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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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Russian President Vladimir Putin
It started with one viral influencer complaining about Russia’s economy. Now a record 60% of Russians are pessimistic about their country’s outlook

Russia’s economy has been remarkably resilient, but it could be losing one of its most vital resources: public trust.

By Tristan BoveJune 30, 2026
Image of colored bar charts with one being pushed up.
AI is minting billion-dollar companies faster than before
By Beatrice NolanJune 30, 2026
kean
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
Anthropic CEO Dario Amodei pointing to his head.
At 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
ark
Arkansas defies federal court to launch SNAP candy-and-soda ban Wednesday
By Travis Loller and The Associated PressJune 30, 2026
ice
ICE arrested a woman in a habit walking to mass, then released her after realizing she was a nun
By Valerie Gonzalez and The Associated PressJune 30, 2026
Law
More in Law
US President Donald Trump arrives to speak during a Rose Garden Club dinner with American farmers at the White House in Washington, DC, on June 25, 2026.
Trump takes his inflation battle to gas retailers after his plot against the Fed runs aground—sets target for $2.50 a gallon

“The retailers must quickly react to this statement, and do what they know is right — DROP YOUR PRICE FOR OUR GREAT AMERICAN PEOPLE!”

By Eleanor PringleJune 30, 2026
Gojek founder Makarim found guilty in Indonesia Chromebooks case

The 41-year-old was charged in relation to a decision to purchase more than a million Chromebooks for schools from 2020 to 2022.

By Chandra Asmara and BloombergJune 30, 2026
Supreme Court to Alan Dershowitz: take a hike with your $300 million defamation suit against CNN

Justices Neil Gorsuch and Clarence Thomas dissented, calling on the court to reconsider the legal standards for public figures who claim defamation.

By Lindsay Whitehurst and The Associated PressJune 29, 2026
One of Trump’s Supreme Court appointees just saved the late mail ballots he hates so much

Amy Coney Barrett wrote the 5-4 majority opinion handing Trump what he called a “tremendous loss” months before the midterms.

By Mark Sherman and The Associated PressJune 29, 2026
More in Law
Politics
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kean
New Jersey Republican to reappear in Congress after unexplained 4-month absence

Tom Kean Jr. resurfaces Tuesday after 100+ missed votes. His battleground New Jersey seat — and the GOP’s razor-thin majority — have been in limbo.

By Mike Catalini and The Associated PressJune 30, 2026
AI stocks are in an ‘air pocket’ and Meta and Microsoft are being traded like ‘bear market names that cannot be owned,’ top analyst says

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 30, 2026
U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran

Qatar planned to release $6 billion in frozen Iranian assets that would be used to purchase U.S. food products for the Iranian people.

By Jon Gambrell, Josh Boak and The Associated PressJune 29, 2026
Supreme Court rules against Donald Trump in his quest to fire Fed Governor Lisa Cook — for now

The Supreme Court handed Trump sweeping power over independent agencies — but not to fire Lisa Cook.

