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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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They want their teams to win. The Liberty and Nets owners are funding scientific breakthroughs on human health that only billionaire philanthropy can achieve

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
Down Arrow Button Icon
April 29, 2026, 12:56 PM ET
Clara Wu Tsai and Joe Tsai, owners of the New York Liberty and Brooklyn Nets, are funding transformative research about human health.
Clara Wu Tsai and Joe Tsai, owners of the New York Liberty and Brooklyn Nets, are funding transformative research about human health. Evan Yu/NBAE via Getty Images
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A few weeks ago, I asked Clara Wu Tsai a hard question: Would you rather build the first billion-dollar WNBA team or make a major scientific discovery about human performance?

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“I’d like to do both,” she laughed. And, she pointed out, they’re connected. Wu Tsai is the owner of the New York Liberty and the Brooklyn Nets. She’s been a force in growing the WNBA, with the Liberty capitalizing on its position in the world’s biggest media market to drive fandom and dollars on the way to a billion-dollar valuation.

Less known is that she and her husband, Joe Tsai, committed $220 million in 2021 to build the Wu Tsai Human Performance Alliance at Stanford (hence the second part of my question). The premise is that studying professional athletes—human beings at peak performance—can both drive success in professional sports and help the rest of us live healthier lives too.

Five years in, Wu Tsai is ready to share more about the work the Alliance has been doing. Headquartered at Stanford, the Alliance now encompasses more than 500 scientists across seven institutions. Scientists within this group have published 850 pieces of research, filed 28 patents, and have three drugs seeking FDA approval.

This is a research area that really needs private—billionaire—philanthropy. Federal funding goes toward the study of disease, not health, explains Scott Delp, the director of the alliance and a professor of bioengineering, mechanical engineering, and orthopaedic surgery at Stanford. “When I write a proposal the NIH, somebody has to be very sick or hurt or have a disease and then we swoop in with the science and save the day,” he says. “This really flips that discussion to understand health.” Wu Tsai realized that gap. “One of the key tenets of our philanthropy is to find quote-unquote white spaces, places where funding doesn’t exist, but it’s a subject matter of great importance, and if funded could lead to some breakthrough for a wide swath of population,” she says. “This fit that.”

One of the Alliance’s most exciting discoveries is related to muscle regeneration. In sports, this will help answer questions about why female athletes suffer more ACL injuries and how to better treat and prevent them. But it’s also led to the discovery of a new molecule involved in the regenerative capacity of muscle that is now part of a drug in an FDA trial that would maintain muscle health, mass, and strength with age.

Kate Ackerman, director of the Women’s Health Sports and Performance Institute, leads the Alliance’s work connecting this research back to female athletes. Like the rest of women’s health, female athletes are under-researched and have had training and recovery protocols that were built for male athletes. That’s of special interest to Wu Tsai, while she works to win championships for the Liberty. “Research is great, but impact comes when you are able to translate the findings onto the court or the field,” Wu Tsai says. The Tsais have already integrated new best practices for long-range travel, sleep, and nutrition for the Liberty and the Nets. Eventually, they’d like the entire NBA and WNBA to get involved.

“When you come up with an incredible breakthrough that you can translate to players, it means they can be on the floor longer, miss fewer games, and that means more fans can see their favorite athletes play more,” Wu Tsai says. “That just leads to a better product, more fan engagement, more excitement. And it’s really good for business.”

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

King Charles and Queen Camilla visit the White House. At their state dinner, guests included Google's Ruth Porat, London-based new BP CEO Meg O'Neill, Meta's Dina Powell McCormick, and Fox News Media CEO Suzanne Scott. Six Supreme Court justices were there—only the conservatives. 

And in more SCOTUS news... The Supreme Court just struck down Louisiana's voting map in a 6-3 decision split along idealogical lines. The liberal wing of the court sees the decision as a decimation of the Voting Rights Act. Justice Elena Kagan wrote in their dissent: "The court’s decision will set back the foundational right Congress granted of racial equality in electoral opportunity." 

The FCC ordered a review of ABC's local station broadcast licenses. It's an unprecedented step that puts pressure on ABC and parent Disney, under new CEO Josh D'Amaro and chief creative officer Dana Walden. Last week, host Jimmy Kimmel made a joke calling Melania Trump an "expectant widow;" it was before the shooter at the White House Correspondents' Dinner and Kimmel said referred to their age gap. But President Trump called for Kimmel to be fired. Kimmel, of course, has already been a Trump target after the Charlie Kirk incident last year (which Walden was key to navigating). 

The Ms. Foundation gets a new leader. Tracy Sturdivant is taking over from Teresa Younger. It's a handoff between two Black women—and the foundation is on strong footing with a $100 million endowment, despite funding challenges for organizations that work on women's issues and racial equity. "We need all hands on deck to make sure that we’re supporting women in the midst of what I call this perfect form of instability that they’re experiencing," the foundation's new leader says. 

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PARTING WORDS

"We are literally 100% female. That’s not really by design. We would interview people, and the right person for the job was always a woman."

— Brett Heyman on building her cannabis brand Edie Parker

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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