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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 97 of 100
First Round Capital’s Holiday Parody Video Is Here
Startups & VentureFirst Round Capital’s Holiday Parody Video Is Here
By Laura EntisDecember 20, 2016
Airbnb Open LA - Day 2
Startups & VentureA Serial Entrepreneur’s Advice for Breaking Into Startup Life
By Fortune EditorsDecember 19, 2016
How This VC Finds the Next Big Thing
FinanceHow This VC Finds the Next Big Thing
By Phil WickhamDecember 15, 2016
Ola CEO Bhavish Aggarwal Portraits
TechHere’s Why Uber Expects to Turn a Profit in India Soon
By ReutersDecember 15, 2016
Images Of the Meitu Inc. M6 Smartphone
TechChina’s Favorite Selfie-Editing App Maker Is Now Worth Almost $5 Billion
By Kevin LuiDecember 15, 2016
GUESS Hotel at the Viceroy Palm Springs, CA - Day 1
Startups & VentureThis Aptly Named Cafe Wants to Put Your Selfies All Over Their Coffees and Cupcakes
By Kevin LuiDecember 15, 2016
Raised eyebrow man
LeadershipDoes Your Business Idea Pass the Eyebrow Test?
By Fortune EditorsDecember 14, 2016
Undated NASA handout picture of North Korea (the dark area) and South Korea as seen from the International Space Station
Startups & VentureHow Many Lights Are On? This Startup Thinks the Answer Is Directly Related to GDP Growth
By Kevin LuiDecember 14, 2016
UNICORN 2015 — Niklas Ostberg Delivery Hero
Startups & VentureDelivery Hero Buys Foodpanda in Sought After Food Delivery Market
By ReutersDecember 10, 2016
Why Tech IPOs Don’t Have to Be Money Losers
Startups & VentureWhy Tech IPOs Don’t Have to Be Money Losers
By Dan LyonsDecember 9, 2016
World Health Organisation Calls For Regulation Of Ecigarettes
HealthWhat the Surgeon General’s E-Cigarette Warning Means for the Red-Hot Vaping Industry
By Tom Huddleston Jr.December 8, 2016
KeyMe, the App That Makes It Scarily Easy to Duplicate Keys, Locks In Another $25 Million
RetailKeyMe, the App That Makes It Scarily Easy to Duplicate Keys, Locks In Another $25 Million
By Jeremy QuittnerDecember 7, 2016
3rd Annual Sean Penn & Friends HELP HAITI HOME Gala Benefiting J/P HRO Presented By Giorgio Armani - Inside
InvestingU2’s Bono Just Invested in a Food-Tech Startup
By Polina MarinovaDecember 7, 2016
This Stealthy Startup Snags $2.5 Million to Make Factories Smarter
TechThis Stealthy Startup Snags $2.5 Million to Make Factories Smarter
By Barb DarrowDecember 7, 2016
BRITAIN-EU-POLITICS-BREXIT
TechTech Investors Say UK Must Clarify Brexit Immigration Stance
By ReutersDecember 5, 2016
Tyson Foods Inc. Products Ahead Of Earnings Figures
MPWTyson Foods Launches $150 Million VC Fund to Invest in Startups
By John KellDecember 5, 2016
Man dropping crumpled paper in bin surrounded with paper aeroplanes
Startups & Venture10 Signs Your Startup Probably Won’t Make It
By Richard Harroch and AllBusiness.comDecember 4, 2016
Germany's Economy And Energy Minister Sigmar Gabriel Meets Tesla Motors Inc. Chief Executive Officer Elon Musk
TechElon Musk Is the Most Admired Leader in Technology
By David Z. MorrisDecember 3, 2016
Peaking
Startups & VentureNew Evidence That Small Businesses Are Headed for Trouble
By Jeremy QuittnerDecember 2, 2016
Moon Express MX-1E lunar lander
TechThis Indian Startup Is Planning a Moon Mission for 2018
By Kate Samuelson and TIMEDecember 2, 2016
This Startup Turns Breweries’ Leftovers Into Granola Bars
HealthThis Startup Turns Breweries’ Leftovers Into Granola Bars
By Chris Joslin and Laura EntisDecember 1, 2016
472321912
TechGE, Microsoft Investment Arms to Lead Internet of Things Venture in Israel
By ReutersDecember 1, 2016
Product Hunt screenshot August 21 2014
TechAngelList Acquires Product Hunt to Form a Startup Discovery Powerhouse
By Kia KokalitchevaDecember 1, 2016
Here’s Birchbox Co-Founder’s Advice to Other Female Startup Founders
MPWHere’s Birchbox Co-Founder’s Advice to Other Female Startup Founders
By Kia KokalitchevaNovember 30, 2016
Overtime Rules in Limbo: What Businesses Should Do Now
Startups & VentureOvertime Rules in Limbo: What Businesses Should Do Now
By Jeremy QuittnerNovember 29, 2016
Clif Bar’s Former CEO Opens Up About the Emotional Toll of Entrepreneurship
Startups & VentureClif Bar’s Former CEO Opens Up About the Emotional Toll of Entrepreneurship
By Jeremy QuittnerNovember 28, 2016
Iconic Tree with Branches of Arrows
LeadershipMake Sure Your Startup Isn’t a Flash in the Pan
By YEC and AllBusiness.comNovember 27, 2016
Utah Software Engineer Mints Physical Bitcoins
TechBanks Could Invest $59 Million in This Blockchain Startup
By ReutersNovember 25, 2016
UBER Cabs Booking Using Mobile App
TechUber Is About to Face a Landmark Battle in Europe
By ReutersNovember 25, 2016
Belize Fugitive John McAfee Lands In Miami And Visits South Beach
TechThis Canadian Startup Hired John McAfee as Chief Security Officer
By Chris O'Brien and VentureBeatNovember 24, 2016
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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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