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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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Yum China, Santander, and Guild are among 50 companies changing the world

Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
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Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
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September 24, 2025, 9:42 AM ET
Joey Wat's Yum China makes Fortune's 2025 Change the World list.
Joey Wat's Yum China makes Fortune's 2025 Change the World list. Lam Yik/Bloomberg via Getty Images
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Corporate do-gooderism is at a low point in the U.S. these days. Yet some companies are still changing the world through their businesses.

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The 11th edition of Fortune’s annual Change the World list is out this morning, highlighting 50 companies who are doing well by doing good (aka effecting positive change through their businesses, rather than just philanthropy on the side). They’re chosen based on their social impact, business results, and degree of innovation.

On this year’s list:

Yum China, led by CEO Joey Wat: The operator behind China’s 17,000 KFC and Pizza Hut locations operates a food bank program that distributes surplus food to those in need. Over 1,000 stations in more than 180 cities have saved more than 1,600 tons of food, enough to feed 4,000 people for a year, since the program’s launch in 2020. A new charity law in China encourages more charitable activities to be community-based, and Yum China’s success can now be a template for other restaurant operators.

The National Women’s Soccer League, led by commissioner Jessica Berman: The league’s 2024 CBA introduced increased minimum salary guarantees and expanded paid parental and mental health benefits for players. In 2024, total NWSL regular season attendance topped 2 million fans, a 44% increase from the previous season.

Banco Santander, led by executive chair Ana Botín: The global banking giant has been investing in workforce upskilling for nearly 30 years, investing 2.4 billion euros in job training and broader higher education. Among its most effective tools: Santander Open Academy, which offers free courses and scholarships for about 1,000 programs every year, in partnership with universities in 14 countries.

Guild, led by CEO Bijal Shah: Guild partners with employers to provide those job training and upskilling, at no cost to the students. In 2024, about 1.4 million employees were eligible for Guild training programs, and 60,000 completed or graduated from them, saving more than $1 billion in tuition costs. Guild says its learners are 3.5 times as likely to rise in the ranks at their companies, and only half as likely to leave.

Explore the full list here.

Emma Hinchliffe
emma.hinchliffe@fortune.com

The Most Powerful Women Daily newsletter is Fortune’s daily briefing for and about the women leading the business world. Subscribe here.

ALSO IN THE HEADLINES

Kamala Harris's book is out now. The headlines have been trickling out, but one of the biggest takeaways is that the former VP still seems undecided as to what's next for her. NPR

The world's best players are pushing for reform of professional tennis. Men's and women's stars signed a letter advocating for sweeping changes, which include an increase in prize money as share of revenue and improved pension, health care, and maternity benefits. The Athletic

New Zealand's central bank got its first female governor. Swede Anna Breman takes over the institution, which has been criticized over its management of the country's economy. Reuters

ON MY RADAR

This labor market isn't great for women, either Bloomberg

At 95, June Squibb is embracing the future Glamour

Diddy, SBF, and Bill Hwang are relying on Wall Street's last-chance lawyer Bloomberg

PARTING WORDS

"I’ve always admired those who make big and even small changes in their lives, and weren’t scared to jump."

— Hoda Kotb on her new book

This is the web version of MPW Daily, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.
About the Author
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
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Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

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