Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Zuckerberg Giving Away 99% of His Facebook Shares

«134

Comments

  • Registered Users, Registered Users 2 Posts: 21,510 ✭✭✭✭PARlance


    Costly baby brain moment.


  • Closed Accounts Posts: 52 ✭✭Skoop


    That's nice of him.


  • Registered Users, Registered Users 2 Posts: 12,564 ✭✭✭✭whiskeyman


    A monorail for every city in the world!


  • Registered Users, Registered Users 2 Posts: 18,061 ✭✭✭✭Thargor


    I always thought if I was that rich Id run an Apollo program into super efficient solar panels then give the technology away, even a fairly modest increase in efficiency of solar panels would mean you'd be mad not to have them on your roof anywhere on the planet and they're slowly improving as it is, that would be a major shift towards the better.


  • Registered Users, Registered Users 2 Posts: 2,792 ✭✭✭2Mad2BeMad


    can I have some please Mark? I'll buy you a pint of Guinness


  • Advertisement
  • Closed Accounts Posts: 34,809 ✭✭✭✭smash


    Be nice if he was to distribute it to Facebook users... I wouldn't complain like.


  • Registered Users, Registered Users 2 Posts: 18,061 ✭✭✭✭Thargor


    Looks like its over his lifetime not right away as it first sounded anyway.


  • Registered Users, Registered Users 2 Posts: 3,750 ✭✭✭fleet_admiral


    I doubt we will see him shopping in Adld


  • Registered Users, Registered Users 2 Posts: 18,061 ✭✭✭✭Thargor


    I doubt we will see him shopping in Adld

    I doubt we'll see anyone shopping in Adld tbh.


  • Registered Users, Registered Users 2 Posts: 2,694 ✭✭✭BMJD


    fock it, he's only giving it to "good causes", no chance of me getting some


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 3,750 ✭✭✭fleet_admiral


    Thargor wrote: »
    I doubt we'll see anyone shopping in Adld tbh.
    Its too long to write Aldi/Lidl


  • Closed Accounts Posts: 2,740 ✭✭✭the evasion_kid


    that graffiti artist David choe who painted Facebook offices when it was starting up and instead of taking payment took stocks instead is worth 200 million today...jammy git


  • Registered Users, Registered Users 2 Posts: 3,522 ✭✭✭paleoperson


    Anyone know why there are so many people of foreign ethnicities in Lidl?

    I normally go to Dunnes, the level of foreign ethnicity in Lidl was really startling. I've noticed this before but this time it's as if I was in eastern europe. It seems weird if their brand loyalty or clubcard points from eastern europe are keeping them there.


  • Closed Accounts Posts: 848 ✭✭✭Superhorse


    Face what?


  • Registered Users, Registered Users 2 Posts: 33,761 ✭✭✭✭RobertKK


    Sure Mark sold some shares a while back to pay a tax bill....he sold shares and received $2.3 billion.

    What he is doing is good and is to be commended. He has all the money he will ever need.


  • Registered Users, Registered Users 2 Posts: 18,061 ✭✭✭✭Thargor


    Anyone know why there are so many people of foreign ethnicities in Lidl?

    I normally go to Dunnes, the level of foreign ethnicity in Lidl was really startling. I've noticed this before but this time it's as if I was in eastern europe. It seems weird if their brand loyalty or clubcard points from eastern europe are keeping them there.
    Maybe they like saving money on food and other stuff like everyone else? :confused:


  • Closed Accounts Posts: 1,284 ✭✭✭StewartGriffin


    He's probably keeping the good 1% for himself and getting rid of the 99% sh1t ones.


  • Registered Users, Registered Users 2 Posts: 4,276 ✭✭✭Memnoch


    Facebook paid 4,000 pounds corporation tax in the UK in 2014. How much did the average worker in the UK and Ireland pay, I wonder?


  • Registered Users, Registered Users 2 Posts: 2,380 ✭✭✭daRobot


    Himself and his wife own the charity they're giving it away to, so it's not as straigtforward as it sounds.


