Facebook's Zuckerberg and wife Priscilla Chan to donate $45 billion to charity

Facebook founder and CEO Mark Zuckerberg and his wife Priscilla Chan have made a number of big announcements. The couple has formed Chan Zuckerberg Initiative, an organization with the mission to advance human potential and promote equality.

The Initiative's areas of focus will include personalized learning, curing disease, connecting people and building strong communities. The bigger announcement was that Priscilla and Mark are contributing 99% of their Facebook shares -- currently worth about $45 billion as of today -- during their lives to advance the Chan Zuckerberg Initiative mission. Last but not the least, the couple also announced the birth of their daughter, Max Chan Zuckerberg, who was born Thanksgiving Week and is the inspiration for their charity.