Zuckerbergs Welcome Daughter Named Max — Vow To Give Away Billions
Facebook Inc Chief Executive Mark Zuckerberg said his wife Priscilla Chan has given birth to their first child, a daughter, on Tuesday.
“Priscilla and I are so happy to welcome our daughter Max into this world,” Zuckerberg said in a Facebook post.
Zuckerberg and his wife also said they plan to give away 99 percent of their fortune in Facebook stock to a new charity the couple were creating.
In making the announcement, Zuckerberg said he had told the company that he would be selling or gifting up to $1 billion of his stock for each of the next three years. At current market prices, his shares in the company are now worth roughly $45 billion.
He said he would maintain voting control for the “foreseeable future.”
A message from our Publisher & CEO Rachel Fishman Feddersen
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism so that we can be prepared for whatever news 2025 brings.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.
Readers like you make it all possible. Support our work by becoming a Forward Member and connect with our journalism and your community.
— Rachel Fishman Feddersen, Publisher and CEO