In case you missed it, Facebook founder Mark Zuckerberg and his wife recently welcomed the birth of their daughter. In a rather eccentric celebration of their daughter’s birth, Zuckerberg and his wife promised to donate 99% of their Facebook shares to charity. You shouldn’t fret that the market will be flooded with Facebook stock as the transfer is to Zuckerberg’s personal charitable foundation, thus still under his control.
http://fortune.com/2015/12/01/zuckerberg-baby-donation/
- Spencer