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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

Middle East

Middle East

Fortune Gulf Brief is Fortune's weekly Tuesday newsletter covering business, investment, and economic trends across the Middle East, written by Fortune writer Melissa Hancock. It delivers expert analysis on the deals, leaders, and policies shaping the GCC region for global executives. Sign up here.

Gulf bond markets extend their rally despite uncertain outlook

Gulf bond markets extend their rally despite uncertain outlook

GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle

By Melissa HancockJune 30, 2026

GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle

GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle

By Melissa HancockJune 30, 2026

U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran

U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran

By Jon Gambrell, Josh Boak and The Associated PressJune 29, 2026

Photo: Kevin Warsh

President Trump will not get what he wants from Kevin Warsh, a source tells us, as inflation will force the Fed upwards

By Jim EdwardsJune 29, 2026

Markets feel relief as the U.S. and Iran agree to a ceasefire on their earlier ‘ceasefire’ that was looking at lot like a war over Hormuz

Markets feel relief as the U.S. and Iran agree to a ceasefire on their earlier ‘ceasefire’ that was looking at lot like a war over Hormuz

By Jason MaJune 28, 2026

Iran is forcing the U.S. into an escalation trap as a ‘shadow war’ over the Strait of Hormuz heats up that could kill the tenuous ceasefire

Iran is forcing the U.S. into an escalation trap as a ‘shadow war’ over the Strait of Hormuz heats up that could kill the tenuous ceasefire

By Jason MaJune 28, 2026

Latest Stories

Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup

Retail Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup

By Mia OsmonbekovJune 30, 2026

Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in

AI Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in

By Mia OsmonbekovJune 30, 2026

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By Tristan BoveJune 30, 2026

Russian President Vladimir Putin

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Newsletters AI 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.

Crypto Stripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle

By Camila Grigera NaónJune 30, 2026

kean

Politics Tom 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

Commentary Netflix could turn NBC into its biggest bet yet — and this time, the math actually works

By Jeffrey Sonnenfeld and Steven TianJune 30, 2026

More Middle EastPage 8 of 15

Oil prices rise as bloody crackdown on Iran protests suggests Tehran fears a ‘dire security threat to the regime’ with loyalty of forces in doubt

Energy Oil prices rise as bloody crackdown on Iran protests suggests Tehran fears a ‘dire security threat to the regime’ with loyalty of forces in doubt

By Jason MaJanuary 11, 2026

Iran’s $7 monthly payments fail to ease spiraling economic unrest as Trump weighs military options against Tehran a week after Venezuela raid

Middle East Iran’s $7 monthly payments fail to ease spiraling economic unrest as Trump weighs military options against Tehran a week after Venezuela raid

By Jason MaJanuary 11, 2026

Is Iran next for Trump? A currency collapse, energy crisis, and water shortage have exploded into unrest against the regime

Middle East Is Iran next for Trump? A currency collapse, energy crisis, and water shortage have exploded into unrest against the regime

By Jason MaJanuary 5, 2026

Binance has been proudly nomadic for years. A new announcement suggests it’s finally chosen a headquarters

Crypto Binance has been proudly nomadic for years. A new announcement suggests it’s finally chosen a headquarters

By Ben WeissDecember 7, 2025

Trump/MBS

Politics The same day as his Epstein humiliation in the House, Trump rages at media’s questions while sitting next to Saudi crown prince

By Eva Roytburg and Nick LichtenbergNovember 18, 2025

coal

Energy IEA heralds ‘the Age of Electricity’ while warning that oil may not peak in 2030 after all

By Nick LichtenbergNovember 12, 2025

Cop30

Commentary Progress but uneven: Energy transition reality check

By Chris Bradley, Mekala Krishnan and Humayun TaiNovember 6, 2025

Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows

Energy Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows

By Jordan BlumOctober 31, 2025

AI empowers criminals to launch ‘customized attacks at scale’—but could also help firms fortify their defenses, say tech industry leaders

Cybersecurity AI empowers criminals to launch ‘customized attacks at scale’—but could also help firms fortify their defenses, say tech industry leaders

By Angelica AngOctober 31, 2025

Saudi Arabia wants to become a tourist hot spot and is building 300,000 new hotel rooms to get there

Middle East Saudi Arabia wants to become a tourist hot spot and is building 300,000 new hotel rooms to get there

By Angelica AngOctober 30, 2025

Ton Han, wearing a dark suit and purple shirt, speaks in front of a dark background.

