Tesla-Boss Elon Musk (54), according to calculations by Forbes magazine, after a court decision in the USA a net worth of around 749 billion dollars (the equivalent of around 640 billion euros). This is from what was published online Magazine’s Billionaires ListÂ
that Musk is currently leading.
Musk recently found himself in one years-long legal dispute over a huge block of shares from 2018. The approximately 304 million shares are worth just over 146 billion dollars (around 124.6 billion euros) at the current price. The Supreme Court in the US state of Delaware overturned a judge’s decision to overturn the compensation package following a shareholder lawsuit. The judges ruled that repealing the entire package was too harsh a measure.
In 2018, Musk was given the right to acquire the shares in twelve steps if the company met ambitious goals over a period of up to ten years. Tesla hit the targets much faster. The package was worth more than $50 billion at the time.
Just earlier this week, Musk’s fortune reached an estimated net worth of more than $600 billion, according to Forbes. From the magazine’s point of view, the decisive factor was the sale of shares in the space company run by Musk SpaceX by some employees and investors. Musk’s assets mainly consist of shares in the electric car manufacturer Tesla and SpaceX. In the future, Musk could even become significantly richer: Tesla shareholders only paved the way for one in November Possible record compensation of almost a trillion dollars for Musk made free.
He is currently in second place on the billionaire list Google-Co-founder Larry Page (52) has a fortune of around $253 billion – so he has around half a quadrillion dollars less than leader Musk. Himself the richest family dynasty in the world leaves Musk far behind: Rob (81), Jim (77) and Alice Walton (76), the children and heirs of Walmart founder Sam Walton, currently have an estimated combined fortune of $513.4 billion.