Mark Zuckerberg is officially a dad!

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Facebook CEO Mark Zuckerberg is officially a dad!

"Priscilla and I are so happy to welcome our daughter Max into this world," Zuckerberg posted on his Facebook page.

Max is short for Maxima.

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To celebrate her birth, he and his wife, Priscilla Chan, plan to donate 99% of their Facebook shares - about $45 billion - to "advancing human potential and promoting equality" through a new organization called the Chan Zuckerberg Initiative.

Zuckerberg will still retain majority voting rights in Facebook.

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The new company will fund nonprofits and focus initially on personalized learning, curing disease, connecting people, and building strong communities.

Here's Zuckerberg's full post, including a letter that he and Chan wrote to their daughter about the world they hope she grows up in:

And here's a video the new parents made talking about Max and the Chan Zuckerberg Initiative:

A few weeks before Max's birth, Priscilla and Mark took a morning to reflect and record their hopes for their daughter and all children of her generation.

Posted by Chan Zuckerberg Initiative on Tuesday, 1 December 2015

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