Conferences WeRide CEO says autonomous driving can’t guarantee 100% safety—but could be 10x safer than human drivers within the decade

By Sasha RogelbergOctober 27, 2025

Saudi investment chief warns: Global business needs cooperation, not protectionism

Conferences Saudi investment chief warns: Global business needs cooperation, not protectionism

By Marco Quiroz-GutierrezOctober 27, 2025

The world is headed for re-globalization not de-globalization, as ‘coalitions of the willing’ emerge, Mastercard chair and former USTR official says

Conferences The world is headed for re-globalization not de-globalization, as ‘coalitions of the willing’ emerge, Mastercard chair and former USTR official says

By Jason MaOctober 27, 2025

H.E. Hind Kabawat, Minister of Social and Labour Affairs, Syrian Arab Republic

Middle East Syria’s only female minister on what she says to her new president about hiring women: ‘Quotas are so important’

By Nick LichtenbergOctober 27, 2025

Ed Bastian

Conferences Delta CEO predicts Americans will soon be ready to travel to Riyadh as he launches first-ever direct flights from the U.S. to Saudi Arabia

By Nick LichtenbergOctober 27, 2025

C.S. Venkatakrishnan

Conferences Barclays’ reentry into Saudi Arabia highlights the kingdom’s strategy to become the new global hub for regional headquarters

By Nick LichtenbergOctober 27, 2025

How emerging economies are banking on their massive young populations to become innovation hotbeds rivaling Silicon Valley

Innovation How emerging economies are banking on their massive young populations to become innovation hotbeds rivaling Silicon Valley

By Phil WahbaOctober 26, 2025

AI and tech are potentially the biggest equalizers Africa has ever seen, former Nvidia exec says

Conferences AI and tech are potentially the biggest equalizers Africa has ever seen, former Nvidia exec says

By Jason MaOctober 26, 2025

Kolinda Grabar-Kitarović, Former President, Croatia Matteo Renzi, Senator, Electoral College of Florence, Former Prime Minister, Italy Moderator: Ellie Austin, Editorial Director, Fortune Live Media

Conferences Europe at risk of becoming a ‘geopolitical playground’ warns Croatia’s former president, and says Trump’s 2018 NATO threat was justified

By Eleanor PringleOctober 26, 2025

Khalid Al-Falih

Conferences Saudi Arabia’s minister of investment on Vision 2030 and the world’s search for reliable partners

By Nick LichtenbergOctober 26, 2025

$Libery Energy's hydraulic fracturing, or frac, spreads are increasingly electrified with natural gas power, a technology now translating to powering data centers.$

Energy AI’s insatiable need for power is driving an unexpected boom in oil-fracking company stocks

By Jordan BlumOctober 23, 2025

U.S. troops are going to Israel to support the Gaza ceasefire, but JD Vance vows no ‘boots on the ground’

Middle East U.S. troops are going to Israel to support the Gaza ceasefire, but JD Vance vows no ‘boots on the ground’

By Jason MaOctober 12, 2025

US President Donald Trump watches as workers install a new flagpole on the South Lawn of the White House in Washington, DC, US, on Wednesday, June 18, 2025.

Real Estate Trump says the American Dream is on hold because ‘big homebuilders’ are ‘sitting on’ 2 million empty lots

By Eva RoytburgOctober 6, 2025

Oilpatch

Energy What oil CEOs really think about Trump, tariffs and uncertainty: ‘Those who can are running for the exits’

By Eva RoytburgSeptember 24, 2025

Trump goes off script in UN address, praising Germany for returning to nuclear energy and fossil fuels: ‘All green is all bankrupt’

Energy Trump goes off script in UN address, praising Germany for returning to nuclear energy and fossil fuels: ‘All green is all bankrupt’

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Finance Shell denies reports of BP megamerger of Big Oil rivals

By Jordan BlumJune 25, 2025

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By Lily Mae LazarusJune 25, 2025

A consumer refuels their vehicle at a gas station in Daegu, South Korea, on June 23, 2025, while geopolitical risks heighten due to U.S. attacks on Iran's nuclear facilities.

Middle East Ceasefire between Israel and Iran already being tested as markets bet it will stave off ‘stagflationary shock’

By Nino PaoliJune 23, 2025

Traders work on the floor of the New York Stock Exchange during morning trading on June 23, 2025

Finance Markets edge higher Monday after Iran fires missiles at U.S. base in Qatar

By Alicia AdamczykJune 23, 2025

U.S. attacks on Iran resemble a ‘TikTok-style war’ and may be peak military involvement, geopolitical expert says

Middle East U.S. attacks on Iran resemble a ‘TikTok-style war’ and may be peak military involvement, geopolitical expert says

By Jason MaJune 22, 2025

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Most Popular

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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By Sydney LakeJune 29, 2026

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

placeholder alt text

By Sydney LakeJune 25, 2026

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

placeholder alt text

By Preston ForeJune 27, 2026

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