Yesterday, Mark Zuckerberg announced that he would donate 99% of his Facebook shares to an « initiative » named after himself and his wife, Priscilla Chan. This group will then use the money in the name of « advancing human potential and promoting equality. » Although the group is a corporation, not a non-profit, the donation is intended to improve the world as Zuckerberg and Chan see it, rather than making profit for profit’s sake.
Zuckerberg is following a long tradition of his peers — as this chart from Statista shows, six out of the top 10 biggest charitable donors in the U.S. last year made their fortunes in the tech industry.
from Business Insider http://ift.tt/1OxRgf7