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Photo of Sydney Lake
Sydney Lake
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Sydney Lake is an associate editor at Fortune, where she writes and edits news for the publication's global news desk covering generational dynamics, billionaire philanthropy, housing, real estate, luxury, and wealth. Before joining Fortune, Sydney served as the assistant editor of Virginia Business magazine and worked on the production desk at CQ Roll Call. She earned her bachelor’s degree in journalism and leadership studies from the University of Richmond and her master's degree in digital media management from the University of Southern California.
Married 69 years, this philanthropic couple died 8 days apart—after giving away more than $20 million from a hotel-and-property fortune
Success
Married 69 years, this philanthropic couple died 8 days apart—after giving away more than $20 million from a hotel-and-property fortune
By Sydney LakeAugust 18, 2026
The $124 trillion Great Wealth Transfer is fully underway—but nonprofits are ‘paralyzed’ by how to chase millennials’ newfound wealth
Success
The $124 trillion Great Wealth Transfer is fully underway—but nonprofits are ‘paralyzed’ by how to chase millennials’ newfound wealth
By Sydney LakeAugust 16, 2026
Photo of Phoebe Gates
Startups & Venture
‘I have a chip on my shoulder.’ Phoebe Gates wants her $185 million AI startup Phia to succeed with ‘no ties to my privilege or my last name’
By Sydney LakeAugust 15, 2026
Billionaire Home Depot cofounder Bernie Marcus’s foundation donates nearly $30 million toward stem cell research for heart attacks
Success
Billionaire Home Depot cofounder Bernie Marcus’s foundation donates nearly $30 million toward stem cell research for heart attacks
By Sydney LakeAugust 14, 2026
Gates Foundation’s $540 million gift to science comes as the federal government pulls back on funding
Success
Gates Foundation’s $540 million gift to science comes as the federal government pulls back on funding
By Sydney LakeAugust 12, 2026
Photo of Steve and Connie Ballmer
Success
After donating $8 billion, Steve and Connie Ballmer create three regional philanthropies so people closest to the work can decide how the money is spent
By Sydney LakeAugust 11, 2026
MacKenzie Scott has given away $26 billion and rarely speaks publicly. Now she’s releasing a novel—but you won’t find it on Amazon
Success
MacKenzie Scott has given away $26 billion and rarely speaks publicly. Now she’s releasing a novel—but you won’t find it on Amazon
By Sydney LakeAugust 10, 2026
A Gen Z worker got called out by their CEO for leaving 10 minutes early. Workplace experts debate who was in the wrong
Workplace Culture
A Gen Z worker got called out by their CEO for leaving 10 minutes early. Workplace experts debate who was in the wrong
By Sydney LakeAugust 9, 2026
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
By Sydney LakeAugust 8, 2026
California mints the most billionaires. A new index ranks it dead last on the freedom to give to charity
Personal Finance
California mints the most billionaires. A new index ranks it dead last on the freedom to give to charity
By Sydney LakeAugust 6, 2026
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
Politics
Billionaires have been flooding the midterms with cash, but one of the GOP’s most reliable megadonors just went silent
By Sydney LakeAugust 5, 2026
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Environment
OpenAI’s Greg Brockman gave $5.5 million to protect the home of an internet-famous bald eagle named Jackie
By Sydney LakeAugust 4, 2026
Most billionaires are stuck in ‘slow philanthropy.’ MacKenzie Scott gave away $26 billion and won’t stop until ‘the safe is empty’
Success
Most billionaires are stuck in ‘slow philanthropy.’ MacKenzie Scott gave away $26 billion and won’t stop until ‘the safe is empty’
By Sydney LakeAugust 2, 2026
You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’
Personal Finance
You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’
By Sydney LakeAugust 1, 2026
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
Success
Aliko Dangote is leaving one-third of his $35 billion fortune ‘to humanity’—a rare move among Africa’s billionaires
By Sydney LakeJuly 30, 2026
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Energy
U.S. strategic reserves are getting so low the drawdown threatens to damage the 60 underground salt caverns storing American oilplaceholder alt text
By Sasha RogelbergAugust 17, 2026
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Billionaire founder agrees with Elon Musk, Sam Altman, and Jeff Bezos: We will live and work in space—and could be commuting to the moon by 2030placeholder alt text
By Orianna Rosa RoyleAugust 17, 2026
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Billionaire Gen Zer dropped out of high school to launch his startup at 17—now he’s the richest self-made 25-year-old in the U.K and all of Europeplaceholder alt text
By Emma BurleighAugust 17, 2026
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