Mark Zuckerberg and Priscilla Chan, Allen & Co Conference, Idaho, US, 2013 © Daniel Acker/Bloomberg | Flickr
CapitalismEssaysLiberal Democracy in Question

Zuckerberg & Chan Are Us

Philanthrocapitalism and the public good

Almost forty-eight years to the day before Mark Zuckerberg and Priscilla Chan announced the creation of their limited liability company and pledged to give away 99% of their Facebook shares within their lifetimes, a lawyer lectured a roomful of stockbrokers on “How to Obtain Maximum Tax Advantages by Using Securities …