What's Zuckerberg Worth Without 99% of His Fortune?

What's Zuckerberg Worth Without 99% of His Fortune?

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Mark Zuckerberg announced his plan to donate 99% of his Facebook stock over his lifetime, which amounts to about $45 billion for the Chan Zuckerberg Initiative. This initiative will have assets comparable to the Bill and Melinda Gates Foundation but is structured as a limited liability corporation, allowing investments in companies and startups. Zuckerberg will not give away more than $1 billion annually in the next three years, maintaining control of Facebook. His wealth includes $450 million in Facebook stock, $1 billion in cash, and nearly $200 million in real estate. Facebook's stock has grown 180% since 2012, with analysts predicting further growth, potentially increasing funds for future philanthropic efforts.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of his Facebook stock is Mark Zuckerberg planning to give away?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How is Zuckerberg's philanthropic initiative structured differently from the Bill and Melinda Gates Foundation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the estimated worth of 1% of Zuckerberg's Facebook stock today?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What do analysts predict about the future growth of Facebook shares?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some potential beneficiaries of Zuckerberg's philanthropy?

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