Zuckerberg philanthropy effort tests uncharted waters

SAN FRANCISCO, CA - APRIL 30: Facebook CEO Mark Zuckerberg delivers the opening kenote at the Facebook f8 conference on April 30, 2014 in San Francisco, California. Facebook CEO Mark Zuckerberg kicked off the annual one-day F8 developers conference. Justin Sullivan/Getty Images/AFP== FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

WASHINGTON: Following the stunning news of their US$45bil (RM190.71bil) philanthropy initiative, Facebook founder Mark Zuckerberg and his wife face the challenging task of ensuring the staggering sum is put to good use. 

The announcement on Dec 1 by Zuckerberg and Priscilla Chan said the couple would donate 99% of their shares in Facebook over their lifetime to causes “to improve the lives of all those coming into this world.”