Whatever personal faults the man has, I'd argue this kind of philanthropy more than makes up for it.
Let him clean up his act and his company's first, until then he has zero credibility.
This Zucker is no Manoj Bhargava.
lmao, you're kidding right?
But, you know, he could've done all this in private and given her the letter when she turned 16 or 18 or whatever.
A worthy successor to president Obama there.
Zuckerberg, like Gates, is a brilliant but deeply flawed person. However, Zuckerberg appears to be maturing much faster than Gates. I have lots of hope for him left.
Most likely, due to having Gates as an example and inspiration.
I'm am greatful these billionaires are giving away their money. I've seen so many wealthy families who are absolutely misserable. Why not give it to good causes? His gift to his daughter is not monetarily spoiling her?
That said, I wish more would just give the money without any strings. Set up the foundation, vet the BOD, and walk away. Just because you are good in business, why would anyone think they are in any position to know how to fix societies problems? Most of these guys gave lived most of their lives in a bubble.
On the other hand, I have yet to see a charity/foundation that I completely trust. The more I look into so many charities/foundations; the more cynical I get.
I do like Mark much more today than yesterday though. You made a great move Mr. Zuckerburg!
I hope your charity dies wonderful things.
(I didn't even read the article. I'm just assuming he's actively involved? If wrong, I applogiguse!)
Carnegie's wiki page "Andrew Carnegie was a Scottish-American industrialist who led the enormous expansion of the American steel industry in the late 19th century. He built a leadership role as a philanthropist for the United States and the British Empire."
I wonder what Greece would think of free cash injections, for example? What could improved infrastructure do for that struggling country?
The pith of my point was that Facebook does not need to repatriate money to America and get taxed to do good, contrary to my post's parent's assertion. There is plenty of good to be done all over the world, and Facebook already has untaxed pools of Euros to use.
This trend for "corporations can make the world better" is misleading. Everyone else has failed: military corp, narco, public corp (as in ancient urrs), ... If only one has succeed, we should see it.
Besides, Facebook can put that money to much better use than government. All the lowly users of Facebook on the other hand do not know how to best spend their money and had better hand it over. Zuck says so (so do Gates and Soros).
The point is that if facebook were to stop its tax evasion business, it would probably not be profitable.
The responsability of teaching should be public (so like a government), not just 3 random guys.
Zuck also says "you need to work in a hangar"... Nah, I want my workplace to be better than my home.
Lets not kid ourselves here, Zuckerburg probably likes to think he is God, and with his investments into VR also probably sees his daughter as one of last to be born in anything resembling the natural world. To begin to even try to assign any sort of psychological pathology or diagnostics would be futile. We'll have to hope the universe has a way to keep tech monsters like him in check or that he realizes playing neuromancer with the parents of his child's friends destroyed any sense of authenticity in his daughter's life.