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[Comment] The black box warning on philanthrocapitalism

On Sept 21, 2016, Mark Zuckerberg and his wife Priscilla Chan announced plans to invest US$3 billion in a mission to “cure, prevent or manage all diseases” by 2100, part of an earlier promise to donate 99% of their stock in Facebook, a company Zuckerberg founded. It is the latest example in a growing number of pledges by billionaires to give away their wealth for social causes rather than pass it down to descendants. On the face of it, the pledge by Zuckerberg and Chan is generous, worthy, and inspired.