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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

1

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

2

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

3

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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Premier League Lacrosse adds Rob Mac, Glen Powell to investors group in historic $100 million funding round

The financing round, led by Ares funds and New York Liberty owner Joe Tsai, also included a minority equity investment from ESPN.

By The Associated PressJune 30, 2026
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It’s so hot in Switzerland that yodelers are standing in fountains
By Jez Fielder and The Associated PressJune 30, 2026
Dave Portnoy
Dave Portnoy quit an $80K sales job to start Barstool—he hand-delivered papers in a secondhand van while living with his girlfriend’s mom for 6 years
By Preston ForeJune 29, 2026
Big-budget ‘Supergirl’ is among DC Studios’ worst flops for an opening weekend and was reportedly trimmed significantly after test screenings
Big-budget ‘Supergirl’ is among DC Studios’ worst flops for an opening weekend and was reportedly trimmed significantly after test screenings
By Jake Coyle and The Associated PressJune 28, 2026
bm
As Bill Maher accepts Mark Twain Prize, the funniest thing is the tarp draped across the Kennedy Center
By Steven Sloan and The Associated PressJune 29, 2026
The CEO behind Grand Theft Auto VI doesn’t play video games, but analysts say he has put $1.5 billion behind the biggest game launch of the decade
The CEO behind Grand Theft Auto VI doesn’t play video games, but analysts say he has put $1.5 billion behind the biggest game launch of the decade
By Marco Quiroz-GutierrezJune 29, 2026
Latest Stories
Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
AIDell’s AI boom is real, but so is the profit margin hit nobody is pricing in
By Mia OsmonbekovJune 30, 2026
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Real EstateGen Z and millennials aren’t convinced the American Dream exists anymore: Only 40% of them can afford to buy a home
By Tristan BoveJune 30, 2026
Russian President Vladimir Putin
EconomyIt started with one viral influencer complaining about Russia’s economy. Now a record 60% of Russians are pessimistic about their country’s outlook
By Tristan BoveJune 30, 2026
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NewslettersAI is minting billion-dollar companies faster than before
By Beatrice NolanJune 30, 2026
Stripe CEO Patrick Collison gestures with his hands as he speaks into a microphone before a congressional committee hearing.
CryptoStripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle
By Camila Grigera NaónJune 30, 2026
kean
PoliticsTom Kean discloses depression diagnosis behind 4-month absence from Congress: ‘until you experience it yourself, it is difficult to fully understand’
By Mike Catalini, Joey Cappelletti and The Associated PressJune 30, 2026
t
CommentaryNetflix could turn NBC into its biggest bet yet — and this time, the math actually works
By Jeffrey Sonnenfeld and Steven TianJune 30, 2026
A woman types into a kiosk at an airport.
Travel & Leisure‘You can expect prices to be high and stay high’: Domestic airfare is skyrocketing faster than international flight costs, despite using less jet fuel
By Sasha RogelbergJune 30, 2026
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R. Kelly
Arts & EntertainmentR. Kelly Ordered Held Without Bond on Sex Crime Charges
By Don Babwin and The Associated PressJuly 16, 2019
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    Arts & EntertainmentCarl Icahn Backs Eldorado Resorts’ $8.6 Billion Deal for Caesars Entertainment
    By Scott Deveau, Christopher Palmeri, Liana Baker and BloombergJune 24, 2019
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Arts & EntertainmentThese Are the Key Surprises and Takeaways From This Year’s Emmy Nominations
By Stacey Wilson HuntJuly 16, 2019
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Arts & EntertainmentNetflix Re-Edits Controversial ’13 Reasons Why’ Suicide Scene Two Years Later
By Isaac FeldbergJuly 16, 2019
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Arts & Entertainment‘Game of Thrones’ Final Season Earns Record-Breaking 32 Emmy Nominations
By Lynn Elber and The Associated PressJuly 16, 2019
About Fletcher: How Spotify ‘Playlisting’ Turned an Unknown Into a Star
TechAbout Fletcher: How Spotify ‘Playlisting’ Turned an Unknown Into a Star
