Facebook Boss, Mark Zuckerberg and Wife Welcome Baby Girl, Plans to Give Away 99% of His Fortune

 

Facebook founder, Mark Zuckerberg and his wife, Priscilla Chan have welcomed their first child - a baby girl named Max into the world, and used her arrival to announce plans to give away most of their $45billion fortune.

 

The Silicon Valley billionaire and his doctor wife shared the news of the baby's birth in a Facebook post entitled, 'A letter to our daughter'. 

 

Included in the lengthy post was the couple's pledge to donate the vast majority of their fortune to future generations. They will donate 99% of their Facebook shares currently valued at $45 billion to the work of a new charitable foundation. 

 

That would leave them with $450 million for themselves and their new child based on Facebook's current valuation, plus any other private wealth held by the couple. 

 

 

The letter was accompanied with a picture of the proud new parents tenderly holding their newborn wrapped in a Aden And Anais swaddle cloth covered in cartoon caterpillars. The designer blankets are sold in $50 four-packs.   

 

Click here to read Zuckerberg's letter to his new child titled "A letter to our daughter."