Social media giant Facebook’s founder Mark Zuckerberg and his wife Priscilla Chan have announced that they will donate more money to Harvard University to create an Artificial Intelligence Institute.
The multi-billionaire couple said that they are giving 500 million dollars to establish an institute to study intelligence, both artificial and natural. It will be called as the Kempner Institute named after Zuckerberg’s mother, Karen Kempner, and his maternal grandparents, Sidney and Gertrude Kempner.
Chan and Zuckerberg, who first met at a Harvard fraternity party in 2003, have already donated $42 million to their alma mater. They added that they have aims to give 99 percent of their Facebook equity to the Chan Zuckerberg Initiative.
As per the Forbes Real Time Billionaires List, the Facebook founder is the eighth-richest person in the world, with a total worth of 116.9 billion dollars. The magazine gives an estimation that 95 percent of his assets are in his social media platform’s stock. Since April 2021, he has become almost $20 billion richer.
Back in 2015, Zuckerberg and Chan, a non-practicing pediatrician, cofounded the organization to help solve some of society’s hardest challenges, including annihilating disease and ameliorating education. Their organization’s causes include scientific research, energy, health and education.
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