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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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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
vinod
Vinod Khosla: AI’s energy crisis has a fix — and it doesn’t need the grid
By Vinod KhoslaJune 30, 2026
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
By Ruth UmohJune 30, 2026
The VCs betting founders need a village, not a blank check
The VCs betting founders need a village, not a blank check
By Allie GarfinkleJune 30, 2026
Comcast’s split brings former CFO Michael Angelakis back as CEO
Comcast’s split brings former CFO Michael Angelakis back as CEO
By Sheryl EstradaJune 30, 2026
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The 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
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Mark Zuckerberg, CEO of Meta
AI stocks are in an ‘air pocket’ and Meta and Microsoft are being traded like ‘bear market names that cannot be owned,’ top analyst says

Everything you need to know before you reach the office this morning.

By Jim EdwardsJune 30, 2026
This summer’s heat is a live stress test for data centers—here’s what it’s revealing in real time

Almost 80% of global data centers face some form of climate risk, and it could cost developers trillions in the coming decades.

By Tristan BoveJune 29, 2026
Hyperscalers could end up resembling airlines—plagued by small margins, intense competition, and high expenses, AI skeptic warns 

“In placing massive hyperscaling bets, investors are setting lavish expectations about future earnings.”

By Jason MaJune 29, 2026
Strategy may sell up to $1.25 billion in Bitcoin to calm investor jitters

Strategy continues its shift away from aggressive Bitcoin accumulation as market conditions deteriorate.

By Camila Grigera NaónJune 29, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
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.
‘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
Why BlackRock, Nvidia, and Temasek are betting billions on quantum computing

Geopolitical competition and meaningful exits are convincing Wall Street the technology may finally be nearing its moment.

By Lily Mae LazarusJune 29, 2026
Ex-Google engineer says Larry Page, Sergey Brin and Sundar Pichai share the same trait—it’s the lesson he swears by as a $7.2 billion AI CEO

$7.2 billion AI founder Arvind Jain ‘observed’ Sundar Pichai at Google for years before he became CEO—he learned you need to ‘think crazy’ to be successful

By Orianna Rosa RoyleJune 28, 2026
NASA plans daring robotic rescue mission to prevent an aging space telescope from falling back to Earth, and the legendary Hubble could be next

“I have to be honest. No one thought it was going to be possible. No one thought we would get as far as we’ve already gotten today.”

By Marcia Dunn and The Associated PressJune 28, 2026
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AI
More in AI
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
America’s AI hunger has reached the Nashville Zoo and its endangered animals may be the ones to pay the price

Country star Brad Paisley helped drive more than 500,000 signatures to a petition by the zoo opposing the development.

By Marco Quiroz-GutierrezJune 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
The central bank of central banks just released its flagship annual report — and it sees a $1 trillion AI investment boom headed for a reckoning

The Bank for International Settlements draws an explicit parallel to the dotcom crash and railway mania, but the stakes are bigger now.

By Nick LichtenbergJune 29, 2026
More in AI
Innovation
More in Innovation
‘Cop on your wrist’: Wearables offer tons of data, but people are still going to sleep to Netflix and TikTok
‘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
Wendy Schmidt: Three centuries of science is something to celebrate

George Washington Died Not Knowing Dinosaurs Existed. Three Centuries Later, Science Has Never Needed More Defense.

By Wendy SchmidtJune 29, 2026
SpaceX, Charter discussed mobile phone partnership in U.S.

Charter, the largest home internet provider in the US, could run some of SpaceX’s phone traffic through its ground-based internet infrastructure.

By Kelcee Griffis and BloombergJune 27, 2026
France wearing green for the Statue of Liberty: inside the unusual interpretation of ‘national pride’ that makes World Cup jerseys

Nike’s Liberté away kit uses its mint hue to reframe a 140-year-old diplomatic gift as a statement of national identity on American soil.

By Claire Rush and The Associated PressJune 28, 2026
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Cybersecurity
More in Cybersecurity
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Australia’s under-16 social media ban is failing, so the government is (literally) doubling down

“We can all agree we would like the scheme to work better than it is currently, but that is on Big Tech taking the Mickey,” Minister Anika Wells said.

By Rod McGuirk and The Associated PressJune 29, 2026
Australia to strengthen enforcement of under-16 social media ban

“It’s clear big tech are not doing enough to comply with the law — there are still too many children on social media.”

By Ainslie Chandler and BloombergJune 27, 2026
Defections from Google DeepMind prompt questions about Alphabet’s efforts to stay at the forefront of AI

With Google’s AI models losing leaderboard places and its pace of model releases lagging, some are questioning if the internet giant can stay at AI’s cutting edge.

By Jeremy KahnJune 23, 2026
Job scams are getting more sophisticated, and they’re costing Americans millions

Nearly all scammers are using AI to track targets. It’s making the usual red flags harder to decipher.

By Jacqueline MunisJune 27, 2026
More in Cybersecurity
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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
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Future of WorkHow American colleges are drifting toward elitism, replicating European models and neglecting what made U.S. education special
By Caroline Field LevanderFebruary 3, 2026
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    Big TechThe Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to ‘cure or prevent all disease’
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InvestingPalantir’s blockbuster earnings fired a starting gun on a global rally in stocks
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Why President Trump’s latest crypto scandal could spell disaster for the blockchain industry
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By Beatrice NolanFebruary 3, 2026
Elon Musk combines his wonder twins—SpaceX and xAI—into a $1.25 trillion mega mashup
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AI‘We are an n of 1’: Palantir hails ‘incredible’ earnings as stock rockets nearly 8% after hours
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AIElon Musk’s SpaceX buys xAI in stunning deal valued at $1.25 trillion ahead of looming IPO
By Amanda GerutFebruary 2, 2026
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Devon Energy CEO: $26 billion Coterra merger marries two “crown jewels” as merger mania returns to the oilfield
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By Tristan BoveFebruary 2, 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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