Mark Zuckerberg’s fortune has crossed the $200 billion mark, putting renewed attention on a pledge he made with Priscilla Chan nearly a decade ago. The couple said in 2015 that they would give away 99% of their Facebook shares.
A pledge made at a much smaller valuation
At the time of the announcement, the shares covered by the pledge were valued at about $45 billion. Zuckerberg’s fortune has since grown to more than $200 billion, making the original commitment a much smaller measure of his current wealth than it was when announced.
The pledge also sets the shares apart from a conventional inheritance plan. Based on the available information, Zuckerberg and Chan’s three daughters are not slated to receive most of the wealth tied to the commitment.
What it means for the family’s inheritance
The information does not detail how the remaining assets will be allocated or identify what the daughters may ultimately inherit. It does establish that the majority of the pledged Facebook shares are intended to be given away rather than passed on to the next generation.
The contrast between the $45 billion valuation in 2015 and Zuckerberg’s fortune of more than $200 billion highlights how significantly the scale of his wealth has changed. It also keeps the couple’s long-term giving decision central to discussions about the future of the family’s assets.