Today is a very special day for Michael Douglas. The actor was presented with the Genesis Prize, which is often referred to as the Jewish Nobel Prize, in Jerusalem. Douglas wife Catherine Zeta-Jones and two children Carys and Dylan also attended the prestigious affair in honor of the A-lister, and by the looks of it, the good-looking apples didn't fall too far from the tree! Catherine and Michael's kids look like spitting images of their famous parents and were all smiles during the event honoring the 70-year-old. Israeli Prime Minister Benjamin Netanyahu presented the prize—which totals a whopping $1 million dollars—to Michael while Jay Leno hosted the affair. Catherine showed her support by posting a family pic on Instagram with the following caption: "So proud of Michael for being honored with @thegenesisprize. We're having an amazing family vacation! Happy Summer Everyone!" During his acceptance speech, Michael vowed to use the funds to help build a bridge between the Israelis and Jewish communities across the globe. "Abraham's tent had its flaps open and so hopefully since approximately half of the Jewish population in the world is outside of Israel, we can find ways to better understand each other and to grow together." Back in March, the actor spoke out about an incident in which his son was faced with what he described as "anti-Semitism." PHOTOS: Cutest celeb kids on Instagram "I sat down with my son and said: 'Dylan, you just had your first taste of anti-Semitism.'" Douglas wrote in an op-ed piece in the Los Angeles Times. "Anti-Semitism, I've seen, is like a disease that goes dormant, flaring up with the next political trigger…It's a lesson that I wish I didn't have to teach him, a lesson I hope he will never have to teach his children."