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05 July, 2016

Zuckerberg said in December that he intended to put 99 per cent of his Facebook shares into a new philanthropy project focusing on human potential and equality. Advertisement The creation of the Class C shares would allow Zuckerberg to sell the non-voting stock, but keep the voting Class A and Class B shares that would let him retain control of Facebook.

http://www.smh.com.au/it-pro/business-it/facebook-plan-to-let-zuckerberg-give-away-wealth-remain-at-helm-20160621-gpo54p.html