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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

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

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

3

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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Future of Work

Young worker at desk
Remote-first fintech giant Revolut is making the office compulsory for new Gen Z grads—and they’ll earn flexibility like their peers after one year

Revolut is pulling back its remote-first perks for grads in 2027—but those who succeed in the program have a shot at the digital nomad lifestyle.

By Emma BurleighJune 30, 2026
Jamie Dimon isn’t giving up the top job. That’s turned JPMorgan into a poaching ground for CEO talent
Jamie Dimon isn’t giving up the top job. That’s turned JPMorgan into a poaching ground for CEO talent
By Ruth UmohJune 30, 2026
paralegal
The most reassuring argument about AI and jobs quietly explains why Gen Z can’t get one
By Nick LichtenbergJune 29, 2026
Photo of Bryan and Shannon Miles
This entrepreneurial couple cashed out their 401(k)s and sold a $126 million company—now they run a U.K. soccer team
By Emma BurleighJune 28, 2026
Target worker stocks shelves
Target is starting to track employees’ unexcused lateness and absences with a points system—and if they rack up 12, they’re fired
By Emma BurleighJune 29, 2026
Sofia
This CEO became 3x more productive with AI. Then she read what her daughter wrote about it at Dartmouth
By Maria Colacurcio and Sofia FreiJune 28, 2026
Latest Stories
Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
AIDell’s AI boom is real, but so is the profit margin hit nobody is pricing in
By Mia OsmonbekovJune 30, 2026
Young couple looking sad in front of a home with a for sale sign
Real EstateGen Z and millennials aren’t convinced the American Dream exists anymore: Only 40% of them can afford to buy a home
By Tristan BoveJune 30, 2026
Russian President Vladimir Putin
EconomyIt started with one viral influencer complaining about Russia’s economy. Now a record 60% of Russians are pessimistic about their country’s outlook
By Tristan BoveJune 30, 2026
Image of colored bar charts with one being pushed up.
NewslettersAI is minting billion-dollar companies faster than before
By Beatrice NolanJune 30, 2026
Stripe CEO Patrick Collison gestures with his hands as he speaks into a microphone before a congressional committee hearing.
CryptoStripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle
By Camila Grigera NaónJune 30, 2026
kean
PoliticsTom Kean discloses depression diagnosis behind 4-month absence from Congress: ‘until you experience it yourself, it is difficult to fully understand’
By Mike Catalini, Joey Cappelletti and The Associated PressJune 30, 2026
t
CommentaryNetflix could turn NBC into its biggest bet yet — and this time, the math actually works
By Jeffrey Sonnenfeld and Steven TianJune 30, 2026
A woman types into a kiosk at an airport.
Travel & Leisure‘You can expect prices to be high and stay high’: Domestic airfare is skyrocketing faster than international flight costs, despite using less jet fuel
By Sasha RogelbergJune 30, 2026
More Future of WorkPage 67 of 83
Commentary-Hybrid Work Blueprint
CommentaryA blueprint for designing hybrid work policies
By Erin L. Kelly and Phyllis MoenMay 17, 2021
  • Why Teaching Computers Emotional Intelligence Is Important
    AIWhy Teaching Computers Emotional Intelligence Is Important
    By Verne KopytoffOctober 22, 2018
Commentary-Workplaces Hybrid
CommentaryHow businesses can implement the hybrid workplace of the future today
By Kirt WalkerApril 26, 2021
The pros and cons of working remotely
CommentaryThe pros and cons of working remotely
By Bill GeorgeApril 17, 2021
A startlingly low number of remote workers want to go back to their office routine after the pandemic
FinanceA startlingly low number of remote workers want to go back to their office routine after the pandemic
By Lance LambertMarch 10, 2021
When you get back to your office, here’s what’s going to be different
FinanceWhen you get back to your office, here’s what’s going to be different
By Chris TaylorJanuary 31, 2021
Reimagining the C-suite for a digital-first world
LeadershipReimagining the C-suite for a digital-first world
By Brian ElliottJanuary 25, 2021
  • Siemens U.S. CEO Barbara Humpton at the Fortune Brainstorm Reinvent Conference in Chicago on Sept. 24, 2018.
    LeadershipSiemens USA CEO: Corporate Leaders Need a ‘Digital Quotient’
    By Andrew NuscaOctober 15, 2018
To get serious about diversity, make it as fundamental as quarterly financial filings
LeadershipTo get serious about diversity, make it as fundamental as quarterly financial filings
By Lucinda ShenJanuary 22, 2021
Over a third of executives still have no timeline for reopening their offices
NewslettersOver a third of executives still have no timeline for reopening their offices
