Zuck and wife want to cure world
Mark Zuckerberg and his wife have pledged $3-billion over the next decade to help banish or manage all disease, pouring some of the Facebook founder's fortune into innovative research.
"This is a big goal," Zuckerberg said at a San Francisco event announcing the effort of the Chan Zuckerberg Initiative established by the couple.
"But we spent the last few years speaking with experts who think it is possible, so we dug in."
Zuckerberg and his wife, Priscilla Chan, had their daughter Max late last year. Shortly after, they pledged to donate 99% of their Facebook holdings, or some $45-billion, to "advance human potential and promote equality."
At Wednesday's event, Zuckerberg said their goal is to cure all disease, or at least turn catastrophic illnesses from terminal to manageable or preventable within their daughter's lifetime.
The first investment being made as part of what the Zuckerbergs hoped would become a "collective" effort will be $600-million for the creation of a Biohub in San Francisco where researchers, scientists and others will work to build tools to better study and understand diseases.Taking part in the event on Wednesday was Microsoft billionaire turned global philanthropist Bill Gates, who has made improving health around the world a top goal at the foundation he created with his wife.