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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

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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C-Suite

Henry Kravis
Wall Street billionaire turned an hour meeting with Disney’s cofounder into an entire day together—all he did was read a report most analysts ignored

Before building the $80 billion Wall Street giant KKR, Henry Kravis met with Walt Disney’s brother Roy and learned the importance of doing your homework.

By Preston ForeJune 30, 2026
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I grew BDO from $600 million to $3.4 billion. Here’s the 3-part formula that made it possible
By Wayne BersonJune 30, 2026
Jamie Dimon isn’t giving up the top job. That’s turned JPMorgan into a poaching ground for CEO talent
Jamie Dimon isn’t giving up the top job. That’s turned JPMorgan into a poaching ground for CEO talent
By Ruth UmohJune 30, 2026
Fed’s Barkin warns of high inflation, but sees signs of relief
Fed’s Barkin warns of high inflation, but sees signs of relief
By Catarina Saraiva and BloombergJune 28, 2026
Coworkers watching World Cup at a bar
How smart employers are turning the World Cup into a workplace win
By Emma BurleighJune 29, 2026
As JPMorgan’s CEO race heats up, the case for a two-person succession contest is put to the test
As JPMorgan’s CEO race heats up, the case for a two-person succession contest is put to the test
By Ruth UmohJune 29, 2026
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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
Meet the only Black woman chair of the board in the Fortune 500
NewslettersMeet the only Black woman chair of the board in the Fortune 500
By Emma HinchliffeJune 30, 2026
Warren Buffett breaks from a ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens
SuccessWarren Buffett breaks from a ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens
By Sydney LakeJune 30, 2026
Anthropic CEO Dario Amodei pointing to his head.
AIAt the heart of Anthropic’s clashes with the U.S. government, a decision not to play by the new rules of Trump’s Washington
By Jeremy KahnJune 30, 2026
Top CD rates from major banks June 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceTop CD rates from major banks on June 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 30, 2026
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Delphine Viguier-Hovasse, chief innovation and prospective officer at L’Oréal speaking at a conference
EuropeForget speed: L’Oréal’s innovation chief says AI rewards companies with history
By Francesca CassidyJune 22, 2026
  • Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
    BankingVietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas
    By Angelica AngJune 16, 2026
Three coworkers sit around a computer.
NewslettersThe executive assistant role isn’t dying. It’s getting promoted
By Kristin StollerJune 22, 2026
Why Temasek’s CFO is moving into a new power role
NewslettersWhy Temasek’s CFO is moving into a new power role
By Angelica AngJune 22, 2026
Brian Niccol photographed at Chipotle's Cultivate Center in Irvine, CA on February 27, 2023.
C-SuiteAI is turning CMOs into some of the most powerful executives in business
By Ruth UmohJune 22, 2026
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during a Bloomberg Television interview on the sidelines of the JPMorgan China Summit in Shanghai, China, on Thursday, May 21, 2026.
EconomyIf you’re surprised by how well the stock market is doing, so is Jamie Dimon—he says there’s a ‘little tsunami’ heading for the economy
By Eleanor PringleJune 21, 2026
Photo of Evy Poumpouras
SuccessFormer U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: ‘You don’t get high performers, you get sloppiness’
By Sydney LakeJune 21, 2026
  • Robinhood CEO Vladimir Tenev smiles during the ringing of the Opening Bell at the New York Stock Exchange last March.
    CryptoRobinhood announces it will reduce headcount by 10%, CEO seeks to avoid ‘heavily-layered’ organization
    By Camila Grigera NaónJune 16, 2026
Kamala Harris
SuccessFormer VP Kamala Harris says she went through a nine-hour interview to land the job—but she couldn’t escape ‘gold medal depression’ even when she won
By Emma BurleighJune 21, 2026
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EuropeClaude Guillemot, who built Ubisoft into a gaming empire, dies at 69 in plane crash
By Angela Charlton and The Associated PressJune 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
SpaceX executives celebrate the IPO with confetti
C-SuiteMeet the SpaceX insiders Elon Musk trusts to run his $2.4 trillion dollar empire
By Lily Mae LazarusJune 20, 2026
