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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
NewslettersMPW Daily

Kamala Harris and Meghan, Duchess of Sussex, will join the Fortune Most Powerful Women Summit

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
Down Arrow Button Icon
October 10, 2025, 10:36 AM ET
A seated woman in a tan suit jacket speaks into a handheld microphone on stage. A book cover is enlarged behind her
Former U.S. Vice President Kamala Harris speaks at the Wiltern Theatre on Sept. 29, 2025, in Los Angeles.
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The Fortune Most Powerful Women Summit is fast approaching next week—and we have some very exciting updates for you.

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Joining us at the Summit will be none other than Kamala Harris. She’ll take us behind the scenes of her shortest-in-history presidential campaign, as detailed in her new book 107 Days.

Lisa McClain is chairwoman of the House Republican Conference and the highest-ranking GOP woman in the House. She’ll discuss the government shutdown and the future of politics in America.

Speaking of Washington, Muriel Bowser, mayor of Washington, D.C., will also be with us to discuss leading at the unique intersection of local and national politics—and through events like federal intervention in her city.

Meghan, Duchess of Sussex, will dive into life as a founder with her lifestyle brand, As ever.

Kristalina Georgieva, managing director of the International Monetary Fund, will explain fundamental shifts in the global economy and how the IMF navigates crisis.

Brené Brown will share with us her signature insight on transformative leadership, with a lens on building mission-driven company cultures.

Selena Gomez will be joined by Rare Beauty’s chief impact officer, Elyse Cohen, for a talk about redefining beauty standards and advancing mental health at the same time.

Plus the three-day event will include many Fortune 500 and Global 500 CEOs who feature on the 2025 Fortune Most Powerful Women list, for one of our most global events ever—like Beth Ford of Land O’Lakes, Tan Su Shan of DBS, and Fran Horowitz of Abercrombie.

I’m so excited to hear from all these incredible women with such unique perspectives to share. When women at the top of so many different fields are all in the same place, magic happens. It’s truly one of our most special gatherings ever, and I can’t wait to bring you all the insights and news that come out of this event.

We’ll be back on Monday with more news before we dive into the week ahead. What questions do you have for these women? Stay tuned for more!

Emma Hinchliffe
emma.hinchliffe@fortune.com

The Most Powerful Women Daily newsletter is Fortune’s daily briefing for and about the women leading the business world. Subscribe here.

ALSO IN THE HEADLINES

María Corina Machado won the Nobel Peace Prize. The Venezuelan opposition leader has been living in hiding after her run against President Nicolás Maduro. She was recognized for keeping "the flame of democracy burning amidst a growing darkness." NBC News

New York attorney general Letitia James, who went after Trump, has been indicted. The Justice Department has pursued charges against Trump's political opponents. James has been investigated over mortgages she took out. Interestingly, both cases (against James and Trump) involve allegations of real estate fraud—just over $18,000 alleged for James, and millions for Trump. And James now joins a list of prominent Black women targeted by Trump, alongside Lisa Cook of the Fed and Fani T. Willis. CNN

Private equity is getting more hands-on in the National Women's Soccer League. Institutional investors are allowed in the league, with a different approach than in other professional sports which have been wary of permitting PE ownership. If a fund invests in only one team, it's allowed to be more directly involved than as a passive owner, as seen recently at Bay FC. The Athletic

ON MY RADAR

Glenn Close has nothing left to prove New York Times

In women’s sports, athletes losing their periods was long considered normal. Not anymore The Athletic

Women's health should be a bipartisan priority Time

PARTING WORDS

"It’s so beautiful to know yourself more. I’m grateful for that—to just be learning about the depths of my heart, the things that I really care about."

—Ayo Edebiri, speaking with Vogue

This is the web version of MPW Daily, 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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