&gt; 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.<p>I can put 99% of my wealth in a LLC and claim I&#x27;m giving it away. that doesn&#x27;t make it <i>true</i>.<p>If he was being honest and genuine, it would be in a charitable trust or a non-profit foundation. Unless by &quot;give away&quot; he means &quot;invest in companies and&#x2F;or political lobbying&quot;. [ Hint: Charitable Trusts would function like a LLC in many respects with the <i>guarantee</i> at the end that the money would flow to a charitable cause in the end. ]