Elon Musk Wins Reinstatement of Historic Tesla Pay Package
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Elon Musk has achieved a historic milestone by becoming the first individual to surpass a net worth of $700 billion, following a court ruling that reinstated a lucrative compensation package tied to his role at Tesla.
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The Delaware Supreme Court rules to reinstate his 2018 Tesla stock options worth $139bn, taking his net worth past an unprecedented $700bn.
After this decision, Elon Musk's net worth skyrocketed, making it worth almost three times that of Larry Page, the co-founder of Google. While the latter is currently worth $252.6 billion, Musk clocks in at $749 billion.