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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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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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Anthropic CEO Dario Amodei pointing to his head.
At the heart of Anthropic’s clashes with the U.S. government, a decision not to play by the new rules of Trump’s Washington

Most tech companies have tried to curry favor with the White House and hired ‘Trump whisperers.’ Anthropic has stood on principle, and suffered the consequences.

By Jeremy KahnJune 30, 2026
Mark Zuckerberg, CEO of Meta
AI stocks are in an ‘air pocket’ and Meta and Microsoft are being traded like ‘bear market names that cannot be owned,’ top analyst says
By Jim EdwardsJune 30, 2026
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
By Tristan BoveJune 29, 2026
Photo of Michael Saylor
Strategy may sell up to $1.25 billion in Bitcoin to calm investor jitters
By Camila Grigera NaónJune 29, 2026
Hyperscalers could end up resembling airlines—plagued by small margins, intense competition, and high expenses, AI skeptic warns 
Hyperscalers could end up resembling airlines—plagued by small margins, intense competition, and high expenses, AI skeptic warns 
By Jason MaJune 29, 2026
swisher
‘Podcasts are the NBA’: Scott Galloway on Kara Swisher’s big success — ‘there’s a small amount of people making a lot of money’
By Steven Sloan and The Associated PressJune 29, 2026
Latest Stories
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
Image of colored bar charts with one being pushed up.
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
Young worker at desk
SuccessRemote-first fintech giant Revolut is making the office compulsory for new Gen Z grads—and they’ll earn flexibility like their peers after one year
By Emma BurleighJune 30, 2026
mill
InvestingAmerica added more than 1,200 millionaires per day in 2025, but the heyday of the ‘everyday millionaire’ is already over
By Nick LichtenbergJune 30, 2026
More Big TechPage 2 of 63
SpaceX’s drop-off sees Elon Musk’s net worth fall $240 billion—roughly the same value as computing giant IBM
InvestingSpaceX’s drop-off sees Elon Musk’s net worth fall $240 billion—roughly the same value as computing giant IBM
By Eleanor PringleJune 23, 2026
Steve Jobs became a billionaire thanks to a Pixar gamble. Now ‘Toy Story 5’ is breaking box office records thanks to that bet
Arts & EntertainmentSteve Jobs became a billionaire thanks to a Pixar gamble. Now ‘Toy Story 5’ is breaking box office records thanks to that bet
By Marco Quiroz-GutierrezJune 22, 2026
Nvidia says its new data center design will fix AI’s water problem
EnvironmentNvidia says its new data center design will fix AI’s water problem
By Jacqueline MunisJune 22, 2026
Protesters at an anti-data center rally in Orangeburg, New York.
AITech companies dealing with data center protests locally are fighting a losing battle: Only 8% of opponents actually live near one
By Tristan BoveJune 22, 2026
Barun Kar and Rajiv Khemani
Startups & VentureExclusive: Upscale AI wants to be the next Cisco—and it just raised another $190 million
By Lily Mae LazarusJune 22, 2026
Shin Hyun Song, governor of the Bank of Korea.
EconomySouth Korean chipmakers are being paid such massive bonuses it’s becoming an inflation problem for the central bank
By Eleanor PringleJune 22, 2026
Photo of Jensen Huang
SuccessNvidia CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world
By Preston ForeJune 20, 2026
Executive pay climbed again in 2025—and the CEO-to-worker gap kept widening
C-SuiteExecutive pay climbed again in 2025—and the CEO-to-worker gap kept widening
By Catherina GioinoJune 20, 2026
Why odds of SpaceX merger with Tesla keep climbing every time the stock shoots up
Big TechWhy odds of SpaceX merger with Tesla keep climbing every time the stock shoots up
By Shawn TullyJune 20, 2026
Sam Altman looks down and to the side, frowning.
