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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

paralegal
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
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
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
AIThis summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time
By Tristan BoveJune 29, 2026
Lisa Cook and E. Jean Carroll win against Trump at the Supreme Court
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By Emma HinchliffeJune 29, 2026
Photo of Jim Farley
AIFord on why it hired 350 ‘gray beard’ engineers: you need their mentorship for younger workers — and to drive huge AI productivity gains
By Sasha RogelbergJune 29, 2026
The Supreme Court upholds Fed independence by saving Lisa Cook’s job—and also saves U.S. debt from a crisis
EconomyThe Supreme Court upholds Fed independence by saving Lisa Cook’s job—and also saves U.S. debt from a crisis
By Jason MaJune 29, 2026
More Future of WorkPage 83 of 83
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LeadershipThe future of work: Say goodbye to HR?
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LeadershipIn business, nice guys finish first. Yes, really.
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TechWhen office gossip helps the bottom line
By Erin GriffithMarch 27, 2015
The machine and the farm
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By FortuneOctober 1, 1948
How can the U.S. achieve full employment?
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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
Success
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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