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Photo of Sydney Lake
Sydney Lake
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Sydney Lake is an associate editor at Fortune, where she writes and edits news for the publication's global news desk covering generational dynamics, billionaire philanthropy, housing, real estate, luxury, and wealth. Before joining Fortune, Sydney served as the assistant editor of Virginia Business magazine and worked on the production desk at CQ Roll Call. She earned her bachelor’s degree in journalism and leadership studies from the University of Richmond and her master's degree in digital media management from the University of Southern California.
Even billionaires are worried their Gen Z kids can’t keep a job—and their wealth advisors say the fear is ‘very real’
Success
Even billionaires are worried their Gen Z kids can’t keep a job—and their wealth advisors say the fear is ‘very real’
By Sydney LakeAugust 22, 2026
MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar
Success
MacKenzie Scott gave California public education $461 million—and let the recipients decide how to spend every dollar
By Sydney LakeAugust 21, 2026
Teachers in one of San Francisco’s richest suburbs are so underpaid that a philanthropist just gave each of them $9,161
Success
Teachers in one of San Francisco’s richest suburbs are so underpaid that a philanthropist just gave each of them $9,161
By Sydney LakeAugust 20, 2026
USC just shattered its fundraising record by nearly $100 million—thanks partly to the billionaire family behind the Houston Texans
Success
USC just shattered its fundraising record by nearly $100 million—thanks partly to the billionaire family behind the Houston Texans
By Sydney LakeAugust 19, 2026
Photo of Roy and Nola Thompson
Success
Married 69 years, this philanthropic couple died 8 days apart—after giving away more than $20 million from a hotel-and-property fortune
By Sydney LakeAugust 18, 2026
The $124 trillion Great Wealth Transfer is fully underway—but nonprofits are ‘paralyzed’ by how to chase millennials’ newfound wealth
Success
The $124 trillion Great Wealth Transfer is fully underway—but nonprofits are ‘paralyzed’ by how to chase millennials’ newfound wealth
By Sydney LakeAugust 16, 2026
Photo of Phoebe Gates
Startups & Venture
‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’
By Sydney LakeAugust 15, 2026
Billionaire Home Depot cofounder Bernie Marcus’s foundation donates nearly $30 million toward stem cell research for heart attacks
Success
Billionaire Home Depot cofounder Bernie Marcus’s foundation donates nearly $30 million toward stem cell research for heart attacks
By Sydney LakeAugust 14, 2026
Gates Foundation’s $540 million gift to science comes as the federal government pulls back on funding
Success
Gates Foundation’s $540 million gift to science comes as the federal government pulls back on funding
By Sydney LakeAugust 12, 2026
Photo of Steve and Connie Ballmer
Success
After donating $8 billion, Steve and Connie Ballmer create three regional philanthropies so people closest to the work can decide how the money is spent
By Sydney LakeAugust 11, 2026
MacKenzie Scott has given away $26 billion and rarely speaks publicly. Now she’s releasing a novel—but you won’t find it on Amazon
Success
MacKenzie Scott has given away $26 billion and rarely speaks publicly. Now she’s releasing a novel—but you won’t find it on Amazon
By Sydney LakeAugust 10, 2026
A Gen Z worker got called out by their CEO for leaving 10 minutes early. Workplace experts debate who was in the wrong
Workplace Culture
A Gen Z worker got called out by their CEO for leaving 10 minutes early. Workplace experts debate who was in the wrong
By Sydney LakeAugust 9, 2026
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
By Sydney LakeAugust 8, 2026
California mints the most billionaires. A new index ranks it dead last on the freedom to give to charity
Personal Finance
California mints the most billionaires. A new index ranks it dead last on the freedom to give to charity
By Sydney LakeAugust 6, 2026
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
Politics
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
By Sydney LakeAugust 5, 2026
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Most Popular
Economy
Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke saysplaceholder alt text
By Jason Ma and Shawn TullyAugust 22, 2026
Middle East
'We will not endure' — Top Iranian leaders signal they are running out of time as economy crumbles ahead of Trump's next sanctions onslaughtplaceholder alt text
By Jason MaAugust 22, 2026
MPW
‘Take time in quiet’: Melinda French Gates says to spend at least 10 minutes a day on self-careplaceholder alt text
By Sarah GlodekAugust 21, 2026
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