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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 4 of 63
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
A man in a crowd holds a sign that says, "Moratorium NOW!"
Environment‘Big Tech is desperate’: Amazon engineers are calling out the tech giant for its $200 billion in data center spending after slashing 30,000 workers
By Sasha RogelbergJune 5, 2026
AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons
AIAI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons
By Marco Quiroz-GutierrezJune 5, 2026
Google CEO Sundar Pichai
AIWorld’s largest sovereign wealth fund backs push for Google oversight on government use of its AI and cloud technology
By Beatrice NolanJune 4, 2026
James Talarico
PoliticsAI is primarily a blue state problem, and Democrats have the most to lose amid brewing voter ‘techlash’
By Tristan BoveJune 4, 2026
Anthropic logo on a phone.
AIAmazon and Google have billions riding on Anthropic. The IPO will finally reveal how much.
By Beatrice NolanJune 4, 2026
Elon Musk listens as reporters ask U.S. President Donald Trump and South Africa President Cyril Ramaphosa questions during a press availability in the Oval Office at the White House on May 21, 2025 in Washington, DC.
Big TechBuried in SpaceX’s IPO: a Tesla merger clue and a $3.75 billion insider windfall for friends and family
By Jim EdwardsJune 4, 2026
A single new sentence in SpaceX’s amended IPO filing could signal the biggest merger in history
Startups & VentureA single new sentence in SpaceX’s amended IPO filing could signal the biggest merger in history
By Shawn TullyJune 4, 2026
Kumo AI cofounders standing in a line. From left: Vanja Josifovski, Hema Raghavan, and Jare Leskovec.
Startups & VentureExclusive: Nvidia snaps up Kumo AI in latest acquisition
By Sharon GoldmanJune 3, 2026
These Fortune 500 companies are bigger than most national economies—here’s where they’d rank as countries
Big TechThese Fortune 500 companies are bigger than most national economies—here’s where they’d rank as countries
By Catherina GioinoJune 3, 2026
Google CEO Sundar Pichai
AIBy every measure, U.S. companies are winning on AI adoption—but a series of high-profile snafus shows they’re getting pummeled by costs
By Tristan BoveJune 3, 2026
Texas is the new capital of the Fortune 500—taking California’s crown
EconomyTexas is the new capital of the Fortune 500—taking California’s crown
By Jacqueline MunisJune 3, 2026
Intel CEO Lip-Bu Tan.
MagazineIntel’s new CEO cut management layers in half. The stock is up nearly 500%
By Jeff John RobertsJune 3, 2026
Microsoft seeks to be AI’s center of gravity again. CEO Satya Nadella is in San Francisco to make the case
AIMicrosoft seeks to be AI’s center of gravity again. CEO Satya Nadella is in San Francisco to make the case
By Sebastian HerreraJune 2, 2026
Jensen Huang, chief executive officer of Nvidia Corp
AIJensen Huang says he pays Nvidia staff ‘as much as possible’ in bid to share the wealth from AI boom
By Eleanor PringleJune 2, 2026
Harvard Law: Anthropic is about to sell a safety mission Wall Street can veto
AIHarvard Law: Anthropic is about to sell a safety mission Wall Street can veto
By Catherina GioinoJune 1, 2026
Anthropic confidentially files for IPO after raising $65 billion in a funding round at a $965 billion valuation
Startups & VentureAnthropic confidentially files for IPO after raising $65 billion in a funding round at a $965 billion valuation
By Bloomberg and Seth FiegermanJune 1, 2026
Jensen Huang says Nvidia is ‘reinventing the personal computer’ as it unveils new powerful AI chips
AIJensen Huang says Nvidia is ‘reinventing the personal computer’ as it unveils new powerful AI chips
By The Associated Press, Chan Ho-Him and TAIJING WUJune 1, 2026
Elon Musk holding a glass of wine during a U.S. diplomatic visit to China
CryptoSpaceX’s $1.4 billion Bitcoin hoard is a strategic reserve—and an accounting headache
By Jack KubinecJune 1, 2026
Samsung’s UK exec admits work-life balance is a myth: ‘Anyone who tells you otherwise is either very lucky or not being entirely truthful’
SuccessSamsung’s UK exec admits work-life balance is a myth: ‘Anyone who tells you otherwise is either very lucky or not being entirely truthful’
By Orianna Rosa RoyleMay 31, 2026
Elon Musk surrounded by Money symbols
InvestingIf Elon Musk merges SpaceX with Tesla he’ll create a $3.4 trillion behemoth—with zero profits
By Shawn TullyMay 31, 2026
Snowflake CEO says monster quarter shows why software firms need new pricing models to thrive in AI age
AISnowflake CEO says monster quarter shows why software firms need new pricing models to thrive in AI age
By Sebastian HerreraMay 30, 2026
Ex–Google CEO Eric Schmidt warns U.S. tech workers: Competing with China’s grueling 12-hour workdays means sacrificing work-life balance
Future of WorkEx–Google CEO Eric Schmidt warns U.S. tech workers: Competing with China’s grueling 12-hour workdays means sacrificing work-life balance
By Marco Quiroz-GutierrezMay 30, 2026
Matt Rogers
CommentaryI worked with Steve Jobs at Apple, where every OS update killed startups. AI founders are about to face the same thing
By Matt RogersMay 30, 2026
Nvidia CFO Colette Kress: ‘AI is no longer a nice-to-have’
MPWNvidia CFO Colette Kress: ‘AI is no longer a nice-to-have’
By Sheryl EstradaMay 30, 2026
sam
CommentaryThe AI economy could crash on mounting chip costs — and those token costs won’t help
By Rakesh KumarMay 30, 2026
Exclusive: Microsoft is building a super app that combines coding, chat, and other Copilot AI tools
AIExclusive: Microsoft is building a super app that combines coding, chat, and other Copilot AI tools
By Sebastian HerreraMay 29, 2026
Prosecutors issue Google insider trading charges after an employee made more than $1.2 million on Polymarket
North AmericaProsecutors issue Google insider trading charges after an employee made more than $1.2 million on Polymarket
By Wyatte Grantham-Philips and The Associated PressMay 29, 2026
t
CommentaryGirls Who Code CEO: 70% of teen girls want to work in cybersecurity. We’re losing them before they start
By Tarika BarrettMay 29, 2026
blue
InnovationJeff Bezos admits to ‘very rough day’ as Blue Origin rocket explodes days after new NASA contract
By Marcia Dunn and The Associated PressMay 29, 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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