Mark Zuckerberg To Donate Facebook Stock For 'Public Good'

[kewlguy239]

Facebook CEO Mark Zuckerberg and his wife welcomed their new daughter, Chan, into the world with an open letter promising to make the world a better place – by donating almost all of his stock in the company to charitable causes. But which causes?

Mark Zuckerberg To Donate Facebook Stock For 'Public Good' : Read more

 

[SpeedOfDark]

Does this mean he is going to donate his shares to the Tea Party?

 

[hammereditor]

Just another act to gain the trust of the public. That Internet.org thing was built to earn advertising money, and restrict users to 100 or so websites which paid FB for it.

Imagine 2 billion people visiting one website every day.

 

[hammereditor]

Of course a corporation, which is supposed to make profit, wants to become a charity.

 

[dstarr3]

Maybe, just maybe, Mr. Zuckerberg is an okay dude, and he's trying to do good things with his wealth? Maybe this has nothing to do with Facebook or politics, and it's just a rich dude being generous?

 

[JeanLuc]

If he wants to make a social change how about his company pays it's fair share of corporation tax to the respective agencies his company operates in?

 

[gggplaya]

If he wants to make a social change how about his company pays it's fair share of corporation tax to the respective agencies his company operates in?

Yea, facebook and sleezy APPLE which charges huge margins on products made in china with $1 an hour laborers. Then shifts all their profits to an account in ireland which only charges 2% taxes. Then people tout them as a great american company.

 

[BulkZerker]

Hah. Since he can't cash any of it out without having it taxed out the ass he gave up. And screwed his daughter out of a free ride scholarship on his dollar.