Mark Zuckerberg and Priscilla Chan Pledge $3 Billion to Fighting Disease - News Summed Up

Mark Zuckerberg and Priscilla Chan Pledge $3 Billion to Fighting Disease


While the Chan Zuckerberg Initiative has already made investments in charter schools and education start-ups, the money toward curing diseases represents the group’s first major initiative in science. Mr. Zuckerberg and Dr. Chan, who are also part of the Giving Pledge and have looked up to Mr. Gates, announced the Chan Zuckerberg Initiative at the end of last year. The Chan Zuckerberg Initiative’s structure as a limited liability company gives it freedom to also spend on for-profit companies and political donations. The Chan Zuckerberg Initiative’s science work will be led by Cori Bargmann, a neuroscientist at Rockefeller University in New York. At the event Wednesday, Mr. Zuckerberg said that if his organization’s plan to cure or manage all disease worked, it should increase human life expectancy to 100 years.


Source: New York Times September 21, 2016 21:03 UTC



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