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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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Big Tech

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
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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
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‘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
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CryptoWhat the world learned from the American century: The global wealth pyramid turns into a fat diamond spinning top
By Nick LichtenbergJune 30, 2026
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By Tales Azzoni and The Associated PressJune 11, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
EconomyT-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
By Jim EdwardsJune 11, 2026
Microsoft co-founder Bill Gates (C) arrives for a closed-door interview with the House Oversight Committee on Capitol Hill in Washington, DC, on June 10, 2026.
LawGates testifies on Epstein: previous Fortune investigation reveals payments to his ex-girlfriend, $1M Microsoft deal
By Eva Roytburg, Joey Cappelletti, Hannah Schoenbaum and The Associated PressJune 10, 2026
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out
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By Jacqueline MunisJune 10, 2026
Xbox CEO Asha Sharma
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By Preston ForeJune 10, 2026
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AIOpenAI and Nvidia CEOs didn’t flinch at Trump’s $100,000 H-1B visa fee, and now they’re paying up as their application numbers soar
By Jacqueline MunisJune 10, 2026
Xbox CEO Asha Sharma speaks on stage at Fortune Brainstorm Tech 2026.
Big Tech‘Not an Allbirds Moment’: Xbox’s new CEO says she is grounding the console in gaming roots, not AI
By Sebastian HerreraJune 9, 2026
Options trader Chris Daytona, right, works on the floor of the New York Stock Exchange, Wednesday, June 3, 2026.
InvestingMystery NASDAQ selloff adds tension into a make-or-break week for the AI trade
By Stan Choe and The Associated PressJune 9, 2026
Opening offices in 120 countries is ‘not a badge of honor’—pick 30 instead says iconic former tech CEO
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By Jeff John RobertsJune 9, 2026
Alex Karp
SuccessPalantir CEO Alex Karp says executives who brag about their AI cuts might as well ‘sign up for the Bernie Sanders manifesto’
By Preston ForeJune 9, 2026
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO
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By Jim EdwardsJune 9, 2026
Pentagon accuses Alibaba, Baidu and BYD, three of China’s biggest companies, of supporting the Chinese military
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By Kate O'Keeffe and BloombergJune 8, 2026
Twitch CEO: Social media has become ‘antisocial’ and can’t match the shared, human connection of livestreaming
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By Sebastian HerreraJune 8, 2026
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By Beatrice NolanJune 8, 2026
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OpenAI readies ‘superapp’ pivot ahead of planned IPO, FT reports
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AIElon Musk bulletproofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla
By Amanda GerutJune 6, 2026
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By Jason MaJune 5, 2026
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AIGoogle forced to allow news sites to opt out of AI scraping in ‘world first,’ UK watchdog says
By Kelvin Chan and The Associated PressJune 5, 2026
nyse
AI‘At some point you’ve got to make money’: Goldman’s top AI skeptic warns the clock is running out ahead of OpenAI and Anthropic IPOs
By Nick LichtenbergJune 5, 2026
Elon Musk stares
Personal FinanceThe S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway
By Jim EdwardsJune 5, 2026
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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
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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 fasterplaceholder alt text
By Preston ForeJune 27, 2026
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