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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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The Coins

A picture of Bitcoins
The crypto market may be out of gas as Bitcoin dips under $100k and altcoins plummet

The markets staged a modest rally on Wednesday but assets like Ethereum and Solana have taken a pounding.

By Carlos GarciaNovember 6, 2025
Brad Garlinghouse smiles at the camera.
Ripple says Fortress, Citadel Securities invest $500 million
By Emily Mason and BloombergNovember 5, 2025
A man in a black hoodie and glasses is speaking
Altcoin giant Animoca Brands aims to go public next year, listing will test investor appetite for exotic crypto assets
By Carlos GarciaNovember 4, 2025
A man tries to pull a coin with a BTC logo up a mountain.
Crypto’s big ‘Uptober’ ends with a whimper, Bitcoin down 4%
By Carlos Garcia and Ben WeissOctober 31, 2025
Two men are looking at monitors while trading
Crypto’s second wave of ETFs arrives, investors snap up new Solana offering
By Carlos GarciaOctober 31, 2025
Michael Saylor on stage at a Bitcoin conference.
Michael Saylor boosts yield, says Strategy is at an ‘inflection point’
By David Pan, Judy Lagrou and BloombergOctober 30, 2025
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CryptoWhat the world learned from the American century: The global wealth pyramid turns into a fat diamond spinning top
By Nick LichtenbergJune 30, 2026
More The CoinsPage 6 of 46
Spot Bitcoin ETFs experience record outflow, bleeding over $1 billion in one day
The CoinsSpot Bitcoin ETFs experience record outflow, bleeding over $1 billion in one day
By Catherine McGrathFebruary 27, 2025
Solana hits 5-month low as memecoin traders back off after $LIBRA scandal
The CoinsSolana hits 5-month low as memecoin traders back off after $LIBRA scandal
By Catherine McGrathFebruary 26, 2025
Photo illustration of Bitcoin token
The CoinsBitcoin slides below $90,000 as crypto selloff gathers steam
By Suvashree Ghosh and BloombergFebruary 25, 2025
Bybit just suffered the biggest attack in crypto history, suffering $1.4 billion in losses
CompaniesBybit just suffered the biggest attack in crypto history, suffering $1.4 billion in losses
By Catherine McGrathFebruary 21, 2025
Mike Cagney, chief executive officer of Figure, speaks during DC FinTech Week.
The CoinsFigure gains SEC approval for first interest-bearing stablecoin launch
By Ben WeissFebruary 20, 2025
Argentine President Javier Milei endorsed a memecoin that lost $4 billion in hours. Now a judge is investigating him for fraud
The CoinsArgentine President Javier Milei endorsed a memecoin that lost $4 billion in hours. Now a judge is investigating him for fraud
By Ben WeissFebruary 18, 2025
Illustration of a coin with Donald Trump's image on it
The CoinsDonald Trump is giving out $50 worth of his memecoin to people who previously bought other merchandise
By Catherine McGrathFebruary 18, 2025
David Solomon smiles at the camera during an interview.
CompaniesGoldman Sachs gobbles up Bitcoin and Ethereum as crypto ETF holdings soar past $2 billion
By Ben WeissFebruary 12, 2025
Kanye West douses memecoin rumor; Dave Portnoy dives into Solana 
NFTs and CultureKanye West douses memecoin rumor; Dave Portnoy dives into Solana 
By Catherine McGrathFebruary 10, 2025
Bitcoin jumps 2% on weaker-than-expected jobs report, XRP is up 6%
The CoinsBitcoin jumps 2% on weaker-than-expected jobs report, XRP is up 6%
By Catherine McGrathFebruary 7, 2025
Michael Saylor’s company rebrands to ‘Strategy’ and calls itself a ‘Bitcoin treasury company’
CompaniesMichael Saylor’s company rebrands to ‘Strategy’ and calls itself a ‘Bitcoin treasury company’
By Catherine McGrathFebruary 5, 2025
Photo of Donald Trump in the Oval Office
RegulatorsTrump created the first ever U.S. sovereign wealth fund: Will it include Bitcoin?
