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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

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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
Comcast’s split brings former CFO Michael Angelakis back as CEO
AIComcast’s split brings former CFO Michael Angelakis back as CEO
By Sheryl EstradaJune 30, 2026
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CommentaryThe U.S. Army is opening military bases to private billions — here’s why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
US President Donald Trump arrives to speak during a Rose Garden Club dinner with American farmers at the White House in Washington, DC, on June 25, 2026.
EconomyTrump takes his inflation battle to gas retailers after his plot against the Fed runs aground—sets target for $2.50 a gallon
By Eleanor PringleJune 30, 2026
The VCs betting founders need a village, not a blank check
NewslettersThe VCs betting founders need a village, not a blank check
By Allie GarfinkleJune 30, 2026
Mark Zuckerberg, CEO of Meta
EconomyAI stocks are in an ‘air pocket’ and Meta and Microsoft are being traded like ‘bear market names that cannot be owned,’ top analyst says
By Jim EdwardsJune 30, 2026
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CommentaryBoston Dynamics CEO: America’s next 250 years will be built by robots. Here’s what’s standing in the way
By Amanda McMasterJune 30, 2026
Gulf bond markets extend their rally despite uncertain outlook
NewslettersGulf bond markets extend their rally despite uncertain outlook
By Melissa HancockJune 30, 2026
GCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle 
Middle EastGCC debt markets have rallied since the ceasefire, but tight liquidity remains a key hurdle 
By Melissa HancockJune 30, 2026
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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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