Facebook founder gives away almost all of his fortune…. but not to his newborn baby! 70



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Remember that feeling when you first held your baby that you wanted to change the world? You wanted to make it safer, better, as close to perfect as you could get it so your little one would grow up without worries or fear.

Well, a little girl named Max has just had that promise made to him by her parents.

The things is, Max’s dad is Mark Zuckerberg, aka Mr Facebook. And her dad has just pledged to give away 99 per cent of her shares the company’s stock, which is currently estimated at $US 45 billion.

Priscilla and I are so happy to welcome our daughter Max into this world!For her birth, we wrote a letter to her about…

Posted by Mark Zuckerberg on Tuesday, December 1, 2015

Mr Zuckerberg and his wife Priscilla Chan have set up a charity organisation called the Chan Zuckerberg Initiative, which has “the mission of advancing human potential and promoting equality”.

Mr Zuckerberg will run the charity himself and, according to the Guardian, will be worth $3 billion by 2018.

Max’s parents posted a 2000-word letter to their newborn daughter, telling her their hopes and dreams for the future – a future they hope to create:

It starts:

Dear Max,

Your mother and I don’t yet have the words to describe the hope you give us for the future. Your new life is full of promise, and we hope you will be happy and healthy so you can explore it fully. You’ve already given us a reason to reflect on the world we hope you live in.

Like all parents, we want you to grow up in a world better than ours today.

While headlines often focus on what’s wrong, in many ways the world is getting better. Health is improving. Poverty is shrinking. Knowledge is growing. People are connecting. 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.

We believe all lives have equal value, and that includes the many more people who will live in future generations than live today. Our society has an obligation to invest now to improve the lives of all those coming into this world, not just those already here.

Towards the end of the letter, Mr Zuckerberg says that for every 10 people who gain access to the internet, one is lifted out of poverty – and that four billion still don’t have that access.

If you consider the difference Mark Zuckerberg has made to the world – and to your own life – by creating Facebook, it’s easy to believe that he will uphold his promise to his baby girl.

What do you think of this gesture? Do you think giving away all their wealth is the right thing for the mega-rich to do?


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  1. OMG he’s not giving away ALL his wealth, that’s just a drop in the bucket however I have to agree with him.

  2. You and your Wife are very Lucky you have a Beautiful Daughter God Bless you All 😘💕💕💕🎈🎈🎈 We had five lovely children and we never had regret it ! 👍🌹

  3. What a wonderful young couple, he never had to give away anything if he never wanted to but decided to help others, good for them👏👏

  4. Beautiful baby and congratulations to the parents. Exiting time of their lives. <3 As for the headline " gives away" almost all his fortune, is kind of misleading. He set up a charity that he will run and the money will go into that charity. If he sold his shares, he would have to pay taxes. Putting it into a charity that he controls, he pays no tax.

    2 REPLY
    • Which leaves him with over $600 million even though he’s only keeping 1% of the profits… Not exactly going to starve are they 😳

    • They aren’t going to starve and he still has all the shares and money, just under a more protective mantle that he controls.

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