> I am no fan of Facebook, but man, the amount of vitriol coming out about this move just astounds me. Giving away 99% of your wealth is apparently not commendable unless you do it just right. Meanwhile, how much are the commenters themselves giving away? Oh, somewhat less than 99%? Yeah.

I can put 99% of my wealth in a LLC and claim I'm giving it away. that doesn't make it true.

If he was being honest and genuine, it would be in a charitable trust or a non-profit foundation. Unless by "give away" he means "invest in companies and/or political lobbying". [ Hint: Charitable Trusts would function like a LLC in many respects with the guarantee at the end that the money would flow to a charitable cause in the end. ]