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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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Future of Work

Young worker at desk
Remote-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

Revolut is pulling back its remote-first perks for grads in 2027—but those who succeed in the program have a shot at the digital nomad lifestyle.

By Emma BurleighJune 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
paralegal
The most reassuring argument about AI and jobs quietly explains why Gen Z can’t get one
By Nick LichtenbergJune 29, 2026
Photo of Bryan and Shannon Miles
This entrepreneurial couple cashed out their 401(k)s and sold a $126 million company—now they run a U.K. soccer team
By Emma BurleighJune 28, 2026
Target worker stocks shelves
Target is starting to track employees’ unexcused lateness and absences with a points system—and if they rack up 12, they’re fired
By Emma BurleighJune 29, 2026
Sofia
This CEO became 3x more productive with AI. Then she read what her daughter wrote about it at Dartmouth
By Maria Colacurcio and Sofia FreiJune 28, 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
Young couple looking sad in front of a home with a for sale sign
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
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
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LeadershipAssigning blame too quickly for failures at work can backfire—big time
By Claire ZillmanSeptember 8, 2015
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    CommentaryWhat Amazon’s workplace controversy says about the future of work
    By Ed Frauenheim and Robert LeveringAugust 21, 2015
Striking McDonald's worker Abran Escarzaga, 31, protests outside McDonald's in Los Angeles
LeadershipLabor Day: 3 reasons unions should be celebrating this year
By Claire ZillmanSeptember 6, 2015
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TechThe unsung hero of meetings at Twitter is Google Hangouts
By Derrick HarrisSeptember 4, 2015
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TechNew MIT course promotes holistic approach to product design and sales
By Barb DarrowSeptember 4, 2015
EA’s Peter Moore sees explosion of women in game development
TechEA’s Peter Moore sees explosion of women in game development
By John GaudiosiSeptember 4, 2015
Microsoft buys ‘people analytics’ startup VoloMetrix
TechMicrosoft buys ‘people analytics’ startup VoloMetrix
By Heather ClancySeptember 3, 2015
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    TechGame on: How chess computers became logistics masterminds
    By David Z. MorrisAugust 21, 2015
job interview
LeadershipWhy being assigned a coach is a compliment
By September 3, 2015
Donald Trump
CommentaryWhat Donald Trump’s age tells us about the future of work in the U.S.
By Julio A. Portalatin and Bethany CiancioloSeptember 3, 2015
American working life: Incredible highs and lows, and plenty of barriers
LeadershipAmerican working life: Incredible highs and lows, and plenty of barriers
By Eleanor BloxhamSeptember 3, 2015
Google Reports Quarterly Earnings
TechGoogle adds voice dictation and other goodies to Google Docs
By Barb DarrowSeptember 2, 2015
This company is redesigning how it works with virtual reality
TechThis company is redesigning how it works with virtual reality
By John GaudiosiSeptember 2, 2015
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    TechFinancial firms gravely underestimate cloud usage, report says
    By Robert HackettAugust 20, 2015
CEO pay: Flatter salaries, but bigger bonuses
LeadershipCEO pay: Flatter salaries, but bigger bonuses
By September 2, 2015
Custom clothing company JAKE debuted its capsule, ready-to-wear collection on crowdfunding site Indiegogo.
LeadershipSmall designers don’t need big retailers to find a market
By John Hagel III and John Seely BrownSeptember 2, 2015
cash
LeadershipThis recruiting site will pay you $4,500 for a referral
By September 1, 2015
This App Guy Thinks Computer Science Degrees Are a Waste of Money
TechThis App Guy Thinks Computer Science Degrees Are a Waste of Money
By Jeff John RobertsSeptember 1, 2015
Fitbit Force, Jawbone Up, Fitbug Orb, Nike FuelBand SE
TechGlobal HR leader Mercer teams with health analytics startup Jiff
By Heather ClancySeptember 1, 2015
Real Mario Kart In Tokyo
TechHow to survive Silicon Valley’s inevitable slumps
By Adam LashinskyAugust 28, 2015
The WDBJ7 live truck is seen outside of the Bridgewater Plaza in Moneta
LeadershipAfter on-air shooting in Virginia: What makes coworkers turn violent?
By Claire ZillmanAugust 28, 2015
time management clock
LeadershipWhen the day goes off the rails, how productive people get back on track
By Laura VanderkamAugust 28, 2015
Companies liable for labor violations by franchises, says U.S. labor board
LeadershipCompanies liable for labor violations by franchises, says U.S. labor board
By ReutersAugust 27, 2015
Tour Of The Foxconn Complex And Interview With CEO Terry Guo
TechWill tech manufacturing stay in China?
By David Z. MorrisAugust 27, 2015
Angry Birds
TechWhy ‘Angry Birds’ publisher Rovio laid off 38% of its staff
By Chris MorrisAugust 27, 2015
time zones
LeadershipHow one startup keeps employees in 3 time zones on the same page
By August 27, 2015
BlackRock Inc. Headquarters Ahead of Earnings
TechBlackrock buys a robo advisor
By Leena RaoAugust 26, 2015
How this 150-year-old company uses virtual reality
TechHow this 150-year-old company uses virtual reality
By John GaudiosiAugust 25, 2015
School children in classroom.
LeadershipWould more girls study computer science if classrooms were ‘less geeky’?
By August 25, 2015
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LeadershipYou are not your job (even if you are famous)
By Tess VigelandAugust 25, 2015
A gold mine in Western Australia.
TechThe mining industry in 2016: Sensors, robots, and drones (oh my!)
By Andrew NuscaAugust 25, 2015
JAN 20th 2012.pics of . with this cold spell the 54th annual Toronto International Boat Show is wrap
TechIt’s time to teach the new dogs old tricks
By Adam LashinskyAugust 24, 2015
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TechHow Lockheed Martin cleans dirty healthcare data
By Jonathan VanianAugust 24, 2015
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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
Success
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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