Mark Zuckerberg and his wife Priscilla Chan made two announcements Tuesday.

The first was the birth of their daughter Max. The second was that they were selling off their Facebook stocks to start a new company, the Chan Zuckerberg Initiative.

The shares, valued at $45 billion, will go towards the company's new charity efforts, making the couple two of the largest names in tech getting in on philanthropy.

Rebecca Koenig, reporter for the Chronicle of Philanthropy, expalined why so many young wealthy techies are gaining an interest in altruism.

To hear the full interview, click on the blue player above.