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Mark Zuckerberg and his wife, Priscilla Chan, have promised to give 99% of their personal wealth to their charitable initiative

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Facebook CEO Mark Zuckerberg and his wife, Priscilla Chan, have promised to give 99% of their personal wealth to their charitable initiative.

The couple is steering their Facebook stock towards the Chan Zuckerberg Initiative (CZI), which is awarding millions of dollars to projects like eliminating all disease and improving equity in education.

In their first-ever joint network TV interview, the two spoke about what they want to accomplish with the philanthropic endeavour.

Speaking on “CBS This Morning” the couple revealed their plans to give back through their charitable initiative, the CZI company, that turned four years old on Tuesday and has about 400 employees.

Zuckerberg said: “There are a lot of philanthropies that try to bring capital, right? And help fund important work. But there aren’t that many that have the capability to build tools to empower different folks who are on the front lines.”

Chan added: “Teachers, doctors, scientists — we don’t have the right tools to do that. And Mark has such incredible experience of building tools.”

The couple has promised to give the initiative 99% of their personal wealth, mostly in the form of Facebook stock.
“One of the promises that you gave… was you want to eliminate all diseases,” King said. “I heard that and I went, ‘What?’”

Zuckerberg replied: “Well, we’re not going to do that ourselves, but… we do think that it will be possible to cure, prevent, or be able to manage all diseases by the end of this century.”

King noted that it sounded almost “fantastical” and a little “pie-in-the-sky,” to which Chan said: “Setting audacious goals is important, and we need to think about beyond what’s possible.”

Chan said one of those goals is to map every single cell in the human body.
She added: “You would think that we already know all the cells and what they do, and the thing is, we don’t … and we need a reference.”

Zuckerberg said such a biological map could serve as a “very basic building block for a lot of biological research to happen on top of that.”

Recalling how they began working together on the initiative, Zuckerberg said: “One of the first things that she said to me was, ‘Okay, if we’re going to work together on education, you need to go be a teacher somewhere.’ And I was like, ‘I can’t be a teacher. I’m running this company. It’s a public company. I don’t have time to do that.’ And she was like, ‘No’. She was like… ‘There’s no way that we’re going to do this work together if you don’t get some experience doing this.’ So I started this after-school program on entrepreneurship.”

Chan told CBS co-host Gayle King she felt it was important for her husband to gain that practical experience because, “one, it’s so rewarding… and, two, it makes you feel what you read in the news… in a visceral way … and I want you to have that deep gut feeling of, like, ‘This is critical.’”

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NEWS

EeZee Tee Refutes Apostle Anselm Madubuko’s Claims, Reaffirms Transparency and Catalogue Ownership

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 EeZee Tee Refutes Apostle Anselm Madubuko’s Claims, Reaffirms Transparency and Catalogue Ownership
Mercy Chinwo former label EeZee Conceptz has issued an official response to Apostle Anselm Madubuko’s press statement, rejecting claims of financial impropriety and non-cooperation during mediation efforts in its ongoing dispute with former artist Mercy Chinwo.
The label has strongly reaffirmed its transparency, contractual compliance, and rightful ownership of the music catalogue created during Mercy Chinwo’s time with the label.
 In its response, EeZee Conceptz highlighted key inaccuracies in Apostle Madubuko’s account of events, asserting that the mediation process has been hindered by bias and misrepresentation of facts.
 According to EeZee Conceptz, while the Apostle’s press statement attempts to frame the dispute as a financial issue, the real contention has always been the ownership of master rights.
“At the mediation meetings, the artists demanded the transfer of master rights to them, despite the clear terms of their contracts, which state that the music catalogue is owned by the label in perpetuity. These demands are not only legally unfounded but also go against the principles of fairness and respect for agreements,” the label stated.

 The label emphasized that the artists are entitled only to royalties from the catalogue, which have been transparently accounted for.

“No funds were diverted by EeZee Conceptz. This entire campaign against the EeZee Tee  is an orchestrated attempt to forcefully claim ownership of the music catalogue we fully funded and produced. This is a clear violation of the contract terms that both parties agreed to,” the statement added.

 

 EeZee Conceptz also addressed allegations by Apostle Madubuko that it failed to cooperate with the audit process. According to the label, it submitted its financial records to Judikay’s personal auditors to commence the process but faced roadblocks when Apostle Madubuko stopped responding to follow-up attempts to schedule meetings for appointing mutually trusted auditors.

 

“Contrary to the Apostle’s claims, I personally called him several times, sent messages, and even visited his house twice in an effort to reschedule the meeting for appointing new auditors. He assured me he would revert, but to date, I have received no response,” said EeZee Tee, CEO of EeZee Conceptz.

