With $3 Billion USD, Mark Zuckerberg and Priscilla Chan Hope to Cure All Diseases

All by the end of the century.

By //Fashion

This morning, Mark Zuckerberg and his wife Priscilla Chan announced their latest endeavor, and it has nothing to do with Facebook. As part of their charitable LLC, the Chan Zuckerberg Initiative, the power couple plans to lend help in curing all diseases within their children’s lifetime, or by the end of the century.

The tech mogul said to a room full of Silicon Valley’s elite — including Google CEO Sundar Pichai and Russian billionaire investor Yuri Milner — that “The biggest breakthroughs take many years. This is about the future we all want for our children. If there’s even a chance that we can help cure all diseases in our children’s lifetime … then we’re going to do our part.” A lofty proposal to say the least, but their plan centers on investing $3 billion USD over the next decade toward disease prevention and research initiatives, starting with $600 million USD going towards a new San Francisco research facility, dubbed the Chan Zuckerberg Biohub.

The Biohub — a joint partnership between Stanford, the University of California, Berkeley, and the University of California, San Francisco — is the first major charitable investment since Zuckerberg and Chan announced last December that they would give away 99% of their wealth.

Read Full Article
Source
The New York Times
Photographer
Jeff Chiu/Associated Press
FacebookMark ZuckerbergPhilanthropyPriscilla Chan

You may also like

Facebook Loses $60 Billion USD in Wake of Cambridge Analytica Scandal
Tech

Facebook Loses $60 Billion USD in Wake of Cambridge Analytica Scandal

Amazon and Google even got caught in the ripple effect.
14,025 Hypes 19 Comments
Mark Zuckerberg Made $3 Billion USD After His Congress Testimony
Tech

Mark Zuckerberg Made $3 Billion USD After His Congress Testimony

His stake is now worth $66 billion USD.
12,948 Hypes 20 Comments
Facebook Aims to Do Good With Upcoming News Feed Changes
Tech

Facebook Aims to Do Good With Upcoming News Feed Changes

Placing emphasis on friends and family and less-so with brands.
1,426 Hypes 14 Comments
Sadly, Jeff Bezos Is No Longer Worth $100 Billion USD
Tech

Sadly, Jeff Bezos Is No Longer Worth $100 Billion USD

Still the richest man.
5,928 Hypes 0 Comments
Mark Zuckerberg Takes out Full-Page Newspaper Ads to Issue Privacy Breach Apology
Tech

Mark Zuckerberg Takes out Full-Page Newspaper Ads to Issue Privacy Breach Apology

Appearing in several noted U.K. and U.S.-based publications.
5,571 Hypes 17 Comments
Facebook May Be Fined Billions Due to Tag Suggestions Feature
Tech

Facebook May Be Fined Billions Due to Tag Suggestions Feature

More privacy violation charges against the social media monolith.
3,765 Hypes 17 Comments


What to Read Next

adidas's Ultra Boost Silhouette Continues Its Run in New Shock Mint Colorway
Footwear

adidas's Ultra Boost Silhouette Continues Its Run in New Shock Mint Colorway

Minty fresh.
6,632 Hypes 0 Comments

Three Drake Albums Coming to Vinyl for the First Time
Music 

Three Drake Albums Coming to Vinyl for the First Time

One of which will see its debut as a physical release.
26 Hypes 0 Comments

Joey Purp & Chance the Rapper Reconnect for "Girls @" Video
Music 

Joey Purp & Chance the Rapper Reconnect for "Girls @" Video

Don’t sleep on Purp’s latest project.
34 Hypes 0 Comments


'Bad Santa 2' Continues Its Raw Humor via Its Second Trailer
Entertainment

'Bad Santa 2' Continues Its Raw Humor via Its Second Trailer

Picking up where the raw comedy left off.
3,568 Hypes 0 Comments

Nike Drops Two More Colorways of Its Canvas-Constructed SFBs
Footwear

Nike Drops Two More Colorways of Its Canvas-Constructed SFBs

More military-inspired colorways for the six-inch boot.
5,987 Hypes 0 Comments

Stream OG Maco's New 'BLVK PHIL COLLINS' EP
Music 

Stream OG Maco's New 'BLVK PHIL COLLINS' EP

OG Maco is the rap game’s Black Phil Collins.
50 Hypes 0 Comments

More ▾