Zuckerberg Sells $95 Million In Facebook Stock For Philanthropic Organization
Thursday, August 25, 2016
His philanthropic venture, Chan Zuckerberg Initiative, has sold 760,000 Facebook shares worth nearly $95 million. The money is for Zuckerberg and his wife’s effort to help with education, medicine.
Zuckerberg and his wife, Priscilla Chan, announced the creation of the organization, the Chan Zuckerberg Initiative (CZI), when their daughter, Max, was born in 2015. The Initiative is focused on “personalized learning, curing disease, connecting people and building strong communities.”
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