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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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News and analysis on the business of the stock market, the latest tech trends, and how the top businesses are doing in the current climate.
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America added more than 1,200 millionaires per day in 2025, but the heyday of the ‘everyday millionaire’ is already over

The stock market made a record number of people millionaires in 2025. But the real wealth action was happening one tier up.

By Nick LichtenbergJune 30, 2026
Top CD rates from major banks June 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Top CD rates from major banks on June 30, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 30, 2026
Current price of Bitcoin for June 30, 2026
Current price of Bitcoin for June 30, 2026
By Joseph HostetlerJune 30, 2026
vinod
Vinod Khosla: AI’s energy crisis has a fix — and it doesn’t need the grid
By Vinod KhoslaJune 30, 2026
Current price of Ethereum for June 30, 2026
Current price of Ethereum for June 30, 2026
By Joseph HostetlerJune 30, 2026
powell
Premier League Lacrosse adds Rob Mac, Glen Powell to investors group in historic $100 million funding round
By The Associated PressJune 30, 2026
Latest Stories
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
Henry Kravis
SuccessWall 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
By Preston ForeJune 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
More InvestingPage 5 of 100
Current price of oil as of June 8, 2026
Personal FinanceCurrent price of oil as of June 8, 2026
By Joseph HostetlerJune 8, 2026
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    InvestingTop short seller Andrew Lift convicted of securities fraud after getting caught saying ‘taking candy from a baby’
    By Michelle Chapman and The Associated PressJune 3, 2026
‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
Economy‘We didn’t see this coming’: Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
By Jim EdwardsJune 8, 2026
‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis
Investing‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis
By Nick LichtenbergJune 8, 2026
Markets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising while epic SpaceX IPO could fuel even more chaos
InvestingMarkets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising while epic SpaceX IPO could fuel even more chaos
By Jason MaJune 7, 2026
Novo Nordisk CEO looks beyond weight loss to longevity and aesthetics
HealthNovo Nordisk CEO looks beyond weight loss to longevity and aesthetics
By Madison Muller and BloombergJune 7, 2026
SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
InvestingSpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
By Jason MaJune 7, 2026
  • Top CD rates from major banks June 3, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    Personal FinanceTop CD rates from major banks on June 3, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
    By Joseph HostetlerJune 3, 2026
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone’
Big TechTrump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone’
By Eva RoytburgJune 7, 2026
AI’s mega stock deals raise specter of more shares than buyers
AIAI’s mega stock deals raise specter of more shares than buyers
By Jeran Wittenstein, Henry Ren and BloombergJune 7, 2026
SpaceX and other mega IPOs may wait years to join the S&P 500
InvestingSpaceX and other mega IPOs may wait years to join the S&P 500
By Bailey Lipschultz, Vildana Hajric and BloombergJune 6, 2026
Marvell Technology, Flex to join S&P 500 later this month
InvestingMarvell Technology, Flex to join S&P 500 later this month
By Isabelle Lee and BloombergJune 6, 2026
Trump issues pardon to former Republican congressman who made $350,000 in illegal gains from insider trading
LawTrump issues pardon to former Republican congressman who made $350,000 in illegal gains from insider trading
By The Associated PressJune 6, 2026
  • Current price of Bitcoin for June 3, 2026
    Personal FinanceCurrent price of Bitcoin for June 3, 2026
    By Joseph HostetlerJune 3, 2026
Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision
Real EstateBillionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision
By Sydney LakeJune 6, 2026
SpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation
InvestingSpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation
By Shawn TullyJune 6, 2026
broker
InvestingMarkets have worst day since October as tech stocks lead the way down, traders lose hope of rate cut
By Damian J. Troise, Alex Veiga and The Associated PressJune 5, 2026
Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out
InvestingTech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out
By Jason MaJune 5, 2026
Elon Musk holding a glass of wine.
BankingJamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO road show—and even invited Musk’s mom
By Tristan BoveJune 5, 2026
Current price of Ethereum for June 5, 2026
Personal FinanceCurrent price of Ethereum for June 5, 2026
By Joseph HostetlerJune 5, 2026
Current price of Bitcoin for June 5, 2026
Personal FinanceCurrent price of Bitcoin for June 5, 2026
By Joseph HostetlerJune 5, 2026
Trae Stephens touches his chin while speaking
Startups & VentureAnduril’s Trae Stephens says defense tech is headed for a shakeout
By Lily Mae LazarusJune 5, 2026
SpaceX and Anthropic are about to go public—and your 401(k) may be forced to buy in
InvestingSpaceX and Anthropic are about to go public—and your 401(k) may be forced to buy in
By Catherina GioinoJune 4, 2026
What Christie’s $1.45 billion blockbuster art auction tells us about the ‘Great Wealth Transfer’
InvestingWhat Christie’s $1.45 billion blockbuster art auction tells us about the ‘Great Wealth Transfer’
By Phil WahbaJune 4, 2026
Elon Musk, wearing all black, smiles and looks to the side.
InvestingA dying satellite company sold spectrum to Elon Musk—and turned $11.1 billion in SpaceX stock into the Fortune 500’s best shareholder return
By Sasha RogelbergJune 4, 2026
Current price of Ethereum for June 4, 2026
Personal FinanceCurrent price of Ethereum for June 4, 2026
By Joseph HostetlerJune 4, 2026
Current price of Bitcoin for June 4, 2026
Personal FinanceCurrent price of Bitcoin for June 4, 2026
By Joseph HostetlerJune 4, 2026
rd
InvestingRay Dalio warns the stock market is approaching 1929 and 2000 bubble levels—but another crisis is ‘past the point of no return’
By Nick LichtenbergJune 4, 2026
Melinda French Gates is betting $215 million on women’s health—and daring her fellow billionaires to follow
MPWMelinda French Gates is betting $215 million on women’s health—and daring her fellow billionaires to follow
By Emma HinchliffeJune 4, 2026
This NYC bar just covered everyone’s tabs because the Knicks won, and used Kalshi to hedge their bets
InvestingThis NYC bar just covered everyone’s tabs because the Knicks won, and used Kalshi to hedge their bets
By Catherina GioinoJune 3, 2026
SpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later
Startups & VentureSpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later
By Marco Quiroz-GutierrezJune 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
‘A landmark moment for homebuying’: A San Francisco seller wants OpenAI or Anthropic stock for their $3 million home
Real Estate‘A landmark moment for homebuying’: A San Francisco seller wants OpenAI or Anthropic stock for their $3 million home
By Sydney LakeJune 3, 2026
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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
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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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