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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
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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
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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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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
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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
EconomyIt 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
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NewslettersAI 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.
CryptoStripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle
By Camila Grigera NaónJune 30, 2026
kean
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
More LeadershipPage 91 of 100
Clay Patton, vice president of the Lexington-area Chamber of Commerce said Monday that Tyson’s announcement Friday felt like a “gut punch” to the community
EconomyCity 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
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    CommentaryThe exit economy is here. Black Women are paying the highest price
    By Katica RoyNovember 22, 2025
Marc Benioff
Success29-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
Jensen Huang
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
Happy young businesswoman outside with her arms in the air
SuccessHalf of workers are ‘revenge quitting’ and walking out on their jobs without notice—and the majority are loyal, longtime staff
By Orianna Rosa RoyleNovember 25, 2025
Jerry Garcia
C-SuiteWhat every CEO should learn from Jerry Garcia 
By Brian HalliganNovember 25, 2025
farmers
CommentaryHow American farmers are losing out on the organic food boom to other countries
By Kelly DamewoodNovember 25, 2025
  • Duffy
    PoliticsTrump’s FAA punishes most of nation’s air traffic workers by only giving $10,000 bonuses to the 776 with perfect shutdown attendance
    By Josh Funk and The Associated PressNovember 22, 2025
Brian Halligan, chief executive officer and co-founder of Hubspot Inc., speaks during the Silicon Slopes Tech Summit in Salt Lake City, Utah, U.S., on Friday, Jan. 31, 2020.
SuccessThe Deadhead who became a $38 billion CEO: What HubSpot cofounder Brian Halligan learned from Jerry Garcia and passed on to his MIT students
By Eva RoytburgNovember 25, 2025
The next competitive edge in business? A new skill partnership between humans, agents, and robots
Future of WorkThe next competitive edge in business? A new skill partnership between humans, agents, and robots
By Anu Madgavkar and Lareina YeeNovember 25, 2025
Werner Vogels, chief technology officer of Amazon.com Inc., during the KL20 Tech Forum in Kuala Lumpur, Malaysia, on Monday, April 22, 2024.
NewslettersAmazon CTO Werner Vogels just released his 2026 tech predictions. He’s most optimistic about ‘personalized learning’ and ‘renaissance developers’
By Diane BradyNovember 25, 2025
Deloitte name atop its regional headquarters in Washington, D.C.
AIDeloitte allegedly cited AI-generated research in a million-dollar report for a Canadian provincial government
By Nino PaoliNovember 25, 2025
Amazon’s layoffs and leaked AI plans beg the question: Is the era of robot-driven unemployment upon us?
MagazineAmazon’s layoffs and leaked AI plans beg the question: Is the era of robot-driven unemployment upon us?
By Jason Del ReyNovember 25, 2025
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    SuccessShark Tank star Robert Herjavec says the best Gen Z career advice comes from Mark Cuban—it’s that nobody cares if you’re ‘passionate’
    By Preston ForeNovember 22, 2025
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Future of WorkMcKinsey explains why AI won’t take your job, even though it can already automate 57% of all U.S. work hours
By Nick LichtenbergNovember 25, 2025
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InvestingNovo Nordisk stock trades at 4-year-low on the back of disappointing Alzheimer’s trial
By Nick LichtenbergNovember 24, 2025
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C-Suite‘I’ve spent my entire life making YouTube videos. They’ve spent their entire lives helping people’: MrBeast teams with the Rockefeller Foundation to reshape philanthropy
By James Pollard and The Associated PressNovember 24, 2025
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AIShe ran her parents’ dry-cleaning business at 18. Today, the ‘godmother of AI’ is advising world leaders and running a billion-dollar startup
By Eva RoytburgNovember 24, 2025
MacKenzie Scott
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By Jessica CoacciNovember 24, 2025
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Workplace CultureB-players are sinking your company because they ‘block talent, slow innovation, and lower the ceiling for everyone around them,’ top recruiter says
By Dave SmithNovember 24, 2025
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SuccessAs boomers are forced back to work because they can’t afford to retire, Robinhood CEO says Gen Zers are opening retirement accounts at just 19 years old
By Emma BurleighNovember 24, 2025
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By Preston ForeNovember 24, 2025
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By Kristin StollerNovember 24, 2025
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By Hillel Italie and The Associated PressNovember 24, 2025
Ray Dalio on stage with Fortune's Diane Brady at Fortune Global Forum this year.
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By Eleanor PringleNovember 24, 2025
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NewslettersF1 has thrived by democratizing what was once a ‘look, don’t touch’ sport, says McLaren Racing CEO Zak Brown
By Diane BradyNovember 24, 2025
GoTo taps new CEO in step toward game-changing Grab takeover
AsiaGoTo taps new CEO in step toward game-changing Grab takeover
By Olivia Poh and BloombergNovember 24, 2025
Elon Musk once called DOGE ‘the chainsaw for bureaucracy,’ but it has quietly ceased to exist well ahead of schedule, report says
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By Jason MaNovember 23, 2025
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By Jason MaNovember 23, 2025
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SuccessFounder of $100 million company never unplugs from work, but encourages her team to have work-life balance: ‘They didn’t sign up to be entrepreneurs’
By Emma BurleighNovember 23, 2025
DOE
PoliticsDepartment of Education dismantling broke the law by failing to consult Native Americans, tribes say
By Graham Lee Brewer and The Associated PressNovember 23, 2025
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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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