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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.
North Carolina teachers spend an average of $1,632 of their own money on school supplies—a foundation just gave $2M so they won’t have to
Success
North Carolina teachers spend an average of $1,632 of their own money on school supplies—a foundation just gave $2M so they won’t have to
By Sydney LakeAugust 26, 2026
Photo of Dolly Parton
Success
Dolly Parton’s philanthropy inspiration was her father who couldn’t read or write: ‘I saw how crippling that could be’
By Sydney LakeAugust 25, 2026
Photo of Jamie and Judith Dimon
Success
Jamie Dimon and his wife, Judith, donate $12 million to 12 HBCUs—betting they’re the ‘springboard to success’ for the next generation
By Sydney LakeAugust 25, 2026
MacKenzie Scott
Success
A $1,000 loan kept MacKenzie Scott in college—now the billionaire philanthropist is giving away her $37 billion fortune to pay it forward
By Sydney LakeAugust 24, 2026
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
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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
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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
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C-Suite
Jamie Dimon says the American Dream is slipping away. The dysfunctional baby boomer retirement wave is a major part of the problemplaceholder alt text
By Nick LichtenbergSeptember 14, 2026
Economy
Amazon workers on food stamps have tripled despite its record revenue—and it’s just the latest evidence of the new economy of shrinking labor sharesplaceholder alt text
By Sasha RogelbergSeptember 13, 2026
Success
Billionaire Mike Bloomberg was fired after dedicating 15 years of his career to Salomon Brothers—the next morning, he founded his media empireplaceholder alt text
By Emma BurleighSeptember 13, 2026
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