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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
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TikTok arsonist in Wisconsin gets 7 years in prison after his fiery fury over the idea of losing his social media fix

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March 5, 2026, 4:32 PM ET
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This undated photo provided by the Fond du Lac County Sheriff's Department and the Fond du Lac County District Attorney's Office on Nov. 10, 2025, shows Caiden Stachowicz. Fond du Lac County Sheriff's Department and the Fond du Lac County District Attorney's Office via AP, File
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A Wisconsin man who allegedly told police he tried to set fire to a Republican congressman’s office last year because he was angry that the lawmaker backed a bill requiring TikTok’s Chinese owner to sell off its U.S. operations was sentenced Thursday to seven years in prison.

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In addition to the prison time, Fond du Lac County Circuit Judge Tricia Walker sentenced 20-year-old Caiden Stachowicz to seven years of extended supervision, court records show.

Stachowicz, of Menasha, pleaded no contest to an arson charge in November. Prosecutors dropped burglary and property damage counts in exchange for Stachowicz’s no contest plea, which isn’t an admission of guilt but is treated as such for the purposes of sentencing.

Stachowicz’s attorney, Timothy Hogan, didn’t immediately respond to a message seeking comment.

According to a criminal complaint, a police officer responded to a fire outside Republican U.S. Rep. Glenn Grothman’s office in Fond du Lac, about 55 miles (90 kilometers) northwest of Milwaukee, at around 1 a.m. on Jan. 19, 2025, and saw Stachowicz standing nearby.

He told the officer that he started the fire because he doesn’t like Grothman, according to the complaint. He initially planned to break into the office and start the fire inside but he couldn’t break the window, so he poured gas on an electrical box behind the building and around the front of the building, lit a match and watched it burn, according to the complaint.

He said he wanted to burn down the office because the federal government was shutting down TikTok in violation of his constitutional rights and peace was not longer an option, the complaint states. He added that Grothman voted for the shutdown, but he didn’t want to hurt Grothman or anyone else.

Grothman voted for a bill in April 2024 that required TikTok’s China-based company, ByteDance, to sell its U.S. operation. The deadline was Jan. 19, 2025, but President Donald Trump has issued multiple executive orders prolonging it. TikTok finalized a deal two months ago to create an American version of of the social video platform. Trump praised the deal.

A spokesperson for Grothman’s congressional office didn’t immediately respond to a message seeking comment.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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