Mark Zuckerberg Is Giving Away 99% of His Facebook Fortune

Best #GivingTuesday moment ever

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Facebook CEO Mark Zuckerberg and his wife Priscilla Chan today announced the birth of their daughter, Max, while also revealing that they plan to give away 99 percent of their Facebook shares over the course of their lives. Zuckerberg's estimated net worth is about $46.8 billion.

Talk about #GivingTuesday, indeed. The 31-year-old tech entrepreneur is establishing an entity with his wife called the Chan Zuckerberg Initiative, which was revealed—as well as his intentions to donate his huge fortune—in a Securities and Exchange Commission filing.

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