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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

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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
flint

Pistons Owner Tom Gores Donates $10 Million for Flint Relief

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January 28, 2016, 11:42 AM ET
AUBURN HILLS, MI - OCTOBER 28:  at the Palace of Auburn Hills on October 28, 2015 in Auburn Hills, Michigan. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Gregory Shamus/Getty Images) *** Local Caption ***
AUBURN HILLS, MI - OCTOBER 28: at the Palace of Auburn Hills on October 28, 2015 in Auburn Hills, Michigan. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Gregory Shamus/Getty Images) *** Local Caption ***Photograph by Gregory Shamus — Getty Images
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Detroit Pistons owner Tom Gores has donated $10 million for relief efforts of the water crisis in Flint, Mich., the team announced Thursday.

Flint has been in a national state of emergency since Jan. 16, following numerous cases of rashes, hair loss and lead poisoning since the city’s water supply switched from Detroit water to Flint River water in April 2014 in an effort to save money.

Flint did not return to Detroit water until last October after tests revealed high levels of lead in tap water.

“The issues facing Flint won’t be solved solely through government intervention and emergency support,” Gores said. “The private sector needs to play a role here, and I am committed to helping drive that effort.”

Gores, a native of Flint, feels close ties to the city and its current crisis.

“I grew up in Flint, my family has strong roots there, and I believe in the people who live there,” Gores said.

Gores, 51, has also appointed Pistons vice chairman Arn Tellem and equity partner Mark Barnhill to rally other businesses and civic leaders to participate in the relief efforts.

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