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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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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, over $130 million more than expected.

By Mia OsmonbekovJune 30, 2026

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

By Emma BurleighJune 30, 2026

Henry Kravis

KKR cofounder once impressed Roy Disney with a habit most analysts skipped—it turned a 1-hour meeting into all-day mentorship: ‘I thought I’d died and gone to heaven’

By Preston ForeJune 30, 2026

swiss

It’s so hot in Switzerland that yodelers are standing in fountains

By Jez Fielder and The Associated PressJune 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

kean

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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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

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mcmaster

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

‘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

Dave Portnoy quit an $80K sales job to start Barstool—he hand-delivered papers in a secondhand van while living with his girlfriend’s mom for 6 years

Dave Portnoy left his cushy 9-to-5 and spent years delivering papers and even scooping dog waste before success. Now he’s worth $250 million.

By Preston ForeJune 29, 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

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I grew BDO from $600 million to $3.4 billion. Here’s the 3-part formula that made it possible

BDO USA’s outgoing CEO on why culture, AI, and employee ownership aren’t separate priorities — they’re a single system.

By Wayne BersonJune 30, 2026

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

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

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

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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

AI Dell’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 Estate Gen 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

Economy It 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.

Newsletters AI 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.

Crypto Stripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle

By Camila Grigera NaónJune 30, 2026

kean

Politics Tom 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

Commentary Netflix 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 LeadershipPage 90 of 100

Gustas Germanavicius

Success From college dropout to Ironman CEO in 7 years, this Gen Z founder found ‘no pain, no gain’ from a trip to China and the Shaolin monks

By Nick LichtenbergNovember 27, 2025

Economy City of 11,000 reels from ‘gut punch’ after Big Meat firm closes plant that employs nearly a third of the population
By Josh Funk and The Associated PressNovember 25, 2025

Kathy Harvey is Associate Dean for Global Networks and Innovation at Saïd Business School, University of Oxford, and a Fellow of Keble College.

Commentary Finance’s outdated view of women holding back female founders

By Kathy HarveyNovember 27, 2025

Success How to stop ‘death-by-measurement’ from killing your product’s vision

By Chris NovakNovember 27, 2025

Singapore tops global ranking for attracting and retaining talent, pushing out Switzerland

Asia Singapore tops global ranking for attracting and retaining talent, pushing out Switzerland

By Angelica AngNovember 27, 2025

Despite some green shoots, the new CEO of Kohl’s faces a tough slog to win back its AWOL shoppers

Retail Despite some green shoots, the new CEO of Kohl’s faces a tough slog to win back its AWOL shoppers

By Phil WahbaNovember 27, 2025

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Success Americans can’t agree on what ‘middle class’ means anymore, and they’re debating it in the comments of TikTok home tours

By Nick Lichtenberg and Ashley LutzNovember 26, 2025

Success 29-year-old founder spammed Salesforce CEO Marc Benioff 53 times—it worked and now he spends 30 minutes a week ‘hustling’ and shooting cold emails
By Jessica CoacciNovember 25, 2025

Campbell’s fires exec after leaked recording berating ‘poor’ customers and ‘bioengineered meat’ prompts outrage and investigation

Law Campbell’s fires exec after leaked recording berating ‘poor’ customers and ‘bioengineered meat’ prompts outrage and investigation

By Marco Quiroz-GutierrezNovember 26, 2025

AI is reshaping how Americans shop. Here’s how Target’s top tech leader says the retailer is adapting

Newsletters AI is reshaping how Americans shop. Here’s how Target’s top tech leader says the retailer is adapting

By John KellNovember 26, 2025

Logitech CEO Hanneke Faber

C-Suite Logitech CEO Hanneke Faber: ‘Tech is best when you actually don’t know that it’s there’

By Fortune EditorsNovember 26, 2025

Donald Trump inauguration

Success Meet the world’s 29 ‘super-billionaires’ fueling the wealth gap and boasting a collective fortune of $4 trillion

By Emma BurleighNovember 26, 2025

Few investors copy Warren Buffett’s investment strategy ‘because no one wants to get rich slow,’ the retiring Berkshire Hathaway CEO says

Investing Few investors copy Warren Buffett’s investment strategy ‘because no one wants to get rich slow,’ the retiring Berkshire Hathaway CEO says

By Sydney LakeNovember 26, 2025

AI ‘Are you insane?’: Billionaire CEO Jensen Huang blasts Nvidia managers who are ‘telling their people to use less AI’
By Dave SmithNovember 25, 2025

Reese Witherspoon

Success Reese Witherspoon says she doesn’t know a single woman ‘who doesn’t have a disaster financial story’ thanks to divorce and debt

By Jessica CoacciNovember 26, 2025

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Success To get promoted in the age of AI and layoffs, young workers need upskilling—and to take ownership—career experts say

By Preston ForeNovember 26, 2025

Xpeng CEO He Xiaopeng launches its Iron humanoid robot during AI Day at its headquarters in Guangzhou, China on Nov. 5, 2025.

Newsletters China’s robots—from ‘factory brains’ to vacuums that can pick up your socks—are lapping the competition

By Nicholas GordonNovember 26, 2025

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Health The ideal airplane seat choice to avoid getting sick while traveling, according to an Olympic doctor

By Dave SmithNovember 26, 2025

Business schools have a responsibility to ‘train the leaders of tomorrow’ amid global ‘fragmentation’, says ESSEC dean Vincenzo Vinzi

Asia Business schools have a responsibility to ‘train the leaders of tomorrow’ amid global ‘fragmentation’, says ESSEC dean Vincenzo Vinzi

By Angelica AngNovember 26, 2025

How AI can power Europe’s next industrial revolution

Commentary How AI can power Europe’s next industrial revolution

By Dave McCannNovember 26, 2025

Weed

Health After fighting for legalization, weed smokers face a harsh reality: Symptoms earlier generations didn’t experience make wake-and-bake a new kind of addiction

By Leah Willingham and The Associated PressNovember 25, 2025

black unemployment

Economy Why is Black female unemployment soaring? Experts gather in Boston to discuss 7.5% unemployment rate

By Matt Brown and The Associated PressNovember 25, 2025

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AI Outside the U.S. and Europe, the momentum of China’s open source AI models is plain to see

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Ray Dalio attends the Fortune Global Forum Riyadh 2025 on October 27, 2025 in Riyadh, Saudi Arabia.

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Marc Benioff smiles outside

AI ‘I’m not going back’: Billionaire Marc Benioff says he’s switching to Google’s Gemini 3 after using ‘ChatGPT every day for three years’

By Dave SmithNovember 25, 2025

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Most Popular

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

placeholder alt text

By Sydney LakeJune 29, 2026

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

placeholder alt text

By Sydney LakeJune 25, 2026

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

placeholder alt text

By Preston ForeJune 27, 2026

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