“But Zuckerberg is evidently in a hurry to get started on the philanthropic phase of his career while he’s still the boss at Facebook. Last year, he created an organization called the Chan Zuckerberg Initiative that will serve a similar function to the Bill and Melinda Gates Foundation, allowing Zuckerberg and his wife Priscilla Chan to begin donating his billions to worthy causes. If he’s able to donate two-thirds of his Facebook stake to the Chan Zuckerberg Initiative, the organization will have a $30 billion war chest that it can begin dispensing to worthy charitable organizations immediately.”
Is it -really- going to be donated to charity? Or is “charity” a euphemism for for-profit business model? Or is it really for charity?!
Help. I can’t trust the media anymore. Where’s the truth ground?
Source: Mark Zuckerberg’s audacious plan to control Facebook as he sells his stock, explained – Vox