Question: How much would invested by Mark Zuckerberg, Facebook’s chief executive and his wife, Dr. Priscilla Chan over the next decade toward preventing, curing or managing all diseases by the end of the century?
(a) $5 billion
(b) $4 billion
(c) $3 billion
(d) $2 billion
Related facts:
Ans: (c)
- On 21 September 2016 Mark Zuckerberg, Facebook’s chief executive and his wife, Dr. Priscilla Chan announced to invest $3 billion over the next decade toward preventing, curing or managing all diseases by the end of the century.
- It was announced at an event in University of California, San Francisco.
- The Chan Zuckerberg Initiative’s structure as a limited liability company gives it freedom to also spend on for-profit companies and political donations.
- Some traditional philanthropies, which have spending restrictions and targets they must meet, disapprove of the L.L.C. structure.
- The Chan Zuckerberg Initiative’s science work will be led by Cori Bargmann, a neuroscientist at Rockefeller University in New York. The first project will be the Chan Zuckerberg Biohub, an independent research center in San Francisco that will bring together engineers, computer scientists, biologists, chemists and others.
- Formed in partnership with Stanford, the University of California, Berkeley, and the University of California, San Francisco, it will receive initial funding of $600 million over 10 years.
Reference:
http://www.usatoday.com/story/tech/news/2016/09/21/mark-zuckerberg-priscilla-chan-chan-zuckerberg-initiative/90790572/
dge-fight-disease.html?_r=0
http://www.usnews.com/news/business/articles/2016-09-21/the-zuckerbergs-have-a-new-charitable-goal-end-all-disease