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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
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
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
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
More Startups & VenturePage 7 of 100
Exclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe
BankingExclusive: Airwallex launches billing product as $8 billion fintech continues to compete with rival Stripe
By Ben WeissMay 27, 2026
hassabis
NewslettersDemis Hassabis on his rush to ‘solve all disease’ and Isomorphic’s new $2.1 billion
By Allie GarfinkleMay 27, 2026
Like Bill Gates, this billionaire is cutting his kids inheritance to 8 figures because he’d rather give more to philanthropy than his great-grandkids
SuccessLike Bill Gates, this billionaire is cutting his kids inheritance to 8 figures because he’d rather give more to philanthropy than his great-grandkids
By Orianna Rosa RoyleMay 27, 2026
andrew macdonald
AIUber burned through its entire 2026 AI budget in four months. Now its COO is questioning whether it’s worth it
By Jake AngeloMay 26, 2026
Coinbase pushes further into AI payments with new MCP for Base network
CryptoCoinbase pushes further into AI payments with new MCP for Base network
By Jeff John RobertsMay 26, 2026
Perceptic cofounders Tilman Flock (left), Zaki Trache (center), and Martin Copes.
AIExclusive: Perceptic, a startup automating drug discovery end-to-end for Big Pharma, emerges from stealth with $12 million in seed funding
By Jeremy KahnMay 26, 2026
florida
CommentaryThe next great American tech hub isn’t a city. It’s a corridor between New York and Miami
By Patrick Chun and Matt HigginsMay 26, 2026
$7.2 billion AI CEO gets thousands of job applications a day but still can’t find candidates with a strong work ethic
Success$7.2 billion AI CEO gets thousands of job applications a day but still can’t find candidates with a strong work ethic
By Orianna Rosa RoyleMay 26, 2026
Antonio Gracias, founder, chief executive officer and chief investment officer of Valor Equity Partners
InvestingElon Musk’s best friend could make more than $100 billion from SpaceX’s IPO. His firm is also owed billions by SpaceX
By Eva RoytburgMay 25, 2026
SpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
Startups & VentureSpaceX’s next-gen rocket is the key to its sky-high valuation, early investor says: ‘Starship also enables all kinds of frontier markets’
By Marco Quiroz-GutierrezMay 24, 2026
Fortune Archives: A brief history of vying for control in space
NewslettersFortune Archives: A brief history of vying for control in space
By Lydia BelangerMay 24, 2026
Inside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
Real EstateInside the ‘stealth wealth’ playbook: How Silicon Valley’s elite buy multimillion-dollar mansions without leaving a paper trail
By Sydney LakeMay 24, 2026
Josh Smith, founder of Montana Knife Company.
SuccessThis 39-year-old quit his lineman job during the pandemic and built a $50 million company in his backyard
By Nick LichtenbergMay 23, 2026
ambrose
CommentaryFormer NASA Robotics Chief: America is building the wrong kind of robots — and China knows it
By Robert AmbroseMay 23, 2026
Elon Musk’s SpaceX IPO filing just told us what business he’s betting on for the future—and it’s not rockets
InvestingElon Musk’s SpaceX IPO filing just told us what business he’s betting on for the future—and it’s not rockets
By Shawn TullyMay 23, 2026
morris
CommentaryMy startup hit $200 million ARR. But first I walked away from 2.5 million YouTube subscribers and nearly went bankrupt
By Joel MorrisMay 23, 2026
How Grab’s CTO sees the superapp’s push into physical AI and automated driving—and why he uses his competitors’ robots in the office
AIHow Grab’s CTO sees the superapp’s push into physical AI and automated driving—and why he uses his competitors’ robots in the office
By Angelica AngMay 22, 2026
Sam Altman standing in a lift.
AIThe big questions looming over OpenAI’s trillion-dollar IPO
By Beatrice NolanMay 22, 2026
Musk may already be a trillionaire while these SpaceX employees and investors will hit multibillion-dollar jackpots after blockbuster IPO
Startups & VentureMusk may already be a trillionaire while these SpaceX employees and investors will hit multibillion-dollar jackpots after blockbuster IPO
By Jason MaMay 22, 2026
zuckerberg
CybersecurityA school district’s lawsuit against Meta for mental health costs was set for trial next month. Zuckerberg settled
By Barbara Ortutay and The Associated PressMay 22, 2026
dario
Newsletters‘A pressure cooker ready to explode’: The wild secondaries scramble for Anthropic shares
By Allie GarfinkleMay 22, 2026
Kevin Warsh, U.S. President Donald Trump's nominee for Chair of the Federal Reserve, departs following his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC.
Big TechWall Street has pretty much written off the idea of a Fed rate cut at Kevin Warsh’s first meeting
By Eleanor PringleMay 22, 2026
‘It’s crazy’: SpaceX could set records as the least shareholder-friendly public company of all time
Investing‘It’s crazy’: SpaceX could set records as the least shareholder-friendly public company of all time
By Shawn TullyMay 22, 2026
dario
Startups & VentureInside the fraud-ripe feeding frenzy to snag Anthropic shares while the company remains private
By Allie GarfinkleMay 22, 2026
Boris Cherny is the creator and head of Claude Code at Anthropic
NewslettersAnthropic lands in London as AI-powered coding—and the anxieties around it—go mainstream
By Beatrice NolanMay 21, 2026
musk
Investing‘We do not want humans to have the same fate as dinosaurs’: SpaceX IPO reads like Hollywood fantasy version of the future
By Bernard Condon and The Associated PressMay 21, 2026
Traders work after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 18, 2026.
InvestingWall Street thinks there’s a chance the S&P 500 could push 20% higher by 2027
By Eleanor PringleMay 21, 2026
Elon Musk sits with his fists together, looking up.
NewslettersSpaceX’s IPO filing is full of surprises
By Allie GarfinkleMay 21, 2026
Samuel Corum/Getty Images
Big TechElon Musk’s proposed pay package in SpaceX’s IPO filing reveals what the company actually is: a $1 trillion monster built to colonize Mars
By Eva RoytburgMay 20, 2026
elon
SuccessSpaceX IPO targets $28.5 trillion total addressable market, mission to ‘make life multiplanetary’ and understand ‘true nature of the universe’
By Nick LichtenbergMay 20, 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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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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