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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

3

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

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The most reassuring argument about AI and jobs quietly explains why Gen Z can’t get one

It’s not just the Jevons Paradox—it’s also the lump of labor fallacy. But there’s no God-given right for entry-level work to exist.

By Nick LichtenbergJune 29, 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
Anthony Scaramucci
Anthony Scaramucci on America 250: where have you gone, Joe DiMaggio?
By Anthony ScaramucciJune 28, 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
Matt Garman speaks on stage in front of a screen showing colorful concentric circles on a black background.
AWS CEO says replacing young employees with AI is ‘one of the dumbest ideas’—and bad for business: ‘At some point the whole thing explodes on itself’
By Sasha RogelbergJune 28, 2026
Latest Stories
Current refi mortgage rates report for June 30, 2026
Personal FinanceCurrent refi mortgage rates report for June 30, 2026
By Glen Luke FlanaganJune 30, 2026
Current ARM mortgage rates report for June 30, 2026
Personal FinanceCurrent ARM mortgage rates report for June 30, 2026
By Glen Luke FlanaganJune 30, 2026
Mortgage rates today, June 30, 2026
Personal FinanceMortgage rates today, June 30, 2026
By Glen Luke FlanaganJune 30, 2026
ac
CommentaryTop climate tech exec: Europe is sweating through a heat crisis America solved decades ago
By Taco EngelaarJune 30, 2026
Should you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot
EnvironmentShould you go to work during a heat wave? Your productivity suffers, and GDP tanks when it’s hot
By Catherina GioinoJune 30, 2026
Brown University Professor Roberto Serrano, a man in a suit holding onto a gold trophy--the King Of Spain Economy Award"-- before Spain's King Felipe and a painted wall.
AI‘Humanity has chosen to become idiots’: This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 2026
bis
EconomyThe central bank of central banks just released its flagship annual report — and it sees a $1 trillion AI investment boom headed for a reckoning
By Nick LichtenbergJune 29, 2026
U.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran
PoliticsU.S. official says $6 billion in frozen Iranian assets will be released, while Oman discusses possible Hormuz service fees with Tehran
By Jon Gambrell, Josh Boak and The Associated PressJune 29, 2026
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TechThe unsung hero of meetings at Twitter is Google Hangouts
By Derrick HarrisSeptember 4, 2015
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    TechFinancial firms gravely underestimate cloud usage, report says
    By Robert HackettAugust 20, 2015
172365182
TechNew MIT course promotes holistic approach to product design and sales
By Barb DarrowSeptember 4, 2015
EA’s Peter Moore sees explosion of women in game development
TechEA’s Peter Moore sees explosion of women in game development
By John GaudiosiSeptember 4, 2015
Microsoft buys ‘people analytics’ startup VoloMetrix
TechMicrosoft buys ‘people analytics’ startup VoloMetrix
By Heather ClancySeptember 3, 2015
job interview
LeadershipWhy being assigned a coach is a compliment
By September 3, 2015
Donald Trump
CommentaryWhat Donald Trump’s age tells us about the future of work in the U.S.
By Julio A. Portalatin and Bethany CiancioloSeptember 3, 2015
  • funeral coffin casket
    Future of WorkWhy your funeral will probably be run by a woman
    By August 20, 2015
American working life: Incredible highs and lows, and plenty of barriers
LeadershipAmerican working life: Incredible highs and lows, and plenty of barriers
By Eleanor BloxhamSeptember 3, 2015
Google Reports Quarterly Earnings
TechGoogle adds voice dictation and other goodies to Google Docs
By Barb DarrowSeptember 2, 2015
This company is redesigning how it works with virtual reality
TechThis company is redesigning how it works with virtual reality
By John GaudiosiSeptember 2, 2015
CEO pay: Flatter salaries, but bigger bonuses
LeadershipCEO pay: Flatter salaries, but bigger bonuses
By September 2, 2015
Custom clothing company JAKE debuted its capsule, ready-to-wear collection on crowdfunding site Indiegogo.
LeadershipSmall designers don’t need big retailers to find a market
By John Hagel III and John Seely BrownSeptember 2, 2015
  • Pivotal chief executive Paul Maritz speaks at the 2014 Fortune Brainstorm Tech conference in Aspen, Colorado.
    TechWhy EMC’s ‘federation’ could unify
    By Adam LashinskyAugust 19, 2015
cash
LeadershipThis recruiting site will pay you $4,500 for a referral
By September 1, 2015
This App Guy Thinks Computer Science Degrees Are a Waste of Money
TechThis App Guy Thinks Computer Science Degrees Are a Waste of Money
By Jeff John RobertsSeptember 1, 2015
Fitbit Force, Jawbone Up, Fitbug Orb, Nike FuelBand SE
TechGlobal HR leader Mercer teams with health analytics startup Jiff
By Heather ClancySeptember 1, 2015
Real Mario Kart In Tokyo
TechHow to survive Silicon Valley’s inevitable slumps
By Adam LashinskyAugust 28, 2015
The WDBJ7 live truck is seen outside of the Bridgewater Plaza in Moneta
LeadershipAfter on-air shooting in Virginia: What makes coworkers turn violent?
By Claire ZillmanAugust 28, 2015
time management clock
LeadershipWhen the day goes off the rails, how productive people get back on track
By Laura VanderkamAugust 28, 2015
Companies liable for labor violations by franchises, says U.S. labor board
LeadershipCompanies liable for labor violations by franchises, says U.S. labor board
By ReutersAugust 27, 2015
Tour Of The Foxconn Complex And Interview With CEO Terry Guo
TechWill tech manufacturing stay in China?
By David Z. MorrisAugust 27, 2015
Angry Birds
TechWhy ‘Angry Birds’ publisher Rovio laid off 38% of its staff
By Chris MorrisAugust 27, 2015
time zones
LeadershipHow one startup keeps employees in 3 time zones on the same page
By August 27, 2015
BlackRock Inc. Headquarters Ahead of Earnings
TechBlackrock buys a robo advisor
By Leena RaoAugust 26, 2015
How this 150-year-old company uses virtual reality
TechHow this 150-year-old company uses virtual reality
By John GaudiosiAugust 25, 2015
School children in classroom.
LeadershipWould more girls study computer science if classrooms were ‘less geeky’?
By August 25, 2015
23722691
LeadershipYou are not your job (even if you are famous)
By Tess VigelandAugust 25, 2015
A gold mine in Western Australia.
TechThe mining industry in 2016: Sensors, robots, and drones (oh my!)
By Andrew NuscaAugust 25, 2015
JAN 20th 2012.pics of . with this cold spell the 54th annual Toronto International Boat Show is wrap
TechIt’s time to teach the new dogs old tricks
By Adam LashinskyAugust 24, 2015
175422122
TechHow Lockheed Martin cleans dirty healthcare data
By Jonathan VanianAugust 24, 2015
FRANCE-DISTRIBUTION-AMAZON
CommentaryWhat Amazon’s workplace controversy says about the future of work
By Ed Frauenheim and Robert LeveringAugust 21, 2015
4th Asian Indoor & Martial Arts Games: Day 3
TechGame on: How chess computers became logistics masterminds
By David Z. MorrisAugust 21, 2015
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Success
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
Success
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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