Independent news has never been so important.

Did you know that you can get Democracy Now! delivered to your inbox every day? Sign up for our Daily News Digest today! Don't worry, we'll never share or sell your information.

Zuckerberg to Donate Facebook Shares, Worth $45 Billion, over Lifetime

HeadlineDec 02, 2015

Facebook co-founder Mark Zuckerberg and his wife Dr. Priscilla Chan have announced they will give away 99 percent of their Facebook shares, currently worth $45 billion, to charity during their lifetimes. The announcement came in an open letter to their newborn daughter, Max. Meanwhile, a new report shows the 20 richest people in the United States own more wealth than half of the population of the U.S. combined. The report, published by Chuck Collins and Josh Hoxie of the Institute for Policy Studies, shows the top 20 wealthiest Americans, which includes Zuckerberg, own about $732 billion. The report also shows that the 100 richest households in the U.S. have the same amount of wealth as all African Americans in the United States combined.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation