Elon Musk’s Money: How He Made It And Spends It

Elon Musk’s Money: How He Made It And Spends It

Editor's Note: A judge in Delaware struck down a record-breaking pay package for billionaire Elon Musk for a second time on Monday, December 2nd—despite the $50 billion in stock options being approved by Tesla shareholders in June—upholding her previous judgment that the company’s shareholders were too under the influence of Musk to approve the package.br br The richest person on Earth is now arguably the most powerful, too. A former Democrat–and a South African who came to the U.S. via Canada as a college student–Musk became a big backer of Donald Trump in the runup to the November 5 election, speaking at rallies and donating $119 million to return him to the White House. It may have been the best money he ever spent.br br Read the full story on Forbes: br Subscribe to FORBES: br Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:br br br Stay Connectedbr Forbes newsletters: Forbes on Facebook: Forbes Video on Twitter: Forbes Video on Instagram: More From Forbes: br Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.


User: Forbes

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Uploaded: 2024-12-05

Duration: 05:36

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