IslamicFinance.de

Facebook cofounder and CEO Mark Zuckerberg is celebrating the birth of his new daughter by pledging to give away 99% of his Facebook shares. Money from the shares, currently valued at $45 billion, will go to projects and charities that advance human potential and promote equality. The donations will take place over their lifetime, and the exact worth of the shares will likely change. Zuckerberg will not give away more than $1 billion in stock a year during the next three years, according to a filing with the SEC. He will keep his majority stake in Facebook, and thus voting control, for the foreseeable future.