By David Meyer and Alan MurraySeptember 4, 2020
A woman works at a desktop computer alongside an Apple Inc. laptop in a home office in this arranged photograph taken in Bern, Switzerland, on Saturday, Aug. 22, 2020.
NewslettersWorkers trust their employers during the pandemic—for now
By David Meyer and Alan MurraySeptember 3, 2020
Most knowledge workers don’t want to return to the office full-time
NewslettersMost knowledge workers don’t want to return to the office full-time
By David Meyer and Alan MurraySeptember 2, 2020
Is the COVID crisis busting business bureaucracy?
NewslettersIs the COVID crisis busting business bureaucracy?
By David Meyer and Alan MurrayAugust 7, 2020
  • Box CEO Aaron Levie: Why Big Companies Need Small Teams
    LeadershipBox CEO Aaron Levie: Why Big Companies Need Small Teams
    By Andrew NuscaOctober 5, 2018
The pandemic has been good to Wayfair
NewslettersThe pandemic has been good to Wayfair
By David Meyer and Alan MurrayAugust 6, 2020
Aneel Bhusri, co-founder and chief executive officer of Workday Inc., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019.
NewslettersHow Workday made its employees its top priority in the pandemic
By David Meyer and Alan MurrayAugust 4, 2020
U.S. President Donald Trump listens during a meeting with members of the National Association of Police Organizations Leadership in the Cabinet Room of the White House July 31, 2020 in Washington, DC.
NewslettersThe TikTok drama betrays increasing political desperation in the U.S.-China showdown
By David Meyer and Alan MurrayAugust 3, 2020
A girl walkthrough floodwater as flood situation worsens at Mawa area in Munshiganj, Bangladesh on Wednesday, July 29,2020.
NewslettersDon’t forget the climate crisis, CEOs say
By David Meyer and Alan MurrayJuly 31, 2020
Why J&J wants its workers back in the workplace as soon as that’s safe
NewslettersWhy J&J wants its workers back in the workplace as soon as that’s safe
By David Meyer and Alan MurrayJuly 30, 2020
CEOi-Lores-Nadella-Sweet-Swan
NewslettersTech CEOs outline how the pandemic will change the future of work
By David Meyer and Alan MurrayJuly 29, 2020
How Fitbit and other wearables can help detect the spread of COVID-19
TechHow Fitbit and other wearables can help detect the spread of COVID-19
By Aaron PressmanJuly 19, 2020
How tech giants are handling the unprecedented mental health crisis in the workplace
TechHow tech giants are handling the unprecedented mental health crisis in the workplace
By Jonathan VanianJuly 14, 2020
Accenture chief leadership and HR officer Ellyn Shook
Leadership‘Employment lawyers are going to have a field day’: Business leaders grapple with how to reopen
By Lance LambertJune 26, 2020
After coronavirus, bicycles will have a new place in city life
TechAfter coronavirus, bicycles will have a new place in city life
By David Z. MorrisJune 15, 2020
PWC-Tim-Ryan-Diversity Inclusion
FinanceWhy every company needs to ‘reimagine’ their workplace, according to PwC’s U.S. CEO
By Lee CliffordJune 14, 2020
Why these Safeway grocery clerks are concerned about artificial intelligence
NewslettersWhy Safeway grocery clerks worry about artificial intelligence
By Jonathan VanianMarch 17, 2020
East Harlem Celebrates Three Kings Day With Annual Parade
Future of WorkMayor Bill de Blasio Set to Unveil Guaranteed Paid Time Off for New Yorkers
By Don ReisingerJanuary 9, 2019
super market shopping
Future of WorkThe Gig Economy Never Really Happened, Say the Economists Who Predicted It
By Erik ShermanJanuary 7, 2019
Plan To Cease The Previously Long-Planned Full Shutdown Of L Train Announced By Governor Cuomo
Real EstateWhat New York’s Avoided Subway Shutdown Means for Businesses, Landlords, and Buyers
By Rachel KingJanuary 4, 2019
President Trump signs a memorandum expanding STEM Education access at the White House
Future of WorkIvanka Trump and Apple CEO Tim Cook Will Visit an Idaho School Together
By Don ReisingerNovember 27, 2018
First Robot 5s Shop Opens in China's Changsha
AIU.S. Tech Firms to Help Train 20 Million Southeast Asian Workers to Avoid the A.I. Apocalypse
By Erik ShermanNovember 19, 2018
CHINA-ECONOMY-MANUFACTURING
EconomyU.S. Companies Warn Tariffs and Tax Policy Could Make for a Bad 2019
By Hallie DetrickNovember 5, 2018
Fortune Brainstorm Reinvent 2018
Future of WorkHow Companies Can Use Artificial Intelligence to Have a Human Impact With Workers
By Verne KopytoffOctober 26, 2018
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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse placeplaceholder alt text
By Sydney LakeJune 29, 2026
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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
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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 fasterplaceholder alt text
By Preston ForeJune 27, 2026
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