How smartly Mark Zuckerberg invested his 99% shares of Facebook

How smartly Mark Zuckerberg invested his 99% shares of Facebook

Anuj Agrawal Anuj Agrawal

Anuj Agrawal

Founder at Cbetter & Shoonya Festival | Curator & Consultant - Festival & Event IP's | LinkedIn Personal Branding Strategist

发布日期: 2015年12月3日
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As per letter of Mark Zuckerberg to his daughter Max, he is not donating this amount to any of the non-profit bodies but he has formed an LLC for the same to which he is going to donate all this money. All this money will go to Chan Zuckerberg Initiative LLC, a family-run foundation that he controls and through which he will maintain control of Facebook for “the foreseeable future.”

Which actually means that it’s a very smart step by Mark Zuckerberg by putting all his money is such an initiative which will not only benefit him but also his forthcoming generation and that too untouched by estate taxes.

A Facebook spokeswoman confirmed in an email to BuzzFeed News. The spokeswoman further confirmed, 

the initiative is structured as an LLC, and not as a charitable trust.

Read the complete post here: https://bit.ly/1XAVdp4

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