By Catherine McGrathFebruary 4, 2025
Illustration showing the Ethereum symbol
The CoinsEthereum shoots up 25%, Eric Trump issues surprise endorsement
By Jeff John RobertsFebruary 3, 2025
President Donald Trump
The CoinsBitcoin plunges below $100,000 amid tariff worries, XRP falls 33%
By Catherine McGrathFebruary 3, 2025
Grayscale files for XRP ETF but Litecoin will likely come first, Bloomberg analyst says
The CoinsGrayscale files for XRP ETF but Litecoin will likely come first, Bloomberg analyst says
By Catherine McGrathJanuary 31, 2025
President Donald Trump
The CoinsActivist investor Elliott Management says crypto is facing an ’inevitable collapse’ after its ‘perceived proximity to the White House’ inflated a bubble
By Paolo ConfinoJanuary 31, 2025
15 states are considering a strategic Bitcoin reserve: Here’s what you need to know
Regulators15 states are considering a strategic Bitcoin reserve: Here’s what you need to know
By Catherine McGrathJanuary 31, 2025
Elon Musk’s father Errol looks to monetize his famous name with ‘Musk It’ memecoin: ‘I’m the head of the family’
The CoinsElon Musk’s father Errol looks to monetize his famous name with ‘Musk It’ memecoin: ‘I’m the head of the family’
By Leo SchwartzJanuary 30, 2025
DeepSeek app is displayed on an iPhone
The CoinsBitcoin tumbles amid broader market jitters over Chinese AI app DeepSeek
By Catherine McGrathJanuary 27, 2025
Ethereum, beset by infighting, sags behind other tokens in a bull market
The CoinsEthereum, beset by infighting, sags behind other tokens in a bull market
By Catherine McGrathJanuary 23, 2025
Crypto crime lord Ross Ulbricht gets a pardon—but his fortune is gone after the U.S. auctioned off his Bitcoins in 2014 for just $334 each
The CoinsCrypto crime lord Ross Ulbricht gets a pardon—but his fortune is gone after the U.S. auctioned off his Bitcoins in 2014 for just $334 each
By Jeff John RobertsJanuary 22, 2025
Solana battles Coinbase outages as SOL hits all-time high
CompaniesSolana battles Coinbase outages as SOL hits all-time high
By Catherine McGrathJanuary 22, 2025
Photo of Donald Trump
The CoinsTrump’s inauguration sends Bitcoin on wild ride
By Catherine McGrathJanuary 21, 2025
Trump’s $9 billion crypto coin is a windfall—and a new forum for influence buying, ethics expert warns
The CoinsTrump’s $9 billion crypto coin is a windfall—and a new forum for influence buying, ethics expert warns
By Leo SchwartzJanuary 21, 2025
Bitcoin surges past $109,000 ahead of possible early Trump crypto action: ‘You’re going to be very happy with me’
The CoinsBitcoin surges past $109,000 ahead of possible early Trump crypto action: ‘You’re going to be very happy with me’
By Alan Suderman and The Associated PressJanuary 20, 2025
Inside the first Crypto Ball: Snoop, the Treasury Secretary—and a $70 billion memecoin surprise from Trump
CompaniesInside the first Crypto Ball: Snoop, the Treasury Secretary—and a $70 billion memecoin surprise from Trump
By Leo SchwartzJanuary 19, 2025
Trump’s surprise memecoin explodes to nearly $7 billion
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By Leo SchwartzJanuary 18, 2025
Ripple’s XRP breaks $3 for first time since 2018, nears all-time high
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By Catherine McGrathJanuary 16, 2025
XRP and Solana ETPs could rake in as much as $14 billion, JPMorgan says
The CoinsXRP and Solana ETPs could rake in as much as $14 billion, JPMorgan says
By Catherine McGrathJanuary 16, 2025
Bitcoin rebounds to $100,000 as inflation data puts Fed rate cuts ‘back on the table’
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By Catherine McGrathJanuary 15, 2025
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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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