Zuckerberg Giving Away 99% of His Facebook Shares

Hammer89 · 02-12-2015 12:13AM

Thargor wrote: »

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

Maybe just attention seekers.

mfceiling · 02-12-2015 12:15AM

Wonder what he'll do with all his likes?

Cure cancer?

Gone West · 02-12-2015 12:19AM

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.

jamesbere · 02-12-2015 12:25AM

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:

Letree · 02-12-2015 12:29AM

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

Amirani · 02-12-2015 12:34AM

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.

Azrel · 02-12-2015 12:59AM

Amirani wrote: »

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

Game, set and match.

Memnoch · 02-12-2015 01:00AM

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?

Vic_08 · 02-12-2015 01:02AM

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.

smash · 02-12-2015 01:02AM

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!

darkpagandeath · 02-12-2015 01:15AM

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.

c_man · 02-12-2015 01:24AM

Fair fuks to him.

SafeSurfer · 02-12-2015 02:25AM

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

Not

manonboard · 02-12-2015 02:30AM

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..

delly · 02-12-2015 02:34AM

Letree wrote: »

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

Defamation lawyers, rollout!

foggy_lad · 02-12-2015 02:44AM

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!

SterlingArcher · 02-12-2015 02:56AM

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.

jetsonx · 02-12-2015 02:59AM

That's nothing to honest.

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

StringerBell · 02-12-2015 03:02AM

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

JupiterKid · 02-12-2015 03:22AM

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.

KungPao · 02-12-2015 03:51AM

Fair balls, Marco.

Send some my way, please!

(like)

Simon2015 · 02-12-2015 05:09AM

It could be a scam like Bill Gates "donating" to his own "charity".

worded · 02-12-2015 05:29AM

Re - A monorail for every city in the world!

Finally - metro north !

The face book train from the citi
All sing ....... we are going up to mono mono mono

02-12-2015 05:52AM

Simon2015 wrote: »

It could be a scam like Bill Gates "donating" to his own "charity".

If you had $50bn, would you give it to Concern or start something where you could really map out how it gets used?

If he isn't part of the day to day running of Microsoft, then I'm sure his foundation is his new pursuit. People like that don't go and sit on a beach for thirty years.

force eleven · 02-12-2015 06:27AM

Now he can just be called a philanthropist. The goal of any mega rich person.

Eugene Norman · 02-12-2015 06:31AM

It's always the real productive entrepreneurs that give away fortunes, never people who inherit it or are bankers etc. Fair play Mark

Eugene Norman · 02-12-2015 06:32AM

darkpagandeath wrote: »

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.

Yes. They put the shares in a trust and sell them off slowly. The gates foundation does the same.

gordongekko · 02-12-2015 07:11AM

Richard Hillman wrote: »

An astonishing gesture.

An astonishing gesture would be to pay a proper amount of tax on its corporate earnings.

In reality hes giving away money that should have gone to the tax man anyway to pay for schools etc.

Eugene Norman · 02-12-2015 07:37AM

Simon2015 wrote: »

It could be a scam like Bill Gates "donating" to his own "charity".

Do people think that Gates just uses that money personally?

nxbyveromdwjpg · 02-12-2015 08:20AM

Eugene Norman wrote: »

Do people think that Gates just uses that money personally?

Of course not. Except for this one guy, on a forum..

gordongekko wrote: »

An astonishing gesture would be to pay a proper amount of tax on its corporate earnings.

He is paying the proper amount though, or are you suggesting he's engaging in tax fraud?

force eleven wrote: »

Now he can just be called a philanthropist.

The bastard!

Zuckerberg Giving Away 99% of His Facebook Shares

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