MARK AND WIFE,DR. PRICILLA CHAN SET TO GIVE AWAY 99% OF THEIR FACEBOOK


The CEO of facebook, Mark and D.r Pricilla Zuckerberg,  are set to give away an amounts worth of  $45 billion at today's value, but not all at once, according to ABC News. This amount will equal 99% of facebook worth. The couple plans to gradually donate the shares to the newly formed Chan Zuckerberg Initiative, according to a Securities and Exchange Commission filing. Zuckerberg, who is 32, will also keep his majority voting stake at Facebook, even as he transfers more shares to the Chan Zuckerberg Initiative.
Zuckerberg will be selling  or giving no more than $1 billion of Facebook stock each year for nothing less than three years.
The Chan Zuckerberg Initiative plans to tackle lofty goals, including curing disease, reducing poverty and harvesting clean energy. The couple announced their new charitable initiative in December to coincide with the birth of their first child, daughter Max.
The Chan Zuckerberg Initiative led a $24 million funding round this week into Andela, a start-up dedicated to finding and training technology talent in Africa.
"After a six-month software development program, Andela Fellows work remotely for Fortune 500 companies and startups around the world," Zuckerberg wrote on his Facebook page. "Companies get access to great developers, and developers in Africa get the opportunity to use their skills and support their communities."

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