< 1 min read

When Facebook purchases your company for $19 billion, people conjecture about your future philanthropy--e.g., Brian Acton and Jan Koum of WhatsApp.

"Okay, notice I've asked how and when these two newly minted billionaires will give away their fortunes, not whether. Why's that? Because a person can't actually spend $6.8 billion, which is what Koum netted when Facebook acquired WhatsApp last week, or even $3.8 billion, which is Brian Acton's cut. Unless it evaporates in the stock market or is squandered on poor investments, most of the money will eventually go to philanthropy because there's not a lot of other places where it can go. So what does the philanthropic future hold for these two guys?" -- David Callahan, Inside Philanthropy


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