With the exits of Apple’s Tim Cook and Dow’s Jim Fitterling, the Fortune 500 is losing two groundbreaking gay CEOs—leaving just one 
C-SuiteWith the exits of Apple’s Tim Cook and Dow’s Jim Fitterling, the Fortune 500 is losing two groundbreaking gay CEOs—leaving just one 
By Phil WahbaJune 20, 2026
  • Young worker dreams while working
    SuccessThe CEO of $3 billion Michaels tells young workers to quit daydreaming and take risks because ‘the universe rewards doing things in action’
    By Emma BurleighJune 16, 2026
The highest-paid hospital CEO made $43 million last year all while Americans hold $220 billion in medical debt
HealthThe highest-paid hospital CEO made $43 million last year all while Americans hold $220 billion in medical debt
By Cassie McGrath and Healthcare BrewJune 19, 2026
Jeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
EnvironmentJeff Bezos pledged $10 billion for climate change. With the 2030 clock ticking, his wife, Lauren Sánchez Bezos, is leading the charge to spend it
By Sydney LakeJune 19, 2026
Samantha Gloede
CommentaryBoards must avoid sleepwalking into the AI era. KPMG’s Global AI risk chief has a survival guide
By Samantha GloedeJune 19, 2026
TIAA President and CEO Thasunda Brown Duckett on Fortune’s 'Titans and Disruptors of Industry' podcast.
Success‘Work-life balance is a lie’: TIAA’s CEO broke down at a bus terminal after a long work day, then found a better way to think about it
By Emma BurleighJune 19, 2026
Arianna Huffington swears by one boundary to switch off from work every night—and Ralph Lauren’s CHRO says it’s the best thing she’s ever done too
SuccessArianna Huffington swears by one boundary to switch off from work every night—and Ralph Lauren’s CHRO says it’s the best thing she’s ever done too
By Orianna Rosa RoyleJune 19, 2026
Fortune 500 Power Moves: Which executives gained and lost power this week
C-SuiteFortune 500 Power Moves: Which executives gained and lost power this week
By Fortune EditorsJune 18, 2026
Dario Amodei
SuccessDario Amodei has only 1 direct report, his chief of staff—and everyone else reports to his sister: ‘It’s incredibly freeing’
By Preston ForeJune 18, 2026
The U.S. Polo Assn. CEO
SuccessMeet the CEO of US Polo Assn: He grew up in one of America’s poorest regions and now hosts Prince William and runs a $2.7 billion brand
By Orianna Rosa RoyleJune 18, 2026
PayPal mafia member and ex–Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades
Startups & VenturePayPal mafia member and ex–Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades
By Allie GarfinkleJune 17, 2026
Jeff Bezos
AI‘AI is going to create a labor shortage’: Jeff Bezos sees more jobs being created in the new economy, not less
By Catherina GioinoJune 17, 2026
Brinker’s CIO spent years rebuilding restaurant tech. Now, the Chili’s operator is ready to explore more AI
NewslettersBrinker’s CIO spent years rebuilding restaurant tech. Now, the Chili’s operator is ready to explore more AI
By John KellJune 17, 2026
jensen
AIJensen Huang on his relationship with Trump: ‘calls me in the middle of the night’
By Josh Boak and The Associated PressJune 17, 2026
Ned Koh turns in his chair, smiling.
AIA 21-year-old cofounder’s sales pitch to clients begs them to question the company’s results: ‘Do not trust us. Do not trust our model’
By Eva RoytburgJune 17, 2026
Aravind Srinivas, co-founder and chief executive officer of Perplexity
Success‘I have nothing to lose’: Perplexity CEO says fear of failure is ‘the stupidest thing’ holding you back
By Emma BurleighJune 17, 2026
Kevin O’Leary slams work-life balance, saying it’s complete nonsense and founders should work ’25 hours a day, 8 days a week’
SuccessKevin O’Leary slams work-life balance, saying it’s complete nonsense and founders should work ’25 hours a day, 8 days a week’
By Sydney LakeJune 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
An executive team together in a conference meeting room in contemporary modern office.
NewslettersCFO pay surged 8% last year—and long-term incentives now account for 63% of the average package
By Sheryl EstradaJune 17, 2026
He fled Iran for the American Dream, became a millionaire, and could have retired—instead, he built the health tech that saved his father from cancer
SuccessHe fled Iran for the American Dream, became a millionaire, and could have retired—instead, he built the health tech that saved his father from cancer
By Orianna Rosa RoyleJune 17, 2026
Citi, Ford, and Experian share their strategies for scaling AI agents
C-SuiteCiti, Ford, and Experian share their strategies for scaling AI agents
By Alexei OreskovicJune 16, 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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