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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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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
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How Companies Can Cater to Millennials Who Constantly Consider Career Pivots

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Tamara El-Waylly
Tamara El-Waylly
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By
Tamara El-Waylly
Tamara El-Waylly
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October 23, 2019, 1:45 PM ET
power pivot panel mpw 2019
The workforce will increasingly expect control over how they work and earn. Danuta Otfinowski for Fortune
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Millennial employees already want flexible work hours and ownership of their schedules—and companies should expect those desires to become even more widespread.

“What we’re fundamentally shifting towards, as a culture, is the place where you want to have autonomy over your skill set, how you apply it, how you work, and how you earn,” Alexa von Tobel, founder and managing partner of Inspired Capital, said at the Fortune Most Powerful Women Summit in Washington, D.C. on Wednesday. “So it’s not just skill-set development, it’s also autonomy over my personal life.”

The smartest companies, von Tobel says, are “leaning into it.”

Millennials don’t envision a career path that involves staying at a company for years and moving within the organization. The generation looks at each new position for “transferable skills” and constantly considers career pivots, von Tobel added.

“If you’re holding on so tight to the steering wheel that you’re only looking in one direction, you may miss really important things that are going on because you’re overly focused on one thing,” said Laurie Ann Goldman, CEO of L.A. Ventures.

But, in their constant search for new skills and opportunities, millennials can act prematurely, argued Niki Christoff, senior vice president for strategy and government relations at Salesforce. With Generation Z and millennials, “they sometimes ask before they deserve to ask.”

More must-read stories from Fortune’s MPW Summit:

—Eva Longoria calls for greater diversity in Hollywood, business
—”I don’t regret enforcing the law.” Former DHS head Nielsen defends family separation in heated interview
—Why 3 major companies decided to take a stand on gun violence
—Tulsi Gabbard calls Hillary Clinton’s Russian jabs “outrageous” at Fortune’s Most Powerful Women Summit
—Anita Hill calls on candidates to address gender violence
Keep up with the world’s most powerful women with Fortune’s Broadsheet newsletter.

Correction: A previous version of this story misstated Alexa von Tobel’s title.

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