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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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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

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

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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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
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Deadly floods in Mexico that killed 76 people trigger a 5-mile oil spill that could ripple through the gulf economy

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October 22, 2025, 10:46 AM ET
Houses sit damaged after flooding in Poza Rica, Veracruz state, Mexico, Sunday, Oct. 12, 2025.
Houses sit damaged after flooding in Poza Rica, Veracruz state, Mexico, Sunday, Oct. 12, 2025. AP Photo/Felix Marquez
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 Mexico’s state-run oil company said Tuesday that the torrential rains that left dozens dead and missing in east-central Mexico also damaged a pipeline, leading to a 5-mile (8-kilometer) spill along the Pantepec River.

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Petroleos Mexicanos, known as Pemex, said in a statement that its crews had reacted “immediately” to stop and contain the spill around the town of Alamo, one of the communities hit hardest by the recent flooding.

The company did not say when the spill occurred or exactly what spilled.

But Alamo resident Arturo de Luna said locals became aware of it over the weekend. “Sincerely, we’re very worried,” he said.

At least 76 people died in heavy rains from Oct. 6 to 11 across several states in central and eastern Mexico. Some three dozen remain missing and more than 100 communities remain inaccessible by road.

Alamo, along with Poza Rica, were the most affected communities in northern Veracruz state. Residents in part of Poza Rica found their homes’ walls streaked with oil after waters from the Cazones River receded, though no spill was confirmed there.

The Pantepec River crosses northern Veracruz and supplies water for a number of communities, including the city of Tuxpan near where the river dumps into the Gulf of Mexico.

Tuxpan Mayor Jesús Fomperoza said on Facebook on Tuesday that Pemex, the navy, security forces and energy and environmental agency personnel were working with local and state officials to keep the spill from reaching municipal water systems.

He said private businesses, fishermen and others had helped to install containment barriers.

But the spill was affecting lives along the river.

De Luna, the Alamo resident, said boat services that locals use to move across and up and down the river were suspended, cutting off some river communities.

Alejandra Jiménez, an activist with Foundation Chalchi, a nongovernmental organization focused on protecting water resources, said it was too early to determine the spill’s environmental impact but that recovery of the ecosystem could take years.

“The prevention phase didn’t happen, so now they have to keep it from spreading,” she said.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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