The label further revealed that it endured undue hardship during the dispute, including the nine-day detention of its CEO in Ilorin, during which all personal and corporate accounts were frozen.

However, after extensive investigations into its books, no evidence of financial misconduct was found.

“Despite the ordeal I faced, including losing access to my family and business operations during my detention, our records were thoroughly investigated, and no wrongdoing was discovered. This is a testament to the transparency and integrity with which EeZee Conceptz operates,” the EeZee Tee stated.

 EeZee Conceptz expressed disappointment in what it described as Apostle Madubuko’s biased handling of the mediation process.

“When men of God are entrusted with resolving conflicts, they must approach the matter with fairness, impartiality, and a commitment to truth.

 
 Unfortunately, Apostle Madubuko has allowed bias to cloud his role, making false claims and failing to address breaches on the part of the artist,” the label said.

 The label cited examples from the first mediation meeting, where it raised issues of one of the artists boycotting scheduled events and diverting funds to personal accounts in breach of her contract. According to EeZee Conceptz, the Apostle failed to address these breaches, further questioning the neutrality of the process.

Despite the ongoing challenges, EeZee Conceptz reiterated its commitment to fairness, integrity, and adherence to contractual agreements.

“Throughout our history, EeZee Conceptz has provided periodic financial reports to all our talents, ensuring full transparency. We remain steadfast in our commitment to uphold justice, protect the integrity of our contracts, and defend the investments we have made to support gospel creatives. We trust that the truth will ultimately prevail,” the label concluded.

 

 

Background

The dispute between EeZee Conceptz and Mercy Chinwo has gained significant public attention, centered around claims of unpaid royalties, fund diversion, and disagreements over the ownership of master rights.

 In a press statement dated January 18, 2025, Apostle Anselm Madubuko detailed his involvement as a mediator, accusing EeZee Conceptz of various wrongs.
The label, however, has denied these allegations, maintaining that the real issue lies in attempts to unlawfully claim ownership of its music catalogue.
 The label also revealed that its CEO, EeZee Tee, was detained for nine days during the dispute, during which its accounts were thoroughly investigated, and no wrongdoing was discovered.

 The dispute has seen several failed mediation attempts, including multiple sessions where the focus shifted to the demand for master rights. EeZee Conceptz has maintained that it owns the catalogue in perpetuity and is only obligated to pay royalties to the artist under the terms of their agreement.

 

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NEWS

Prophet Jeremiah Fufeyin’s Generous Act: Donates Over 30 Million Naira to Help Alleviate Soaring Food Prices in Nigeria (Watch Video)

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Billionaire prophet and General Overseer of Christ Mercyland Deliverance Ministry in Warri, Delta State, Prophet Jeremiah Fufeyin, has given out over N30 million in charity to reduce the current economic crisis faced by the masses.

In a viral video on social media, Fufeyin, known for his philanthropic gestures, was seen giving out wads of cash to church members to ameliorate the rising price of food items in the country.

The humanitarian effort has caught the attention of netizens, capturing the hearts of many amid the current challenging times.

Fufeyin has emerged as a beacon of hope by extending a remarkable gesture of kindness towards struggling church members even as he stressed the need for well-meaning Nigerians to help assuage the challenges of the masses.

This spontaneous and substantial donation not only alleviated immediate concerns but also underscored Fufeyin’s deep empathy for those affected by economic hardship.

The response to Fufeyin’s act of benevolence has been overwhelmingly positive, with Nigerians taking to social media platforms to commend his compassion and selflessness. Amidst a climate of economic uncertainty and rising living costs, Fufeyin’s initiative has resonated deeply, sparking discussions about the importance of generosity and communal support during trying times.

Fufeyin expressed his motivation for the donation, citing a desire to alleviate the suffering of his church members and fellow Nigerians in tangible ways.

He emphasised the necessity of collective action in addressing societal challenges and urged others, particularly those in positions of influence, to contribute towards uplifting the less fortunate.

The impact of Fufeyin’s philanthropy extends beyond financial assistance, serving as a powerful reminder of the potential for positive change when individuals leverage their resources for the greater good of all.

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Entertainment

Big Dreams, is set to release his debut Single’s , ‘Vanity & Painful On January 26th

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Delta State Born Singer, Big Dreams, is set to release his debut album,My Way ‘,’Coming Soon.

With they announcement of his two singles which are set to be released on 26 January 2024.

In the digital era of Afrobeats, the music superstar, Big Dreams, has established a name for himself thanks to a succession of great singles and collaborations.

They man of they moment has done great works, therefore this album will set a pathway to Greatness.

The musician made this announcement via his Twitter account. He characterized the album as everything he desires and all he stands for.

 

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