Facebook CEO Mark Zuckerberg and his wife Priscilla Chan celebrated the birth of their baby daughter Max on Facebook on December 1st.
The couple also announced that they will give away 99% of their Facebook shares in their lifetime,currently about 45 billion dollars, to a philanthropic foundation.
The organization “Chan Zuckerburg Initiative” was founded by the couple to advance human potential and promote equality.
While some critics have claimed his new charitable endeavor is an elaborate scheme to avoid paying tax, the plan has so far attracted more than 570,000 likes on facebook, including from former California Governor Arnold Schwarzenegger and Melinda Gates, wife of Microsoft founder Bill Gates.
In the letter to his baby, he says,
“Dear Max, Like all parents, we want you to grow up in a world better than ours today.Technological progress in every field means your life should be dramatically better than ours today.We will do our part to make this happen, not only because we love you, but also because we have a moral responsibility to all children in the next generation.”