Mark Zuckerberg and Wealth

Facebook's Mark Zuckerberg and his wife Priscilla Chan say they will give away 99% of their shares in the company to good causes as they announce the birth of their daughter Max. Mark Zuckerberg made the announcement in a letter to Max on his Facebook page. Which is crazy to thing how much someone is willing to do for their kids as soon as they are born. He said they were donating their fortune to the Chan Zuckerberh Initiative to make the world a better place for Max to grow up in. I am not sure how this will be effective in the long run considering there is a lot of things that money may not be able to change. The donation amounts to $45billion at Facebook's current value. However the shares will not be donated to charity immediately, but over the course of the couple's lives. Were Mark Zuckerberg to give away 99% of his shares immediately, he would still possess hundreds of millions of dollars. This is crazy since he will still be a millionaire which must be super nice still. I don't know what I would do with that amount of money, but it would be amazing probably. Ms Chan's worth has not been documented. Max was born last week, although her birth was only made public recently. In his letter Mark Zuckerberg said the aim of the Chan Zuckerberg Initiative is "to advance human potential and promote equality for all children in the next generation". Overall, I think it is great what Mark Zuckerberg is doing and wish him the best and hope everything works out for him at the end. At the end of the day, he still has a lot of money and can live comfortably. I think it's good that billionaires are giving their money away like this before they die, it can be rather disappointing that they just hold onto it all and after they die it would just seem to disappear with them. It's nice to see something like this happen and would probably like to see it in the future maybe. Although if I was a billionaire, I am unsure if I would do the same so it is easy for me to say this stuff now. I wish it didn't sound so greedy, but I just am not sure how I would handle it, I would probably make sure everyone I knew and cared about was well off first. Not saying that he didn't because I don't know, but I feel like it would also be hard to give up that much money.