By Mark Sherman and The Associated PressJune 29, 2026
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Latest Stories
Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup
RetailNike’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
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
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
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
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
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nexstar
CommentaryNexstar CEO: big tech swallowed local newspapers. Local TV could be next
By Perry A. SookJune 14, 2026
Trump at 80 works to project strength as political woes mount
PoliticsTrump at 80 works to project strength as political woes mount
By Catherine Lucey and BloombergJune 13, 2026
Trump to name one of his personal lawyers for powerful Southern District of New York, which handles terrorism, espionage, and securities cases
PoliticsTrump to name one of his personal lawyers for powerful Southern District of New York, which handles terrorism, espionage, and securities cases
By Fatima Hussein, Eric Tucker and The Associated PressJune 13, 2026
Trump says he’ll sign deal with Iran to reopen Hormuz Sunday
PoliticsTrump says he’ll sign deal with Iran to reopen Hormuz Sunday
By Arsalan Shahla, Maria Paula Mijares Torres and BloombergJune 13, 2026
The real star of the UFC fight at the White House may be the Claw: a behemoth cage constructed for the Octagon
PoliticsThe real star of the UFC fight at the White House may be the Claw: a behemoth cage constructed for the Octagon
By Dan Gelston and The Associated PressJune 13, 2026
Trump to talk with allies at G7 summit in the coming week about removing mines from the Strait of Hormuz as deal to end Iran war nears
PoliticsTrump to talk with allies at G7 summit in the coming week about removing mines from the Strait of Hormuz as deal to end Iran war nears
By Munir Ahmed, Samy Magdy, Aamer Madhani and The Associated PressJune 13, 2026
Workers start removing Trump’s name from the Kennedy Center, but there’s little on the venue’s schedule after a few upcoming events
PoliticsWorkers start removing Trump’s name from the Kennedy Center, but there’s little on the venue’s schedule after a few upcoming events
By Steven Sloan and The Associated PressJune 13, 2026
Anthropic cofounder and CEO Dario Amodei pictured in profile.
AIAnthropic disables Fable and Mythos AI models after U.S. government bars it from giving foreigners access
By Jeremy KahnJune 13, 2026
‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
North America‘Buy a ticket for 60 bucks and resell it for $6,000’: NYC Mayor Mamdani criticized FIFA’s resale market, but his jersey drop created the same thing
By Catherina GioinoJune 12, 2026
ss
Commentary‘Soccernomics’ co-author: FIFA’s ticket strategy isn’t price discovery, it’s a wealth filter
By Stefan Szymanski and The ConversationJune 12, 2026
reagan
Personal FinanceSocial Security’s 2032 deadline puts a 22% cut on the table — but Washington has way less room to negotiate than 1983
By John W. Diamond and The ConversationJune 12, 2026
dan
PoliticsDan Sullivan could be kicked out of Alaska Senate primary — but not that Dan Sullivan
By Becky Bohrer and The Associated PressJune 12, 2026
pattie
LawPatagonia sues drag queen Pattie Gonia, seeking $1 for trademark infringement
By Brittany Peterson and The Associated PressJune 12, 2026
Elon Musk
InvestingWhen SpaceX starts trading, some ‘shareholders’ will discover they own nothing at all
By Jim EdwardsJune 12, 2026
An Osasuna player passes the ball while under pressure from Getafe rival.
CryptoControversy swirls over Spanish soccer club accused of using novel $600,000 Kalshi wager to bet on its relegation
By Camila Grigera NaónJune 12, 2026
fda
HealthWhy is the FDA approving kid-friendly, fruit-flavored e-cigarettes?
By Matthew Perrone and The Associated PressJune 12, 2026
lula
EnvironmentTrump turned environmentalist to slap new tariffs on Brazil, so why are deforestation rates down?
By Gabriela Sa Pessoa and The Associated PressJune 12, 2026
defense
PoliticsTrump says Europe freeloads on defense. Britain’s own (former) Defense Secretary just agreed
By Jill Lawless, Danica Kirka and The Associated PressJune 11, 2026
ice
LawWestchester County built a 600-camera plate reader network that shared 1.6 billion scans with ICE, lawsuit says
By Byron Tau and The Associated PressJune 11, 2026
carney
North AmericaCanada joins global movement to ban social media for kids: ‘We are failing our children. Enough is enough’
By Rob Gillies and The Associated PressJune 11, 2026
gianni
North AmericaMexico City roasts new chandeliers slapped onto its metro for World Cup
By Megan Janetsky and The Associated PressJune 11, 2026
T-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
EconomyT-minus 24 hours: On the eve of SpaceX IPO liftoff some Wall Street analysts say the stock is worth only half of Elon Musk’s price
By Jim EdwardsJune 11, 2026
bessent
CommentarySocial Security and Medicare are heading toward insolvency. Congress has 6 years to act
By Steve H. Hanke and David M. WalkerJune 11, 2026
Digital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
CommentaryDigital sovereignty isn’t the same thing as digital isolation. Asia’s governments should be careful
By Leonard LimJune 10, 2026
The curse of Trump watching sports in person: the home team seems to always lose
Arts & EntertainmentThe curse of Trump watching sports in person: the home team seems to always lose
By The Associated Press and Will WeissertJune 10, 2026
Microsoft co-founder Bill Gates (C) arrives for a closed-door interview with the House Oversight Committee on Capitol Hill in Washington, DC, on June 10, 2026.
LawGates testifies on Epstein: previous Fortune investigation reveals payments to his ex-girlfriend, $1M Microsoft deal
By Eva Roytburg, Joey Cappelletti, Hannah Schoenbaum and The Associated PressJune 10, 2026
‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’
Economy‘I love the inflation’: Trump is ‘not concerned’ about inflation hitting 4% for the first time since 2023. ‘The numbers were great’
By The Associated Press and Christopher RugaberJune 10, 2026
Honda recalls nearly 900,000 cars thanks to rear suspension problems
RetailHonda recalls nearly 900,000 cars thanks to rear suspension problems
By The Associated PressJune 10, 2026
A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out
Future of WorkA 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out
By Jacqueline MunisJune 10, 2026
Trump sits at the Resolute Desk with his hands folded
AIOpenAI and Nvidia CEOs didn’t flinch at Trump’s $100,000 H-1B visa fee, and now they’re paying up as their application numbers soar
By Jacqueline MunisJune 10, 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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