Get facts right on Mark Zuckerberg

Editor, RE: Dear Mark Zuckerberg, please keep your shares (Sunday Times, December 6). The author of the piece, Sophie Kamya, is seriously delusional. You see, the author seems to think that inheritance is a right. No. It is a privilege. By saying that, “If my dad were as rich, I would expect a decent inheritance and I would also expect him to consult me and my siblings before giving “our” money away”. She does not get it at all. Terrible article! 2bizzy ********************************** Just a point of clarification on the article, Mark and his wife are giving their own Foundation the funds over a period of more than 20 years. Plus even 1 per cent of today’s $45 billion is still $450 million. Now, why do you think an astute business person (reference to the kids) needs that kind of money to start a business? Most successful people start with way much below than that. Assuming the kid(s) in this case that they are even interested in business at all... What if the kid wants to follow in the mother’s footsteps and become a medical doctor? Many successful business empires that have existed for centuries are, often not, run by family members except them being non executive board members. Often these empires are run by professionals on merit. Now why do we complain when someone decides to spend their hard earned money for posterity? Remember CEO Mark is not the first one and definitely not the last. Same applies to Bill Gates and Warren Buffett. This trend is also evolving in emerging markets. Kudos to Mr and Mrs Zuckerberg. Oulala

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Get facts right on Mark Zuckerberg