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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

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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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
Henry Kravis
Wall Street billionaire turned an hour meeting with Disney’s cofounder into an entire day together—all he did was read a report most analysts ignored
By Preston ForeJune 30, 2026
Bill Gates (left) and Warren Buffett
Warren Buffett breaks from a ‘lifetime’ pledge to the Gates Foundation as the Epstein fallout deepens
By Sydney LakeJune 30, 2026
wb
I grew BDO from $600 million to $3.4 billion. Here’s the 3-part formula that made it possible
By Wayne BersonJune 30, 2026
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New Jersey Republican to reappear in Congress after unexplained 4-month absence
By Mike Catalini and The Associated PressJune 30, 2026
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It’s so hot in Switzerland that yodelers are standing in fountains
By Jez Fielder and The Associated PressJune 30, 2026
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Future of Work
More in Future of Work
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

Jamie Dimon’s succession delay has turned JPMorgan into a CEO recruiting gold mine.

By Ruth UmohJune 30, 2026
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
This CEO became 3x more productive with AI. Then she read what her daughter wrote about it at Dartmouth

As Maria Colacurcio embraced AI to transform how she works, her daughter Sofia Frei began questioning what society might lose in the process. 

By Maria Colacurcio and Sofia FreiJune 28, 2026
Target is starting to track employees’ unexcused lateness and absences with a points system—and if they rack up 12, they’re fired

Target staffers who clock in late and skip work enough to rack up 12 points will be shown the door. It’s just one way companies are tightening their grip on in-person attendance.

By Emma BurleighJune 29, 2026
More in Future of Work
Success
More in Success
Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup
Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup

Nike beat market expectations on Tuesday, reporting $10.97 billion in revenue, more than $130 million than expected.

By Mia OsmonbekovJune 30, 2026
Boston Dynamics CEO: America’s next 250 years will be built by robots. Here’s what’s standing in the way

The U.S. has always led the world’s great industrial leaps. Robotics is next — but only if Washington, industry, and workers move together.

By Amanda McMasterJune 30, 2026
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: ‘Sadly,’ it makes the world a worse place

Musk has offered thoughts on philanthropy: “It’s very easy to give money away to get the appearance of goodness” but it’s very difficult to get “reality.”

By Sydney LakeJune 29, 2026
‘Humanity has chosen to become idiots’: This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating

Roberto Serrano literally wrote the book on game theory, but he’s befuddled: “Why are you at a university if you refuse to learn, you refuse to work hard?”

By Catherina GioinoJune 29, 2026
More in Success
C-Suite
More in C-Suite
Coworkers watching World Cup at a bar
How smart employers are turning the World Cup into a workplace win

Streaming watch parties from the conference room and buying drinks to work at the bar. Meet the bosses embracing the World Cup.

By Emma BurleighJune 29, 2026
As JPMorgan’s CEO race heats up, the case for a two-person succession contest is put to the test

JPMorgan’s CEO succession race gives a clue as to why boards still pit top contenders against each other.

By Ruth UmohJune 29, 2026
This entrepreneurial couple cashed out their 401(k)s and sold a $126 million company—now they run a U.K. soccer team

Bryan and Shannon Miles are an entrepreneurial power couple sweeping tech and beer, now living out their Ryan Reynolds Wrexham dream with their European soccer clubs.

By Emma BurleighJune 28, 2026
Fed’s Barkin warns of high inflation, but sees signs of relief

“Businesses, when they set prices, take today’s inflation as a factor, and so I think there’s some persistence to inflation.”

By Catarina Saraiva and BloombergJune 28, 2026
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Workplace Culture
More in Workplace Culture
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Ford on why it hired 350 ‘gray beard’ engineers: you need their mentorship for younger workers — and to drive huge AI productivity gains

“These engineers carry the hard-earned wisdom of decades of design,” Ford told Fortune, adding that AI is important to quality gains.

By Sasha RogelbergJune 29, 2026
‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok

A group of experts at the Fortune Brainstorm Tech event in Aspen pinpointed a problem: People have more data than ever from their wearables, but nobody knows what to do with the information.

By Amanda GerutJune 29, 2026
One in 10 Gen Zers want their boss to be replaced by AI—they’re already being polite to ChatGPT just in case

Amid AI job-loss fears, Gen Z has one role they hope gets replaced: their boss. And 69% are already being polite to ChatGPT, just in case.

By Orianna Rosa RoyleJune 27, 2026
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’

Amazon laid off 14,000 employees last fall, but CEO Andy Jassy denied the reductions were related to AI.

By Sasha RogelbergJune 28, 2026
More in Workplace Culture
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
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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
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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
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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
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CommentaryNetflix could turn NBC into its biggest bet yet — and this time, the math actually works
By Jeffrey Sonnenfeld and Steven TianJune 30, 2026
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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
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AIOne of the Democratic Party’s brightest stars is co-founding a group to help with the coming AI jobs earthquake
By Josh Boak and The Associated PressJune 25, 2026
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    By Arthur Cosby and The ConversationJune 23, 2026
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By Nayara Batschke and The Associated PressJune 25, 2026
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Future of WorkKen Griffin celebrates America’s 250th birthday with $26 million gift for new Roosevelt Library built into the Badlands
By Nick LichtenbergJune 25, 2026
Larry Ellison quietly gave $45 million to a pro-Trump group—then Oracle landed a starring role in a $500 billion AI buildout
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By Sydney LakeJune 25, 2026
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By Emma BurleighJune 25, 2026
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By Preston ForeJune 25, 2026
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    Success47% of Harvard seniors admit to cheating — and the problem existed long before ChatGPT
    By Austin Sarat and The ConversationJune 23, 2026
Softbank CEO dismisses Elon Musk’s extraterrestrial data center idea in favor of maximizing Earth-side construction now: ‘He who strikes first wins’
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SuccessTIAA’s CEO made $26,000 in her first job but still maxed out her 401(k). She has advice for Gen Z
By Emma BurleighJune 25, 2026
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CommentaryAs an immigrant turned entrepreneur and college president, here is why I celebrate our nation as it turns 250
By Nido R. QubeinJune 25, 2026
A 6 year study shows which CEOs are pushing RTO mandates: The ones with the biggest egos
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By Claire ZillmanJune 25, 2026
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Big TechReddit COO targets 1 billion users as internet’s ‘odd duck’ aims for new heights
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    By Bob Batchelor and The ConversationJune 23, 2026
Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
SuccessIkea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
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Fortune 500 bosses demanding staff return to the office share one trait: Narcissism, research finds
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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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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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