  • Registered Users, Registered Users 2 Posts: 3,522 ✭✭✭paleoperson


    Thargor wrote: »
    Maybe they like saving money on food and other stuff like everyone else? :confused:

    Alright smart guy, you know all.


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 120 ✭✭Azrel


    daRobot wrote: »
    Himself and his wife own the charity they're giving it away to, so it's not as straigtforward as it sounds.

    Same kinda setup as Bill Gates foundation then. What's ironic is, if society wasn't configured to allow people amass such vast wealth then the charity wouldn't be needed.


  • Registered Users, Registered Users 2 Posts: 81,220 ✭✭✭✭biko


    The couple plans to funnel about $45 billion in Facebook stock into the Chan Zuckerberg Initiative over their lifetimes. The organization will initially focus on education and disease.

    http://www.cnbc.com/2015/12/01/zuckerberg-daughter-max-born.html


  • Posts: 14,344 ✭✭✭✭ [Deleted User]


    Surely this is just until the site collapses and is worth nothing (which will definitely happen at some point in the next 5 years I'd say). The likes of Facebook and such being worth such silly money is a bubble in itself. If I were him I'd be flogging any shares i have that are worth anything. Keeping them is just being a zucker (see what I did there?! hardy har har).


  • Registered Users, Registered Users 2 Posts: 12,033 ✭✭✭✭Richard Hillman


    An astonishing gesture.


    It still leaves him with 450m in the bank. It truly is an amazing scale of money.

    I would prefer the power of 45bn even though id never get near spending it


  • Closed Accounts Posts: 577 ✭✭✭simdan


    Zuckerberg is just a poster boy for the American government. 99% of $45b leaves them with $450 million plus additional earnings in the future from Facebook. I'd say this is the deal he cut years ago. Him and the site could never have taken over the world without backing.


  • Registered Users, Registered Users 2 Posts: 120 ✭✭Azrel


    Yeah well I know something he can't buy...

    A dinosaur.


  • Registered Users, Registered Users 2 Posts: 4,026 ✭✭✭0ph0rce0


    daRobot wrote: »
    Himself and his wife own the charity they're giving it away to, so it's not as straigtforward as it sounds.

    Giving it to themselves :pac: i smell a tax scam here


  • Closed Accounts Posts: 3,507 ✭✭✭Buona Fortuna


    I think he should buy coke and hookers for everyone.


  • Registered Users, Registered Users 2 Posts: 2,200 ✭✭✭Arbiter of Good Taste


    0ph0rce0 wrote: »
    Giving it to themselves :pac: i smell a tax scam here

    They're not giving to themselves. The charity is probably a trust, which means the trustees will distribute the proceeds to different causes as it sees fit. Absolutely nothing wrong with that.

    He probably is getting a tax deduction. The man is giving away $45bn. Do you really begrudge him that?


  • Advertisement
  • Registered Users, Registered Users 2 Posts: 426 ✭✭The_Mac


    Superhorse wrote: »
    Face what?

    Look everyone, a hipster pretending they don't know what one of the most popular site in the world is.


  • Registered Users, Registered Users 2 Posts: 3,003 ✭✭✭Hammer89


    Thargor wrote: »
    I doubt we'll see anyone shopping in Adld tbh.

    Maybe just attention seekers.


  • Registered Users, Registered Users 2 Posts: 12,902 ✭✭✭✭mfceiling


    Wonder what he'll do with all his likes?

    Cure cancer?


  • Registered Users, Registered Users 2 Posts: 6,374 ✭✭✭Gone West


    Bunch of begrudgers in this thread.

    Zuckerberg, like Gates before him is a legit hero, and the 45 Billion will indeed go a long way, improving lives for generations to come.


  • Registered Users, Registered Users 2 Posts: 5,022 ✭✭✭jamesbere


    Fuzzy wrote: »
    Bunch of begrudgers in this thread.

    Zuckerberg, like Gates before him is a legit hero, and the 45 Billion will indeed go a long way, improving lives for generations to come.

    :pac:


  • Registered Users, Registered Users 2 Posts: 1,005 ✭✭✭Letree


    I can't really imagine Denis O'Litigator doing the same..


