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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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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: ‘sadly,’ it makes the world a worse place

Fortune · Jun 29, 2026, 3:25 PM

Mac Kenzie Scott has become one of the most affluent philanthropists of our time. After all, she’s given away more than $26 billion during the past few years to thousands of organizations through her organization Yield Giving. While many of her recipients had never received a gift of that size and many have called them life-changing gifts, not everyone sees her work in the same way. Take Elon Musk, who recently became the world’s first trillionaire, who thinks Scott’s giving is actually making the world “worse off.” On June 27, Pubity, a major viral media and social news brand, posted on X about Scott’s giving, saying her $26.3 billion in donations has made her one of the “biggest individual donors in history.” The ex-wife of Amazon founder Jeff Bezos was recently confirmed as the biggest megadonor in 2025. Then, an account with 22,500 followers with the name @FrenlyOfficer whose bio describes them as a “Heterosexual Alpha Male,” replied to Pubity’s post about Scott saying “Unfortunately, she’s spending it making the world a worse place.” Musk then responded to @FrenlyOfficer agreeing with the sentiment, saying: “Sadly, yes.” Musk is fresh off losing his history-making trillionaire status and is still comfortably the world’s most richest man, yet he’s been outspoken about how supposedly hard philanthropic giving is. Fresh off securing his $1 trillion pay package from Tesla in late 2025, he said philanthropy is difficult. “I agree with love of humanity, and I think we should try to do things that help our fellow human beings,” Musk told Nikhil Kamath for the WTF podcast in an episode published in December 2025. “But it’s very hard.” He explained that he thinks it is simply challenging to “to give away money well.” “The biggest challenge I find with my foundation is trying to give money away in a way that is truly beneficial to people,” he added. “It’s very easy to give money away to get the appearance of goodness. It is very difficult to give money away for the

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