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Mark Zuckerberg, Wife Welcome Daughter, Pledge 99% Of Shares To Initiative

Westchester native Mark Zuckerberg and his wife Dr. Priscilla Chan, have announced the birth of their first daughter, Maxima Chan Zuckerberg, in an open letter pledging to donate 99 percent of their Facebook shares to philanthropic efforts.

Facebook CEO Mark Zuckerberg and his wife have announced the birth of their first child.

Facebook CEO Mark Zuckerberg and his wife have announced the birth of their first child.

Photo Credit: Facebook

According to The New York Times, the couple will donate the shares during their lives to improve the world for their daughter's generation. The shares are worth around $45 billion. 

The couple will reportedly form the Chan Zuckerberg Initiative to manage the money, with a focus on personalized learning, curing disease, connecting people and building strong communities.

Zuckerberg, a White Plains Native, founded Facebook in 2004. He was raised in Dobbs Ferry and attended Ardsley High School.

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