Well, 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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Mark Zuckerberg Agrees to Give Away Fortune
11–20 of 206 posts
Re: Mark Zuckerberg Agrees to Give Away Fortune
#12The big question will be does Zuck's fortune liquify at anywhere near the level that it is now. :)
Buffet's, Gate's and most of the other "big-dog's" hodling can't be liquidated for their Net Worth $ anyway. This story reminds me of Zuck turning down the near Billion $ acquisition offer from Yahoo! To him, its not about the wealth and I like that. Even if he never leaves a multi-billion $ fortune (which I think he will).
Re: Mark Zuckerberg Agrees to Give Away Fortune
#13This 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.
> I'd pledge if I had any hugely significant sum like the others in the pledge
Lives in the developing world can be saved for less than $1000/life (that is, something like $20 per disability-adjusted-life-year). You personally could save dozens--perhaps hundred--of human lives, which I consider to be hugely significant.
Re: Mark Zuckerberg Agrees to Give Away Fortune
#14Well, 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?
A commonly reiterated finding is that, while having more money can indeed contribute towards a happier life, it only does so to a point. According the the article, Zuckerberg's speculatively worth roughly $6B; if this proves accurate and he gives 90% of that away, he's still sitting on a small fortune. I'd hope that he is capable of figuring out how to make do with "only" $600M or so.
Re: Mark Zuckerberg Agrees to Give Away Fortune
#15Well, 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?
> Why get a fortune just to give it away?
Why climb Mount Everest just to come back down?
Re: Mark Zuckerberg Agrees to Give Away Fortune
#16Re: Mark Zuckerberg Agrees to Give Away Fortune
#17This 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.
> I'd pledge if I had any hugely significant sum like the others in the pledge Lives in the developing world can be saved for less than $1000/life (that is, something like $20 per disability-adjusted-life-year). You personally could save dozens--perhaps hundred--of human lives, which I consider to be hugely significant.
but for how long?
Re: Mark Zuckerberg Agrees to Give Away Fortune
#18There 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 contr…
They'll probably let him off the hook if he doesn't end up a billionaire...
Re: Mark Zuckerberg Agrees to Give Away Fortune
#19Well, 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?
To shape the world.
Re: Mark Zuckerberg Agrees to Give Away Fortune
#20Earlier quoted context omitted.
> I'd pledge if I had any hugely significant sum like the others in the pledge Lives in the developing world can be saved for less than $1000/life (that is, something like $20 per disability-adjusted-life-year). You personally could save dozens--perhaps hundred--of human lives, which I consider to be hugely significant.
but for how long?
their whole lives