By Robert HackettJuly 15, 2019
FORTUNE Brainstorm Tech 2019
TechMove Over ‘Little Mermaid,’ ‘Barbie’ Movie Will Also Cast Minority Actors, Mattel CEO Says
By Jen WiecznerJuly 15, 2019
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    Arts & Entertainment‘We Didn’t Understand the Risks’: Neil Armstrong’s Sons Remember Life Under an Apollo 11 Astronaut’s Roof
    By Alyssa NewcombJune 23, 2019
R Kelly
Arts & EntertainmentR. Kelly Arrested on Federal Sex Crime Charges Including Producing Child Pornography
By Sara Burnett, Caryn Rousseau and The Associated PressJuly 12, 2019
emmy's-female-led-comedy-contenders
Arts & EntertainmentFemale-Led Series Will Likely Dominate Emmy’s Comedy Contenders
By Stacey Wilson HuntJuly 11, 2019
Harvey Weinstein Defense Team
Arts & EntertainmentJudge Approves Recasting of Harvey Weinstein’s Defense Team as Trial Nears
By Michael R. Sisak, Ali Swenson and The Associated PressJuly 11, 2019
Ja Rule
Arts & EntertainmentJa Rule Escapes Fyre Festival Lawsuit—For Now
By Isaac FeldbergJuly 11, 2019
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CommentaryFear of a Black Mermaid
By Ellen McGirtJuly 9, 2019
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    By Xavier HardingJune 21, 2019
Jay-Z
Arts & EntertainmentJay-Z Is a Cannabis Brand Strategist Now
By The Associated PressJuly 9, 2019
Nicki Minaj
Arts & EntertainmentNicki Minaj Says She Won’t Perform in Saudi Arabia as Planned
By Mesfin Fekadu and The Associated PressJuly 9, 2019
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Arts & Entertainment‘Friends’ Is Officially Leaving Netflix for WarnerMedia’s HBO Max
By Tali Arbel and The Associated PressJuly 9, 2019
Kevin Spacey Arraigned In Nantucket
Arts & EntertainmentMan Who Accused Kevin Spacey of Groping Him Invokes Right Not to Testify
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United States of America v Netherlands : Final - 2019 FIFA Women's World Cup France
Arts & EntertainmentThe Women’s World Cup Final Scores in U.S. TV Ratings
By Isaac FeldbergJuly 8, 2019
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Arts & EntertainmentAfter Mighty $185 Million Bow, Can ‘Spider-Man: Far From Home’ Break a Billion?
By Isaac FeldbergJuly 8, 2019
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By Daniel BentleyJuly 7, 2019
Alfred E. Neuman sign
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By David MeyerJuly 4, 2019
J.A. Bayona
Arts & EntertainmentJ.A. Bayona on Board to Direct Amazon’s ‘Lord of the Rings’ Series, Teases ‘Never Before Seen Story’
By Isaac FeldbergJuly 3, 2019
tom holland-spider man far from home
Arts & EntertainmentDoes ‘Spider-Man: Far From Home’s’ Strong Opening Mark a Turning Point for the Slumping Summer Box Office?
By Isaac FeldbergJuly 3, 2019
Hollywood Sign
Arts & EntertainmentThe Hollywood Writer-Agent Battle Continues With Lawsuits and a New Deal Offer
By Dan ReillyJuly 1, 2019
Taylor Swift
Arts & EntertainmentHere’s Why Taylor Swift Is ‘Grossed Out’ by Scooter Braun Holding Rights to Her Old Music
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One Day at a Time
Arts & Entertainment‘One Day at a Time’ Is Saved—Pop TV Rescues Canceled Netflix Sitcom for Season 4
By Isaac FeldbergJune 27, 2019
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Arts & EntertainmentClassic Rock Is Reanimating Summer 2019’s Movies
By Hugh HartJune 27, 2019
Annabelle Comes Home
Arts & Entertainment‘Annabelle Comes Home’ Possesses $7.2 Million on Opening Day
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By Alanna Durkin Richer and The Associated PressJune 27, 2019
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Arts & EntertainmentDirectors Guild Changes Award Eligibility Rule in Favor of Theatrical Releases
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‘The Office’ Is Leaving Netflix and Your Streaming Bills Will Keep Piling Up
Arts & Entertainment‘The Office’ Is Leaving Netflix and Your Streaming Bills Will Keep Piling Up
By Dan ReillyJune 26, 2019
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Arts & EntertainmentWarnerMedia Chief Makes a Surprise Hire for Warner Bros. CEO: a Television Executive
By Jake Coyle and The Associated PressJune 24, 2019
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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse placeplaceholder alt text
By Sydney LakeJune 29, 2026
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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeJune 27, 2026
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