Zuckerberg Gives Away Almost All of His FB Stock

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  • Author
    Posts
  • #15805
    duxrule
    Participant

    Mark Zuckerberg and his wife announce that they’re giving away 99% of their FB stock to charity (estimated @ $45 billion). Pretty impressive; I wonder how The Donald will respond?

    #15807
    missing_kskd
    Participant

    Will give away through their life, and given to a for profit llc. Nobody really understands why for profit, but we will find out eventually.

    The typical path is non profit.

    #15809
    Alfredo_T
    Participant

    Zuckerberg will retain his majority voting stake at Facebook, even though he is donating the stock. See: http://abcnews.go.com/Technology/zuckerbergs-give-facebook-fortune-control-company/story?id=35529098

    #15821
    missing_kskd
    Participant

    Maybe that is the reason for the LLC.

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