AISam Altman was ‘0%’ excited to be a CEO of a public company—but OpenAI is taking steps to compete in the AI IPO blitz anyway
By Sasha RogelbergJune 19, 2026
The week that changed AI: Inside Trump’s Anthropic crackdown, and how a phone call from Amazon CEO Andy Jassy triggered the chaos
AIThe week that changed AI: Inside Trump’s Anthropic crackdown, and how a phone call from Amazon CEO Andy Jassy triggered the chaos
By Sebastian Herrera and Beatrice NolanJune 18, 2026
Gary Lockwood talks to Keir Dullea in a scene from the film '2001: A Space Odyssey', 1968.
AIGoogle DeepMind unveils plan to protect itself from its own rogue AI agents
By Jeremy KahnJune 18, 2026
Apple prepares second-generation iPhone Air for spring 2027
Big TechApple prepares second-generation iPhone Air for spring 2027
By Mark Gurman and BloombergJune 17, 2026
Steve Ballmer
SuccessMicrosoft boss Steve Ballmer publicly dismissed Chrome as a ’rounding error’—but Google’s CEO says he used the jab as fuel to win the browser-wars
By Preston ForeJune 17, 2026
elon musk poses while wearing a suit
AISpaceX’ surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading—and it reveals Elon Musk’s new power
By Lily Mae LazarusJune 16, 2026
CEO of Tesla and SpaceX Elon Musk
InvestingSpaceX just surpassed Amazon’s market cap, overtaking the 31-year-old company on day three of public trading
By Eva RoytburgJune 16, 2026
Dario Amodei, co-founder and chief executive officer of Anthropic, during the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 20, 2026.
AIAnthropic’s IPO pitch has a new problem: The government can shut it down
By Eva RoytburgJune 16, 2026
sa
Big TechOpenAI’s financials have leaked, showing $21 billion in losses against $13 billion in revenue
By Jim EdwardsJune 16, 2026
Google CEO Sundar Pichai
Big TechHundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
By Tristan BoveJune 15, 2026
vinod
C-SuiteSilicon Valley legend Vinod Khosla tears into ‘idiotic, shortsighted, and very selfish’ Gen Z Stanford protests of Google CEO: ‘The stupidity’
By Nick LichtenbergJune 15, 2026
roku
Big TechFox is buying Roku for $22 billion to become the third-largest U.S. TV platform
By Michelle Chapman and The Associated PressJune 15, 2026
Bryan Catanzaro sits in a gray chair in front of a blue and green background.
AI‘The cost of compute is far beyond the costs of the employee’: Nvidia executive says right now AI is more expensive than paying human workers
By Sasha RogelbergJune 14, 2026
A 1% mistake costs $10 billion: Inside the impossible math of managing Elon Musk’s trillionaire SpaceX wealth
Personal FinanceA 1% mistake costs $10 billion: Inside the impossible math of managing Elon Musk’s trillionaire SpaceX wealth
By Sydney LakeJune 14, 2026
nexstar
CommentaryNexstar CEO: big tech swallowed local newspapers. Local TV could be next
By Perry A. SookJune 14, 2026
More and more of Musk’s companies end up under the same roof. Here’s a look at his sprawling empire
C-SuiteMore and more of Musk’s companies end up under the same roof. Here’s a look at his sprawling empire
By The Associated PressJune 13, 2026
How Elon Musk rewrote SpaceX’s story—and turned it into the greatest IPO debut in history
InnovationHow Elon Musk rewrote SpaceX’s story—and turned it into the greatest IPO debut in history
By Shawn TullyJune 13, 2026
Elon Musk
InvestingWhen SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all
By Jim EdwardsJune 12, 2026
Your AI is already setting prices. The real question is who sets the rules
AIYour AI is already setting prices. The real question is who sets the rules
By François Candelon, Paul-Louis Andres and Augustin ManchonJune 12, 2026
A person holds an iPhone as someone next to them points at the screen.
EconomyYou can blame America’s plummeting fertility rate on the iPhone, study finds: ‘People are all depressed and alone and doomscrolling’
By Sasha RogelbergJune 12, 2026
Exclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
CryptoExclusive: Consumer device giant LG Electronics to launch blockchain to place and sell ads
By Jack Kubinec and Ben WeissJune 11, 2026
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Success
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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