Mark Zuckerberg and Priscilla Chan are spending $3B to cure all disease, naturally

Mark Zuckerberg and his wife Priscilla Chan have already vowed to give away 99 percent of their earnings to charity.

Just last week, an earnings report was released that showed that the couple has donated $258M to date.

SEE ALSO: Mark Zuckerberg has reached $285M in charity donations, according to new filing

In the latest update in the Chan-Zuckerberg donation story comes this: The couple is now pledging to donate upwards of $3B to work on curing diseases.

Chan, who's a pediatrician at San Francisco General Hospital, said Wednesday at an event for the Chan-Zuckerberg initiative (the couple's philanthropic network):

"Can we work together to cure, prevent or manage all disease within our children's lifetime? Mark and I believe that this is possible."

Zuckerberg and Chan will begin with a massive $600M donation to Biohub, a San Francisco research facility that will help develop tools in treating disease by initiating collaboration between scientists from UC San Francisco, Stanford University and UC Berkley.

Bloomberg elaborates:

"The couple plans to work with scientists, doctors, engineers and universities to achieve their goal, in part by building tools and technology."

The position of President of Science of the couple's project will be Neurobiologist Cori Bergmann.

Zuckerberg knows, however, the road ahead is long and the couple's goals won't be met overnight:

"This is a big goal and we thought this was really aggressive when we got started. But when you get into it, one of the first things that strikes you is medicine has only been a modern science for about a century... it's going to be years before the first tools get built, and years after that before they actually get used to cure diseases."

However, the couple knows that it is possible.

Chan boldly affirmed:

"[Mark and I] set a goal: Can we cure all diseases in our children's lifetime? That doesn't mean that no one will ever get sick. But it does mean that our children and their children should get sick a lot less. And that we should be able to detect and treat or at least manage it as an ongoing condition."

We can't wait to see the leaps and bounds the couple makes in as time progresses – we're definitely hitting the 'like' button on this initiative!

RELATED: 15 Mark Zuckerberg quotes every businessperson needs to read

Mark Zuckerberg quotes
See Gallery
Mark Zuckerberg quotes

"In a world that's changing really quickly, the only strategy that is guaranteed to fail is not taking risks." 

Photo credit: Shutterstock

"People don't care about what you say, they care about what you build."

Photo credit: Getty

"You are better off trying something and having it not work and learning from that than not doing anything at all."

Photo credit: Getty

“In terms of doing work and in terms of learning and evolving as a person, you just grow more when you get more people’s perspectives.”

Photo credit: Getty

"People can be really smart or have skills that are directly applicable, but if they don't really believe in it, then they are not going to really work hard."

Photo credit: Getty

"Building a mission and building a business go hand-in-hand."

Photo credit: Getty

"We look for people who are passionate about something. In a way, it almost doesn't matter what you're passionate about."

Photo credit: Getty

"The question I ask myself like almost every day is, 'Am I doing the most important thing I could be doing?' ... Unless I feel like I'm working on the most important problem that I can help with, then I'm not going to feel good about how I'm spending my time.”

Photo credit: Getty

"Move fast and break things. Unless you are breaking stuff, you are not moving fast enough."

Photo credit: Getty

“People think innovation is just having a good idea but a lot of it is just moving quickly and trying a lot of things.”

Photo credit: Getty

"I think a simple rule of business is, if you do the things that are easier first, then you can actually make a lot of progress."

Photo credit: Getty

"The question isn't, 'What do we want to know about people?', It's, 'What do people want to tell about themselves?'"

Photo credit: Getty

“So many businesses get worried about looking like they might make a mistake, they become afraid to take any risk. Companies are set up so that people judge each other on failure.”

Photo credit: Getty

“I would rather be in the cycle where people are underestimating us. It gives us latitude to go out and make big bets that excite and amaze people.”

Photo credit: Getty

"My goal was never to just create a company. A lot of people misinterpret that, as if I don't care about revenue or profit or any of those things. But what not being 'just' a company means to me is building something that actually makes a really big change in the world."

Photo credit: Getty 


More on
Apple is considering buying carmaker McLaren, report says
You need to see the absolutely absurd new product that Apple just patented
Apple Inc.'s silent killer: Obscure smartphone newcomers in China

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.