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

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
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Fortune’s Most Powerful Women Summit kicks off. Here’s what to expect

Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
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Emma Hinchliffe
By
Emma Hinchliffe
Emma Hinchliffe
Most Powerful Women Editor
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October 10, 2022, 7:40 AM ET
Thasunda Brown Duckett, President and CEO of TIAA.
Thasunda Brown Duckett, President and CEO of TIAA.Stuart Isett for Fortune MPW
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Good morning, Broadsheet readers! A marathoner sets a new record, women recoup pandemic job losses, and Fortune’s Most Powerful Women Summit kicks off today. Have a meaningful Monday.

– Power pose. Good morning from Laguna Niguel, California, where Fortune’s team is preparing for this year’s Most Powerful Women Summit to get underway.

We’ll kick things off this afternoon—and will be sure to share the highlights with Broadsheet readers throughout the week. As always, we’re joined by top women leaders across corporate America, from Wall Street to Silicon Valley, and beyond.

Some executives you can look forward to hearing from this week: Walgreens Boots Alliance CEO Roz Brewer; TIAA CEO Thasunda Brown Duckett; AMD CEO Lisa Su; New York Stock Exchange president Lynn Martin; TikTok COO Vanessa Pappas; Kohl’s CEO Michelle Gass; Accenture CEO Julie Sweet; Meta chief business officer Marne Levine; and Walmart International president and CEO Judith McKenna.

From the world of startups and venture capital, we’ll hear from Forerunner Ventures’ Kirsten Green; Instacart CEO Fidji Simo; and Incredible Health founder Iman Abuzeid.

Of course, we also look forward to highlighting influential voices outside of core business. We’ll be joined by politicians Rep. Liz Cheney and Rep. Katie Porter. Plus, philanthropist Melinda French Gates; famed couples therapist Esther Perel; union leader Sara Nelson, international president for the Association of Flight Attendants CWA, AFL-CIO; and Planned Parenthood president and CEO Alexis McGill Johnson.

It’s sure to be a fascinating and thought-provoking gathering. Thanks for following along this week.


Before you go, today Fortune published another signature franchise: the Change the World list. This list identifies businesses that are doing well by doing good, focusing on how they positively impact the world through business rather than adjacent philanthropic initiatives. Women CEOs run six out of 54 companies on the list. Representing 11.1% of listees, they are punching slightly above their weight on social impact since women run only 8.8% of Fortune 500 businesses.

The aforementioned women-led businesses include Karen Lynch’s CVS Health, which through its Aetna division implemented a program that has successfully reduced suicide attempts by 18% among Aetna members; Kristin Peck’s Zoetis, which is helping to fight food insecurity by improving the health of livestock; and Alicia Boler Davis’s Alto Pharmacy, which is working to close gaps in access to prescription drugs.

See the full list here.

Emma Hinchliffe
emma.hinchliffe@fortune.com
@_emmahinchliffe

The Broadsheet is Fortune’s newsletter for and about the world’s most powerful women. Subscribe here.

ALSO IN THE HEADLINES

- Running start. Thirty-year-old Emily Sisson set a new U.S. women’s marathon record yesterday, placing second in the Chicago Marathon with a time of 2:18:29. That’s 43 seconds faster than the previous American record. Kenya's Ruth Chepngetich won the marathon with a time of 2:14:18. Runner's World

- Back to work. Women have finally recovered the net job losses incurred by the pandemic, according to September’s jobs report. Women now hold 85,000 more jobs than they did in February 2020. Men’s recovery, however, is still stronger; they hold 429,000 more jobs now than at that time. National Women’s Law Center

- Take two. A Los Angeles trial against Harvey Weinstein will begin this week. The criminal trial for rape and sexual assault will be his second. Weinstein is currently appealing a 23-year sentence handed down after his trial in New York and could face up to 140 years in prison in this case. He has pled not guilty. BuzzFeed

- 50/50. Writer Amy Shearn proposes a solution for household and childcare inequalities that plague many marriages: Treat these responsibilities like you have a 50/50 custody arrangement. Shearn says the insight came from her improved work-life balance after her divorce. New York Times

IN CASE YOU MISSED IT

- Cheating scandal. It’s not just chess; a cheating scandal is now rocking the world of Irish dancing. The Irish Dancing Commission, which runs world championships, is investigating allegations that it fixes competitions. Irish Culture Minister Catherine Martin hopes the inquiry will restore trust among dancers and their families. CNN

- Management tips. In an advice column for Fortune, resilience educator Komal Minhas offers guidance to a male manager who oversees a team of women. The first step is to actually listen to what those team members have to say, Minhas writes. Fortune

- Tragic consequence. Fifteen-week abortion bans have devastating effects on mothers who become pregnant later in life. Older women are more likely to conceive fetuses with abnormalities that sometimes aren’t identified until later in pregnancy. New York Times

ON MY RADAR

Tár is Oscar season’s ‘cancel culture’ movie. It’s thrilling Slate

Tina Smith is working on it Mpls.St.Paul Magazine

Vice President Kamala Harris on the future of mental wellness—and how we get there Cosmopolitan

PARTING WORDS

“I could have left, but I chose not to because I’m trying to fix what I’ve done wrong.”

- Anna Sorokin, aka Anna Delvey, on why she chose to fight deportation to Germany. The fake heiress whose story was the basis for the Netflix series Inventing Anna gave her first interview since her Friday release from prison on house arrest. 

This is the web version of The Broadsheet, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.

About the Author
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
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Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

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