Mark Zuckerberg Agrees to Give Away Fortune
online.wsj.com
Mark Zuckerberg Agrees to Give Away Fortune
1–10 of 206 posts
Re: Mark Zuckerberg Agrees to Give Away Fortune
#2This is really great to hear. We need more of this.
I'd pledge if I had any hugely significant sum like the others in the pledge, but alas.
Re: Mark Zuckerberg Agrees to Give Away Fortune
#3The big question will be does Zuck's fortune liquify at anywhere near the level that it is now. :)
Re: Mark Zuckerberg Agrees to Give Away Fortune
#4This makes it okay that he sells my list of friends to advertisers!
Re: Mark Zuckerberg Agrees to Give Away Fortune
#5Well, this will properly be nice for those who receive those founds, but I have to wonder why he did it. Why get a fortune just to give it away?
Re: Mark Zuckerberg Agrees to Give Away Fortune
#6It's commendable for anyone to give away their money, but especially so when it's a guy in his mid-twenties.
Re: Mark Zuckerberg Agrees to Give Away Fortune
#7Well, this will properly be nice for those who receive those founds, but I have to wonder why he did it. Why get a fortune just to give it away?
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Re: Mark Zuckerberg Agrees to Give Away Fortune
#8Well, this will properly be nice for those who receive those founds, but I have to wonder why he did it. Why get a fortune just to give it away?
I think that for some people, particularly billionaires, money is more about keeping score.
Re: Mark Zuckerberg Agrees to Give Away Fortune
#9After someone asked Warren Buffet why he wanted to give away all of his fortune, he replied:
"I want to leave enough money to my children that they can do anything, but no so much that they will do nothing".
Re: Mark Zuckerberg Agrees to Give Away Fortune
#10There is no reason for Facebook to go public anytime in the near future. It will be more and more revenue positive as it refines its advertising model. Zuckerberg's contribution is therefore worth very little at the moment, outside of the tremendous commitment it implies for Mark. At some point, he will probably control huge amounts of wealth and it's bold of him to sign away most of the cash before he ever has control over it.
But wouldn't it be amusing if Facebook were to go the way of preceding social networks, and leave the "world's youngest billionaire" looking a little silly for pledging a fortune that never materialized?