  • Advertisement
  • Moderators, Society & Culture Moderators Posts: 12,547 Mod ✭✭✭✭Amirani


    Memnoch wrote: »
    Facebook paid 4,000 pounds corporation tax in the UK in 2014. How much did the average worker in the UK and Ireland pay, I wonder?

    0 I would've thought. They're not corporations.


  • Registered Users, Registered Users 2 Posts: 120 ✭✭Azrel


    Amirani wrote: »
    0 I would've thought. They're not corporations.

    Game, set and match.


  • Registered Users, Registered Users 2 Posts: 4,276 ✭✭✭Memnoch


    Amirani wrote: »
    0 I would've thought. They're not corporations.

    You know exactly what I meant. What's the point of resorting to a pointlessly semantic argument?


  • Registered Users, Registered Users 2 Posts: 3,079 ✭✭✭Vic_08


    smash wrote: »
    Be nice if he was to distribute it to Facebook users... I wouldn't complain like.

    Well he is donating it to help the needy.


  • Closed Accounts Posts: 34,809 ✭✭✭✭smash


    biko wrote: »
    The couple plans to funnel about $45 billion in Facebook stock into the Chan Zuckerberg Initiative over their lifetimes. The organization will initially focus on education and disease.

    http://www.cnbc.com/2015/12/01/zuckerberg-daughter-max-born.html

    They should have called it zuckerchan. Or chanberg!


  • Advertisement
  • Closed Accounts Posts: 24,465 ✭✭✭✭darkpagandeath


    Shares are worth nothing unless they are sold and people are willing to pay for them. would not ditching 45bn in shares set a run on the company killing the share price anyway ? So theoretical 45bn could be a lot less.


  • Closed Accounts Posts: 4,436 ✭✭✭c_man


    Fair fuks to him.


  • Registered Users, Registered Users 2 Posts: 6,973 ✭✭✭SafeSurfer


    Bono has just announced that he is also giving away 99% of his wealth to charity.











    Not

    Multo autem ad rem magis pertinet quallis tibi vide aris quam allis



  • Registered Users, Registered Users 2 Posts: 1,104 ✭✭✭manonboard


    The_Mac wrote: »
    Look everyone, a hipster pretending they don't know what one of the most popular site in the world is.

    a hipster critic! such a rare thing to behold.

    Its likely he was being sarcastic..


  • Moderators, Home & Garden Moderators, Recreation & Hobbies Moderators Posts: 7,730 Mod ✭✭✭✭delly


    Letree wrote: »
    I can't really imagine Denis O'Litigator doing the same..

    Defamation lawyers, rollout!


  • Closed Accounts Posts: 20,373 ✭✭✭✭foggy_lad


    Letree wrote: »
    I can't really imagine Denis O'Litigator doing the same..

    Lawyers get much of their work from the likes of Denis O'Litigator. many of them would be on the breadline and possibly even homeless without the dig-out!


  • Registered Users, Registered Users 2 Posts: 2,767 ✭✭✭SterlingArcher


    preaching he wants to make the world a better place? Go back in time and instead of just stealing Facebook idea, Bury it.

    Not got a time machine ok. Start small. Try telling your company that sells people's information, to stop avoiding paying taxes.them hospitals don't run themselves.

    Something stinks.


  • Registered Users, Registered Users 2 Posts: 1,329 ✭✭✭jetsonx


    That's nothing to honest.

    Sure did'nt Fianna Fail donate €70 billion to the foreign bondholders. That's what I can generosity...


  • Registered Users, Registered Users 2 Posts: 14,276 ✭✭✭✭StringerBell


    I like to think of myself as a good cause, hope he keeps me in mind

    "People say ‘go with the flow’ but do you know what goes with the flow? Dead fish."



  • Moderators, Social & Fun Moderators Posts: 13,102 Mod ✭✭✭✭JupiterKid


    Fair play to Zuckerberg. That $45 billion will really help needy causes. As someone else opined, he has all the money he will ever need.

    If I was in his position I'd put the 45 billion towards a manned mission to Mars, but that's just me.

    I also detect a sliver of jealousy on this thread.


  • Advertisement
Advertisement