Last week Mark Zuckerberg and his wife welcomed their new baby girl Max, into the world. A week later Zuckerberg makes the formal birth announcement on Facebook and also a startling announcement in regard to his 45 billion dollar fortune.
In celebration of their new baby girl, Zuckerberg and his wife pledged to dedicate nearly 45 billion dollars to solving the world’s problems. This accounts for nearly 99% of their wealth. In his Facebook post, the social media mogul said that his money would be devoted to causes such as improving education and fighting disease.
Zuckerberg also announced the forming of a new organization called, the Chan Zuckerberg Initiative. It will be through this new organization that Zuckerberg plans to achieve his world changing contributions. It is speculated that the Chan Zuckerberg Initiative will be the primary channel for private investment, charitable donations and promotion of government-policy reform.
Zuckerberg is known for buying political influence when his important issues are on the line. In particular, Zuckerberg led the charge with his team of Silicon Valley CEOs under the organization known as FWD.us , a pro immigration group that donated considerable sums of money to politicians with which they shared common views. This result was disappointing for FWD.us as their campaign contributions had little effect on election outcomes.
We all want the world to be a better place for our kids. Its unfortunate that Zuckerberg’s idea of a better world seems to be fundamentally progressive liberalism.
Can 45 billion Facebook dollars make the world a better place?