfalls in education. Others—including AOL founder Steve Case, Intel co-founder Gordon Moore, and Russian VC Yuri Milner—have signed the Giving Pledge, which calls for those who’ve signed in to give at least half their wealth to charitable causes either during their lives or after deaths.