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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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Innovation

The VCs betting founders need a village, not a blank check
The VCs betting founders need a village, not a blank check

Raj and Sunny Singh Sandhu closed Vicus Ventures’s debut fund at $55 million, turning down ‘way more’ capital to stay focused.

By Allie GarfinkleJune 30, 2026
mcmaster
Boston Dynamics CEO: America’s next 250 years will be built by robots. Here’s what’s standing in the way
By Amanda McMasterJune 30, 2026
‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok
‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok
By Amanda GerutJune 29, 2026
green
France wearing green for the Statue of Liberty: inside the unusual interpretation of ‘national pride’ that makes World Cup jerseys
By Claire Rush and The Associated PressJune 28, 2026
Quantinuum rings the IPO bell at the Nasdaq
Why BlackRock, Nvidia, and Temasek are betting billions on quantum computing
By Lily Mae LazarusJune 29, 2026
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Wendy Schmidt: Three centuries of science is something to celebrate
By Wendy SchmidtJune 29, 2026
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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
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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
More InnovationPage 43 of 45
Is it legal to take a nap in your self-driving car?
InnovationIs it legal to take a nap in your self-driving car?
By Verne KopytoffMay 2, 2013
  • Fortune’s guide to the future
    InnovationFortune’s guide to the future
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Transcript: will.i.am, Bea Perez, and Dean Kamen at Brainstorm Green
Design ThinkingTranscript: will.i.am, Bea Perez, and Dean Kamen at Brainstorm Green
By Fortune EditorsMay 1, 2013
Transcript: GM CEO Daniel Akerson at Brainstorm Green
EnergyTranscript: GM CEO Daniel Akerson at Brainstorm Green
By Fortune EditorsApril 30, 2013
Drones come to the high seas
InnovationDrones come to the high seas
By Clay DillowApril 11, 2013
One of tech’s most successful inventors never made a cent
TechOne of tech’s most successful inventors never made a cent
By Kurt WagnerApril 11, 2013
This kid wants to reinvent virtual reality
InnovationThis kid wants to reinvent virtual reality
By JP MangalindanApril 9, 2013
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    LeadershipHere Are 10 Ways Steve Jobs Changed the World
    By JP MangalindanDecember 23, 2011
What’s next for Aereo?
InnovationWhat’s next for Aereo?
By Dan MitchellApril 3, 2013
Inside BMW’s Future Lab
InnovationInside BMW’s Future Lab
By Shelley DuBois, Brett Krasnove and Brett KrasnoveApril 3, 2013
An afterlife for the playthings of the rich and restless
InnovationAn afterlife for the playthings of the rich and restless
By Richard MorganMarch 29, 2013
The U.S. military’s miracle scanner
InnovationThe U.S. military’s miracle scanner
By Kate FreemanMarch 29, 2013
This incredible face is the future of tech
InnovationThis incredible face is the future of tech
By Matt VellaMarch 28, 2013
  • Inside the gamification gold rush
    InnovationInside the gamification gold rush
    By Alex KonradOctober 17, 2011
How would you like to invest in immortality?
InnovationHow would you like to invest in immortality?
By Matt VellaMarch 20, 2013
Startups are about to blow up the textbook
InnovationStartups are about to blow up the textbook
By Scott OlsterMarch 18, 2013
Facebook’s new look can’t conceal its old problems
InnovationFacebook’s new look can’t conceal its old problems
By Kevin KelleherMarch 8, 2013
YouTube to launch music streaming service, take on Spotify
InnovationYouTube to launch music streaming service, take on Spotify
By Ryan BradleyMarch 5, 2013
Andrew Mason’s Groupon legacy: It’s okay to leave
InnovationAndrew Mason’s Groupon legacy: It’s okay to leave
By Katie BennerMarch 1, 2013
Ex-Square executive Keith Rabois joining Khosla Ventures
InnovationEx-Square executive Keith Rabois joining Khosla Ventures
By Miguel HelftFebruary 26, 2013
Nasty Gal wants to conquer fashion
InnovationNasty Gal wants to conquer fashion
By JP MangalindanFebruary 26, 2013
The Toy Story guys are making a talking toy – and it’s amazing
InnovationThe Toy Story guys are making a talking toy – and it’s amazing
By JP MangalindanFebruary 22, 2013
Inside Google’s ultrabook gambit
InnovationInside Google’s ultrabook gambit
By Miguel HelftFebruary 22, 2013
Tech is destroying the line between manufacturing and services
InnovationTech is destroying the line between manufacturing and services
By Matt VellaFebruary 21, 2013
With PlayStation 4, Sony reboots its games business
InnovationWith PlayStation 4, Sony reboots its games business
By Matt VellaFebruary 20, 2013
4 features the PlayStation 4 absolutely must have
Innovation4 features the PlayStation 4 absolutely must have
By JP MangalindanFebruary 20, 2013
How Mailbox became an instant sensation
InnovationHow Mailbox became an instant sensation
By JP MangalindanFebruary 12, 2013
5 science breakthroughs in 2012
Innovation5 science breakthroughs in 2012
By Shelley DuBois, Brett Krasnove and Brett KrasnoveDecember 31, 2012
Meet the man in Microsoft’s rear-view
InnovationMeet the man in Microsoft’s rear-view
By John Patrick PullenAugust 1, 2012
Making innovation work
InnovationMaking innovation work
By Fortune EditorsJuly 12, 2012
Are Banks Simply Too Big To Innovate?
FinanceAre Banks Simply Too Big To Innovate?
By Jeff BussgangJune 5, 2012
The agony of Japan Inc.
InnovationThe agony of Japan Inc.
By Kevin KelleherMay 25, 2012
What Google needs now? To wow again
InnovationWhat Google needs now? To wow again
By Kevin KelleherMarch 13, 2012
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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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