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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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Startups & Venture

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

Most tech companies have tried to curry favor with the White House and hired ‘Trump whisperers.’ Anthropic has stood on principle, and suffered the consequences.

By Jeremy KahnJune 30, 2026
The VCs betting founders need a village, not a blank check
The VCs betting founders need a village, not a blank check
By Allie GarfinkleJune 30, 2026
Brown University Professor Roberto Serrano, a man in a suit holding onto a gold trophy--the King Of Spain Economy Award"-- before Spain's King Felipe and a painted wall.
‘Humanity has chosen to become idiots’: This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 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
NASA plans daring robotic rescue mission to prevent an aging space telescope from falling back to Earth, and the legendary Hubble could be next
NASA plans daring robotic rescue mission to prevent an aging space telescope from falling back to Earth, and the legendary Hubble could be next
By Marcia Dunn and The Associated PressJune 28, 2026
Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it’s the lesson he swears by as a $7.2 billion AI CEO
Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it’s the lesson he swears by as a $7.2 billion AI CEO
By Orianna Rosa RoyleJune 28, 2026
Latest Stories
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
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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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OpenAI readies ‘superapp’ pivot ahead of planned IPO, FT reports
AIOpenAI readies ‘superapp’ pivot ahead of planned IPO, FT reports
By Amedeo Goria and BloombergJune 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
Sam Altman and Oliver Mulherin pose
C-SuiteOpenAI’s Sam Altman says his highly disciplined daily routine has ‘fallen to crap’—and now unwinds on weekends at a ranch with no cell phone service
By Jacqueline MunisJune 7, 2026
Pastel colored sky casting shadows over the colorful houses and behind Sutro Tower.
Real EstateThis realtor is betting big on the AI IPO boom, but buying a house with stock will have to go through the OpenAI’s and Anthropic’s boards first
By Jacqueline MunisJune 7, 2026
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CommentaryThe short seller’s argument nobody on the coming mega IPO roadshow wants you to make
By Bhaskar ChakravortiJune 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
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CommentaryWhen good money goes bad: the question SpaceX and OpenAI investors aren’t asking
By Rory McDonaldJune 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
The Class of 2026: Meet the 12 companies making their Fortune 500 debut
Startups & VentureThe Class of 2026: Meet the 12 companies making their Fortune 500 debut
By Marco Quiroz-GutierrezJune 5, 2026
Melinda French Gates is done waiting for health care to take menopause seriously
MPWMelinda French Gates is done waiting for health care to take menopause seriously
By Emma HinchliffeJune 5, 2026
Anthropic co-founder Jack Clark.
AIAnthropic warns AI could soon build itself without human involvement—and urges a global pause on development
By Beatrice NolanJune 5, 2026
Elon Musk stares
Personal FinanceThe S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway
By Jim EdwardsJune 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
Airbnb CEO Brian Chesky plans to start a new AI company
Startups & VentureAirbnb CEO Brian Chesky plans to start a new AI company
By Shirin Ghaffary, Edward Ludlow, Natalie Lung and BloombergJune 4, 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 Suno’s $5.4 billion valuation says about the future of AI and music—and what remains uncertain
NewslettersWhat Suno’s $5.4 billion valuation says about the future of AI and music—and what remains uncertain
By Sharon GoldmanJune 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
Anthropic logo on a phone.
AIAmazon and Google have billions riding on Anthropic. The IPO will finally reveal how much.
By Beatrice NolanJune 4, 2026
Itai Ben-Zaken poses with his arms crossed while wearing a suit.
Startups & VentureExclusive: Investors bet $40 million on Honeycomb’s no-inspection landlord insurance AI
By Lily Mae LazarusJune 4, 2026
A single new sentence in SpaceX’s amended IPO filing could signal the biggest merger in history
Startups & VentureA single new sentence in SpaceX’s amended IPO filing could signal the biggest merger in history
By Shawn TullyJune 4, 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
Kumo AI cofounders standing in a line. From left: Vanja Josifovski, Hema Raghavan, and Jare Leskovec.
Startups & VentureExclusive: Nvidia snaps up Kumo AI in latest acquisition
By Sharon GoldmanJune 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
Nscale has raised billions to power Europe’s AI ambitions. Now the startup must prove the hype can survive reality
MagazineNscale has raised billions to power Europe’s AI ambitions. Now the startup must prove the hype can survive reality
By Beatrice NolanJune 3, 2026
as
CommentaryThe most contrarian and durable bet in AI is 85 million moms
By Allison SternJune 3, 2026
Variant raises $222 million for new fund with a thesis of AI, crypto and ‘autonomy’
CryptoVariant raises $222 million for new fund with a thesis of AI, crypto and ‘autonomy’
By Jeff John RobertsJune 3, 2026
Jean-Denis Greze (left) with a company avatar, and Tony Vincent (right) with a company avatar.
NewslettersTown’s AI assistants learn your life—Andreessen Horowitz and Forerunner just backed the vision with $55 million
By Lily Mae LazarusJune 3, 2026
Who is Chris Olah? The atheist Anthropic cofounder the Pope chose to sit beside him at the Vatican and tell the tech industry it can’t govern itself
AIWho is Chris Olah? The atheist Anthropic cofounder the Pope chose to sit beside him at the Vatican and tell the tech industry it can’t govern itself
By Marco Quiroz-GutierrezJune 3, 2026
Apoha cofounders Anshika Srivastava (left) and Shamit Shrivastava.
AIExclusive: Apoha, a startup building AI models for creating new materials, emerges from stealth with $36 million in funding
By Jeremy KahnJune 3, 2026
Mark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
Startups & VentureMark Cuban put $500K into a stranger’s rocket company over email. It’s now a SpaceX competitor worth $4 billion
By Sydney LakeJune 2, 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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