Facebook founder and CEO Mark Zuckerberg announced the birth of his daughter Tuesday, then revealed he will donate 99 percent of his Facebook shares in his lifetime.
The announcement came in the form of an open-letter Zuckerberg and his wife wrote to their new daughter Max.
"Your mother and I don't yet have the words to describe the hope you give us for the future. Your new life is full of promise, and we hope you will be happy and healthy so you can explore it fully. You've already given us a reason to reflect on the world we hope you live in," the letter said.
It added, "Like all parents, we want you to grow up in a world better than ours today."
[sharequote align="center"]"Like all parents, we want you to grow up in a world better than ours today."[/sharequote]
Zuckerberg and his wife wrote that they had a "moral responsibility" to help solve some of the world's greatest problems, such as curing disease, reducing poverty and expanding access to the Internet.
"We will give 99% of our Facebook shares -- currently about $45 billion -- during our lives to advance this mission. We know this is a small contribution compared to all the resources and talents of those already working on these issues. But we want to do what we can, working alongside many others," the letter said.
Zuckerberg promised that more details would emerge in the next few months, adding that he would remain as CEO for "many, many years to come."
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