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Nairaland Forum / Science/Technology / Phones / Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? (942 Views)
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Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? by Entertain9jar(f): 12:41am On Dec 06, 2015 |
Facebook co-founder Mark Zuckerberg has faced a backlash over his new charity initiative FACEBOOK CEO Mark Zuckerberg has refuted claims his new charitable endeavour is an elaborate scheme to avoid paying tax in the United States. Mark Zuckerberg this week announced that he and his wife Priscilla Chan would donate 99 per cent of their Facebook shares – currently valued at a staggering $45 billion, some £30billion – to "advancing human potential" and "promoting equality." The hugely successful couple, who recently welcomed their first child Max, will donate the majority of their wealth over the course of their lives. On the surface, the generous gesture appeared to be the latest in a string of philanthropic endeavours kickstarted by successful technology entrepreneurs. But critics have blasted 31-year-old Mr Zuckerberg for establishing his philanthropic project as a limited liability company rather than a charitable foundation. Setting up the Chan Zuckerberg Initiative as a limited liability company – or LLC – allows the Zuckerberg couple a greater freedom to use their money as they please. Read more >>> http://newsnewsblog..com.ng/2015/12/why-didnt-facebook-ceo-mark-zuckerberg.html#0 |
Re: Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? by armadeo(m): 12:49am On Dec 06, 2015 |
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Re: Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? by hedonistic: 3:25am On Dec 06, 2015 |
People sef. I don't understand how it makes sense to dictate to a man how he should spend his hard earned money. It's clearly more sensible to make your own billion$ and then give to charity in the best way that you deem fit. 2 Likes |
Re: Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? by Nobody: 5:29am On Dec 06, 2015 |
hedonistic: Abeg no mind them. Person hustle hard make his money, and someone from nowhere wants to tell him what he should do with his money .Op why don't u work hard make ur money and give it to charity. Mtcheeew . |
Re: Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? by TechRez(m): 10:53am On Dec 06, 2015 |
hedonistic: People have clearly run out of article ideas 1 Like |
Re: Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? by teewhydope(m): 1:31pm On Dec 06, 2015 |
TechRez: 1 Like |
Re: Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? by Kingy10: 1:58pm On Dec 06, 2015 |
All this bloggers self trying to gain traffic on there website why don't u donate your blog to charity |
Re: Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? by TheMascot(m): 2:24pm On Dec 06, 2015 |
Entertain9jar:vcos its his money |
Re: Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? by pinkyruledworld(m): 7:01pm On Dec 06, 2015 |
peeps don't want to know the hell u went through.... American gov't tho, dey r devilish |
Re: Why Didn't Facebook CEO Mark Zuckerberg Just Donate His Billions To Charity? by badonkadonk: 10:00pm On Dec 06, 2015 |
At first when I read that he was donating 99% of his Facebook shares to charity wat wat.. I almost said he was sick in the head.. (dont get me wrong, donating to charity is awesome buh was thinking of the child and the kids they would later have).. Buh when I read more bout the donation thing I realised that it was a well calculated endeavor.. A strategic move that would benefit their endeavors in the long run and ensure a win-win situation .... |
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