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Facebook CEO Mark Zuckerberg took a step towards the future on Tuesday when he announced the birth of his daughter Max with wife Priscilla Chan. To announce her birth the couple wrote a letter to Max on Facebook about the better future world they want her to grow up in. In order to make that world a reality the couple announced they’d created the Chan Zuckerberg Initiative and that they’d be donating 99 percent of their Facebook shares, valued at approximately $45 million. The news comes on Giving Tuesday, a “global day of giving.”

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